PSA's global terminal ventures set for further growth, expansion PSA Corporation's international terminal ventures will continue to grow and warrant expansion despite Singapore's throughput contraction, according to deputy group president of operations Ng Chee Keong.
Belgium port deal likely in Q4
Daewoo Ship's interest costs to rise by 1b won
Collision of Taiwan, Viet tankers causes major oil spill
Air and Land Transport
Asian freight sales drop further in August ASIAN freight forwarders said their drop in business extended into August, pushing back hopes of a recovery for some companies well into next year.
Lufthansa to order 15 Airbus A380 super jumbos
JAL may decide not to lease jet
'Less than one in billion chance' of another Concorde crash: official
PSA's global terminal ventures set for further growth, expansion PSA Corporation's international terminal ventures will continue to grow and warrant expansion despite Singapore's throughput contraction, according to deputy group president of operations Ng Chee Keong.
Belgium port deal likely in Q4
Daewoo Ship's interest costs to rise by 1b won
Collision of Taiwan, Viet tankers causes major oil spill
Air and Land Transport
Asian freight sales drop further in August ASIAN freight forwarders said their drop in business extended into August, pushing back hopes of a recovery for some companies well into next year.
Lufthansa to order 15 Airbus A380 super jumbos
JAL may decide not to lease jet
'Less than one in billion chance' of another Concorde crash: official
Eurotunnel welcomes idea of British bobbies Eurotunnel has welcomed reports that Paris will allow British police on French soil to prevent illegal immigrants gaining access to the Channel Tunnel at Calais. French minister Daniel Vaill...
Shares in NOL fall to new low SHARES in Neptune Orients Lines hit a 28-month low on Friday following a 78% dive in first-half profits and a warning of a possible full-year loss. NOL's shares closed down 8.3% to lan...
CP Ships hit by global slip CP S hips lost value last week as its grey market share price slumped in line with a general slide in stocks around the world. The decline reduced its market capitalisation to US$743m compar...
Marine insurance newcomer wins key backing in Norway A GROUP of leading Norwegian investors, including the head of the huge Bergesen group, has expressed its confidence in a clear upturn in the marine insurance market by lending backing to a new, ind...
Trans-Pacific lines mull capacity reduction Shipping lines are so desperate to halt plummeting freight rates that they are studying a plan to artificially restrict capacity.
STB OKs CN-WC merger The deal creates a rail system with nearly 18,000 miles of track in the U.S. and Canada.
3PL growth to slow: Report Third party logistics providers could be looking at a period of slower growth in coming years, according to a shipper survey.
Senate makes tech exports easier The Export Administration Act of 2001, which eases restrictions on exports of sensitive technology, now heads to the House.
Kühne & Nagel, SembCorp et USCO unissent leurs forces Le prestataire de services logistiques suisse Kühne & Nagel a atteint son objectif: il est désormais en mesure de proposer une prestation de services mondiale aux entreprises multinationales en matière de logistique et de supply chain management. Grâce à la connexion de son propre réseau au réseau asiatique de son partenaire SembCorp Logistics et au réseau américain de la filiale Usco Logistics et grâce à l’intégration des services et du savoir-faire de ces trois partenaires, le client ne doit plus désormais s’adresser qu’à un seul interlocuteur pour obtenir des solutions globales.
Renault confie une plus grande part de sa logistique à Visteon Le producteur de composants américain Visteon est parvenu à étendre au Mexique son contrat avec Renault, limité jusqu’à présent à l’approvisionnement d’usines européennes. L’unité de production au Mexique, chargée de la fabrication du tableau de bord pour la Scenic, fabriquera à partir de novembre également le tableau de bord de la nouvelle Renault Clio qui sera produite au Mexique. Visteon fournira également le système d’air conditionné pour ce modèle.
NOL: les activités de ligne pèsent sur le bénéfice (-78%) Le groupe de transport et de logistique Neptune Orient Lines (NOL) a enregistré au cours des six premiers mois de cette année une hausse du chiffre d’affaires de 6% à 2,3 milliards d’USD. Le bénéfice a toutefois chuté de 78% à 11 millions d’USD. Le bénéfice avant impôts a régressé de 36% à 78 mio. d’USD. Selon le CEO du groupe, Flemming Jacobs, ceci est dû à l’impact du ralentissement de la croissance économique sur les activités d’APL dans le secteur du liner. Les deux autres activités de base, APL Logistics et la division citernière American Eagle Tankers, ont fourni une contribution positive tant au chiffre d’affaires qu’au bénéfice.
Transforwarding est le nouveau partenaire de SLI au Benelux Le groupe d’expédition néerlandais Transforwarding est le nouveau partenaire au Benelux du groupe espagnol SLI (Servicios Logisticos Integrados), le numéro cinq du secteur logistique en Espagnel. Transforwarding remplace la firme Nilsson, qui a mis un terme à ses activités.
GMS denies market manipulation talk Cash buyer, Anil Sharma, says he is not driving up US scrap ship prices.
Enterprises awaits Korean decision Financially troubled shipowner hopes court will free Ocelot Max within three weeks.
Cruise industry enjoys bullish outlook Ageing boomer, and increased penetration in Europe and US will jack up demand in the long run.
EU, China eye maritime pact A deal may grant European shipping firms the right to set up shop in China.
Cyprus, Russia continue Virgo protest The first US court hearing for the fatal hit-and-run case is set for 22 October.
Cruise operators' cost cut to boost earnings Carnival and other larger cruise liners have trimmed their air ticket commissions to travel agents by 5%.
CruiseShares signs ship deal A chance to splash out $10,000 plus for a timeshare on an old Soviet ferry.
P&I club warns on Antwerp thefts Spate of crime prompts call for vigilance at top port.
Yi-Tong teams up with boxship giants The Taiwanese firm is joining up with Uniglory and Yang Ming for a new Hong Kong service.
NOL shares sink to 28 month low Singapore logistics and liner company's bad interim results send share price spiralling downwards.
Vroon turns to Amer after Team defeat Dutch group "unhappy" after losing tanker takeover battle, but must now weigh up move for Ravi Mehrotra's reefers.
Kristian Siem ups Swan stake Investor shows confidence in rescued reefer venture.
Precious targets loan The Thai bulker owner needs cash for fleet renewal, but is putting a share issue on the back burner.
Equity disposals boost profits at Cosco Pacific The sale of securities lifts otherwise unchanged interim profits at container leasing and terminal operator.
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