Sri Lanka prepared to post US$50m risk guarantee SRI Lanka's deepening port crisis appears set to ease as the Sri Lankan government is negotiating to post a guarantee of up to US$50 million in exchange for a massive cut in the war risk premiums by London-based underwriters.
Amsterdam Seaports predicts record year
M'sian seamen seek to form union
ICTSI chalks up profit due to sale of foreign ops
Air and Land Transport
NZ govt to decide on Air NZ ownership options by Sept 4 THE New Zealand Government will announce its decision on ownership options for Air NZ by its Sept 4 deadline as Cabinet prepares to debate a key advisory report next week.
Lufthansa to increase flights from Tokyo
Macquarie Bank to invest more in European airports
American Airlines cuts commissions for travel agents
Concorde may be certified airworthy by end of month
Sri Lanka prepared to post US$50m risk guarantee SRI Lanka's deepening port crisis appears set to ease as the Sri Lankan government is negotiating to post a guarantee of up to US$50 million in exchange for a massive cut in the war risk premiums by London-based underwriters.
Amsterdam Seaports predicts record year
M'sian seamen seek to form union
ICTSI chalks up profit due to sale of foreign ops
Air and Land Transport
NZ govt to decide on Air NZ ownership options by Sept 4 THE New Zealand Government will announce its decision on ownership options for Air NZ by its Sept 4 deadline as Cabinet prepares to debate a key advisory report next week.
Lufthansa to increase flights from Tokyo
Macquarie Bank to invest more in European airports
American Airlines cuts commissions for travel agents
Concorde may be certified airworthy by end of month
Conrad reaches agreement with Hidalgo Conrad Industries, Inc. says it has entered into a "transition agreement" with William H. Hidalgo.
Tug order for Blount Barker Blount-Barker Shipbuilding signed a contract with Sea Wolf Marine of Bayonne, New Jersey to build a 2,400hp, 85 double chine, all welded twin screw tug.
Sydney commuters face loss of high speed ferries The New South Wales Government has raised a new solution to accidents on a popular peak hour ferry servicet. It has raised the possibility of scrapping the high-speed commuter ferry within three years.
Eurotunnel calls on French courts to shut refugee camp EUROTUNNEL has called on the French courts to shut down a refugee camp situated near to its French terminal. According to the company, the camp - located at Sangatte - contains a...
Under pressure CP Ships was yesterday tipped to become a takeover candidate in the anticipated liner shipping shakeout after an inauspicious debut as a listed company. The Canadian carrier's stock be...
Cotesworth & Co suspends underwriting A TOP marine operation at Lloyd's has fallen victim to two of the biggest events to rock the market - the Petrobras oil rig claim and the failure of UK-based Independent Insurance. ...
P&O Stena rewarded for stopping stowaways THE Home Office has rewarded P&O Stena Line for the strict security measures it has introduced to prevent illegal immigrants from entering the UK at the south coast port of Dover. The fe...
GT Nexus chooses NextLinx for compliance The trade management software maker will provide trade law compliance screening for the multi-carrier portal.
America's taxing trade troubles The implications of the World Trade Organization ruling in favor of the European Union against America over exporter tax breaks could imperil coming trade talks.
Millennium Port plans accelerate A recommendation for the location of the proposed Louisiana port will be made by mid-December.
Ziegler reprend Trans Service et Chatel Transports Le groupe logistique et de transport Ziegler a repris les entreprises de transport françaises Trans Service et Chatel Transports au début du mois d’août. Cettte reprise cadre dans la stratégie de Ziegler de mettre en place l’un des premiers réseaux français pouvant justifier une couverture de l’ensemble de l’Hexagone.
Le bénéfice d’exploitation des opérations non-postales de Deutsche Post a augmenté de 44% Le chiffre d’affaires de Deutsche Post World Net a augmenté de 6,8% à 16,817 mia. d’EUR sous l’impulsion des divisions Express et Logistics. Le CA de la division Mail a légèrement augmenté, tandis que celui de Financial Services a augmenté de 5,5% à 1,414 mia. d’EUR. Deutsche Post a en outre remporté quelques victoires importantes dans des procédures judiciaires introduites par les concurrents.
42% des données concernant le poids des containers sont erronées Le poids réel des marchandises placées dans des containers qu’on charge à bord des porte-containers, correspond-il effectivement aux données mentionnées sur les documents de transport? D’une étude effectuée à Anvers et à laquelle ont participé la société de manutention Hessenatie, plusieurs agents maritimes (Boeckmans, P&ONL, American Overseas, Star Shipping et le groupe JOS/Joint Overseas Service), il ressort que dans 42% des cas - l’étude a porté sur 23 escales de PC impliquant la manutention de 10.522 TEU -, les informations relatives au poids étaient incorrectes. En d’autres mots, 58% des informations sur le poids communiquées lors de la présentation des boîtes au terminal sont fiables. Cette situation à des conséquences considérables à plusieurs niveaux, qu’il s’agisse des agents maritimes et cross-agents ou des manutentionnaires et des armements.
Genmar shares regaining strength The tanker company stock has recouped 47% of its losses since hitting an all-time low in July.
CP Ships sinks in first trading day The container shipping firm's shares are expected to trade between $21 to $37 over the next 12 months.
Virgo gets collateral tag in lawsuit Relatives of fishermen killed in the hit-and-run incident filed lawsuits against both tanker owner and operator.
New England shipbuilder secures $6.5m deal The double-hull barge will be the largest ever built in US Northeast.
VLCC rates soar Front Lady fixed at WS 60 but rates still need to go higher to ensure profits.
ADCL boxship sale decision delayed A Gibraltar court has once again delayed a decision over what to do with seven arrested 1,388-teu containerships.
Panamax bulk oiler loses ISM certificate UK port state control inspectors held 19 vessels during July.
US turns tables in New Carissa lawsuit Justice Department seeks more than $7m for environmental damages caused by 1999 Oregon oil spill.
Nomadic plans pool expansion Talks to cosy up to other reefer owners as more losses revealed.
Tropical Storm Chantel diverts cruise ships Carnival and Royal Caribbean changes itinerary for a total of three vessels.
Clarksons and Univan split Shipbroker axes first ship management venture, but is keen to try again.
MISC poised to grow tanker fleet Malaysia International Shipping Corp is looking to spend its cash.
Wilh Wilhelmsen eyes car carrier prospects Norway's Wilh Wilhelmsen's interim figures show improvement but its second quarter results are down.
Container volumes lift Ports of Auckland New Zealand's largest port firm saw a modest rise in profits on the back of an 8% growth in container traffic.
General Maritime makes it nine out of ten The New York-listed tanker firm has taken delivery of the Genmar Endurance from Sovcomflot.
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