Daewoo looks to turn around to profit this year [SEOUL] The shipbuilding unit of South Korea's troubled Daewoo Group said this week it expects a net profit and more profitable orders in 2001 as it charts a new, independent course.
Fate of Castor remains unknown
Air and Land Transport
Aircraft industry worth US$200b a year: report [WASHINGTON] Military and civil aircraft manufacturing, combined with revenue from related services and financing, contributes US$200 billion (S$346 billion) a year to the world economy, a US forecasting company said.
Boeing 777 under study after claims of dizziness
Atlas Air CEO Chowdry dies in plane crash
Continental, Northwest object to TWA sale
Nissan to build new Micra in Britain, says report
Features
Big airlines quash competition, says study MILLIONS of travellers pay huge premiums to fly routes where big carriers have little or no low-cost competition, according to US government studies that also found major airlines are using their size and muscle in an apparent bid to drive smaller competitors out of business.
Daewoo looks to turn around to profit this year [SEOUL] The shipbuilding unit of South Korea's troubled Daewoo Group said this week it expects a net profit and more profitable orders in 2001 as it charts a new, independent course.
Fate of Castor remains unknown
Air and Land Transport
Aircraft industry worth US$200b a year: report [WASHINGTON] Military and civil aircraft manufacturing, combined with revenue from related services and financing, contributes US$200 billion (S$346 billion) a year to the world economy, a US forecasting company said.
Boeing 777 under study after claims of dizziness
Atlas Air CEO Chowdry dies in plane crash
Continental, Northwest object to TWA sale
Nissan to build new Micra in Britain, says report
Features
Big airlines quash competition, says study MILLIONS of travellers pay huge premiums to fly routes where big carriers have little or no low-cost competition, according to US government studies that also found major airlines are using their size and muscle in an apparent bid to drive smaller competitors out of business.
Daewoo looks to turn around to profit this year [SEOUL] The shipbuilding unit of South Korea's troubled Daewoo Group said this week it expects a net profit and more profitable orders in 2001 as it charts a new, independent course.
Fate of Castor remains unknown
Air and Land Transport
Aircraft industry worth US$200b a year: report [WASHINGTON] Military and civil aircraft manufacturing, combined with revenue from related services and financing, contributes US$200 billion (S$346 billion) a year to the world economy, a US forecasting company said.
Boeing 777 under study after claims of dizziness
Atlas Air CEO Chowdry dies in plane crash
Continental, Northwest object to TWA sale
Nissan to build new Micra in Britain, says report
Features
Big airlines quash competition, says study MILLIONS of travellers pay huge premiums to fly routes where big carriers have little or no low-cost competition, according to US government studies that also found major airlines are using their size and muscle in an apparent bid to drive smaller competitors out of business.
Atlas Air founder Chowdry killed in plane crash The founder and chief executive of the air cargo company and a passenger were killed Wednesday when the private airplane he was piloting crashed near Denver.
TPG, Wallenius, Autologic in bid for Renault subsidiary Autologic, a British car distribution company is joining forces with TNTPost Group (TPG) and Wallenius Wilhelmsen in a bid to take control of the transport and logistics operation of Renault, the French automaker.
Mexican railroads to invest $300M in 2001 The country's rail privatization continues to pay off as carriers commit to improved infrastructure.
GF-X inks marketing deal in Japan Global Freight Exchange, an Internet-based exchange service for air carriers and forwarders, announced that it has signed a marketing and sales agreement with Cargo Community System Japan Co.
Wallenius Wilhelmsen makes Baltimore its North Atlantic hub port
Complexity among rail dot-coms deepens
Vastera shrinks operating loss, pushes revenues up 138% in 4Q
Declining freight crimps earnings growth at CSX
KLM, Alitalia may revive partnership
Demand for all-cargo aircraft to triple in Asia-Pacific
Winwood stays the course at Customs
Malaysia's Johore eyes wider air cargo role
Senate confirms Mineta as transport secretary
New Orleans port chief Ron Brinson to step down next year
WQIS increases coverage on oil spills WQIS announced an improvement of its water pollution liability products. Responding to requests from assureds, the brokers that represent them, and interests from the U.S. government, WQIS is increasing the available limit on certain oil spills to $10,000,000.
Increased earnings for RCCL Royal Caribbean Cruises Ltd. today announced a 16% increase in net income to $445 million in 2000
MIllennium in dry dock for motor repair Royal Caribbean's Celebrity Cruises announced yesterday that it will place its ship Millennium in dry dock for two weeks to repair an under-performing electric motor
Graham promoted to VP of Litton Ship Systems Litton Industries today announced the promotion of Dr. Clark "Corky" Graham to the newly established position of vice president, resource utilization and productivity improvement of Litton Ship Systems
Ancora un rinvio per affidare il terminal di Livorno: vicina la gara internazionale Fumata nera per Darsena toscana
Porto Marghera, varata la società per i servizi logistici alla siderurgia
E l'Italia prepara i contributi per rottamare le unità più vecchie
Entro aprile l'Imo fisserà i tempi della messa al bando delle vecchie navi cisterna a scafo singolo Petroliere, è in arrivo lo stop Parte anche il conto alla rovescia per la nuova normativa internazionale sulle ispezioni di sicurezza
Court cash blow for Cho Yang CASH-strapped Cho Yang Shipping could be forced to provide a hefty bank guarantee to the European Commission after losing a crucial court case.
Atlas Air founder killed in fighter crash Shares in the world's third largest air cargo carrier, Atlas Air, fell 12% in early trading yesterday following the death of its 48 year old founder, Michael Chowdry.
CMB lifts 'friendly' stake in Clarkson Belgian shipping company CMB has lifted its stake in Horace Clarkson, the world's largest shipping group, to almost 15%.
OOCL hopes to link up CargoSmart and Inttra HONG Kong-based liner shipping company Orient Overseas Container Line hopes to link its portal, CargoSmart, with Inttra, the portal initiative in which its Grand Alliance partner P&O Nedlloyd is a founder member.
ABP attacks planning process ASSOCIATED British Ports has issued a scathing attack on the UK's planning process and its underlying environmental legislation, which the operator said constrain crucial economic development and hamper efforts to address ecological concerns.
Espo members asked views on sector reform EUROPEAN Sea Ports Organisation's newly elected president David Whitehead plans to hold extensive consultations with members over EU plans to open up the sector.
Paal Wilson to cut stake in Actinor PAAL Wilson, 97.59% shareholder in Oslo-listed Actinor Shipping, is understood to be working on a restructuring which will reduce its shareholding to below Oslo's "negative veto" level of 33.3%.
The Alfons Hakans tug Zeus The Alfons Hakans tug Zeus, pictured alongside the salvage crane Roland, was used in a project to right the capsized feeder boxship Janra in the Baltic Aland Islands.
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