Keppel Fels, Jurong Shipyard in tie-ups with Brazilian firms TWO Singapore shipyards - Keppel Fels and Jurong Shipyard - opened joint-venture shipyards outside the Brazilian metropolis of Rio De Janeiro earlier this week.
China Shipping sets up Shanghai terminal arm
General Dynamics to buy Newport News for US$2.1b
P&O expects earnings to remain unchanged
Air and Land Transport
Asia-Pacific air traffic forecast to double by 2014 AIR traffic within the Asia-Pacific region will double by 2014 and many airports will struggle to cope, according to a new report released by the Air Transport Action Group yesterday.
Boeing expects first orders for sonic cruiseras early as next year
Ailing AOM, Air Liberte get two-month lifeline
Delays at 8 airports boost US congestion
SIA orders Learjets for pilot training
Features
Look to Australia for model TANKER owners meeting in Sydney have been told to look to Australia for a model of standards in training and licensing of marine pilots that can be adopted throughout the world.
Keppel Fels, Jurong Shipyard in tie-ups with Brazilian firms TWO Singapore shipyards - Keppel Fels and Jurong Shipyard - opened joint-venture shipyards outside the Brazilian metropolis of Rio De Janeiro earlier this week.
China Shipping sets up Shanghai terminal arm
General Dynamics to buy Newport News for US$2.1b
P&O expects earnings to remain unchanged
Air and Land Transport
Asia-Pacific air traffic forecast to double by 2014 AIR traffic within the Asia-Pacific region will double by 2014 and many airports will struggle to cope, according to a new report released by the Air Transport Action Group yesterday.
Boeing expects first orders for sonic cruiseras early as next year
Ailing AOM, Air Liberte get two-month lifeline
Delays at 8 airports boost US congestion
SIA orders Learjets for pilot training
Features
Look to Australia for model TANKER owners meeting in Sydney have been told to look to Australia for a model of standards in training and licensing of marine pilots that can be adopted throughout the world.
Keppel Fels, Jurong Shipyard in tie-ups with Brazilian firms TWO Singapore shipyards - Keppel Fels and Jurong Shipyard - opened joint-venture shipyards outside the Brazilian metropolis of Rio De Janeiro earlier this week.
China Shipping sets up Shanghai terminal arm
General Dynamics to buy Newport News for US$2.1b
P&O expects earnings to remain unchanged
Air and Land Transport
Asia-Pacific air traffic forecast to double by 2014 AIR traffic within the Asia-Pacific region will double by 2014 and many airports will struggle to cope, according to a new report released by the Air Transport Action Group yesterday.
Boeing expects first orders for sonic cruiseras early as next year
Ailing AOM, Air Liberte get two-month lifeline
Delays at 8 airports boost US congestion
SIA orders Learjets for pilot training
Features
Look to Australia for model TANKER owners meeting in Sydney have been told to look to Australia for a model of standards in training and licensing of marine pilots that can be adopted throughout the world.
Cho Yang pulls ships from alliance Korean carrier acknowledges that it's pulling ships from United Alliance, but says it will continue to charter space from Hanjin and Senator Lines.
CLM answers Pentagon's call Council of Logistics Management agrees to help Defense Department shore up its supply chain.
SAirGroup restructures cargo operations Company, seeking to allay shippers' fears, renews commitment to freight in wake of investment debacles.
WTSA imposes hazmat surcharge The discussion group representing 13 carriers in the U.S.-to-Asia trade has agreed to charge $100 per FEU and $80 per TEU for hazardous cargo.
Senate debate on Export Administration Act delayed
Union Pacific earnings dip
UPS, Postal Service enter joint venture
Shareholders have 5 good choices, CP says
Starlight Express launches Houston-Latin America service
GD to acquire Newport News General Dynamics has signed a definitive agreement to acquire Newport News Shipbuilding
More ripples from FGH filing Pasha Hawaii Transport Lines LLC (PHTL) said yesterday that Friede Goldman Halter's Chapter 11 filing would have minimal impact on the construction of PHTL's new Jones Act Ro-Ro vessel
Mosvold reacts to Frontline bid Mosvold says that on the basis of valuations of its vessels by independent shipbrokers it estimates the net asset value per share to be materially higher than a Frontline offer.
Cho Yang hung out to dry by United Alliance Crisis-torn Cho Yang Shipping was forced out of the United Alliance yesterday as partner lines responded to customer pressure to stop co-operating with a carrier thought to be on the brink of colla...
Alafouzos back in control of Ermis fleet GREEK shipowner John Alafouzos has won back full control of the tanker fleet managed by his Athens operation Ermis Maritime after a $60m buy-back of seven ships that have been trading for bondholde...
Single-hulls crunch time as IMO gropes for deal AN 11th hour compromise looked likely to be announced on the phase-out schedule for single hull tankers at the IMO today, following moves to defuse a surprise campaign to derail the process at Mond...
APL Logistics fait sa première acquisition en Europe APL Logistics, une filiale du groupe singapourien NOL, a pris le contrôle de la société hambourgeoise Mare Logistik & Spedition GmbH. L’achat porte sur 51% des actions, le solde devant être acheté dans les cinq ans à venir, en fonction d’un processus “earn out”. Contrairement à ce que laisse entendre le communiqué de presse, les entreprises-soeurs Eurogate Distribution GmbH et Jeschke Spedition GmbH, ne sont pas impliquées dans la vente. Selon un porte-parole, APL Logistics est à la recherche d’autres acquisitions en Europe, les pays ciblés étant le Benelux, le Royaume-Uni, la France et le pourtour méditerranéen.
CMA CGM a atteint la dimension d’un mega-carrier La France peut se targuer d’être présente sur la scène du liner mondial avec un mega-carrier, car telle est effectivement la dimension acquise par son armement CMA CGM, qui figure désormais dans le peloton de tête des grands du secteurs et dont les résultats de l’exercice 2000 atteignent des records. Lors de la réunion annuelle des conseils de direction du Holding CMA CGM et de CMA CGM S.A., les résultats officiels de l’exercice ont été présentés: chiffre d’affaires de 13,2 milliards de FRF (+39%), multiplication par deux du bénéfice opérationnel du holding à 795 millions de FRF, et progression du résultat net à 702,4 mio. de FRF, contre 311,9 mio. pour l’exercice 1999.
Les entreprises ne croient guère aux synergies entre ports Le secteur privé de l’Eurégion de l’Embouchure de l’Escaut ne croit pas que dans le contexte actuel, il existe un fort potentiel de synergies entre les cinq zones portuaires - Gand, Ostende, Zeebrugge, Terneuzen et Flessingue* - situées dans cette région. Leur attitude contraste avec les plaidoyers tenus par les administrations portuaires à ce sujet. Les entreprises estiment qu’à plus long terme - vingt ou trente ans - la région évoluera bien vers une seule région portuaire avec - éventuellement - une seule administration portuaire, mais à court terme, elles voient mal comment pourrait se réaliser un rapprochement réel entre les ports ou même une coordination entre les différents projets et stratégies de ceux-ci.
DHL met en service le premier Boeing 757 SF En octobre 1999, DHL s’est engagé à remplacer sa flotte de Boeing 727 par des 757SF, plus respectueux de l’environnement. A peine 17 mois plus tard, le premier des 44 nouveaux appareils de ce type est livré. Les autres suivront progressivement, de sorte que toute la flotte de Boeing de DHL sera renouvelée pour 2004.
MOL looks to establish green credentials Japanese shipping giant has adopted a new environmental management system.
Delist date set for Daewoo Heavy Korea Stock Exchange says the company will delist in May, five months ahead of schedule.
New Florida terminal aims to rake in $200m An expected significant increase in steamship traffic flow would contribute to the new income estimate.
Grand Bahama shipyard gets new operator The yard has completed repair works on more than 30 ships since its startup in September 2000.
Greek reefer owner seeks exit Enterprises Shipholding Corporation will default interest payment on its senior notes due in May.
Teekay closer to Ugland Nordic delisting Teekay raises stake in UNS to 97.87% after buyout of Rasmussen shareholding.
Navion shakes hands with Izar Cancellation of much delayed shuttle tanker rescinded.
Cho Yang out of United Alliance Troubled South Korean line loses right to operate seven ships in liner consortium.
Newport News shrugs off antitrust concerns The US Navy would examine the impact of the $2.1bn buyout on the nation's private shipbuilding industry.
Babcock and ThyssenKrupp swap shares German shipbuilders have taken the first steps on the road to a pan-European alliance.
Croatia to settle Fredriksen shipyard debt The Croatian government is paying John Fredriksen's Ali Shipping following the non-delivery of a tanker.
P&O Princess hits rough water First quarter results of newly demerged cruise line sink 60%.
ABS revenue 18% up US classification chief, Frank Iarossi, warns societies becoming scapegoats.
India paves the way for fleet expansion Indian owners are celebrating the scrapping of a 5% import duty on ships and could soon hit the acquisition trail.
Port takeover cleared Government gives Heysham port deal green light.
General strike hits all Greek ports Many cargo ships escape dispute by sailing before walk-out.
OOCL doubles up at Samsung Hong Kong owner exercises options for two 7,400-TEU containerships.
Lukoil bids for SPaP The Russian oil giant's tanker arm wants to buy the Slovakian shipping company.
Naif Marine slashes fares to Iraq The UAE ferry service is reducing prices until June to compete with overland routes into Iraq.
APL Logistics in European acquisition NOL's supply chain management arm is adding to its US purchase.
Teekay sees stellar start to 2001 Aframax giant sees first quarter profits leap to $144m as demand continues to outstrip supply.
Debt-to-equity ratios jump at Korean lines Poor currency management adds to debt woes of shipping companies.
First quarter profits up at Newport News US shipbuilder lifted by 12% increase in revenue from construction section.
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