Hamburg, Antwerp chalk up robust rise in box throughput HEALTHY box growth in the first half of the year is being reported at the ports of Hamburg and Antwerp with volume gains exceeding 12 per cent while other European ports are not expected to fare as well.
Lines resist plan for pilots in Barrier Reef
RCL refinances debt facilities
China logistics ventures: 50% cap on foreign investment
Air and Land Transport
Foreign cash to accelerate Chinese airline revamp CHINA's easing of caps on foreign investment in the aviation sector last week will propel its airlines into the global jet set and give foreign carriers a bigger share of the coveted domestic market, analysts say.
Hamburg, Antwerp chalk up robust rise in box throughput HEALTHY box growth in the first half of the year is being reported at the ports of Hamburg and Antwerp with volume gains exceeding 12 per cent while other European ports are not expected to fare as well.
Lines resist plan for pilots in Barrier Reef
RCL refinances debt facilities
China logistics ventures: 50% cap on foreign investment
Air and Land Transport
Foreign cash to accelerate Chinese airline revamp CHINA's easing of caps on foreign investment in the aviation sector last week will propel its airlines into the global jet set and give foreign carriers a bigger share of the coveted domestic market, analysts say.
Taca plans rate increase The Trans-Atlantic Conference Agreement (Taca) announced a huge increase in westbound general tariff rates of $320 per 20-foot container and $400 per 40- or 45-foot container, effective Oct. 1. 2002.
Cost cuts help BA beat expectations British Airways shares were down 6 per cent, to 141 pence, in late morning trade in London, although the airline beat market forecasts by tripling operating profits in its first quarter to the end of June, from 50 million to 158 million pound.
Firework rules Rotterdam revised New Dutch Transport Minister Roelf de Boer has revised regulations for the transport of fireworks on seagoing ships which were due to take effect on 1 August. The changes follow intensive objections from critics including the Port of Rotterdam.
Hapag-Lloyd to join US struggle Hapag-Lloyd has submitted its application to join the recently announced U.S. Customs initiative, Customs-Trade Partnership Against Terrorism.
Loan for Thai RCL Group RCL group announce that its wholly-owned subsidiary, Regional Container Lines Pte Ltd, has signed a seven year loan agreement with a group of international banks led by Den norske Bank ASA and Commerz East Asia Ltd for a $110 million shipping loan facility.
Bollinger delivers advanced liftboat Liftboat design and capability has attained a new level of sophistication
First DDG-LPD swap The Navy has awarded Bath Iron Works the contract for DDG 102
BP plans massive deepwater Gulf spending The oil giant expects to spend at least $15 billion during the next ten years on exploration, development and production activities in the Gulf of Mexico
Maritrans ups dividends Lower earnings, but higher TCE's and confidence in future
RINA makes detention data available Italian class society RINA has been making strenuous efforts to improve its performance ... and its showing off the results
Highest award for Stirling jubilee effort LORD Sterling has been made a Knight Grand Cross of the Royal Victorian Order - the highest possible award in the Order and a personal gift of Her Majesty.
High freight increases to hit east-west trades SHIPPERS face hefty freight rate increases on all the major east-west routes over the coming weeks as container lines attempt to restore their prices to levels of a year ago before the liner trades went into freefall.
Indian corporations eye up Cairn Energy THREE large Indian corporations - the state-owned Oil & Natural Gas Corporation (ONGC) and Gas Authority of India Limited (GAIL), and the country's largest privately owned conglomerate Reliance Industries - have shown interest in bidding for assets owned by Cairn Energy, Europe's largest remaining independent oil and gas company.
Deves fights off 'phantom' menace D eves Insurance has warded off a claim by the buyers of a cargo of rice worth e 1.5m ($1.4m) which is said to have gone missing in a 'phantom ship' fraud.
Germany to participate in CSI U.S. Customs officials will screen U.S.-bound cargo at Hamburg and Bremerhaven.
Traxon Europe, Syntegra in accord In a deal that moves air cargo closer to standardized quality management, the global air-cargo network and systems integrator will offer combine services.
British Airways profit triples The world's largest carrier said cargo revenues held up better than passenger business in the second quarter.
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