Lines raising charges on higher cargo volumes STRONGER than expected cargo volumes have prompted a rash of hefty rate restoration announcements in the past week, as container lines attempt to restore profitability following last year's freight rate collapse.
S Korea urged to tighten cargo security
Evergreen set to order US$1.5b worth of ships
UK warship awaits calm seas for towing
Air and Land Transport
Air Canada flies back into the black in Q2 A leaner Air Canada flew back into profit after a string of losses, describing itself as the sole international airline in North America to post a profit in the second quarter.
Lines raising charges on higher cargo volumes STRONGER than expected cargo volumes have prompted a rash of hefty rate restoration announcements in the past week, as container lines attempt to restore profitability following last year's freight rate collapse.
S Korea urged to tighten cargo security
Evergreen set to order US$1.5b worth of ships
UK warship awaits calm seas for towing
Air and Land Transport
Air Canada flies back into the black in Q2 A leaner Air Canada flew back into profit after a string of losses, describing itself as the sole international airline in North America to post a profit in the second quarter.
Strong container growth Hamburg and Antwerp Hamburg and Antwerp both reported high volume gains in containers, with more than 12 and 14 per cent while other European ports are lagging behind.
Consultants happy with Railtrack mistakes Railtrack spent at least 225 illion pound on consultants and temporary staff last year - nearly 10 per cent of its total budget to run the rail network. The bill, which some claim is even 350 million, has shocked industry leaders.
PSA Singapore volume up PSA's container terminals in Singapore handled 1.48 million Teu in July 2002, the highest throughput achieved in 23 months.
Much higher load factor KLM Cargo KLM said its load factor in Juli rose from 65.1 per cent till 71.1 per cent, a huge growth.
Evergreen and Zim sign slot agreement Evergreen has signed a slot exchange agreement with Zim Israel Navigation Co, effective end of August 2002.
'Solid results' TNT Post Group The TNT Post (TPG) share was down 1.7 per cent at 17.05 euro till this afternoon after TPG announced rather results and expectations in line with market expectations.
Union blocks ANL crew switch attempt The Australian Industrial Relations Commission today granted an "interim exceptional matters order" that bars shipping company ANL Australia from sacking the crew or selling the ship, OOCL Australia, berthed in Taiwan.
Response joins Crowley fleet North Puget Sound waters are now getting increased protection with deployment of the latest tug to join Crowley's ship assist and escort services group.
NASSCO, TOTE christen trailership National Steel and Shipbuilding Company (NASSCO) and Totem Ocean Trailer Express, Inc. (TOTE) have christened the M. V. Midnight Sun, the first commercial dry cargo vessel to be built in the United States in 10 years.
More Bingo blues for Ocean Rig Ocean Rig has announced a delay in delivery of its second Bingo rig Eirik Raude plus added costs
Mystery over death in cruiseship cell A MAN has died on board a Royal Caribbean Cruise Line in circumstances that are yet to be fully clarified, writes David Osler.
Taipei to sell Yang Ming stake The Taiwan government has signaled its intention to sell its 43% stake in Yang Ming as part of an on-going privatisation of Taiwanese state companies.
Chen's remarks inflame tension AFTER a prolonged period of thawing in cross-strait relations between Taiwan and mainland China, outspoken remarks made by Taiwanese president Chen Shui-bian at the weekend are likely to cool moves to closer co-operation and anger many of the island's shipping tycoons, writes Sam Chambers in Hong Kong
South Korea ready to join in US terror battle SOUTH Korea is ready to sign an agreement to accept US Customs officials and purchase state-of-the art container scanning equipment despite concerns voiced by the local shipping industry, according to an official of the Ministry of Maritime Affairs and Fisheries.
UK shippers want rates to include security UK shippers want the extra costs of container security to be incorporated into freight rates rather than levied as a surcharge.
Lloyd's List Focus- Maritime security under the spotlight LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.
Ports get $125M for security The 2002 supplemental appropriations bill for homeland security had good news for ports and bad news for U.S. shipyards.
Chang to lead Evergreen America Marcel Chang has been named chairman of Evergreen America Corp., replacing Owen Wu, who resigned for personal reasons.
KLM cargo up in July Air freight continued its rebound as KLM Royal Dutch Airlines said volume jumped 7 percent in July with traffic on the North Atlantic route almost back to 2001 levels.
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