Container arm drags P&O into 44m loss at half time UK-based shipping and transport giant P&O announced yesterday a first-half loss of 44 million , compared with a 90 million profit over the same period last year, dragged down by its half interest in P&O Nedlloyd.
Box volumes at Melbourne port hit record high
Ferry crew to face misdemeanour charges
US detains Senator ship
MPA on bunkers
US antitrust staff recommend approval for cruise line mergers
P&O Princess sues AIG over Sept 11 claim
Air and Land Transport
Boeing delaying 500 jet deliveries BOEING is to reschedule deliveries of 500 jetliners - more than a year's worth of production - since the Sept 11 attacks sent many of its airline customers into a tailspin.
US invasion threat casts new cloud over airline recovery
US may require airlines to pay US$750m a year for security
Embraer, AVIC II in tie-up to build 50-seat jets in China
Container arm drags P&O into 44m loss at half time UK-based shipping and transport giant P&O announced yesterday a first-half loss of 44 million , compared with a 90 million profit over the same period last year, dragged down by its half interest in P&O Nedlloyd.
Box volumes at Melbourne port hit record high
Ferry crew to face misdemeanour charges
US detains Senator ship
MPA on bunkers
US antitrust staff recommend approval for cruise line mergers
P&O Princess sues AIG over Sept 11 claim
Air and Land Transport
Boeing delaying 500 jet deliveries BOEING is to reschedule deliveries of 500 jetliners - more than a year's worth of production - since the Sept 11 attacks sent many of its airline customers into a tailspin.
US invasion threat casts new cloud over airline recovery
US may require airlines to pay US$750m a year for security
Embraer, AVIC II in tie-up to build 50-seat jets in China
P&O suffers from P&O Nedlloyd British transport and property group P&O reported an interim loss, largely due to P&O Nedlloyd losses. P&O wants to get rid of the joint venture.
China Southern has second 747-400F Freighter China Southern Airlines took delivery of its second 747-400 freighter from Boeing.
Dragonair objects to Cathay's bid Hong Kong's Dragonair filed a formal objection with the government over Cathay Pacific's bid to resume services to China, the South China Morning Post reported.
Overflow from China boosts Hong Kong traffic Hong Kong ports appear to have recovered in the second quarter of 2002.
Radiation probe of suspect box ship continues MSNBC.com is reporting that U.S. Special Operations forces today joined members of the Energy Department's NEST (Nuclear Emergency Search Team) in searching the containership Palermo Senator.
Pacific Carriers clinches bumper panamax deal PACIFIC Carriers is taking 10 Japanese panamax bulker newbuildings on long-term charters and has confirmed an option of a panamax product tanker from Samsung. The Singapore company confirmed broker reports that it had done a deal to charter the 10 vessels for seven years from a number of smaller Japanese owners.
Multimillion WTC lawsuits filed against New York Port WITH exquisite timing, the Port Authority of New York and New Jersey has been hit by a wave of September 11-related lawsuits as companies and individuals rushed to beat a one-year legal deadline, writes John McLaughlin in New York.
Hint of US green light for rival bids boosts P&O Princess shares SHARES of P&O Princess showed a further turn of speed yesterday following reports that anti-trust staff at the US Federal Trade Commission have recommended that merger proposals from Carnival and Royal Caribbean Cruises should both be allowed to proceed.
September 11: One year on TO COMMEMORATE the first anniversary of the terror attacks on New York and Washington, Lloyd's List will be running a series of articles throughout this week examining how our readers have been affected, and how they will continue to change in this new landscape.
Containers sink P&O results The British transport and ports group swung to a pre-tax loss of £44.2 million ($68.95 million) for the first six months of the year on a steep loss at P&O Nedlloyd Container Line.
NYK Line acquires Ceres Terminals The agreement vaults the Japanese liner and logistics company to the top ranks of the world's box handlers.
Imports spur Long Beach record Record peak-season imports helped drive container cargo to an all-time monthly high at the Port of Long Beach.
Katoen Natie reprend le groupe logistique canadien Guilbault Le groupe logistique anversois Katoen Natie (KN) a repris le groupe familial canadien Guilbault. Le montant de la transaction n’a pas été communiqué. Selon le président Fernand Huts, l’entreprise est “le Katoennatie du Canada”, le numéro un du marché logistique pour l’industrie pétrochimique et un acteur important du segment des articles de consommation au Canada. Dans le cadre de la stratégie de KN dans la région ALENA, le président Huts a annoncé le lancement de la troisième phase du Houston Polymers Terminal, un investissement de 100 mio. d’EUR dans ce qui doit devenir le plus vaste complexe logistique des Etats-Unis.
VW a abandonné son projet dans le camion en Europe Bernd Wiedemann, le patron de la division Nutzfahrzeuge de Volkswagen, a déclaré à Reuters en marge de l’IAA à Hanovre qu’il entendait doubler le chiffre d’affaires et le bénéfice de la branche “camions” dans les six ans à venir. Cet objectif ne sera toutefois pas réalisé via le développement d’activités camion en Europe, mais bien au Brésil. Nous avons en effet appris au cours d’un entretien exclusif avec Daniël Coppens, directeur “ventes et marketing” de VW Nfz, que le projet d’entrée sur le marché européen du camion a été abandonné.
Anvers renforce sa position de port d’entreposage de café Le port d’Anvers, tout comme ceux de Brême et Hambourg, ont été reconnu officiellement par le New York Board of Trade comme port de livraison pour le café Arabica. Le port scaldien renforce donc de la sorte sa position de plus grand port d’entreposage de café en Europe - où l’on trouve jusqu’à 4 mio. de sacs entreposés dans des magasins adaptés. La nouvelle a été annoncée par l’échevin du port, Leo Delwaide, et le président de l’Office belge du café, Patrick Installé, à l’occasion de la visite du port scaldien par Nestor Osorio Londoño, patron de l’International Coffee Organisation. Anvers est reconnu depuis le milieu des années 80 par le marché à terme de Londres pour le café Robusta.
La Rhénanie-Westphalie veut un engagement des Pays-Bas sur le Rhin d’Acier “Nous nous sommes engagés à aménager une troisième voie entre Emmerich et Oberhausen dans le cadre de la ligne de la Betuwe, ce qui améliorera sensiblement les perspectives de rentabilité de cette ligne ferroviaire. Il s’agit également d’un signal au gouvernement néerlandais que nous désirons réaliser le développement du réseau de transport en concertation, même quand il s’agit d’autres projets comme le Rhin d’Acier... C’est pourquoi nous attendons un signal positif de nos voisins néerlandais en ce qui concerne le Rhin d’Acier, la liaison ferroviaire entre Duisbourg et Anvers.”C’est ce qu’a déclaré le ministre-président Wolfgang Clement de l’Etat fédéré allemand de Rhénanie-Westphalie dans son discours à l’occasion de l’inauguration officielle du nouveau terminal à containers trimodal DIT à Duisbourg. Clement a souligné que la réactivation du Rhin d’Acier améliorera sensiblement la compétitivité du port de Duisbourg et permettra au port rhénan de renforcer son rayonnement international.
The World secures cabotage waiver Ship residents may embark and disembark at all US ports.
Lakers making up for slow start The total dry-bulk cargo transported in August rose 6% from one year ago.
Senator Lines to pay demurrage charges Demurrage charges for Palermo Senator are put at $20,000-25,000 per day.
WBC seeks new horizons Norwegian handymax chief Tonny Thorsen sizes up diversification.
Grenade blast hits WG&A office More than one grenade exploded near shipping office in southern Philippines.
Anangel boost for Coeclerici John Angelicoussis takes a swim in Italian capesize pool.
Burning ro-ro runs aground on South African coast Dire weather forces drifting and abandoned Italian ship ashore at Cape St Lucia.
US authorities still searching Senator containership USCG, FBI and energy department officials are going through 655 containers onboard Palermo Senator.
Ebsworth bites at rival Top Australian marine lawyer Drew James sets sail from Norton White.
Ballast Nedam bails out Dutch group ready to sell stake in dredging giant Ballast Ham.
Lightering continues aboard grounded Sea Mariner Salvage team working toward refloating Interorient tanker stuck on sand off Copenhagen.
Losses widen at Russia's Fesco Far Eastern Shipping Co's new boss Yevgeny Ambrosov has to halt the owner's slide in 2002.
Groupe Bourbon boosts interim earnings French bulker and offshore player enjoyed soaring net profit in the first half.
Container woes batter P&O UK group's ports making money, but share of P&O Nedlloyd costing it dearly.
NYK buys Ceres Terminals Japanese Line becomes one of the world's top container handlers.
Two men missing after tanker explosion off China Eight more crew seriously injured after small ship runs aground off Guangdong province.
District inks PSV deal with Kerr McGee Norwegian offshore operator orders new tonnage on back of charter with US energy company.
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