MOL expects business to recover in second half JAPAN's Mitsui OSK Lines has predicted a 'significant recovery' in its business performance in the second half of 2002 on the back of cost cutting, improved container freight rates and more favourable market conditions.
M'sia asked to consider options other than CSI
Shanghai port set to be among top 4
Samsung yard wins US$714m of orders
Air and Land Transport
US airlines call for tax relief to avert more bankruptcies TWO days after United Airlines filed the biggest bankruptcy petition in aviation history, the chairman of Delta Air Lines said on Wednesday that US airlines desperately need extensive tax relief to avoid more bankruptcies or possible collapses.
Open skies pact could aid Qantas-Air NZ tie-up
Australian carriers baulk at paying A$180m security costs
MOL expects business to recover in second half JAPAN's Mitsui OSK Lines has predicted a 'significant recovery' in its business performance in the second half of 2002 on the back of cost cutting, improved container freight rates and more favourable market conditions.
M'sia asked to consider options other than CSI
Shanghai port set to be among top 4
Samsung yard wins US$714m of orders
Air and Land Transport
US airlines call for tax relief to avert more bankruptcies TWO days after United Airlines filed the biggest bankruptcy petition in aviation history, the chairman of Delta Air Lines said on Wednesday that US airlines desperately need extensive tax relief to avoid more bankruptcies or possible collapses.
Open skies pact could aid Qantas-Air NZ tie-up
Australian carriers baulk at paying A$180m security costs
Suspension to hit Russian road freight Big delays to road freight across Russia's borders from Christmas Eve this year are expected following this week's decision by the International Road Transport Union (IRU) to exclude the country from the express TIR cross-border trucking system.
CSX: new directors; declaration Snow CSX Corporation announced the election of David M. Ratcliffe and Donald J. Shepard to its board of directors. John snow, to become Finance minister, made a declaration
Geest North Sea Line to introduce two ships Wout Pronk, Managing Director of European shortsea and intermodal specialist Geest North Sea Line, has revealed his company's plans to introduce two 804TEU vessels into service in the course of 2004.
United names new executive vice president United Airlines named Doug Hacker its executive vice president for strategy Wednesday, calling the move part of a new leadership structure to help see the world's No. 2 carrier though Chapter 11 bankruptcy proceedings.
United, unions tackle cuts United Airlines and its union leaders will start today trying to hash out an accord on labor cost savings the giant carrier needs to survive bankruptcy.
UPS starts SMS tracking in Asia UPS launched a Short Message Service (SMS) Tracking Service in nine Asian countries to help customers track package deliveries via mobile telephone.
Sinotrans plans public offering China National Foreign Trade Transportation (Group) Corp., or Sinotrans, will have at least two strategic investors with seats on its board, at the time of its initial public offering next year, sources close to the deal said Thursday. The largest logistics company in China hopes to raise between $350 million and $500 million.
Open skies may help Qantas-NZ Australia's competition watchdog said today it would be more receptive to a proposed alliance between Qantas and Air New Zealand if the Australian government signed an open skies pact with Singapore.
Rescue under way as old fuel oil tanker grounds in Klaipeda ANOTHER old single-hulled tanker has run into trouble while laden with fuel oil, this time at the Lithuanian port of Klaipeda, writes David Osler.
Japan loses out in bid to trim bulker safety regulations AN 11th hour intervention by Japan's delegation to the IMO opposing one section of proposed new regulations on bulker safety was crushed at yesterday's meeting of the Maritime Safety Committee, writes Hugh O'Mahony.
Capacity at Lloyd's hits all time high of £14.25bn LLOYD'S has defied insurance pessimists by announcing market capacity of £14.25bn ($22.37bn) for 2003 - the biggest in the market's 315 year history.
Chavez says he is winning oil war PRESIDENT Hugo Chavez yesterday claimed to be winning his battle against the 'pirates' who have bought oil exports in the world's fifth largest oil producer to a standstill.
Shipowners unite against Spain, France and Portugal THE shipping industry rounded on Spain, France and Portugal late yesterday, condemning the countries for their continuing contravention of the Law of the Sea Convention in the aftermath of the Prestige incident.
West Coast contract goes to union vote after approval by ILWU caucus Representatives of International Longshore and Warehouse Union locals voted overwhelmingly Thursday to recommend that its membership approve the tentative contract reached last month with waterfront employers.
Chile, U.S. sign trade accord The agreement is the first since Congress gave President Bush trade promotion authority earlier this year.
MSC shuffles multi-trade services The world's second-largest container carrier will restructure some of its southern hemisphere services and add a direct Europe/Australia/New Zealand service.
MSC va aligner 14 PC dans un service direct sur l’Australie/Nouvelle-Zélande Entre la mi- et la fin janvier, l’armement MSC (Mediterranean Shipping Company) va lancer un nouveau service avec une flotrte de quatorze porte-containers d’une capacité de 2.300 à 2.400 TEU. Au départ de l’Europe du Nord, ce service desservira la Méditerranée, les îles de l’océan Indien, l’Australie et la Nouvelle-Zélande, avec retour via l’Asie du Sud-Est. Ce nouveau service se substituera à l’actuel service que MSC assure au départ d’Europe du Nord vers l’Afrique du Sud avec prolongation sur l’Australie. La congestion en Afrique du Sud, plus précisément à Durban, implique des retards que l’armement ne peut plus supporter. L’Afrique du Sud fera donc l’objet d’une desserte directe séparée.
Hoverspeed quitterait le port d’Ostende On a appris au cours d’une rencontre du conseil d’entreprise de Hoverspeed à Ostende que l’armement allait mettre un terme à sa liaison entre Ostende et Douvres. Suite à cette décision, près de 200 personnes perdront leur emploi.
Grimaud Logistique placé en redressement judiciaire La société française de messagerie Grimaud Logistique a déposé lundi son bilan auprès du tribunal de grande instance de Bressuire (Deux-Sèvres). Avant-hier mercredi, les magistrats du tribunal ont accepté de placer la société en redressement judiciaire pour une période de six mois. Ces événements interviennent moins de deux ans après un premier dépôt de bilan et la reprise de la plupart des activités de la société familiale par le groupe belge Ziegler. Ce dernier n’avait apparemment pas réussi à récupérer l’ensemble de la clientèle de Grimaud.
PSA veut combler son retard en matière d’internationalisation “Avec la reprise à hauteur de 80% de Hesse Noord Natie, nous sommes, outre les activités de transbordement de containers, également impliqués dans le domaine du conventionnel/breakbulk. Ce dernier secteur fait toujours l’objet d’études, afin de déterminer ses potentialités et ses perspectives. Toutefois, nous ne sommes pas seuls sur ce théâtre opérationnel, et nous n’avons pas encore élaboré les réponses adéquates.” Telle est la réponse donnée par Peter Ong, COO de HNN, qui occupait récemment la tribune du Propeller Club à Anvers, à notre question relative à la manière dont il concevait la relance du conventionnel/breakbulk dans le port scaldien.
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