Underwriters blamed for war surcharge row SOME marine underwriters are being 'difficult' by resisting calls by the Joint War Risks Committee of international underwriters to withdraw additional war risk premiums for vessel calls at Colombo, said a senior Sri Lanka Ports Authority official.
S'pore port, PSA bag best in Asia awards
Chuan Hup unit wins boat deal
Air and Land Transport
KAL, Delta Air set to expand marketing pact KOREAN Air and Delta Air Lines plan to expand their alliance after jointly applying to US authorities for anti-trust immunity, KAL said yesterday.
Sydney Airports' profit tripled to A$44m in H1
Hooligans beware 'Sky Guards' during World Cup
Express rail to link Vienna's city to airport on the way
Underwriters blamed for war surcharge row SOME marine underwriters are being 'difficult' by resisting calls by the Joint War Risks Committee of international underwriters to withdraw additional war risk premiums for vessel calls at Colombo, said a senior Sri Lanka Ports Authority official.
S'pore port, PSA bag best in Asia awards
Chuan Hup unit wins boat deal
Air and Land Transport
KAL, Delta Air set to expand marketing pact KOREAN Air and Delta Air Lines plan to expand their alliance after jointly applying to US authorities for anti-trust immunity, KAL said yesterday.
Sydney Airports' profit tripled to A$44m in H1
Hooligans beware 'Sky Guards' during World Cup
Express rail to link Vienna's city to airport on the way
Alstom rethinks ship financing role As part of a "restore value" plan , Alstom says it will progressively eliminate all vendor-financing of shipbuilding contracts.
FGH to reorganize offshore and Halter components Friede Goldman Halter, Inc. yesterday announced its decision to file a joint plan to reorganize Friede Goldman Offshore (FGO) and Halter Marine, Inc. (HMI) under Chapter 11 of the Bankruptcy code.
New floating dock at work in Thailand Unithai Shipyard and Engineering Ltd., a member of the Thailand's Unithai Group has commissioned its second floating dry dock
Forest products carriers join forces Leif Höegh & Co Shipping AS (LHS) and Saga Forest Carriers will join forces as from May 1, 2002 within the worldwide open hatch shipping segment.
BV sorts out box ship shafting problem Classification society Bureau Veritas has provided specialist expertise to help Korea's Hyundai Heavy Industries resolve propeller shaft problems on a series of 7,200 TEU mega containerships
Spanish minister sees clear skies ahead for Galileo SPAIN's minister for internal development, Francisco Alvarez-Cascos, has given a clear indication of a likely breakthrough in the diplomatic wrangling that has blocked development of the Galileo satellite program.
Gard licks London for Evergreen hull cover NORWAY has trumped the London marine insurance market by grabbing much of the hull and machinery cover for around 100 ships in one of the world's biggest and most prestigious fleets, Evergreen.
Japanese owners find ESP wanting JAPANESE owners have called for further research on maintenance and corrosion prevention on bulk carriers and suggested that the present Enhanced Survey Programme is a flawed method of judging the condition of a ship.
Alstom ups cruise debt provisions TRANSPORT and energy equipment group, Alstom, announced yesterday that it was lifting to E 200m ($175m) its provisions for risks associated with supplier credits provided for vessels built by its shipbuilding subsidiary, Chantiers de l'Atlantique, writes Andrew Spurrier in Paris.
Modest container ship rate recovery But there are questions as to whether the upturn is sustainable in a depressed market, a U.S. charter broker said. ' Evergreen: New service to South America
Industry, Coast Guard offer mixed messages at House security hearing The key to preventing box tampering by terrorists continues to be elusive, a House transportation subcommittee found.
At NCBFAA meeting Bonner: Customs, brokers in agreement to target box shipments The agency and the trade group will work together to pre-screen shipments before they leave foreign ports.
Friede Goldman Halter to reorganize
Höegh, Saga in forest products consolidation
U.S. Marine Repair files for IPO
USDA launches online export directory
Cargo volume slides at NY area airports
KLM resumes shipments of valuable cargo at Johannesburg
ICTSI hits Brazil labor snag
French police will try to restart Chunnel box traffic
Air cargo alliance rebrands, expands shared products
Sri Lanka accuses carriers of ignoring insurers' decision
Le bénéfice net d’Exel enregistre une forte hausse Le groupe d’expédition et de logistique Exel a vu progresser l’an dernier son bénéfice à 98,7 millions d’USD, contre 28,2 mio. d’USD un an plus tôt. Exel explique cette forte croissance du bénéfice par le grand nombre de nouveaux contrats qu’il a réussi à conclure. L’entreprise britannique a l’intention d’agrandir cette année encore son marché en matière de logistique de contrat.
New Global Cargo lance un produit unifié pour le ‘general cargo’ New Global Cargo, l’alliance des divisions fret de Lufthansa, SAS et Singapore Airlines, va lancer un produit ‘general cargo’ commun sous le dénominateur Seamless General Cargo le 1er avril prochain. Le nouveau nom de marque de NGC, à savoir “WOW”, sera par la même occasion introduit.
Veut-on la mort du trafic fret via le tunnel sous la Manche? “La France, la Grande-Bretagne et l’Union européenne dans son ensemble se sont prononcées en faveur des modes de transport durables alternatifs au transport tout route, parmi lesquels le transport combiné rail/route. Or, si rien n’est fait au plus vite, c’est tout le trafic ferroviaire (fret) à travers le tunnel sous la Manche qui est menacé et le transport combiné rail/route n’existera plus sur cet axe.” La SNCF a fait savoir hier jeudi à EWS que tous les services sont suspendus jusqu’à nouvel ordre...
Belfast shipyard may face closure Financially troubled Harland and Wolff sent a restructuring proposal to the British government Thursday.
AAPA appeals for funds The US port security grants allocated by the government are grossly insufficient.
Hoegh signs with Saga Forest products consolidation takes a step forward as fleets merge.
Charles Taylor tunes into ports Wavelength offers $100m insurance deal to ports and terminals.
FGH to lift Halter Marine from bankruptcy Friede Goldman Halter will file an internal reorganisation plan for its marine and offshore segments.
Alstom plans rights issue End to yard financing targeted after Renaissance cruise debt disaster.
Draxl rapped over near miss German boxship manager criticised by UK for not having proper lookout off Cornwall.
Stena gets rating boost The stable credit rating is supported by Stena Line's robust performance.
Varna interest lines up Receivers for Bulgarian yard detail parties but say only two are serious bidders.
Boluda moves for former Cammell yard Unions claim Spanish shipping group has launched an official takeover bid for French shiprepairer CMR.
Wyser-Pratte fights HDW share sale Investor Guy Wyser-Pratte wants Babcock Borsig to allow shareholders to vote on sale of 25% of German yard.
DFDS sells passengership Danish owner presses ahead with fleet renewal efforts but delays on new Polish route start up.
Szczecin extends talks with bankers Crisis deepens at Polish yard teetering on the edge of bankruptcy as workers laid off for third week.
Winter of discontent for Irish Continental Ferry group realigns tax year with 14-month results, but weak November-December cuts profit to below 12-month level.
EMAS Offshore hints at fresh growth Expanding Singapore operator eyes further tonnage.
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