Hutchison sells stakes in 4 HK, mainland terminals HUTCHISON Whampoa has been quietly selling off stakes in four of its Hong Kong and mainland Chinese container terminals, fuelling speculation that it may have done so in order to appease Beijing's concern over its mainland port dominance.
Sri Lanka's trade hard hit by war risk surcharges
Air and Land Transport
Death toll rises to 119, flight captain alive THE South Korean Cabinet has ordered thorough checks of air, land and sea transport safety as well as medical centres so the 'World Cup and other imminent international events can be carried out without a hitch'.
US airlines fail in bid to raise leisure fares
Emirates seeks more flights from Manila
Port Authority of NY has recovered from Sept 11: Moody's
Air France aims for operating profit this year
Log Book
Features
Planes left high and dry AAUS Airways Boeing 737 glides across the California desert sky before making its final approach and landing at the sprawling Mojave Airport in a remote area about 160 km north of Los Angeles.
Hutchison sells stakes in 4 HK, mainland terminals HUTCHISON Whampoa has been quietly selling off stakes in four of its Hong Kong and mainland Chinese container terminals, fuelling speculation that it may have done so in order to appease Beijing's concern over its mainland port dominance.
Sri Lanka's trade hard hit by war risk surcharges
Air and Land Transport
Death toll rises to 119, flight captain alive THE South Korean Cabinet has ordered thorough checks of air, land and sea transport safety as well as medical centres so the 'World Cup and other imminent international events can be carried out without a hitch'.
US airlines fail in bid to raise leisure fares
Emirates seeks more flights from Manila
Port Authority of NY has recovered from Sept 11: Moody's
Air France aims for operating profit this year
Log Book
Features
Planes left high and dry AAUS Airways Boeing 737 glides across the California desert sky before making its final approach and landing at the sprawling Mojave Airport in a remote area about 160 km north of Los Angeles.
Hutchison sells stakes in 4 HK, mainland terminals HUTCHISON Whampoa has been quietly selling off stakes in four of its Hong Kong and mainland Chinese container terminals, fuelling speculation that it may have done so in order to appease Beijing's concern over its mainland port dominance.
Sri Lanka's trade hard hit by war risk surcharges
Air and Land Transport
Death toll rises to 119, flight captain alive THE South Korean Cabinet has ordered thorough checks of air, land and sea transport safety as well as medical centres so the 'World Cup and other imminent international events can be carried out without a hitch'.
US airlines fail in bid to raise leisure fares
Emirates seeks more flights from Manila
Port Authority of NY has recovered from Sept 11: Moody's
Air France aims for operating profit this year
Log Book
Features
Planes left high and dry AAUS Airways Boeing 737 glides across the California desert sky before making its final approach and landing at the sprawling Mojave Airport in a remote area about 160 km north of Los Angeles.
Transpacific vessel capacity resumes growth Total vessel capacity supply by ocean carriers on the transpacific trade has started increasing again, according to a report released this week by ComPair Data, a global ocean shipping research and information technology firm.
Airfreight rates declined in first quarter According to investment bank Salomon Smith Barney the biggest drop was on the eastbound trans-Pacific, where rates were down 6.2 per cent, Westbound rates were off 5.3 per cent.
Little profit Continental in March Continental Airlines made a pre-tax profit of $25m in March, the airline's first profitable month since the September 11 terrorist attacks.
EU may ease Russia jet ban The European Union may soften its ban on noisy Russian jets after Moscow threatened restrictions on EU airlines.
Elite International customer of Inttra Inttra announced that Elite International Transportation Inc. (www.eliteint.com) has joined its global logistics network.
Iberia up after loss reduction Shares of Iberia rose almost 7 per cent after the Spanish carrier reported a large reduction in operating losses for the first quarter as capacity cuts coupled with rising demand lifted its occupancy rate to 69.8 per cent.
Torch Offshore takes delivery of Midnight Express Torch Offshore, Inc. has completed the purchase of the Smit Express from Smit International
Statoil takes stake in new deepwater technology Norway's Statoil has taken a 12 per cent holding in Atlantis, a Norwegian company with a patented technology for deepwater drilling and production
Canal Boats launches its fourth Canal Boats. Inc., Ft Lauderdale, Fla., has launched the Michele, a hybrid-electric small ferry utilizing a steerable drive system able to run on batteries or on power from a biodiesel-fueled generato
Italian transport grinds to a halt as workers back strike ITALY'S transport system stood still for eight hours yesterday as workers gave support in large numbers to the country's first general strike in two decades.
Hutchison sells stake to mystery investors HUTCHISON Port Holdings has surprised the shipping market by selling a percentage of its stake in four mainland ports and in Hong Kong to a number of shipping lines.
Call to name and shame shoddy ship associates THE names of charterers and classification societies, insurers and mortgagee banks, associated with shoddy shipowners and high-risk registers should be widely publicised as part of a concerted industry effort to improve its dismal safety record.
Industry backing for new awards scheme The Lloyd's List-SMM 2002 Awards scheme - launched last month to recognise innovation in shipbuilding and marine technology - has attracted immediate support from major sponsors.
Get your container act together! The president of Canadian National Railway urged the Port of Halifax to improve its handling of containers or risk losing business to competing Atlantic coast ports in the United States.
Triestino, CMA CGM in slot deal The carriers will share container slot space in trans-Pacific service in a deal that will not increase capacity in the trade.
Trade groups oppose House security bill
Alameda Corridor off to fast start
China Southern will add cargo planes, develop hub
Strike halts Italy transport
Inttra signs Elite for portal, PN
Kuehne & Nagel opening high-tech hub in Mexico
Hong Kong airfreight operator extends direct China service
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