HK shipowners plan war risk insurance club mutual INSURANCE premium hikes have led Hong Kong shipowners to plan a new industry-funded war risk insurance club mutual to offset skyrocketing costs.
New box terminal to be built at Shekou
Klang signs sister port pact with Chilean port
Kwai Chung's June container traffic up
Australia bans some cattle shipments
Air and Land Transport
British Airways may allow foreign majority ownership BRITISH Airways asked shareholders to allow Europe's biggest carrier to be majority owned by foreign investors for the first time in an arrangement that would keep voting control with UK investors.
US air passenger traffic down 8.4% in June
Shenzhen, Hong Kong airports to help each other
Yen rise will boost Japanese airlines' profit
Australia considers aid for freight industry
Penang's airfreight forwarders hopeful of better times ahead
Log Book
Features
On the slow boat to privatisation PRIVATISATION of India's largest shipping company, Shipping Corporation of India , has suffered a setback with foreign investors pulling out of the race.
HK shipowners plan war risk insurance club mutual INSURANCE premium hikes have led Hong Kong shipowners to plan a new industry-funded war risk insurance club mutual to offset skyrocketing costs.
New box terminal to be built at Shekou
Klang signs sister port pact with Chilean port
Kwai Chung's June container traffic up
Australia bans some cattle shipments
Air and Land Transport
British Airways may allow foreign majority ownership BRITISH Airways asked shareholders to allow Europe's biggest carrier to be majority owned by foreign investors for the first time in an arrangement that would keep voting control with UK investors.
US air passenger traffic down 8.4% in June
Shenzhen, Hong Kong airports to help each other
Yen rise will boost Japanese airlines' profit
Australia considers aid for freight industry
Penang's airfreight forwarders hopeful of better times ahead
Log Book
Features
On the slow boat to privatisation PRIVATISATION of India's largest shipping company, Shipping Corporation of India , has suffered a setback with foreign investors pulling out of the race.
HK shipowners plan war risk insurance club mutual INSURANCE premium hikes have led Hong Kong shipowners to plan a new industry-funded war risk insurance club mutual to offset skyrocketing costs.
New box terminal to be built at Shekou
Klang signs sister port pact with Chilean port
Kwai Chung's June container traffic up
Australia bans some cattle shipments
Air and Land Transport
British Airways may allow foreign majority ownership BRITISH Airways asked shareholders to allow Europe's biggest carrier to be majority owned by foreign investors for the first time in an arrangement that would keep voting control with UK investors.
US air passenger traffic down 8.4% in June
Shenzhen, Hong Kong airports to help each other
Yen rise will boost Japanese airlines' profit
Australia considers aid for freight industry
Penang's airfreight forwarders hopeful of better times ahead
Log Book
Features
On the slow boat to privatisation PRIVATISATION of India's largest shipping company, Shipping Corporation of India , has suffered a setback with foreign investors pulling out of the race.
Better conditions Hanjin at PSA terminal Hanjin and PSA said they have agreed to finalise the current negotiation to extend their current long-term partnership.
Continental second quarter loss Continental Airlines reported a second quarter net loss of $35 million ($0.55 diluted loss per share) excluding a previously announced fleet charge and write down of its government grant receivable, which compares favorably to the First Call estimate of $0.76 loss per share.
Southern China ports 20 per cent growth expected Driven by China's soaring export growth, container traffic at southern China's booming Shenzhen ports is expected to rise by 20 per cent this year to six million units, exceeding previous forecasts.
Expensive agreement UPS with Teamsters UPS finally agreed with the Teamsters on a new six year contract to replace the pact that expires July 31, an expensive move in order to avoid strikes.
BA pessimistic about current quarter Lord Marshall, chairman of British Airways, warned that the group's first-quarter results, to be reported in August 2002, would reflect continuing soft market conditions and economic uncertainty.
Brussels and Deutsche Post clash about fine Deutsche Post AG will not be allowed to make a compromise solution to the repayment of 572 million euros in what the European Union Commission has judged to be illegal subsidies, people close to the German postal-services and logistics giant said.
Third T-AKE for NASSCO General Dynamics' National Steel and Shipbuilding Co., San Diego has been awarded a $289,891,274 contract modification for design and construction of the third T-AKE Class.
Keppel buys Verolme Botlek Singapore's Keppel FELS Limited, has signed a preliminary agreement . to acquire an 85% interest in Dutch offshore repair and conversion shipyard, Verolme Botlek
European Commission approves Italian tanker subsidy The European Commission has decided to authorize an Italian aid scheme granting an incentive to shipowners for the elimination of single hull tankers over 20 years of age.
Corus has market in ore with CSN deal ANGLO-DUTCH steel producer Corus yesterday unveiled a potential tie-up with Companhia Siderurgica Nacional of Brazil in a move that could shake up trading patterns in the dry bulk sector.
Salvage work begins after 11 die in rig helicopter crash Salvage operations have started in the UK's southern North Sea following Tuesday's helicopter crash that cost the lives of two crew and nine oil workers.
Moore Stephens stalks big four as accounting shake-up looms specialist shipping accountancy firm Moore Stephens will raid large corporate audits from the big four accountants if British and US regulators opt for a compulsory rotation of auditors.
ILWU makes technology proposal The union offers to trade some jobs for control of all remaining positions after new technology is implemented at West Coast ports.
Holt CEO won't oppose liquidation A turnaround specialist agrees to a plan to convert the troubled company's Chapter 11 proceedings to Chapter 7. ' 'Not so fast,' say Holt's unsecured creditors
China extends regs comment period The deadline for comments on maritime regulations designed to implement a controversial new law was extended to July 31.
Accélération de la hausse du transport de fret à partir de 2003, selon Prognos Le transport de marchandises va à nouveau vivre des jours meilleurs à partir de l’an prochain. Telles sont du moins les prévisions du bureau d’études de marché suisse Prognos dans le cadre d’une enquête sur l’évolution du trafic de fret et de personnes à court et moyen termes. Le transport routier réalisera la plus forte progression.
Le centre de gravité des activités d’Ostende se déplace des passagers vers le fret Jusqu’à il y a peu, le port d’Ostendee était de loin le principal port à passagers du pays. La disparition de la Régie du Transport maritime a porté un coup dur à Ostende, qui ne s’est jamais véritablement remis de cet uppercut dans ce segment de marché. Le port s’est dès lors orienté sur le fret roro. Avec succès.
Mercedes-Benz va intensifier la globalisation de sa division “V.U.L.” Avec une part de marché de 19% en Europe de l’Ouest, Mercedes-Benz figurait l’année dernière en tête de la liste des constructeurs actifs dans le segment des camionnettes jusqu’à 6 tonnes. En 2001, la marque avait produit 249.000 véhicules utilitaires légers (y compris la classe V), dont 81% ont été vendus sur le marché européen. Mercedes-Benz veut modifier cette proportion dans les années à venir, en mettant davantage l’accent sur une globalisation de ses produits.
Feport veut une approche sécurité diversifiée par port Feport, l’association européenne d’opérateurs de terminaux et de manutentionnaires souligne une nouvelle fois dans un communiqué que l’aspect sécurité dans les ports européens ne peut devenir un argument de concurrence. Le groupement prend donc une position officielle dans le débat sur les mesures de sécurité proposées par l’OMI pour les ports, fortement inspirées par les EU. Feport plaide pour un cadre international uniforme pour tous les ports mais permettant une analyse des risques pour chaque port individuellement, afin de pouvoir ensuite prendre des mesures de sécurité adaptées.
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