Underwriters declare Indonesia war-risk zone THE entire Indonesia archipelago has been declared a war risk zone by the influential Lloyd's joint war committee representing London underwriters, following the terrorist attacks in Bali which left up to 200 tourists presumed dead.
Philippine owners want more liberal shipping laws
Yemen admits terrorists caused supertanker blast
Lines want dockers to pick up pace
RCL extends Ho Chi Minh service
Air and Land Transport
Qantas optimistic for this yr but unsure of Bali impact QANTAS Airways Ltd warned yesterday that it was too early to assess the impact of the Bali bombing on its business but said it expected positive trends to continue for the rest of the financial year.
UK raises price cap on Nats air traffic charges
Int'l passenger traffic down 4.6% in Aug
Seven US airlines seek longer review of rivals' alliance
Underwriters declare Indonesia war-risk zone THE entire Indonesia archipelago has been declared a war risk zone by the influential Lloyd's joint war committee representing London underwriters, following the terrorist attacks in Bali which left up to 200 tourists presumed dead.
Philippine owners want more liberal shipping laws
Yemen admits terrorists caused supertanker blast
Lines want dockers to pick up pace
RCL extends Ho Chi Minh service
Air and Land Transport
Qantas optimistic for this yr but unsure of Bali impact QANTAS Airways Ltd warned yesterday that it was too early to assess the impact of the Bali bombing on its business but said it expected positive trends to continue for the rest of the financial year.
UK raises price cap on Nats air traffic charges
Int'l passenger traffic down 4.6% in Aug
Seven US airlines seek longer review of rivals' alliance
MOL to strengthen corporate governance Mitsui OSK today announced the establishment of an Internal Audit Office - effective October 1 - to create a more efficient and practical auditing structure. The move is aimed at enhancing MOL's efforts to strengthen its corporate governance.
Hong Kong and US in ir talks Hong Kong and US negotiators started three days of talks in Hong Kong yesterday to draw up a new agreement on commercial air services across the Pacific, it was reported by the government-run radio in Hong Kong
Northwest to close Atlanta and Long Beach Northwest Airlines will close its Atlanta aircraft maintenance and engine facility, and its reservations center in Long Beach, Calif.
Northwest loss of $46 million The share price of Northwest Airlines was just up 7.7 per cent, at $6.87, at Wall Street, although it reported a third quarter net loss of $46 million or 55 cents per common share. This compares to a third quarter 2001 net profit of $19 million or 20 cents per diluted common share.
American reports third quarter loss of $475 million Consistent with financial community expectations, AMR Corporation, the parent company of American Airlines, Inc., yesterday reported a third quarter net loss of $475 million before special items, or $3.05 per share. AMR is slowing the purchase of new planes from Boeing.
Loss for Continental in Q3 Continental Airlines today reported a third-quarter net loss of $37 million, but the share price just gained about 20 percent in New York, at $ 5.70.
TNT Express launches pre-arrival clearance TNT Express announced the global roll-out of 'PACS', a pre-arrival clearance system that will speed up the clearance of international shipments through Customs by up to eight hours, developed in partnership with Fujitsu.
Renaissance creditors to take a stake in Oceana THE creditors of defunct US cruiseship operator Renaissance Cruises are to take an equity stake in cruise industry newcomer Oceana Cruises, which is planning to charter three former Renaissance vessels, the advisor for the deal said yesterday, writes Andrew Spurrier in Paris.
Britannia sets pace with 15% P&I renewals rise A FIRST clear sign of the scale of general increases that shipowners face in the looming liability round of renewals has been hoisted by the pace-setting Britannia P&I Club.
Bergesen secures $900m loan war chest BERGESEN, Norway's leading bulk shipping group, has amassed an expansion 'war chest' of almost $900m following the finalisation of a major new loan facility.
No let-up for Pacific logjam West Coast ports Thursday continued to be plagued by severe congestion, equipment shortages and a traffic jam of vessels as more ships arrive on their weekly rotations from Asia.
Port security bill clears Senate hurdle Legislation to tighten security at the nation's ports took a major step forward after Sen. Fritz Hollings dropped his demand that new cargo user fees be developed to help pay for security improvements.
Turkon Line mise sur la relation Anvers-Turquie pour draîner du trafic routier vers le maritime “Bien que nous ne soyons pas intégrés dans l’Union européenne, nous suivons néanmoins ses aspirations en matière de transport, qui consistent à transférer des trafics de la route vers le maritime. C’est la raison pour laquelle nous introduisons dans notre nouveau service Europe-Turquie le container de 40’ - pallet wide et high cube - qui doit contribuer à ce transfert de trafic.” C’est en ces termes que le capitaine Cem Tas, manager de l’armement Turkon Container Line pour l’Europe et la Méditerranée, a présenté le nouveau service containérisé du groupe turc, lors d’une rencontre chez son agent anversois Uma Belgium.
Deutsche Post veut la quasi-totalité de DHL Deutsche Post veut reprendre la quasi totalité de DHL. C’est ce qu’annonce le Financial Times Deutschland. DP serait disposé à payer 400 mio. d’EUR pour la reprise de 23% supplémentaires.
Tropicana poursuit le développement de ses installations à Zeebrugge Mercredi dernier, le ministre flamand de l’Emploi Renaat Landuyt a effectué une visite de travail au chantier de la nouvelle unité de production du producteur de jus de fruits Tropicana à Zeebrugge. Via cette nouvelle installation, Tropicana veut optimiser la chaîne logistique entre la récolte des fruits et la livraison des jus de fruits au consommateur. En raison de sa forte croissance en Europe, Tropicana a été obligé d’augmenter sa capacité de production. Pour cette raison il a été décidé d’investir dans la construction d’une nouvelle implantation au port de Zeebrugge. L’unité de production sera entièrement opérationnelle au printemps de 2003 après le démarrage de trois lignes de production pour le remplissage de bouteilles PET et briques. Les nouvelles installations se porteront garant d’une centaine de nouveaux emplois.
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