India woos foreign stakes in box terminal projects INDIA is out to attract foreign participation in three major container port projects that would more than double the capacity at its ports to 5 million TEUs in the next few years.
P&O container volumes rise 14% in Q3
Oil from stricken tanker hits Spanish coast
Parties in port row warned not to rush for sanctions
S Korea's Hanjin Group founder dies
Air and Land Transport
Air travel costs may soar with terrorism fears ASIA-Pacific airline chiefs have warned that air travel may become more expensive if governments do not bear the cost of implementing aviation security measures to counter terrorist threats.
India woos foreign stakes in box terminal projects INDIA is out to attract foreign participation in three major container port projects that would more than double the capacity at its ports to 5 million TEUs in the next few years.
P&O container volumes rise 14% in Q3
Oil from stricken tanker hits Spanish coast
Parties in port row warned not to rush for sanctions
S Korea's Hanjin Group founder dies
Air and Land Transport
Air travel costs may soar with terrorism fears ASIA-Pacific airline chiefs have warned that air travel may become more expensive if governments do not bear the cost of implementing aviation security measures to counter terrorist threats.
Fall operating profit JAL JAL today posted a 26.7 percent fall in first-half operating profit, to 28.55 billion yen ($237 million), hurt by still-weak demand for international flights. Revenues dipped 1.5 percent to 858.16 billion yen.
Logistics Prize for Van Gend & Loos This year's Logistics Prize for the Netherlands goes to Van Gend & Loos Euro Express.
Evergreen to change agent in Venezuela Evergreen America Corporation and Agencia World Link-Up CA, which has represented Evergreen as agent in Venezuela since the beginning of its service in 1995, announced that their cooperation would be terminated.
United to boost revenue via Lufthansa United Airlines, working to fend off a bankruptcy-court filing, said it expects to boost revenue by $90 million a year by deepening its trans-Atlantic marketing relationship with Star Alliance partner Lufthansa.
Asian airlines optimistic Most Asian airlines are eyeing profits this year despite the Bali bombing but rising insurance costs and new security measures to thwart terrorism may erode the bottom line, Richard Stirland, director-general of the Association of Asia-Pacific Airlines (AAPA) told AFP.
Operating income MOL down 60 percent Consolidated business results of Mitsui OSK LInes (MOL) for the first half of FY2002 showed revenues of 444 billion yen, a decrease of 3.8 per cent over the same period of the previous year, with operating income of 14.7 billion yen (a decrease of 60.5 per cent from the same period of the previous year).
TNT Logistics and Dow Benelux sign contract TNT Logistics announced today that it is to start warehousing and transport operations for the maintenance, repair and operating supplies (MRO) division of Dow Benelux B.V., a leading company in the chemical sector.
EU exeption, but further examination shipping competition
Wärtsilä and Mitsubishi to develop new 500-600 mm bore diesel Wärtsilä Corporation and Mitsubishi Heavy Industries Ltd have made a joint development agreement to design and develop a new low-speed marine diesel engine.
Conrad awarded Alaska ferry contract Conrad Industries, Inc.has announced the award of a $9.5 million contract for the Alaska Marine Highway System.
VT Haltermarine wins $10.2 million 220 ft OSV order VT Halter Marine, Inc. has disclosed its first newbuilding order since acquisition of the former Halter Marine by Singapore Technologies.
Navy moves ahead on focused-mission ship studies Six companies are each being awarded a firm-fixed-price U.S. Navy contract worth $500,000 for the performance of focused-mission ship concept studies intended to explore a range of approaches in an overall effort to define future ship requirements.
Pacific Maritime offers seafarer upgrade courses Pacific Maritime Institute (PMI), the West Coast affiliate of Maritime Institute of Technology and Graduate Studies (MITAGS) has announced a training program for Able Seamen wishing to upgrade to Mate.
Spain rules out shoreline refuge for stricken Prestige THE shipping industry was this week faced with a repeat of the Castor incident as the Spanish government flatly refused to allow the stricken tanker Prestige to find a place of refuge close to shore.
Black tide set to ruin industries AN oil slick that stretched for 190 km hit the coast of Galicia yesterday as salvage operations on board the Prestige continued 65 miles off the Spanish mainland, writes Brian Reyes.
No way to treat a Lady: tanker bears scars of run-in with sub DIVERS have discovered extensive damage to the hull of the Norwegian gas tanker, which last week was in collision with a nuclear-powered US attack submarine surfacing off the Straits of Gibraltar.
Amsterdam to sail on despite virus outbreak HOLLAND America has no plans to withdraw the Amsterdam from its Caribbean season in spite of a steady procession of passengers abandoning the ship on its current cruise after contracting the Norwalk gastrointestinal virus, the company said at the weekend, writes Rajesh Joshi.
Long voyage for port security bill After 483 days of amendments, revisions and contention - and Sept. 11 - Congress passed the encompassing Maritime Transportation Security Act of 2002.
Mixed results for U.S.-Puerto Rico lines Carriers' earnings provided a glimpse of how they have fared in the wake of the decision by NPR-Navieras earlier this year to exit the business and sell its assets to competitor Sea Star Line.
Atlas revenue jumps The parent of Atlas Air and Polar Air Cargo said third-quarter revenue increased as charters offset weaker contract service business.
ABX Logistics devrait trouver un partenaire opérationnel dès 2003 Trois scénarios ont été étudiés concernant lavenir: lun prévoyait de continuer comme tel en espérant trouver un partenaire dici la fin de 2003 ou le début de 2004; le deuxième prévoyait larrêt immédiatement des activités dABX par la fermeture des filiales allemande, française et néerlandaise et la vente immédiate des filiales belge et italienne; et le troisième, qui prévoyait la création dune société holding qui comprendrait les filiales rentables dABX, la SNCB conservant les trois filiales déficitaires le temps de leur assainissement. Cest ce troisième scénario qui a été retenu pour le plan de sauvetage dABX Logistics.
La SNCB devrait perdre plus dun milliard dEUR cette année Si aucune mesure nest prise, si on contine comme aujourdhui, la SNCB sera confrontée à une dette de 10 mia. dEUR, voire de 12 mia. dEUR. Cest ce qua annoncé Karel Vinck jeudi soir lors dune conférence de presse. Aussi a-t-il dit quil travaille à un plan dentreprise pour trouver, à partir de lanalyse du problème des liquidités, une solution à ce problème. Ce plan sera soumis au gouvernement dans la première moitié de 2003. Vinck et le directeur financier de la SNCB, Luc Lallemand, ont analysé la situation financière au cours dune conférence de presse. Il en est également ressorti que cette année, la SNCB clôturera lexercice 2002 sur une perte de 1,07 mia. dEUR.
Chargeurs et expéditeurs se préparent doucement au NCTS Le bureau Anvers D est repris comme un seul bureau dans le New Computerised Transit System (NCTS). Au port dAnvers, les déclarations NCTS pourront toutefois être traitées à quinze bureaux, répartis dans toute la zone portuaire. Cest ce qua déclaré Jan Moortgat, premier inspecteur-chef de service de lAdministration des Douane & Accises, direction Anvers, au cours dun séminaire organisé par notre publication-soeur Transport Echo, en collaboration avec Deloitte & Touche, et qui a attiré la grande foule.
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