Global maritime framework against terrorism reached AFTER nearly a year of intense negotiations and unprecedented workload by the International Maritime Organisation , 108 countries formally agreed to a historic new framework aimed at protecting global maritime trade against the spectre of terrorism.
Statoil sells shipping unit to Teekay
Contship revamps Australia services
All big Sabah ports to use new computer system
Air and Land Transport
Weakened US airlines face crippling blow from Iraq war STRUGGLING US airlines face a further crippling blow to revenue if the United States enters into an extended war against Iraq, leading industry experts said.
Korean Air to offer charter flights to Taiwan
United's new wage cut plan leaves pilots union 'stunned'
Cost cuts will help BBA meet full-year profit targets
Global maritime framework against terrorism reached AFTER nearly a year of intense negotiations and unprecedented workload by the International Maritime Organisation , 108 countries formally agreed to a historic new framework aimed at protecting global maritime trade against the spectre of terrorism.
Statoil sells shipping unit to Teekay
Contship revamps Australia services
All big Sabah ports to use new computer system
Air and Land Transport
Weakened US airlines face crippling blow from Iraq war STRUGGLING US airlines face a further crippling blow to revenue if the United States enters into an extended war against Iraq, leading industry experts said.
Korean Air to offer charter flights to Taiwan
United's new wage cut plan leaves pilots union 'stunned'
Cost cuts will help BBA meet full-year profit targets
Unions review proposals for cuts United United Airlines' unions met with their advisers Monday to review the bankrupt carrier's proposal for severe cuts, which one union said would more than double the previous targeted concessions.
BA to axe 21 regional routes British Airways is to cut 21 UK routes next year which it said today were "further steps towards simplifying and strengthening its UK regional operation".
Korean Air and TransAsia flights between Korea and Taipeh Korean Air Lines and Taiwan's TransAsia Airways will operate chartered flights between South Korea and Taiwan starting later this month, the Ministry of Construction and Transportation in Korea said today.
Asian shipping companies angry about surcharges Indonesia Delegates from shipowners' associations of Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam have collectively called upon the Joint War Risk Committee (JWRC) to remove Indonesia's post-Bali bombing war risk zone label, arguing the arbitrary rating 'imposed unnecessary additional costs' on shipping and trade.
IMO wants new security measures Governments have been given one and a half years to implement the security measures decided on by the International Maritime Organization (IMO).
Rumors about sale CSX Lines Morgan Stanley upgraded CSX Corp. (CSX ) to overweight from equal-weight. The Journal of Commerce argued about the sale of CSX Lines.
IMO adopts comprehensive maritime security measures Shipowners face a new and significant compliance deadline. A new, comprehensive security regime for international shipping is set to enter into force in July 2004. A central element is ISPS: the new International Ship and Port Facility Security Code.
Rolls-Royce power for White Rose FPSO Three Rolls-Royce RB211 turbogensets have been ordered to provide the electric power needed on an FPSO (floating production, storage and offloading) vessel to be located in the North Atlantic.
GE Power delivers QM2 packages GE Power Systems recently delivered two LM2500+ gas turbine-generator packages scheduled to be installed on what will be the largest passenger liner ever built,
First common-rail Sulzer completes one year's service The first Sulzer low-speed engine with common-rail fuel injection has successfully completed one-year's service
Navy hosts Taiwan sub meeting The Navy is briefing selected contractors on its planned acquisition of diesel electric subs for Taiwan
Deloitte & Touche pulls out of Liberian registries audit IN A major blow to the already tattered credibility of the Liberian maritime programme, international accounting firm Deloitte & Touche has pulled out of its contract to audit the West African country's shipping and corporate registries and timber industry.
Erck Rickmers places $323m five-ship order with HHI HAMBURG owner Erck Rickmers has placed an order worth Won389.9bn ($323.8m) with Hyundai Heavy Industries for five 7,500 teu boxships, German shipping sources and Asian shipbuilders said.
MoD starts chartering ships for Iraq operation THE UK's Ministry of Defence will from today seek to charter ships to move personnel and equipment for operations against Iraq, it has been confirmed, writes David Osler.
CSX Lines sold to turnaround firm CSX Corp. will sell its domestic shipping company to turnaround specialist Carlyle Group for $300 million in cash and securities, confirming an earlier report in JoC Online.
Insurance could rocket after wrecks A spate of recent maritime accidents has pushed hull losses close to the $1 billion mark and could send insurance premiums soaring in the coming months, experts say.
United simplifies domestic pricing Carrier shrinking number of pricing zones, plans export rate changes, too.
CP Ships quits Asia-Europe slot deal
GATX quitting new ventures unit
CSDC orders four bulk carriers
Protest threatens Russia box imports
Jolly Rubino wreck blown up
Canadian National to acquire 550 cars for forest products
Sea Gate doit stimuler le développement logistique dans le port d’Ostende Un consortium belgo-américain autour d’Immo Industry Group (IIG), GE Capital Real Estate et KBC a dévoilé hier ses plans concernant l’aménagement d’un parc logistique sur un terrain de 230.000 m2 dans l’arrière-port d’Ostende (Plassendale 1). Des magasins et des bureaux sur mesure y seront réalisés en fonction des besoins logistiques des clients. Le projet Sea Gate représente un investissement de 62 mio. d’EUR.
Le marché belge du camion a baissé plus fort que prévu en 2002 Le marché belge du camion de moyen et de lourd tonnage connaîtra cette année-ci une baisse sensiblement supérieure aux prévisions. Cela tient entre autres à un ralentissement des investissements de remplacement. C’est ce qu’a déclaré Peter Himpe, national sales director de Volvo Trucks Belgium, lors de la traditionnelle conférence de presse de fin d’année. Pour 2003, il prévoit - très prudemment - une légère hausse.
Zeeland Seaports consolide sa position sur la scène portuaire internationale Zeeland Seaports a à nouveau élargi ses horizons. L’autorité portuaire zélandaise compte pour cette année sur une croissance de plus de 5% des transbordements à Flessingue et Terneuzen. L’année sera clôturée sur un nouveau record absolu de 26,7 mio. de t, a pu annoncer un président visiblement satisfait lundi soir lors de la réunion de fin d’année de l’administration du port de Middelburg. Et la fin de la croissance n’est pas encore en vue: avec le nouveau tunnel de l’Escaut occidental, l’aménagement du Westerschelde Container Terminal et la disponibilité de nombreux terrains de nouvelles portes s’ouvriront pour Zeeland Seaports qui, avec un résultat favorable de 5,5 mio. d’EUR, voit également augmenter sa capacité de financement.
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