Govt has set aside land for 20 more berths: PM Goh THE government has set aside land for 20 more berths at Pasir Panjang for 'whoever can best run the berths, be it PSA Corporation, Jurong Port, other port operators or shipping lines', Prime Minister Goh Chok Tong said in his annual National Day Rally speech yesterday.
Liner chief warns of years of low rates
Int'l Container Q2 net profit halves to 1.5b pesos
Star Cruises eyes profit push from new ships
Air and Land Transport
US Airways bankruptcy creditors' committee selected A 13-member panel of US Airways Group Inc's creditors was named by a Justice Department official to negotiate repayment terms of billions of dollars in debts as the bankrupt airline reorganises.
Qantas to face 24-hour strike by 6,000 workers
China's Hainan Air lifts H1 profit, plans share issue
Thai Airways expands flight schedule
GE to cut more jobs as slump persists
50 Swiss pilots passed by unqualified instructors
Yunnan airport, closed after plane mishap, reopens
Govt has set aside land for 20 more berths: PM Goh THE government has set aside land for 20 more berths at Pasir Panjang for 'whoever can best run the berths, be it PSA Corporation, Jurong Port, other port operators or shipping lines', Prime Minister Goh Chok Tong said in his annual National Day Rally speech yesterday.
Liner chief warns of years of low rates
Int'l Container Q2 net profit halves to 1.5b pesos
Star Cruises eyes profit push from new ships
Air and Land Transport
US Airways bankruptcy creditors' committee selected A 13-member panel of US Airways Group Inc's creditors was named by a Justice Department official to negotiate repayment terms of billions of dollars in debts as the bankrupt airline reorganises.
Qantas to face 24-hour strike by 6,000 workers
China's Hainan Air lifts H1 profit, plans share issue
Thai Airways expands flight schedule
GE to cut more jobs as slump persists
50 Swiss pilots passed by unqualified instructors
Yunnan airport, closed after plane mishap, reopens
Serious delays Antwerp's PSA-daughter Mainlines and barge operators have been critical of at-times serious delays at the Hesse Noord Natie's (HNN) Antwerp terminal, the newly merged and PSA Corporation-acquired terminal.
OOCL agents in Mexico and Russia Orient Overseas Container Line (OOCL) announced the appointment of Agencia Naviera De Mexico, S.A. De C.V. (Agnamex) as its new Agent in Mexico.
Descartes Introduces MobileLink: Commerce The Descartes Systems Group introduced MobileLink: Commerce, a wireless routing and scheduling application for real-time event management and financial settlement in delivery operations.
Schenker partner in timber tade online Schenker and IHB, leader for timber trade online, announce their strategic alliance as partners to offer their customers solutions via the internet.
Australian bank buys Rome airport Macquarie, the Australian investment bank, completed its fourth airport acquisition in 18 months when it bought a 44.7 per cent stake in Aeroporti di Roma for 480 million euro, from Leonardo Holdings, a consortium of Italian companies, which retains a 51 per cent stake.
Evergreen upgrades agency network To enhance its services in the East Mediterranean and Adriatic, Evergreen Marine (Taiwan) announced the appointment of three new agents.
World slump hits OOCL CHRONIC overcapacity in the container trades has dealt another corporate blow to the world's leading boxship operators with Orient Overseas International, owner of Orient Overseas Container Line, reporting a slump in first half after-tax profit to just US$1.03m, compared with US$49.1m last year.
Mega-boxships will be the future THE HUGE losses forecast by the world's largest container lines this year due to unprecedented overcapacity in the sector will not prevent the emergence of boxships of beyond 8,000 teu, according to Germanischer Lloyd's Hans G Payer.
P&O Nedlloyd orders questioned P&O Nedlloyd's rationale for ordering new ships is being questioned by institutional investors and industry analysts who argue that both the timing and reasoning is wrong.
NOL denies merger plan Neptune Orient Lines shares fell another 4.5% on Friday as market concern grew over potential losses this year, writes Marcus Hand.
Softer rates hit OOCL parent The chairman of the parent company of Orient Overseas Container Line is warning the high rate of new ship deliveries remains a problem for the container shipping industry.
Maersk Sealand opens Pier 400 The carrier is calling the 484-acre facility the largest proprietary container terminal in the world.
Russia oil exporter eyes U.S. market A Russian oil company which made the first direct shipment of Russian oil to the US may join a terminal project aimed at boosting trans-Atlantic shipments.
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