HK port volume up in April, fuelling recovery hopes CONTAINER traffic in Hong Kong bounced back in April after a 12-month slump, adding to growing evidence that the territory may already be experiencing an export-driven recovery, economists said.
Tonga closing down int'l ship registry
Kaohsiung set to build 6th box terminal
Fire-stricken ferry crew, passengers praised
Maersk, Evergreen in slot swap deal
Air and Land Transport
Japan mulls new air traffic controls: report A Japanese transport ministry panel has started considering giving priority to orders made by computers rather than instructions from air traffic controllers to avoid plane collisions, Kyodo news agency reported yesterday, citing ministry sources.
Bangkok Airways to up flights to Cambodia
US extends war risk insurance for airlines
US Airways seeks US$950m yearly savings on labour
KLM in plane leasing accord
China crash: flight data recorder found
Boeing lays off 1,500 workers
Crossair expects to carry 11m passengers this year
HK port volume up in April, fuelling recovery hopes CONTAINER traffic in Hong Kong bounced back in April after a 12-month slump, adding to growing evidence that the territory may already be experiencing an export-driven recovery, economists said.
Tonga closing down int'l ship registry
Kaohsiung set to build 6th box terminal
Fire-stricken ferry crew, passengers praised
Maersk, Evergreen in slot swap deal
Air and Land Transport
Japan mulls new air traffic controls: report A Japanese transport ministry panel has started considering giving priority to orders made by computers rather than instructions from air traffic controllers to avoid plane collisions, Kyodo news agency reported yesterday, citing ministry sources.
Bangkok Airways to up flights to Cambodia
US extends war risk insurance for airlines
US Airways seeks US$950m yearly savings on labour
KLM in plane leasing accord
China crash: flight data recorder found
Boeing lays off 1,500 workers
Crossair expects to carry 11m passengers this year
CEO ECT leaves board Europe Container Terminals (ECT), controlled by Hutchison Port Holdings, just announced that Steven Lak is to leave his post as chief executive.
Slight profit for K Line K Line had consolidated operating income of 19 billion yen ($143 million) in fiscal 2001, off 47 per cent from 2001.
Lufthansa Cargo satisfied with Q1 2002 In the first quarter 2002, Lufthansa Cargo AG lifted pre-tax results to 2.8 million euros, which is 15.7 million euros up, compared to Q1 2001.
Profit Mitsui OSK down 3.6 per cent Mitsu OSK Lines reported group net profit of 10.5 billion yen for the latest fiscal year ended March 31, down 3.6 per cent on year, due to intensifying price competition.
P&O expecting 'further uplift' At P&O's Annual General Meeting in London today, the Chairman, Lord Sterling, reported optimism on the second half of 2002.
Princess of Scandinavia limps into port after fire A FIRE-DAMAGED Danish passenger ferry with 884 people on board has limped safely into the port of Kristiansand, Norway, after triggering a major North Sea rescue alert on Friday night.
Tonga pulls plug on troubled flag AROUND 200 ships will be searching for a new registry after Tonga's decision to pull the plug on its fledgling flag of convenience, following a series of embarrassing incidents involving its vessels.
Container lines deny claims of transpacific rates discrimination CARRIER representatives hit back last week at claims by US forwarders and non-vessel operating common carriers that members of the Transpacific Stabilisation Agreement had discriminated against them on rates.
Minister moves to calm fears of PSA split Singapore's PSA Corporation, the world's second largest terminal operator, has received government assurances that it will not be split into separate companies for domestic and international traffic.
Recovery underway, says P&O chief The chairman of Peninsular and Oriental Steam Navigation Co. told shareholders that container volume increased 9% at the company's ports in the first quarter.
Bill would drop "Freight All Kinds," other container-related terms A new port security bill would eliminate non-specific wording used to describe containerized shipments.
P&O exiting bulk sector The transport company shed its stakes in four bulk vessels as the British transport group focuses on its fast-growing ports and ferry operations.
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