Disastrous if US ports close again: retailers A trade group for retailers such as Gap Inc and Target Corp urged labour-union and shipping-company negotiators to avoid a second shutdown of West Coast ports, saying it would cause 'catastrophic' damage to the economy.
Asian seafarers' bosses urge review of wages
Star Cruises Q3 profit up on extra capacity, cost cuts
Patrick Corp profit rises 47% to A$102m
Prestige breaks, eco disaster feared
Air and Land Transport
Air France's Q2 operating profit jumps 86% as cargo traffic rises AIR France SA, Europe's second-largest carrier, said fiscal second-quarter operating profit rose 86 per cent as fuel costs fell and cargo traffic grew.
US transport security body meets screener deadline
Disastrous if US ports close again: retailers A trade group for retailers such as Gap Inc and Target Corp urged labour-union and shipping-company negotiators to avoid a second shutdown of West Coast ports, saying it would cause 'catastrophic' damage to the economy.
Asian seafarers' bosses urge review of wages
Star Cruises Q3 profit up on extra capacity, cost cuts
Patrick Corp profit rises 47% to A$102m
Prestige breaks, eco disaster feared
Air and Land Transport
Air France's Q2 operating profit jumps 86% as cargo traffic rises AIR France SA, Europe's second-largest carrier, said fiscal second-quarter operating profit rose 86 per cent as fuel costs fell and cargo traffic grew.
US transport security body meets screener deadline
Profit fall Japan's big lines Japan's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line (K Line) and Mitsui OSK Lines (MOL), were more upbeat about the next six months.
MOL orders eight large-size car carriers MOL today announced plans to order eight large-size car carriers that will be completed in 2005 and 2006.
Schenker's Chinese network strengthened Schenker has reached agreement with Beijing International Technology Cooperation Centre (BITCC) to establish a joint venture in logistics in Beijing.
Montreal terminals signs 20-year lease Montreal Gateway Terminals (MGT) has signed a 20-year lease with the Montreal Port Authority (MPA) to operate the Racine and Cast container terminals - the longest lease ever signed by a stevedore at the North Atlantic port.
Deutsche Post has to pay more In its issue of 19 November 2002 Handelsblatt reported that according to information from Brussels Deutsche Post would have to repay state aid to the Federal Government in the amount of just over 900 million euro, instead of the just under 850 million initially planned.
Swiss cutting program to achieve breakeven Swiss, Switzerland's recently rescued national airline, has launched an emergency SFr400m ($275 million euro) cost-cutting programme.
Tanker Prestige breaks up, sinks Despite the best efforts of salvors Smit International, the aging Bahamas-flag, Greek-owned tanker Prestige has broken up and has sunk.
Not again THE 26-year old tanker Prestige broke in two and sank yesterday, raising fears of an ecological catastrophe and once again plunging the shipping industry into crisis. As clean-up operations intensified in Galicia, national leaders, the international media and maritime unions placed the tanker industry under close scrutiny and asked how an accident like this could reoccur.
Bahamas probes Prestige steel replacement THE Prestige had extensive steel replacement carried out last year in the mid-ship cargo tanks along which it snapped in two yesterday off Spain's Atlantic coast, writes Brian Reyes in Gibraltar.
IOPC sets compensation level at $178m A total of '113.7m ($178m) will be available to meet compensation claims arising from the Prestige spill under existing conventions according to the International Oil Pollution Compensation Funds, writes Sandra Speares.
Tanker sinks off Spanish coast A single-hulled tanker carrying 70,000 tons of fuel oil sank after the vessel split in half off the coast of Spain days after it was crippled in a storm.
Truckers ask FMC to probe NY/NJ terminals over waiting time penalties A truckers association has petitioned the Federal Maritime Commission to investigate what it says are "egregious unreasonable practices" of a group of marine terminals in the Port of New York and New Jersey.
Authorities arrest 118 in NY airport security sweep
Kühne & Nagel se développe à Hambourg Le groupe d’expédition et de logistique suisse Kühne & Nagel va investir un montant non encore dévoilé dans la construction d’une nouvelle plate-forme logistique à Hambourg. Il va y ériger un magasin moderne d’une superficie de 31.000 m2 près du nouveau terminal à containers Altenwerder. Le complexe doit être opérationnel pour le printemps 2004.
Europe/Far East: la FEFC veut redresser la barre tarifaire De prime abord, on serait tenté de dire que la FEFC y est allée un peu fort avec son plan d’affaires 2003. Westbound, donc au départ d’Asie vers l’Europe du Nord et du Sud, il y aura, à dater du 1er janvier et pour l’ensemble de l’exercice, trois adaptations, pour un total de 650 USD en plus par TEU. Eastbound, la majoration tarifaire est de 250 USD par container au départ de l’Europe du Nord, mais cette adaptation ne couvrira que la période mars/mai, ce qui laisse supposer qu’une autre adaptation interviendra par la suite. Au départ de la Méditerranée, il y aura deux adaptations pour un total de 400 USD pour un 20’ et 450 USD pour un 40’.
Petroplus va reprendre la raffinerie de bitume Nynas à Anvers La compagnie pétrolière rotterdamoise Petroplus a signé une déclaration d’intention avec l’entreprise suédoise Nynas Petroleum pour la reprise de la raffinerie de bitume de celle-ci à Anvers. Ces installations sont situées juste à côté de la raffinerie exploitée par Petroplus dans la zone portuaire d’Anvers. La collaboration entre ces deux raffineries voisines devra générer des synergies.
BA et AMR revoient leur proposition de partage de codes à la baisse British Airways et American Airlines ont introduit une demande de partage de codes auprès du ministère des Transports américain. Toutefois, les vols entre Heathrow et les Etats-Unis n’ont consciemment pas été repris dans l’accord. Les deux compagnies se heurtent depuis des années déjà à une résistance des deux côtés de l’Atlantique quant à leurs tentatives visant à approfondir leur alliance.
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