Shipping industry keen on 'PSA stakeholder' idea A surprised shipping industry is keen to hear further details about the possibility of becoming stakeholders in PSA Corporation, an idea mooted by Prime Minister Goh Chok Tong last Friday.
Warships providing escort through Straits
Asian feeder group to raise emergency bunker surcharge from next month
IMC Hldgs moves closer to delisting
Guangzhou Line is overdrawn Shipyard forecasts H1 loss
Vietnam to boost shipbuilding
Air and Land Transport
Boeing looks to defence unit for growth THE worst airline slump in a decade is not turning out so bad for Boeing Co chairman and chief executive officer Philip Condit.
China defends pilot
UAL's first quarter loss widens to US$510m
M'sia acts to prevent airport thefts
US, Japan sign pact to promote tourism, boost travel industry
Features
HK waterfront to be enhanced IN a classic case of nothing's ever too late, Hong Kong is set to beautify its well-endowed but neglected harbour in a bid to woo more merry-makers to its world famous resource.
Shipping industry keen on 'PSA stakeholder' idea A surprised shipping industry is keen to hear further details about the possibility of becoming stakeholders in PSA Corporation, an idea mooted by Prime Minister Goh Chok Tong last Friday.
Warships providing escort through Straits
Asian feeder group to raise emergency bunker surcharge from next month
IMC Hldgs moves closer to delisting
Guangzhou Line is overdrawn Shipyard forecasts H1 loss
Vietnam to boost shipbuilding
Air and Land Transport
Boeing looks to defence unit for growth THE worst airline slump in a decade is not turning out so bad for Boeing Co chairman and chief executive officer Philip Condit.
China defends pilot
UAL's first quarter loss widens to US$510m
M'sia acts to prevent airport thefts
US, Japan sign pact to promote tourism, boost travel industry
Features
HK waterfront to be enhanced IN a classic case of nothing's ever too late, Hong Kong is set to beautify its well-endowed but neglected harbour in a bid to woo more merry-makers to its world famous resource.
Shipping industry keen on 'PSA stakeholder' idea A surprised shipping industry is keen to hear further details about the possibility of becoming stakeholders in PSA Corporation, an idea mooted by Prime Minister Goh Chok Tong last Friday.
Warships providing escort through Straits
Asian feeder group to raise emergency bunker surcharge from next month
IMC Hldgs moves closer to delisting
Guangzhou Line is overdrawn Shipyard forecasts H1 loss
Vietnam to boost shipbuilding
Air and Land Transport
Boeing looks to defence unit for growth THE worst airline slump in a decade is not turning out so bad for Boeing Co chairman and chief executive officer Philip Condit.
China defends pilot
UAL's first quarter loss widens to US$510m
M'sia acts to prevent airport thefts
US, Japan sign pact to promote tourism, boost travel industry
Features
HK waterfront to be enhanced IN a classic case of nothing's ever too late, Hong Kong is set to beautify its well-endowed but neglected harbour in a bid to woo more merry-makers to its world famous resource.
Vopak to split-off chemical distribution Vopak announced today that the chemical distribution activities will be split-off into a separately listed Dutch company. In this scenario Vopak will continue with the tank storage and related logistics activities.
Norway to keep SAS stake Norway unveiled a sweeping plan on Friday to trim its holding in industrial group Norsk Hydro, but said there would be no quick sell-off and that it would keep its stake in airline SAS.
Volvo loss Swedish heavy engineering group AB Volvo today reported a net loss of SEK746 million for the first quarter of 2002, slightly better than its SEK801 million loss a year ago.
Airfreight up in Asia-Pacific region For the third month, air cargo volume in the Asia-Pacific has raised, Airwise News reports after surveying airlines and airports in the region.
US banks consider UK rail financing Babcock & Brown and Morgan Stanley are in talks with the UK government about a plan to finance more than '30bn ($43.4 billion) of private investment in the UK railways.
Nearly half a billion loss United United Airlines will ask its workforce for wage concessions this week as the world's second-largest carrier gave the clearest signal yet that it would apply for government loan guarantees, after announcing huge losses.
US West Coast container imports slowed Containerized imports at West Coast ports slowed down in March, indicating that February's surge in cargo volume may have been an one-month phenomenon.
Panama Canal boss in Europe to defend sweeping changes SHIPOWNERS face a fundamental shake-up in the system of Panama Canal tolls, which are certain to mean an increase in the amount they pay for transits.
Lauritzen Kosan steps on the gas with Tarquin quartet Lauritzen Kosan, one of the world's leading operators of small gas carriers, has expanded its fleet by the acquisition of four vessels operated by Tarquin International, writes Tony Gray.
Singapore tempts lines with port stakes THE prime minister of Singapore, Goh Chok Tong, has hinted that shipping lines may be offered stakes in PSA Corp in an effort to defend the city-state's regional maritime hub status.
Listing plan puts $1.5bn price tag on John Wood JOHN Wood Group, the Aberdeen-based international energy services combine, has unveiled plans for a London flotation which could value the group at around $1.5bn, writes Tony Gray.
EU sanctions threaten recovery in trans-Atlantic container trades The European Union lays plans to retaliate against Washington's steel import curbs.
Singapore doesn't see Malaysia threat to PSA Corp.'s dominance Singapore's prime minister says that the country's largest terminal operator isn't in danger of losing its status as the region's key transshipment hub.
USFreightways posts $77M loss The less-than-truckload, forwarding sectors hit results.
Le secteur fluvial belge réclame une solution au manque de matelots Le manque persistant de matelots qualifiés dans la navigation rhénane et fluviale belge depuis plusieurs années commence à avoir des conséquences dramatiques. “La capacité de transport des vraquiers et citerniers internationaux battant pavillon belge a diminué de 25 à 50% en t-km, parce qu’ils ne peuvent participer à la navigation en continu par manque de matelots et doivent se contenter de naviguer maximum quatorze heures par jour. D’autre part, les bacs de poussage ayant passé le contrôle technique pour naviguer avec quatre bacs de poussage doivent se limiter à pousser deux bacs et voient ainsi leur capacité de transport et rendement baisser de 50%”, déplore l’Union d’armateurs belges de navigation fluviale et rhénane (VBR).
Contship Italia lancera cet été son projet trans-européen intermodal “Hannibal” Les premières annonces sur le “projet Hannibal”, une liaison ferroviaire à travers les Alpes entre l’Italie et les marchés européens, datent déjà d’il y a deux ans, mais il semble que le projet sera désormais lancé définitivement. A partir du deuxième semestre de cette année, trois trains bloc seraient alignés par semaine. C’est ce qu’a déclaré Guiliano Alberghini, managing director de Contship Italia (CI), lors du symposium de l’ITMMA organisé à Anvers la semaine dernière.
Gyor-Gönyu compte sur sa connexion belge Le port intérieur hongrois de Gyor-Gönyu, qui a récemment été aménagé le long du Danube, voit l’avenir avec optimisme grâce à l’intérêt qu’il suscite en Belgique. Il existe déjà un trafic de machines agricoles entre Gand et le port, qui mène en outre des négociations avec le spécialiste belge des vracs alimentaires Agro-Maas et qui a signé un accord de coopération avec le NV Zeekanaal.
Vopak intègre la distribution chimique dans une entreprise séparée Hier, Vopak a confirmé qu’il va détacher ses activités sur le plan de la distribution chimique. Elles seront intégrées dans une société néerlandaise distincte cotée en bourse. Vopak poursuivra ses activités d’entreposage citernier et les activités logistiques qui en découlent”, indique un communiqué. Une assemblée générale extraordinaire devra se prononcer sur cette scission d’ici la mi-juin. L’ensemble du processus pourrait être finalisé d’ici fin juin.
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