UN slams Liberian maritime bureau again LIBERIA's maritime authorities have once again come under fire in yet another damning United Nations Security Council report detailing the West African country's flagrant violation of international sanctions against it.
US Customs yet to approach MPA over box screening plan
Antwerp port's Q1 box traffic up 11%
PSA may bring forward IPO
MISC teams up with Saudi Arabian firm
Air and Land Transport
Japan watchdog likely to approve JAL-JAS merger JAPAN's anti-monopoly watchdog is widely expected to approve a revised merger plan later this week for Japan Airlines Co and Japan Air System Co the country's largest and third-ranking carriers respectively.
UPS' net profit up slightly in first quarter
Bright skies for Chinese airlines in 2002: analysts
UN slams Liberian maritime bureau again LIBERIA's maritime authorities have once again come under fire in yet another damning United Nations Security Council report detailing the West African country's flagrant violation of international sanctions against it.
US Customs yet to approach MPA over box screening plan
Antwerp port's Q1 box traffic up 11%
PSA may bring forward IPO
MISC teams up with Saudi Arabian firm
Air and Land Transport
Japan watchdog likely to approve JAL-JAS merger JAPAN's anti-monopoly watchdog is widely expected to approve a revised merger plan later this week for Japan Airlines Co and Japan Air System Co the country's largest and third-ranking carriers respectively.
UPS' net profit up slightly in first quarter
Bright skies for Chinese airlines in 2002: analysts
P&O to acquire Stena completely P&O is to buy the outstanding 40 per cent of P&O Stena Line from Stena for 150 million pound as part of a raft of measures to stem losses on some of its short-sea ferry operations.
MOL Joins Korea-Vietnam Service Mitsui O.S.K. Lines (MOL) today announced that it will start offering Korea-Vietnam service through a space-charter agreement with Heunga-A Shipping Co., Ltd. (Heung-A Seoul).
Evergreen appoints South American agents Evergreen appointed three new agents in South America.
P&O Nedlloyd charter contract with Blue Star In a move to diversify its sources for chartered ships, P&O Nedlloyd has placed its first contract with its own, newly formed ship management company - Reederei Blue Star - based in Hamburg.
Dip in Frankfurt activity The operator of Frankfurt airport, Europe's second largest, said on Tuesday it expected to report flat earnings this year despite a further dip in traffic.
Antwerp: less freight, more containers During the first quarter of 2002 shipment of goods in the port of Antwerp amounted to 31.5 million tonnes, against 32.5 million tonnes during the first quarter of 2001 and 31.1 million during the first quarter of 2000.
Closure of P&O Stena routes Separately, P&O Stena Line announced that consultations have commenced with employee representatives about the possible closure of the Dover/Zeebrugge route towards the end of 2002.
P&O ferry shake-up P&O unveiled a dramatic restructuring of its European ferry business yesterday that sees the UK group paying £150m ($217m) to buy out Stena Line, its shortsea Channel partner, and the closure of three services.
Stena Line to reinvest funds in P&O freight ferry purchases AS Stena Line bows out of the southern UK-continental Europe ferry market, with the £150m ($210m) sale of its 40% shareholding in P&O Stena Line to P&O, the Swedish operator said the move was not a reflection of the partnership with its former rival.
Industry gets to grips with Channel service upheaval P&O's decision, although expected in some quarters, still managed to catch ferry rivals, Brussels, hauliers, port operators and shippers on the hop.
Finnlines puts in $60m bid for Nordö-Link FINNLINES has made a bid to buy Rederi Nordö-Link, the Swedish ro-ro liner shipping company for SKr615m ($60m), less than six months after a similar proposal by Danish-German Scandlines ran into antitrust trouble and collapsed, writes Rajesh Joshi.
Westbound reefer rate hikes The Westbound Transpacific Stabilization Agreement has announced a series of rate increases on refrigerated agricultural exports to Asia.
Strong 1Q for CN Revenue gains in general merchandise sectors help pump results for the railroad.
P&O to buy rest of Stena ferry The British transport and shipping group plans to buy the 40% share it does not already own of P&O Stena.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
