NOL group likely to chalk up bigger loss this year THE Neptune Orient Lines group is likely to post worse results for fiscal 2002 than its US$57 million loss in 2001 as rates remain low and tanker division profits are squeezed, analysts have warned.
MPA campaign to check safety code compliance
OOCL sees hopeful signs of recovery
Star Cruises deploys ship for Yellow Sea operations
Daewoo wins rig order
Air and Land Transport
Air traffic revival to take 'a while', says Boeing CEO BOEING chief executive Phil Condit said it will take 'a while' for commercial air traffic to return to the levels seen before the US economic decline, and the company expects production to bottom in 2003.
JAS' full-year profit plunges 58%
Bristol airport's passenger traffic up 66% in April
China promotes former pilot to civil aviation regulator
Computer screens causing UK air traffic controllers to make mistakes
US airlines propose creating insurer for terrorism risks
NOL group likely to chalk up bigger loss this year THE Neptune Orient Lines group is likely to post worse results for fiscal 2002 than its US$57 million loss in 2001 as rates remain low and tanker division profits are squeezed, analysts have warned.
MPA campaign to check safety code compliance
OOCL sees hopeful signs of recovery
Star Cruises deploys ship for Yellow Sea operations
Daewoo wins rig order
Air and Land Transport
Air traffic revival to take 'a while', says Boeing CEO BOEING chief executive Phil Condit said it will take 'a while' for commercial air traffic to return to the levels seen before the US economic decline, and the company expects production to bottom in 2003.
JAS' full-year profit plunges 58%
Bristol airport's passenger traffic up 66% in April
China promotes former pilot to civil aviation regulator
Computer screens causing UK air traffic controllers to make mistakes
US airlines propose creating insurer for terrorism risks
Solicitor to Amsterdam terminal operator If the Greek Christos Kritikos is not soon to pay the rent for the Amsterdam container terminal the city of Amsterdam will send a solicitor to Kritikos.
US Airways hopes for loan guarantees mid-June US Airways Group Inc. said it does not expect to produce positive operating cash flow in the second quarter due to weak revenue and high costs, and it hopes to apply for federal loan guarantees by mid-June 2002.
Port of Rotterdam assumes proportion of scan costs The Rotterdam Municipal Port Management (RMPM) is set to pay the cost of road transport to and from the container scanner on the Maasvlakte port in Rotterdam from 1 July 2002.
European ports fear of 'safety race' The European Seaports Organisation (ESPO) has come out against certain ports, such as Rotterdam, where safety is already at a high level being selected and prioritized over others.
DHL started operations with CargoReservations.com DHL Worldwide began using the CargoReservations.com service to solicit spot-market bids for its heavy freight export loads from John F. Kennedy International Airport.
Jet freight isn't checked, US officials told in October 2001 A month after the Sept. 11 attacks, a government report warned federal officials that terrorists easily could plant bombs on passenger jets by shipping them as cargo, but the new Transportation Security Administration (TSA) failed to remedy flaws.
Tanker spills not the major source of ocean pollution it is consumers of oil -- not the ships that transport it -- who are responsible for most petroleum that enters U.S. waters says a new report
New chairman for FGH T. Jay Collins has been elected to serve as chairman of the board for Friede Goldman Halter, Inc. replacing J. L. Holloway
Statoil pulls plug on Byford Dolphin STATOIL has terminated its drilling contract with Fred Olsen's Byford Dolphin semi-submersible rig after the Norwegian owner failed to implement adequate safety improvements following a fatal accident in April.
US Customs agents to be based in European ports OFFICIALS of US Customs are to be posted to a number of key European ports in coming weeks as part of a pilot project to seek ways of tightening security on both sides of the Atlantic, writes Janet Porter.
P&O Nedlloyd and APL talks show merger hopes are alive HIGH level merger talks have taken place within the last month between P&O Nedlloyd and APL, Lloyd's List has learnt.
Frontline on verge of clinching deal with BP Frontline, the world's largest tanker company, is poised to unveil what appears to be a major VLCC chartering deal with BP, writes Tony Gray.
House slates hearing on anti-trust The House Judiciary Committee has tentatively scheduled a hearing June 5 to examine ocean carrier antitrust immunity.
Taiwan OKs business to open direct shipping links to China mainland In a significant policy shift, a senior Taiwan official now says private maritime groups are permitted to discuss with mainland China the restoration of direct transport links severed more than half a century ago.
Grand Alliance makes new U.S. East Coast-Asia calls A new service that links U.S. East Coast ports with Asia is making initial calls in the U.S. this week.
- 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