Jurong Port to start on third phase of expansion JURONG Port will push ahead immediately with the third phase of its container terminal expansion after passing the monthly throughput hurdle of 20,000 TEUs in September.
Ferry operator looks beyond Riau islands
Justice Dept asked to step in
Asia's shipping business very competitive: EOX
P&O Princess profit up 7.3% in Q3
Older ships may be charged more at Manila terminal
Air and Land Transport
US urges trading partners to tighten security fast THE US government told major trading partners across the Pacific Rim yesterday they need to move quickly in imposing strict migration, airport and port controls as part of its global anti-terrorism push.
Ailing United Airlines to stop flying to four overseas destinations
KLM Q2 profit triples but it expects full-year net loss
Jurong Port to start on third phase of expansion JURONG Port will push ahead immediately with the third phase of its container terminal expansion after passing the monthly throughput hurdle of 20,000 TEUs in September.
Ferry operator looks beyond Riau islands
Justice Dept asked to step in
Asia's shipping business very competitive: EOX
P&O Princess profit up 7.3% in Q3
Older ships may be charged more at Manila terminal
Air and Land Transport
US urges trading partners to tighten security fast THE US government told major trading partners across the Pacific Rim yesterday they need to move quickly in imposing strict migration, airport and port controls as part of its global anti-terrorism push.
Ailing United Airlines to stop flying to four overseas destinations
KLM Q2 profit triples but it expects full-year net loss
NOL appoints group CIO Neptune Orient Lines (NOL) today announced the appointment of Cynthia A. (Cindy) Stoddard as Group Chief Information Officer.
Vopak sells UK shipping agency Royal Vopak announces that it has reached agreement for the sale of its 50 per cent interest in the shipping agency Clarkson Brothers Ltd. in Middlesbrough, United Kingdom.
Lufthansa rejects demand for 9 per cent pay rise Deutsche Lufthansa said it is dismissing a demand by its 52,000 cabin and ground staff for a pay raise of 9 per cent, nine times the German inflation rate.
Transpacific trade volume gap hits record The widening trade volume gap on the transpacific hit record levels in August, with two-thirds of containers returning to Asia from the US empty. In August, 846,817 Teu were shipped from Asia to the US, but only 281,777 Teu returned laden.
KLM up on good result Shares in KLM lifted 6 per cent, to 10,60 euro today at the Euronext in Amsterdam, as the Dutch flag carrier reported third quarter 2002 results at top end of the forecasts, with positive expectations.
Additional cost-cutting UAL United Airlines today announced this week's second round of cost-cutting measures that are expected to improve profitability by approximately $120 million annually.
USCG issues security NVIC The Coast Guard has issued vessel security guidelines consistent with proposals being developed at IMO
AMFELS delivers jack-up Keppel's yard in Brownsville, Texas, has delivered on time and on budget, a KFELS MOD V "B" class ultra premium jack-up drilling unit.
Insurers face $40m P&O Princess claim INSURERS face a bill of up to $40m from P&O Princess Cruises in compensation for delayed delivery of the badly damaged Diamond Princess cruiseship.
Low rates threaten intra-Asian feeder lines ASIA'S huge feeder shipping business is under threat from low freight rates which encourage main lines to opt for direct shipping instead, according to a top Singapore operator.
CMB outraged by Limburg oil spill bill Yemenis demand $18.5m advance for clean-up, writes Andrew Spurrier in Paris. BELGIUM'S CMB shipping group reacted furiously yesterday to a claim from the Yemeni government for a $18.5m advance payment against the cost of pollution damage caused by the October 6 terrorist attack on its tanker, the 299,364 dwt Limburg.
Shippers, labor back at contract talks Negotiations resumed as federal mediators try to broker a deal in the bitter West Coast labor dispute.
Shippers ask for Jones Act waiver The National Industrial Transportation League wants Customs to allow foreign-flag vessels to shuttle stranded containers to their proper destination at West Coast ports.
Le groupe “CKYS” se structure sur l’axe Est-Ouest Les armements Cosco Container Lines Ltd (Coscon), K Line, Yang Ming et Hanjin se sont engagés dans la voie d’une coopération opérationnelle plus étroite, qui se présente en fait sous la forme d’une alliance. A défaut d’un nom précis, celle-ci est désignée pour l’instant par les lettres “CKYS”. Nous avons déjà fait allusion à maintes reprises à ce rapprochement, qui se concrétise à présent dans les faits. Les intéressés annoncent une nouvelle panoplie de services conjoints, qui impliquent locations et échanges de slots.
ERS Railways transforme les armements en transporteurs ferroviaires Mærsk Sealand et P&O Nedlloyd ont décidé d’organiser eux-mêmes le transport ferroviaire de marchandises car les services de l’”ordre établi” laissent à désirer. Ils ont réussi à mettre sur pied ERS Railways dans un délai de six mois. Il s’agit d’un “spin-off” de European Rail Shuttle (ERS), dans lequel les deux groupes maritimes participaient déjà. Mærsk Sealand et P&O Nedlloyd détiennent chacun la moitié des actions, mais cela ne signifie pas pour autant qu’ERS Railways effectue exclusivement des transports pour leur compte vers Germersheim, Neuss et Mayence. Pas moins de 30% du volume est transporté pour le compte de tiers.
Les transporteurs US commencent à percevoir des signes de reprise Bon nombre des transporteurs routiers américains ont annoncé des bénéfices en hausse au troisième trimestre, de même qu’une croissance de leur chiffre d’affaires. Cette nette amélioration est due en grande partie à la réduction de la capacité résultant de la faillite de plusieurs sociétés (dont la principale est celle de Consolidated Freightways le mois passé), mais, fait nouveau, ils ont été nombreux à resentir les effets d’un début de reprise économique. Celle-ci est toutefois encore trop faible pour que les consommateurs reprennent suffisamment confiance. C’est ce qui explique pourquoi UPS a fait exception à la règle.
USA/côte ouest: le Département de la Justice enquête sur le travail au ralenti Dans les ports américains de la côte ouest, le rattrapage des dix jours de “lock-out” se poursuit plus lentement que prévu. Les estimations avancées il y a quelques jours par la Pacific Maritime Association (PMA) et qui portaient sur un délai de dix semaines au moins pour un retour à la normale, s’avèrent chaque jour plus réalistes. La situation est devenue préoccupante au point que le Département de la Justice a réclamé d’urgence - tant de la Pacific Maritime Association (patronat) que du syndicat ILWU - toutes les informations et documentations relatives à ce travail au ralenti. Ces données doivent être mises à disposition pour ce vendredi. Cette démarche fait suite à une plainte déposée par la PMA.
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