Underwriters want govts to share burden SHELL-shocked marine insurance underwriters may be forced to turn to governments to shoulder the new burden of extreme war risk protection, a leading brokerage has warned.
Shanghai posts 10% growth in daily ship visits
US defence orders save Aussie firm
Taiwan unveils Asia's first self-righting rescue boat
CKYH to raise US-Europe services
Air and Land Transport
EU sets damages for stranded passengers in draft law PASSENGERS left on the ground because their airline over-booked the plane or cancelled the flight will be entitled to cash compensation under a new draft European Union law which passed through the European parliament on Thursday.
Obese woman loses fight over narrow seats
Balkan Air may be liquidated this week
Skymark plans to double domestic routes from April
Underwriters want govts to share burden SHELL-shocked marine insurance underwriters may be forced to turn to governments to shoulder the new burden of extreme war risk protection, a leading brokerage has warned.
Shanghai posts 10% growth in daily ship visits
US defence orders save Aussie firm
Taiwan unveils Asia's first self-righting rescue boat
CKYH to raise US-Europe services
Air and Land Transport
EU sets damages for stranded passengers in draft law PASSENGERS left on the ground because their airline over-booked the plane or cancelled the flight will be entitled to cash compensation under a new draft European Union law which passed through the European parliament on Thursday.
Obese woman loses fight over narrow seats
Balkan Air may be liquidated this week
Skymark plans to double domestic routes from April
Singapore Airlines profit six-fold Singapore Airlines (SIA) today announced that its half-year net profit rose nearly six-fold to S$774 million (US$434.8 million) compared with last year, boosted by its cargo operations.
Air Canada net income $125 million For the quarter ended September 30, 2002, Air Canada reported net income of $125 million or $0.91 per share, diluted, a $1.03 billion improvement from the restated third quarter of 2001.
US West Coast talks resume One day after West Coast port employers charged longshoremen with staging illegal slowdowns, both sides sat down with a federal mediator on Thursday to restart contract talks covering union workers on the docks that handle more than half of U.S. trade.
November strike in Spain Spanish port workers' unions have decided to step up their actions against the government policy to liberalise the Spanish ports.
TMM Lines launches Europe-Africa-South America service TMM Lines has added a new route to its growing network of services calling at ports in Latin America.
Manhattan Associates to acquire Logistics.Com Logistics.com signed a letter of intent for the acquisition of its assets by Manhattan Associates.
FBI warns of threat to tankers A recent FBI alert warns that al-Qa'ida plans to weaken the petroleum industry by conducting additional sea based attacks against large oil tankers
Carnival poised to win Princess The board of P&O Princess has already paid a $62.5 million break fee to Royaal Caribbean as it endorses an offer from rival Carnival Corporation.
British warship in collision with P&O ferry Britain's newest warship was seriously damaged in a collision with a P&O ferry in Portsmouth harbour as fierce storms lashed southern England, writes Carly Fields.
US container security 'dangerously' vulnerable to attack by terrorists A US taskforce has issued a chilling security assessment of the continued terrorist threat to container transport and energy distribution hubs, writes John McLaughlin.
Carnival woos P&O with bid fit for Princess CARNIVAL looks set to gain control of P&O Princess next year, after revising its partial-cash offer worth £3.5bn ($5.5bn) to a dual-listing structure similar to the one proposed by rival Royal Caribbean.
Feds won't tolerate port slowdowns Federal prosecutors suggested they may take union longshoremen to court to enforce a federal order that cargo handling resume at a "normal pace" at West Coast ports.
Declining yields top air-cargo concern Yield decline is foremost in the minds of air-cargo executives, according to a survey by The International Air Cargo Association.
La Commission et les douanes US pourraient s’entendre dans le dossier CSI La Commission européenne se montre positive à l’égard de l’attitude des douanes américaines concernant le développement de la Container Security Initiative (CSI). La tendance à conclure des accords avec des pays individuels est poursuivie, mais les récents et nouveaux accords pourraient dans une phase ultérieure être remplacés par un accord au niveau européen. Une nouvelle concertation, cette fois-ci entre la CE et le nouveau ministère du Homeland Security, aura lieu le 4 novembre prochain. Entre-temps, l’exigence américaine selon laquelle le manifeste de cargaison doit être disponible dans les bureaux des douanes américaines 24h avant le chargement du navire reste un point de litige. Positif par contre est le fait que le Sénat américain et la Chambre des Représentants ont convenu de laisser tomber la taxe de sécurité annoncée de 15 à 20 USD par container (voir encadré).
ExxonMobil implante un EDC pour les films plastiques à Aubange ExxonMobil a tout récement mis en service un nouveau centre européen de distribution (EDC) dédié pour sa division de production de films OPP, ExxonMobil Chemical Films Europe. Le centre est implanté à Aubange, dans la province du Luxembourg. L’intercommunale de développement Idelux, qui met très fort l’accent sur les projets logistiques, enregistre ainsi un nouveau succès, après entre autres l’implantation de l’EDC d’Autover à Bastogne. La gestion de l’entrepôt a été confiée au groupe de transport Jost.
Transpacifique: les surcharges “d’urgence” se profilent à l’horizon L’introduction de surcharges dites d’urgence (emergency surcharges) devient inévitable dans le secteur du transpacifique, pour compenser les coûts supplémentaires engendrés par la congestion et la situation de chaos qui règnent dans les ports de la côte ouest des Etats-Unis. Lors de sa dernière réunion, l’organisation TSA (Transpacific Stabilisation Agreement) n’est pas parvenue à réaliser un consensus entre ses membres sur un montant précis, ce qui a pour conséquence de laisser toute liberté d’action en la matière aux armements en question.
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