PSA Marine to buy stake in Aussie firm PSA Marine will buy a 20 per cent stake in Australian-listed Mermaid Marine Australia Ltd, in a A$7 million deal which gives the Singapore company access to support contracts of the continent's booming offshore oil and gas industry.
AP Moller's shipping unit doubles H1 profits
Ningbo port's exports at record high
New York port to deepen waterway
Air and Land Transport
US Airways asks court to reject labour agreements US Airways Group Inc has asked the court handling its Chapter 11 bankruptcy case for permission to cancel current labour agreements covering about 19,000 workers if it fails to negotiate less costly pacts with them.
PSA Marine to buy stake in Aussie firm PSA Marine will buy a 20 per cent stake in Australian-listed Mermaid Marine Australia Ltd, in a A$7 million deal which gives the Singapore company access to support contracts of the continent's booming offshore oil and gas industry.
AP Moller's shipping unit doubles H1 profits
Ningbo port's exports at record high
New York port to deepen waterway
Air and Land Transport
US Airways asks court to reject labour agreements US Airways Group Inc has asked the court handling its Chapter 11 bankruptcy case for permission to cancel current labour agreements covering about 19,000 workers if it fails to negotiate less costly pacts with them.
Hapag-Lloyd expands fleet Hapag-Lloyd today signed a contract for the long-term charter of four large containerships in order to increase its capacities in view of the ongoing growth in global container transport.
Warning lower revenue Roadway Roadway announced today that due to a slower than expected economic recovery, it has experienced tonnage and revenue levels that are slightly below internal projections.
New Schenker logistics center in Finland Schenker recently opened a new 14,500 m2 logistics center in Kouvola, Finland.
Frans Maas reports net profit of 5.7 million Eurropean forwarding and logistics group Frans Maas recorded turnover of 516 million euro in the first half of 2002, a fractionally higher figure than in the same period of 2001.
Maersk Sealand expects loss A.P. Moller, the Danish shipping, energy and industrial group, said after-tax earnings were good, but lower rates are pushing the division to a loss for all of 2002.
Kvaerner Philadelphia ratifies new labor contract Kvaerner Philadelphia's new union contract extends through December 2006.
Shipowners appeal INS treatment of crews A "Round Table" of shipowners' associations has written INS Commissioner James Ziglar complaining of harsh and inconsistent treatment of visiting seafarers
Germans seize Israeli military cargo ISRAEL'S defence ministry has confirmed reports that a shipment of Israeli military equipment destined illegally for Iran has been detained in Hamburg for the past two weeks.
Shipper fury as lines sit on Asia capacity CONTAINER lines moving cargo from Asia to Europe are scrambling to find space after a surge in demand caught most by surprise and left shippers fuming.
Hapag-Lloyd profits dip as volumes rise HAPAG-LLOYD has increased transport volume over the first half of this year, as predicted, but nevertheless suffered a huge drop in profits.
Troubled PGS in move to London DEBT laden US-Norwegian survey ship and floating production vessel owner Petroleum Geo-Services yesterday said its corporate headquarters would decamp to London as the first move in its lifeline restructuring plan, writes Jerry Frank.
NYK Line put in frame to buy Ceres Terminals JAPAN'S NYK Line is reported to have expressed interest in Ceres Terminals, the US container operator.
West Coast port labor talks hit snag Port employers rejected the latest contract offer from longshoremen, saying it repackaged proposals they had turned down at the start of negotiations.
Atlas Air names former TWA chief The all-cargo carrier named Jeffrey H. Erickson, a former president and chief executive of Trans World Airlines, to succeed Jim Matheny.
Intermodal continues hot run Intermodal traffic on U.S. railroads reached its highest weekly level in almost two years, according to the Association of American Railroads.
DSV: résultats semestriels en hausse mais inférieurs aux prévisions L’augmentation du bénéfice d’exploitation réalisé par le groupe de transport et logistique danois DSV au premier semestre de l’année a été inférieure aux 3% avancés. Cette prestation quelque peu décevante est attribuée à deux des quatre divisions du groupe, à savoir Air & Sea et Logistics.
AP Møller est parvenu à masquer la faiblesse du shipping Conformément aux obligations légales, le groupe danois AP Møller a rendu publics les résultats de ses deux compagnies cotées à la bourse de Copenhague pour le premier semestre de l’exercice en cours. Il l’a fait en adoptant une nouvelle présentation comptable, qui a eu pour effet de hausser considérablement la valeur des actifs. De plus, les résultats englobent pour la première fois ceux des compagnies affiliées, alors que n’étaient prises en considération précédemment que les dividendes de filiales comme Mærsk Inc USA, Mærsk Air et Mærsk Logistics. Conséquence: un bénéfice net en hausse de 2 milliards de couronnes danoises à 9 mia. de DKK (1,20 mia. d’USD), contre 7,4 mia. de DKK en juin 2001, ce qui s’est traduit par une hausse de respectivement 17% et 18% des actions des deux compagnies cotées à la bourse de Copenhague.
Bénéfice net en baisse de 45% pour Frans Maas Le groupe d’expédition et de logistique Frans Maas a enregistré au premier semestre un bénéfice net de 5,7 mio. d’EUR, soit 45% de moins que les 10,4 mio. d’EUR réalisés par l’entreprise au cours de la même période de l’an passé, mais c’est remarquablement mieux que les 1,9 mio. d’EUR du second semestre 2001.
La Deutsche Bahn évalue à plus d’un milliard d’EUR la facture des inondations Le bilan encore provisoire des inondations catastrophiques des dernières semaines s’élève pour la Deutsche Bahn à plus d’un milliard d’EUR. C’est ce qu’a déclaré à Berlin Harmut Mehdorn en présence du ministre des Transports Kurt Bodewig et du chancelier Gerhard Schröder.
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