PSA's HNN threatens to block Antwerp concession changes PSA Corporation's Belgium subsidiary has slammed as 'deceptive' Antwerp Port Authority's talk of transferring a 'reserved' terminal concession to one of its competitors, and has threatened to effectively block or reverse any changes.
RCL steams into the black on forex gains A favourable exchange rate enabled Singapore-headquartered and Thai-listed feeder operator Regional Container Lines to turn around its 2002 bottom line, posting a 1.23 billion baht profit against a 297 million baht for 2001.
NOL arm wins US$220m Venezuela oil deal NEPTUNE Orient Lines' tanker arm American Eagle Tankers has won a US$220 million long-term contract to transport oil from Venezuela to Asia.
Ships warned of floating boxes in Malacca Straits SHIPS plying the narrow Malacca Straits are advised to be on a look out for dozens of floating containers that fell into the sea after two ships collided off Malaysia's southern Johor coast, an official said.
Hutchison sets up Shanghai port joint venture HUTCHISON Whampoa Ltd, controlled by Asia's richest man, Li Ka-shing, formed a 1.9 billion yuan port venture with the Shanghai government and two China-backed companies, its port unit said.
Tianjin opens direct Europe route TIANJIN Port, the largest port city in north China, opened a direct container shipping route to Europe.
Air and Land Transport
MAS to focus on region, boost flights from E M'sia MALAYSIA Airlines will focus more on Asia-Pacific destinations and beef up its eastern hub operations.
Computer glitch continues to delay flights in Japan
PSA's HNN threatens to block Antwerp concession changes PSA Corporation's Belgium subsidiary has slammed as 'deceptive' Antwerp Port Authority's talk of transferring a 'reserved' terminal concession to one of its competitors, and has threatened to effectively block or reverse any changes.
RCL steams into the black on forex gains A favourable exchange rate enabled Singapore-headquartered and Thai-listed feeder operator Regional Container Lines to turn around its 2002 bottom line, posting a 1.23 billion baht profit against a 297 million baht for 2001.
NOL arm wins US$220m Venezuela oil deal NEPTUNE Orient Lines' tanker arm American Eagle Tankers has won a US$220 million long-term contract to transport oil from Venezuela to Asia.
Ships warned of floating boxes in Malacca Straits SHIPS plying the narrow Malacca Straits are advised to be on a look out for dozens of floating containers that fell into the sea after two ships collided off Malaysia's southern Johor coast, an official said.
Hutchison sets up Shanghai port joint venture HUTCHISON Whampoa Ltd, controlled by Asia's richest man, Li Ka-shing, formed a 1.9 billion yuan port venture with the Shanghai government and two China-backed companies, its port unit said.
Tianjin opens direct Europe route TIANJIN Port, the largest port city in north China, opened a direct container shipping route to Europe.
Air and Land Transport
MAS to focus on region, boost flights from E M'sia MALAYSIA Airlines will focus more on Asia-Pacific destinations and beef up its eastern hub operations.
Computer glitch continues to delay flights in Japan
Growth air cargo US American air cargo was up 6.9 per cent in January 2003, compared to January 2002. Atlantic traffic was up 8.2 per cent, Pacific traffic 13.5 per cent.
CSX and the Carlyle complete conveyance of CSX lines CSX Corporation and The Carlyle Group, a global private equity firm, announced today that they have completed the conveyance of CSX Lines, LLC, from CSX to a venture formed with The Carlyle Group.
New CSXT chief operating officer Michael J. Ward, CSX Corporation chairman, president and chief executive officer, has named Alan F. Crown as executive vice president and chief operating officer of CSX Transportation.
Frans Maas expands in Lithuania Frans Maas will take a 20 per cent interest in Eurotolis, Lithuania, and an option to increase its stake further with effect from March 2003.
UPS with Hong Kong-Philippines flights UPS initiated a daily cargo flight from Hong Kong to its Asian hub in the Philippines. UPS's export volume from Hong Kong rose 15 per cent.
Atlas Air earns with war transport Atlas Air doesn't expect to complete its ongoing re-audit of its 2001 and 2002 results by the end of the first quarter.
Study shows military needs MSP fleet The United States military would be unable to deploy and sustain its forces worldwide without using privately owned, U.S.-flagged commercial vessels
Turkish government forces US to rethink Iraq attack plan THE Turkish government rushed on Sunday to repair ties with Washington after its parliament blocked a proposal to allow a US attack on Iraq through Turkish territory.
Cosco and PSA bid to launch joint Singapore terminal CHINA Ocean Shipping Company is in talks with PSA Corp about owning or establishing a joint venture container terminal in Singapore, writes Marcus Hand in Singapore.
American Eagle deal 'at odds' with sale by NOL NOLsubsidiary American Eagle Tankers is to build three more very large crude carriers for a $220m long-term contract it has won with Venezuela's PDVSA.
Clarkson offers chance to buy ships on benchmark data SHIPBROKER H Clarkson has launched a derivative product which allows users to take paper positions in the secondhand market for dry bulk tonnage.
Lloyd's List Focus- Maritime security under the spotlight LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.
HNN threatens to scupper Antwerp concession deal Hesse Noordnatie (HNN) today threatened to unravel a freshly-announced transfer of terminal concessions in Antwerp's Deurganckdok, as it reaffirmed a prior claim to the unallocated West 3 concession.
PSA 'positive' on Singapore terminal ownership for COSCO COSCO said that it has received 'a positive response from PSA Corp' in high-level talks on buying a Singapore terminal.
US Customs denies stress on AMS filing system
Antwerp: Last Deurganckdok concession still to be disputed
New Copenhagen role for Maersk HK's golden boy
Exel dismisses ocean carriers' logistics threat
Innovation to squeeze conventional cargo into containers
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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