PSA likely to fully own HNN PSA Corporation is expected to take 100 per cent ownership of its Belgium subsidiary, Hesse Noord Natie , after partner CMB revealed it had exercised an option to sell its 20 per cent stake.
Antwerp port joins US pre-screening of boxes plan FIVE US Customs officers have started working in Antwerp, the world's third-largest container port, to prevent terrorist arms or explosives from being shipped to the US.
Lightering activities may have weakened hull of Prestige LIGHTERING activities may have contributed to hull damage in the months leading up to the Prestige oil tanker casualty in which the vessel broke into two and sank, soaking the coast of Spain with heavy bunker oil.
K&N's ocean shipments up 20% last year GLOBAL logistics provider Kuehne & Nagel said recently ocean shipment volumes were up 20 per cent in 2002 over the year prior, with total ocean volumes surpassing the one million TEU mark.
Air and Land Transport
Cathay turns in betterthan expected H2 profit CATHAY Pacific Airways, Hong Kong's biggest carrier, turned in a profit in the second half as faster economic growth in most of Asia lifted passenger demand and a US port strike boosted cargo shipments.
Air Hong Kong starts flights to Bangkok
United posts Jan loss; staff ownership near end
Thai Airways to hire cabin crew on 5-year contracts
Airbus plays down US Air's payment delay
jetBlue revises profit forecast
Newbuilds
For a safer fleet, think long-term THE recently announced multi-billion pound project to build two giant aircraft carriers for Britain's Royal Navy is somewhat out of the remit of this column but I couldn't help noticing, once again, that navies can take the long view when it comes to ordering ships.
PSA likely to fully own HNN PSA Corporation is expected to take 100 per cent ownership of its Belgium subsidiary, Hesse Noord Natie , after partner CMB revealed it had exercised an option to sell its 20 per cent stake.
Antwerp port joins US pre-screening of boxes plan FIVE US Customs officers have started working in Antwerp, the world's third-largest container port, to prevent terrorist arms or explosives from being shipped to the US.
Lightering activities may have weakened hull of Prestige LIGHTERING activities may have contributed to hull damage in the months leading up to the Prestige oil tanker casualty in which the vessel broke into two and sank, soaking the coast of Spain with heavy bunker oil.
K&N's ocean shipments up 20% last year GLOBAL logistics provider Kuehne & Nagel said recently ocean shipment volumes were up 20 per cent in 2002 over the year prior, with total ocean volumes surpassing the one million TEU mark.
Air and Land Transport
Cathay turns in betterthan expected H2 profit CATHAY Pacific Airways, Hong Kong's biggest carrier, turned in a profit in the second half as faster economic growth in most of Asia lifted passenger demand and a US port strike boosted cargo shipments.
Air Hong Kong starts flights to Bangkok
United posts Jan loss; staff ownership near end
Thai Airways to hire cabin crew on 5-year contracts
Airbus plays down US Air's payment delay
jetBlue revises profit forecast
Newbuilds
For a safer fleet, think long-term THE recently announced multi-billion pound project to build two giant aircraft carriers for Britain's Royal Navy is somewhat out of the remit of this column but I couldn't help noticing, once again, that navies can take the long view when it comes to ordering ships.
PSA likely to fully own HNN PSA Corporation is expected to take 100 per cent ownership of its Belgium subsidiary, Hesse Noord Natie , after partner CMB revealed it had exercised an option to sell its 20 per cent stake.
Antwerp port joins US pre-screening of boxes plan FIVE US Customs officers have started working in Antwerp, the world's third-largest container port, to prevent terrorist arms or explosives from being shipped to the US.
Lightering activities may have weakened hull of Prestige LIGHTERING activities may have contributed to hull damage in the months leading up to the Prestige oil tanker casualty in which the vessel broke into two and sank, soaking the coast of Spain with heavy bunker oil.
K&N's ocean shipments up 20% last year GLOBAL logistics provider Kuehne & Nagel said recently ocean shipment volumes were up 20 per cent in 2002 over the year prior, with total ocean volumes surpassing the one million TEU mark.
Air and Land Transport
Cathay turns in betterthan expected H2 profit CATHAY Pacific Airways, Hong Kong's biggest carrier, turned in a profit in the second half as faster economic growth in most of Asia lifted passenger demand and a US port strike boosted cargo shipments.
Air Hong Kong starts flights to Bangkok
United posts Jan loss; staff ownership near end
Thai Airways to hire cabin crew on 5-year contracts
Airbus plays down US Air's payment delay
jetBlue revises profit forecast
Newbuilds
For a safer fleet, think long-term THE recently announced multi-billion pound project to build two giant aircraft carriers for Britain's Royal Navy is somewhat out of the remit of this column but I couldn't help noticing, once again, that navies can take the long view when it comes to ordering ships.
O'Neil and de Palacio join hands against old tankers THE International Maritime Organisation and Brussels have agreed on "proactive action" for detecting structural weaknesses in ageing oil tankers, both single and double hull.
Ship polluters risk jail under latest Brussels crackdown BRUSSELS has adopted a proposal that will impose criminal sanctions - including jail - on those responsible for ship pollution, writes Roger Hailey.
Supreme Court dismisses Adriatic Tankers case NEW York's Supreme Court has dismissed the $600m lawsuit brought by Greek shipowner Panagis Zissimatos against the bondholders that invested in Adriatic Tankers in the mid-1990s, writes Nigel Lowry.
New bill asks 100-percent box checks Industry executives suspect politics behind Democrat's proposal requiring inspection of all U.S.-bound containers.
Morgan Stanley cuts UPS estimates An analyst cites doubts about the parcel company's ability to maintain new, higher freight rates.
FedEx hikes int'l. air freight surcharge Skyrocketing fuel costs force five-cent increase.
EU pushes U.S. to open ocean services
Shipowners could face EU fines, jail for pollution
Maersk confirms Atlantic capacity cuts Maersk Sealand is to cut its weekly Atlantic capacity by around 1,500TEU following a reorganisation of its TP-3/TA-3 pendulum service next month.
'Cargo is coming out of our ears' as 'non-existent' panamaxes herald recovery Encouraging fixture volumes and lengthening charter periods suggest an underlying confidence in the charter market that in overall terms remains buoyant with a further 2.2% surge in the index this week.
US Army accommodates boxes at congested Busan
Lykes has Alaskan reefer cargo in its sights
China Merchants signs Ningbo port deal
CK Line adds Hakata
Strong first half for Tauranga but Lyttelton counts costs
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