S'pore to host major maritime security meet THE need for heightened maritime security will be put under the spotlight at an unprecedented maritime security conference being held here later this month.
RCL rides high on waves of change
Carnival to seek EU nod again for merger
US hospital ship sets sail in build-up for possible war
Air and Land Transport
New US airport screening for bags goes smoothly KNOWING holiday travellers would be putting the country's new airport baggage-screening system to its first big test, Robert Chesniak gave himself 90 minutes to check his luggage on Sunday at O'Hare International Airport in Chicago.
S'pore to host major maritime security meet THE need for heightened maritime security will be put under the spotlight at an unprecedented maritime security conference being held here later this month.
RCL rides high on waves of change
Carnival to seek EU nod again for merger
US hospital ship sets sail in build-up for possible war
Air and Land Transport
New US airport screening for bags goes smoothly KNOWING holiday travellers would be putting the country's new airport baggage-screening system to its first big test, Robert Chesniak gave himself 90 minutes to check his luggage on Sunday at O'Hare International Airport in Chicago.
Legal against 4 EU members because of US customs deal The US Customs Service is seeking 'urgent clarification' after the EC announced recently it would start infringement proceedings against France, the Netherlands, Germany and Belgium for effectively bypassing the commission and signing bilateral CSI agreements with the US.
More cost cutting MOL MOL has a plan to reduce costs by 30 billion yen, double the original three-year plan, MOL President Kunio Suzuki stated.
Air cargo industry expects renewed expansion After a turbulent 2001 where air cargo traffic fell nearly 6 percent, 2002 showed signs of recovery with 2 percent to 3 percent growth, spurred by strong traffic in Asian and domestic markets. Boeing is forecasting 3 percent growth in 2003 and 2004.
NYK ordered to pay back taxes, penalties NYK, Japan's largest shipping firm, paid 2.7 billion yen in back taxes and penalties after being caught using companies in foreign tax havens to avoid paying corporate income tax in Japan, sources said.
December 2002 bad for KLM Cargo In December 2002, cargo traffic of KLM was at the same level as last year. As capacity was 3 percent higher year-on-year, cargo load factor decreased to 68.9 percent, down 2.4 percentage points on last year.
KLM down after warning KLM shares dropped nearly 7 per cent on Monday, till 9.20 euro, as the Dutch flag carrier warned it was unlikely to achieve a full-year operating profit for the year ending March 2003.
Seaspan orders world's largest containerships Canada's Seaspan Container Lines, in association with China Shipping, has ordered five containerships from Samsung that will be the world's largest , with a capacity of 8,100 TEU each.
Dyer Ellis & Joseph merges with Blank Rome Effective January 1, 2003, Philadelphia-based Blank Rome LLP, a law firm with more than 400 attorneys, combined with Washington, D.C.-based Dyer Ellis & Joseph P.C.
Jacobs forced out of NOL NEPTUNE Orient Lines chief executive Flemming Jacobs was sacked from the loss-making Singapore group yesterday, with no successor appointed.
Losses and P&O Nedlloyd deal flop sealed fate FLEMMING Jacobs failed in the one deal that would have assured a very different end to his career, writes Janet Porter.
UK prepares to outline Iraq charter details THE UK's armed forces are expected shortly to confirm details of the ships being chartered as part of the build-up for war on Iraq, perhaps as early as today, writes David Osler.
Ivanhoe seeks Japanese partners for Qatar project North America's Ivanhoe Energy is seeking the equity participation of Japanese companies in the $5bn gas-to-liquids project the company is negotiating in Qatar.
Brussels' beady eye unlikely to stop Carnival's Princess deal EUROPEAN anti-trust regulators are to scrutinise Carnival's proposed takeover of P&O Princess for a second time, but the cruise deal is expected to sail through unaltered, writes Tony Gray.
Congestion still choking U.S. ports Ports on both coasts are still digging out from the crush of cargo that continues to pile up four months after the West Coast shutdown ended.
Jacobs out at Neptune Orient Lines President and chief executive takes fall for tumbling stock price, weak results at parent of APL.
KLM warns of full-year loss Europe's fourth-largest carrier said cargo traffic weakened and warned it is unlikely to achieve a full-year operating profit.
Canada pinpoints ports as weak 'terror' link Government urged to research system to detect nuclear bombs in containers.
Venezuela oil exports still a fifth of norm Volumes stalled at 500,000 barrels per day as rebel PDVSA staff claim barge sinks.
Suez dues survive intact Fees for transiting the Suez canal frozen at 2002 levels.
NOL dumps Jacobs Board members to run Singapore liner giant as Flemming Jacobs given the push.
Fesco plots forward course Russian owner's boss Yevgeny Ambrosov promises second-hand shopping spree this year.
Newbuilding stranded off Channel Isles Grounded cargoship becomes big attraction in Guernsey.
Europe "to look again" at cruise merger Carnival and P&O Princess tie-up could face more scrutiny following dual-listing announcement.
Murmansk Shipping nets bigger profit Russian tanker owner boosted figures in first three quarters last year.
Investors mull Lithuanian buys Baltic state encouraged by renewed interest in Lithuanian Shipping and Klaipeda Transport Fleet.
Greece hands out six-month sentences for pollution Master and chief engineer of Turkish tanker freed pending appeal relating to dumping incident in Med.
Vicky salvage gets underway Salvors plan to tow damaged vessel to Dunkirk or Rotterdam.
Court rejects Prestige master appeal Apostolous Mangouras set to remain in Spanish jail unless bail put up.
NOL suspends shares Singapore container, logistics and tanker operator set to make an announcement at 09:00GMT.
P&O Nedlloyd boxship hits navy ship Two Singapore navy sailors killed and two missing after a collision off the Malaysian coast.
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