Maersk to divide Asia into 4 business units INTERNAL restructuring at Maersk Seal - the world's largest container shipping line - will see its Asian region business carved into four separate areas from July 1, coinciding with the retirement of its Singapore-based chief executive.
Quick end to Iraq war may boost business: Precious THAILAND's Precious Shipping said a dwindling global fleet meant the ship-leasing industry was brisk even in a slow economy and reconstruction after a possible Iraq war could spur its business.
Arab shipyard covers cost of customers' war insurance ARAB Shipbuilding and Repair Yard Co , the largest in the Middle East, is covering the extra insurance cost of shipowners wanting to enter the Persian Gulf, which is considered a war zone, to use its facilities.
Contship adds 3 loops to Australasia-Asia services CONTSHIP Containerlines has boosted its Australasia-Asia services in line with trade growth, offering three new loops.
Rotterdam port's throughput up 2.4% EUROPE's busiest port, Rotterdam, enjoyed a 2.4 per cent increase in total throughput last year, and handled 5.9 per cent more containers by weight, the authority has confirmed.
Air and Land Transport
China plans to reform its lagging civil aviation sector CHINA's entire civil aviation industry needs to 'reform and open up' to meet international standards and the phenomenal demand growth of the coming 20 years, the head of its civil aviation administration said in Singapore yesterday.
Airbus wins US$2b deal to supply jets to Indian Airlines
Maersk to divide Asia into 4 business units INTERNAL restructuring at Maersk Seal - the world's largest container shipping line - will see its Asian region business carved into four separate areas from July 1, coinciding with the retirement of its Singapore-based chief executive.
Quick end to Iraq war may boost business: Precious THAILAND's Precious Shipping said a dwindling global fleet meant the ship-leasing industry was brisk even in a slow economy and reconstruction after a possible Iraq war could spur its business.
Arab shipyard covers cost of customers' war insurance ARAB Shipbuilding and Repair Yard Co , the largest in the Middle East, is covering the extra insurance cost of shipowners wanting to enter the Persian Gulf, which is considered a war zone, to use its facilities.
Contship adds 3 loops to Australasia-Asia services CONTSHIP Containerlines has boosted its Australasia-Asia services in line with trade growth, offering three new loops.
Rotterdam port's throughput up 2.4% EUROPE's busiest port, Rotterdam, enjoyed a 2.4 per cent increase in total throughput last year, and handled 5.9 per cent more containers by weight, the authority has confirmed.
Air and Land Transport
China plans to reform its lagging civil aviation sector CHINA's entire civil aviation industry needs to 'reform and open up' to meet international standards and the phenomenal demand growth of the coming 20 years, the head of its civil aviation administration said in Singapore yesterday.
Airbus wins US$2b deal to supply jets to Indian Airlines
Sinotrans IPO 1-5 times covered Sinotrans Ltd., one of China's leading freight forwarders, has seen its initial public offering from overseas institutions subscribed by between one and five times so far.
APL Logistics with Carmichael APL Logistics has appointed Carmichael International Service to provide its clients with fully integrated Customs brokerage service.
United Airlines plans new low-cost line United Airlines plans to return to profitability through a combination of reducing costs, launching a low-cost carrier and using more regional jets.
Delta chiefs take pay cuts Delta Air Lines' chief executive and president will take only 10 percent pay cuts to help trim costs, while other executives will give up 8 percent of their wages, according to a memo to Delta employees.
Contship enhances presence in Australasia-Asia trades Contship Containerlines has finalised three new slot charter agreements to supplement its presence in the trades from Australia and New Zealand to various markets across Asia.
EC strikes 8 from its list of 66 banned vessels Retracting eight vessels from its 66 vessel blacklist and moderating its fiery post-Prestige rhetoric, the European Commission (EC) now appears to be softening its stance on the issue of black-listing vessels.
'Airlines losses $ 5-10 billion in 2003' Members of the International Air Transport Association may have a combined loss between $5 billion and $10 billion in 2003, Sydney-based Centre for Asia-Pacific Aviation said.
London P&I Club posts bail to buy liberty for Mangouras The family of Apostolos Mangouras, Greek master of the Prestige , are preparing to fly to Spain to welcome him back to liberty, after London P&I Club agreed to provide his E 3m ($3.24m) bail.
Lyras slams Europe over places of refuge EUROPEAN countries have been criticised by Greek shipowners' leader John Lyras for allegedly passing the buck for pollution incidents solely on to shipowners.
Cracks found on single-hull Arendal at Shetland THE debate on single hull tankers in European waters looked set to reopen yesterday, when a ship on charter to BP was detained at Sullom Voe after two foot-long cracks were discovered on deck, writes David Osler.
Maersk Sealand opts for more flexibility MAERSK Sealand is restructuring its global business into 15 different areas with an aim of securing "continued profitable growth" for its container shipping business.
New contract for Teamsters, truckers Agreement with less-than-truckload carriers calls for 3.4 percent wage hike over five years.
Ports need radical changes: Lanier Congestion solution requires industry-wide rethinking, according to the executive director of the West Coast Waterfront Coalition.
Hong Kong coping with 24-hour rule Boxes continue to flow despite confusion, lack of preparedness among shippers.
Canada promotes increased trade with US
Carriers pleased with new cargo portal
FMC schedules open meeting
Lykes inks Med-Gulf space charter deals
American Airlines launches S. American express service
Port supplier hits out at HPH in terminal row as MSL confirms move Hutchison Port Holdings (HPH), faced with the impending departure of Maersk Sealand (MSL) from its Jakarta International Container Terminal (JICT), is using its muscle to pressure an Indonesian rival.
NZ insurers call for obligatory reporting of boxes lost at sea
Maersk prepares to exploit TransSiberian cargo volumes
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