Modern Terminals may invest 5b yuan in Shanghai MODERN Terminals Ltd plans to invest as much as 5 billion yuan in Shanghai as one of Hong Kong's biggest port operators expands outside southern China for the first time.
No extension of deadline for 24-hr cargo manifests
Oil tanker rates rise as firms replace Venezuelan imports
S'pore opens maritime fire base at West Coast
Efforts resume to tow stricken tanker to port
Air and Land Transport
Airbus beats target with 303 deliveries last year AIRBUS SAS, the world's second largest maker of commercial aircraft, delivered 303 planes to airlines last year, topping its target and gaining market share on Boeing Co, people familiar with the company said.
Modern Terminals may invest 5b yuan in Shanghai MODERN Terminals Ltd plans to invest as much as 5 billion yuan in Shanghai as one of Hong Kong's biggest port operators expands outside southern China for the first time.
No extension of deadline for 24-hr cargo manifests
Oil tanker rates rise as firms replace Venezuelan imports
S'pore opens maritime fire base at West Coast
Efforts resume to tow stricken tanker to port
Air and Land Transport
Airbus beats target with 303 deliveries last year AIRBUS SAS, the world's second largest maker of commercial aircraft, delivered 303 planes to airlines last year, topping its target and gaining market share on Boeing Co, people familiar with the company said.
Amsterdam Ports record transhipment In 2002 Amsterdam Ports again achieved record transhipments of an estimated 70 million tons. With their 2.4 per cent growth the four port complex reached fourth position in northwest Europe, a spot previously held by Le Havre.
Dutch group to take stake in Air Lib The troubled French regional carrier Air Lib and the Dutch group IMCA have agreed that IMCA would take a 50 per cent stake in the airline.
US rail freight up Rail freight traffic on U.S. railroads was up sharply during the week ended January 4 in comparison with the first week of last year, the Association of American Railroads (AAR) reported.
NOL to pay Jacobs $4.3 million Neptune Orient Lines (NOL) said today its chief executive Flemming Jacobs would be paid $4.3 million for leaving his job early.
2 per cent less freight Lufthansa in 2002 Due to 'the weak economic climate' Lufthansa Cargo was hit hard in the fourth quarter of 2002. Last year Lufthansa Cargo transported 1.9 per cent less freight and mail.
Tankers banned by EU could head for U.S. Yesterday a Senate panel was warned that tankers barred from Europe by tough "post-Prestige" measures could well head for U.S. waters.
Ark Royal leaves Portsmouth as war clouds gather The Royal Naval aircraft carrier HMS Ark Royal, commanded by Captain Alan Massey, sailing out of Portsmouth Harbour on Saturday. The flagship of the UK navy, the aircraft carrier was at the head of the largest UK amphibious task force deployed since the Falklands War in 1982. As the threat of war with Iraq grows stronger, the 16-strong flotilla is officially sailing for long-planned naval exercises in the Far East.
Moody's in Carnival spirit with P&O Princess rating P&O Princess is beginning to see the beneficial influence on its credit rating from the proposed takeover by Carnival, the most highly-rated cruise major.
Newbuilds put on hold by Royal Caribbean MACROECONOMIC worries and the threat of war are said to have influenced a decision by Royal Caribbean, the debt-heavy Miami cruise operator, to extend options for two cruiseships - worth $800m at Meyer Werft - by another eight months.
Meyer Werft remains RCI's flexible friend Meyer Werft, the German shipbuilder, is not unduly worried over Royal Caribbean International's decision to extend the options for a fifth and sixth Radiance class newbuilding from January 10 to September 19.
Customs to enforce 24-hour rule Feb. 2 Commissioner Robert C. Bonner warned shippers and carriers will face fines and other penalties for not complying with the Customs Service's advance cargo manifest rule.
Evergreen will build Tacoma terminal In a boost for the Pacific Northwest, the 237-acre hub will be the largest proprietary container facility north of Los Angeles.
Lufthansa cargo edges down in 2002 Europe's biggest air cargo carrier said freight traffic slid nearly 2 per cent as the weakening global economy depressed business in the fourth quarter.
Report: Former NOL chief said poor results forced exit
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
