Iraq war expected to have little impact on tanker shipping TANKER executives expect little impact on their operations if war breaks out in Iraq, with most relying on tested shuttle measures used in the past.
Box volumes at S Korean ports pass 10m TEU mark CONTAINER cargo handled at South Korea's ports nationwide grew last year by 17 per cent over 2001 volumes, according to the country's maritime ministry.
Germany's largest shipyard to slash workforce GERMANY's biggest shipbuilder, HDW, said it will axe almost a quarter of its German work force because of intense competition for orders to make both merchant and military vessels.
Air and Land Transport
US airlines fight $25 fee to fly stranded passengers AT least three airlines - American Airlines, Delta Air Lines and Northwest Airlines - are fighting a US requirement that they fly passengers from defunct rivals for a US$25 fee.
Iraq war expected to have little impact on tanker shipping TANKER executives expect little impact on their operations if war breaks out in Iraq, with most relying on tested shuttle measures used in the past.
Box volumes at S Korean ports pass 10m TEU mark CONTAINER cargo handled at South Korea's ports nationwide grew last year by 17 per cent over 2001 volumes, according to the country's maritime ministry.
Germany's largest shipyard to slash workforce GERMANY's biggest shipbuilder, HDW, said it will axe almost a quarter of its German work force because of intense competition for orders to make both merchant and military vessels.
Air and Land Transport
US airlines fight $25 fee to fly stranded passengers AT least three airlines - American Airlines, Delta Air Lines and Northwest Airlines - are fighting a US requirement that they fly passengers from defunct rivals for a US$25 fee.
FPS under one brand in China Asian-based NVOCC and freight services provider, Famous Pacific Shipping Group, has started to unite its expanding operations in China under one brand as it targets the country for growth in the coming year.
Jinzhou port inflated figures Jinzhou Port Co Ltd mistakenly inflated annual sales for six years, the latest listed firm in China's murky corporate sector to own up to poor disclosure.
Deutsche Post invests in Sinotrans Deutsche Post World Net acquired a 5 percent share to a value of 52.5 million euro in Sinotrans Ltd., China's leading transport and logistics firm, at the Initial Public Offering.
Privatisation of Air France in 2003 The privatisation of flagship carrier Air France will take place towards the middle or end of 2003 if stock market conditions permit, Transport Minister Gilles de Robien told the French Senate.
Air France strike hits result Share price of Air France was down 1 per cent to 8,46 euro today after Air France warned yesterday that a strike by some of its pilots earlier this month triggered a loss of earnings of about 12 million euro in the current quarter.
Venezuela exports lag as PDVSA ramps up production VENEZUELA'S state oil company Petroleos de Venezuela has ramped up oilfield production to 1.4m barrels per day, but is struggling to push up exports, writes Martyn Wingrove.
BP sells North Sea gas fields to Perenco in $162m deal UK OIL major BP has sold a clutch of southern North Sea gas fields to London-listed independent Perenco in a $162m deal, writes Martyn Wingrove.
Shipowners urged to face up to new world of security TIME is short for shipowners to make the psychological leap needed to commit resources to the new world of maritime security, according to Global Marine Security Systems Co, the consultants called in to advise three leading classification societies on security compliance.
Tanker markets tight on US stock draw TANKER markets are tightening as US oil demand strengthens and global oil prices surge to 28-month highs.
Warsash and MRCI in training link MARINE Risk Consulting and Investigations and Warsash Maritime Centre have joined forces to provide a new training partnership to offer consultancy and training services to shipping and port firms, as required by the new international maritime security rules.
Customs' industry security program not so 'voluntary', says NCBFAA chief The Customs-Trade Partnership Against Terrorism is rapidly becoming de rigueur for companies in international trade, according to the trade group president.
Supertanker market surges The flagging market rebounded after Saudi Arabia, the world's biggest oil exporter, chartered 10 very large crude carriers to haul crude to the United States.
Deutsche Post buys stake in Sinotrans The German mail monopoly acquires a 5 percent stake in the Chinese logistics provider.
Forwarding giant breaks ranks over 24-hour rule Forwarding giant Exel has distanced itself from other NVOCCs battling ocean carriers for the right to keep the identity of their customers confidential when filing manifest information with US Customs.
Surging HNN volumes prop up waning PSA growth Continuing its recent trend, PSA Corp's January throughput surged 28% year-on-year, as recent Belgian acquisition Hesse Noord Natie (HNN) drove growth across the group.
'Fragile' Atlantic trades can't support more tonnage
TS Lines extends its Intra-Asia coverage
Risk of Iraq war hangs over liner trades
Australia launches random inspection of empty boxes
HK set to legislate for electronic manifests
Four-year recovery for drought-hit Australian meat exports
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