HK port urged to upgrade IT, services to stay ahead WITH growing competition from new ports just across the border in southern China, Hongkong must look to technology and backup services such as logistics to maintain its dominant position, the Hongkong No 2 box-handler says.
Hyundai Merchant's 3rd qtr profits down 37%
Air and Land Transport
Qantas expects profit to stay largely unchanged [SYDNEY] Qantas Airways expects to record an operating profit for the six months to December at a similar level to the corresponding period last year, company chairman Margaret Jackson said.
Macau, Pakistan sign air services accord
TWA, America West strike code-sharing deal
BAA buys US aviation firm for '106.2m
Airborne to pump US$30m into new business
Antonov plane crashes in Angola, killing all aboard
Hainan Air to launch joint venture
Features
OOCL eyeing 7,500-TEU ships THE next generation of huge container ships appears to be just over the horizon, with one big Asian player in advanced talks and another from Europe reported ready to begin.
HK port urged to upgrade IT, services to stay ahead WITH growing competition from new ports just across the border in southern China, Hongkong must look to technology and backup services such as logistics to maintain its dominant position, the Hongkong No 2 box-handler says.
Hyundai Merchant's 3rd qtr profits down 37%
Air and Land Transport
Qantas expects profit to stay largely unchanged [SYDNEY] Qantas Airways expects to record an operating profit for the six months to December at a similar level to the corresponding period last year, company chairman Margaret Jackson said.
Macau, Pakistan sign air services accord
TWA, America West strike code-sharing deal
BAA buys US aviation firm for '106.2m
Airborne to pump US$30m into new business
Antonov plane crashes in Angola, killing all aboard
Hainan Air to launch joint venture
Features
OOCL eyeing 7,500-TEU ships THE next generation of huge container ships appears to be just over the horizon, with one big Asian player in advanced talks and another from Europe reported ready to begin.
HK port urged to upgrade IT, services to stay ahead WITH growing competition from new ports just across the border in southern China, Hongkong must look to technology and backup services such as logistics to maintain its dominant position, the Hongkong No 2 box-handler says.
Hyundai Merchant's 3rd qtr profits down 37%
Air and Land Transport
Qantas expects profit to stay largely unchanged [SYDNEY] Qantas Airways expects to record an operating profit for the six months to December at a similar level to the corresponding period last year, company chairman Margaret Jackson said.
Macau, Pakistan sign air services accord
TWA, America West strike code-sharing deal
BAA buys US aviation firm for '106.2m
Airborne to pump US$30m into new business
Antonov plane crashes in Angola, killing all aboard
Hainan Air to launch joint venture
Features
OOCL eyeing 7,500-TEU ships THE next generation of huge container ships appears to be just over the horizon, with one big Asian player in advanced talks and another from Europe reported ready to begin.
EU set for WTO action against Korea shipyards The European Union is about to begin an in-depth probe of alleged unfair trading practices by South Korean shipbuilders that could lead to a highly controversial complaint to the World Trade Organization next year.
Maersk Sealand will halt direct weekly service to Port of Boston Massport director Michael A. Leone says that the carrier will continue to serve shippers, but will do so by transshipping containers through Halifax or New York.
Why shippers fear rail deregulation Talk of abolishing the Surface Transportation Board spurs misconceptions, truths.
Lowe's improves supply chain with Celarix
EGL taps Danzas exec Laccona for international COO
Auto trade drives A.C.L.N. growth
Lynden Air Freight adds Charlotte, Denver centers
Mexican trucking group threatens protests against US-backed local haulers
China, Macao sign air services agreement
P&O Nedlloyd records best quarterly financial/traffic performance
Le Finanze assolvono la società pubblica per il sovrapprezzo sui biglietti Tirrenia-Moby, nuovo round Ora è il gruppo partenopeo a ribaltare le accuse di concorrenza sleale sulla compagnia di Onorato
I cantieri attaccano Bruxelles: «Troppo morbidi con la Corea»
Ordini boom per le imbarcazioni a doppio scafo Shopping italiano di cisterne hi-tech
Sbarca a Napoli la società leader nella formazione
Giant hint by bullish P&O Nedlloyd P&O NEDLLOYD could be operating containerships of up to 10,000 teu by 2003, top management predicted yesterday when announcing record third quarter profits.
Bodewig replaces disgraced Klimmt GERMANY has a new transport minister, Kurt Bodewig, after Reinhard Klimmt stepped down yesterday following a fine for complicity in embezzlement.
Ugland in new switch TSUNEISHI Shipbuilding has agreed to a revision to a contract fronted by Norwegian shipowner Johan Benad Ugland under which an existing order for two 76,000 dwt panamax bulkers will be replaced by a 106,000 dwt aframax tanker.
The 5,900-car PCCs Aniara and Tosca The 5,900-car PCCs Aniara and Tosca, which have been laid up in Zeebrugge since June, will be transformed into a university centre to house students attending courses in the Gothenburg and Stockholm universities. In total 700 flats of about 25-30 sq m should be built in the ships' garages. Built in Japan in 1978, the Aniara and Tosca had.
Brussels port plan hits snags THE European Commission is battling to keep its ports reforms on track in the face of perceived French divergence and British criticism.
Blinking bridge ready for river move TYNESIDE'S massive Millennium Bridge is all set to move into place this weekend, writes Nigel Green.
Scandlines staff fear Rahe bid THE engineers' union at Scandlines Danmark has strongly attacked one of the two bidders for the Scandlines AG group, saying he does not have a coherent business plan to develop the company should he be successful in acquiring it.
Industry told to break societies' safety hold AN ATTACK on the role of commercial classification societies as the arbiters of ship safety was made at the Lloyd's List Ship Repair Conference yesterday.
P&ONL en route vers une bonne rentabilité Tout semble indiquer que l’armement anglo-néerlandais P&ONL s’est enfin engagé sur la voie d’une bonne rentabilité. Le troisième trimestre confirme le redressement qui s’est manifesté depuis le début de l’année. Le chiffre d’affaires est passé à 1,08 milliard de dollars (contre 957 mio. d’USD pour la période correspondante de l’année précédente), tandis que le bénéfice opérationnel avant intérêts et impôts a atteint 75 mio. d’USD (contre 16 mio. en 1999), soit 31 mio, de plus par rapport au deuxième trimestre de cette année, et que le bénéfice avant taxes, intérêts déduits, s’est établi à 60 mio. (contre 0).
L’infrastructure ferroviaire est la clef de la relance du trafic fret La première conférence européenne sur les infrastructures ferroviaires vient de se tenir à Paris (cf. LL du 10/11). Elle a fourni l’occasion de souligner que l’importance des gestionnaires reste méconnue. Pourtant, de l’avis quasi unanime des intervenants, ces gestionnaires jouent déjà un rôle déterminant dans l’Europe des transports, notamment en matière de fret. Or, cette activité a grand besoin d’être relancée. Des idées pour y contribuer ont été avancées.
Lufthansa Cargo scinde son organisation en business units Lufthansa Cargo va scinder son organisation en trois business units indépendantes et responsables de leurs propres résultats. L’opération de restructuration a été baptisée “Cargo Development” et prend effet au 1er janvier prochain. LCAG va en outre investir dans des appareils MD11. Le pôle logistique du groupe aérien allemand s’attend à réaliser cette année le meilleur résultat de son histoire.
Le gouvernement congolais exige la transparence des coûts du transit portuaire Les chargeurs, transitaires et représentants d’armements opérant au Congo vont pouvoir respirer quelque peu. Pour la première fois, le gouvernement de Kinshasa hausse le ton et exige une plus grande transparence des coûts du transit portuaire, dans un souci de réduction de ces coûts.
Argent plans next LNG moves LNG shipowner Argent Marine Operations Inc may be about to lose its two LNG carriers to Shell but it has new gas ventures up its sleeve.
End of the road in sight for older LNG carriers Owners will need to start thinking about replacing some of their existing LNG tonnage within the next few years.
Veritas DGC orders seismic ship The Houston-based seismic company has made it a hat-trick of ship orders in Norway.
Hvide speculates on workboat duo The US operator is buying two second-hand workboats to cash in on booming rates in the US Gulf.
Cruise lines agree to monitor waste in Alaska Top executives from major cruise lines have agreed to work together to achieve the clean water goals of Alaskan Governor Tony Knowles.
Greece to float Hellenic Shipyards Legislation to pave way for listing of loss making Skaramanga yard on Athens Stock Exchange.
Mosvold orders VLCC The Norwegian shipowner is exercising an option for a 308,000 dwt vessel with Samsung.
Star Cruises boss quits Colin Au, president and CEO of Star Cruises, resigned on Thursday on medical grounds, the company said.
Pollution fine for Stena Ugland Owners of North Sea shuttle tanker convicted over oil pollution.
Profits down at P&O Stena Line Earnings fell at UK ferry operator P&O Stena Line in the first nine months, despite a good third quarter.
Osprey puts VLCCs up for sale Singapore shipowner Osprey Maritime is testing the market to see just how much large tankers are worth.
Record quarter propels P&O Nedlloyd into profit Container giant P&O Nedlloyd's best ever three-month results pulled the Anglo-Dutch company out of the red.
Mitsubishi Heavy Industries cuts losses An increase in ship sales has helped cut losses at Japan's largest shipbuilder.
LNG rates move into six figures Osprey deal sets the pace as LNG carrier rates soar in a market bereft of free tonnage.
Pan Ocean books bulker orders The Korean handysize bulker operator has placed orders for new handymax tonnage at a domestic shipyard.
Sonatrach and Itochu mull LNG ship tie up Two partners of 30 years believe there is a need for a new LNG shipowning venture.
IMC orders tanker in China The Hong Kong-listed shipowner has grabbed an early 2003 delivery slot for a handysize product tanker.
OOCL Envoy held in Australia The Hong Kong liner operator's containership was among ten ships to fall foul of Australian port state control last month.
Seafarer killed in boxship explosion An explosion killing one seafarer and injuring two others has hit a Norwegian-owned containership.
MTC on the acquisitions trail Richard du Moulin's Marine Transport Corporation has asked mergers and acquisitions specialist ING Barings to plot a path to expansion.
EC blasts Korean shipbuilders in new report The European Commission's latest report into alleged low price offers at Korean yards says the Asian country is still to blame for the struggling worldwide market.
Torm orders another products tanker Danish products tanker owner Torm has sold and chartered back one tanker in order to buy another, boosting its pre-tax profit forecast yet again.
Swedish Orient Line teams up with Pol-Levant The Swedish liner company has agreed to work together with Poland's Pol-Levant on services between Scandinavia and the Med.
Reefer market sends shiver through Nomadic Norway's reefer player Nomadic Shipping has announced further losses for the first nine months of 2000.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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