New Econ Line plans to expand services [SINGAPORE] Fledgling feeder operator, New Econ Line (NEL), says it has completed phase one of what has been a rapid growth strategy with the impending delivery of two new containerships and new services to Vietnam and Cambodia.
Leif Hoegh's profit soars
Ship sales
Air and Land Transport
M'sian airports to improve efficiency [KUALA LUMPUR] Malaysia will make efforts to improve productivity and efficiency at its airports as well as to seek other sources of revenue to avoid imposing higher aeronautical charges.
New Econ Line plans to expand services [SINGAPORE] Fledgling feeder operator, New Econ Line (NEL), says it has completed phase one of what has been a rapid growth strategy with the impending delivery of two new containerships and new services to Vietnam and Cambodia.
Leif Hoegh's profit soars
Ship sales
Air and Land Transport
M'sian airports to improve efficiency [KUALA LUMPUR] Malaysia will make efforts to improve productivity and efficiency at its airports as well as to seek other sources of revenue to avoid imposing higher aeronautical charges.
Bi-partisan support for Title XI Congressional friends of the shipbuilding industry have risen to the defense of the Title XI loan-guarantee program, sending a letter to President Bush Thursday asking for a $100 million infusion in the program.
Canada introduces bill to deregulate ocean shipping The measure allows individual shippers and carriers to negotiate confidential contracts.
Ray Kelly to head Bear Stearns security The former customs commissioner will be a senior managing director at the investment bank.
Maersk Sealand to resume east-west service at Singapore The new operation will not affect the carrier's decision to use Tanjung Pelepas in Malaysia as its Southeast Asia hub.
NIT League to campaign for rail reform Edward Emmett, the shipper group's president, did not disclose specific goals, but aides said the league will begin hammering out its plan at a meeting in Houston later this month.
Vastera buys Speedchain for $14 million
Canada approves rate increase for St. Lawrence River pilots
Frankfurt Airport plans to use IPO capital for expansion
AAPA criticizes Bush budget
MOL picks shipyards to build eight new Panamax containerships
Blue Water Bridge to get more funding for Canadian side
Plea for $100 million for Title XI Reacting to the Bush budget blueprint that would provide zero funding for Title XI in FY2002, several leading Congressmen have written the President asking that $100 million be budgeted for the program.
Ocean Rig starts arbitration proceedings Ocean Rig ASA announced today that it has commenced arbitration proceedings in London against Friede Goldman Halter, Inc. and Friede Goldman Offshore, Inc
Giant Sulzers ordered for post Panamax box ships Four Sulzer 12RTA96C low-speed diesel engines have been ordered by Odense Steel Shipyard A/S in Lind', Denmark,
Fednav: nouveaux tonnages en perspective Malgré le fait que les Grands Lacs nord-américains souffrent depuis quelques années d’un manque d’eau, il y a de nouveau de l’intérêt de la part de certains armateurs pour faire construire du tonnage approprié sans pour autant l’exploiter eux-mêmes. Dans ce contexte, l’opérateur canadien Fednav, grand spécialiste du trafic des Grands Lacs, joue un rôle déterminant.
France: le transport fluvial poursuit sur sa lancée La Belgique n’est pas le seul pays où la navigation intérieure redresse la tête et reconquiert des parts de marché. L’Allemagne (voir article en page intérieure) et la France en fournissent deux autres illustrations. En France, le transport par la voie d’eau a enregistré l’année dernière une hausse de 6,7% des volumes, à 58,7 millions de tonnes, et de 6,3% en prestations de transport, à 7,72 milliards de tonnes-kilomètres. La batellerie progresse plus vite que la route (+1,2%) et le rail (+6,2%), ses deux concurrents, constate avec satisfaction Voies Navigables de France.
Le port de Rouen serein face au projet de directive Pour caractériser l’attitude affichée par Rouen face au projet de directive européenne sur les services portuaires, il faut recourir à une image. La sérénité coiffe l’ensemble, mais elle repose sur quatre piliers: réflexion, vigilance, souplesse et fermeté. Cet ensemble vaut pour l’esprit du projet de directive, comme en ce qui concerne les interprétations faites à propos du financement des équipements, les fameux appels d’offres, ou encore la participation de l’autorité portuaire au capital d’une société en concurrence avec d’autres 100% privées.
Skuld chairman in shock resignation Chairman of Norwegian P&I club, Emil Gamborg, quits as crisis fears grow.
Investor builds big Frontline stake Neuberger Berman builds $90m stake in top tanker company.
Moller sets course for boxship giants Wartsila engine orders point to new Maersk Sealand ships being close to 10,000-teu.
Precious puts ships up for sale Thai owner to sell up to three tweendeckers to boost margins.
Norway to compensate shipowner's daughter Amelia Riis wins long fight against bankruptcy court handling of family estate.
Greece confirms date for ferry competition Shipping minister Christos Papoutsis has outlined plans to open Greek ferry routes up to European competition.
Maersk and PSA kiss and make up The Danish shipping line is to resume some direct calls at Singapore.
Jutha Maritime battles exchange losses Thai owner asks for forex deficits to be excluded from its 2000 results.
Cook Islands calls in troubleshooters The Pacific nation's government has called in outside experts to revive the struggling national shipping line.
Stokes to run dot.com association New maritime e-commerce organisation hires former OneSea manager Mark Stokes.
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