EC proposes filing WTO complaint against S Korea THE European Union's head office yesterday recommended filing a complaint against South Korea at the World Trade Organisation over unfair pricing practices in its shipbuilding industry.
Maersk moves NZ service to Tanjung Pelepas port
CMA CGM banks on vessel size, speed
Daewoo sets higher goal of US$3.7b in orders
Adsteam's $500m acquisition finalised
Air and Land Transport
Cathay to start direct HK-NY service CATHAY Pacific Airways will start twice-daily nonstop flights between Hong Kong and New York on Sept 1, following the start of similar services by UAL Corp's United Airlines and Continental Airlines Inc.
BA admits delay in getting Concorde back in air
China Southwest Airlines considers leasing Airbus A319-100 jets
Biman in fresh bid to find strategic partner
Boeing likely to pick Dallas as new headquarters
JAL's cargo volumes down 6.7% in March
European airlines' March traffic up 1% as growth slows
Logistics
Painless recall of goods - any time, any place FOOD and mouth disease in the UK, benzene in Perrier water, contamination in Coke, genetically modified products - fast moving consumer goods manufacturers are running scared over the issue of a product recall.
EC proposes filing WTO complaint against S Korea THE European Union's head office yesterday recommended filing a complaint against South Korea at the World Trade Organisation over unfair pricing practices in its shipbuilding industry.
Maersk moves NZ service to Tanjung Pelepas port
CMA CGM banks on vessel size, speed
Daewoo sets higher goal of US$3.7b in orders
Adsteam's $500m acquisition finalised
Air and Land Transport
Cathay to start direct HK-NY service CATHAY Pacific Airways will start twice-daily nonstop flights between Hong Kong and New York on Sept 1, following the start of similar services by UAL Corp's United Airlines and Continental Airlines Inc.
BA admits delay in getting Concorde back in air
China Southwest Airlines considers leasing Airbus A319-100 jets
Biman in fresh bid to find strategic partner
Boeing likely to pick Dallas as new headquarters
JAL's cargo volumes down 6.7% in March
European airlines' March traffic up 1% as growth slows
Logistics
Painless recall of goods - any time, any place FOOD and mouth disease in the UK, benzene in Perrier water, contamination in Coke, genetically modified products - fast moving consumer goods manufacturers are running scared over the issue of a product recall.
EC proposes filing WTO complaint against S Korea THE European Union's head office yesterday recommended filing a complaint against South Korea at the World Trade Organisation over unfair pricing practices in its shipbuilding industry.
Maersk moves NZ service to Tanjung Pelepas port
CMA CGM banks on vessel size, speed
Daewoo sets higher goal of US$3.7b in orders
Adsteam's $500m acquisition finalised
Air and Land Transport
Cathay to start direct HK-NY service CATHAY Pacific Airways will start twice-daily nonstop flights between Hong Kong and New York on Sept 1, following the start of similar services by UAL Corp's United Airlines and Continental Airlines Inc.
BA admits delay in getting Concorde back in air
China Southwest Airlines considers leasing Airbus A319-100 jets
Biman in fresh bid to find strategic partner
Boeing likely to pick Dallas as new headquarters
JAL's cargo volumes down 6.7% in March
European airlines' March traffic up 1% as growth slows
Logistics
Painless recall of goods - any time, any place FOOD and mouth disease in the UK, benzene in Perrier water, contamination in Coke, genetically modified products - fast moving consumer goods manufacturers are running scared over the issue of a product recall.
Mineta meets with MTS leaders The Transportation Secretary took a step toward a maritime infrastructure funding program when he met with a private sector group last week.
Maersk Sealand shifts NZ service to Malaysia The carrier switched New Zealand service to the Port of Tanjung Pelepas, one of the last scheduled moves since it shifted from Singapore.
FedEx sees slowdown lingering FedEx Corp. said on Wednesday that the weak earnings environment will continue into its fiscal first quarter.
Turnaround for P&O Nedlloyd The carrier reported earnings of $18 million on revenue of $1.01 billion compared to a loss in the year-ago quarter.
New York Regional Rail opens Brooklyn transload
EU asks WTO action in shipyard dispute
Danzas acquires Colombian logistics firm
SAS sets D.C.-Copenhagen service
India opens eight more ports to edible oil imports
FGH stops work on Petrodrill rigs, car carrier Friede Goldman Halter yesterday stopped work on the two Petrodrill in its yards in Pascagoula, Miss., and Orange, Texas. Around 500 workers have apparently been laid off. The car carrier under construction for Pasha Hawaii is also reportedly affected
Northrop Grumman makes counterbid for NNS Northrop Grumman Corporation announced today that it has offered to acquire Newport News Shipbuilding.
Strong tanker market boosts Frontline earnings Frontline reports net income of $161.7 million for the first quarter of 2001, compared with net income of $1.0 million for the first quarter of 2000.
OSG income soars Overseas Shipholding Group, Inc. reported net income for the quarter ended March 31, 2001 of $40,363,000, or $1.19 per share, compared with net income of $5,013,000, or $.15 per share, in the first quarter of 2000.
Investor pressure sinks GoCargo web venture IN another blow to the hopes of maritime e-commerce, GoCargo, the online auction place for the container industry has finally ceased trading and is in the hands of its lenders, writes Mark Warn...
Mosvold Shipping slips Frontline noose Mosvold Shipping is negotiating the sale of most of its tanker fleet to other parties at higher prices, rather than accepting Frontline's $47m takeover bid, writes Tony Gray . ...
Listing fear over P&O Nedlloyd Fresh questions over the future shape of P&O Nedlloyd were raised yesterday as the shipping line's two shareholders missed an unofficial deadline on whether to proceed with a stockmarket...
Strong recovery into profit P&O Nedlloyd staged a strong recovery in the first three months of the year as throughput increased and freight rates strengthened, writes Janet Porter. The company posted a...
Cable work fit for a Princess UK shipowner James Fisher's penetration of the specialist cable-laying market has progressed with the delivery of the converted Oceanic Princess from Croatia's Viktor Lenac y...
Cho Yang relance des services dans d’autres conditions L’histoire du liner est parsemée d’exemples d’armements qui à un moment donné de leur existence ont connu de graves diffcultés, ont battu de l’aile pendant quelque temps et sont parvenus à refaire surface. Tout semble indiquer que l’armement sud-coréen Cho Yang Shipping Co, entreprise familiale, qui traverse une période de crise, dont nous avons déjà évoqué certains aspects dans ces colonnes, est en passe d’en sortir et s’apprête à prendre un nouveau départ. La situation financière étant en cours d’assainissement, l’heure de la relance est arrivée.
Premier pas des entreprises portuaires gantoises vers un lobbying plus efficace Les entreprises portuaires gantoises ont affirmé leur soutien aux plans visant à faire jouer au secteur privé un rôle de premier plan dans la promotion et le lobbying du port (voir LL du 26/4). L’initiative lancée par Paul Matthijs, administrateur délégué de Sidmar et Marc Devogele, directeur commercial de Watco, a donc trouvé un relais. Si tout se déroule comme prévu, les structures et le fonctionnement de tant l’Association des intérêts maritimes gantois (VGZ) que la Communauté portuaire de Gand (GH) vont connaître d’importantes modifications dans les prochains mois. La réforme de ces deux groupements doit être terminée pour le début de 2002. L’échevin du port, Daniël Termont, dit soutenir les plans et espérer une “nouvelle dynamique”.
E-terminal propose d’intégrer la manutention des containers sur internet Internet a démontré à plusieurs reprises au cours de ces dernières années qu’il était un medium efficace et orienté vers le consommateur. L’opérateur de terminal Hessenatie prouve à nouveau avec sa dernière application internet ‘e-terminal’ qu’internet est idéal pour accroître l’interaction avec la communauté portuaire et le secteur logistique. ‘E-terminal’ propose toute une série d’information 24h/24 ce qui permet aux entreprises de perdre moins de temps au téléphone pour des questions d’ordre opérationnel.
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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