Losses from Chennai strike hit US$23m THE ongoing work stoppage by stevedores at India's second busiest container port at Chennai - now in its 17th day - has resulted in mounting losses to industry, port and shipping lines now estimated at US$23 million.
MTMC to privatize containers The Military Traffic Management Command has decided to contract with a single private company to manage its fleet of 10,000 containers.
Slow growth for global trade: WTO The World Trade Organization predicted a 7% rise in global trade this year, but later admitted it might have been too optimistic.
B2B exchanges: turmoil and transformation The once-promising field of business-to-business exchanges is undergoing painful change.
Descartes narrows loss The supply chain management software provider also reported an operating profit of $4.5 million for the first quarter.
APL acquires American Automar The $50 million deal will allow Automar to continue to offer military services as an independent company.
American Eagle to fly solo in double listing FOLLOWING months of speculation, Singapore's Neptune Orient Lines is to list its US-based tanker subsidiary American Eagle Tankers, to fund expansion of its fleet. NOL said it plans t...
Welch breaks ranks with bid for Cammell Teesside yard THE sale of the insolvent shiprepair and shipbuilding specialist Cammel Laird started to pick up pace yesterday after the first concrete bid for one of the group's UK yards landed on receiver...
New snags hit talks on sale of Costa Classica section TALKS between Lloyd Werft, the German shipyard specialising in cruise vessels, and Cammell Laird to buy the mid-ship section for the 53,000 gt cruiseship Costa Classica have hit further stumbling b...
Todd goes as British Marine alters course BRITISH Marine, described as the leading insurer for shipowners' fixed price protection and indemnity insurance, is dismissing seven staff including top underwriter Stuart Todd. It is...
DFDS Tor Line opte résolument pour des navires plus grands DFDS Tor Line a passé une commande au constructeur naval allemand Flensburger Schiffbau-Gesellschaft pour trois nouveaux navires rouliers pur fret. L’armement a en outre pris une option sur cinq unités du même type. Il s’agit de navires dont la capacité est supérieure de près de la moitié à celle des plus grands navires de la flotte actuelle de l’opérateur ro/ro et qui pourront atteindre une vitesse de 22 noeuds. Les nouvelles unités seront en premier lieu affectées aux services entre Esbjerg au Danemark et Immingham au Royaume-Uni (le service “BrittanniaBridge”) et entre Gand et Göteborg en Suède (“EuroBridge”). Le premier navire de la nouvelle série sera mis en service en septembre 2003.
Nissan Diesel dégage des bénéfices pour la première fois en quatre ans Nissan Diesel a annoncé que ses efforts de restructuration et d’assainissement commencent enfin à porter leurs fruits. Pour la première fois depuis quatre ans en effet, le constructeur nippon de camions a réalisé des bénéfices au cours de l’année comptable écoulée (clôturée au 31 mars). Structurellement, l’entreprise va mieux, mais la dette demeure encore très élevée, trop en tout cas pour que Nissan et Renault SA, qui détiennent chacun 22,5% des actions, ne puissent envisager un rapprochement avec Volvo Truck. Nissan Diesel a d’ailleurs annoncé un rapprochement dans les moteurs de moyenne cylindrée avec son concurrent Hino (voir l’encadré).
Palfinger introduit un nouveau système de manutention latérale Le groupe Palfinger a présenté à la foire-exposition Transport & Logistic à Munich le “Mobiler” un nouveau système de transfert de caisses mobiles en rail-route. Le châssis du camion est équipé aux extrémités d’un système hydraulique permettant de transférer latéralement un container ou une caisse mobile d’un wagon sur sa plate-forme (ou l’inverse).
Mainport Delta lance une base de données des terrains industriels sur internet Mainport Delta est le nom sous lequel sera promu l’accord de collaboration transfrontalière entre les administrations provinciales d’Anvers, du Brabant néerlandais, de Flandre orientale, de Flandre occidentale, de Zélande, de Hollande-méridionale et quelques villes et ports. Le premier projet concret de la région du delta Rhin-Escaut (RSD) a été présenté hier à Anvers lors d’une journée Mainport Delta: le site internet Mainport Delta, un système d’information en ligne sur les terrains industriels, accessible tant aux entrepreneurs potentiels qu’aux promoteurs, chercheurs ou décideurs politiques.
NOL unveils tanker arm listing plan Neptune Orient Lines has given the green light to list its tanker-owning subsidiary.
Carnival to receive $497m from Airtour sale The sale of Carnival's 123.3m Airtour shares is expected to close on 1 June.
Cosco Investment details handymax buys Singapore's Cosco arm has bought two handymax bulker resales from Japan.
Jiangnan wins train ferry order Shanghai yard inks first ferry newbuilding deal.
Container traffic set to jump at Vancouver OOCL, NYK and Lykes Lines will deliver their US-bound container shipments via Vancouver port for the first time.
Finnish flag exodus threat returns Ferry firms in Finland are baffled by "disappointing" state subsidies and may look elsewhere to register ships.
Babcock seeks to maintain control of HDW German group plans to increase stake in Kiel yard after share swap with ThyssenKrupp.
Christer Olsson steps down Wallenius Lines veteran chief executive to be replaced by 35 year old.
Norsk Hydro quits ship management Cost cuts lead to technical operation of five LPG carriers going to Barber.
Hitachi Zosen profits rise Japanese shipbuilder Hitachi is forecasting increased earnings for the coming year.
Namura doubles profits Japan's Namura Shipbuilding Corp continues to raise its game.
UAE bans 10 nations The United Arab Emirates is blacklisting certain flags after a recent oil spill involving a Georgian tanker.
Kawasaki boss to head Japan Ship Exporters Toshio Kamei has a new role to play among Japan's shipbuilders.
Romania impounds tanker Mesta Coast guard officials have pulled in a damaged aframax tanker for non-payment of rescue fees.
Corinth Canal strike looks set to drag on Greek workers are standing firm in opposition to Sea Containers' concession to run the waterway.
Spotlight falls on Norwegian Sky autopilot Coast Guard investigations into last weekend's listing incident will look at the ship's autopilot system.
EU and Korean negotiators to meet Monday The two teams will meet in Seoul next week to try to resolve the dispute over alleged subsidies.
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