Jurong Port secures two liner services JURONG Port has secured two new liner services, including a brand new alliance container operation, in its ongoing challenge to build box traffic.
Hapag-Lloyd interim profit dives 90%
Samudera's H1 container business dives into the red
Ship ploughs into Istanbul restaurant
Air and Land Transport
Virgin Blue plans multibillion dollar expansion: Branson BUDGET carrier Virgin Blue is mulling a major expansion involving 40 new aircraft and new international routes.
Jurong Port secures two liner services JURONG Port has secured two new liner services, including a brand new alliance container operation, in its ongoing challenge to build box traffic.
Hapag-Lloyd interim profit dives 90%
Samudera's H1 container business dives into the red
Ship ploughs into Istanbul restaurant
Air and Land Transport
Virgin Blue plans multibillion dollar expansion: Branson BUDGET carrier Virgin Blue is mulling a major expansion involving 40 new aircraft and new international routes.
NYK might buy Amsterdam terminal Japan's NYK Line has expressed interest in Ceres container terminal in Amsterdam.
CP Ships purchase of 4 ships CP Ships closed on its purchase of four ice-strengthened containerships, which were previously bareboat chartered. The closing price was $181.5 million.
Intermodal Traffic US high Intermodal traffic on U.S. railroads reached its highest level in almost two years during the week ended August 24, the Association of American Railroads (AAR) said.
British mail license for Deutsche Post Deutsche Post Global Mail, a subsidiary of Deutsche Post World Net, was granted a license for the delivery of mail in the UK by the British regulator, Postcomm.
'Final offer', United said United Airlines has made a 'final offer' to the unions to accept sweeping wage cuts as part of its efforts to gain a $1.8 billion loan guarantee from the US government.
UPS-employees approve contract UPS employees represented by the International Brotherhood of Teamsters have approved by a wide margin the new six-year contract negotiated in July 2002.
Loss for Evergreen, recovery predicted Evergreen Marine Corporation (Taiwan) Ltd has revealed a post-tax loss of NT$377,054,000 for the first half of 2002, largely as a result of the depressed state of the global container shipping market.
Bow Eagle officer 'hushed up' fatal collision An inquiry has heard how an officer on the bridge of the Bow Eagle thought "everything was okay" after the Odfjell-operated chemical tanker was in collision with a French trawler.
Stolt-Nielsen in major fleet renewal exercise The stainless steel vessels will be between 19,500 dwt and 32,000 dwt and, in terms of capacity, essentially represent a like-for-like replacement exercise.
ABP's Dibden Bay sums do not add up, claims industry study THE economics of building a new container terminal at Southampton are being challenged in a major study of Britain's ports industry, published at the weekend.
First-half losses turn Evergreen a deep shade of red Taiwan's Evergreen Marine Corp has, as expected, joined the ranks of container shipping giants reporting a first-half awash in red ink.
Capacity crisis as Asia demand soars Ocean carriers are turning away cargo bookings for United States and Europe destinations amid strong peak season demand.
Evergreen Marine loss in first half The Taiwan carrier became the latest casualty of the weak global container shipping market, reporting a post-tax loss of $11.04 million for the first six months of 2002.
Hapag-Lloyd expects later recovery The German container shipping line forecasts better second-half results on strengthening freight rates for cargo shipped out of Asia.
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