Revamp of liner business key to survival: MOL chief STRUGGLING liner businesses need to revamp operations and tighten cost controls, according to Mitsui OSK Lines president, Kunio Suzuki.
AP Moller's tanker, liner profits down 65% last year
Work on Antwerp's terminal expansion to resume after permit is renewed
Hapag Lloyd unit's purchase of European rail logistics gets nod
Norwegian Star rescues 11 crew of crippled tanker
Air and Land Transport
Room for bomb detectors to cost US airports US$2b US airports face at least US$2 billion in construction costs to make room for machines to detect explosives.
Revamp of liner business key to survival: MOL chief STRUGGLING liner businesses need to revamp operations and tighten cost controls, according to Mitsui OSK Lines president, Kunio Suzuki.
AP Moller's tanker, liner profits down 65% last year
Work on Antwerp's terminal expansion to resume after permit is renewed
Hapag Lloyd unit's purchase of European rail logistics gets nod
Norwegian Star rescues 11 crew of crippled tanker
Air and Land Transport
Room for bomb detectors to cost US airports US$2b US airports face at least US$2 billion in construction costs to make room for machines to detect explosives.
Evergreen to leave PSA terminal Evergreen's long-term agreement with PSA will not be extended now.
EU approval acquisition of Brambles The European Commission has approved the acquisition of the European rail logistics activities of the Australian Brambles Group by Hapag-Lloyd and VTG-Lehnkering in cooperation with the bankers M.M.Warburg & CO.
MOL expands Trans-Atlantic service MOL is expanding its Trans-Atlantic service profile with the addition of calls at Bremerhaven, Savannah, and Los Angeles on the carrier's APX Service and a westbound call at Halifax on the company's ATN Service.
Extra Alameda Corridor fee Containerised cargo that passes through the ports of Los Angeles and Long Beach and continues on to the eastern half of the USA by rail will have an extra USD 15 per Teu fee tacked on beginning April 15.
Airline shares hit by oil price Investors baled out of major European airlines as oil prices continued to surge amid fears that the violence in the Middle East could escalate further and disrupt supplies of crude.
"Bright" outlook for Jones Act newbuilds A new analysis by the Shipbuilders Council of America shows substantial Jones Act building opportunities for U.S. shipyards in the near and mid term.
Sea Star to buy Navieras Sea Star Line, LLC (Sea Star) has reached an agreement to acquire the assets of Navieras/NPR, Inc
Salerno port police seize Carolina A drug stash Italian police seized more than half a tonne of high-grade cocaine in the southern port of Salerno yesterday.
Stelmar share issue seeks $70m for fleet expansion NEW York-listed Stelmar Shipping is aiming to sell about $70m worth of new shares in a secondary offering aimed at helping to finance more newbuildings and secondhand acquisitions for its tanker fleet.
Zissimatos goes after Adriatic 'repo-men' FRAUD proceedings have been launched in Greece against a list of companies and individuals involved in the break-up of the massive Adriatic Tankers fleet six years ago, writes Nigel Lowry in Athens.
HLB ship bank to merge with rival LB Kiel THE world's largest shipping bank, regional operator Hamburgische Landesbank, is set to become even bigger through its merger with fellow public-law bank Landesbank Schleswig-Holstein (LB Kiel), which will become effective on January 1, 2003.
Tunnel sous la Manche: la SNCF n’a pas tenu ses promesses Les belles paroles de Frédéric Delorme, responsable commercial de la SNCF, mercredi dernier au centre de presse d’Eurotunnel à Coquelles, selon lesquelles le trafic normal des trains de marchandises à travers le tunnel sous la Manche reprendrait à partir du 2 avril, n’auront été que du vent. Un train est arrivé avec 29 immigrés clandestins à son bord à Dollands Moor, 149 avaient été “capturés” à Fréthun. Un train d’Unilog a été arrêté avant de pouvoir traverser le tunnel.
UTi Worldwide enregistre une hausse de 3,8 % de son bénéfice UTi Worldwide, fournisseur de services et solutions logistiques, a réalisé en 2002, exercice clôturé le 31 janvier 2002, un bénéfice net de 19,2 mio. d’USD, contre 18,5 mio. d’USD un an plus tôt. Le bénéfice d’exploitation a progressé de 9%, de 27,2 mio. d’USD à 29,7 mio. d’USD. Les recettes brutes ont augmenté de 3%, de 863,3 mio. d’USD en 2001 à 889,8 mio. d’USD, alors que les recettes nettes sont passées de 301,8 mio. d’USD à 304,6 mio. d’USD. UTi Worldwide a enregistré ces résultats positifs malgré le ralentissement général de la croissance économique et les faibles taux de change. UTi Worldwide a lancé au début de l’année un plan de croissance exposant la stratégie pour les cinq prochaines années.
Cobelfret/ECS inaugurent un 2e service C2C sur l’Irlande Ainsi qu’évoqué dans une précédente édition, la compagnie maritime C2C Shipping Lines inaugure ce jeudi son deuxième service hebdomadaire entre le continent et l’Irlande, service également axé sur le transport de containers de 45 pieds. Cette compagnie, rappelons-le, est de résultat d’une joint-venture à 50/50 entre l’armement belge Cobelfret Ferries et European Container Service (ECS).
Le “BMW Shuttle” de DLC est bien arrivé au Cirkeldyck Malgré un arrêt non prévu d’une dizaine de minutes en gare de Hasselt, à l’initiative des syndicats du rail, le premier train de Dillen & Le Jeune Cargo (DLC) - le BMW Shuttle - est bien arrivé mercredi en début d’après-midi au terminal Cirkeldyck du port d’Anvers en provenance de l’usine BMW de Wackersdorf. Une première pour le réseau ferroviaire belge.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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