Batam ports seeking transhipment roles ADDING to the regional port competition, Indonesia has announced plans to turn three existing ports on Batam island into transhipment hubs in a bid to 'lessen the dependence on Singapore'.
PSA will not be drawn into a price war to keep customers
GlobalSantaFe sees merger savings higher than planned
Mitsubishi in e-logistics deal
Air and Land Transport
Air NZ doesn't need NZ$1.7b to survive: govt THE government yesterday dismissed reports Air New Zealand needs a further NZ$670 million, on top of the NZ$1.035 billion already committed, to shore up its balance sheet.
Boeing, Siemens unit eye US$4b deal
FAA orders action on some Airbus planes
JAL, ANA offer World Cup discounts
ANA to tie up with two China airlines
Hawker to help develop Sonic Cruiser
Features
Expanding to stay ahead CREEPING between the jungle and crowds of eager tourists, the oil tanker slides along a ribbon of murky water in the Panama Canal.
Batam ports seeking transhipment roles ADDING to the regional port competition, Indonesia has announced plans to turn three existing ports on Batam island into transhipment hubs in a bid to 'lessen the dependence on Singapore'.
PSA will not be drawn into a price war to keep customers
GlobalSantaFe sees merger savings higher than planned
Mitsubishi in e-logistics deal
Air and Land Transport
Air NZ doesn't need NZ$1.7b to survive: govt THE government yesterday dismissed reports Air New Zealand needs a further NZ$670 million, on top of the NZ$1.035 billion already committed, to shore up its balance sheet.
Boeing, Siemens unit eye US$4b deal
FAA orders action on some Airbus planes
JAL, ANA offer World Cup discounts
ANA to tie up with two China airlines
Hawker to help develop Sonic Cruiser
Features
Expanding to stay ahead CREEPING between the jungle and crowds of eager tourists, the oil tanker slides along a ribbon of murky water in the Panama Canal.
Batam ports seeking transhipment roles ADDING to the regional port competition, Indonesia has announced plans to turn three existing ports on Batam island into transhipment hubs in a bid to 'lessen the dependence on Singapore'.
PSA will not be drawn into a price war to keep customers
GlobalSantaFe sees merger savings higher than planned
Mitsubishi in e-logistics deal
Air and Land Transport
Air NZ doesn't need NZ$1.7b to survive: govt THE government yesterday dismissed reports Air New Zealand needs a further NZ$670 million, on top of the NZ$1.035 billion already committed, to shore up its balance sheet.
Boeing, Siemens unit eye US$4b deal
FAA orders action on some Airbus planes
JAL, ANA offer World Cup discounts
ANA to tie up with two China airlines
Hawker to help develop Sonic Cruiser
Features
Expanding to stay ahead CREEPING between the jungle and crowds of eager tourists, the oil tanker slides along a ribbon of murky water in the Panama Canal.
Result Danzas up 40 percent The Danzas Group in Switzerland, logistics pillar of Deutsche Post World Net, improved its performance in 2001. Net sales rose by 10.4 percent to 9.153 billion euro. Earnings before interest, taxes and amortization (Ebitda) rose from 113 million to 159 million euro in 2001, an improvement of 40.7 percent.
Roadway first quarter down Roadway Corp. reported that revenues for its first quarter, which ended March 23, 2002, were $637 million, down 2 per cent when compared to revenues of $650 million for the first quarter of 2001.
Still aircraft inspection problems The US government's program to oversee airline safety is plagued by poor training, inconsistent management and inadequate analysis of the data it collects, a report obtained by USA Today stated.
European customs system slowly coming By the end of June all Dutch customs offices must be connected to the New Computerized Transit System (NCTS), known in short as Transit.
Cathay sees slow recovery Cathay Pacific Airways plans to bring some of its mothballed aircraft back into service by mid-year as it gradually restores services cut after September 11, but it does not see a full recovery in air travel until next year.
United Airlines Cargo fuel surcharge The Cargo Division of United Airlines announced for all domestic and international shipments tendered on or after April 19, 2002, a fuel surcharge will be assessed to offset escalating costs of jet fuel.
Telenor makes Inmarsat Fleet service available Telenor Satellite Services announced today that Inmarsat's new Fleet service is now available to customers globally.
Box lines cut string CP Ships and its partners in the Grand Alliance have reached agreement with Cosco, K Line and Yang Ming to form the Atlantic Space Charter Agreement.
Klaveness takes over Maersk Bulk geared Panamax activities A.P. Møller is looking to reduce its exposure in the dry bulk sector,
P&O Princess targets 'dress-down Friday' generation P&O Princess Cruises is upgrading several ships, bringing new ones into service, and introducing a fourth brand designed specifically for the UK market as part of a major expansion programme unveiled yesterday, writes Janet Porter.
Asian lines pull five boxships off Atlantic FIVE boxships are to be pulled off the North Atlantic as part of a concerted effort by four Asian container lines to remove surplus capacity and cut costs.
Lloyd's fears for its ratings as new look at accounts reveals loss of $4.43bn LLOYD'S faces a fight to shore up its credibility after unveiling more disappointing financial results, including for the first time what it would be reporting if it produced its accounts in the way a 'normal' insurance business does. Likely outcome on that basis for 2001 was a huge loss of £3.11bn ($4.43bn).
Cargo up at Port of NY/NJ in 2001 The port handled 19.8 million metric tons of general cargo as containers, bulk and breakbulk freight all showed gains.
Trans-Atlantic lines pull capacity Major carriers have reached a new space-sharing agreement that will result in one weekly string of ships being withdrawn from the trade. Weblog: Malaysian port next great transport hub
India line plans direct China service Shipping Corp. of India is planning to launch a new direct service from Chennai to north China ports, a company source said.
Cruise stock seen buoyant Expected higher consumer spending boosts Carnival shares by $1.26.
Millenium Seacarriers to retain auditors US Bankruptcy Court has to approve the appointment of Deloitte & Touche.
Liberty seeks waiver transfer This may be the last of cargo preferential act waiver transfer applications.
Norden bulks up at Oshima Danish owner signs for handymax in Japan after selling Nord Cecilie.
Bidders close on Enron LNG ships Market waits to see how charter periods and rates will compare with original deals.
Lithuania moves ahead with two shipping sell-offs Advisor sought to manage sale of reefer owner Klaipeda Transport and tramp outfit Lithuanian Shipping.
OMI elects new director Philip Shapiro is president and CEO of Liberty Maritime Corporation.
Klaveness gears up with AP Moller Bulkhandling pool set for growth from takeover of Maersk's geared bulkers.
USM signs with MarineProvider E-procurement service adds Hong Kong ship manager to client list including OMI, AP Moller and Golar LNG.
Box carriers cut capacity on Atlantic trades Grand Alliance, CP Ships reach agreement with Cosco, K Line and Yang Ming group.
P&O Princess juggles UK fleet Cruise operator redeploys ships to launch new brand targeted at "dress-down" market.
Daewoo wins aframax deal Unique Shipping splashes out $80m for two expensive tankers.
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