US Coast Guard sounds port alert for terrorists THE US Coast Guard has warned shipping lines and terminal operators in the Ports of Los Angeles and Long Beach to be vigilant after intelligence reports indicated Islamic terrorists recently entered the US through these ports.
Hutchison eyeing stake in Qingdao port
Philippine ship blaze: owner, crew may be charged
Air and Land Transport
End to Aussie airport price regulation urged PRICE regulation at Australia's major airports should be replaced by a 'light-handed' regime in which prices are monitored - but not capped - for a five-year probationary period, the Productivity Commission said yesterday.
US Coast Guard sounds port alert for terrorists THE US Coast Guard has warned shipping lines and terminal operators in the Ports of Los Angeles and Long Beach to be vigilant after intelligence reports indicated Islamic terrorists recently entered the US through these ports.
Hutchison eyeing stake in Qingdao port
Philippine ship blaze: owner, crew may be charged
Air and Land Transport
End to Aussie airport price regulation urged PRICE regulation at Australia's major airports should be replaced by a 'light-handed' regime in which prices are monitored - but not capped - for a five-year probationary period, the Productivity Commission said yesterday.
Fear for US Airways bankruptcy US Airways shares plummeted as much as 37 per cent on Monday morning, as the struggling airline rushes to forge a comprehensive restructuring that would keep it out of bankruptcy.
Kuehne & Nagel buys African company Kuehne & Nagel strengthens its position in Mauritius by acquiring the majority stake in Nakufreight (Mauritius) Limited.
Eagle net margin up EGL said net revenue margins improve to highest levels since 3Q1999, while operating income improved $16 million over 1Q2001.
Rotterdam happy with big customer SSAB Tunnplat (Sweden) has concluded a contract with Gevelco Transport Group to develop a logistic center for the European distribution of high-strength steel products in the port of Rotterdam.
Swiss result 'better-than-expected' The new Swiss airline Swiss generated total operating revenue of CHF 517 million for the first quarter of 2002 and posted a CHF 190 million consolidated loss for the period.
Evergreen to incorporate sister The Evergreen Transport Corp., the inland transport arm of Evergreen Marine Corp., will take over sister company Uniglory Marine Corp. in a stock swap to become effective Oct. 31.
Tidewater picks new EMD model for 282-ft anchor handlers Stewart & Stevenson Services, Inc., New Orleans, La. has shipped the first four of 20 marine models of General Motors totally new EMD 16-265H diesel engines and generators to Yantai Raffles Shipyard
New research ship planned The University of Delaware is planning to build a new, 138-foot, state-of-the-art research vessel.
Hundreds of vehicles gutted in car carrier inferno HUNDREDS of used cars are likely to have been lost after a serious fire on board a car carrier in Antwerp, writes David Osler.
Islamic terrorists 'evade US security' Fears that international efforts to tighten maritime security are failing have been highlighted by reports that as many as 25 Islamic extremists have entered the US as stowaways aboard "prominent commercial cargo vessels" since March.
IMO rift looms over US security proposals US anti-terrorism proposals for extensive amendments to the International Safety Of Life At Sea Convention will face stiff opposition at the International Maritime Organisation today.
Rate hikes for westbound citrus Shipping lines that carry refrigerated cargoes from the United States to Asia intend to raise their rates this summer on citrus, vegetables, apples and melons.
Singapore's PSA weighs new lures Singapore's leading container terminal operator says it's prepared to consider dedicated berths, stakes in terminals and other measures to keep its lines from defecting to other ports.
EGL reports $3.9M loss The costs from the acquisition of Circle International dragged down earnings.
TNWA va-t-il transférer son service atlantique d’ECT vers le Mærsk Delta Terminal? Vers la fin de l’année dernière, alors qu’au sein du groupe The New World Alliance on prenait les dispositions nécessaires à la réduction de la capacité sur la route Europe-Asie et que se posait la question du maintien ou non des services au terminal rotterdamois d’ECT, jugé trop cher et peu performant, Anvers était pris en considération, mais aussi d’autres terminaux rotterdamois, à savoir le Mærsk Delta Terminal et Hanno/Uniport. On sait qu’une première décision est déjà tombée, qui s’est traduite par la concentration du loop CEX (China-Europe Express) à Anvers au détriment d’ECT, qui perd ainsi quelque 50.000 containers ou 85.000 TEU. Tout semble indiquer que d’autres décisions vont encore intervenir étant donné que des négociations sont toujours en cours et avec Mærsk Delta Terminal et avec Hanno/Uniport.
Luxair marque des points sur tous les fronts La compagnie aérienne luxembourgeoise Luxair a clôturé 2001 sur un bénéfice net de 20,3 mio. d’EUR. Cela représente une augmentation de 4% par rapport à 2000. Luxair a vu augmenter tant son nombre de passagers que son tonnage fret traité. Et cela, sans avoir demandé le moindre franc ou euro de subside, a dit le CEO Christian Heinzmann au cours de la présentation des résultats annuels à Luxembourg.
Un carcarrier détruit par le feu au port d’Anvers Malgré tous les efforts des pompiers anversois, il y a de fortes chances que le transporteur de voitures panaméen “Silver Ray” sera entièrement détruit par les flammes. Le navire était amarré à hauteur du quai 406 à la darse Churchill lorsqu’un incendie, dont la cause est encore inconnue, s’est déclenché lundi soir vers 23h dans une des voitures transportées.
Fréthun: la SNCF n’accepte plus de nouveaux trains de marchandises! La situation ne fait qu’empirer à Fréthun où la SNCF a décidé de ne plus accepter de nouveaux trains de marchandises en attendant d’avoir résorbé un retard de 23 trains. On estime que cela durera au moins toute la semaine.
New Orleans river pilots in the money The highly paid river pilots won $94,000 pay raise from Public Service Commission in 2001.
Two former OMI crew members plead guilty A former ship master and chief engineer were guilty of making false statements to USCG.
Changing of guards at Oglebay Norton Michael Lundin will take over as CEO from incumbent John Lauer in January 2003.
OMI boasts strong balance sheet The Connecticut-based tanker owner could withstand a weak market for up to two years.
VLCC rates harden toward WS 50 Sentiment for large tankers on the rise with cargo stems expected.
K C Maritime orders bulker Hong Kong owner is backing the market interest in panamax newbuildings.
Ship sale boosts Gotland Swedish ferry and tanker owner delivers improved result despite difficult market.
Runners drop out in SCI race Seven contestants for the final heat emerge as Shipping Corp of India bidders line up.
Seasonal dip at GNV Newbuilding costs and low season pushes Italian ferry owner Grandi Navi Veloci into red in first quarter.
Hapag-Lloyd shares soar Preussag's EUR 24m offer for last slice of container line sends stock sky-high.
Cargoship burns in Antwerp Fire-fighters try to extinguish blaze on vessel in Belgian port.
Debt crisis at Northern Offshore John Fredriksen's drilling company has a month to find funds to keep going.
RCL back in profit Thai container line benefits from exchange gains in first quarter.
Philly yard loses Keystone tanker deal Finance hiccup causes collapse of product tanker orders for US shipyard.
Precious poised to breakeven Thai bulker owner expects to unveil US dollar position on results in next few days.
Japan holds more ships in April Japanese port state control checks resulted in detentions for 37 vessels.
DNV chief's share dealings under scrutiny Securities Commission asked to look at Helge Midttun's sale of Stento stock to class society before he joined.
Thoresen boosts fleet with bulker buy Thai bulker owner Thoresen Thai Agencies moves up a size with its latest acquisition.
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