EC softens stance on black listing substandard ships RETRACTING eight vessels from its 66 vessel blacklist and moderating its fiery post-Prestige rhetoric, the European Commission now appears to be softening its stance on the issue of black-listing substandard vessels from its waters.
Patrick's 1st qtr profits better than expected AUSTRALIA's dominant port cargo handler, Patrick Corporation, enjoyed a better than expected first quarter in its three key business areas.
Lines on Asia-Europe trades to raise bunker surcharge MAJOR container shipping lines carrying the majority of cargo on the Asia-Europe trades have reacted to the latest rise in oil prices by announcing bunker surcharge hikes.
Australia detains suspected illegal fishing boats TWO Indonesian fishing boats, whose crews have been accused of illegally catching sharks and cutting off their fins, have been detained by authorities off Australia's north-east coast, fisheries officials said on Tuesday.
Air and Land Transport
Airlines could post losses of up to US$10b: consultancy AMR Corp's American Airlines, All Nippon Airways and other members of the International Air Transport Association may have a combined loss of as much as US$10 billion in 2003, an aviation consultancy said.
Airports see growing investment
Fraport considering arbitration over terminal
Ryanair's Q3 profit up 50% as passenger growth jumps 46%
jetBlue adds 5 flights to California from East Coast
EC softens stance on black listing substandard ships RETRACTING eight vessels from its 66 vessel blacklist and moderating its fiery post-Prestige rhetoric, the European Commission now appears to be softening its stance on the issue of black-listing substandard vessels from its waters.
Patrick's 1st qtr profits better than expected AUSTRALIA's dominant port cargo handler, Patrick Corporation, enjoyed a better than expected first quarter in its three key business areas.
Lines on Asia-Europe trades to raise bunker surcharge MAJOR container shipping lines carrying the majority of cargo on the Asia-Europe trades have reacted to the latest rise in oil prices by announcing bunker surcharge hikes.
Australia detains suspected illegal fishing boats TWO Indonesian fishing boats, whose crews have been accused of illegally catching sharks and cutting off their fins, have been detained by authorities off Australia's north-east coast, fisheries officials said on Tuesday.
Air and Land Transport
Airlines could post losses of up to US$10b: consultancy AMR Corp's American Airlines, All Nippon Airways and other members of the International Air Transport Association may have a combined loss of as much as US$10 billion in 2003, an aviation consultancy said.
Airports see growing investment
Fraport considering arbitration over terminal
Ryanair's Q3 profit up 50% as passenger growth jumps 46%
jetBlue adds 5 flights to California from East Coast
American Airlines calls for wage cuts American Airlines asked its labor leaders and employees for $1.8 billion in permanent, annual savings through a combination of changes in wages, benefits and work rules.
Another Kuehne & Nagel site in Duisburg 'Kuehne & Nagel expanded its capacities in Duisburg, Germany, and is now operating a new distribution centre on the Logport site, a preferred hub for the worldwide flow of goods due to its ideal transport infrastructure.
Swiss cargo with Descartes Descartes Systems, provider of logistics solutions, today announced that Swiss WorldCargo, the cargo division of Swiss International Air Lines Ltd., has selected logistics connectivity solutions from Descartes' wholly owned subsidiary, DSG-Tradevision.
Decreased load factor KLM in January 2003 In January 2003, cargo traffic of KLM was 2 percent higher than last year.
4 Asian carriers in internet portal Cathay Pacific Cargo, Japan Airlines (JAL) Cargo, Qantas Freight and Singapore Airlines (SIA) Cargo have signed a memorandum of understanding to be partners in an internet the portal, tentatively called Air Cargo Exchange.
Gulf shipping not severely hit by Iraq war A US-led war against Iraq will have a limited fallout for ports and shipping agencies in the Gulf region but a catastrophic effect on insurance companies, shipping sources said.
TNT express to add two Boeing 737-300fs TNT Express announced plans to introduce two Boeing 737-300F aircraft to its European air network.
El Paso quits LNG trade to save cash El Paso Corp is quitting the LNG business as part of the US energy group's far-reaching restructuring programme.
Fouquet Sacop offloads carriers FRENCH small tanker operator Fouquet Sacop is to withdraw from gas transport as a prelude to an investment drive in its main oil transport business, writes Andrew Spurrier in Paris.
Bid to secure bail for Mangouras at 'delicate juncture' MOVES to post E 3m ($3.22m) in bail for jailed Prestige skipper Apostolos Mangouras were well advanced in the UK and Spain yesterday, although supporters remained fearful of last-minute hiccups dashing the master's hopes of release.
Maersk Sealand reforms structure MAERSK Sealand is putting the finishing touches to an internal shake-up that will create many more divisional directors.
Rina chief Scerni quits Festival RINA chairman Gianni Scerni has been forced off the board of Festival Cruises by Festival's arch-rival, Genoa-based cruise line Costa Crociere, writes Justin Stares.
NOL looks to bond issue to reduce interest bill Neptune Orient Lines, the parent of APL and APL Logistics, is said to be planning to sell US$200 million in bonds to take advantage of low interest rates.
Smouldering charter market ready to burst into life Chinese New Year has been and gone and still the charter market continues its upward trend, fuelled by the scarcity of larger tonnage this week saw a further 2.5% gains.
Shipping council calls for Indonesian Government action on exorbitant THC
Hapag-Lloyd expects economic growth to boost volumes
Canada and US agree temporary explosives regulation
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