Hutchison denies failing to fulfil Jakarta terminal contract HUTCHISON Port Holdings managing director John Meredith has dismissed Indonesian government criticisms that it had failed to meet contract investment requirements in Jakarta as a lack of understanding about port management.
Singamas still upbeat on '03 outlook despite war in Iraq SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said on Monday that 2002 earnings jumped 42 per cent on contributions from recently acquired businesses and it remained upbeat on 2003 despite the US-led war against Iraq.
Evergreen expands slot deals with 2 lines TAIWAN's Evergreen Marine Corp has expanded its slot exchange arrangements with Yang Ming and Wan Hai on two more intra-Asia trades.
Australia diverts livestock ship; trade hurt by rising premiums AUSTRALIA's big livestock export trade is diverting a ship carrying 60,000 live sheep from some Gulf ports and is also being hit by rising insurance costs as a US-led war against Iraq accelerates, an industry body said.
Air and Land Transport
Airlines brace for US$10b of war-related losses WAR jitters continue to hit European airlines with travel demand slumping further and hopes for a quick end to the war in Iraq fading fast.
Delta to cut 12% of capacity
Arroyo slams security at Manila airport
Thai Airways chalks up extra costs of 186m baht
Swiss Air won't break even this year
Finnair axing 1,200 jobs to raise profitability
Strait Talk
Looking at aftermath of war and its impact on shipping THE war in Iraq is having only a very limited direct effect on international shipping.
Hutchison denies failing to fulfil Jakarta terminal contract HUTCHISON Port Holdings managing director John Meredith has dismissed Indonesian government criticisms that it had failed to meet contract investment requirements in Jakarta as a lack of understanding about port management.
Singamas still upbeat on '03 outlook despite war in Iraq SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said on Monday that 2002 earnings jumped 42 per cent on contributions from recently acquired businesses and it remained upbeat on 2003 despite the US-led war against Iraq.
Evergreen expands slot deals with 2 lines TAIWAN's Evergreen Marine Corp has expanded its slot exchange arrangements with Yang Ming and Wan Hai on two more intra-Asia trades.
Australia diverts livestock ship; trade hurt by rising premiums AUSTRALIA's big livestock export trade is diverting a ship carrying 60,000 live sheep from some Gulf ports and is also being hit by rising insurance costs as a US-led war against Iraq accelerates, an industry body said.
Air and Land Transport
Airlines brace for US$10b of war-related losses WAR jitters continue to hit European airlines with travel demand slumping further and hopes for a quick end to the war in Iraq fading fast.
Delta to cut 12% of capacity
Arroyo slams security at Manila airport
Thai Airways chalks up extra costs of 186m baht
Swiss Air won't break even this year
Finnair axing 1,200 jobs to raise profitability
Strait Talk
Looking at aftermath of war and its impact on shipping THE war in Iraq is having only a very limited direct effect on international shipping.
Hutchison denies failing to fulfil Jakarta terminal contract HUTCHISON Port Holdings managing director John Meredith has dismissed Indonesian government criticisms that it had failed to meet contract investment requirements in Jakarta as a lack of understanding about port management.
Singamas still upbeat on '03 outlook despite war in Iraq SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said on Monday that 2002 earnings jumped 42 per cent on contributions from recently acquired businesses and it remained upbeat on 2003 despite the US-led war against Iraq.
Evergreen expands slot deals with 2 lines TAIWAN's Evergreen Marine Corp has expanded its slot exchange arrangements with Yang Ming and Wan Hai on two more intra-Asia trades.
Australia diverts livestock ship; trade hurt by rising premiums AUSTRALIA's big livestock export trade is diverting a ship carrying 60,000 live sheep from some Gulf ports and is also being hit by rising insurance costs as a US-led war against Iraq accelerates, an industry body said.
Air and Land Transport
Airlines brace for US$10b of war-related losses WAR jitters continue to hit European airlines with travel demand slumping further and hopes for a quick end to the war in Iraq fading fast.
Delta to cut 12% of capacity
Arroyo slams security at Manila airport
Thai Airways chalks up extra costs of 186m baht
Swiss Air won't break even this year
Finnair axing 1,200 jobs to raise profitability
Strait Talk
Looking at aftermath of war and its impact on shipping THE war in Iraq is having only a very limited direct effect on international shipping.
US to ship food aid to Iraq before end of month LARGE quantities of food aid for Iraq are being prepared in the US for shipment before the end of this month.
UK seafarer war bonus collapse TALKS between UK merchant shipping unions and employers over bonuses for service in the Gulf broke down yesterday, after the two sides failed to agree the area in which the payments should apply.
Stevedoring Services awarded contract to run Umm Qasr port THE contract to run the deepwater port at Umm Qasr, the designated "aid corridor" for Iraq, has been awarded to Stevedoring Services of America, the biggest cargo handling and marine terminal group in the US.
Iraqi oil exports slide by 75% IRAQ'S official oil exports slid 75% to 443,000 bpd in the week ended March 21, after the United Nations effectively shut the country's main oil port by removing personnel ahead of the US-led attack on Iraq, UN officials said yesterday, Reuters reports.
War risk quotes are still stable LONDON insurance market sources said that war risk quotes to shipowners were stable for voyages to areas excluded from normal trading terms, writes James Brewer.
Special deliveries As Germany's Deutsche Post gained a foothold in the lucrative U.S. parcel business by acquiring the ground operations of Airborne Inc., UPS unveiled an image rebranding amid increasing competition in the express delivery market.
SSA to operate Umm Qasr port Stevedoring Services of America has won a $4.8 million contract to run Iraq's only deepwater port.
APL files for massive increase in war charges Shippers may soon have to pay up to 11 times more in surcharges for containers moving between North America and the Gulf nations.
Panama Canal benefits from West Coast disruption Panama Canal volumes are being driven up as shipping lines try to alleviate their dependence on West Coast ports following last year's labour dispute.
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