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- Edition: 1370
Headlines
Contents Ryanair keen on bidding for Stansted
Ryanair Holdings confirmed its interest in Stansted Airport, just a day after BAA announced plans to sell, reported Dow Jones Newswires.
Contract tension may
force Oakland closure
Escalating tension over contract negotiations for about 250 workers could disrupt, or even shut down, operations this fall at the Port of Oakland, the fifth-largest container shipping facility in the US.
Lines join forces on Japan-Indonesia route
Wan Hai Lines, Interasia Lines and Mitsui-OSK Lines (MOL) have reached an agreement to cooperate on the Japan-Indonesia service called CHS3.
Gothenburg sees rise in exports outside Europe
During the first six months of the year, the number of containers exported via the Port of Gothenburg rose by three per cent, setting a new volume record and reflecting strong Swedish export volumes to markets outside Europe.
Asciano annual profit up 19%
Australian rail and ports operator Asciano reported a 19 percent rise in full-year profit, spurred by rapid growth in its coal rail business, reported Reuters.
Panalpina gears up for temperature-controlled shipping
With demand for temperature-sensitive air cargo, Panalpina is extending its cool chain network with SmartView technology to ensure seamless monitoring, control and documentation, reported PR Newswire.
UPS extends offer period for TNT Express
United Parcel Service will extend the offer period for Dutch rival TNT Express to November 9 because anti-trust conditions will not be met before the original deadline at the end of this month, reported Reuters.
Ecuador offers fuel subsidies to carriers
Ecuador will offer fuel subsidies to airline companies that offer new flights to the Andean nation, President Rafael Correa said, reported Dow Jones Newswires.
Emirates rules out buying into Aer Lingus
Emirates is not interested in buying shares in Aer Lingus, the Dubai airline's chief executive Tim Clark said, although it would like to forge closer ties commercially with the Irish carrier.
| | BAA finally decides to
sell Stansted Airport
British airports operator BAA opened the way for a US$2 billion sale of London's Stansted with Manchester Airports Group (MAG) an early frontrunner in a bid battle expected to draw US banks, pension funds and Asian operators.
Maersk sees 3% drop in Asia-Europe volumes
The head of Maersk Line, the world's biggest container shipping company and a unit of Danish group A P Moller-Maersk, said that container exports from Asia to Europe are likely to drop three percent this year.
New feeder service to boost business at ICTT
Shreyas Shipping and Logistics has launched a feeder service linking Kochi and Nhava Sheva, reported The Hindu.
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