Drilling go-ahead on Alaskan oil reserve IGNORING opposition from conservationists, the Clinton administration has decided after 18 months of study to open for oil exploration and drilling nearly 3.8m acres, or 87%, of the Alaska National Petroleum Reserve's 4.6m-acre northwest quadrant.
'Sea Dream' under tow after blaze TWENTY-four crewmen who abandoned a bulk carrier which caught fire earlier this week were yesterday aboard a tug towing the casualty in the Atlantic, writes Nigel Lowry, Athens Correspondent.
South Korea turning to coal as LNG alternative SOUTH Korea's major coal buyer Korea Electric Power Corporation (Kepco) is predicting that coal imports will actually increase this year and for a number of years beyond as coal-fired power plants supply an increasingly large percentage of the country's energy needs.
Strong growth at Schiphol airport LEADING Dutch airport, Amsterdam Airport Schiphol, fought back against restrictions on night flights and enforced reductions in the numbers of noisier aircraft with strong growth in the first six months of this year, writes Alan Dickey, Netherlands Correspondent.
Renewed concern on old bulkers A FURTHER spate of casualties involving old bulk carriers has revived concerns about the structural integrity of these vessels.
Management shake-up on way at MISC WIDE-ranging management changes in Malaysia International Shipping Corporation are expected to be announced next month following its takeover by Petronas, the national petroleum corpo-ration.
Oil consumption set for recovery WORLD oil consumption is expected to bounce back next year, the International Energy Agency has forecast.
Sea Launch Odyssey The converted North Sea oil rig Sea Launch Odyssey passes a mosque as it exits the Suez Canal bound for Long Beach, California, where it will be used to launch rockets
Salvors respond to Singapore spill SINGAPORE salvage and oil spill response teams were on standby today, following the grounding of a 13,500 dwt tanker at 21.00 hours last night.
Gamma-ray machines join Colombian corruption war THREE Colombian ports will soon receive $2m x-ray machines to inspect containers without the need to open them, as part of the fight against customs corruption.
Chinese floods cause navigation ban A NAVIGATION ban is being enforced along China's Changhjiang River, as a result of continued flooding.
DnB prepares for further gloom DEN norske Bank (DnB), the largest bank in Norway, has prepared itself for further losses in the shipping sector.
Penang throughput plummets PENANG port has suffered a 16 per cent fall in throughput for the first six months of 1998, according to recently published results.
Norwegians abandon drillship order TWO Norwegian companies, Smedvig and Navion, have cancelled an order with AESA shipyard in Spain for the West Navion II drillship.
Nuclear fallout hits Alang ALANG'S ship breaking business has been decimated by the downfall of the rupee, as a result of economic turmoil following India's atomic tests.
Autopilot failure causes near miss A SYSTEM failure in an autopilot on board an Irish cargo vessel brought it within 200 m of a collision with a large cruise ferry in the Baltic last month.
Orders tumble at CSSC THE Asian economic crisis has severely hit orders at the China State Shipbuilding Corp.
Allegations fly at Subic Bay hearing ALLEGATIONS flew thick and fast yesterday over the July 26 'Bloody Sunday assault' on Subic Bay freeport, as the Philippine Appellate Court continued to hear the leadership dispute.
China Shipping launches new cruise line CHINA Shipping has set up a joint venture called Rinchen International Berry with two Korean shipping companies to run a cruise line from Shanghai to Yichen in South Korea.
Crewing firm warns Philippines A GERMAN owned crewing firm has warned of a shift away from hiring Filipinos, following an order to pay $83,000 to the family of a seafarer, who died months after leaving his post.
US bank inspectors visit Korea US BANK inspectors have visited South Korea to assess the progress of banking reform and the impact of recent liquidations and mergers on Korean banks with New York branches.
Gujarat to quadruple throughput GUJARAT state in India reckons its cargo throughput will quadruple to one-quarter of the national total by 2003 when its five new ports are commissioned.
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