Korean shippers join Asian protests against rate hikes Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
Kvaerner to sell shipbuilding unit in bid to slash debt
APL to handle logistics for GM's Thai plant
4 bids for Indon port operator
Australian dock union sees wage pact with P&O soon
Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
Oneworld members aim to strengthen cooperation in region Global airline group launched last week amid intense competition, economicdownturn
Korean shippers join Asian protests against rate hikes Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
Kvaerner to sell shipbuilding unit in bid to slash debt
APL to handle logistics for GM's Thai plant
4 bids for Indon port operator
Australian dock union sees wage pact with P&O soon
Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
Oneworld members aim to strengthen cooperation in region Global airline group launched last week amid intense competition, economicdownturn
Korean shippers join Asian protests against rate hikes Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
Kvaerner to sell shipbuilding unit in bid to slash debt
APL to handle logistics for GM's Thai plant
4 bids for Indon port operator
Australian dock union sees wage pact with P&O soon
Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
Oneworld members aim to strengthen cooperation in region Global airline group launched last week amid intense competition, economicdownturn
Kvaerner quits shipbuilding and puts 13 yards up for sale Kvaerner, the embattled Anglo-Norwegian engineering group, yesterday said it would quit shipbuilding as part of a dramatic restructuring which will see it shed 25,000 staff in a bid to return to profitability.
Battered oil and gas unit in for major rejig Kvaerner also announced far-reaching plans to radically restructure its oil and gas business, which took a battering last year along with almost every company operating in the sector, writes Helen Carr.
MarAd loan guarantee for US luxury shipbuilding deal THE US Maritime Administration has approved government-guaranteed financing for its largest shipbuilding project, two 1,900-passenger luxury vessels being built for American Classic Cruises' Project America at a total actual cost of $1.233bn.
Newport News sees first quarter net profits rise NEWPORT News Shipbuilding - which on Monday entered the second week of what looks set to be a long strike by production workers - has pleased analysts with first quarter net profits of $18m ($0.50 per share), up 12.5% on the year earlier earnings of $16m ($0.44 per share), writes Joel Glass, Washington Correspondent.
Will last major UK merchant yard be sunk by tide of market forces? Rise and fall of Kvaerner's Govan yard on Clydeside, the last major merchant shipbuilding yard on the UK mainland.
Masa-Yards hit by Kvaerner decision In industry terms the most significant casualty of Kvaerner's decision to quit shipbuilding is Kvaerner Masa-Yards, the Finnish shipbuilder which is a major player - arguably the major player - in the building of cruiseships.
Slave labour claim fires Manx anger SHIP managers in the Isle of Man have hit back at union claims that they are employing "slave labour from the third world" on board their ships.
Galle set for transhipment master plan ENGLISH port consultant Posford Duvivier of Peterborough is all set to proceed with the feasibility study for setting up a transhipment port in Galle, on the southernmost tip of Sri Lanka.
Kvaerner To Ax Jobs, Abandon Shipbuilding Kvaerner ASA is reportedly abandoning shipbuilding and shedding 25,000 employees -- about 30 percent of its workforce.
Government To Help Kvaerner Fine Buyers For U.K. Units The British government reportedly pledged to work closely with Kvaerner to find buyers for its shipbuilding plants in the U.K. and to safeguard thousands of jobs in England and Scotland.
Baker Hughes Sees Downturn This Year, May Cut More Baker Hughes Inc. may reportedly make further job cuts this year if, as oil companies are likely to further cut spending.
Shipping Lines Set Second Half Container Rate Rise Container shipping companies operating between Asia and Europe will reportedly seek further rate rises westbound in the second half of 1999.
Danube Shippers Lick Wounds As NATO Blocks River Danube shippers are reportedly facing huge bills as a result of NATO bombing, which has blocked vital waterways in Yugoslavia, leaving tons of freight stranded and operators struggling to find alternative routes.
ICTSI Forms Joint Venture For Subic Cargo International Container Terminal Services Inc. (ICTSI) -- a Philippines-based port operator, reportedly signed a joint venture accord with Germany's Royal Ports Services Inc. and Subic Bay Metropolitan Authority (SBMA) to provide cargo handling services in the Subic freeport zone.
Japan Overseas Ship Orders Up 3.5% Japanese shipyards reportedly received foreign ship orders in March for 13 vessels, or 633,580 gross registered tons, up 3.5 percent from a year earlier.
Docenave To Manage Frota Coastal Shipping Services Brazil's largest bulk carrier operator Docenave is reportedly moving into container shipping by managing the coastal operation of fellow Brazilian line Frota Amazonica and Oceanico.
Conoco Wants To Be Hunter Not The Hunted Conoco Inc. president and chief executive officer Archie Dunham reportedly hinted that his company is looking around for a possible acquisition.
AMEC Awarded BP Amoco Contract AMEC Plc has reportedly been awarded an oil and gas service contract by BP Amoco on the Sullom Voe terminal in the Shetland Isles, offshore Scotland.
Shell Reports Ursa Deepwater U.S. Gulf Field Producing Production at Shell Exploration's Ursa project, located under 4,000 ft. of water in the U.S. Gulf of Mexico, reportedly started in March, four months ahead of schedule.
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