United Nations Secretary The German justice minister Hertha Daeubler-Gmelin, second left, hands over a symbolic key to United Nations secretary-general Kofi Annan at the opening of the headquarters of the International Tribunal for the Law of the Seas in Hamburg yesterday. Mr Annan urged the international community to make more use of the tribunal, saying that he hoped its landmark decision would persuade more states to resolve thorny disputes on the exploitation of the seas, which often centre on fishing rights and the ownership of raw materials.
NOL starts huge logistics push NEPTUNE Orient Lines is gearing up for massive growth of its logistics business and aims to see it rival the revenues of its liner shipping business in just three years.
Terra Nova rejects $3m Gabon security demand on the Peter TERRA Nova, the fixed premium P&I insurer, has balked at providing $3m of security being sought by Gabon in connection with the sinking of a Greek owned bulk carrier just off the West African republic last month.
Aircraft Design Needs Partner Ukrainian aircraft designer Antonov is looking for partners to help it build the world's biggest cargo plane, the Antonov-225, based on the model developed to lift the Soviet space shuttle in 1989. Russia is hoping to become a leader in superheavy air transportation with its Mriya (Dream) design, capable of carrying 250 tons.
Wreck oil recovery begins PUMPING of oil from the sunken forward section of the Erika got under way yesterday morning in 120 m of water 70 km off the southern Brittany coast.
Greenpeace targets Tilbury timber imports GREENPEACE activists yesterday staged a dawn grafitti raid on the Thames port of Tilbury, wilfully vandalising the packaging of Amazon rainforest timber allegedly being illegally imported into the UK, writes David Osler.
Hitachi and Keppel to link for FPSOs SINGAPORE'S Keppel and Japan's Hitachi Zosen have forged a marketing alliance to chase FPSO projects.
Ventura A family points to the Ventura, which was heading for the ship breaking yard at Alang on the west coast before she became stranded off Bombay during rough weather yesterday, when seven crew had to be rescued by the Indian Coast Guard.
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