Injunction sought against Filipino seamen contract TWO Filipino seamen have applied to the Philippine Supreme Court for a temporary restraining order against the implementation of a revised contract for overseas Filipino seafarers. The Philippine Overseas Employment Administration (POEA), the state agency which regulates the deployment of overseas Filipino workers, requires foreign shipowners to use this document as the minimum standard in their individual employment contracts with Filipino seamen. The contract which has been in force since 1989 was recently revised and the revisions took effect on June 30.
Artifacts recovered from inside Titanic wreck
Slot-exchange deal on Asia-Med trade
Hanjin's profit at record high
Klang Container sees rise in volumes
Air and Land Transport
FAA may penalise Boeing for alleged violations [SEATTLE] The Federal Aviation Administration (FAA) said it might penalise Boeing Co US$1.24 million (S$2.1 million) for allegedly failing to meet standards on quality control and deadlines for reporting airplane defects.
Injunction sought against Filipino seamen contract TWO Filipino seamen have applied to the Philippine Supreme Court for a temporary restraining order against the implementation of a revised contract for overseas Filipino seafarers. The Philippine Overseas Employment Administration (POEA), the state agency which regulates the deployment of overseas Filipino workers, requires foreign shipowners to use this document as the minimum standard in their individual employment contracts with Filipino seamen. The contract which has been in force since 1989 was recently revised and the revisions took effect on June 30.
Artifacts recovered from inside Titanic wreck
Slot-exchange deal on Asia-Med trade
Hanjin's profit at record high
Klang Container sees rise in volumes
Air and Land Transport
FAA may penalise Boeing for alleged violations [SEATTLE] The Federal Aviation Administration (FAA) said it might penalise Boeing Co US$1.24 million (S$2.1 million) for allegedly failing to meet standards on quality control and deadlines for reporting airplane defects.
Canadian navy escorts embattled US cargo ship Military personnel board GTS Katie south of Newfoundland after ship owners refused to deliver over payment dispute.
China entry into WTO to open door for foreign logistics cos.: Report The liberalization of distribution will increase the demand for supply-chain management providers, a study finds.
P&O Nedlloyd confirms weekly Farrell Med sked Port-to-port transit times will be among the fastest on the Mediterranean-U.S. East Coast trade.
Austria may ban trucks, EU warns its members The link between Germany and Italy would be in jeopardy if agreement is not reached on Alpine transit reduction.
How to choose a customs broker A primer on choosing a broker for the first time or reconsidering their existing relationship with one.
Export ABCs by Donald Fischer: How to choose a customs broker
Circle International net income up 35%
MC Shipping posts $22.3 million second-quarter loss
Cyprus tightens the scews on its ship registry
American Airlines Cargo shelves fuel surcharge hike
Hong Kong airport awards contract for maritime terminal
Great Western Steamship names vice president, commercial
Lucina latest to go in Shell clear out SHELL has taken the reduction programme of its owned fleet a stage further with the sale of an ageing very large crude carrier.
Jones quits for British Marine SHIPOWNERS' insurance is to undergo one of its biggest shake-ups for years after high-profile underwriter Jonathan Jones confirmed he is leaving the Lloyd's market to team up with an ambitious private provider.
Pressure mounts on Amer Reefer RAVI Mehrotra's Amer Reefer has seen its credit rating downgraded again, just four weeks before a problematic $5m interest payment is due.
BT Shipping waits for Nasdaq verdict FORMER tanker owner BT Shipping will shortly find out whether its battle to retain a Nasdaq stock market listing, despite becoming a shell company, has been successful, writes Tony Gray.
Acomarit no-risk appointment SHIPMANAGEMENT major Acomarit has promoted Glasgow-based risk manager Nigel Adams to a newly-created position, taking overall responsibility for safety, risk and quality across the group.
Gdynia lands eight-vessel order GERMAN owners Peter D'hle and Rickmers Reederei have ordered eight 4,370 teu container vessels from Gdynia Shipyard in Poland, plus two options.
War declared on the FoC money launderers A NEW assault by super-sleuths on undercover financial activities could help to smash links which have flourished unchecked for years between flags of convenience and money-launderers.
Barrios takes on key Panama marine role MARIE de Barrios has taken up office as the new director in Panama's merchant marine directorate.
Millennium bug hits Celebrity Problems with excessive vibration on Celebrity Cruises gas-turbined cruiseship Millennium threaten to put it out of action.
TradeWinds 4 August: Page 21 Page 21 in this week's hard copy version of TradeWinds is missing due to a production problem. However, readers can view this page and its stories via the link given here.
Greek owners eye Olympic Some of Greece's top shipowners are considering investing in their country's troubled airline.
Amer Reefer debt rating near rock bottom Standard & Poor's has put Amer Reefer's corporate and senior secured debt on creditwatch and says it may not be able to meet the next interest payment.
Global Mariner inquiry starts An investigation into the sinking of the ITF-owned training ship has begun, with the head of the UK marine accident unit flying out to Venezuela.
Negros Navigation shows a profit Philippine ferry owner Negros Navigation Co Inc halved its interim losses, and showed a second quarter profit.
Profits slide at Korean yards Both Hyundai and Samsung logged a fall in half year profits as loss-making business units dragged down earnings.
Hanjin Shipping sees profits jump Korean shipowner Hanjin Shipping Co logged a record half year profit this year on the back of increased international business.
Higher claims hit Gard Free reserves of ambitious Norwegian P&I club down 6% after $55m underwriting loss.
MC Shipping sales plans boost losses Planned ship sell-offs and disposals have lumbered US-stocklisted MC Shipping with a fresh toll of losses.
BT Shipping threatened with delisting Nasdaq is wielding the axe over the head of BT Shipping, as the cash strapped company struggles to restructure itself.
P&O in debt rating downgrade Moody's have lowered P&O's senior debt rating while assigning a Baa1 to planned Princess Cruises bonds.
Conoco and Maritrans team up on shuttle tankers US shipowners Conoco and Maritrans Inc are joining forces on shuttle tanker design.
Tanker boom puts Knightsbridge in the money Soaring earnings of the Ola Lorentzon headed company have turned high priced VLCCs into a real bargain.
Stena scoops VLCC time-charter Swedish tanker operator Stena Bulk has time-chartered one of its newly built VLCCs at a healthy rate.
Bocimar mounts fresh Capesize spree Belgian Capesize supremo Bocimar has swooped on the Capesize bulker market again, fixing a raft of vessels at strong rates.
Novoship plans fleet restructuring Russian owner to focus on tanker trade in fleet renewal programme.
Ukraine yard on the block A majority stake in the Okean yard is to be sold at auction next month.
TMM in $8m chemical deal Mexican transport company clinches two-year contract to ship bulk chemicals.
Secondhand VLCCs fetch strong prices Two 1970s-built VLCCs are rumoured to have been sold at healthy prices, way above demolition levels.
Smit buys Rivtow Marine Dutch salvage and towage group buys Canadian counterpart.
OMI moves into larger product carriers The US shipowner is buying two double hulled newbuildings from Pacific Carriers as part of a plan to move into a bigger league.
Piracy attacks up in Malacca Straits Reports of pirate attacks on merchant shipping in the first half of 2000 showed a worrying concentration in one of southeast Asia's busiest sea lanes.
Clarksons closes Seabrokers Shipbroker Clarksons is shutting up its US tanker shop and laying off 11 staff.
Star Cruises details fundraising plans Asian cruise king Star Cruises has outlined its proposals to raise cash.
BP toughens tanker vetting standards Oil major BP has announced new structural standards for tanker vetting from the start of next year.
Italy to axe shipbuilding costs Tax and interest rate package set to cut newbuilding costs by a fifth.
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