Mitsubishi Heavy to axe 20% of shipbuilding staff [TOKYO] Mitsubishi Heavy Industries Ltd said it plans to cut a fifth of its 6,000 shipbuilding workers over the next six years in an effort to lower costs and regain market share from South Korean rivals.
Hutchison Port to invest US$250m in Tanjung Priok
Cosco Pacific H1 profit up 3.7%
"Estonia" divers begin probe
Air and Land Transport
Boeing close to clinching US$5b in new orders [SEATTLE] Boeing Co, which has already landed more jetliner orders than it did last year, is close to winning at least another 60 valued at US$5 billion (S$8.6 billion) or more, analysts said.
Gulf Air crash due to human error
Air Canada may spend US$5b to buy new planes
Paris, truckers reach deal on fuel prices
10% growth seen in Indian air travel
Features
Safety is his business [PERTH] FORMER Australian Special Air Services officer Rick Parish is progressing a business strategy to raise the safety and survival skills of hundreds of thousands of South-east Asian seafarers.
Spill teams pump all oil from STYL parameter error Erika
Mitsubishi Heavy to axe 20% of shipbuilding staff [TOKYO] Mitsubishi Heavy Industries Ltd said it plans to cut a fifth of its 6,000 shipbuilding workers over the next six years in an effort to lower costs and regain market share from South Korean rivals.
Hutchison Port to invest US$250m in Tanjung Priok
Cosco Pacific H1 profit up 3.7%
"Estonia" divers begin probe
Air and Land Transport
Boeing close to clinching US$5b in new orders [SEATTLE] Boeing Co, which has already landed more jetliner orders than it did last year, is close to winning at least another 60 valued at US$5 billion (S$8.6 billion) or more, analysts said.
Gulf Air crash due to human error
Air Canada may spend US$5b to buy new planes
Paris, truckers reach deal on fuel prices
10% growth seen in Indian air travel
Features
Safety is his business [PERTH] FORMER Australian Special Air Services officer Rick Parish is progressing a business strategy to raise the safety and survival skills of hundreds of thousands of South-east Asian seafarers.
Spill teams pump all oil from STYL parameter error Erika
Mitsubishi Heavy to axe 20% of shipbuilding staff [TOKYO] Mitsubishi Heavy Industries Ltd said it plans to cut a fifth of its 6,000 shipbuilding workers over the next six years in an effort to lower costs and regain market share from South Korean rivals.
Hutchison Port to invest US$250m in Tanjung Priok
Cosco Pacific H1 profit up 3.7%
"Estonia" divers begin probe
Air and Land Transport
Boeing close to clinching US$5b in new orders [SEATTLE] Boeing Co, which has already landed more jetliner orders than it did last year, is close to winning at least another 60 valued at US$5 billion (S$8.6 billion) or more, analysts said.
Gulf Air crash due to human error
Air Canada may spend US$5b to buy new planes
Paris, truckers reach deal on fuel prices
10% growth seen in Indian air travel
Features
Safety is his business [PERTH] FORMER Australian Special Air Services officer Rick Parish is progressing a business strategy to raise the safety and survival skills of hundreds of thousands of South-east Asian seafarers.
Spill teams pump all oil from STYL parameter error Erika
Customs slates Post Entry Amendment update The service has scheduled a Thursday satellite broadcast to discuss the policy change that will eliminate Supplemental Information Letters.
Impasse in French truck blockade Truckers agreed to hold out for further concessions in protest against soaring diesel prices.
FMC investigates Mississippi tug contracts Agency is looking into anti-competitive activities by terminal operators and ocean carriers on the river.
Chen named president of Yangming The top executive will continue to act as chairman of the Taiwanese shipping group, replacing Frank F. H. Lu, who stepped down after five years as president.
Package carriers bolster Korean services The courier war in South Korea is heating up, with FedEx buying out its local partner and Emery Worldwide extending its high-priority service.
Canadian National in contract deal with maintenance union
Global online holiday sales to rise 85% this year
High on the hog: EGL Inc. signs contract with Harley-Davidson
FPSO to be upgraded to reduce roll Petroleum Geo-Services ASA has received approval to proceed with a vessel improvement plan for the Ramform Banff FPSO. The upgrade will significantly reduce the roll motions of the FPSO and allow it continue North Sea operations for the foreseeable future.
Can aging offshore fleet cope? "The upturn in the offshore industry is beginning, bringing with it a demand for more high quality offshore vessels," saysJohn Westwood of energy industry analysts Douglas-Westwood
FirstWave/Newpark awarded Jack Ryan contract FirstWave/Newpark Shipbuilding has been awarded a contract from Global Marine Drilling Company of Houston, Texas for final commissioning of drilling equipment and other miscellaneous completion work on the newbuild drillship Glomar Jack Ryan.
Liberian Registry launches internet tonnage tax calculator The Liberian Registry has put an instant tonnage tax calculator on its web site.
OMI refinances OMI Corporation has accepted an offer from a group of banks led by Christiania Bank og Kreditkasse to refinance its existing bank indebtedness
"White paper" on cruise ship waste management The U.S. EPA is making available a discussion paper with preliminary information on waste management practices on cruise ships
First oceangoing U.S-flag newbuilding to DNV Class A 37,237 grt car carrier is the first ever U.S. flag ocean-going cargo ship to be built in the U.S. to Det Norske Veritas class.
Bedplate cracking in VLCC diesels Wärtsilä NSD Corporation and HSD Engine Co Ltd, on behalf of Hanjung (KHIC) have issued a response to newspaper reports on cracking in the bedplates of some Sulzer low speed diesels.
Seascope poised for Braemar merger London shipbroking is set to witness its most significant merger for more than 30 years following the disclosure that Seascope Shipping and Braemar Shipbrokers plan to combine forces.
OneSea.com paves way for procurement alliance A FORMIDIBLE alliance in marine procurement has been formed following the purchase by OneSea.com of a 25% stake in the Marine Contracting Association, which was formed by three leading shipping groups last year, writes Tony Gray.
Don't peddle talk about death of the cycle A DEATH has been reported, but, as does happen in insurance circles, prematurely, writes James Brewer.
TotalFinaElf pumps out record profits NEWLY formed French oil group TotalFinaElf yesterday announced record first half profits totalling E3.4bn ($3.23bn) but said that it wanted to see oil prices fall.
Concordia tanker loading plea SWEDISH tanker owner Concordia Maritime has called for European action to introduce thorough condition assessments for all tankers over 10 years and hydrostatic balanced loading for all single-skin vessels.
Olsen holds out the hope of rig work for Harland OSLO-listed Fred Olsen Energy has threatened a closure of Belfast's historic Harland & Wolff shipyard if it loses an arbitration decision expected tomorrow. But Fred Olsen has also dropped a tantalising hint about a new offshore conversion project on one of its own rigs, which might bolster Harland & Wolff.
No need for panic as freight rates lose fizz SPARKLING wine has replaced champagne as the tanker market's tipple as rates have retreated from August's heady highs, writes Carly Fields.
Lance Corporal Mark Orr Lance Corporal Mark Orr of the 1st Royal Irish Regiment guards the Royal Fleet Auxiliary ship Sir Percivale at a quayside in Freetown. On board the vessel are the five British soldiers who were last week freed by rebels. A further six soldiers are still being held by the kidnappers.
La tension monte d’un cran en France Les discussions entamées lundi après-midi se sont soldées par un échec. Les transporteurs routiers ont maintenu leurs barrages mardi, alors que la pénurie d’essence et de gazole menaçait déjà certaines régions françaises.
P&ONL aura un terminal à containers à Abidjan C’est maintenant officiel, l’armement P&ONL va réaliser un grand terminal à containers dans le port d’Abidjan où il vient d’obtenir une concession portant sur un site de 40 ha et ce pour une période de 30 ans. L’opération sera réalisée dans le cadre d’un consortium impliquant TCI Infrastructure Ltd et Christiani & Nielsen. L’installation aura une capacité annuelle de 500.000 TEU.
Rotterdam doit entrer dans l’ère électronique” Le port de Rotterdam va devoir combiner ‘ancienne’ et ‘nouvelle économie’ afin de pouvoir refaire son retard sur le plan de la qualité. Le port semble être ‘rattrapé’ par d’autres ports du nord-ouest de l’Europe sur le plan du transbordement de containers, et devra tenir compte de l’émergence rapide des ports du sud de l’Europe, de plus en plus concurrentiels. Ce sombre constat a été dressé lors du séminaire Une nouvelle voie n@vigable, organisé le week-end dernier pour lancer le Festival portuaire mondial au terminal de croisières de Rotterdam.
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