Iranian national line stays on course despite rough seas Carrier enjoying growth in spite of rising costs, unstable freight rates
Indian coast guard shadows hijacked ship
Tourists rescued from burning Thai ferry
Upgrading work on Panama Canal underway
Shipper commissions study on cargo crime
Port shots
Air and Land Transport
China airlines to benefit from WTO entry in long term Expected increase in passenger, cargo traffic will come hand in hand with greater competition from non-Chinese carriers
Iranian national line stays on course despite rough seas Carrier enjoying growth in spite of rising costs, unstable freight rates
Indian coast guard shadows hijacked ship
Tourists rescued from burning Thai ferry
Upgrading work on Panama Canal underway
Shipper commissions study on cargo crime
Port shots
Air and Land Transport
China airlines to benefit from WTO entry in long term Expected increase in passenger, cargo traffic will come hand in hand with greater competition from non-Chinese carriers
Cruise to nowhere company acquired American Imaging, Inc. (NQB:AMIG) announced today that it has agreed to acquire 100% of SeaEscape Casino Cruises and its operations in a stock-for-stock transaction.
Indian Coast Guard monitors hijacked ship An Italian owned ship, the 10,576 gt Med Star, has been seized by stowaways en route from Banda Abbas, Iran for Kandla, India.
SEACOR announces potential financing plan for Chiles Seacor Smit Inc. says its 55% owned subsidiary Chiles Offshore LLC is contemplating a plan of financing that may include an initial public offering of its equity.
A P Møller takes stake in OneSea internet site ONESEA.COM, the high profile electronic trading platform, has secured financial backing from another shipping heavy weight, with A P Møller taking a financial stake in the maritime e-commerce start-up.
Rowland denies asbestosis plot FORMER Lloyd's chairman Sir David Rowland, now head of National Westminster Bank, has denied in court there was a conspiracy at Lloyd's to keep the true extent of asbestos claims from new names.
Brazil reinsurer faces new sell-off delay BRAZIL'S insurance industry is braced for new delays to the privatisation of state reinsurer Instituto de Resseguros do Brasil despite the government's determination to sell the remainder of its shares next month.
NKK to axe 10% of its workforce JAPANESE steel producer and shipbuilder NKK is to cut its workforce by over 10% during the next three years as part of a wider exercise to restore the company to profitability.
Panalpina and Rhenus in logistics alliance SWISS forwarding group Panalpina and Dortmund-based logistics specialist Rhenus are to co-ordinate their inter-continental logistics activities.
A grand old lady makes a rare Channel appearance THE 33-year-old Bahamian cruise liner Albatross, a grand old lady of the North Atlantic, anchored in Falmouth harbour south west England yesterday for a brief cruise call before she docks in Dover today at the end of a round Britain cruise.
Van Miert accused of bullying Taca members INTIMIDATING language from Karel van Miert, the EU's former competition commissioner, forced North Atlantic carriers to abandon multimodal freight rates before an appeal had reached court, judges hearing a case brought by the Trans-Atlantic Conference Agreement have been told.
Brussels ruling on changes expected soon MEMBERS of the Trans-Atlantic Conference Agreement are cautiously hopeful that the European Commission may give its verdict on the revised version within the next few weeks, writes Janet Porter.
Open skies: No breakthrough seen Negotiations to end the seven-year stalemate between Britain and the United States open Tuesday in London, but officials are playing down prospects for a deal.
APL begins service to Malaysia's Port of Tanjung Pelepas The carrier Monday began fixed weekly calls to the port as part of its West Asia Express service, with a rotation including Kaoshiung, Hong Kong and Colombo.
A Tale of two ships A Greek-owned freighter sits idle in Argentina, a victim of the confusion in the shipping industry as it confronts growing political pressure to drive rogue vessels from the high seas.
CN upgrades intermodal schedules
Hong Kong's economic growth expected to exceed 6% this year
Comerica to offer TradeCard to importers, exporters
ClearCross to provide landed costs to Ariba's customers
FedEx to help customers build 'online stores'
Mitsui O.S.K. launches inter-West Africa service
Bangladesh vows to speed up customs clearance
Italian ship hijacked en route to India
United Airlines Cargo signs lease for Alaska terminal
Emery names two vice presidents for Asia
Malaysian air express company eyes overseas expansion
U.S., Britain play down hopes for aviation breakthrough
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