Pusan port to spend 58b won on deepening harbour SOUTH Korea's main Port of Pusan is expected to get a deeper north harbour and access channel after approval by the Ministry of Maritime Affairs and Fisheries.
Three Japanese shipbuilders to seal partnership
Thai dockworkers stage protest
Truck drivers strike at Colombia port, coffee exports hit
Completed dredging works handed over to Tanjung Pelepas
Grimaldi takes share of ACL
Air and Land Transport
KLM, Northwest invest US$65m in premium seating [SINGAPORE] Airline allies Northwest Airlines and KLM Royal Dutch Airlines announced yesterday the scrapping of first class seating, and unveiled a new and improved business class.
JAL to raise freight charges to offset rise in jet fuel costs
Pusan port to spend 58b won on deepening harbour SOUTH Korea's main Port of Pusan is expected to get a deeper north harbour and access channel after approval by the Ministry of Maritime Affairs and Fisheries.
Three Japanese shipbuilders to seal partnership
Thai dockworkers stage protest
Truck drivers strike at Colombia port, coffee exports hit
Completed dredging works handed over to Tanjung Pelepas
Grimaldi takes share of ACL
Air and Land Transport
KLM, Northwest invest US$65m in premium seating [SINGAPORE] Airline allies Northwest Airlines and KLM Royal Dutch Airlines announced yesterday the scrapping of first class seating, and unveiled a new and improved business class.
JAL to raise freight charges to offset rise in jet fuel costs
Halterm nails down Halifax terminal lease A bitter, months-long dispute has ended with the port's main container terminal securing a new 20-year rental agreement.
European trucker protests intensify As truckers blocked highways Tuesday protesting high fuel costs, Britain was poised to take emergency measures to ensure that supplies reach hospitals and other vital services.
Atlas Air, pilots contract talks enter mediation The Air Line Pilots Association and management of Atlas, the world's largest operator of 747 freighters, have been negotiating since April for the crews' first contract.
Deutsche Post scales back stock offering The German mail, transport and logistics group says the size of the stake that will be sold by the government in an initial public offering will be at the lower end of the 25% to 35% range it suggested earlier in the year.
MEBA membership OKs contract with OSG
FedEx Express signs accord with French postal service
Northwest Airlines Cargo to increase fuel surcharge
New ballast rules to kick in this month in Washington
Seaport crime commission issues report
Rep. Bateman, senior transport committee member, dead at 72
Japanese coast guard urges better approach to piracy
ATA: Intl cargo continues to grow; domestic declines
P&O Ports gets nod on terminal project in southern India
India, Russia to sign agreement on new transport corridor
Clean air : Expensive for shipowners Poten & Partners is warning that MARPOL limits on sulfur in fuel will prove costly for shipowners.
MariTEL network a step nearer The network unit of Williams Communications has signed a 20-year, $93 million agreement to provide the nationwide backbone for the new marine VHF radiotelephone network being developed by MariTEL,
Offshore Systems gets exclusive rights to market advanced maritime positioning technology Offshore Systems International Ltd. has signed an agreement that gives it exclusive worlwide marketing rights to a technology that enhances the accuracy and fault tolerance of electronic chart navigation systems.
Visma sells Visma Marine to Station 12 Norway's Visma ASA says it has entered into an agreement in principle with Station 12 BV regarding the sale of its marine division
FGH gets $52 million in new orders Friede Goldman Halter, Inc. has signed nine contracts with a combined value of more than $52 million, excluding options.
Oil crisis bites EUROPE faced an unprecedented wave of protests at rising fuel costs yesterday that threatened to strangle industry's supply lines, as oil prices remained near 10- year highs despite Opec's pledge of increased crude production.
Lines braced for cargo bottlenecks MAJOR shipping lines were still managing to move inbound cargo from the ports to most destinations across Britain yesterday, but expect road haulage for long distance deliveries to stop by this morning as fuel supplies dry up.
Noble profit on Asia economy rebound NOBLE Group, the Hong Kong-headquartered, Singapore-listed shipping and raw materials company, saw interim net profits soar a massive 378% to $11.3m.
The London Stock Exchange The London Stock Exchange yesterday scrapped its controversial plan to merge with the Frankfurt bourse so it could fight off a hostile bid from the operator of the Stockholm market, OM Gruppen. The London exchange said it would be impossible to go ahead with the merger while fighting off OM Gruppen's offer. However LES chairman Don Cruickshank stressed that the exchange remained committed to cross-border consolidation of European bourses to boost liquidity and bring down transaction costs. He said: "When the OM offer has been seen off, the board - in full consultation with shareholders and customers - will review the means by which London's pre-eminent role in European equities trading can be best promoted in both their interests."
Brittany orders Channel giant FRENCH cross-Channel operator, Brittany Ferries, has placed an order worth an estimated FFr800m ($110m) with Dutch shipbuilder, Van der Giessen-de Noord, for what it says will be the biggest dedicated ferry in service on the Channel.
British unions call for more action on crew support BRITAIN'S Trades Union Congress yesterday carried unanimously a resolution calling for full implementation of the Alexander and Commons transport sub-committee reports on the UK shipping industry.
Brazil driller sues Ocean Rig over Bingo hold-ups OSLO-listed Ocean Rig is facing a $448.65m claim from a joint venture dominated by Brazilian drilling contractor Maritima Petroleo e Engenharia, allegedly because the delayed delivery of Ocean Rig's two Bingo rigs being finished in Mississippi caused Maritima to lose out on drilling contracts with Petrobras.
UN ruling call on Mina al Bakr fees INTERTANKO has urged the United Nations to rule on the legality of newly introduced port charges at the Iraqi port of Mina al Bakr, the main outlet for crude oil under the UN's Oil for Food Programme.
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