Gold Team picks NNS design for DD 21 electric drive design The Ingalls Shipbuilding division of Litton Industries, Inc., leader of the DD 21 Gold Team, has selected an industry team led by Newport News Shipbuilding for the preliminary design of an electric drive propulsion system
Noble Drilling forms joint venture Noble Drilling Corporation has formed a joint venture with CROSCO, Integrated Drilling & Well Services Company ("CROSCO"), a wholly owned subsidiary of INA- Industrija nafte d.d. Zagreb. The joint venture owns and operates a 300-foot jackup rig.
BP Amoco weighs up LNG gamble UK OIL major BP Amoco is poised to make a massive speculative investment in the liquefied natural gas sector at the end of this month by ordering up to five large LNG carriers.
Oil sector hopes for UK ship tax breaks HOPES rose yesterday that the promised new British shipping taxation regime could eventually be extended to vessels operating in the North Sea oil and gas sector, writes our Parliamentary Correspondent.
Red Funnel sale may give ABP £80m boost ASSOCIATED British Ports looks set to raise more than £80m ($120m) through the sale of Isle of Wight ferry operator Red Funnel Group as the UK's largest ports operator rids itself of non-core businesses.
Hessenatie to merge with Noord Natie BELGIUM'S CMB's stevedoring unit Hessenatie merger with Noord Natie will bring "important" synergies and a possible initial public offering, Noord Natie chief executive Philip Van Gestel claimed yesterday.
Brussels attempt to level tariffs EUROPEAN Commission port policy official Wolfgang Elsner sees the planned directive on port services as limiting the tariff differences between ports for the same service.
Alianca Rotterdam The 22,015 dwt boxship Alianca Rotterdam is pictured in the port of Le Havre during her first call. The 1,608 teu vessel is deployed in the North Europe-ECSA joint service of Hamburg-Süd, Alianca and CMA-CGM. She was built in 1997 by Meeres Technik Shipyard of Wismar as Antje Schulte.
Gard faces bill for Ukraine oil spill NORWEGIAN protection and indemnity club Gard stands to pay a $2.89m fine to Ukrainian authorities for environmental damage caused by a recent oil spill.
Union may extend Fiji cargo ban THE Australian Council of Trade Unions said yesterday unions may expand their bans against cargo from Fiji if rebel leader George Speight did not release his hostages and restore democracy in Fiji.
Boeing won't offer jet to challenge Airbus A3XX A freighter remodel of the 747-400 is in the works, chief Phil Condit said.
ILA contract talks go on; no word on extension The reported deal would extend the current contract through Sept. 2004.
Radioshack chooses TradeCard for online ex-im RadioShack Corp. has begun using Tradecard's online system for transactions ranging from purchase orders to payments.
Halifax future clouded by politics in port rent rift The Canadian government canceled agency hearings to resolve a multi-million dollar rent dispute.
Railroads: Give us notice Five carriers have asked a Federal court to order unions to give 10 days' notice before striking.
Ryder opens Foreign Trade Zone center in San Antonio
Carter Named CIO at FedEx
Canadian Pacific opens Detroit intermodal center
New York Regional Rail appoints new CFO
Indian express company links up with TNT
Port of Montreal rejects offer to sell property
UPS accelerating growth of service parts logistics
Internet load-matching sites spring up in Mexico
Lufthansa Cargo chief says air cargo and e-commerce are interdependent
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