World seaborne trade forecast to rise 2% [SINGAPORE] World seaborne trade, driven by the recovery of Asia's economies and sustained import demand in the US, is expected to grow by 2 per cent in 2000 to 5.34 billion tons, according to the United Nations Conference on Trade and Development (Unctad).
P&O to sell bulk shipping unit to Israel's Zodiac
Empty cruise ship sinks off US
Air and Land Transport
Airbus to give green light for superjumbo launch [MUNICH] Airbus Industrie was to give the go-ahead yesterday for the US$10.7 billion (S$18.5 billion) development of its new A3XX giant airliner, industry sources said.
Heathrow to invest '150m to handle A3XX
Rolls-Royce wins US$600m engine deal from Virgin Atlantic
US transport safety board chief Jim Hall to quit
CAL to increase Asian flights
Features
Playing safe with B747X A fleet of airborne cruise ships, Boeing Co, the world's biggest planemaker, is betting its own money on a less risky, if less inspiring proposition.
World seaborne trade forecast to rise 2% [SINGAPORE] World seaborne trade, driven by the recovery of Asia's economies and sustained import demand in the US, is expected to grow by 2 per cent in 2000 to 5.34 billion tons, according to the United Nations Conference on Trade and Development (Unctad).
P&O to sell bulk shipping unit to Israel's Zodiac
Empty cruise ship sinks off US
Air and Land Transport
Airbus to give green light for superjumbo launch [MUNICH] Airbus Industrie was to give the go-ahead yesterday for the US$10.7 billion (S$18.5 billion) development of its new A3XX giant airliner, industry sources said.
Heathrow to invest '150m to handle A3XX
Rolls-Royce wins US$600m engine deal from Virgin Atlantic
US transport safety board chief Jim Hall to quit
CAL to increase Asian flights
Features
Playing safe with B747X A fleet of airborne cruise ships, Boeing Co, the world's biggest planemaker, is betting its own money on a less risky, if less inspiring proposition.
World seaborne trade forecast to rise 2% [SINGAPORE] World seaborne trade, driven by the recovery of Asia's economies and sustained import demand in the US, is expected to grow by 2 per cent in 2000 to 5.34 billion tons, according to the United Nations Conference on Trade and Development (Unctad).
P&O to sell bulk shipping unit to Israel's Zodiac
Empty cruise ship sinks off US
Air and Land Transport
Airbus to give green light for superjumbo launch [MUNICH] Airbus Industrie was to give the go-ahead yesterday for the US$10.7 billion (S$18.5 billion) development of its new A3XX giant airliner, industry sources said.
Heathrow to invest '150m to handle A3XX
Rolls-Royce wins US$600m engine deal from Virgin Atlantic
US transport safety board chief Jim Hall to quit
CAL to increase Asian flights
Features
Playing safe with B747X A fleet of airborne cruise ships, Boeing Co, the world's biggest planemaker, is betting its own money on a less risky, if less inspiring proposition.
Air cargo volumes remain steady Despite the slowdown of the U.S. economy, carriers report healthy traffic with the peak period for express providers yet to conclude.
Airbus launches A3XX amid US concerns The project may lead to friction between Washington and the EU over subsidies for the $11 billion superjumbo.
Millions more due in HMT refunds A recent Supreme Court action means the government owes exporters up to $500 million more in Harbor Maintenance Tax refunds.
Luxus cash boost for Cammell ships Cruise industry newcomer Luxus Holdings has cleared the first of two hurdles in its £350m ($501m) bid to build two new luxury cruiseships at the Cammell Laird yard in Birkenhead.
Owner ordered to move tragic Lagik from blocked river Nene THE UK secretary of state's representative for marine salvage and intervention, Robin Middleton, has served a directive on the owner of the coaster Lagik which now blocks the River Nene in East Anglia.
P&O Nedlloyd 'clears the decks' for a listing PREPARATIONS for a listing of P&O Nedlloyd have cleared an important hurdle.
Underwriting losses hit insurers THE first year of the new millennium is not working out quite as hoped for the US property/casualty insurance industry, with new figures from the Insurance Information Institute revealing a 5% drop in net income in the first nine months of the year, to $16.5bn from $17.4bn in the same 1999 period.
Bulker safety pact hope An agreement on maritime safety, expected to be concluded between EU transport ministers when they meet today and tomorrow, include measures for the prevention of accidents to bulk carrying vessels, diplomats said yesterday.
Princess postpones cruiseship P&O Princess Cruises has negotiated with France's Chantiers de l'Atlantique an extension of an option for construction of the third of a series of 1,000 cabin cruiseships, the first two of which are already under construction at the yard.
Trasmed targets Spain with new cruise venture SPANISH Cruise Lines, a new Spain-based cruise operator, will start its cruising season on April 23 next year with a first weekly trip on the western Mediterranean.
P&O Irish Sea ferry on way from Japan P&O Irish Sea's latest conventional fast ferry the 24,800 tonne European Ambassador, has started her 10,800 mile delivery voyage from Japan to Liverpool under the command of P&O Irish Sea master Neil Spencer.
Mise en service du transporteur de produits chimiques “Thysstad” Le batelier Amedée Somers, le fils du propiétaire de navires, s’attend à pouvoir assurer un premier trajet commercial avec le pétrolier à double coque “Thysstad” en fin de semaine. La dernière acquisition de l’entrepreneur fluvial anversois Hubert Somers doit au préalable mener le programme d’essai à bon terme.
Finnlines et Transfennica poursuivront leurs activités séparément On croyait l’affaire pratiquement réglée, or l’autorité finlandaise chargée de la concurrence en a décidé autrement. En effet, les conditions que cette dernière a imposées à Finnlines pour la reprise de l’armement Transfennica sont telles qu’elles ne pouvaient être acceptées. Les deux entreprises poursuivront donc leur route séparément, ce qui peut laisser supposer que d’un côté comme de l’autre certaines adaptations pourraient intervenir sur le plan opérationnel.
La France veut conclure sa présidence de l’UE avec un accord sur le paquet “Erika I” Les ministres du Transport des quinze Etats membres de l’Union européenne tâcheront lors de la réunion des 20 et 21 décembre prochains d’arriver à un accord sur la première partie dudit paquet “Erika I”, qui contient des mesures pour améliorer la sécurité maritime. La directive sur les bureaux de classification (chargés de l’inspection des navires), ainsi que celle concernant les contrôles par l’Etat du port (port state control) devront être revues. L’ordonnance en ce qui concerne les pétroliers à double coque fera également à nouveau l’objet des discussions.
Une entreprise suisse acquiert 65% du bulgare Despred Les autorités bulgares ont vendu leur participation de 65% dans la plus grande entreprise d’expédition du pays, Despred, à l’entreprise suisse Spedicom, a déclaré le ministre des Transports, Slavinski, à un journal bulgare. Cette société serait implantée à Zurich, mais personne n’a jamais entendu parler d’elle. Despred se retranche dans le silence.
IPC boss quits Sales speculation over Osprey Maritime's product carriers is causing a shake-up at International Product Carriers.
Hvide set for Nasdaq listing The Florida based tanker operator is to begin trading on the Nasdaq market early in the new year.
Motortramp to go private The company that controls a key stake in Danish bulk carrier and tanker owner Norden is leaving the Copenhagen stock exchange.
UK detains 12 ships in November Two Panamanian vessels have clocked up 101 deficiencies between them in UK port state inspections.
Crewman dies in Houston Ship Channel collision One man died and four were injured in an incident which closed the Houston Ship Channel for two hours.
Aframax rates hit WS 300 A pre-holiday rush has bumped up Aframax tanker rates to another milestone figure.
ITF hangs fire on Big Red Boat II arrest Big Red Boat II is holding off port while talks continue over $400,000 in wages claims.
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