IMO seeks bigger role in regulating shipping [SINGAPORE] The International Maritime Organisation (IMO) has called for an expanded role for itself to ensure that governments meet the obligations under their conventions.
ITF drive against problem ships in Asia a success
Air and Land Transport
Taiwan moves to increase transport links with China [TAIPEI] Taiwan's civil aviation authorities yesterday approved applications for an increase in domestic flights to the outlying Kinmen Island, officials said.
Impulse Airlines aims to sell shares in early 2002
Dubai gives nod to airport expansion
Railtrack to blame for Hatfield train accident: UK regulator
BMW in talks to sell 2 UK plants
US passes law to improve airport security
Airlines urged to warn passengers of blood clot risks
IMO seeks bigger role in regulating shipping [SINGAPORE] The International Maritime Organisation (IMO) has called for an expanded role for itself to ensure that governments meet the obligations under their conventions.
ITF drive against problem ships in Asia a success
Air and Land Transport
Taiwan moves to increase transport links with China [TAIPEI] Taiwan's civil aviation authorities yesterday approved applications for an increase in domestic flights to the outlying Kinmen Island, officials said.
Impulse Airlines aims to sell shares in early 2002
Dubai gives nod to airport expansion
Railtrack to blame for Hatfield train accident: UK regulator
BMW in talks to sell 2 UK plants
US passes law to improve airport security
Airlines urged to warn passengers of blood clot risks
ILWU's Spinosa leaves door open to boosting port technology Union president James Spinosa said opening the contract with the Pacific Maritime Association to discuss technology-based productivity measures at West Coast ports "is not out of the question by any means." Waterfront employers are eager to implement computer-based technology already in use overseas.
TACA to raise West Coast-Europe rates on Jan. 1 The Trans Atlantic Conference Agreement is planning a general ocean rate increase of $240 per TEU and $300 per FEU. A similar rate increase was implemented on Sept. 1.
A look at the 'other' China Despite the lack of normal relations, Taiwan remains a U.S. trade bellwether.
Canadian conferences raising freight rates
Overnite expands into Mexico
Fesco to boost service to Russian Far East
Oakland takes delivery of four post-Panamax cranes
Celarix names Pieri VP of product management
CN's third quarter earnings increase 9%
Sale of logistics unit lifts CSX Corp. into the black
High fuel prices, slumping grain and coal traffic hurt BNSF earnings
Canadian owner-operators reach agreement on fuel surcharges
Graykowski leaves MarAd Acting U.S. Maritime Administrator John Graykowski will resign his position on November 4.
London and New York stock market launch for P&O Princess Cruises P&O Princess Cruises plc ("P&O Princess") yesterday saw the launch of its shares on the London Stock Exchange and of its ADRs on the New York Stock Exchange ("POC"). This move follows the demerger of the company from the P&O Group.
Sale-leaseback for Aker seismic ships Aker Maritime has sold its two seismic ships for NOK 900 million and entered a lease-back arrangement. This frees up NOK 750 million in capital which will mainly replace short-term financing established in connection with the buy out of its partner's 49 per cent in Aker Gulf Marine.
VLCC tanker giant rises in the east JAPANESE oil majors Nippon Mitsubishi Oil and Cosmo Oil have finalised the tie-up of their fleets into a VLCC giant with some 33 ships as rates for large tankers surge through the $100,000 per day mark for the second time this year.
Plight of 'forgotten' Premier crew THE 280-strong crew of the cruiseship Seawind Crown claim they have been abandoned without pay, food and water in the wake of the Premier Cruises bankruptcy.
CP Ships buys boxships to cut rates exposure CP SHIPS has bought seven secondhand containerships in recent months in order to lessen exposure to high short-term charter rates.
Antonov ferries Bridgestone tyres Antonov Airlines has flown more than 540 tonnes of tyres on special charter for Japanese manufacturer Bridgestone, whose US subsidiary is at the centre of one of the biggest product recalls in business history.
Cosco Net sale flop sinks values hopes A FAILED attempt to spin off Cosco's internet logistics arm for US$128m in Hong Kong has dealt a sobering blow to hopes for high market valuations of internet maritime players.
The Ming Plum pictured making her maiden call at the Port of Felixstowe The Ming Plum pictured making her maiden call at the Port of Felixstowe's Trinity Terminal. The 5,551 teu vessel operates on Yang Ming's Asia Express Service calling at Felixstowe, Antwerp, Singapore, Hong Kong, Kaohsiung, Rotterdam and Hamburg.
Nigeria poised to confirm third LNG newbuilding Nigeria LNG is bumping up its LNG newbuilding orderbook to cover export cargo requirements.
CESA files complaint over Korean subsidies Europe's shipbuilders have lost patience with diplomatic efforts to combat alleged subsidies to Korean yards.
Stolt-Nielsen teams up with Tokyo Marine Chemical shipping players Stolt-Nielsen Transportation Group and Tokyo Marine are to operate a joint service between Europe and Asia.
KOGAS ponders newbuilding Korean LNG importers are facing a stark choice as they find themselves short of tonnage and charter rates hit six figure sums.
Gorthon mulls reflagging fleet High costs and reduced profits are prompting forestry products shipper Gorthon Lines to consider taking its ships offshore.
Japanese oil refiners to pool VLCCs Nippon Mitsubishi Oil and Cosmo Oil are combining their VLCC fleets in a cost cutting drive.
Ugland Nordic's profits soar Norwegian shuttle tanker operator Ugland Nordic Shipping has announced vastly improved figures for the first nine months, as speculation mounts over the identity of the buyer of an 8% stake.
Further trouble brewing for Neptune Dorado Class society DNV is recommending that the Polembros tanker's safety management certificate be considered invalid.
NITC pushes for privatisation National Iranian Tanker Co boss Mohammad Souri has been outlining privatisation plans for the company.
ITF claws back Premier crew cash Union officials are on the case to recover up to $2.5m for crew of collapsed Premier Cruise Line, and they have already had some success.
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