US Coast Guard to reward high-quality ships [SINGAPORE] The US Coast Guard is to reward high quality ships under an incentive programme in a bid to eliminate substandard shipping.
PSA launches new e-site for shippers
Shipping Corp of India gets award
Air and Land Transport
Airbus plans lighter version of proposed A330 to meet Asian needs [SINGAPORE] Airbus Industrie is studying the feasibility of building a lighter version of its proposed A330-500 jet to meet demands of key Asian customers, led by Singapore Airlines.
Asiana penalises three staff for overloading jet
Alaska Airlines offers to settle plane crash claims
Japan orders carrier to pay damages
Strike at Brussels airport cuts available runways to one
Taiwan, Philippines to sign new air service agreement today
Features
Carriers face taxing issue [WASHINGTON] MOST shipping people have never heard of Section 883 of the Internal Revenue Code of the US. But the relatively obscure legal provision is suddenly getting lots of attention from ship operators, airlines and their attorneys and accountants. Section 883 exempts foreign corporations from having to pay income tax on US domestic transportation operations that are part of international services.
US Coast Guard to reward high-quality ships [SINGAPORE] The US Coast Guard is to reward high quality ships under an incentive programme in a bid to eliminate substandard shipping.
PSA launches new e-site for shippers
Shipping Corp of India gets award
Air and Land Transport
Airbus plans lighter version of proposed A330 to meet Asian needs [SINGAPORE] Airbus Industrie is studying the feasibility of building a lighter version of its proposed A330-500 jet to meet demands of key Asian customers, led by Singapore Airlines.
Asiana penalises three staff for overloading jet
Alaska Airlines offers to settle plane crash claims
Japan orders carrier to pay damages
Strike at Brussels airport cuts available runways to one
Taiwan, Philippines to sign new air service agreement today
Features
Carriers face taxing issue [WASHINGTON] MOST shipping people have never heard of Section 883 of the Internal Revenue Code of the US. But the relatively obscure legal provision is suddenly getting lots of attention from ship operators, airlines and their attorneys and accountants. Section 883 exempts foreign corporations from having to pay income tax on US domestic transportation operations that are part of international services.
US Coast Guard to reward high-quality ships [SINGAPORE] The US Coast Guard is to reward high quality ships under an incentive programme in a bid to eliminate substandard shipping.
PSA launches new e-site for shippers
Shipping Corp of India gets award
Air and Land Transport
Airbus plans lighter version of proposed A330 to meet Asian needs [SINGAPORE] Airbus Industrie is studying the feasibility of building a lighter version of its proposed A330-500 jet to meet demands of key Asian customers, led by Singapore Airlines.
Asiana penalises three staff for overloading jet
Alaska Airlines offers to settle plane crash claims
Japan orders carrier to pay damages
Strike at Brussels airport cuts available runways to one
Taiwan, Philippines to sign new air service agreement today
Features
Carriers face taxing issue [WASHINGTON] MOST shipping people have never heard of Section 883 of the Internal Revenue Code of the US. But the relatively obscure legal provision is suddenly getting lots of attention from ship operators, airlines and their attorneys and accountants. Section 883 exempts foreign corporations from having to pay income tax on US domestic transportation operations that are part of international services.
Harbor truckers plan West Coast rallies on Tuesday Drivers in Oakland and Los Angeles-Long Beach will protest high fuel prices, a prelude to international rallies in 65 countries scheduled for Oct. 4.
UPS goes wireless in US Domestic customers in the United States can now access tracking and other information via wireless devices such as cell phones, Palm computers and even pagers.
At least one railroad can deliver good service An interview with E. Hunter Harrison of Canadian National.
Northwest Airlines Cargo to hike fuel surcharge on trans-Atlantic shipments
Aker Maritime won't attend Kværner EGM The battle of words between Norway's Aker Maritime and Kværner continues.
USCG offers incentives for quality ships The U.S. Coast Guard is launching a program intended to reward operators of quality ships. Aimed at non-U.S.-registered vessels that visit U.S. ports, Qualship 21, as the program is named, promises reductions in port state control examinations and streamlined inspection procedures.
US pledge cools oil market CRUDE oil prices slipped $2.50 per barrel yesterday morning in response to the US pledge to release oil from the Strategic Petroleum Reserve, writes Carly Fields.
Greeks in boxship bonanza ANOTHER five big container ships have been ordered from South Korea by Greece's Costamare Shipping, extending the largest newbuilding programme of any independent owner-operator in the sector.
Cammell plans to raise e125m CAMMELL Laird, Europe's largest shiprepair and conversion group, yesterday unveiled plans to raise E125m ($107m) through a bond issue to underpin its aggressive expansion programme.
Rolf Breuer, spokesman for the board of managing directors Rolf Breuer, spokesman for the board of managing directors at Deutsche Bank, is pictured under the letters EU while addressing a news conference as part of the annual meetings of the International Monetary Fund and World Bank in Prague yesterday.
Bids spark Rina freedom fears FRENCH classification society Bureau Veritas is ready to pay up to about E70m ($60.4m) in a combination of shares and cash to buy its Italian rival Rina, Lloyd's List can reveal.
Kiel call for more state subsidies SHIPYARD Howaldtswerke Deutsche Werft, Kiel, has called on the state government of Schleswig-Holstein to grant further subsidies to the region's shipyards.
Safety study may herald passenger craft rethink A new study commissioned by the Canadian Coastguard and the UK's Maritime and Coastguard Agency will provide a radical rethink of safety equipment installations on board vessels.
Boskalis in Brazilian venture DUTCH dredging group Boskalis Westminster has established a new company in Brazil with its Brazilian partner, Enterpa Engenharia Ltda.
Ouverture à Francfort du 58e salon IAA du véhicule industriel C’est ce samedi que s’ouvre à Francfort le salon IAA du véhicule industriels. Cette manifestation, considérée comme la plus grande au monde dans le secteur du camion, du bus, de la camionnette, de la semi-remorque, de la carrosserie industrielle et des accessoires, refermera ses portes le 30 septembre. Cette année, l’IAA ne se tient pas à Hanovre comme les années précédentes, puisque l’EXPO 2000 y a lieu. Il était prévu que l’IAA 2000 soit une grande foire de la haute conjoncture. La hausse du prix du pétrole et la baisse de l’euro en ont voulu autrement. L’ambiance n’est pas au pessimisme, mais les messages envoyés par les transporteurs manifestant partout en Europe incitent à la prudence, voire à l’inquiétude.
Mol-Hasselt reçoit la primeur des nouveaux autorails de la SNCB Dès le mois d’octobre prochain, la SNCB mettra en service entre Mol et Hasselt les premiers exemplaires des nouveaux autorails de la série 41. Outre le fait que ces autorails sont particulièrement performants et confortables, la SNCB inaugure aussi une version “non-fumeurs” de son matériel: un test qui sera suivi de très près.
KLM risque d’être exclue du mouvement de consolidation dans le secteur aérien La compagnie aérienne néerlandaise KLM doit poursuivre sa quêtre de partenaires en Europe. C’est ce qu’a déclaré son CEO Leo van Wijk au cours d’une conférence de presse suite à l’échec de la tentative de fusion avec British Airways. Les pourparlers auraient buté sur l’exigence du gouvernement néerlandais de garantir le caractère néerlandais de KLM.
BV makes final bid for RINA French classification society makes a plea for a European alliance as a deal with ABS moves closer.
Bocimar takes a fresh look at ABC Unstoppable capesize bulker enthusiast Marc Saverys looks poised to make a timely move to extend his share of the market.
Cammell Laird to raise funds for global expansion UK shipbuilder Cammell Laird is planning an issue of senior notes to reorganise its debt and provide cash to expand its operations world wide.
Hyundai wins $150m floater deal South Korean yard wins mammoth West African FSO.
ITF shows Arabella the yellow card Union inspectors adopt football style red and yellow card system to deal with shipowners who are not playing the game.
ITF targets bulk carrier A Cyprus managed bulk carrier has become the first to fall foul of a week of action against ships in European ports.
VLCC snatched back from breakers' jaws Tanker hungry shipbreakers are scouring the market, while strong rates are tempting some owners to have second thoughts about demolition.
Shun Tak boosts profit by a third Hong Kong shipping and property group Shun Tak Holdings has announced an increase in its interim profit.
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