S'pore oil tanker explodes and sinks off NW India AN empty Singapore-flagged and operated oil tanker Heng San sank off the north-west Indian coast yesterday after an explosion on board.
HK mid-stream handling fee: call for transparency
John Lu re-elected SNSC chairman
Royal Caribbean ship to resume sailing
Panama fake cert probe 'not over'
Air and Land Transport
Tread cautiously, investors eyeing China airports told CHINA's airport count and capacity may be booming but steady air traffic and lucrative privatisation deals may follow more slowly, according to a leading capital market transaction lawyer.
Small equity stake cannot secure BA-KLM link
BA should vacate Gatwick slots if it seeks tie-ups: easyJet
Strike takes heavy toll on S Korean airlines
Former airline buyer admits stealing US$2.8m
New rules make it tougher for US rail lines to merge
S'pore oil tanker explodes and sinks off NW India AN empty Singapore-flagged and operated oil tanker Heng San sank off the north-west Indian coast yesterday after an explosion on board.
HK mid-stream handling fee: call for transparency
John Lu re-elected SNSC chairman
Royal Caribbean ship to resume sailing
Panama fake cert probe 'not over'
Air and Land Transport
Tread cautiously, investors eyeing China airports told CHINA's airport count and capacity may be booming but steady air traffic and lucrative privatisation deals may follow more slowly, according to a leading capital market transaction lawyer.
Small equity stake cannot secure BA-KLM link
BA should vacate Gatwick slots if it seeks tie-ups: easyJet
Strike takes heavy toll on S Korean airlines
Former airline buyer admits stealing US$2.8m
New rules make it tougher for US rail lines to merge
GOP offers fast-track bill A House bill would give Bush trade promotion authority to negotiate agreements that Congress would approve or reject without amendment.
FedEx: Overhaul air traffic control A company executive called for better technology and management to break the gridlock over U.S. skies.
GT Nexus test OK; roll-out next The company will open its Web-based containerized freight services to general use in July.
Customs meets on drawback Drawback specialists are meeting today with Customs officials on exporters' duty drawback claims.
Majors team for USCG Deepwater Program Lockheed Martin and Northrop Grumman Ingalls Shipbuilding are creating a joint venture partnership to submit a "best value" solution for the U.S. Coast Guard's Deepwater Program.
Røkke tries to buy out Aker Maritime minority shareholders Norwegian entrepreneur Kjell Inge Røkke is seeking full control over Aker Maritime.
Bush names Navy acquisition nominee President George W. Bush intends to nominate John J. Young to be Assistant Secretary of the Navy for Research, Development and Acquisition.
IMO to act on places of refuge International Maritime Organization member governments are to consider of the issue of providing places of refuge to vessels in distress.
Piracy on rise The number of acts of piracy and armed robbery against ships reported to the IMO during 2000 was up by more than 50 per cent over the equivalent figure for 1999
Four crew lost in rescue as blast-torn Heng San sinks Ocean Tankers' 241,168 dwt VLCC Heng San, which had part of her hull and deck torn open by an explosion, sank in heavy weather yesterday with the loss of four crew. In satphone conver...
Maersk Sealand eyes Le Havre hub MAERSK Sealand and CMA CGM are looking to join Mediterranean Shipping Company in setting up hub operations at Le Havre's planned new Port 2000 container terminal. CMA CGM was already k...
General Maritime listing raises $144m Peter Georgiopoulos' General Maritime Corp has raised $144m through an initial public offering, around $18m more than expected owing to strength of demand. General Maritime has become...
New blow for Ocean Tankers OCEAN Tankers, the operator and manager of the VLCC Heng San is a major Singapore tanker owner and operator that generally keeps a low profile, writes Marcus Hand. What little has been publi...
La SNCB compte sur le Main Hub pour augmenter sa part de marché Ce terminal est un exemple de la stratgie que notre groupe SNCB développe à Anvers premier port ferroviaire européen, qui est très important pour nos activités, de même que ce port a besoin de nous. Nous nous rencontrons donc dans les efforts en ce sens que nous voulons augmenter et y développer nos positions et par la même occasion celle du port scaldien dans le contexte de la rangée des ports du Nord. Ces 5 dernières années, nous avons augmenténotre part de marché fret de 1% par an, ce qui peut paraître modeste mais compte tenu de la croissance dAnvers nous sommes satisfaits. La concentration des trafics sur ce centre est loccasion dorganiser plus de trains-blocs à des fréquences plus élevées et vers plus de destinations, ce qui est également à lavantage du port. Cest ce qua déclaré E. Schouppe administrateur délégué de la SNCB à loccasion de linauguration officielle mercredi dernier du Main Hub quexploite la filiale Inter Ferry Boats.
Intercontainer-Interfrigo fête son millionième wagon du Qualitynet Le 8 juin dernier, ICF accueillait à la gare de triage de Metz-Sablon, la plaque tournante de son Qualitynet, son millionième wagon. Loccasion de faire le point sur la technique et sur son évolution. Il faut en effet bien garder en tête que la technique du hub sapplique au trafic dit diffus, de wagons isolés, en attendant que le volume justifie la création dun train complet qui, alors, ne passe plus par le triage de Metz.
Le Dienst voor Scheepvaart clôture le millénaire sur un résultat record Pour la quatrième année consécutive, le Dienst voor de Scheepvaart (DvS) peut rapporter une hausse générale du trafic. Au cours de la dernière année du 20ème siècle, 36,04 mio. de t de marchandises ont été transportées sur le réseau de canaux de 324,5 km de long géré par le DvS. Par rapport à 1999, cela correspond à une hausse de près de 5 mio. de t ou de 16%. Sur le plan des prestations de transport, les résultats sont encore meilleurs: 2,7 mia. de t/km, une progression de 457 mio. de t/km ou de 20,33%.
Norden orders two tankers at Daedong The Danish owner has completed its latest newbuilding deal and revised its profit forecast upwards again.
USCG gets unexpected budget boost The US House of Representatives approved an additional $300m for the USCG's fiscal 2002 budget.
MarineProvider plunges into the red Frontline and Fearnley-backed e-commerce venture MarineProvider is off to rough start.
Northrop, Lockheed eye USCG Deepwater project Both shipbuilders have formed a joint-venture, hoping to land the coveted Deepwater project contract.
Fison Invest outlines bid to revitalise NaviBulgar Sweden's mystery Varna Shipyard bidder lays out its plans to pump $500m into the yard and state-run owner.
Exclusive US tugboat services under threat The lack of freedom to choose their own tugboat operator costs shipowners about $12m annually.
Statoil shortlists Sn'hvit bidders At least five shipowning groups are still in the running for Sn'hvit's LNG newbuildings.
Ecuador halts oil export shipments Repairs on a rupture to the country's main transnational oil pipeline will take 3-4 days.
Varun Shipping gears up for fleet expansion The Indian owner is raising money to enter the secondhand tanker market.
Canada fines tanker owner for oil spill The Singapore-registered oil tanker was charged with dumping 1,200 litres of oil near Nova Scotia.
SCI searches for suezmaxes Shipping Corp of India is looking to Korea in the pursuit of two 140,000-dwt tankers.
NITC grabs ULCCs for storage Both the National Iranian Tanker Co and Vela have snapped up large tanker tonnage in a sluggish market.
Wilhelmsen investment arm sees values rise A rising real estate market has upped the value of Wilh. Wilhelmsen's investments.
Noble mulls ship management expansion The Hong Kong shipping group may open a branch in Singapore, according to boss Richard Elman.
Cosco caught gun running to Cuba US officials say the Chinese shipping firm has been smuggling weapons to the Caribbean.
Seafarers lost as Heng San sinks Mystery surrounds whether crew were killed in blast or are missing during rescue operations.
Baltic Exchange in the red Freight market funds fall as it struggles to find new future.
Genmar IPO raises $144m General Maritime Ship Holdings has become the latest tanker owner to be listed on the NYSE.
Albert Peter new boss at Silversea Cruises Former head of Centre Solutions' cruise financing operation to head up luxury cruise line.
American Classic Voyages slashes staff The largest operator of US flagged cruise ships is sacking 15% of staff in a cost cutting exercise.
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