S'pore yards to merge in next 12 months: UBS Warburg SINGAPORE's three leading shipyards will merge into one global giant with a market capitalisation of nearly $2.4 billion, within the next 12 months, according to investment banker UBS Warburg.
Manila's port operators post poor results
Thai plans to privatise main ports back on track
Air and Land Transport
BA forecast to chalk up full-year profit of 375m BRITISH Airways plc is set to report this week that full-year operating profits soared to around 375 million from 84 million last year, helped by its decision to cut capacity.
Lufthansa pilots reduce pay demands, expect accord soon
Metal part falls from Air NZ plane
Southwest Air to add flights to new city this year
United Air to let some workers wear religious headdress
S'pore yards to merge in next 12 months: UBS Warburg SINGAPORE's three leading shipyards will merge into one global giant with a market capitalisation of nearly $2.4 billion, within the next 12 months, according to investment banker UBS Warburg.
Manila's port operators post poor results
Thai plans to privatise main ports back on track
Air and Land Transport
BA forecast to chalk up full-year profit of 375m BRITISH Airways plc is set to report this week that full-year operating profits soared to around 375 million from 84 million last year, helped by its decision to cut capacity.
Lufthansa pilots reduce pay demands, expect accord soon
Metal part falls from Air NZ plane
Southwest Air to add flights to new city this year
United Air to let some workers wear religious headdress
Carriers cleared in SED fee probe The Federal Maritime Commission said that ocean carriers did not collude in imposing surcharges for handling paper shippers' export declarations.
U.S. economy worries MOL, "K" Line The carriers reported their annual fiscal earnings and indicated concern about what the effect of the weakening U.S. economy will be on the shipping business in the coming year.
OOCL takes space on United Alliance The carrier will take slots on the Asia-U.S. East Coast leg of the United Alliance's All Water Pendulum service next month.
Crowley shies from 'public' eye Becoming a publicly-held company is unthinkable at Crowley Maritime Corp., which recently paid investors more than $1,500 per share to keep its financial data out of the public record.
Titan's big roll solves port wreck problem A temporary ship-breaking yard has been set up to remove the wreck of the 28,454 dwt timber carrier Coral Bulker from a breakwater outside the Portuguese harbour of Viana do Castelo near Oporto, wr...
Fredriksen in Golar gambit John Fredriksen is backing a new liquefied natural gas shipping company which has raised $280m and intends to list on stock exchanges in Oslo and New York. And there is speculation that bef...
Vessel lock-in as Leer pulls plug Situated southeast of Emden, the German port Leer - which means "empty" in German - has almost everything it needs as Lower Saxony's major place of transhipment for bu...
Three dead as yacht collision closes port of Dublin Dublin port was closed for several hours yesterday when a yacht sank with five people on board after colliding with a general cargo vessel. One crew member from the yacht Debonaire was resc...
Eight oil majors win Saudi Arabian gas stakes Saudi Arabia has declared eight leading oil companies as winners in the race for a stake in its multi-billion dollar gas development initiative, the kingdom's biggest opening to foreign inves...
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