Smedvig to buy Keppel unit's share in US$82.5m rig OFFSHORE drilling contractor, Smedvig Asia Ltd, has announced plans to exercise an option to purchase Keppel Hitachi Zosen's 72 per cent interest in a US$82.5 million semi-submersible drilling rig.
Ocean Glory I crew win fight for wages
Pan-United's marine units boost H1 profit
Insurance premiums for ships calling at Colombo to be cut
OOIL's interim profit doubles
Air and Land Transport
Korean president orders probe into aviation industry PRESIDENT Kim Dae-Jung has ordered an investigation into South Korea's aviation industry after the US downgraded the country's air safety rating, officials said.
American Air ends code share with Asiana after safety downgrade
Boeing offers to buy CAL's A340 jets
Thai Air permitted to raise fares on overseas flights
Qantas hasn't approached us with offer: Virgin Blue
Smedvig to buy Keppel unit's share in US$82.5m rig OFFSHORE drilling contractor, Smedvig Asia Ltd, has announced plans to exercise an option to purchase Keppel Hitachi Zosen's 72 per cent interest in a US$82.5 million semi-submersible drilling rig.
Ocean Glory I crew win fight for wages
Pan-United's marine units boost H1 profit
Insurance premiums for ships calling at Colombo to be cut
OOIL's interim profit doubles
Air and Land Transport
Korean president orders probe into aviation industry PRESIDENT Kim Dae-Jung has ordered an investigation into South Korea's aviation industry after the US downgraded the country's air safety rating, officials said.
American Air ends code share with Asiana after safety downgrade
Boeing offers to buy CAL's A340 jets
Thai Air permitted to raise fares on overseas flights
Qantas hasn't approached us with offer: Virgin Blue
Berlioz first of CMA-CGM quintet MARSEILLES-based owner and operator CMA-CGM has taken delivery of the 6,630 teu CMA CGM Berlioz, the largest French containership. The 300 m-long vessel, pictured in the port of Le Havre yesterday...
Watchdog to probe A&P's Cammell deal UNION fears that UK shiprepairer A&P's £10m ($14m) buy-up of rival Cammell Laird's northern England assets on Friday will create an industry monopoly are to be examined by the Offic...
OOCL in box first with Freightliner OOCL has signed a landmark 10-year deal with UK train operator Freightliner for a dedicated daily container service between Southampton and Manchester. The Hong Kong-based container line sai...
Hull risk pact throws lifeline to Sri Lanka AN unprecedented deal has been hammered out between the Sri Lankan government and hull war risk underwriters in London to ease the insurance stranglehold on the country's seaborne trade. ...
Riley joy on Best Lloyd's boost LLOYD'S chairman Sax Riley has welcomed a decision by ratings agency AM Best to affirm the market's A rating and remove a "negative outlook" proviso attached to it, writes James B...
Journal of Commerce Group sold to Commonwealth Business Media Commonwealth Business Media signs agreement to purchase the assets of the publisher from The Economist Group.
Sri Lanka expects insurance relief Insurers have agreed to reduce premiums on ships calling at the Port of Colombo, senior government officials said.
Maersk nixes Taipei port project A consortium to develop a new container transshipment center will do it without the world's largest box carrier.
Inttra adds three to portal The multi-carrier ocean shipping portal has signed up a trio of third-party logistics providers that will bring to 2 million the total TEUs to be handled by the portal in 2001.
Ostende se prépare au lancement dun nouveau service passagers Dès que la commission compétente aura approuvé le Shengen Gate, le port dOstende pourra préparer la venue dun nouveau service pour passagers. Il sera assuré par Transeuropa Ferries (TEF), compagnie qui propose actuellement sept départs fret par jour dans les deux sens entre Ostende et Ramsgate.
OOIL réalise un premier semestre record grâce à OOCL Le groupe Orient Overseas (International) a réalisé un résultat record à lissue du premier semestre, le bénéfice après taxes et intérêts minoritaires étant passé de 24,45 à 40,30 millions dUSD, alors que le chiffre daffaires na augmenté que de 2,3% à 1,18 milliard dUSD. Cette performance résulte dun contrôle de plus en plus strict des coûts (les coûts opérationnels ont baissé de 24,38 mio. dUSD), à la forte position du dollar et à la faiblesse de leuro et du yen, à une diminution des prix du fuel et de la charge dintérêts, auxquels sajoutent de meilleurs résultats du secteur immobilier, ainsi quune meilleure performance dans le transport de containers. La filiale armement OOCL intervient pour 90% de la performance globale.
Le trafic fluvial français affecté par les inondations Au cours du premier semestre, le volume fret transporté sur les voies deau françaises a baissé de 5,6% par rapport à la même période de lannée dernière. Les prestations de transport ont régressé de 11%.
Opel Anvers perdrait déjà 5.000 Astras Malgré les mauvaises nouvelles, les ouvriers dOpel Anvers ont repris le travail lundi matin. Entre-temps, la direction dOpel envisage de transférer la production de 5.000 Astra dAnvers à Eisenach dans le cadre des conditions de marché actuelles. La direction dOpel Anvers rencontrera le ministre flamand des Affaires Economiques et des Affaires Etrangères Gabriels afin de lui présenter le plan Olympia.
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