Class cannot refuse work from substandard flag states CHAIRMAN of the classification society American Bureau of Shipping (ABS), Frank Iarossi, has rejected a call for classification societies to stop carrying out survey work for flag states known to have poor records.
Bangladeshi ports step up anti-piracy patrols
Port shots
Air and Land Transport
US Senate Bill proposes airline acquisition ban [WASHINGTON] Major US airline acquisitions would be banned for two years under a bill introduced by Senator Byron Dorgan as lawmakers question the effect of combinations on consumers and airports. Mr Dorgan's bill would ban the transactions while the federal government studies the outcome of air industry consolidation on US travellers. The rule would apply if the combined company would have 10 per cent or more of US passenger traffic.
South Korea's new airport to break even in eight years: CEO
Class cannot refuse work from substandard flag states CHAIRMAN of the classification society American Bureau of Shipping (ABS), Frank Iarossi, has rejected a call for classification societies to stop carrying out survey work for flag states known to have poor records.
Bangladeshi ports step up anti-piracy patrols
Port shots
Air and Land Transport
US Senate Bill proposes airline acquisition ban [WASHINGTON] Major US airline acquisitions would be banned for two years under a bill introduced by Senator Byron Dorgan as lawmakers question the effect of combinations on consumers and airports. Mr Dorgan's bill would ban the transactions while the federal government studies the outcome of air industry consolidation on US travellers. The rule would apply if the combined company would have 10 per cent or more of US passenger traffic.
South Korea's new airport to break even in eight years: CEO
West Coast port volume declines Containerized imports through West Coast ports slid in February, indicating that retailers are concerned about the domestic economy and consumer confidence.
Holt companies file Chapter 11 Debt from the 1997 acquisition of Navieras takes its toll.
DiFrancesco opposes marine pilot changes New Jersey's acting governor said the marine pilot system in New York harbor works well and should not be changed - at least not for the moment.
Shipowners booked 1M TEUs in '00 The world's container shipping fleet capacity will jump by 25% by the end of 2002, after a $13 billion spending spree by shipowners.
FedEx net off in 3Q Earnings slide as the express provider warns of a slower-than-expected market.
Cover to soar on P-36 loss Energy insurance rates are set to soar after the loss of the Petrobras' P-36 oil platform in Brazil on Tuesday wiped out almost 60% of the global energy premium in one hit. The calamity has l...
Mystery Swiss owner of Balu AN unnamed Swiss investor with a penchant for doomed aged chemical tankers, has emerged as the owner of the 9,981 dwt chemical carrier Balu , which sank yesterday. The casualty ca...
Double whammy for Italian insurer Siat WITH two total losses in less than a month, Italian insurer Siat could probably qualify in the record books as the unluckiest insurer in the marine industry, writes Giovanni Paci. ...
Anvers et sa darse à marée: de nouveaux permis pour septembre? Si tout va bien, les travaux de construction de la darse à marée sur la rive gauche de l’Escaut pourraient reprendre un rythme accéléré en septembre/octobre prochain. Selon le ministre flamand de l’Economie et de l’Aménagement du territoire D. Van Mechelen, il s’agit cette fois de faire un sans fautes administratif et juridique.
Freight Traders se lance sur le marché du Benelux Le marché virtuel pour les transports Freight Traders, lancé au UK par le groupe alimentaire britannique Mars, a étendu son champ d’activité au continent. Il s’agit d’un système internet mettant en rapport les chargeurs et les transporteurs afin qu’ils puissent conclure des contrats de transport. A l’opposé d’une bourse de transport (telle que Teleroute, par exemple) Freight Traders ne met pas l’accent sur les commandes “spot” (trouver du fret de retour dans le cadre d’un transport spécifique), mais dans 90% des cas sur des contrats de transport à moyen terme (en général de quelques mois à deux ans). “Et, contrairement aux nombreuses bourses de transport internet qui se sont créées pendant la vague des “dotcoms”, notre système est opérationnel, avec un portefeuille d’utilisateurs conséquent”, nous a expliqué Joe Critchley, directeur pour le marché européen.
Leif Johansson: “Volvo est favorable aux échanges de quotas d’émissions” Le Premier ministre belge Guy Verhofstadt et le président de Volvo Leif Johansson ont inauguré mardi soir le nouveau siège central du groupe suédois à Bruxelles. A cette occasion, Johansson a émis le souhait que l’industrie soit davantage impliquée dans la solution aux problèmes de pollution. Et il s’est déclaré favorable aux échanges de quotas d’émissions.
Le rail canadien pourrait transporter 100 millions de tonnes en plus Paul Tellier, président et CEO de Canadian National, a récemment émis la suggestion que le gouvernement canadien devrait utiliser les 160 mio. de CAD perçus annuellement sur le carburant utilisé par les sociétés ferroviaires pour encourager les chargeurs à passer de la route au rail.
Hyundai founder dies Legendary Hyundai empire builder Chung Ju-yung died in Seoul Wednesday.
Carnival earnings slip First quarter income fell at the US cruise giant, but the 2001 profit forecast has been revised up.
Fred. Olsen steps down at Harland & Wolff Belfast shipbuilder Harland & Wolff has a new chairman.
Holt Group takes cover under Chapter 11 The US owner, which controls container line Navieras, has filed for bankruptcy protection from creditors.
Weather delays tug rendezous with BP VLCC Repair staff will be unable to reach a stranded and fully laden VLCC until the weekend.
Frontline sells ships, buys own shares The Fredriksen-controlled tanker giant has sold two VLCCS and continued to buy back shares.
DNV deletes 85 vessels from class Norwegian classification society Det Norske Veritas saw its profits crash back for 2000.
Clarksons hooks up with OceanConnect Online bunker trader OceanConnect and Clarksons are joining forces on bunker trading.
Employees take stake in Leif Hoegh Staff at the Norwegian shipping company have taken advantage of a discounted share offer.
ICS slams UK over export vehicle spraying The Institute of Chartered Shipbrokers says the shipping industry is picking up the tab for foot and mouth prevention.
China Merchants ups Ming Wah shareholding Parent of Singapore-listed tanker vehicle buys another sliver of shares.
MISC confirms fifth LNG newbuilding Malaysia International Shipping Corp is upping it gas ship order but holding back on plans to raise cash.
Ocean Tankers ship robbed off Malaysia Armed pirates have boarded and robbed a ship managed by the Singapore-based tanker operator.
MOL set for $270m car carrier bonanza Japanese giant set to build largest ever PCTCs as fleet investment programme continues.
Former Halla head new boss at Hyundai Kil-Sun Choi is taking up the reins as head of the world's largest shipbuilder.
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