Maersk Sealand may invest in Colombo's new South Port MAERSK Sealand is among those watching developments around the planned South Port of Colombo with an eye on possible investment.
Chennai port workers end 17-day strike
Indon port management to be decentralised soon
Mitsui posts 1st full-year profit in 5 years
Frontline's Q1 profit jumps to US$162m
Kaohsiung aims to regain No 3 spot
Air and Land Transport
Air India chief suspended for alleged graft THE chief of national carrier Air India was suspended from his post after government investigators accused him of corruption, a report said.
Virgin Blue may start Sydney to Melbourne service in June
AOM, Air Liberte protesters halt Orly airport traffic
UAL may drop US$12.3b bid for US Airways, say analysts
Maersk Sealand may invest in Colombo's new South Port MAERSK Sealand is among those watching developments around the planned South Port of Colombo with an eye on possible investment.
Chennai port workers end 17-day strike
Indon port management to be decentralised soon
Mitsui posts 1st full-year profit in 5 years
Frontline's Q1 profit jumps to US$162m
Kaohsiung aims to regain No 3 spot
Air and Land Transport
Air India chief suspended for alleged graft THE chief of national carrier Air India was suspended from his post after government investigators accused him of corruption, a report said.
Virgin Blue may start Sydney to Melbourne service in June
AOM, Air Liberte protesters halt Orly airport traffic
UAL may drop US$12.3b bid for US Airways, say analysts
UPS stakes its forwarding claim The Fritz deal caps the creation of a new $750 million forwarding and customs brokerage unit.
ILWU, PMA in war of words Labor and management squared off on Capitol Hill Wednesday in contentious testimony over productivity at West Coast ports.
Jeffords move may "refocus debate" The defection of the Vermont Senator from the Republican ranks could have a long-term effect as the Senate shifts to Democratic leadership.
Vancouver wins new liner services Orient Overseas Container Lines, NYK Line and Lykes Lines have begun to use the Canadian port as their first call on the Pacific Northwest coast for some services.
Schenker revamps U.S. unit The German-based forwarder wants to boost its presence here.
Another drilling merger Pride International, Inc. and Marine Drilling Companies, Inc.have entered into a definitive agreement to merge
Northrop Grumman gives NNS shareholders all-cash option Northrop Grumman Corporation has commenced its exchange offer for all the outstanding shares of common stock, including associated rights, of Newport News Shipbuilding Inc
Ship managers to merge John Denholm, chairman of the J&J Denholm Group of companies and Peter Cremers,chairman of the Anglo-Eastern Group,earleir this week agreed to merge both groups' ship management and crewing operations.
Commission objects to Hutchison's ECT stake The EUROPEAN Commission has filed a statement of objections against Hutchison Whampoa's joint control with Rotterdam port authority of Europe Combined Terminals BV, an industry source said ye...
Court rules in favour of Rotterdam strikers DOCKERS at Rotterdam's Europe Combined Terminals can continue with their highly-disruptive lightning strikes, a Dutch court has ruled, writes Brian Reyes. ECT and other Rotterdam tran...
'Big Three' censured by IACS over go-it-alone tactics THE 'Big Three' class societies have been censured by fellow members of the International Association of Classification Societies over their intention to take a lead unilaterally with a...
Israel invites bids for Zim stake Roll-up for the chance to get into business with the Ofers.
APL to buy Automar for $50m The purchase would give APL access to larger business of providing specialised sealift services.
ICTSI returns to red The Philippine port operator and developer had posted gains in 2000 after dwelling in the red in 1999.
Panama Canal Authority mulls $226.8m outflow An anticipated revenue growth in fiscal 2002 may help fund the authority's contribution to the National Treasury.
Sasebo Heavy cutting its losses The Japanese yard almost broke even last year and is predicting a profit this time around.
Panama canal sees higher panamax traffic flow Sustained growth in shipping of oil products and containerised cargoes supported the traffic increase.
HMM denies share sale The shipowner is not selling its stake in Hyundai Securities, contrary to a report in Korea.
MIF pulls in record profits Tsakos-backed MIF is looking at range of partnership and merger opportunities as the cash continues to roll in.
World-Wide touts modern bulkers Sale prices on three 1990-built panamax bulkers currently offered for sale could benchmark prices for modern vessels.
FGH completes sale of engineering subsidiary The $33.5m proceeds will help to keep the cash-strapped company afloat during its reorganisation process.
Second-half slump sinks Naikai Zosen The Japanese shipbuilder saw profits evaporate in the final months of the last fiscal year.
Hanjin covers Cho Yang intra-Asia service Hanjin takes over Korea-Malaysia route from troubled liner operator.
MISC in demand The Malaysian owner was firmly in profit in the year to 31 March.
Northrop begins buyout of Newport News The US aerospace and defense firm would issue 16.6m common shares to complete the proposed transaction.
Union backs bid for Tees yard Ex-manager plans to take over part of debt-laden Cammell Laird shipyard group.
NKK returns to profit The Japanese steel producer and shipbuilder reports a sizeable turnaround in financial results.
FGH hit by first quarter losses Losses of $73.2m deal another blow to troubled US shipbuilder Friede Goldman Halter.
Aframax demand lifts Japan's order intake High tanker demand gives Japanese yards positive start to new financial year.
Keppel T&T in boxship disposal Keppel Telecommunications and Transportation has sold a feeder vessel as part of its exit from shipping.
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