Volumes at PSA's Aden terminal jump 52% PSA Corporation's container terminal in Yemen chalked up an impressive 52 per increase in throughput volumes last year to 377,400 TEUs .
Vietnam rescues crew of sinking ship
US detains 16 Chinese stowed aboard ship
Aceh unrest a major factor behind piracy in region
Air and Land Transport
Thomas Cook sees global travel rebound by year-end EUROPE's second largest travel firm, Thomas Cook AG, on Saturday forecast a rebound in global travel by the end of this year and said it sees its own profits stable in 2002, aided by cost cutting initiated after the Sept 11 attacks on the United States.
Lufthansa confident on 2001 breakeven, unsure on 2002
Volumes at PSA's Aden terminal jump 52% PSA Corporation's container terminal in Yemen chalked up an impressive 52 per increase in throughput volumes last year to 377,400 TEUs .
Vietnam rescues crew of sinking ship
US detains 16 Chinese stowed aboard ship
Aceh unrest a major factor behind piracy in region
Air and Land Transport
Thomas Cook sees global travel rebound by year-end EUROPE's second largest travel firm, Thomas Cook AG, on Saturday forecast a rebound in global travel by the end of this year and said it sees its own profits stable in 2002, aided by cost cutting initiated after the Sept 11 attacks on the United States.
Lufthansa confident on 2001 breakeven, unsure on 2002
Rowan "bolts on" manufacturing capabilities Rowan Companies, Inc's wholly-owned Rowan Electric, Inc.has completed the purchase of certain assets of Oilfield-Electric-Marine, Inc. and Industrial Logic Systems, Inc.
More vessel calls at U.S. ports The Maritime Administration (MARAD) has released a new annual publication, entitled Vessel Calls at U.S. Ports - 2000
HAL set to take back Patriot? It looks like Carnival Corporation will reabsorb the Patriot into its Holland America operation.
Coast Guard names Director of Intelligence The United States Coast Guard has named Frances Fragos-Townsend its Director of Intelligence
FedEx offers ocean forwarding services The carrier's forwarding subsidiary introduced two new services designed to give customers a fuller range of options, including ocean shipping.
Stolt-Nielsen sees improvement Despite a loss in fourth quarter, the tanker operator said that operations at its core transport unit "significantly improved" during the year.
Strachan Shipping agrees to acquire Norton Lilly International
POC shareholders may pledge loyalty POC-RCCL merger talks may take into account more than just economic logic.
Carnival pushing merger agenda No penalty will be assessed if the planned POC shareholders' meeting is adjourned on 14 February.
American Commercial Lines may file for bankruptcy US credit rating agency S&P is keeping a close eye on ACL's financial restructuring negotiations.
VLCC market set to plunge Brokers were left sitting idle Friday as business dried up across the board for large tankers.
China Shipping Development sees revenue rise Good growth in tanker revenue for China Shipping Development could be offset by slump in container trades.
COSCO and Wan Hai strike first bargain Chinese and Taiwanese rivals could cooperate further after agreeing vessel-sharing deal on Red Sea route.
HMM and Fesco team up down under Hyundai Merchant Marine is beefing up Australian and New Zealand box routes with help from Russian owner.
Ferry freed from sandbar at Newhaven Crew use bow thrusters to free Transmanche ship which had grounded outside UK port in rough seas.
NSCSA to exit boxship market National Shipping Co of Saudi Arabia wants to sell its three containerships after making loss in 2001.
Chowgule opts to delist Cash-strapped Indian owner wants to go private as investor interest in shipping evaporates.
Sonderborg declared bankrupt Danish livestock carrier has been wound up, but transferred its ships to subsidiary before court ruling.
Navibulgar plans bulker buys Bulgarian state-owned shipping company has cut back on spending and wants to reinvest cash.
Hanjin sees sales boost in 2001 South Korean shipowner saw a sizeable increase in sales last year as analysts back stock.
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