PSA's overseas ventures set to offset local volume losses PSA Corporation's aggressive acquisition of overseas terminals looks set to offset local volume losses and be its key growth area in the future as regional competition erodes transhipment volumes at its mainstay Singapore ports.
Muara port gets Philippine boost
Indian port strike put off after Vajpayee's intervention
Korea expects ship orders to fall 6.4% this year
Air and Land Transport
US airforce welcomes rival bids from Boeing, Airbus THE US airforce has welcomed European plane builder Airbus SAS' stated interest in competing against Boeing Co in a possible US$20 billion programme to replace ageing KC-135 tanker aircraft.
Boeing cuts 2,300 jobs more
Virgin B747 diverted after bomb threat
Burst tyre caused Concorde crash: report
Thailand hopes new airport will cement its regional hub status
PSA's overseas ventures set to offset local volume losses PSA Corporation's aggressive acquisition of overseas terminals looks set to offset local volume losses and be its key growth area in the future as regional competition erodes transhipment volumes at its mainstay Singapore ports.
Muara port gets Philippine boost
Indian port strike put off after Vajpayee's intervention
Korea expects ship orders to fall 6.4% this year
Air and Land Transport
US airforce welcomes rival bids from Boeing, Airbus THE US airforce has welcomed European plane builder Airbus SAS' stated interest in competing against Boeing Co in a possible US$20 billion programme to replace ageing KC-135 tanker aircraft.
Boeing cuts 2,300 jobs more
Virgin B747 diverted after bomb threat
Burst tyre caused Concorde crash: report
Thailand hopes new airport will cement its regional hub status
Drillship suspends operations Smedvig says it has temporarily halted operations by its drillship West Navion. The decision was taken after cracks were discovered in the wire sheaves in the hoisting system of the dual derrick set
MARAD offers war risk insurance The U.S. Maritime Administration is now accepting applications for war risk insurance to cover commercial ship operations in the Middle East.
Algerian order for IZAR Algerian state-owned shipowner ENTMV (Enterprise Nationale de Transports Maritimes de Voyageurs) has finalized an order with Spain's IZAR for two ro-ro passenger ferries.
Carnival ups offer for Princess Carnival Corporation's latest offer for P&O Princess cruises is worth $5 billion
Ocean carriers back anti-terrorism moves OCEAN carriers are giving full backing to US efforts to protect the international transport system from terrorist threats.
Doux denies buying Enterprises ships France's Doux Group has denied purchasing four vessels at the centre of a legal action between Victor Restis' Enterprises Shipholding and the defaulting company's bondholders.
Colman attacks IACS on bulker safety delay A HIGH Court judge in the UK has slammed the International Association of Classification Societies and Lloyd's Register for lack of urgency on bulker safety rules, after the death of 27 seafarers on the Christopher.
MSC sees recovery in cruising DEMAND for cruises is set to return to pre-September levels by the end of February, according to Mediterranean Shipping Cruises, writes Justin Stares.
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