MISC seeks to charter out some container ships MALAYSIA International Shipping Corporation , which last week bought American Eagle Tankers for over US$1 billion including debt, is now looking at chartering out some of its container ships as it grapples with its flagging liner business.
HK clears Malaysian tanker's crew of Sars TEN crew members of a Malaysian-registered tanker taken into quarantine in Hong Kong have been found free of Sars and returned to their vessel yesterday.
Asia-Europe lines to cut fuel surcharges NIPPON Yusen KK, P&O Nedlloyd Container Line Ltd and other shipping lines are reducing fuel surcharges on routes between Asia and Europe by 19 per cent next month after oil prices fell.
Teekay names CFO TEEKAY Shipping Corp has named Peter Evensen as its chief financial officer, replacing Peter Antturi, who was named president of Navion ASA, a shuttle tanker company recently acquired by Teekay.
Air and Land Transport
EADS loss quadruples in Q1 THE parent company of Airbus, European Aeronautic, Defence and Space Co , yesterday reported a near quadrupling of losses in the first quarter, blaming the economic slowdown and worries about the impact of Sars .
Cambodia opens US$32m Phnom Penh airport terminal
HK air cargo prices rise as capacity gets squeezed
Vietnam Air slashes fares by up to 50%
Hawaiian Airlines' creditors back Boeing demand for trustee
UAL has not paid millions for plane leases: bank
Strait Talk
Two views on pilotage issue THERE was a time when, on approaching port, the ship's master would stride onto the bridge, perhaps take a cursory look at the chart and then announce: 'I'm taking over.' The officer of the watch would duly write 'CVTMO' in the deck log, breathe a sigh of relief and take up the role of general run-around.
MISC seeks to charter out some container ships MALAYSIA International Shipping Corporation , which last week bought American Eagle Tankers for over US$1 billion including debt, is now looking at chartering out some of its container ships as it grapples with its flagging liner business.
HK clears Malaysian tanker's crew of Sars TEN crew members of a Malaysian-registered tanker taken into quarantine in Hong Kong have been found free of Sars and returned to their vessel yesterday.
Asia-Europe lines to cut fuel surcharges NIPPON Yusen KK, P&O Nedlloyd Container Line Ltd and other shipping lines are reducing fuel surcharges on routes between Asia and Europe by 19 per cent next month after oil prices fell.
Teekay names CFO TEEKAY Shipping Corp has named Peter Evensen as its chief financial officer, replacing Peter Antturi, who was named president of Navion ASA, a shuttle tanker company recently acquired by Teekay.
Air and Land Transport
EADS loss quadruples in Q1 THE parent company of Airbus, European Aeronautic, Defence and Space Co , yesterday reported a near quadrupling of losses in the first quarter, blaming the economic slowdown and worries about the impact of Sars .
Cambodia opens US$32m Phnom Penh airport terminal
HK air cargo prices rise as capacity gets squeezed
Vietnam Air slashes fares by up to 50%
Hawaiian Airlines' creditors back Boeing demand for trustee
UAL has not paid millions for plane leases: bank
Strait Talk
Two views on pilotage issue THERE was a time when, on approaching port, the ship's master would stride onto the bridge, perhaps take a cursory look at the chart and then announce: 'I'm taking over.' The officer of the watch would duly write 'CVTMO' in the deck log, breathe a sigh of relief and take up the role of general run-around.
MISC seeks to charter out some container ships MALAYSIA International Shipping Corporation , which last week bought American Eagle Tankers for over US$1 billion including debt, is now looking at chartering out some of its container ships as it grapples with its flagging liner business.
HK clears Malaysian tanker's crew of Sars TEN crew members of a Malaysian-registered tanker taken into quarantine in Hong Kong have been found free of Sars and returned to their vessel yesterday.
Asia-Europe lines to cut fuel surcharges NIPPON Yusen KK, P&O Nedlloyd Container Line Ltd and other shipping lines are reducing fuel surcharges on routes between Asia and Europe by 19 per cent next month after oil prices fell.
Teekay names CFO TEEKAY Shipping Corp has named Peter Evensen as its chief financial officer, replacing Peter Antturi, who was named president of Navion ASA, a shuttle tanker company recently acquired by Teekay.
Air and Land Transport
EADS loss quadruples in Q1 THE parent company of Airbus, European Aeronautic, Defence and Space Co , yesterday reported a near quadrupling of losses in the first quarter, blaming the economic slowdown and worries about the impact of Sars .
Cambodia opens US$32m Phnom Penh airport terminal
HK air cargo prices rise as capacity gets squeezed
Vietnam Air slashes fares by up to 50%
Hawaiian Airlines' creditors back Boeing demand for trustee
UAL has not paid millions for plane leases: bank
Strait Talk
Two views on pilotage issue THERE was a time when, on approaching port, the ship's master would stride onto the bridge, perhaps take a cursory look at the chart and then announce: 'I'm taking over.' The officer of the watch would duly write 'CVTMO' in the deck log, breathe a sigh of relief and take up the role of general run-around.
Somerville elected ABS CEO Robert D. Somerville, currently President and Chief Operating Officer of ABS has been elected to the position of Chief Executive Officer by the ABS Board of Directors.
Manitowoc to build USCG test boat The U.S. Coast Guard has selected Manitowoc Marine Group to build one of three Response Boat -- Medium (RB-M) test boats.
Kirby places major tank barge order Kirby Corporation has signed a contract with Trinity Industries, Inc. for the construction of 16 double-hull, 30,000 barrel capacity, inland black oil tank barges.
New CFO for Teekay Peter Evensen named
New risk assessment tools from ABS More flexibility to meet needs of expanding offshore industry
Transport minister quits over night flights BELGIAN Transport Minister Isabelle Durant has quit over the issue of night flights at Brussels airport, two weeks before a general election, writes Roger Hailey.
Dock unions keep up the pressure on port changes DOCKWORKER trade unions will today gauge the resolve of European members of parliament to continue their opposition to the controversial port services directive.
Grimaldi demands compensation for Fincantieri delay GRIMALDI Naples has demanded compensation from Italian shipbuilder Fincantieri for alleged deficiencies found in a number of recently-delivered vessels, writes Justin Stares in Rome.
NOL cuts Lim's salary after its 'worst ever' year NEPTUNE Orient Lines, cut the pay of chief financial officer Lim How Teck in 2002, the company's worst ever year.
Any flag can hide terrorists or criminals, says OECD SHIPOWNERS can operate in complete secrecy under any flag in the world, even when engaged in terrorism or crime, the Organisation for Economic Co-operation and Development has alleged.
Asia exports ignite boxship boom Orders for new vessels are about to race past the 500,000-TEU mark as shipping lines and charter operators scramble for new tonnage to cope with a surge in global liner traffic.
Pacer doubles profit, plans refinancing The stacktrain operator said first-quarter profit doubled to $7.4 million while operating income rose 19.1 percent to $18.7 million.
MSL re-organises Pacific services in search of new markets In its search for new markets Maersk Sealand (MSL) has said that it will reorganise two existing Pacific strings and add a third later this month.
No bonuses for senior executives at troubled NOL Senior executives at troubled Neptune Orient Lines (NOL) were not paid their bonuses last year.
US toughens sanctions for breaches of 24-hour rule
Falling southbound rates squeeze Hamburg Sud turnover
Waterfront truce ends as Santos braces for strikes
Egis acquisition referred for EC approval
California terminals dash to modernise ahead of fines
Container Security Initiative begins this month in HK
Special regime imminent at Northport free commercial zone
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