US worked with IMO on maritime security measures THE International Maritime Organisation has credited the US Coast Guard with initiating many of its new global security enhancements, rejecting earlier speculation that the United Nations agency had been bullied into its recent clampdown by the United States.
Sembawang yard wins $34m deal SEMBAWANG Shipyard has clinched another major conversion contract, this time a $34 million job to outfit and commission a pipe-laying barge for Consolidated Projects Ltd.
PSA's throughput volumes down in Jan OVERALL container volumes handled by PSA Corporation were pulled down by its overseas operations, dropping 7 per cent in January to 2.11 million TEUs from December, according to the global terminal operator's latest throughput figures.
Seamen escape from pirates SIX Georgian sailors held hostage by pirates in Somalia for more than six months made a daring escape on Sunday and are now headed for the Yemeni coast, reporters in Tbilisi said.
Romanian port reopens ROMANIA reopened its main Black Sea port of Constanta on Sunday, after having closed it the previous day because of strong winds, officials said.
Air and Land Transport
An Iraq war could derail aviation recovery: Iata WAR with Iraq could scuttle the slow recovery of the aviation industry and will have a more devastating impact than the Gulf War did a decade ago, according to the International Air Transport Association .
Asia Pacific shines in midst of gloom
Indon carrier Garuda reports pilots to police over strike threat
Aeroflot's new logo will not have hammer and sickle
US worked with IMO on maritime security measures THE International Maritime Organisation has credited the US Coast Guard with initiating many of its new global security enhancements, rejecting earlier speculation that the United Nations agency had been bullied into its recent clampdown by the United States.
Sembawang yard wins $34m deal SEMBAWANG Shipyard has clinched another major conversion contract, this time a $34 million job to outfit and commission a pipe-laying barge for Consolidated Projects Ltd.
PSA's throughput volumes down in Jan OVERALL container volumes handled by PSA Corporation were pulled down by its overseas operations, dropping 7 per cent in January to 2.11 million TEUs from December, according to the global terminal operator's latest throughput figures.
Seamen escape from pirates SIX Georgian sailors held hostage by pirates in Somalia for more than six months made a daring escape on Sunday and are now headed for the Yemeni coast, reporters in Tbilisi said.
Romanian port reopens ROMANIA reopened its main Black Sea port of Constanta on Sunday, after having closed it the previous day because of strong winds, officials said.
Air and Land Transport
An Iraq war could derail aviation recovery: Iata WAR with Iraq could scuttle the slow recovery of the aviation industry and will have a more devastating impact than the Gulf War did a decade ago, according to the International Air Transport Association .
Asia Pacific shines in midst of gloom
Indon carrier Garuda reports pilots to police over strike threat
Aeroflot's new logo will not have hammer and sickle
Eurotunnel profit rise in 2002 Operating profit for the year 2002 of Eurotunnel was £194 million ($317 million), against a restated £188 million the previous year and the underlying loss was trimmed to £105 million from £147 million.
Air Canada separates cargo unit Air Canada is to turn its cargo operation, employing 1,700 people, into a separate subsidiary.
Bad times for Swiss Swiss International Air Lines Ltd is looking at reducing its regional fleet to try to break even this year after losing passengers as unemployment rises in Europe.
Better result BA, but fear for 2003 British Airways PLC delivered a better-than-expected third-quarter profit today and boosted its cash position but said it sees no revenue improvement over the next 12 months.
Teamsters deal with top truckers Corp., Roadway Corp. and other top truckers struck a tentative labour deal covering 65,000 workers that banishes a cloud over unionized carriers.
EC gives green light for Carnival Princess DLC From a competition point of view, the DLC is "not materially different from the previous Carnival bid" approved last July.
Deepwater program gets rolling A massive program to rebuild the U.S. Coast Guard has gotten underway with a decommissioning ceremony at Bollinger.
China Shipbuilding pulls off fresh boxship order coup CONTAINER lines' dash for new tonnage showed no sign of abating as Taiwan's China Shipbuilding Corp unveiled a $225m order coup and Hanjin Heavy Industries revealed tantalising details of a mega-boxship deal yesterday.
France, Spain and Portugal turn up the heat in fight against single hulls THE European Union's maritime safety hawks - Spain, France and Portugal - have once again urged fellow member states to back strict measures on single-hull tankers at a forthcoming summit next month.
Lloyd's scoffs at Silverstein's bid for WTC double claim LLOYD'S has ridiculed arguments that the destruction of the World Trade Center was more than one event.
Magnus switches out of reefers A CLEAR-out of ageing reefer tonnage by Athens-based Magnus Carriers looks like paving the way for the company to concentrate on tankers, writes Nigel Lowry.
Brussels clears Carnival to take over Princess THE European Commission gave the green light yesterday for the merger between P&O Princess and Carnival after examining the deal for a second time.
Lines won't get planned eastbound trans-Pacific rate hikes: Analyst Shippers should expect moderately higher freight rates this year, but less than the 50 percent increase carriers have proposed, according to an industry analyst.
Cargo helps British Airways to profit But Europe's largest airline warned of stagnant revenues in the current year.
Supertanker rates sink Rates have tumbled 30 percent in the past week, but shipowners are gambling they will soon bounce back as charterers rush to lift cargoes ahead of possible military action against Iraq.
US Ports short-changed by Government initiatives Kurt Nagle, president of the American Association of Port Authorities (AAPA) has criticised the US Government for the 'abdication' of its financial responsibilities to US ports.
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