'Historic' forum for seafarer wages formed AN international bargaining forum has been put in place to negotiate the wages of seamen on open register ships.
More compensation for oil spill victims soon ADDITIONAL compensation for victims of tanker oil spills is set to be made available when the International Maritime Organisation adds a third tier to the International Oil Pollution Compensation Fund this week.
Korean truckers threaten to paralyse Busan SOUTH Korean truckers threatened yesterday to paralyse cargo flows at the country's biggest port as their strike entered a sixth day, but officials said help from the army was keeping the port functioning.
Cosco Pacific to spend US$200m on containers COSCO Pacific, the world's fifth-largest container-leasing company, plans to spend about US$200 million this year to buy as many as 130,000 standard- size container boxes, financial controller Francis Li said yesterday.
Shanghai port handles record boxes THE Port Authority of Shanghai has reported that the biggest port on the Chinese mainland handled a record 912,000 TEUs in April, up 35 per cent year on year.
RCL to buy 2 new ships from Mitsubishi THAILAND's Regional Container Lines said yesterday it would buy two new vessels from Japan's Mitsubishi Heavy Industries Ltd for US$60 million to expand business in North Asia, India and Australia.
Collision causes oil spill in Busan A police patrol ship spreading an emulsifier on the sea covered with fuel oil near the port of Pusan, about 450km south-east of Seoul.
Air and Land Transport
Air France posts 98m euro loss, better outlook seen AIR France SA, Europe's second-biggest airline, had a 98 million-euro fiscal fourth-quarter net loss after pilots strikes, the Iraq war and the spread of a deadly pneumonia reduced air traffic while the carrier took steps to retire its Concorde supersonic planes.
Cathay Pacific may seek capital injection
Discount carrier jetBlue plans to fly to 3 more cities
Lufthansa expects to fly into the red
Air Zimbabwe has limited fuel supply
Newbuilds
Bulletin Board Leading global supply chain services provider APL Logistics , has appointed Vincent F Gulisano to the position of senior vice-president of global sales, marketing and solutions engineering, based in its Oakland, California headquarters.'Having completed our regional senior management reorganization, we are set to meet our extended global needs with the appointment of Vin Gulisano to this important position,' said APLL chief Hans Hickler.
'Historic' forum for seafarer wages formed AN international bargaining forum has been put in place to negotiate the wages of seamen on open register ships.
More compensation for oil spill victims soon ADDITIONAL compensation for victims of tanker oil spills is set to be made available when the International Maritime Organisation adds a third tier to the International Oil Pollution Compensation Fund this week.
Korean truckers threaten to paralyse Busan SOUTH Korean truckers threatened yesterday to paralyse cargo flows at the country's biggest port as their strike entered a sixth day, but officials said help from the army was keeping the port functioning.
Cosco Pacific to spend US$200m on containers COSCO Pacific, the world's fifth-largest container-leasing company, plans to spend about US$200 million this year to buy as many as 130,000 standard- size container boxes, financial controller Francis Li said yesterday.
Shanghai port handles record boxes THE Port Authority of Shanghai has reported that the biggest port on the Chinese mainland handled a record 912,000 TEUs in April, up 35 per cent year on year.
RCL to buy 2 new ships from Mitsubishi THAILAND's Regional Container Lines said yesterday it would buy two new vessels from Japan's Mitsubishi Heavy Industries Ltd for US$60 million to expand business in North Asia, India and Australia.
Collision causes oil spill in Busan A police patrol ship spreading an emulsifier on the sea covered with fuel oil near the port of Pusan, about 450km south-east of Seoul.
Air and Land Transport
Air France posts 98m euro loss, better outlook seen AIR France SA, Europe's second-biggest airline, had a 98 million-euro fiscal fourth-quarter net loss after pilots strikes, the Iraq war and the spread of a deadly pneumonia reduced air traffic while the carrier took steps to retire its Concorde supersonic planes.
Cathay Pacific may seek capital injection
Discount carrier jetBlue plans to fly to 3 more cities
Lufthansa expects to fly into the red
Air Zimbabwe has limited fuel supply
Newbuilds
Bulletin Board Leading global supply chain services provider APL Logistics , has appointed Vincent F Gulisano to the position of senior vice-president of global sales, marketing and solutions engineering, based in its Oakland, California headquarters.'Having completed our regional senior management reorganization, we are set to meet our extended global needs with the appointment of Vin Gulisano to this important position,' said APLL chief Hans Hickler.
'Historic' forum for seafarer wages formed AN international bargaining forum has been put in place to negotiate the wages of seamen on open register ships.
More compensation for oil spill victims soon ADDITIONAL compensation for victims of tanker oil spills is set to be made available when the International Maritime Organisation adds a third tier to the International Oil Pollution Compensation Fund this week.
Korean truckers threaten to paralyse Busan SOUTH Korean truckers threatened yesterday to paralyse cargo flows at the country's biggest port as their strike entered a sixth day, but officials said help from the army was keeping the port functioning.
Cosco Pacific to spend US$200m on containers COSCO Pacific, the world's fifth-largest container-leasing company, plans to spend about US$200 million this year to buy as many as 130,000 standard- size container boxes, financial controller Francis Li said yesterday.
Shanghai port handles record boxes THE Port Authority of Shanghai has reported that the biggest port on the Chinese mainland handled a record 912,000 TEUs in April, up 35 per cent year on year.
RCL to buy 2 new ships from Mitsubishi THAILAND's Regional Container Lines said yesterday it would buy two new vessels from Japan's Mitsubishi Heavy Industries Ltd for US$60 million to expand business in North Asia, India and Australia.
Collision causes oil spill in Busan A police patrol ship spreading an emulsifier on the sea covered with fuel oil near the port of Pusan, about 450km south-east of Seoul.
Air and Land Transport
Air France posts 98m euro loss, better outlook seen AIR France SA, Europe's second-biggest airline, had a 98 million-euro fiscal fourth-quarter net loss after pilots strikes, the Iraq war and the spread of a deadly pneumonia reduced air traffic while the carrier took steps to retire its Concorde supersonic planes.
Cathay Pacific may seek capital injection
Discount carrier jetBlue plans to fly to 3 more cities
Lufthansa expects to fly into the red
Air Zimbabwe has limited fuel supply
Newbuilds
Bulletin Board Leading global supply chain services provider APL Logistics , has appointed Vincent F Gulisano to the position of senior vice-president of global sales, marketing and solutions engineering, based in its Oakland, California headquarters.'Having completed our regional senior management reorganization, we are set to meet our extended global needs with the appointment of Vin Gulisano to this important position,' said APLL chief Hans Hickler.
VT Halter Marine gets ferry contract VT Halter Marine Inc., has been selected by the Puerto Rico Port Authority (PRPA) to design and build a $2.8 million sea-going 272 passenger ferry.
NORSHIPCO buys Metro's Old Dominion Floating dock to be moved to NORSHIPCO
Fuel sulfur cap proposals pose hazards EMFF warns of dangers in present EC proposals
Ex-Alstom chairman Bilger charged with misusing funds FORMER Alstom group chairman Pierre Bilger (above) has been charged with misuse of corporate funds and placed under judicial control for his role in the payment of a FFrs5m ($5.5m) commission on a construction project carried out by the group in 1994.
Do not let terror stop trade warns Bimco's Everard THE world has changed irrevocably since September 11, Bimco president Michael Everard told a conference in London yesterday, writes David Osler.
Spain to sue ABS for $5bn over Prestige THE Spanish government was poised yesterday afternoon to file a $5bn suit in the federal court in New York against ABS, alleging that the classification society's "negligent, reckless, wilful and wanton conduct" led directly to the loss of the Prestige and the massive environmental damage that followed.
O'Neil urges IMO flag power THE International Maritime Organisation should have the authority to make sure that flag states really do implement conventions properly, secretary-general William O'Neil told a London audience yesterday.
VLCC rates double as demand soars TANKER rates are back on the up and demand is rising with very large crude carriers leading the charge, writes Martyn Wingrove.
Proposal budgets $247B for highways Bill's provisions shifts funding, would allow states to use their Surface Transportation Programs to support publicly-owned intermodal freight facilities.
Intel shipping via ocean to cut costs The chip maker has been using ocean freight as part of a broader move to cut transport costs, an executive said.
Cargo spurs Air France profits Air freight outperformed passenger business over the past year.
Zim 'pays high price' for reduced China/Australia capacity COZ outcast Zim is likely to have paid a high price for the China/Australia slots it has secured with COSCO, after being unable to finalise deals with several carriers.
US Customs, NVOCCs to remedy 24-hour rule confusion
New Brussels liner lobby outlines priorities
South Africa: SAPO confirms suspension of Thursday strike
New S.Africa strike talks reveal knife-edge labour relations
Mixed messages as charter market closes on yr2000 high
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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