Spain sues ABS for US$5b over Prestige SPAIN has filed a US$5 billion lawsuit against the American Bureau of Shipping , alleging the classification society's negligence played a part in the sinking of the Prestige, a government source said.
Mega arrival THE world's biggest container ship sailed into Singapore yesterday, setting a new milestone both for the container liner business and the PSA Corp terminals.
Substandard ships face stricter checks SUBSTANDARD ships and notorious flags of convenience will soon face stricter inspections at some of the world's major ports, a leading marine inspection body said.
Indon cargo ship sinks off Indian coast; crew rescued THE Indian coast guard has rescued the 22-member crew of an Indonesian cargo ship carrying oil and soda ash which sank in the Bay of Bengal on Friday.
Air and Land Transport
Japan Airlines forecasts 43b yen loss this year JAPAN Airlines System Corp, Asia's largest carrier, forecast a 43 billion yen net loss this year as the Severe Acute Respiratory Syndrome virus puts people off travelling, forcing it to cut flights six times in the past two months.
Indian carriers in price war to fill seats
Virgin Express pulls out of plans to fly from Paris' Orly
Ship Sales
SHIP SALES THE impact of the various holidays has left very few sales to report but there are reports of 5 ULCCS and 2 VLCCs being sold for demolition, all with delivery China or Bangladesh, between US$197 and US$201 per ton lightweight.
Spain sues ABS for US$5b over Prestige SPAIN has filed a US$5 billion lawsuit against the American Bureau of Shipping , alleging the classification society's negligence played a part in the sinking of the Prestige, a government source said.
Mega arrival THE world's biggest container ship sailed into Singapore yesterday, setting a new milestone both for the container liner business and the PSA Corp terminals.
Substandard ships face stricter checks SUBSTANDARD ships and notorious flags of convenience will soon face stricter inspections at some of the world's major ports, a leading marine inspection body said.
Indon cargo ship sinks off Indian coast; crew rescued THE Indian coast guard has rescued the 22-member crew of an Indonesian cargo ship carrying oil and soda ash which sank in the Bay of Bengal on Friday.
Air and Land Transport
Japan Airlines forecasts 43b yen loss this year JAPAN Airlines System Corp, Asia's largest carrier, forecast a 43 billion yen net loss this year as the Severe Acute Respiratory Syndrome virus puts people off travelling, forcing it to cut flights six times in the past two months.
Indian carriers in price war to fill seats
Virgin Express pulls out of plans to fly from Paris' Orly
Ship Sales
SHIP SALES THE impact of the various holidays has left very few sales to report but there are reports of 5 ULCCS and 2 VLCCs being sold for demolition, all with delivery China or Bangladesh, between US$197 and US$201 per ton lightweight.
Spain sues ABS for US$5b over Prestige SPAIN has filed a US$5 billion lawsuit against the American Bureau of Shipping , alleging the classification society's negligence played a part in the sinking of the Prestige, a government source said.
Mega arrival THE world's biggest container ship sailed into Singapore yesterday, setting a new milestone both for the container liner business and the PSA Corp terminals.
Substandard ships face stricter checks SUBSTANDARD ships and notorious flags of convenience will soon face stricter inspections at some of the world's major ports, a leading marine inspection body said.
Indon cargo ship sinks off Indian coast; crew rescued THE Indian coast guard has rescued the 22-member crew of an Indonesian cargo ship carrying oil and soda ash which sank in the Bay of Bengal on Friday.
Air and Land Transport
Japan Airlines forecasts 43b yen loss this year JAPAN Airlines System Corp, Asia's largest carrier, forecast a 43 billion yen net loss this year as the Severe Acute Respiratory Syndrome virus puts people off travelling, forcing it to cut flights six times in the past two months.
Indian carriers in price war to fill seats
Virgin Express pulls out of plans to fly from Paris' Orly
Ship Sales
SHIP SALES THE impact of the various holidays has left very few sales to report but there are reports of 5 ULCCS and 2 VLCCs being sold for demolition, all with delivery China or Bangladesh, between US$197 and US$201 per ton lightweight.
Hollings and McCain seek GAO probe of port security Senators are concerned about adequacy of security ate ports
Bush sends MARPOL protocol to Senate Cleaner air pact nearer to U.S. ratification
Maersk orders PSVs in Brazil FELS Setal gets order for two UT745L's with options for two more
Repeat orders for world's most powerful medium speed Four Wartsila 6L64 engines have been ordered by Polish shipbuilder Stocznia Szczecinska Nowa Sp.z o.o. for four 18,900 dwt multi-purpose vessels contracted by Spliethoff Bevrachtningskantoor B.V
Ousted WWL in new pact WALLENIUS Wilhelmsen Lines is working on an alternative partnership agreement after being forced to leave the Far Eastern Freight Conference.
IMO agrees oil spill damages protocol AFTER days of tense discussions, agreement was reached at the International Maritime Organisation on a protocol establishing a third tier of compensation for oil spills.
Spain sues ABS for $700m over Prestige disaster THE Spanish government filed suit in New York on Friday afternoon against the ABS, charging it with negligence over its role in the loss of the Prestige and asking the court for $700m in damages for costs already incurred as a result of the casualty, writes John McLaughlin.
Bush pressed on Maritime Security Act Hollings, McCain ask GAO to see how well administration is fulfilling its obligations under the law.
Forwarders think they'll get short end of US Airways regional jet order A move by the airline to deploy smaller, more efficient jets on many routes could signal a fundamental change in the way domestic forwarders move freight.
MOL shipping profit falls
Bush asks Senate to ratify maritime pollution treaty
Judge sets schedule in DHL Airways case
TNT joint venture wins Fiat contract
Title XI hearing postponed
EGL names two new directors
GeoLogistics names Loehner SVP
Stonepath rebrands international unit
New airline passenger weight rules could hurt cargo
Cost of customer retention offsets PSA's turnover surge PSA Corp grew turnover 29.5% to S$2.96 (US$1.72) billion in 2002, but suffered a 23.5% drop in net profit to S$560 (US$325) million after spending on customer retention.
New levy on vessel calls could fund HK maritime development A study has proposed that Hong Kong impose a HK$200 (US$25.64) levy per vessel call to finance development of the SAR as an international maritime centre.
New Cape Town strategy to 'eliminate' terminal congestion
CMA CGM's UK east coast feeder service to launch in June
Industry approves improvement to 24-hour rule
HK Government joins Shenzhen container truck dispute
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