Third biggest S'pore bunker supplier suspended SINGAPORE's third biggest bunker supplier, Hai Soon Diesel & Trading Pte, has had its trading licences suspended by the Maritime and Port Authority of Singapore after company director Lim Kim Huat pleaded guilty to a bribery charge.
NOL shareholders approve tanker unit sale NEPTUNE Orient Lines shareholders yesterday unanimously approved the sale of its oil transport division American Eagle Tankers to Malaysia International Shipping Corporation Berhad .
Misc's pre-tax profit slips 7.4% to RM1.3b MALAYSIA International Shipping Corporation Bhd posted a lower pre-tax profit of RM1.31 billion for the financial year ended March 31, 2003, a 7.4 per cent fall on the previous year's RM1.42 billion.
Injured Norway crew sues NCL, parent Star Cruises AN injured crew member of a cruise ship which suffered a boiler room explosion has filed a suit in Miami against the shipowner, Norwegian Cruise Line , and its parent, Star Cruises of Malaysia.
Air and Land Transport
Virgin's tie-up talks won't alter BA's strategy RICHARD Branson's Virgin Atlantic has taken aim at larger rival British Airways by entering tie-up talks with a UK regional carrier, but analysts expect little impact on BA as it motors ahead with cost-cutting.
Airbus knew of tailfin flaw before 2001 crash: report
DHL review continues despite pending buyout
Hainan Air slashes proposed dividend
Cathay slashes fares to woo back travellers
EVA Air cancels flights to Japanese cities
Newbuilds
Financing available for tanker newbuilds, for now AS the accompanying table shows, China Shipping Development is among the latest to swell the number of VLCC on order around the world.
Port Shots
Port Shots WORLD Nordic Shipping on Tuesday reopened a US$1.4 billion takeover offer for Norwegian shipping line Bergesen until Wednesday after failing to win full control.
Third biggest S'pore bunker supplier suspended SINGAPORE's third biggest bunker supplier, Hai Soon Diesel & Trading Pte, has had its trading licences suspended by the Maritime and Port Authority of Singapore after company director Lim Kim Huat pleaded guilty to a bribery charge.
NOL shareholders approve tanker unit sale NEPTUNE Orient Lines shareholders yesterday unanimously approved the sale of its oil transport division American Eagle Tankers to Malaysia International Shipping Corporation Berhad .
Misc's pre-tax profit slips 7.4% to RM1.3b MALAYSIA International Shipping Corporation Bhd posted a lower pre-tax profit of RM1.31 billion for the financial year ended March 31, 2003, a 7.4 per cent fall on the previous year's RM1.42 billion.
Injured Norway crew sues NCL, parent Star Cruises AN injured crew member of a cruise ship which suffered a boiler room explosion has filed a suit in Miami against the shipowner, Norwegian Cruise Line , and its parent, Star Cruises of Malaysia.
Air and Land Transport
Virgin's tie-up talks won't alter BA's strategy RICHARD Branson's Virgin Atlantic has taken aim at larger rival British Airways by entering tie-up talks with a UK regional carrier, but analysts expect little impact on BA as it motors ahead with cost-cutting.
Airbus knew of tailfin flaw before 2001 crash: report
DHL review continues despite pending buyout
Hainan Air slashes proposed dividend
Cathay slashes fares to woo back travellers
EVA Air cancels flights to Japanese cities
Newbuilds
Financing available for tanker newbuilds, for now AS the accompanying table shows, China Shipping Development is among the latest to swell the number of VLCC on order around the world.
Port Shots
Port Shots WORLD Nordic Shipping on Tuesday reopened a US$1.4 billion takeover offer for Norwegian shipping line Bergesen until Wednesday after failing to win full control.
Third biggest S'pore bunker supplier suspended SINGAPORE's third biggest bunker supplier, Hai Soon Diesel & Trading Pte, has had its trading licences suspended by the Maritime and Port Authority of Singapore after company director Lim Kim Huat pleaded guilty to a bribery charge.
NOL shareholders approve tanker unit sale NEPTUNE Orient Lines shareholders yesterday unanimously approved the sale of its oil transport division American Eagle Tankers to Malaysia International Shipping Corporation Berhad .
Misc's pre-tax profit slips 7.4% to RM1.3b MALAYSIA International Shipping Corporation Bhd posted a lower pre-tax profit of RM1.31 billion for the financial year ended March 31, 2003, a 7.4 per cent fall on the previous year's RM1.42 billion.
Injured Norway crew sues NCL, parent Star Cruises AN injured crew member of a cruise ship which suffered a boiler room explosion has filed a suit in Miami against the shipowner, Norwegian Cruise Line , and its parent, Star Cruises of Malaysia.
Air and Land Transport
Virgin's tie-up talks won't alter BA's strategy RICHARD Branson's Virgin Atlantic has taken aim at larger rival British Airways by entering tie-up talks with a UK regional carrier, but analysts expect little impact on BA as it motors ahead with cost-cutting.
Airbus knew of tailfin flaw before 2001 crash: report
DHL review continues despite pending buyout
Hainan Air slashes proposed dividend
Cathay slashes fares to woo back travellers
EVA Air cancels flights to Japanese cities
Newbuilds
Financing available for tanker newbuilds, for now AS the accompanying table shows, China Shipping Development is among the latest to swell the number of VLCC on order around the world.
Port Shots
Port Shots WORLD Nordic Shipping on Tuesday reopened a US$1.4 billion takeover offer for Norwegian shipping line Bergesen until Wednesday after failing to win full control.
Third biggest S'pore bunker supplier suspended SINGAPORE's third biggest bunker supplier, Hai Soon Diesel & Trading Pte, has had its trading licences suspended by the Maritime and Port Authority of Singapore after company director Lim Kim Huat pleaded guilty to a bribery charge.
NOL shareholders approve tanker unit sale NEPTUNE Orient Lines shareholders yesterday unanimously approved the sale of its oil transport division American Eagle Tankers to Malaysia International Shipping Corporation Berhad .
Misc's pre-tax profit slips 7.4% to RM1.3b MALAYSIA International Shipping Corporation Bhd posted a lower pre-tax profit of RM1.31 billion for the financial year ended March 31, 2003, a 7.4 per cent fall on the previous year's RM1.42 billion.
Injured Norway crew sues NCL, parent Star Cruises AN injured crew member of a cruise ship which suffered a boiler room explosion has filed a suit in Miami against the shipowner, Norwegian Cruise Line , and its parent, Star Cruises of Malaysia.
Air and Land Transport
Virgin's tie-up talks won't alter BA's strategy RICHARD Branson's Virgin Atlantic has taken aim at larger rival British Airways by entering tie-up talks with a UK regional carrier, but analysts expect little impact on BA as it motors ahead with cost-cutting.
Airbus knew of tailfin flaw before 2001 crash: report
DHL review continues despite pending buyout
Hainan Air slashes proposed dividend
Cathay slashes fares to woo back travellers
EVA Air cancels flights to Japanese cities
Newbuilds
Financing available for tanker newbuilds, for now AS the accompanying table shows, China Shipping Development is among the latest to swell the number of VLCC on order around the world.
Port Shots
Port Shots WORLD Nordic Shipping on Tuesday reopened a US$1.4 billion takeover offer for Norwegian shipping line Bergesen until Wednesday after failing to win full control.
Golar LNG boosts reserves with five-ship UK lease deal JOHN Fredriksen's Golar LNG has strengthened its cash position through a five vessel leasing transaction and is confident of financing its newbuilding programme without requiring further equity.
K Line makes China debut with car carrier order K Line has gone to China for the first time for a set of three car carriers.
'Be proud of shipping' says O'Neil in final speech to IMO safety committee The shipping industry is not in as bad a shape as its critics suggest following a serious accident, IMO secretary general William O'Neil has maintained, writes Michael Grey.
Charterers bet on imminent rate dip, owners reap the gains Charterers are attempting to beat the surging boxship charter market by betting that charter rates will subside later in the year, and fixing short periods of three to four months accordingly.
Evergreen US East Coast boycott spreads
Shippers assess Maputo alternative to S.Africa congestion
HK mulls new terminal sites, first CT9 berth nears readiness
US Coast Guard suspends extra manifest burden
FEFC adds fresh rate restoration measures for 2003
New 200,000TEU terminal opens in Rhine port of Worms
Reform and export growth to unleash Russian volumes
W.Australia cash fuels Bunbury's container port ambitions
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