Shipping much safer now than decade ago THE global shipping industry is in much better shape - despite recent high profile casualties - than it was a decade ago, according to the head of the International Maritime Organisation.
RCL sets coupon rate for 2.5b baht bond issue THAILAND's Regional Container Lines will pay a fixed coupon of 4 per cent in the first three years on a 2.5 billion baht issue of six-year bonds, one of the issue's underwriters said yesterday.
World Nordic wins full legal control of Bergesen WORLD Nordic Shipping won full legal control of Norwegian shipping line Bergesen on Wednesday under a US$1.4 billion takeover bid, after some reluctant shareholders agreed to sell.
Air and Land Transport
EU set to seek open skies pact with US EU governments are set to allow the European Commission to negotiate an 'open skies' aviation treaty with the United States on their behalf, diplomats said on Wednesday.
European airlines may lose US$2.5b this year
Sars causes flight bookings across Asia to dive 20%
China to consider Taiwan's freight charter proposal
Man arrested on Qantas flight
Emirates may order planes worth US$20b next month
Admiralty Casebook
'Competent court' is any admiralty court able to hear in rem claim THE English Court of Appeal decided recently that the words 'competent court' in a P&I Club's letter of undertaking meant any court that was able to exercise admiralty jurisdiction and not a court in a jurisdiction where its member's vessel or sister ships were at the time of the in rem action.
Shipping much safer now than decade ago THE global shipping industry is in much better shape - despite recent high profile casualties - than it was a decade ago, according to the head of the International Maritime Organisation.
RCL sets coupon rate for 2.5b baht bond issue THAILAND's Regional Container Lines will pay a fixed coupon of 4 per cent in the first three years on a 2.5 billion baht issue of six-year bonds, one of the issue's underwriters said yesterday.
World Nordic wins full legal control of Bergesen WORLD Nordic Shipping won full legal control of Norwegian shipping line Bergesen on Wednesday under a US$1.4 billion takeover bid, after some reluctant shareholders agreed to sell.
Air and Land Transport
EU set to seek open skies pact with US EU governments are set to allow the European Commission to negotiate an 'open skies' aviation treaty with the United States on their behalf, diplomats said on Wednesday.
European airlines may lose US$2.5b this year
Sars causes flight bookings across Asia to dive 20%
China to consider Taiwan's freight charter proposal
Man arrested on Qantas flight
Emirates may order planes worth US$20b next month
Admiralty Casebook
'Competent court' is any admiralty court able to hear in rem claim THE English Court of Appeal decided recently that the words 'competent court' in a P&I Club's letter of undertaking meant any court that was able to exercise admiralty jurisdiction and not a court in a jurisdiction where its member's vessel or sister ships were at the time of the in rem action.
Shipping much safer now than decade ago THE global shipping industry is in much better shape - despite recent high profile casualties - than it was a decade ago, according to the head of the International Maritime Organisation.
RCL sets coupon rate for 2.5b baht bond issue THAILAND's Regional Container Lines will pay a fixed coupon of 4 per cent in the first three years on a 2.5 billion baht issue of six-year bonds, one of the issue's underwriters said yesterday.
World Nordic wins full legal control of Bergesen WORLD Nordic Shipping won full legal control of Norwegian shipping line Bergesen on Wednesday under a US$1.4 billion takeover bid, after some reluctant shareholders agreed to sell.
Air and Land Transport
EU set to seek open skies pact with US EU governments are set to allow the European Commission to negotiate an 'open skies' aviation treaty with the United States on their behalf, diplomats said on Wednesday.
European airlines may lose US$2.5b this year
Sars causes flight bookings across Asia to dive 20%
China to consider Taiwan's freight charter proposal
Man arrested on Qantas flight
Emirates may order planes worth US$20b next month
Admiralty Casebook
'Competent court' is any admiralty court able to hear in rem claim THE English Court of Appeal decided recently that the words 'competent court' in a P&I Club's letter of undertaking meant any court that was able to exercise admiralty jurisdiction and not a court in a jurisdiction where its member's vessel or sister ships were at the time of the in rem action.
Creditors chase millions after Kien Hung collapse DOZENS of creditors of Taiwanese line Kien Hung are chasing millions of dollars in debts and its banks have forced the arrest of three ships with more expected to follow, Lloyd's List can reveal.
Arrested ships could be auctioned but pickings may be small for all but banks IF NO- one acknowledges creditors' writs against Kien Hung and its subsidiaries, then the arresting party of the company's three ships, believed to be the banks, can apply to the court for an application for a judicial sale - a de facto auction, write Sam Chambers in Hong Kong and Marcus Hand in Singapore.
Hong Kong High Court writs on Kien Hung (All pending) Amount in US$
Weaker air-cargo volume in April The war in Iraq took its toll on U.S. air cargo carriers in April, as international freight and express traffic fell 1.7 percent.
EU agrees to U.S. open-skies talks The long-sought accord likely will hasten consolidation among airlines on both sides of the Atlantic.
China considers Taiwan cargo flights Beijing has reportedly agreed to consider a proposal for direct cargo charter flights between the two countries.
Dragonair can challenge Cathay China flights
New OOCL box vessel for Canada-Europe service
Georgia Ports Authority joins C-TPAT
Consolidated Fastfrate opens Calgary hub
FedEx plans Bahrain facility
U.S. truck volume up in April
Yellow tabs HR chief
Struijs to head International Association of Ports and Harbors
Sea Consortium inherits healthy intra-Europe trade from lossmaking MISC feeder MISC's Iberia/Scandinavia feeder service (ISX) was withdrawn at a time of rallying utilisation, according to MISC sources, but sizeable losses had already sealed the service's fate at company HQ.
TCP fights public-sector bid to end its Paranagua monopoly Private operator Teminal de Conteineres de Paranagua (TCP) is countering a public-sector campaign to end to its monopoly in Paranagua, with a pledge to improve on last year's disappointing performance.
Japanese group joins rush to fill Iraq's logistics void
US legislators threaten industry with nightmare regulations
US$72 million loss for MISC's liner segment
P&OP Indian rail deal eclipses plan for Concor rival
US 'restores' Operation Safe Commerce funds amid disarray
MSC opens new inland container depot for northern England
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