Daewoo in line for ULCC order LOEWS Corporation of the United States and Greek shipowner Basil Papachristidis are involved in a breakthrough order for up to four 450,000 dwt ultra large crude carriers at South Korea's Daewoo Heavy Industries.
Singapore Airlines buys into Virgin SINGAPORE Airlines is paying '600m (US$973.5m) for a 49% stake in the holding company of Virgin Atlantic Airways, the UK-based passenger airline owned by Richard Branson.
Burlington and CN to join forces Canadian National Railway and Burlington Northern Santa Fe plan to join forces in a C$28bn (US$19bn) business creating North America's largest railway.
P&0 property sale stays on schedule P&O Group has virtually completed its disposal of property interests in North America following the sale of a Boston office block.
Cammell dock underway WORK has started on a new covered dock capable of building 40,000-tonne ships at Cammell Laird on Tyneside.
Noell rolls up crane and port divisions THE supervisory board of engineering group and crane specialist Noell has decided on structural changes in its crane building and port technology division.
Mitsui OSK predicts improved profits IMPROVED international shipping markets in 2000 will ensure that Mitsui OSK Lines boosts its profits for the next financial term, company president Masaharu Ikuta has told Lloyd's List.
Class interpretation dominates agenda A NEED for greater uniformity in classification rules interpretation, and concern about societies undertaking work for dubious flag states, are among the issues discussed at the first meeting between the International Association of Classification Societies and its industry partners.
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