Singapore may offer more incentives to lines SINGAPORE's ports may offer added incentives to win back lost customers and hold onto existing shipping lines, a senior Economic Development Board official said yesterday.
PSA unit commissions 4 harbour tugs
War risk levy on US shipments cut
Aussie navy seizes boat suspected of illegal fishing
Air and Land Transport
Ansett goes to court to protect itself from losses QANTAS Airways, Australia's largest carrier, and rival Ansett Holdings are going to court separately over issues ranging from a wage dispute to safeguarding the revival of a failed carrier.
CIAS takes 49% stakein Airocean cargo unit
Spilt fleet not viable for easyJet: Boeing
Airbus A380 deals help lift European Aeronautic orders
Singapore may offer more incentives to lines SINGAPORE's ports may offer added incentives to win back lost customers and hold onto existing shipping lines, a senior Economic Development Board official said yesterday.
PSA unit commissions 4 harbour tugs
War risk levy on US shipments cut
Aussie navy seizes boat suspected of illegal fishing
Air and Land Transport
Ansett goes to court to protect itself from losses QANTAS Airways, Australia's largest carrier, and rival Ansett Holdings are going to court separately over issues ranging from a wage dispute to safeguarding the revival of a failed carrier.
CIAS takes 49% stakein Airocean cargo unit
Spilt fleet not viable for easyJet: Boeing
Airbus A380 deals help lift European Aeronautic orders
Horizon Shipbuilding files for Chapter 11 Privately held Horizon Shipbuilding, Inc., Bayou La Batre, Ala., filed for Chapter 11 bankruptcy protection on January 25.
MSC charters high speed cat The U.S. Navy's Military Sealift Command has awarded a $31 million, 36-month contract to Austal Ships Pty. Ltd., Henderson, Australia, to operate a high speed catamaran fo rthe U.S. Marine Corps' Third Marine Expeditionary Force
Austal USA delivers first boats Two 150 ft Crew / Supply vessels have been completed and handed over by Austal USA to owners Otto Candies LLC ahead of the contracted delivery date.
Next USCG Commandant nominated President Bush has nominated Vice Admiral Thomas H. Collins, 55, to be the 22nd Commandant of the United States Coast Guard.
Carnival ups Princess bid Carnival Corporation has raised its bid for Princess to 3.8 billion pounds ($5.4 billion)).
Erika liability fear sank Rina-BV deal CONCERNS about liabilities linked to the Erika disaster caused Bureau Veritas to pull out of its deal with Italian partner Rina, the French classification society has revealed.
Onwards and upwards for Clarkson's Fulford-Smith THE rise of Richard Fulford-Smith at Clarkson, the world's largest shipbroker, continues with his appointment to the new position of managing director of H Clarkson & Co, the group's main UK operating subsidiary, writes Tony Gray.
Princess bid battle faces Valentine's Day crunch THE pressure on P&O Princess' board intensified yesterday after Carnival raised its hostile bid for the British company to 550p a share from 515p.
Collins to head U.S. Coast Guard President Bush has nominated Vice Admiral Thomas H. Collins to be the 22nd Commandant of the Coast Guard.
Despite U.S. absence, FMC still policing trans-Pacific The Federal Maritime Commission is continuing to exert its regulatory authority in the largest U.S. trade lane, a commissioner says.
Pan Ocean a retrouvé un second souffle Le grand armement sud-coréen Pan Ocean Shipping évolue désormais dans des eaux plus calmes, un accord ayant été conclu avec ses créanciers par lequel des dettes sont converties en titres pour un montant de 177 millions d’USD. Les créanciers ont également accepté le plan de restructuration. Par cet accord, les banques, à savoir Korea Development Bank, Korea Exchange Bank, Hanvit Bank et Chohung Bank, sont devenues les actionnaires majoritaires et contrôlent donc désormais cette entreprise fondée en 1966, mais qui était placée sous contrôle juridique depuis 1993. Entre-temps, Pan Ocean a effacé des dettes pour un montant de 770 mio. de’USD dans le cadre d’un plan de réorganisation sur de huit ans.
“Il reste toujours de la marge pour continuer à réduire les coûts” L’année écoulée a été bonne pour DAF, qui a contribué aux bénéfices de Paccar. Cette année-ci, on peut s’attendre à une forte baisse du marché, mais une guerre des prix semble peu probable. C’est ce que nous a déclaré dans une interview exclusive James G. Cardillo, le président de DAF Trucks, en marge du salon RAI à Amsterdam. Selon lui, le constructeur continuera à réduire ses coûts en permanence, car il y a toujours une marge de manoeuvre pour poursuivre les efforts en la matière. Un des moyens utilisés sera le développement de synergies avec Kenworth et Peterbilt. Cardillo n’exclut pas que cela pourra même se faire dans le domaine des moteurs, même si dans l’état actuel des choses, c’est peu probable.
Le port de Lille commande trois barges de poussage à containers Les administrateurs du port français de Lille ont passé commande, à l’issue d’un appel d’offres international, auprès du Chantier Naval Meuse et Sambre de Beez près de Namur pour la construction de trois barges de poussage à containers. La livraison de la première barge est prévue en août.
Oglebay Norton dives into red Great Lakes fleet operator attributed the 2001 loss to ongoing restructuring efforts within the company.
Strong LNG ship demand projected for 2006 Several LNG producers have not covered their 2005 onwards ship requirements.
Patriot returns to Holland America The American Classic Voyages' cruise ship was auctioned off in Hawaii last week.
POL sails into the black Slimmed-down owner Polish Ocean Lines has made a profit for the first time since restructuring.
New role for 'Fulford' Clarkson's S&P 'legend' has a new position made for him, as broking house prepares to "give it more oomph".
Galatea moves to Lloyd's Marine E&O underwriter consolidates Lime Street links.
Wisjmuller aiming to move Kodima over weekend Salvors airlifted from cargoship grounded off UK, as worsening weather delays refloating attempt.
Carnival raises P&O Princess bid Battle of cruise giants goes up gear as rival suitor ups stakes and adds condition.
Brodosplit losses pile up Yard tops loss-making list of Croatian state-owned shipyards.
Foreign owners may back SCI bid Teekay, Exmar and MISC named as potential partners but Sanjay Mehta says no deal done.
New Russian grain terminal planned Industrial group Interros wants to invest $40m in new facilities at St Petersburg.
Asset sales propel Wartsila to bigger profit Disposal of stakes in Finnish company's non-core businesses offset falling demand for ship engines last year.
Kirby may get rating boost US barge and tug boat operator is projected to perform well in 2002.
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