Jose Manuel Barroso, the European commission president, yesterday refused to withdraw from handling competition cases involving the shipping industry despite fresh controversy over his links with Spiros Latsis, a shipping and banking billionaire. Mr Barroso was forced to disclose this week that he a
Greece’s Merchant Marine Ministry presented a draft law Thursday that aims to promote the listing on the Athens Stock Exchange of Greek and foreign shipping companies or holding companies with links to the sector. The law has a twofold aim, the ministry said: to improve the investment climate of the
The volume of shipping cargo handled in the port of Antwerp during the first quarter of 2005 amounted to 39,239,923 tonnes. This represents an increase of 4.8% compared with the 37,452,879 tonnes handled during the same period in 2004. On the import side there was a rise of 7.3%, while exports were
The New Hampshire Senate yesterday approved a bill that would spend $100,000 on efforts to keep the Portsmouth Naval Shipyard open, but it may take awhile to go into effect. The Senate cast a unanimous voice vote to send a clear message to federal authorities that the state is firmly behind the ship
The House voted late Wednesday to allow oil drilling in an Alaska wildlife refuge as part of a broad energy bill that Democrats said would funnel billions of dollars to highly profitable energy companies while doing little to promote conservation or ease gasoline prices. The bill’s sponsors said oil
Caterpillar Inc. today reported first-quarter sales and revenues of $8.34 billion and record profit of $581 million, or $1.63 per share. Sales and revenues were up 29 percent and profit was up 38 percent compared to the first quarter of 2004. “These record results are further evidence of the strengt
The Manitowoc Company, Inc. today announced that its Manitowoc Marine Group was recently awarded a contract to build an unmanned, self-discharging, bulk cement barge for American Transport Leasing (ATL). The 460
The closing of Portsmouth Naval Shipyard would cost the Seacoast more than 3,000 jobs, according to a report released this week. The report also predicts closure would negatively affect state revenue and reduce the population for more than a decade. The document, “What If the Shipyard Closed,” was p
The Victorian Government has announced a multi-million dollar injection to upgrade the Tenix shipyard at Williamstown. State and Regional Development Minister John Brumby unveiled plans for the upgrade, which will only go ahead if the shipyard wins the Federal Government’s $6 billion air warfare des
A 70-foot wave that slammed into a New York based megaliner not only shattered some glass and the confidence of some passengers, but it also pointed up the differences between ocean liners and cruise ships. Seas were rough for at least 11 hours before a seven story wave suddenly slammed into the bow
Bandar Seri Begawan – Yacht `Ambil Angin’ from Brunei came in second of the Labuan Harbour Regatta which was one of the events in the Borneo Cup Yachting Challenge (BCYC) 2005 at the Waterfront Marina, Labuan on Monday. ‘Ambil Angin’ owned by Kay Wilson and skippered by Chris Goodwin put up a strong
New petrol vessel Marine Patrol 31 of Guangdong Maritime Safety Administration (GDMSA) arrived at Hong Kong Wednesday for a three-day visit. A group of China Maritime Safety Administration officials led by GDMSA Director General Wang Xiangtao were aboard the ship. They will visit Hong Kong Marine De
A near-miss incident between the trouble-plagued Interislander ferry Aratere and a tanker in Wellington Harbour did not warrant an immediate inquiry, the Maritime Safety Authority (MSA) said today. The MSA is investigating the April 10 incident between the ferry and a CentrePort tanker, believed to
A robot that swims underwater to scan hulls and rudders to enhance ships
