NK To Stay Non-Profit Course
Despite mounting pressures to merge or demutualize societies, ClassNK, Japan's shipping classification society reportedly intends to remain a non-profit making and independent body.
Preussag In Talks To Form Shipbuilding Alliance
Preussag AG is reported to be discussing a shipbuilding alliance -- which would include HDW -- with Sweden's group Celsius.
World's Largest Mutual Marine Insurer Formed
The world's largest mutual marine insurer -- or Protection & Indemnity (P&I) Club -- is set to be created this summer after a management company acquisition. Theā¦
Asia To Europe Shipping Rates Could Pick Up
Container shipping rates from Asia to Europe could be lifted in the second half of 1999 as millennium-related imports put an extra squeeze on limited ship space.
Possible Strike Has Shippers Looking Skyward
The possibility of the first dockworkers strike on the U.S. West Coast in 28 years has shippers looking to air cargo as a back-up. The Pacific Maritime Associationā¦
Passenger Lines Agree To Merger
Passenger shipping firm ANEK Lines reportedly has agreed to merge with Rethymniaki.
Dispute Arises Over Fate Of Sunken Cruise Ship
Maritime authorities and insurers are reported to be at odds regarding the removal of the Sun Vista, the luxury cruise liner that caught fire and sank off the Malaysian last week.
