COSCO recently held a groundbreaking ceremony for its new shipyard in Dalian's Lushunkou Economic Development Zone, Xinhua reported. COSCO will invest nearly CNY10 billion (US$1.4 billion) on the project, which occupies a land area of 1.8 square kil
UNITED ARAB Shipping Company (UASC), jointly owned by Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and the UAE, has announced a recent US$1.5-billion order for nine 13,000-TEU containerships. The vessels, which form the largest containership order eve
WAL-MART Stores has ended its agreement to have Germany's DHL fly merchandise nightly from Wilmington, Ohio, to Fayetteville, Arkansas, after its controversial deal with UPS, said a pilot who once flew the route for the displaced airline ASTAR, repo
AN award-winning scanner has won Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) developers' nomination for the Australian Museum Eureka Prize. CSIRO'S scanning technology was nominated on the grounds of innovation t
QANTAS Airways has unveiled plans to increase services between Sydney and Johannesburg in South Africa, from five to six flights each week, starting December 16 2008. The new service will be operated by a Boeing 747-400 aircraft. South Africa is an
The UN's International Maritime Organisation made the Cook Islands, a scattered archipelago north west of New Zealand, its latest member state following a deposit on July 1. As the Cook Islands is not a UN member, its application required the approv