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NEWS
May 9, 1987 | Associated Press
An Iranian gunboat raked a Soviet freighter with cannon fire in the Persian Gulf, the first attack on a Soviet vessel since the Iran-Iraq War began 6 1/2 years ago, marine salvage executives reported Friday. The official Soviet news agency Tass branded the attack, which occurred Wednesday morning, as an "act of piracy." Shells hit the crew's quarters and started a small fire, but the crewmen escaped injury, one executive reported.
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CALIFORNIA | LOCAL
August 29, 2006 | Deborah Schoch, Times Staff Writer
Los Angeles port officials said Monday that a ship collided with the Vincent Thomas Bridge over the weekend because an onboard crane was left extended -- not because the bridge was too low. They said they were more concerned about the potential for problems as truck traffic on the bridge increases.
BUSINESS
September 21, 2001 | ALEX PHAM, TIMES STAFF WRITER
Microsoft Corp. may ship half as many Xbox video game consoles as originally promised when the machine launches Nov. 8, according to a video game industry analyst. Microsoft, which has said it will deliver 600,000 to 800,000 Xbox consoles to stores by Nov. 8, refused to comment Thursday. But analyst John G. Taylor of Arcadia Investments in Portland, Ore., said his conclusions were derived from sources at "almost all" major retailers that expect to carry the $299 game machine.
CALIFORNIA | LOCAL
April 5, 1989
The captain of the cargo ship ordered to relinquish command in Long Beach Harbor early Saturday after the first mate reported him drunk and steering erratically was found to be legally too drunk to captain a ship, according to urine- and blood-alcohol tests released Tuesday by the Coast Guard. Tests taken 5 1/2 hours after Alan Jones, 58, gave up command showed that he had a blood-alcohol level of .07% and a urine-alcohol level of .09%, officials said. The Coast Guard recognizes .
CALIFORNIA | LOCAL
April 3, 1989 | GEORGE STEIN, Times Staff Writer
Alan Jones, the 58-year-old captain ordered to give up command of a cargo ship after being reported drunk at the helm and steering erratically, was headed back to his native England Sunday, the U.S. Coast Guard announced. The Coast Guard said Saturday that it was investigating Jones for possible charges of negligence and the nautical equivalent of drunk driving. Both charges carry a possible fine of $5,000 and a one-year prison sentence.
NEWS
January 22, 1994 | JIM MANN, TIMES STAFF WRITER
A ship carrying cargo from China to the Middle East was recently inspected and found to contain illegal chemicals used for making dangerous weapons, U.S. officials acknowledged Friday. The ship Asian Senator, which is of German origin, was examined at a Saudi Arabian port in a new demonstration of the intensified U.S. and international campaign to stop the spread of deadly weapons and chemicals.
NEWS
June 4, 2001 | From Times Wire Reports
In a major conciliatory gesture, South Korea said it will open a key waterway to North Korean commercial ships if they seek advance permission to pass through it. The decision came hours after Seoul allowed three North Korean cargo vessels to sail out of the narrow channel between South Korea's mainland and its southernmost island of Cheju after they had violated those territorial waters for more than eight hours. The channel has been open to all foreign ships except those from North Korea.
BUSINESS
September 12, 2009 | Times Wire Services
FedEx Corp. shares rose to an 11-month high after the second-largest U.S. package-shipping company said first-quarter profit topped its forecast. Earnings for the quarter that ended Aug. 31 will be 58 cents a share, the Memphis, Tenn., company said in posting preliminary results. FedEx had forecast 30 cents to 45 cents. The average of 15 analyst estimates compiled by Bloomberg was 45 cents. FedEx's announcement suggests shipping demand is starting to pick up, particularly for higher-priced international service.
BUSINESS
December 26, 1988 | From Financial Times
Japan Line and Yamashita-Shinnihon Steamship, two of Japan's leading shipping groups, have agreed to merge. The agreement, due to be completed by June 1, is the largest merger deal between Japanese shipping companies since the government led a reorganization of the industry in 1964. The deal also comes against the background of a lingering slump in the shipping industry and renewed efforts by the government to promote restructuring.
NEWS
June 19, 1988 | LARRY GREEN, Times Staff Writer
Drought is causing America's great river highway, the mighty Mississippi, to run low on water. One of the driest spring seasons in a half-century is also dropping water levels dangerously low on other rivers, great and small, that depend on watersheds in the Midwest, Southeast and Northwest to keep them flowing.
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