How to fix costs of govt-built ports: Meredith PSA Corporation's huge profits could in fact translate to losses if all past capital expenditure and infrastructure costs are taken into account, according to Hutchison Port Holdings managing director John Meredith.
Hapag-Lloyd, Evergreen chalk up big jump in first-half profits GERMAN box carrier Hapag-Lloyd posted the third highest profit in its 155-year history, reflecting the ongoing recovery in the liner shipping industry.
Jurong to build 2 more ships for Wan Hai JURONG Shipyard has clinched a $110 million contract to build another two container ships for Taiwan's Wan Hai Lines, making the total value of its contract $220 million.
ICTSI may bid for Puerto Rico, Trinidad port deals INTERNATIONAL Container Terminal Services Inc , the largest Philippine port operator not owned by the government, said it may bid for port contracts in Puerto Rico and Trinidad and Tobago.
Houston channel set to reopen TRAFFIC through the Houston Ship Channel, one of the US's busiest waterways, is expected to return to normal after a tropical storm abated.
Air and Land Transport
Top Europe carriers' traffic seen up in Aug THE best performing European airlines like British Airways, Air France and KLM Royal Dutch Airlines can be expected to report that traffic rose as much as 5 per cent in August as the US economy grew and fares fell.
Some Olympic Air staff to be hired for new carrier
US airport authority plans US$450m bond sale
Two airlines mulling move from Moscow's main airport
Log Book
Bulletin Board
Bulletin Board Maersk Sealand's former Singapore-based Asia managing director, Flemming Ipsen, has been named vice-president of corporate affairs for parent company AP Moller.
Port Shots
Port Shots A fire on board an oil tanker on Russia's Volga river has been brought under control, transport ministry officials said yesterday.
How to fix costs of govt-built ports: Meredith PSA Corporation's huge profits could in fact translate to losses if all past capital expenditure and infrastructure costs are taken into account, according to Hutchison Port Holdings managing director John Meredith.
Hapag-Lloyd, Evergreen chalk up big jump in first-half profits GERMAN box carrier Hapag-Lloyd posted the third highest profit in its 155-year history, reflecting the ongoing recovery in the liner shipping industry.
Jurong to build 2 more ships for Wan Hai JURONG Shipyard has clinched a $110 million contract to build another two container ships for Taiwan's Wan Hai Lines, making the total value of its contract $220 million.
ICTSI may bid for Puerto Rico, Trinidad port deals INTERNATIONAL Container Terminal Services Inc , the largest Philippine port operator not owned by the government, said it may bid for port contracts in Puerto Rico and Trinidad and Tobago.
Houston channel set to reopen TRAFFIC through the Houston Ship Channel, one of the US's busiest waterways, is expected to return to normal after a tropical storm abated.
Air and Land Transport
Top Europe carriers' traffic seen up in Aug THE best performing European airlines like British Airways, Air France and KLM Royal Dutch Airlines can be expected to report that traffic rose as much as 5 per cent in August as the US economy grew and fares fell.
Some Olympic Air staff to be hired for new carrier
US airport authority plans US$450m bond sale
Two airlines mulling move from Moscow's main airport
Log Book
Bulletin Board
Bulletin Board Maersk Sealand's former Singapore-based Asia managing director, Flemming Ipsen, has been named vice-president of corporate affairs for parent company AP Moller.
Port Shots
Port Shots A fire on board an oil tanker on Russia's Volga river has been brought under control, transport ministry officials said yesterday.
How to fix costs of govt-built ports: Meredith PSA Corporation's huge profits could in fact translate to losses if all past capital expenditure and infrastructure costs are taken into account, according to Hutchison Port Holdings managing director John Meredith.
Hapag-Lloyd, Evergreen chalk up big jump in first-half profits GERMAN box carrier Hapag-Lloyd posted the third highest profit in its 155-year history, reflecting the ongoing recovery in the liner shipping industry.
Jurong to build 2 more ships for Wan Hai JURONG Shipyard has clinched a $110 million contract to build another two container ships for Taiwan's Wan Hai Lines, making the total value of its contract $220 million.
ICTSI may bid for Puerto Rico, Trinidad port deals INTERNATIONAL Container Terminal Services Inc , the largest Philippine port operator not owned by the government, said it may bid for port contracts in Puerto Rico and Trinidad and Tobago.
Houston channel set to reopen TRAFFIC through the Houston Ship Channel, one of the US's busiest waterways, is expected to return to normal after a tropical storm abated.
Air and Land Transport
Top Europe carriers' traffic seen up in Aug THE best performing European airlines like British Airways, Air France and KLM Royal Dutch Airlines can be expected to report that traffic rose as much as 5 per cent in August as the US economy grew and fares fell.
Some Olympic Air staff to be hired for new carrier
US airport authority plans US$450m bond sale
Two airlines mulling move from Moscow's main airport
Log Book
Bulletin Board
Bulletin Board Maersk Sealand's former Singapore-based Asia managing director, Flemming Ipsen, has been named vice-president of corporate affairs for parent company AP Moller.
Port Shots
Port Shots A fire on board an oil tanker on Russia's Volga river has been brought under control, transport ministry officials said yesterday.
How to fix costs of govt-built ports: Meredith PSA Corporation's huge profits could in fact translate to losses if all past capital expenditure and infrastructure costs are taken into account, according to Hutchison Port Holdings managing director John Meredith.
Hapag-Lloyd, Evergreen chalk up big jump in first-half profits GERMAN box carrier Hapag-Lloyd posted the third highest profit in its 155-year history, reflecting the ongoing recovery in the liner shipping industry.
Jurong to build 2 more ships for Wan Hai JURONG Shipyard has clinched a $110 million contract to build another two container ships for Taiwan's Wan Hai Lines, making the total value of its contract $220 million.
ICTSI may bid for Puerto Rico, Trinidad port deals INTERNATIONAL Container Terminal Services Inc , the largest Philippine port operator not owned by the government, said it may bid for port contracts in Puerto Rico and Trinidad and Tobago.
Houston channel set to reopen TRAFFIC through the Houston Ship Channel, one of the US's busiest waterways, is expected to return to normal after a tropical storm abated.
Air and Land Transport
Top Europe carriers' traffic seen up in Aug THE best performing European airlines like British Airways, Air France and KLM Royal Dutch Airlines can be expected to report that traffic rose as much as 5 per cent in August as the US economy grew and fares fell.
Some Olympic Air staff to be hired for new carrier
US airport authority plans US$450m bond sale
Two airlines mulling move from Moscow's main airport
Log Book
Bulletin Board
Bulletin Board Maersk Sealand's former Singapore-based Asia managing director, Flemming Ipsen, has been named vice-president of corporate affairs for parent company AP Moller.
Port Shots
Port Shots A fire on board an oil tanker on Russia's Volga river has been brought under control, transport ministry officials said yesterday.
Iraq's August exports nearly on target, hopeful for September Shippers believe Iraq will be able to meet its export target of 800,000 barrels per day for September. With Iraq only counting on the southern outlet for exports, successful exports via the northern pipeline would be an unexpected bonus.
Broker changes name to reflect ownership
Broker returns to Bunkerworld It is our great pleasure to announce that Carlos Nunez has returned to the Bunkerworld and Bunkerdesk team after a year working as a broker with the well-renowned London-based bunker brokers Anderson Hughes & Co. Ltd.
Better Baltic demand than expected amid avails problems Demand stayed healthy in the Baltic today despite the American holiday - but supply problems in some ports are causing problems.
Gravity tugs at crude prices as US driving season ends The US driving season, which causes peak gasoline demand, typically ends after the US Labor Day holiday weekend, i.e. after today.
Raging inferno on tanker in Volga is finally put out A Fire which had raged out of control for 48 hours on a Russian tanker carrying 2,000 tonnes of crude oil in the Volga River was finally put out early yesterday.
PSA Corp and Cosco set seal on Singapore berths deal BREAKING the mould of common user terminals, China Ocean Shipping Co has signed a joint venture deal with PSA Corp to operate two berths in the port of Singapore.
Lloyd's insurers hold their breath for levy cut news INSURERS at Lloyd's are eagerly awaiting more good news: they expect the levy they pay to support the market will be reduced in 2004.
Luftpool close to ending underwriting THE German aviation pool Deutscher Luftpool is close to ending its underwriting activity, following strong pressure from antitrust authorities on EU and German government levels, writes Herbert Fromme in Cologne.
Two charged over Wärtsilä and Rolls-Royce fraud TWO Rederi Gotland employees and two other individuals have been charged with bribery and corruption in the Swedish courts, in what is said to be the largest fraud case involving individuals ever to hit Sweden's maritime industry.
PSA joint venture creates world's eighth largest container terminal operator Singapore-based PSA Corp has sealed a landmark deal to sell a 49% stake in its Pasir Panjang Terminal to the Chinese shipping giant Cosco.
Spring tide fails to shift Sealand Express Attempts by salvors to dislodge the stricken Sealand Express from the Cape Town beach on which it ran aground last Tuesday failed yet again on the weekend.
Vessel sharing agreement cuts capacity on North Europe routes
HMM debates expansion strategy
Hakata opens with storage fee cut
Reefer box market strength pushes breakbulk rates up
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