Samudera to expand its longer-haul routes SAMUDERA Shipping Line is poised to expand its longer China, India and Middle East services by adding capacity and services, rather than its traditional short-sea Southeast Asia operations.
Mumbai volume pledge could dampen PSA bid HEFTY new volume guarantees slapped on a concession for a container terminal in Mumbai, India, could discourage key bidder PSA Corporation, as the Singapore operator has been unable to meet expectations tied to a similar agreement over its Tuticorin terminals.
M'sia unlikely to deepen Port Klang's channel MALAYSIA's Transport Ministry is unlikely to proceed with a proposal to deepen Port Klang's approach channel to 15m from its current 11.3m due to prohibitive costs and limited demand.
Ferry route linking Macau, HK airport opens A new ferry route linking Macau directly to a ferry harbour at the Hong Kong International Airport has come in service.
PORT Shots THE Singapore Shipping Association will hold a Maritime Safety Seminar here tomorrow to update local industry leaders.
Air and Land Transport
Airbus bullish about China's A380 orders AIRBUS SAS, the world's second-largest planemaker, said its 555-seat A380 aircraft will take up the major share of orders for large aircraft from Chinese carriers in the next 20 years.
More merger deals to follow?
Emery to pay US$6m fine for violations
Cathay's transatlantic bid delays HK-Britain air talks
S'pore, Sri Lanka ink air services pact
ANA plans pay cuts across the board
Newbuilds
Tanker owners build for an uncertain future THIS week's newbuilding list is quite spectacular; including three large cruise ships, one VLCC , one LNG carrier and two 'super capesize', 200,000 dwt bulk carriers.
Samudera to expand its longer-haul routes SAMUDERA Shipping Line is poised to expand its longer China, India and Middle East services by adding capacity and services, rather than its traditional short-sea Southeast Asia operations.
Mumbai volume pledge could dampen PSA bid HEFTY new volume guarantees slapped on a concession for a container terminal in Mumbai, India, could discourage key bidder PSA Corporation, as the Singapore operator has been unable to meet expectations tied to a similar agreement over its Tuticorin terminals.
M'sia unlikely to deepen Port Klang's channel MALAYSIA's Transport Ministry is unlikely to proceed with a proposal to deepen Port Klang's approach channel to 15m from its current 11.3m due to prohibitive costs and limited demand.
Ferry route linking Macau, HK airport opens A new ferry route linking Macau directly to a ferry harbour at the Hong Kong International Airport has come in service.
PORT Shots THE Singapore Shipping Association will hold a Maritime Safety Seminar here tomorrow to update local industry leaders.
Air and Land Transport
Airbus bullish about China's A380 orders AIRBUS SAS, the world's second-largest planemaker, said its 555-seat A380 aircraft will take up the major share of orders for large aircraft from Chinese carriers in the next 20 years.
More merger deals to follow?
Emery to pay US$6m fine for violations
Cathay's transatlantic bid delays HK-Britain air talks
S'pore, Sri Lanka ink air services pact
ANA plans pay cuts across the board
Newbuilds
Tanker owners build for an uncertain future THIS week's newbuilding list is quite spectacular; including three large cruise ships, one VLCC , one LNG carrier and two 'super capesize', 200,000 dwt bulk carriers.
Samudera to expand its longer-haul routes SAMUDERA Shipping Line is poised to expand its longer China, India and Middle East services by adding capacity and services, rather than its traditional short-sea Southeast Asia operations.
Mumbai volume pledge could dampen PSA bid HEFTY new volume guarantees slapped on a concession for a container terminal in Mumbai, India, could discourage key bidder PSA Corporation, as the Singapore operator has been unable to meet expectations tied to a similar agreement over its Tuticorin terminals.
M'sia unlikely to deepen Port Klang's channel MALAYSIA's Transport Ministry is unlikely to proceed with a proposal to deepen Port Klang's approach channel to 15m from its current 11.3m due to prohibitive costs and limited demand.
Ferry route linking Macau, HK airport opens A new ferry route linking Macau directly to a ferry harbour at the Hong Kong International Airport has come in service.
PORT Shots THE Singapore Shipping Association will hold a Maritime Safety Seminar here tomorrow to update local industry leaders.
Air and Land Transport
Airbus bullish about China's A380 orders AIRBUS SAS, the world's second-largest planemaker, said its 555-seat A380 aircraft will take up the major share of orders for large aircraft from Chinese carriers in the next 20 years.
More merger deals to follow?
Emery to pay US$6m fine for violations
Cathay's transatlantic bid delays HK-Britain air talks
S'pore, Sri Lanka ink air services pact
ANA plans pay cuts across the board
Newbuilds
Tanker owners build for an uncertain future THIS week's newbuilding list is quite spectacular; including three large cruise ships, one VLCC , one LNG carrier and two 'super capesize', 200,000 dwt bulk carriers.
US Gulf activity still to pick up after slow September
EU single-hull legislation offers only partial protection A European Union ban on the carriage of heavy grades of oil in single hull tankers is due to come into force on October 21. Loopholes in the law will allow unscrupulous oil traders to continue shipping fuel oil along the same route as the ill-fated Prestige tanker was following on its last voyage.
Modest oil price reaction after weekly US inventory data Weekly data on US stocks of crude and petroleum product released today were in most part largely neutral, although compared to market expectations the data could be seen as a little bullish.
Industry personality announces retirement John Boyd of Engen Petroleum Ltd. in South Africa and a Council member of IBIA announced today that he is about to retire.
New Saudi posted prices, market firms
Piraeus firms up amid good avails and demand
Korea rising, but still competitive Despite the bullish rises that have been affecting numbers in the South East Asian region since OPEC announced production cuts, Korean numbers have manged to remain consistently competitve with her neighbours.
Russian interests may coincide with OPEC call for cuts While OPEC has pledged to cut 900,000 barrels per day (bpd) from the beginning of November, it is looking for non-OPEC oil producers to cut output by 500,000 barrels.
ABS inks accord with NAVSEA Agreement calls for joint development of ABS Naval Vessel Rules (NVR) to support the design and acquisition of Naval Combatant Ships and Craft.
Roekke off hook? Orkla ASA reports "constructive negotiations" on loan
Bust Appledore yard order row LANGHAM Industries, the company that called receivers into its subsidiary Appledore Shipbuilders on Monday, has dismissed claims that the yard turned away a containership order in the days before its demise.
Brussels drafts E 220bn rail and short-sea plan Brussels is considering a E 220bn ($250m) transport spending plan to prioritise key passenger and freight networks, with most of the money earmarked for the railways and short-sea shipping until 2020.
SembCorp set to sue auditors SEMBCORP Logistics is suing PriceWaterhouse & Co in India over a S$19.8m fraud case that rocked its Indian subsidiary.
Tanker rates on route down 50% in one week WESTBOUND tanker rates from the Middle East slumped 33% yesterday, extending a recent price slide following the Organisation of Petroleum Exporting Countries' decision to slash crude exports .
New deadline for ban on single hull tankers CONTROVERSIAL measures to accelerate the phasing out of single hull tankers and ban them from entering European ports will come into force on October 21, writes Brian Reyes.
Australians fight for their future AUSTRALIAN shipowners are poised to urge the government to alter policy settings for the domestic shipping industry as a matter of urgency.
Uruguay proposes new bulk facility URUGUAY'S credentials as a major timber exporter will be strengthened by a proposed deep water terminal at La Paloma on the Atlantic seaboard
Receivers move into Appledore TENON Recovery, newly appointed receivers of UK shipbuilder Appledore, has begun the difficult task of salving the yard
Star confirms Australian cruises MALAYSIAN cruiseship operator Star Cruises has confirmed it will return to Australia in the first quarter of 2004
Inglorious coaster to be resurveyed A coastal vessel found to have at least 57 deficiencies is to be resurveyed by Estonian authorities before a decision on its future is to be taken
Major boost for Peru's LNG trade TEXAS-based Hunt Oil has signed its first LNG contract for a greenfield export industry from Peru
Ports reject 'roadability' act U.S. ports oppose federal proposal that would shift liability for damaged containers and chassis from trucking companies to terminal operators.
US air cargo off in August Dismal month for US carriers as volume slips 2.6 percent from a year ago.
New air-cargo rules coming soon, says Continental exec The Transportation Security Administration will probably mandate new rules and procedures for air cargo within 60 to 90 days, according to a top Continental Airlines cargo executive.
ILA, management to meet
Congress extends COBRA fees
EU proposes $258B for transport
KLM looks to join SkyTeam
Bangladesh mulling deep-sea regional port
Kuehne & Nagel, Kintetsu in LatAm alliance
Goodbye, Columbus: Hamburg Sud rebrands lines
Court upholds New Orleans stevedore ruling
Kansas City Southern sells Mexrail stake back to TFM
Unions under threat as Israel authorises use of private port Israel's port strike has provided the prompt for accelerated ports privatisation, the preparation of the country's first private port for business and possible drafting-in of foreign dockers.
Charter market ceiling not yet in sight
'Historical accord' achieved on EU Ports Package is denounced by dockers
Drought hit Rhine barges switch boxes to railway
Hamburg Sud dispenses with Columbus and Crowley brands
SembLog six sacked following accounting fraud
Government mulls Klang north-channel dredge
Cochin Port Trust proposes public private partnership for Vallarpadam project
Docenave adds Maceio to ECSA service
Canada's Robert Reford pulls out of liner agency business
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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