Shenzhen port's box volumes soar 40% UNSTOPPABLE growth at China's southern port of Shenzhen has continued through October, sustaining a container throughput growth rate of 40 per cent in the first 10 months of this year.
Carnival shifts Miami sailings to avoid trade-talk crowds CARNIVAL Cruise Line, the flagship line of the world's biggest cruise group, will shift 14 cruise sailings away from Miami to avoid crowds expected for the Free Trade Area of the Americas meetings this month.
Floating hotels to house Olympics family OLYMPIC organisers unveiled the first of 11 luxury cruise ships that will help to fill an accommodation shortfall for the Athens Games.
Fog delays ships in Panama Canal SHIPS waiting to sail through the Panama Canal, the waterway that links the Pacific and Atlantic oceans, are experiencing delays as much as three days because of fog, the canal's operators said.
Air and Land Transport
Virgin, partners to invest US$200m in new US carrier RICHARD Branson, the UK billionaire entrepreneur, said Virgin Group and its partners may invest about US$200 million to set up a low-cost airline in the US next year.
Chinese airlines plan to buy up to 30 Boeing aircraft
Risk coverage for SIA, Changi airport extended
Heathrow faces 2nd strike
EADS seen widening Q3 loss on jet delivery drop, space woes
Shenzhen port's box volumes soar 40% UNSTOPPABLE growth at China's southern port of Shenzhen has continued through October, sustaining a container throughput growth rate of 40 per cent in the first 10 months of this year.
Carnival shifts Miami sailings to avoid trade-talk crowds CARNIVAL Cruise Line, the flagship line of the world's biggest cruise group, will shift 14 cruise sailings away from Miami to avoid crowds expected for the Free Trade Area of the Americas meetings this month.
Floating hotels to house Olympics family OLYMPIC organisers unveiled the first of 11 luxury cruise ships that will help to fill an accommodation shortfall for the Athens Games.
Fog delays ships in Panama Canal SHIPS waiting to sail through the Panama Canal, the waterway that links the Pacific and Atlantic oceans, are experiencing delays as much as three days because of fog, the canal's operators said.
Air and Land Transport
Virgin, partners to invest US$200m in new US carrier RICHARD Branson, the UK billionaire entrepreneur, said Virgin Group and its partners may invest about US$200 million to set up a low-cost airline in the US next year.
Chinese airlines plan to buy up to 30 Boeing aircraft
Risk coverage for SIA, Changi airport extended
Heathrow faces 2nd strike
EADS seen widening Q3 loss on jet delivery drop, space woes
Bunker alerts are in danger of becoming junk mail "Owners should be cautious with respect to automatically generated bunker alerts," says John Dixon, managing director of Lintec Testing Services.
Crude rebounds on unexpected US oil inventory reports
Overview of latest US oil inventory data
New Riga bunkering terminal to offer full product range soon Vexoil told Bunkerworld this week that the company has been able to offer supply of IFO380 as well as MGO at its new Riga terminal since late September, but expects to have available a full range of HFOs from next week.
Demand on the up in Korea
Greek bunkering continues fine run
New Saudi posted prices
Primorsk expansion key to rising Russian oil exports Russia boosted crude oil shipments by 9 percent in September, but exports through Russian pipeline monopoly Transneft fell by 2.5 percent in October due to severe weather conditions in the Black Sea. The question now is to what extent Russia will manage to continue a high level of exports during the winter months, which present a number of logistical problems. Early completion of expanded Primorsk export capacity may not make a difference just yet.
Court blocks ghost ship dismantling THE UK High Court has blocked the dismantling of the US Maritime Administration 'ghost ships' at Able UK's Teesside yard. The injunction had been put forward by the environmental pressure group Friends of the Earth to stop any modification to the waste management licence that had originally been granted by the UK's Environment Agency and subsequently withdrawn on 31 October
Have your say! Are the Hull Clauses 2003, launched by London's Joint Hull Committee, too late to recapture underwriting business lost to Scandinavia? Have your say
UK warns against ISPS delays UK ship and port operators have been warned that failure to prepare in time for the July 2004 ISPS Code deadline will have serious commercial implications
Belships takes $10M hit BELSHIPS has recorded an extraordinary loss of $9.6M caused by the write off of its 60% holding in Gibson Gas Tankers, which dragged its third quarter net loss to $10.2M
Tallinn boosts Silja profits A STRONG rise in passenger and freight volumes boosted third quarter earnings at ferry operator Silja, which forecasts a full year result better than that of 2002
SSA to cut Umm Qasr tariff SSA Marine is to reduce the marine tariff for the Iraqi port of Umm Qasr from 15 November in a move aimed at attracting reconstruction and commercial cargoes
EU plans sanctions against U.S. European Union threatens retaliatory sanctions on up to $4 billion worth of US exports, threatening eastbound trans-Atlantic container traffic.
British Airways cargo recovery Europe's biggest airline extends rally reclaiming business lost to Iraq war, downturn in global air-freight market.
Air lifts Expeditors net Forwarder's third-quarter profit was $32.6 million, up from $30.6 million a year ago.
ILA endorses Gephardt
ITF resists 'ports of convenience'
Asia rally boosts KLM cargo
Horizon Lines names CFO
New yard to ease Chittagong congestion
Vietnam to create new port near Saigon
CSX chief commercial officer to retire
FedEx chooses Kazakhstan for refueling
Shipping Act change coming, but only for UPS, FedEx?
SA exporters eye Maputo as alternative to congested Durban South African exporters are looking to Maputo as an alternative to Durban Container Terminal (DCT) which remains heavily congested despite the authorities' best efforts.
Italian rail operator enters central European intermodal cargo market Ferrovie Nord Cargo (FN Cargo) announced at Rotterdam's intermodal conference today that it intends to enter the maritime container transport market in 2004.
Fortunes cooking: Chinese New Year seen as charter market turning point
Launch of Bay Area satellite ports aimed at cutting shipper costs
Moody's mulls PSA Corp rating upgrade
Bas Bredius succeeds Kritikos as Ceres Paragon CEO
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher