NOL shows strong recovery with US$206m profit in Q3 NEPTUNE Orient Lines reported a rebound in third-quarter profit yesterday, on the back of a strong performance by its liner division and aided by profit from the sale earlier this year of its tanker division.
Sydney pressing ahead with expansion of Port Botany PLANS to expand Sydney's Port Botany container port are being pushed ahead amid fears that existing capacity will be exhausted by 2009.
Pelepas port upgrades gantry crane fleet JOHOR's Port of Tanjung Pelepas is upgrading and automating its rubber-tyred gantry crane fleet to boost productivity.
LNG attack may devastate Boston Port: report TERROR attacks on liquefied natural gas tankers in Boston harbour have the capacity to inflict substantial damage on the port and its residents, the Boston Herald said, citing a preliminary study from the government.
Maritime Offences Bill passed PARLIAMENT yesterday passed a Maritime Offences Bill which will give effect to the provisions of the Rome Convention aimed at international efforts to fight maritime terrorism and piracy.
Air and Land Transport
Virgin Blue aims to raise up to A$558m in flotation AUSTRALIAN budget airline Virgin Blue said yesterday it hopes to raise up to A$558 million when shares in the group make their stock market debut on Dec 8.
British Airways Q2 earnings fall 36% on fare reductions
Eurostar set to revamp management
Electronic air tickets on sale in Indonesia
Log Book
Features
'Ghost fleet' fuels row over ship-breaking EVERY year hundreds of ships, many rusting and contaminated with toxic materials, criss-cross the world's oceans to be broken up, but few attract so much interest as the 'ghost ships' heading for Britain.
Bulletin Board
Bulletin Board Noble Group has appointed Stephen Marzo as its global chief financial officer, replacing retiring executive Milton Au, who will remain a non-executive director and assume vice chairmanship of the company's audit committee.
NOL shows strong recovery with US$206m profit in Q3 NEPTUNE Orient Lines reported a rebound in third-quarter profit yesterday, on the back of a strong performance by its liner division and aided by profit from the sale earlier this year of its tanker division.
Sydney pressing ahead with expansion of Port Botany PLANS to expand Sydney's Port Botany container port are being pushed ahead amid fears that existing capacity will be exhausted by 2009.
Pelepas port upgrades gantry crane fleet JOHOR's Port of Tanjung Pelepas is upgrading and automating its rubber-tyred gantry crane fleet to boost productivity.
LNG attack may devastate Boston Port: report TERROR attacks on liquefied natural gas tankers in Boston harbour have the capacity to inflict substantial damage on the port and its residents, the Boston Herald said, citing a preliminary study from the government.
Maritime Offences Bill passed PARLIAMENT yesterday passed a Maritime Offences Bill which will give effect to the provisions of the Rome Convention aimed at international efforts to fight maritime terrorism and piracy.
Air and Land Transport
Virgin Blue aims to raise up to A$558m in flotation AUSTRALIAN budget airline Virgin Blue said yesterday it hopes to raise up to A$558 million when shares in the group make their stock market debut on Dec 8.
British Airways Q2 earnings fall 36% on fare reductions
Eurostar set to revamp management
Electronic air tickets on sale in Indonesia
Log Book
Features
'Ghost fleet' fuels row over ship-breaking EVERY year hundreds of ships, many rusting and contaminated with toxic materials, criss-cross the world's oceans to be broken up, but few attract so much interest as the 'ghost ships' heading for Britain.
Bulletin Board
Bulletin Board Noble Group has appointed Stephen Marzo as its global chief financial officer, replacing retiring executive Milton Au, who will remain a non-executive director and assume vice chairmanship of the company's audit committee.
NOL shows strong recovery with US$206m profit in Q3 NEPTUNE Orient Lines reported a rebound in third-quarter profit yesterday, on the back of a strong performance by its liner division and aided by profit from the sale earlier this year of its tanker division.
Sydney pressing ahead with expansion of Port Botany PLANS to expand Sydney's Port Botany container port are being pushed ahead amid fears that existing capacity will be exhausted by 2009.
Pelepas port upgrades gantry crane fleet JOHOR's Port of Tanjung Pelepas is upgrading and automating its rubber-tyred gantry crane fleet to boost productivity.
LNG attack may devastate Boston Port: report TERROR attacks on liquefied natural gas tankers in Boston harbour have the capacity to inflict substantial damage on the port and its residents, the Boston Herald said, citing a preliminary study from the government.
Maritime Offences Bill passed PARLIAMENT yesterday passed a Maritime Offences Bill which will give effect to the provisions of the Rome Convention aimed at international efforts to fight maritime terrorism and piracy.
Air and Land Transport
Virgin Blue aims to raise up to A$558m in flotation AUSTRALIAN budget airline Virgin Blue said yesterday it hopes to raise up to A$558 million when shares in the group make their stock market debut on Dec 8.
British Airways Q2 earnings fall 36% on fare reductions
Eurostar set to revamp management
Electronic air tickets on sale in Indonesia
Log Book
Features
'Ghost fleet' fuels row over ship-breaking EVERY year hundreds of ships, many rusting and contaminated with toxic materials, criss-cross the world's oceans to be broken up, but few attract so much interest as the 'ghost ships' heading for Britain.
Bulletin Board
Bulletin Board Noble Group has appointed Stephen Marzo as its global chief financial officer, replacing retiring executive Milton Au, who will remain a non-executive director and assume vice chairmanship of the company's audit committee.
NOL shows strong recovery with US$206m profit in Q3 NEPTUNE Orient Lines reported a rebound in third-quarter profit yesterday, on the back of a strong performance by its liner division and aided by profit from the sale earlier this year of its tanker division.
Sydney pressing ahead with expansion of Port Botany PLANS to expand Sydney's Port Botany container port are being pushed ahead amid fears that existing capacity will be exhausted by 2009.
Pelepas port upgrades gantry crane fleet JOHOR's Port of Tanjung Pelepas is upgrading and automating its rubber-tyred gantry crane fleet to boost productivity.
LNG attack may devastate Boston Port: report TERROR attacks on liquefied natural gas tankers in Boston harbour have the capacity to inflict substantial damage on the port and its residents, the Boston Herald said, citing a preliminary study from the government.
Maritime Offences Bill passed PARLIAMENT yesterday passed a Maritime Offences Bill which will give effect to the provisions of the Rome Convention aimed at international efforts to fight maritime terrorism and piracy.
Air and Land Transport
Virgin Blue aims to raise up to A$558m in flotation AUSTRALIAN budget airline Virgin Blue said yesterday it hopes to raise up to A$558 million when shares in the group make their stock market debut on Dec 8.
British Airways Q2 earnings fall 36% on fare reductions
Eurostar set to revamp management
Electronic air tickets on sale in Indonesia
Log Book
Features
'Ghost fleet' fuels row over ship-breaking EVERY year hundreds of ships, many rusting and contaminated with toxic materials, criss-cross the world's oceans to be broken up, but few attract so much interest as the 'ghost ships' heading for Britain.
Bulletin Board
Bulletin Board Noble Group has appointed Stephen Marzo as its global chief financial officer, replacing retiring executive Milton Au, who will remain a non-executive director and assume vice chairmanship of the company's audit committee.
Iraq's northern pipeline remains shut on security concerns
Bullish Baltic braves bare demand
Gibraltar in brief: Good prompt, good avails
Great Belt quiet and firm
DNVPS responds to Lintec statements on bunker alerts DNV Petroleum Services today responded to a press release from Lintec Testing Services (Nov. 5), which said that bunker alerts are in danger of becoming junk mail. Although Lintec did not explicitly name any companies, the criticism against automatically generated bunker alerts seemed particularly aimed at DNVPS, the global leader in fuel testing. DNVPS today responded to Lintec's statements, stressing that its bunker alerts are well-founded, accurate and useful to their customers.
Quiet start to the week in firming Istanbul
Crude continues firm after Saudi bombing Crude prices continue strong this Monday on concern about supply security following a terrorist bombing in Saudi Arabia this weekend.
Singapore starts week firm in line with crude gains
Able UK wins temporary reprieve in ghost ship row THE first of the US naval reserve vessels at the centre of an environmental row is due to reach Hartlepool tomorrow or Thursday, after being towed across the Atlantic to reach a British scrapping facility, writes David Osler.
Goshawk purge ousts chief executive Fagan EXPELLED Lloyd's insurer Goshawk yesterday ousted chief executive Chris Fagan as it made a swift move to consolidate its remaining operations around its successful Bermudan reinsurance business.
Container upstart joins the transpacific fray A NEW niche transpacific container line run under the revived United States Lines brand name is expected to start operations by the end of the year.
Maersk pledges to cover pension THE Sea-Land Services UK pension fund dispute appeared to have been resolved yesterday, with Maersk stating it would cover the shortfall, writes Rob McKay.
France rejects Clémenceau's return WITH no solution yet reached on the disposal of its aircraft carrier Clémenceau, France has made clear the ship will not be returned to France
Title XI reformed in Marad package THE US Congress will finalise, and President Bush will sign, a huge $400Bn military spending bill this week that includes $543.4M for the Maritime Administration
Tasman Spirit to end up at Gadani GADANI will be the last resting place for Polembros' broken tanker Tasman Spirit, after a court in Sindh ordered the wreck's removal on the weekend
VT sees future in Appledore VT Group, the UK military service provider formerly known as Vosper Thornycroft, has made a late bid for Appledore Shipbuilders
ISS takes control of US Gulf agency INCHCAPE Shipping Services, the marine management company, has become the sole owner of ISS RioMar, thereby strengthening its operations in the US Gulf
Busy HHI sees profits tumble HYUNDAI Heavy Industries, sitting on the largest orderbook in its 30-year history, has revealed a near-halving of third-quarter net profit
East Coast volume to grow: NYK exec Ocean shipping's low cost, U.S. economic changes will drive growth.
British Airways cargo, profit slides Earnings fell 36 percent in the second quarter as cost cutting failed to keep pace with lower cargo and passenger traffic.
WTO ruling could hurt U.S. exports The World Trade Organization declared U.S. tariffs on steel imports violate global trade rules, paving the way for swift European retaliation that threatens to reduce trans-Atlantic container shipments.
Debt reduction and rate recovery boosts NOL's turnaround APL's parent, Neptune Orient Lines (NOL), has confirmed its continued turnaround, simultaneously reporting a US$294.6million third-quarter net profit and a US$300million share placement.
House passes 2003 Maritime Act; Senate action uncertain The Maritime Transportation Act 2003 is going down to the wire, with the Senate considered unlikely to move on the bill before the upcoming recess, despite House approval.
Grand Alliance herald beginning of slack season
Brampton extends free time but ups storage fees
Going 'feral': Fremantle Truckers booking system trials will prove stevedores 'liars'
Safmarine switches ships to Belgian flag
MOL shifts Californian operations centre to Panama
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