Asian exports, rising rates spark demand for box ships AN expanding container trade and rising freight rates driven by robust Asian export volumes have sent the world's container shipping lines shopping for new box ships.
S'pore ports throughput up 6.3% Jan-July THE ports of Singapore handled 6.3 per cent higher throughput in the seven months through July than in the same period in 2002, according to the latest figures released by the Maritime and Port Authority of Singapore .
Gold Star, Delmas to run joint W Africa service GOLD Star Line will dissolve its Asia-West Africa alliance with French line CMA CGM and China Shipping Container Line at the end of this month in favour of a new joint service with another French carrier, Delmas.
Teekay to buy stake in IM Skaugen oil tanker unit TEEKAY Shipping Corp, the world's biggest owner of mid-sized oil tankers, will buy half of Norway's IM Skaugen ASA's Petrotrans unit, which handles about 15 per cent of all crude oil shipped into US ports.
Maersk sells tanker to Tsakos Group AP Moeller-Maersk, the world's biggest container shipper, has sold one of its 2 million-barrel oil tankers to Athens-based Tsakos Group, a spokeswoman said late last week. 15/09/03
Nature's fury DOWNED cranes litter the dockside in the aftermath of Typhoon Maemi at the sea port at Busan.
Air and Land Transport
Australia seeking alternate routes to avoid Sars threat AUSTRALIA is talking with major airlines and the Singapore government about changing routes this northern winter to avoid an industry crisis in the event of another Severe Acute Respiratory Syndrome outbreak, the tourism minister said yesterday.
Call for Aussie airport security review
US scrutinising airline promo practices
Indonesia's DI in talks to get more orders
UPS spreading its wings in Malaysia, Thailand
Shanghai Airlines orders five Boeing 757-200s
Liner Scene
Back to the future in box trades A GOOD few column centimetres have filled with discussion about the future of transshipment in the past couple of weeks.
Asian exports, rising rates spark demand for box ships AN expanding container trade and rising freight rates driven by robust Asian export volumes have sent the world's container shipping lines shopping for new box ships.
S'pore ports throughput up 6.3% Jan-July THE ports of Singapore handled 6.3 per cent higher throughput in the seven months through July than in the same period in 2002, according to the latest figures released by the Maritime and Port Authority of Singapore .
Gold Star, Delmas to run joint W Africa service GOLD Star Line will dissolve its Asia-West Africa alliance with French line CMA CGM and China Shipping Container Line at the end of this month in favour of a new joint service with another French carrier, Delmas.
Teekay to buy stake in IM Skaugen oil tanker unit TEEKAY Shipping Corp, the world's biggest owner of mid-sized oil tankers, will buy half of Norway's IM Skaugen ASA's Petrotrans unit, which handles about 15 per cent of all crude oil shipped into US ports.
Maersk sells tanker to Tsakos Group AP Moeller-Maersk, the world's biggest container shipper, has sold one of its 2 million-barrel oil tankers to Athens-based Tsakos Group, a spokeswoman said late last week. 15/09/03
Nature's fury DOWNED cranes litter the dockside in the aftermath of Typhoon Maemi at the sea port at Busan.
Air and Land Transport
Australia seeking alternate routes to avoid Sars threat AUSTRALIA is talking with major airlines and the Singapore government about changing routes this northern winter to avoid an industry crisis in the event of another Severe Acute Respiratory Syndrome outbreak, the tourism minister said yesterday.
Call for Aussie airport security review
US scrutinising airline promo practices
Indonesia's DI in talks to get more orders
UPS spreading its wings in Malaysia, Thailand
Shanghai Airlines orders five Boeing 757-200s
Liner Scene
Back to the future in box trades A GOOD few column centimetres have filled with discussion about the future of transshipment in the past couple of weeks.
Asian exports, rising rates spark demand for box ships AN expanding container trade and rising freight rates driven by robust Asian export volumes have sent the world's container shipping lines shopping for new box ships.
S'pore ports throughput up 6.3% Jan-July THE ports of Singapore handled 6.3 per cent higher throughput in the seven months through July than in the same period in 2002, according to the latest figures released by the Maritime and Port Authority of Singapore .
Gold Star, Delmas to run joint W Africa service GOLD Star Line will dissolve its Asia-West Africa alliance with French line CMA CGM and China Shipping Container Line at the end of this month in favour of a new joint service with another French carrier, Delmas.
Teekay to buy stake in IM Skaugen oil tanker unit TEEKAY Shipping Corp, the world's biggest owner of mid-sized oil tankers, will buy half of Norway's IM Skaugen ASA's Petrotrans unit, which handles about 15 per cent of all crude oil shipped into US ports.
Maersk sells tanker to Tsakos Group AP Moeller-Maersk, the world's biggest container shipper, has sold one of its 2 million-barrel oil tankers to Athens-based Tsakos Group, a spokeswoman said late last week. 15/09/03
Nature's fury DOWNED cranes litter the dockside in the aftermath of Typhoon Maemi at the sea port at Busan.
Air and Land Transport
Australia seeking alternate routes to avoid Sars threat AUSTRALIA is talking with major airlines and the Singapore government about changing routes this northern winter to avoid an industry crisis in the event of another Severe Acute Respiratory Syndrome outbreak, the tourism minister said yesterday.
Call for Aussie airport security review
US scrutinising airline promo practices
Indonesia's DI in talks to get more orders
UPS spreading its wings in Malaysia, Thailand
Shanghai Airlines orders five Boeing 757-200s
Liner Scene
Back to the future in box trades A GOOD few column centimetres have filled with discussion about the future of transshipment in the past couple of weeks.
Crude falls to 4-month low Unless crude stages a big recovery later in the day or rebounds in ACCESS trading over the weekend, the scene is set for softening bunker prices as trade resumes in Asia and Europe on Monday morning.
Singapore: July bunker sales hit year-low, August better? With suppliers reporting an upswing in bunker demand towards the end of August as well as Singapore becoming more competitively priced, we may expect a bigger turnover figure when the next MPA statistics come out.
Bulgaria: Concern for supply as refinery will close for Q4 The 160,000 barrels per day Bourgas refinery in Bulgaria, the largest refinery in the Balkans, is set to close from the beginning of October until the end of the year for upgrading and maintenance work.
African markets review
California: Hearings go well for urgency Bunker Tax Bill The hearing of Senate Bill 808 (SB 808), which seeks to reinstate Bunker Sales tax exemption in California, achieved unanimous support during the two required hearings that took place on September 10th. If SB 808 gets the required majority on the Assembly and Senate floors, it could be on the Californian Governor's desk already on Monday. Due to its urgency status, it will come into force immediately if the Governor signs it.
Statoil charged in corruption probe over Iranian deal POLICE in Norway have raided the Stavanger offices of partially privatised state oil firm Statoil in a corruption probe into its dealings with an Iranian consultant.
New service and fresh look for Lloyd's List LLOYD'S List today passes another milestone in its 269-year history, with the launch of our shipping movements information on the paper's website, writes editor Julian Bray.
World Shipping Council urges container security mandates THE World Shipping Council, the Washington-based lobbying group for the international liner industry, has launched a push for new mandates on in-transit container security that it believes could improve the safety of the maritime container trade swiftly and economically.
Maersk red faced after ABC exposé AS WIDELY billed, there were red faces all round after the ABC news special on maritime security aired on US TV last Thursday night, writes John McLaughlin in New York.
Shippers, carriers boost box seals Trade groups propose container seals as short-term alternative to expensive security technology.
Canadian National could bar import boxes from key intermodal terminal The railway is threatening to close its busiest Canadian terminal in an attempt to force shippers and steamship companies to accept their shipments on weekends.
Rail funding a security issue: Study A terrorist attack that shuts down rail lines serving the Los Angeles-Long Beach port complex would cost the U.S. economy $414 million a day.
Sealand Express going nowhere as latest flotation attempt fails Attempts this morning to dislodge the Sealand Express, which beached outside Cape Town harbour two weeks ago, have failed yet again, prompting the evacuation of other ships from the area.
Lines pay FMC $1.3m in settlement for NVOCC complaint
CN opens Winnipeg intermodal terminal
Cosco-HIT Hong Kong traffic down for the fourth month
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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