Qingdao port aims to be N Asia's transhipment hub FRESH from securing nearly US$1 billion in investment from some of the world's top shipping names, the largest port in the Chinese city of Qingdao reckons it's ready to take on the busiest and biggest in the region.
Modern Terminals in joint bid for massive Yangshan project HONG Kong's Modern Terminals and China Shipping Terminal Development have joined forces in a bid to invest in China's massive deepwater container port of Yangshan.
Prestige oil spill's damage likely to exceed Valdez's THE damage caused by the oil slick from the Prestige tanker which sank off Spain last year is likely to exceed that of the Exxon Valdez disaster, according to a report released on Monday which criticised the Spanish government's handling of the catastrophe.
Air and Land Transport
Air NZ cost cutting won't deter budget airlines COST cutting by Air New Zealand was not enough to deter budget airlines and might in fact encourage carriers like Virgin Blue, the market regulating Commerce Commission was told here yesterday.
SriLankan Airlines reports US$15m group profit
BA 'not actively seeking' stake in Swiss Air
Air France in talks to take control of KLM: report
Austrian Airlines' July traffic up
EVA sets up cargo centre in Brussels
Strait Talk
In defence of open registers THERE were some contrasting messages being broadcast last week about the crisis in Liberia.
Qingdao port aims to be N Asia's transhipment hub FRESH from securing nearly US$1 billion in investment from some of the world's top shipping names, the largest port in the Chinese city of Qingdao reckons it's ready to take on the busiest and biggest in the region.
Modern Terminals in joint bid for massive Yangshan project HONG Kong's Modern Terminals and China Shipping Terminal Development have joined forces in a bid to invest in China's massive deepwater container port of Yangshan.
Prestige oil spill's damage likely to exceed Valdez's THE damage caused by the oil slick from the Prestige tanker which sank off Spain last year is likely to exceed that of the Exxon Valdez disaster, according to a report released on Monday which criticised the Spanish government's handling of the catastrophe.
Air and Land Transport
Air NZ cost cutting won't deter budget airlines COST cutting by Air New Zealand was not enough to deter budget airlines and might in fact encourage carriers like Virgin Blue, the market regulating Commerce Commission was told here yesterday.
SriLankan Airlines reports US$15m group profit
BA 'not actively seeking' stake in Swiss Air
Air France in talks to take control of KLM: report
Austrian Airlines' July traffic up
EVA sets up cargo centre in Brussels
Strait Talk
In defence of open registers THERE were some contrasting messages being broadcast last week about the crisis in Liberia.
Qingdao port aims to be N Asia's transhipment hub FRESH from securing nearly US$1 billion in investment from some of the world's top shipping names, the largest port in the Chinese city of Qingdao reckons it's ready to take on the busiest and biggest in the region.
Modern Terminals in joint bid for massive Yangshan project HONG Kong's Modern Terminals and China Shipping Terminal Development have joined forces in a bid to invest in China's massive deepwater container port of Yangshan.
Prestige oil spill's damage likely to exceed Valdez's THE damage caused by the oil slick from the Prestige tanker which sank off Spain last year is likely to exceed that of the Exxon Valdez disaster, according to a report released on Monday which criticised the Spanish government's handling of the catastrophe.
Air and Land Transport
Air NZ cost cutting won't deter budget airlines COST cutting by Air New Zealand was not enough to deter budget airlines and might in fact encourage carriers like Virgin Blue, the market regulating Commerce Commission was told here yesterday.
SriLankan Airlines reports US$15m group profit
BA 'not actively seeking' stake in Swiss Air
Air France in talks to take control of KLM: report
Austrian Airlines' July traffic up
EVA sets up cargo centre in Brussels
Strait Talk
In defence of open registers THERE were some contrasting messages being broadcast last week about the crisis in Liberia.
Panama: Mediocre demand despite low prices Indications in Panama are still riding below those in the US Gulf at the moment, but only just. The gap is closing and Panama's suppliers are hoping that differentials will soon be back to normal levels.
Uruguay: One holiday, one strike day next week
Fujairah numbers fall - for the moment
Virtually no demand in Istanbul
Crude little changed as fund selling outweighs headlines Fund selling outweighed several bullish headlines in the market last night.
Suez: Improved supply brings gasoil prices down Hefty drops in the gasoil market have been prompted by improved supply for this grade. The average gasoil price now stands around $15 lower than this time last week.
Soros fund tipped to buy Inmarsat in $1.5bn deal 'Imminent' sale will see US company and its partner Apollo Advisors fend off UK rivals Apax and Permira, writes Neville Smith
Containership orders hit all time high RECORDS were comprehensively smashed last month with containership newbuilding orders almost double the previous all-time high.
Europe's waterways hit a new low SHIPPING on Europe's inland waterways continued to suffer from low water levels, despite the rainfall earlier this week.
UK trade imbalance leads to surcharge ASIAN shippers exporting merchandise to the UK are having to pay a premium to cover Britain's massive trade imbalance, writes Janet Porter.
James Fisher hooks Storey for board LEADING marine service provider James Fisher has strengthened its board with the prestige appointment of Maurice Storey, the former chief executive of the UK's Maritime and Coastguard Agency, writes Tony Gray.
Premium cuts to mean more Yemen calls YEMEN is set to win back more tanker traffic after a London insurance initiative cut premiums for the second time.
DOT wants maritime upgrade: Official A senior Transportation Department official said the agency remains interested in a plan to improve the country's "aging maritime infrastructure."
NVO to file petition in UPS dispute Ocean World Lines seeks "middle ground" in Federal Maritime Commission dispute over NVO contracts.
Record boxes for Port of Hamburg Container volume surged 14.9 percent, and all cargo by 7.2 percent, during the first six months of the year.
Canadian forwarders demand government negotiates exemption from US reporting regulations Canadian freight forwarders have demanded government action against third country trade information being made publicly available in the US claiming that it 'compromises the competitiveness' of Canadian exports.
Maersk ship runs aground outside Cape Town The 2,744TEU Sealand Express has run aground after dragging its anchor in heavy seas in Table Bay, near Cape Town, at 06.30 this morning.
Contship claims Eastabout RTW is back on track
CEC 'logic' leads to West Africa feeder
Paranagua bids to comply with US security regulations
US Rail network returning to normal following power blackout
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