Yang Ming, shipping lines face higher war insurance YANG Ming Marine Transport Corp, Nippon Yusen KK and other shipping companies face higher insurance costs and may suspend services to ports in the Middle East because of the United States-led attack on Iraq.
Asia freight rates seen easing from 7-year highs WITH crude oil prices tumbling after the United States launched an attack on Iraq, Asian brokers yesterday were cautiously optimistic of a turnaround in runaway panamax dry bulk rates on expectations of more tonnage supplies.
Gulf oil moves smoothly amid war: shippers LEADING shippers of the Gulf's vast oil supplies said their tankers were operating normally yesterday as the United States began an air bombardment of Iraq.
Shipping lanes in the Gulf remain open: report INITIAL reports from US naval forces indicated no signs of disruption to shipping lanes in the Gulf or in the Strait of Hormuz following the start of the US-led war against Iraq, The Wall Street Journal reported yesterday.
S'pore airport, sea port win awards SINGAPORE's airport and sea port have again been voted the best in Asia, at the inaugural Asian Freight & Supply Chain Awards 2003 held here on Wednesday.
Freighter aground on Greek beach GEORGIAN-flagged freighter Moro II stranded on a beach near Kiato, Peloponeese due to the extreme strong winds in the area, on Monday.
Air and Land Transport
Logistics FTZ boosts Changi as cargo hub IN a bid to remain the region's leading logistics and air cargo hub Singapore officially opened its logistics free trade zone adjacent to Changi Airport yesterday.
Two new suspected cases of killer flu in Vietnam
Asian airlines to raise fares, cut flights as bookings fall
Cuban plane hijacked to Florida
FedEx Q3 net profit up 23% on greater ground shipments
Air traffic control body gets 130m
Admiralty Casebook
HK court practical in payouts from judicial sale proceeds TWO recent unreported admiralty judgments in Hong Kong have been cited by an international law firm as examples of the willingness of the Hong Kong Admiralty Court to adopt a commercial approach in paying out from proceeds of a judicial sale of a vessel.
Yang Ming, shipping lines face higher war insurance YANG Ming Marine Transport Corp, Nippon Yusen KK and other shipping companies face higher insurance costs and may suspend services to ports in the Middle East because of the United States-led attack on Iraq.
Asia freight rates seen easing from 7-year highs WITH crude oil prices tumbling after the United States launched an attack on Iraq, Asian brokers yesterday were cautiously optimistic of a turnaround in runaway panamax dry bulk rates on expectations of more tonnage supplies.
Gulf oil moves smoothly amid war: shippers LEADING shippers of the Gulf's vast oil supplies said their tankers were operating normally yesterday as the United States began an air bombardment of Iraq.
Shipping lanes in the Gulf remain open: report INITIAL reports from US naval forces indicated no signs of disruption to shipping lanes in the Gulf or in the Strait of Hormuz following the start of the US-led war against Iraq, The Wall Street Journal reported yesterday.
S'pore airport, sea port win awards SINGAPORE's airport and sea port have again been voted the best in Asia, at the inaugural Asian Freight & Supply Chain Awards 2003 held here on Wednesday.
Freighter aground on Greek beach GEORGIAN-flagged freighter Moro II stranded on a beach near Kiato, Peloponeese due to the extreme strong winds in the area, on Monday.
Air and Land Transport
Logistics FTZ boosts Changi as cargo hub IN a bid to remain the region's leading logistics and air cargo hub Singapore officially opened its logistics free trade zone adjacent to Changi Airport yesterday.
Two new suspected cases of killer flu in Vietnam
Asian airlines to raise fares, cut flights as bookings fall
Cuban plane hijacked to Florida
FedEx Q3 net profit up 23% on greater ground shipments
Air traffic control body gets 130m
Admiralty Casebook
HK court practical in payouts from judicial sale proceeds TWO recent unreported admiralty judgments in Hong Kong have been cited by an international law firm as examples of the willingness of the Hong Kong Admiralty Court to adopt a commercial approach in paying out from proceeds of a judicial sale of a vessel.
Yang Ming, shipping lines face higher war insurance YANG Ming Marine Transport Corp, Nippon Yusen KK and other shipping companies face higher insurance costs and may suspend services to ports in the Middle East because of the United States-led attack on Iraq.
Asia freight rates seen easing from 7-year highs WITH crude oil prices tumbling after the United States launched an attack on Iraq, Asian brokers yesterday were cautiously optimistic of a turnaround in runaway panamax dry bulk rates on expectations of more tonnage supplies.
Gulf oil moves smoothly amid war: shippers LEADING shippers of the Gulf's vast oil supplies said their tankers were operating normally yesterday as the United States began an air bombardment of Iraq.
Shipping lanes in the Gulf remain open: report INITIAL reports from US naval forces indicated no signs of disruption to shipping lanes in the Gulf or in the Strait of Hormuz following the start of the US-led war against Iraq, The Wall Street Journal reported yesterday.
S'pore airport, sea port win awards SINGAPORE's airport and sea port have again been voted the best in Asia, at the inaugural Asian Freight & Supply Chain Awards 2003 held here on Wednesday.
Freighter aground on Greek beach GEORGIAN-flagged freighter Moro II stranded on a beach near Kiato, Peloponeese due to the extreme strong winds in the area, on Monday.
Air and Land Transport
Logistics FTZ boosts Changi as cargo hub IN a bid to remain the region's leading logistics and air cargo hub Singapore officially opened its logistics free trade zone adjacent to Changi Airport yesterday.
Two new suspected cases of killer flu in Vietnam
Asian airlines to raise fares, cut flights as bookings fall
Cuban plane hijacked to Florida
FedEx Q3 net profit up 23% on greater ground shipments
Air traffic control body gets 130m
Admiralty Casebook
HK court practical in payouts from judicial sale proceeds TWO recent unreported admiralty judgments in Hong Kong have been cited by an international law firm as examples of the willingness of the Hong Kong Admiralty Court to adopt a commercial approach in paying out from proceeds of a judicial sale of a vessel.
US warning: Navy will attack any 'hostile' ship ON DAY one of the new war against Saddam Hussein's Iraqi regime, the US yesterday said its naval forces will destroy any ship in the Middle East suspected of "hostile intent", irrespective of flag.
Business as usual but the warning signs start to show DAY one of war in the Gulf saw little disruption of merchant shipping activities, although there were a number of pointers to possible problems further down the line, writes David Osler.
Underwriters avoid knee-jerk response with war risk rates UNDERWRITERS at Lloyd's and in the London and European companies market pushed up hull war rates and tightened cargo terms, but were said to have given a generally measured response to the crisis.
Spain hires US firm to sue ABS over Prestige THE Spanish government has engaged leading US maritime law firm Haight Gardner Holland & Knight to sue ABS over the Prestigedisaster, according to reliable shipping industry sources. They added that suit was likely to be filed in federal court in the Southern District of New York.
Solid Feb. for West Coast cargo Double-digit growth for imports at Pacific Northwest ports despite Chinese holiday.
MSC's Arena calls for long-term deals The head of Mediterranean Shipping Co.'s U.S. operations offered a proposal to soothe the bitterness of annual contract talks between shippers and carriers.
Customs will keep 24-rule at 24 hours The Trade Act of 2002 will enable Customs to refine the way it collects data on ocean cargo, but it won't change the timeframe for carriers to file that data, a top official says.
Europe's dockers plan further targeting of lines European dockers will take focused action against companies that use seafarers to carry out 'dockers' work' if the liberalising EU Ports Package is implemented, a union official warned today.
Spurned POP moves on two new targets in Mumbai Port P&O Ports (POP), barred from bidding for the second container terminal at Nhava Sheva, is pushing ahead with two other potential projects in nearby Mumbai Port.
US Customs to review 24-hour requirement
Rotterdam port community gets US regulation clarification
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