Evidence shows Prestige structurally sound: ABS THE American Bureau of Shipping says the first piece of steel recovered from the wreck of the Prestige 'strongly refutes' Spanish allegations that the vessel was in poor structural condition before sinking off the coast of Spain in November 2002.
Russia to back EU moves to ban single-hulled tankers IN an apparent about-face, Russian officials have said they will support moves by the European Union to ban all single-hulled tankers by the end of the decade.
P&O to cut ferry capacity on Dover-Calais route BRITAIN's Peninsular and Oriental Steam Navigation , feeling the heat from Europe's low cost airlines, is to cut capacity on its Dover-Calais ferry route that will result in 525 job losses, as it attempts to cope with tough trading conditions.
Auckland's container volumes up PORTS of Auckland Ltd, New Zealand's largest port, said it handled 13 per cent more containers in October than the year-earlier month.
Air and Land Transport
Air NZ to join Qantas to appeal ban on alliance AIR New Zealand said yesterday that it would join Australian counterpart Qantas in lodging an appeal against the New Zealand competition regulator's decision to block the two airlines from forming an alliance.
Emirates seeks larger Boeing 7E7 jet
Airline to fly to 6 new destinations next year
Lufthansa Cargo planning rate cuts
HK airport ready for privatisation in 18-24 mths
Qantas employee gets Iata security award
Admiralty Casebook
Broker can sue shipowner directly for commission A BROKER that acted for a shipowner was entitled to sue the owner directly for its commission although it was not a party to the charterparties that included the commission agreement, an English court ruled earlier this month.
Evidence shows Prestige structurally sound: ABS THE American Bureau of Shipping says the first piece of steel recovered from the wreck of the Prestige 'strongly refutes' Spanish allegations that the vessel was in poor structural condition before sinking off the coast of Spain in November 2002.
Russia to back EU moves to ban single-hulled tankers IN an apparent about-face, Russian officials have said they will support moves by the European Union to ban all single-hulled tankers by the end of the decade.
P&O to cut ferry capacity on Dover-Calais route BRITAIN's Peninsular and Oriental Steam Navigation , feeling the heat from Europe's low cost airlines, is to cut capacity on its Dover-Calais ferry route that will result in 525 job losses, as it attempts to cope with tough trading conditions.
Auckland's container volumes up PORTS of Auckland Ltd, New Zealand's largest port, said it handled 13 per cent more containers in October than the year-earlier month.
Air and Land Transport
Air NZ to join Qantas to appeal ban on alliance AIR New Zealand said yesterday that it would join Australian counterpart Qantas in lodging an appeal against the New Zealand competition regulator's decision to block the two airlines from forming an alliance.
Emirates seeks larger Boeing 7E7 jet
Airline to fly to 6 new destinations next year
Lufthansa Cargo planning rate cuts
HK airport ready for privatisation in 18-24 mths
Qantas employee gets Iata security award
Admiralty Casebook
Broker can sue shipowner directly for commission A BROKER that acted for a shipowner was entitled to sue the owner directly for its commission although it was not a party to the charterparties that included the commission agreement, an English court ruled earlier this month.
Evidence shows Prestige structurally sound: ABS THE American Bureau of Shipping says the first piece of steel recovered from the wreck of the Prestige 'strongly refutes' Spanish allegations that the vessel was in poor structural condition before sinking off the coast of Spain in November 2002.
Russia to back EU moves to ban single-hulled tankers IN an apparent about-face, Russian officials have said they will support moves by the European Union to ban all single-hulled tankers by the end of the decade.
P&O to cut ferry capacity on Dover-Calais route BRITAIN's Peninsular and Oriental Steam Navigation , feeling the heat from Europe's low cost airlines, is to cut capacity on its Dover-Calais ferry route that will result in 525 job losses, as it attempts to cope with tough trading conditions.
Auckland's container volumes up PORTS of Auckland Ltd, New Zealand's largest port, said it handled 13 per cent more containers in October than the year-earlier month.
Air and Land Transport
Air NZ to join Qantas to appeal ban on alliance AIR New Zealand said yesterday that it would join Australian counterpart Qantas in lodging an appeal against the New Zealand competition regulator's decision to block the two airlines from forming an alliance.
Emirates seeks larger Boeing 7E7 jet
Airline to fly to 6 new destinations next year
Lufthansa Cargo planning rate cuts
HK airport ready for privatisation in 18-24 mths
Qantas employee gets Iata security award
Admiralty Casebook
Broker can sue shipowner directly for commission A BROKER that acted for a shipowner was entitled to sue the owner directly for its commission although it was not a party to the charterparties that included the commission agreement, an English court ruled earlier this month.
Singapore bunkers fall, then rise with crude The high volatility in the crude market has made its mark on the Singapore bunker market this week. Many sellers raised their bunker numbers in the evening compared to earlier today.
Singapore fuel oil outlook bearish as Chinese buyers stay away Even a weekly draw in stocks is not enough to turn around the bearish feel in Singapore's fuel oil market, as recent Chinese import data show volumes coming from Singapore are shrinking. With slack bunker demand in November and more incoming cargoes, stocks are expected to rise again soon.
Still no relief in sight for tight Japan
Rotterdam slightly softer, prompt product tight
Italy stability
Istanbul bomb blast shakes market but supply goes on Crude prices, which were weaker overnight and early this morning, rebounded on news of the blasts, adding a higher 'security premium' and also raising speculation that shipping movements through the busy Bosphorus straits may be disrupted. One of the bombs went off very close to local bunker supplier Baytur's office.
New bunker team member for A/S Dan-Bunkering
DOE data inspection makes crude price look too high Although the US Department of Energy (DOE) prefers to look at current stocks compared to the 5-year average to get a good impression of fundamentals, the year-on-year picture can be quite revealing too, at least if we compare year-on-year US oil stock levels with crude prices at the same time last year.
EC port services directive ditched EUROPE'S ports fear a legal broadside from Brussels as the commission's controversial port services directive was narrowly defeated at a final vote of the European Parliament yesterday.
Industry reaction to result of vote It is a missed opportunity for the shipping industry.
Nominate the best for a Lloyd's List Award NOMINATIONS are now open to all our readers for your choice to honour outstanding achievement in shipping over the past year in the prestigious Lloyd's List Awards 2004.
Reinsurers get ratings warning AILING global reinsurers face mounting reserve charges and further credit rating downgrades, warned Standard and Poor's sector chief as rival agency Fitch yesterday cut French reinsurer SCOR's grading to junk status.
MEPs kill EU ports directive THE European Ports Directive was today narrowly rejected by MEPs by 229 votes to 209, with 16 abstentions. The ports directive, which has met widespread opposition from port workers, aimed to liberalise marine services within European ports
Have your say! TODAY'S rejection of the European Ports Directive was good news for the ITF but what does it mean for competition laws and efficiency?
Starship captain arrested in Seville THE captain of the Starship K was yesterday detained at the Spanish port of Seville for having 11 illegal crewmembers
Costa trumpets Spanish market Costa Crociere's chairman trumpeted Spain's cruise market prospects at the launch of the Costa Fortuna, Europe's largest new cruise ship, in Barcelona yesterday
UK ports happy with EU vote THE UK Major Ports Group, which represents the biggest ports, is "very pleased" that the European Ports Services Directive has been turned down
Ship arrested twice in Dublin ALLEGED non-payment of crew wages amounting to over $20,000 has resulted in the 5,657dwt Unique being arrested for the second time in two weeks at Dublin
UPDATE: Ports directive rejected, debate continues Defeat for the Ports Directive today ended the official debate, but interested parties nevertheless issued a flurry of opposing statements.
Korean shippers urged to secure ships on long-term contracts In the face of a booming shipping market, S.Korean shippers are being urged to secure capacity through long-term contracts.
MSC adds northbound Brazilian service
Lloyd Triestino launches China-Black Sea service
Senator Lines signs South American deal with MSC
Volume increases boost CSAV profits
Columbia River project receives limited funding
New Terminal at Charleston Naval Base
Shanghai benefits from pre-Christmas rush
Network Rail announces increased costs but reduced debt
Canadian Pacific Railway announces executive changes
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