Shenzhen ports set to face serious congestion A severe bottleneck is looming in the coming months at already-stretched container terminals in China's second busiest port city, Shenzhen, APL's China head has warned.
PSA Marine expanding at home, abroad to meet expected demand PSA Corporation has quietly been building up its marine services division both at home and overseas in anticipation of heavy demand, its recently released annual report revealed.
Stolt-Nielsen under probe by US govt: report THE United States has opened a criminal investigation into shipping giant Stolt-Nielsen SA for allegedly breaking US trade embargoes, the Wall Street Journal said on Tuesday.
Star Cruises reports Q1 loss of US$2.2m STAR Cruises Ltd, the world's fourth largest cruise line operator, had a loss in the first quarter, hurt by higher fuel costs, and as the outbreak of Severe Acute Respiratory Syndrome led to cancellations.
Air and Land Transport
Airlines band together to design, buy identical planes IN an effort to negotiate lower prices from aircraft manufacturers, airlines around the globe are teaming up to design and purchase identical planes.
Dubai, S'pore airports top world rankings
US homeland security to focus on improving screening of air cargo
THAI seeks way to reduce costs on Bangkok-US routes
Shenzhen ports set to face serious congestion A severe bottleneck is looming in the coming months at already-stretched container terminals in China's second busiest port city, Shenzhen, APL's China head has warned.
PSA Marine expanding at home, abroad to meet expected demand PSA Corporation has quietly been building up its marine services division both at home and overseas in anticipation of heavy demand, its recently released annual report revealed.
Stolt-Nielsen under probe by US govt: report THE United States has opened a criminal investigation into shipping giant Stolt-Nielsen SA for allegedly breaking US trade embargoes, the Wall Street Journal said on Tuesday.
Star Cruises reports Q1 loss of US$2.2m STAR Cruises Ltd, the world's fourth largest cruise line operator, had a loss in the first quarter, hurt by higher fuel costs, and as the outbreak of Severe Acute Respiratory Syndrome led to cancellations.
Air and Land Transport
Airlines band together to design, buy identical planes IN an effort to negotiate lower prices from aircraft manufacturers, airlines around the globe are teaming up to design and purchase identical planes.
Dubai, S'pore airports top world rankings
US homeland security to focus on improving screening of air cargo
THAI seeks way to reduce costs on Bangkok-US routes
Stolt issues statement on WSJ story The Stolt-Nielsen Transportation Group (SNTG), a wholly-owned subsidiary of Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI), has commented on recent press reports regarding investigations in the U.S. regarding business dealings with Sudan and Iran.
Massive export financing for Masa-Yards A Finnish state owned company is prepared to provide Masa-Yards with export credit guarantee commitments for a potential of $1.5 billion.
Industry giants gear up for '1.5bn MoD fleet overhaul SHIPOWNERS, shipbuilders and marine equipment suppliers are preparing to bid for a UK government contract that could dwarf the Ministry of Defence's recent order for ro-ro ships.
Benty crew released after being forced into mercy mission by Liberian soldiers A CARGOSHIP and its crew that were seized by Liberian soldiers fleeing a rebel uprising have been released.
Cruise firms avoid Morocco after bomb blast CRUISE companies with port calls in Morocco have been changing their itineraries this week following the bomb attacks in Casablanca last Friday that killed 29 people.
Lines predict a strong year for transpacific trade SHIPPING lines on the transpacific trade have been broadly successful in recent contract rate negotiations and are predicting a strong year ahead.
Greenspan speaks out on LNG problem facing US US Federal Reserve Board chairman Alan Greenspan (above) yesterday threw the spotlight on the nation's limited ability to import LNG in the face of tight supplies and the increasing price of natural gas, writes Tony Gray.
Evergreen declares force majeure A week-long protest by the International Longshoremen's Association has idled the carrier's Port Newark operations in the Port of New York and New Jersey.
DHL Airways sold to investor group DHL Worldwide Express sells to a group led by John Dasburg, chairman and chief executive of the airline, for $57 million.
TSA restores Operation Safe Commerce funding
Bureau of Immigration and Customs Enforcement reorganizes
Union deal clears Matson ship buy
Make current box security regime work, APL exec advises trade
Nissim named editor of The Florida Shipper
FMC discusses TSA rate case again
Strike hits India port operations
Expeditors sees strong ocean, air business in April
Democrats vent anger at Bush Administration's lack of commitment to maritime security Despite fierce protests by Democratic officials, the Transportation Security Administration (TSA) is at the point of shutting down Operation Safe Commerce (OSC) by diverting the US$58 million dedicated to it elsewhere.
Booming demand defies charterer's expectations Even upbeat brokers are expressing surprise at the speed of the recovery of the charter market with Howe Robinson reporting a 26-point increase in its charter index today.
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