US govt urged to review funding of security measures LARGELY unfunded US maritime security requirements have been slammed as a 'tax' on a shipping industry already 'taking an enormous financial hit' by the former chair of the US Federal Maritime Commission.
PSA still in talks with clients over contracts PSA Corporation is 'still in active negotiations' with customers over its Singapore terminal charges after an across-the-board discount package expired this month.
Sydney Ports' throughput rises 15% to new high AUSTRALIA's second busiest container port group, Sydney Ports, handled a record 1.16 million TEUs in the 2002 financial year, representing a 15 per cent rise on its last annual throughput.
M'sian ports expected to handle 10m TEUs MALAYSIA's ports are forecast to handle 10 million twenty-foot-equivalent-units this year, compared with eight million boxes last year, according to its newly-appointed Transport Minister Chan Kong Choy.
Air and Land Transport
Boeing cuts 2004 forecasts BOEING Co, the world's biggest maker of airplanes, cut its 2004 sales and earnings forecasts because a two-year decline in demand from airlines may extend longer than the company predicted.
Branson still eyeing Virgin tie-up with BMI
BA, unions plan to resume talks
Ryanair loses French airport subsidies in court ruling
Vietnam Air plans direct flights to US
Port Shots
Portshots HONGKONG International Terminals recently set a new record for vessel productivity.
US govt urged to review funding of security measures LARGELY unfunded US maritime security requirements have been slammed as a 'tax' on a shipping industry already 'taking an enormous financial hit' by the former chair of the US Federal Maritime Commission.
PSA still in talks with clients over contracts PSA Corporation is 'still in active negotiations' with customers over its Singapore terminal charges after an across-the-board discount package expired this month.
Sydney Ports' throughput rises 15% to new high AUSTRALIA's second busiest container port group, Sydney Ports, handled a record 1.16 million TEUs in the 2002 financial year, representing a 15 per cent rise on its last annual throughput.
M'sian ports expected to handle 10m TEUs MALAYSIA's ports are forecast to handle 10 million twenty-foot-equivalent-units this year, compared with eight million boxes last year, according to its newly-appointed Transport Minister Chan Kong Choy.
Air and Land Transport
Boeing cuts 2004 forecasts BOEING Co, the world's biggest maker of airplanes, cut its 2004 sales and earnings forecasts because a two-year decline in demand from airlines may extend longer than the company predicted.
Branson still eyeing Virgin tie-up with BMI
BA, unions plan to resume talks
Ryanair loses French airport subsidies in court ruling
Vietnam Air plans direct flights to US
Port Shots
Portshots HONGKONG International Terminals recently set a new record for vessel productivity.
US govt urged to review funding of security measures LARGELY unfunded US maritime security requirements have been slammed as a 'tax' on a shipping industry already 'taking an enormous financial hit' by the former chair of the US Federal Maritime Commission.
PSA still in talks with clients over contracts PSA Corporation is 'still in active negotiations' with customers over its Singapore terminal charges after an across-the-board discount package expired this month.
Sydney Ports' throughput rises 15% to new high AUSTRALIA's second busiest container port group, Sydney Ports, handled a record 1.16 million TEUs in the 2002 financial year, representing a 15 per cent rise on its last annual throughput.
M'sian ports expected to handle 10m TEUs MALAYSIA's ports are forecast to handle 10 million twenty-foot-equivalent-units this year, compared with eight million boxes last year, according to its newly-appointed Transport Minister Chan Kong Choy.
Air and Land Transport
Boeing cuts 2004 forecasts BOEING Co, the world's biggest maker of airplanes, cut its 2004 sales and earnings forecasts because a two-year decline in demand from airlines may extend longer than the company predicted.
Branson still eyeing Virgin tie-up with BMI
BA, unions plan to resume talks
Ryanair loses French airport subsidies in court ruling
Vietnam Air plans direct flights to US
Port Shots
Portshots HONGKONG International Terminals recently set a new record for vessel productivity.
US West Coast steady after yesterday's heavy losses
EIA slams talk that oil market tightness is 'hype' The Energy Information Administration (EIA), the statistical arm of the US Department of Energy, took issue in its weekly report with OPEC oil ministers and some analysts who suggest that the fundamentals tightness in the oil market and the consequent high price for oil is based on 'hype'.
Panama Canal: Prices soften amid good avails
Brazil Bunker move
Singapore edges higher, mixed sentiment prevails Suppliers appear quite mixed in there market outlook right now with some preferring to err to the side of caution.
Japanese bunkers: A new dawn for the land of the rising sun? Japanese bunkers are going to be facing some large changes soon, but how the market is specifically affected will depend on domestic refineries reactions to a shrinking market.
Brazilian market update
Italy: Improved bunkers still hampered by SAP mishap
Piracy surges says IMB Piracy against the world's shipping surged in the first half of this year, with a record 234 attacks reported and violence against seafarers escalating
Navy orders fuel barges $6.9 million order for Oregon yard
USCG considers new Inmarsat service Fleet 55 under evaluation.
Zodiac Maritime poised to give huge boost to UK flag ZODIAC Maritime Agencies is preparing to place half of its vast fleet under the UK flag in a big show of support for the revitalised national register.
Offen goes back to Hanjin Heavy for $284m four-boxship order HAMBURG shipowner Claus-Peter Offen has once again gone to South Korean shipyard Hanjin Heavy Industries for bigger boxships.
Plan for radical review of EU Customs procedures Brussels is planning a radical review of EU Customs that will slimline procedures and enforce tougher security at the community's external borders.
BP Migas deal paves way for Indonesia LNG debut in US Indonesia, the world's leading liquefied natural gas exporter, is set to make its debut in the fast growing US market.
Muppets chart new course for QE2 It was Muppet mania aboard the Queen Elizabeth 2 as some of the stars of the hit television series, including Waldorf and Statler, seen here poring over a chart, travelled from Southampton to New York aboard the Cunard ship.
Liner lobby group warns EC: Don't tamper with 'stable market' Lobby group the European Liner Affairs Association (ELAA) revealed today that it has warned the European Commission not to tamper with a reliable liner shipping market that offers stable long-term pricing.
Horizon Lines CEO: US facing freight 'gridlock' unless it can develop a 'truly' intermodal transport network Horizon Lines CEO Chuck Raymond has warned that imminent trade growth will pitch US freight into 'gridlock' unless the country 'acts decisively to build a truly intermodal transportation system'.
Offen linked to order for four new 8,100TEU vessels
Cost-cutting PSA slashes wage bill
Rotterdam to install dirty-bomb detectors
Tecon Suape diversifies to fill unwanted box capacity
Clydeport bids to steal Scapa Flow's thunder
Brazil urged to end container truck customs limbo
HK terminals make up for lost time as typhoon passes
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