APL rates up 13% in July NEPTUNE Orient Lines container arm APL has backed up projections of a 'significantly better' second half by showing a 13 per cent improvement in its average July freight rates over its already 17 per cent better first half average.
Rotterdam port posts 13% growth in S'pore trade EUROPE's busiest port, Rotterdam, enjoyed a surge in Asia volumes last year, including 13 per cent growth in Singapore trade, but warned increasing direct shipments could erode the importance of transhipment hubs in this region.
Greek oil tanker sinks deeper, leaks more crude into sea A Greek oil tanker grounded outside Pakistan's premier port of Karachi since last month, spilled more crude after tilting further and sinking deeper into the sea, a senior official said.
Air and Land Transport
SIA unlikely to be local rival: Qantas SINGAPORE Airlines, Asia's largest airline by market value, probably won't become a domestic rival for Qantas Airways and Virgin Blue in Australia, where Qantas is considering starting a low-fare carrier, Qantas managing director Geoff Dixon says.
Airbus aims for 50% market share in China
Boeing may lease or sell 30 planes to Russia by end '04
Vietnam Air spreads its wings
SALE sees 5-10% rise in aircraft leasing rates
Dockyard
A cheap way to curb corrosion in double-hull tankers WHILE US and European politicians appear to believe that the complete answer to the threat of accidental pollution from tankers is the banning of single-hull vessels, the shipping industry is now having to learn with the problems posed by double-hull ships.
APL rates up 13% in July NEPTUNE Orient Lines container arm APL has backed up projections of a 'significantly better' second half by showing a 13 per cent improvement in its average July freight rates over its already 17 per cent better first half average.
Rotterdam port posts 13% growth in S'pore trade EUROPE's busiest port, Rotterdam, enjoyed a surge in Asia volumes last year, including 13 per cent growth in Singapore trade, but warned increasing direct shipments could erode the importance of transhipment hubs in this region.
Greek oil tanker sinks deeper, leaks more crude into sea A Greek oil tanker grounded outside Pakistan's premier port of Karachi since last month, spilled more crude after tilting further and sinking deeper into the sea, a senior official said.
Air and Land Transport
SIA unlikely to be local rival: Qantas SINGAPORE Airlines, Asia's largest airline by market value, probably won't become a domestic rival for Qantas Airways and Virgin Blue in Australia, where Qantas is considering starting a low-fare carrier, Qantas managing director Geoff Dixon says.
Airbus aims for 50% market share in China
Boeing may lease or sell 30 planes to Russia by end '04
Vietnam Air spreads its wings
SALE sees 5-10% rise in aircraft leasing rates
Dockyard
A cheap way to curb corrosion in double-hull tankers WHILE US and European politicians appear to believe that the complete answer to the threat of accidental pollution from tankers is the banning of single-hull vessels, the shipping industry is now having to learn with the problems posed by double-hull ships.
APL rates up 13% in July NEPTUNE Orient Lines container arm APL has backed up projections of a 'significantly better' second half by showing a 13 per cent improvement in its average July freight rates over its already 17 per cent better first half average.
Rotterdam port posts 13% growth in S'pore trade EUROPE's busiest port, Rotterdam, enjoyed a surge in Asia volumes last year, including 13 per cent growth in Singapore trade, but warned increasing direct shipments could erode the importance of transhipment hubs in this region.
Greek oil tanker sinks deeper, leaks more crude into sea A Greek oil tanker grounded outside Pakistan's premier port of Karachi since last month, spilled more crude after tilting further and sinking deeper into the sea, a senior official said.
Air and Land Transport
SIA unlikely to be local rival: Qantas SINGAPORE Airlines, Asia's largest airline by market value, probably won't become a domestic rival for Qantas Airways and Virgin Blue in Australia, where Qantas is considering starting a low-fare carrier, Qantas managing director Geoff Dixon says.
Airbus aims for 50% market share in China
Boeing may lease or sell 30 planes to Russia by end '04
Vietnam Air spreads its wings
SALE sees 5-10% rise in aircraft leasing rates
Dockyard
A cheap way to curb corrosion in double-hull tankers WHILE US and European politicians appear to believe that the complete answer to the threat of accidental pollution from tankers is the banning of single-hull vessels, the shipping industry is now having to learn with the problems posed by double-hull ships.
South Africa: Fuel salvage operations begin on grounded vessel
Firming markets spur demand in Gibraltar and Canaries
Venezuela: Bunker deliveries resume at Puerto Cabello
African market snapshots
Iraq's northern pipeline could reopen in 1-2 weeks
OPEC to discuss quota redistribution
Clocks reset for OPEC price band mechanism Without the Tuesday blip below $28, yesterday would have been the 15th day above the ceiling, with only 5 trading days to go before OPEC should in theory consider boosting output.
Crude steady to soft after gasoline fuelled rally The last two days of gains have by and large been attributed to Wednesday's US inventory figures, which showed an unexpected draw in crude stocks at the same time as gasoline stock fell to the lowest level in 9 months.
Hike delivers Long Beach pilot boat Jacobsen Pilot Services Inc. , Long Beach California recently took delivery of a new 54ft welded aluminum pilot boat from Hike Metal Products
Gunderson books more barge orders Three oceangoing deck barges worth $25 million
Scrap prices prompt Fredriksen to cash in on $17m Sea Giant The world's second largest tanker, the elderly Sea Giant , is understood to have been sold for scrap, writes Tony Gray.
Gas Natural ready for LNG carrier newbuilding spree SPANISH energy group Gas Natural plans to spend up to E 525m ($606m) over the next four years on new liquefied natural gas carriers.
Petroplus prepares to sell substantial stake in Milford Haven gas project Petroplus, the Rotterdam oil refining and marketing group, is planning to sell a "substantial" equity stake in its LNG project in Wales.
Spanish demand for gas expected to soar DEMAND for natural gas in Spain is set to grow from 21bn cu m in 2002 to 44bn cu m by 2011, according to government estimates, writes Brian Reyes in Gibraltar.
Truck strike snarls Korean ports About 30,000 truck drivers walked off the job for the second time in three months, disrupting the flow of cargo.
Carriers seek security-efficiency balance Shipping lines and railroads are taking measures to improve the efficiency of their intermodal operations while at the same time improving security in the post-Sept. 11 environment.
World Shipping Council gets extension on UPS, NCBFAA petitions
Financial picture brightening for United, executive says
APM Terminals, CSX vie for Indian box terminal
Japanese cargo carrier takes delivery of refurbished planes
US Government foils al Qaeda arms smuggling scheme Federal authorities say they have foiled a plot that would have used containers to smuggle weapons into New York Harbour.
Volatile chemical leaking from beached Maersk vessel A highly flammable chemical is leaking from a container on board the stranded Sealand Express in Table Bay.
Cargo left in Korea as truckers strike takes hold
Chemical alley: Shreyas links chemical industry to Chennai
Respected US maritime magazine slams industry security system
Wilhelmshaven plans to be filed in the autumn
Canadian conference raises rates
Iraq war contributes to India's shrinking leather trade
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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