DHL Danzas seeks future growth in China WITH its China business growing 35 per cent annually for the last six years, DHL Danzas Air & Ocean is eyeing the country's vast domestic transportation market as a key source of future growth.
HNN loses terminal concession to P&O Ports PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has lost one of its earlier-granted concessions to operate terminals in Antwerp's major port expansion to rival P&O Ports - and potentially Maersk.
Queen Mary II undergoes sea trials THE Queen Mary II, the biggest and most luxurious passenger ship ever built, was to take to the seas for the first time yesterday for a series of tests ahead of its maiden voyage in January.
Shipping lines planning to hike freight rates to US by 15% NEPTUNE Orient Lines , Mitsui OSK Lines and rivals plan to increase rates for carrying cargo to the US from Asia, the world's busiest container trade route, by as much as 15 per cent in May 2004, as cargo demand outpaces growth in capacity.
Air and Land Transport
Equity links key to Europe's air alliance talks PRESSED between three larger airlines and surging low-fare rivals, Dutch carrier KLM needs to clinch an equity tie-up with Air France to help ensure it survives the squeeze.
Qantas diverts 4 flights due to Sydney jet fuel shortage
Air France mulls all business-class flights to African oil hubs
LOG Book
Admiralty Casebook
Head charterer can enforce contractual lien THE Court of Appeal recently upheld a decision by the High Court that the head charterer of a vessel could enforce a contractual lien to claim almost US$2 million in demurrage for delays at a discharge port in China and in Singapore.
DHL Danzas seeks future growth in China WITH its China business growing 35 per cent annually for the last six years, DHL Danzas Air & Ocean is eyeing the country's vast domestic transportation market as a key source of future growth.
HNN loses terminal concession to P&O Ports PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has lost one of its earlier-granted concessions to operate terminals in Antwerp's major port expansion to rival P&O Ports - and potentially Maersk.
Queen Mary II undergoes sea trials THE Queen Mary II, the biggest and most luxurious passenger ship ever built, was to take to the seas for the first time yesterday for a series of tests ahead of its maiden voyage in January.
Shipping lines planning to hike freight rates to US by 15% NEPTUNE Orient Lines , Mitsui OSK Lines and rivals plan to increase rates for carrying cargo to the US from Asia, the world's busiest container trade route, by as much as 15 per cent in May 2004, as cargo demand outpaces growth in capacity.
Air and Land Transport
Equity links key to Europe's air alliance talks PRESSED between three larger airlines and surging low-fare rivals, Dutch carrier KLM needs to clinch an equity tie-up with Air France to help ensure it survives the squeeze.
Qantas diverts 4 flights due to Sydney jet fuel shortage
Air France mulls all business-class flights to African oil hubs
LOG Book
Admiralty Casebook
Head charterer can enforce contractual lien THE Court of Appeal recently upheld a decision by the High Court that the head charterer of a vessel could enforce a contractual lien to claim almost US$2 million in demurrage for delays at a discharge port in China and in Singapore.
DHL Danzas seeks future growth in China WITH its China business growing 35 per cent annually for the last six years, DHL Danzas Air & Ocean is eyeing the country's vast domestic transportation market as a key source of future growth.
HNN loses terminal concession to P&O Ports PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has lost one of its earlier-granted concessions to operate terminals in Antwerp's major port expansion to rival P&O Ports - and potentially Maersk.
Queen Mary II undergoes sea trials THE Queen Mary II, the biggest and most luxurious passenger ship ever built, was to take to the seas for the first time yesterday for a series of tests ahead of its maiden voyage in January.
Shipping lines planning to hike freight rates to US by 15% NEPTUNE Orient Lines , Mitsui OSK Lines and rivals plan to increase rates for carrying cargo to the US from Asia, the world's busiest container trade route, by as much as 15 per cent in May 2004, as cargo demand outpaces growth in capacity.
Air and Land Transport
Equity links key to Europe's air alliance talks PRESSED between three larger airlines and surging low-fare rivals, Dutch carrier KLM needs to clinch an equity tie-up with Air France to help ensure it survives the squeeze.
Qantas diverts 4 flights due to Sydney jet fuel shortage
Air France mulls all business-class flights to African oil hubs
LOG Book
Admiralty Casebook
Head charterer can enforce contractual lien THE Court of Appeal recently upheld a decision by the High Court that the head charterer of a vessel could enforce a contractual lien to claim almost US$2 million in demurrage for delays at a discharge port in China and in Singapore.
US West Coast: Demand remains thin, markets yet to react?
Gulf Coast firm, suppliers anticipate further bullishness
Multiple supply issues in firm ARA market Markets in the ARA region seem to be suffering numerous operational problems this week.These problems have helped provide a little support for prices but they are by no means the only bullish factors in the market.
Sri Lanka: New player reveals expansion plans Lanka Maritime Services, a new player in Sri Lanka's bunker market, plans to expand its supply capacity after it begun to sell marine gas oil in the port of Colombo in May this year.
INTERTANKO's Council meets in London
Singapore residual stocks back near August highs It may still take some time before Singapore's currently ample fuel oil stocks are eroded by Chinese import demands.
Japanese domestic/bonded gap increases once more The Japanese domestic avails situation yet again opens the market to undercutting by bonded product.
Italian numbers surge with demand
Buyers step aside as prices surge in Singapore While buyers mostly decided to postpone their decision today thinking prices will ease again soon after today's sharp rise, suppliers were more divided in their opinions.
Røkke default fear puts cloud over Aker yard NORWEGIAN billionaire industrialist Kjell Inge Røkke faces a massive debt repayment default next week that could jeopardise his ownership of ailing shipbuilder and engineer Aker Kvaerner.
Statoil picks Five as caretaker chairwoman ENERGY giant Statoil has appointed Kaci Kullman Five, a former senior executive with Kjell Inge R'kke's holding company Aker RGI and former Norwegian trade minister, as caretaker chairman, writes Jerry Frank.
Opec output cut fuels rise in bunker prices SHIPOWNERS are faced with higher fuel costs after the Organisation of Petroleum Exporting Countries announced a shock production cut earlier this week.
Tycoon Fredriksen top of his league NORWEGIAN tanker tycoon John Fredriksen has supplanted Aker Kvaerner owner Kjell Inge R'kke as Norway's wealthiest individual, according to a survey of the nation's 400 richest people.
Helmepa fears for 'terrorised' personnel in Karachi ANTI-pollution body the Hellenic Marine Environment Protection Association has voiced its "deep concern" over the reaction in Pakistan to personnel involved in the Tasman Spirit oil spill and its aftermath.
HELMEPA speaks out on detention GREEK environmental organisation HELMEPA has congratulated George Tsavliris, president of Cyprus sister organisation CYMEPA, for offering to change places with Tsavliris salvage master Nikos Pappas
ISU bids for single voice THE International Salvage Union has announced that it will be taking on associate members in a bid to boost its international presence
Mediation ordered in Norway case A federal court judge in Miami has ordered Norwegian Cruise Lines to begin mediation with lawyers representing families of the victims of the Norway boiler explosion
Asia-US trade box rates to increase MAJOR shipping lines operating on the Asia-US trade have recommended that rates for 40-ft containers should be increased from 1 May 2004
Bush under pressure on steel tariff US President Bush is coming under increasing pressure from the steel industry and the steelworkers union to continue with the tariffs he imposed in 2002
Moby takes third stake in Enermar ITALIAN ferry owner Moby has bought a 30% share of smaller compatriot Enermar, the first such alliance between two Italian ferry lines
Market dragged by sluggish economy After several down years, breakbulk specialists hoped for a rebound in 2003. So far, it hasn't happened.
Broker: More big boxships on order Orders of new container ships over 4,000 TEUs continue to grow, while orders for smaller ships lag behind, according to a new report.
Congress approves homeland funding The House and Senate have approved $29.4 billion in appropriations for the Department of Homeland Security, which is $1 billion more than the Bush administration requested.
Congress rejects container fee proposal
EU to rule on carriers' anti-trust appeal
Japan plans port makeover
Asian airlines debut cargo Web portal
Bulk increase for Port of Brunswick
General Maritime signs time charters for Aframax bulkers
Mumbai siltation forces vessels to by-pass port Delays in dredging Mumbai are threatening to undermine the port as some vessels, unable to enter the harbour, are by-passing the facility.
The Israeli Shippers' Council (ISC) has revealed it is in discussion with Egyptian and Jordanian ports in the face of an Israeli port workers' strike called for September 30.
TSA rates to rise US$450 and US$600 per FEU for inbound US cargo Transpacific shipping lines are thanking their investors and signalling confidence in continuing growth on their trade routes by announcing large guideline rate rises into US ports.
Canadian intermodal industry to debate service improvements
South Korea to build 15 12,000TEU ship berths
San Diego pays $6.1million for construction mistake
Taiwanese shipping hangs on APM contract renewals
German shipowner spends US$160million, with sharp rise in boxship price
Coscon river container service to give Zhejiang Province sea access
Australian export gloom sustained
Shanghai and Nantong agree development deal
Auckland throughput rising again
Rio Grande's Tecon puts another Gottwald HMK 300 E in operation
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
