Kuok's M'sian carrier plans US$100m IPO MALAYSIAN Bulk Carriers Bhd, a shipping firm controlled by tycoon Robert Kuok, plans an initial public offering to raise about US$100 million to buy ships as freight rates surge, sources close to the deal said yesterday.
Kuehne & Nagel's Q3 profit surges 50% on Asia growth KUEHNE & Nagel International AG, the world's biggest sea-freight operator, said third-quarter profit rose by almost half as the company handled more goods from Asia.
Russian oil port reopens RUSSIA's main Black Sea oil export port of Novorossiisk has reopened following a closure of several days, but delays on big crude cargoes remained at nearly one week, shipping sources said.
Protest against nuclear waste MEMBERS of the environmental group Greenpeace demonstrating from a boat as police guard radioactive waste which was loaded onto the Fret Moselle nuclear transport freighter, early yesterday.
Air and Land Transport
DHL unveils US$200m China expansion plan COURIER giant DHL, owned by Germany's Deutsche Post, said yesterday that the company and Chinese partner Sinotrans would spend US$200 million over five years to boost their dominance of China's booming freight market.
Fires spark off US air traffic chaos
Australian Air adds plane, plans expansion
Virgin Atlantic considering buying B777s, A340s
TSA begins review to ensure daily inspections by airlines
Canada pondering future of El Al's Toronto flights
Features
Port hopes to be focus of central African trade THE port of Pointe-Noire, coastal economic hub of the west African Republic of Congo, has ambitions to become the focus of all central African trade, but local inland transport difficulties are getting in the way.
Bulletin Board
Bulletin Board Qantas Airways chief executive officer and managing director GEOFF DIXON will deliver the 2nd Aviation Lecture of the Bangkok-based Asia Pacific Aviation Media Association on Thursday Oct 30 at the Raffles Hotel ballroom, Singapore.
Kuok's M'sian carrier plans US$100m IPO MALAYSIAN Bulk Carriers Bhd, a shipping firm controlled by tycoon Robert Kuok, plans an initial public offering to raise about US$100 million to buy ships as freight rates surge, sources close to the deal said yesterday.
Kuehne & Nagel's Q3 profit surges 50% on Asia growth KUEHNE & Nagel International AG, the world's biggest sea-freight operator, said third-quarter profit rose by almost half as the company handled more goods from Asia.
Russian oil port reopens RUSSIA's main Black Sea oil export port of Novorossiisk has reopened following a closure of several days, but delays on big crude cargoes remained at nearly one week, shipping sources said.
Protest against nuclear waste MEMBERS of the environmental group Greenpeace demonstrating from a boat as police guard radioactive waste which was loaded onto the Fret Moselle nuclear transport freighter, early yesterday.
Air and Land Transport
DHL unveils US$200m China expansion plan COURIER giant DHL, owned by Germany's Deutsche Post, said yesterday that the company and Chinese partner Sinotrans would spend US$200 million over five years to boost their dominance of China's booming freight market.
Fires spark off US air traffic chaos
Australian Air adds plane, plans expansion
Virgin Atlantic considering buying B777s, A340s
TSA begins review to ensure daily inspections by airlines
Canada pondering future of El Al's Toronto flights
Features
Port hopes to be focus of central African trade THE port of Pointe-Noire, coastal economic hub of the west African Republic of Congo, has ambitions to become the focus of all central African trade, but local inland transport difficulties are getting in the way.
Bulletin Board
Bulletin Board Qantas Airways chief executive officer and managing director GEOFF DIXON will deliver the 2nd Aviation Lecture of the Bangkok-based Asia Pacific Aviation Media Association on Thursday Oct 30 at the Raffles Hotel ballroom, Singapore.
Kuok's M'sian carrier plans US$100m IPO MALAYSIAN Bulk Carriers Bhd, a shipping firm controlled by tycoon Robert Kuok, plans an initial public offering to raise about US$100 million to buy ships as freight rates surge, sources close to the deal said yesterday.
Kuehne & Nagel's Q3 profit surges 50% on Asia growth KUEHNE & Nagel International AG, the world's biggest sea-freight operator, said third-quarter profit rose by almost half as the company handled more goods from Asia.
Russian oil port reopens RUSSIA's main Black Sea oil export port of Novorossiisk has reopened following a closure of several days, but delays on big crude cargoes remained at nearly one week, shipping sources said.
Protest against nuclear waste MEMBERS of the environmental group Greenpeace demonstrating from a boat as police guard radioactive waste which was loaded onto the Fret Moselle nuclear transport freighter, early yesterday.
Air and Land Transport
DHL unveils US$200m China expansion plan COURIER giant DHL, owned by Germany's Deutsche Post, said yesterday that the company and Chinese partner Sinotrans would spend US$200 million over five years to boost their dominance of China's booming freight market.
Fires spark off US air traffic chaos
Australian Air adds plane, plans expansion
Virgin Atlantic considering buying B777s, A340s
TSA begins review to ensure daily inspections by airlines
Canada pondering future of El Al's Toronto flights
Features
Port hopes to be focus of central African trade THE port of Pointe-Noire, coastal economic hub of the west African Republic of Congo, has ambitions to become the focus of all central African trade, but local inland transport difficulties are getting in the way.
Bulletin Board
Bulletin Board Qantas Airways chief executive officer and managing director GEOFF DIXON will deliver the 2nd Aviation Lecture of the Bangkok-based Asia Pacific Aviation Media Association on Thursday Oct 30 at the Raffles Hotel ballroom, Singapore.
Kuok's M'sian carrier plans US$100m IPO MALAYSIAN Bulk Carriers Bhd, a shipping firm controlled by tycoon Robert Kuok, plans an initial public offering to raise about US$100 million to buy ships as freight rates surge, sources close to the deal said yesterday.
Kuehne & Nagel's Q3 profit surges 50% on Asia growth KUEHNE & Nagel International AG, the world's biggest sea-freight operator, said third-quarter profit rose by almost half as the company handled more goods from Asia.
Russian oil port reopens RUSSIA's main Black Sea oil export port of Novorossiisk has reopened following a closure of several days, but delays on big crude cargoes remained at nearly one week, shipping sources said.
Protest against nuclear waste MEMBERS of the environmental group Greenpeace demonstrating from a boat as police guard radioactive waste which was loaded onto the Fret Moselle nuclear transport freighter, early yesterday.
Air and Land Transport
DHL unveils US$200m China expansion plan COURIER giant DHL, owned by Germany's Deutsche Post, said yesterday that the company and Chinese partner Sinotrans would spend US$200 million over five years to boost their dominance of China's booming freight market.
Fires spark off US air traffic chaos
Australian Air adds plane, plans expansion
Virgin Atlantic considering buying B777s, A340s
TSA begins review to ensure daily inspections by airlines
Canada pondering future of El Al's Toronto flights
Features
Port hopes to be focus of central African trade THE port of Pointe-Noire, coastal economic hub of the west African Republic of Congo, has ambitions to become the focus of all central African trade, but local inland transport difficulties are getting in the way.
Bulletin Board
Bulletin Board Qantas Airways chief executive officer and managing director GEOFF DIXON will deliver the 2nd Aviation Lecture of the Bangkok-based Asia Pacific Aviation Media Association on Thursday Oct 30 at the Raffles Hotel ballroom, Singapore.
No lasting delivery delays after Istanbul winds subside
Crude little changed, direction unclear Crude prices opened higher in London today, but following gains of around 20 cents this morning, later trading saw the price fall back to post moderate losses. Little has really changed in the crude market since Friday, and with no fundamental news, direction is unclear.
Gijonesa to battle France over Clemenceau SPANISH company Gijonesa de Desguaces yesterday prepared to resist attempts by the French government to confiscate the de-commissioned French Navy aircraft carrier, Clemenceau, which is at present off Sicily, under French control.
Polembros declares war on Pakistan Pakistan is facing the arrest of transportation assets as the aftermath of the Tasman Spirit spill in Karachi provides an increasing amount of food for the courts.
Wei says Australia's Gorgon gas deal with China faces hurdles AUSTRALIA still has a long way to go before it lands a firm deal to sell liquefied natural gas from western Australia's Gorgon field to China, the president and chief executive of Cosco, Captain Wei Jiafu, said in Sydney yesterday.
Van Dyck named as Intertanko chairman INTERTANKO has named Stephen Van Dyck as next chairman of the tanker owners' organisation, writes David Osler.
Spain wins €58M Prestige advance THE Spanish government is set to receive an advanced payment of approximately €58M ($68M) from the International Oil Pollution Compensation Funds (IOPC) in order to 'fast-track' claims from the Prestige sinking
US docker slams Iraqi labour law West Coast docker union official, Clarence Thomas slams the US-controlled Coalition Provisional Authority for retaining the former regime's law banning unions
UK told to improve transport links The UK government has been given a stern warning by the Confederation of British Industry, that its failure to improve the transport system is "tarnishing" the UK
Car builders switch ports JAPANESE car manufacturer Mazda has returned to Rotterdam Car Terminal (RCT) after a decade-long absence and will export 40,000 cars annually to the UK
Transmanche orders newbuilding FRENCH ferry operator Transmanche Ferries has revealed plans to order a newbuilding ferry for its Dieppe-Newhaven service as a major client goes into receivership
More congestion charges for Aqaba FROM today a $450 and $950 surcharge will be placed on each 20-ft and 40-ft container going through Aqaba to the dismay of the Jordanian government
UBS Warburg: 'two-tier market' and spectre of consolidation emerging from ordering spree A failure to order megaships will bring some major lines under pressure to consolidate as their market share diminishes in the coming years according to investment bank UBS Warburg.
Reefer advance lures fruit giant Seabrex to Maasvlakte Fruit-shipping giant Seabrex is considering moving from its Rotterdam terminal Merwehaven to the Maasvlakte, citing a rising reefer trade and the need to use space more efficiently.
Hong Kong and Shanghai ports agree to co-operate
More S.Korean Free Economic Zones further boost hub dream
DHL Danzas Lemuir launches India-Europe LCL service
CMHI investing in south China region
CN investing C$24.2million in Halifax-Montreal track
Multimodal strike force assembles to scrutinise containers entering LA
Conflicts lurk in new US Coast Guard rules
Electronic Export declarations to become mandatory
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