Hutchison chief raps S'pore for chasing transhipment volumes THE head of the world's largest container terminal operator has taken a swipe against Singapore, describing its transhipment business as of no 'real value', and its pursuit of more volumes 'fickle'.
Local partnership takes on Jakarta port SINGAPORE-listed container crane leasing group Portek International has joined forces with PSA Corporation's former marketing head John Ong in a major expansion of a terminal in Banten, Indonesia.
Singamas Container's first half profit jumps 36% to US$7m SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said its profit jumped 36 per cent in the first half as increasing exports from Asia boosted demand for containers.
Left high and dry POLISH captain Wladzimierz Rosik, 57, from Bydgoszcz with his ship at the river Elbe near Schnackenburg, southeast of Hamburg, northern Germany.
Air and Land Transport
Philippine Airlines dives into the red PHILIPPINE Airlines flew into the red with a net loss of over US$18 million in the June quarter, hit largely by the Sars epidemic.
Auckland airport H2 profit surges 20% to NZ$43.8m
Lufthansa Cargo sees strong Asia growth
KLM focuses on tie-up with Air France
Air Canada renegotiates leases on 14 more planes
Log Book
Admiralty Casebook
Meaning of 'accident' no different from 'perils of the sea' THE word 'accident' in a marine insurance policy instead of the phrase 'perils of the sea', did not in any way affect the case law that a court could use to decide on a dispute, a court in Australia has ruled.
Hutchison chief raps S'pore for chasing transhipment volumes THE head of the world's largest container terminal operator has taken a swipe against Singapore, describing its transhipment business as of no 'real value', and its pursuit of more volumes 'fickle'.
Local partnership takes on Jakarta port SINGAPORE-listed container crane leasing group Portek International has joined forces with PSA Corporation's former marketing head John Ong in a major expansion of a terminal in Banten, Indonesia.
Singamas Container's first half profit jumps 36% to US$7m SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said its profit jumped 36 per cent in the first half as increasing exports from Asia boosted demand for containers.
Left high and dry POLISH captain Wladzimierz Rosik, 57, from Bydgoszcz with his ship at the river Elbe near Schnackenburg, southeast of Hamburg, northern Germany.
Air and Land Transport
Philippine Airlines dives into the red PHILIPPINE Airlines flew into the red with a net loss of over US$18 million in the June quarter, hit largely by the Sars epidemic.
Auckland airport H2 profit surges 20% to NZ$43.8m
Lufthansa Cargo sees strong Asia growth
KLM focuses on tie-up with Air France
Air Canada renegotiates leases on 14 more planes
Log Book
Admiralty Casebook
Meaning of 'accident' no different from 'perils of the sea' THE word 'accident' in a marine insurance policy instead of the phrase 'perils of the sea', did not in any way affect the case law that a court could use to decide on a dispute, a court in Australia has ruled.
Hutchison chief raps S'pore for chasing transhipment volumes THE head of the world's largest container terminal operator has taken a swipe against Singapore, describing its transhipment business as of no 'real value', and its pursuit of more volumes 'fickle'.
Local partnership takes on Jakarta port SINGAPORE-listed container crane leasing group Portek International has joined forces with PSA Corporation's former marketing head John Ong in a major expansion of a terminal in Banten, Indonesia.
Singamas Container's first half profit jumps 36% to US$7m SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said its profit jumped 36 per cent in the first half as increasing exports from Asia boosted demand for containers.
Left high and dry POLISH captain Wladzimierz Rosik, 57, from Bydgoszcz with his ship at the river Elbe near Schnackenburg, southeast of Hamburg, northern Germany.
Air and Land Transport
Philippine Airlines dives into the red PHILIPPINE Airlines flew into the red with a net loss of over US$18 million in the June quarter, hit largely by the Sars epidemic.
Auckland airport H2 profit surges 20% to NZ$43.8m
Lufthansa Cargo sees strong Asia growth
KLM focuses on tie-up with Air France
Air Canada renegotiates leases on 14 more planes
Log Book
Admiralty Casebook
Meaning of 'accident' no different from 'perils of the sea' THE word 'accident' in a marine insurance policy instead of the phrase 'perils of the sea', did not in any way affect the case law that a court could use to decide on a dispute, a court in Australia has ruled.
Californian markets rise as aggressive selling ceases
MDO seen easing in Vancouver on improved avails There were indications today that the sharp increase observed in Vancouver's MDO prices since about 2 weeks back is about to go into reverse, although suppliers were still reporting high numbers.
USEC demand kicks in after prices drop Fuel oil prices eased off in New York and Philadelphia yesterday and remained at similar levels this Thursday. While demand yesterday was reportedly light, some more pre-holiday fixtures were observed today.
Montreal/Halifax quiet amid good avails
Swedish bunker move
Japan's regional parity fails to bait buyers
Tightness back in Genoa as bears take over Italy
Singapore steadies as fuel oil inventories fall The oversupply situation that has been suppressing the Singapore fuel oil market eased somewhat today after the weekly report from International Enterprise showed that stocks of residual fuels fell below 10 million barrels.
NYK shakes reefer trade with switch of partners JAPANESE-controlled NYK Reefers has shaken up the refrigerated shipping trades by swapping partners.
Star Reefers casts light on its acquisition ambitions STAR Reefers is aiming to double the size of its fleet of refrigerated cargoships and is actively seeing acquisition opportunities, writes Janet Porter.
Golar fuels talk of deal with Exmar GOLAR LNG's shares touched a new high after the company disclosed it was planning at least "one major corporate transaction" during the next 12 months.
Last hurdle for DnB and Gjensidige link NORGES Bank, Norway's central bank, has given its blessing to a merger that could forge the biggest ship finance entity in Scandinavia and re-ignite the famous battle for pole position between Den norske Bank and its chief regional rival Nordea.
Big Frontline dividend on the cards SPECULATION about another big dividend payment by Frontline may increase after the world's largest tanker company said it could raise more than $300m cash by refinancing part of its fleet, writes Tony Gray.
Hapag-Lloyd earnings soar The improved earnings were driven by a 9 percent increase in container volumes and higher freight rates on almost all trade routes.
Korea reports steady return of container flow The Port of Pusan is now operating at about 70 percent of normal as more truckers abandon their weeklong strike.
Anderson takes seat on FMC
TNT adds Naples, Florence to air network
BA to launch cargo service between Houston, Mideast
India-Europe ocean carriers raise rates again
Korean Air to take stake in aerospace firm
W.L. Rozman, former IAM shop foreman, dies
Baton Rouge opens Inland River Marine Terminal
Delta makes entire domestic network available on GF-X
Smit make final preparations for Sealand Express operation Smit Marine has said that preparations to re-float the beached Sealand Express are almost complete with all but 415 tonnes of fuel in total having been removed from the ship.
Kwangyang FTZ aimed at realising Korean hub dream Korean government plans to turn the country into a north-east Asian hub will push ahead with the creation of Kwangyang Port's free-trade zone (FTZ) before the end of the year.
Toll linked to Freight Australia sale as RailAmerica seeks to reduce debts
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