Transpacific rates set to jump 20% FREIGHT rates on the booming transpacific trade are set to jump nearly 20 per cent next year following agreement among the 14 Transpacific Stabilisation Agreement members - a move that will help sustain the already buoyant recovery of the container trades.
MPA may consider licensing bunker inspection companies THE Maritime and Port Authority of Singapore could be considering licensing bunker inspection companies, and linking bunker surveyor licences to their inspection company employers in a further enhancement of stringent new industry regulations.
India sets date for bids for shipping line stake INDIA's government will accept bids for a 51 per cent stake worth about US$304 million in Shipping Corp of India, the country's biggest shipping line, on Oct 20, bankers and prospective bidders involved in the process said.
Air and Land Transport
Asia tightens air security but weak links pose danger SECURITY at Asia's airports has been beefed up in the two years since the Sept 11 attacks but there are still many weak links that leave the region vulnerable to terrorist strikes in the air, analysts say.
US airlines seek privacy assurance before supplying customer data
It's Cerberus or Victor Li for beleaguered Air Canada
Alitalia pressing to be included in KLM-Air France alliance
easyJet's UK-Spain traffic up 17.5%
Ship Shape
SHIP SALES THE market is steaming ahead at full throttle with sales reported in most sectors and with a good number of fresh newbuilding orders coming to light.
Liner Scene
Rising volumes but changing route patterns CONFIDENCE appears to have returned to the container shipping business with the lines bullish about prospects and prepared to push through freight rate increases on the back of high utilisation rates in most trades.
Transpacific rates set to jump 20% FREIGHT rates on the booming transpacific trade are set to jump nearly 20 per cent next year following agreement among the 14 Transpacific Stabilisation Agreement members - a move that will help sustain the already buoyant recovery of the container trades.
MPA may consider licensing bunker inspection companies THE Maritime and Port Authority of Singapore could be considering licensing bunker inspection companies, and linking bunker surveyor licences to their inspection company employers in a further enhancement of stringent new industry regulations.
India sets date for bids for shipping line stake INDIA's government will accept bids for a 51 per cent stake worth about US$304 million in Shipping Corp of India, the country's biggest shipping line, on Oct 20, bankers and prospective bidders involved in the process said.
Air and Land Transport
Asia tightens air security but weak links pose danger SECURITY at Asia's airports has been beefed up in the two years since the Sept 11 attacks but there are still many weak links that leave the region vulnerable to terrorist strikes in the air, analysts say.
US airlines seek privacy assurance before supplying customer data
It's Cerberus or Victor Li for beleaguered Air Canada
Alitalia pressing to be included in KLM-Air France alliance
easyJet's UK-Spain traffic up 17.5%
Ship Shape
SHIP SALES THE market is steaming ahead at full throttle with sales reported in most sectors and with a good number of fresh newbuilding orders coming to light.
Liner Scene
Rising volumes but changing route patterns CONFIDENCE appears to have returned to the container shipping business with the lines bullish about prospects and prepared to push through freight rate increases on the back of high utilisation rates in most trades.
Transpacific rates set to jump 20% FREIGHT rates on the booming transpacific trade are set to jump nearly 20 per cent next year following agreement among the 14 Transpacific Stabilisation Agreement members - a move that will help sustain the already buoyant recovery of the container trades.
MPA may consider licensing bunker inspection companies THE Maritime and Port Authority of Singapore could be considering licensing bunker inspection companies, and linking bunker surveyor licences to their inspection company employers in a further enhancement of stringent new industry regulations.
India sets date for bids for shipping line stake INDIA's government will accept bids for a 51 per cent stake worth about US$304 million in Shipping Corp of India, the country's biggest shipping line, on Oct 20, bankers and prospective bidders involved in the process said.
Air and Land Transport
Asia tightens air security but weak links pose danger SECURITY at Asia's airports has been beefed up in the two years since the Sept 11 attacks but there are still many weak links that leave the region vulnerable to terrorist strikes in the air, analysts say.
US airlines seek privacy assurance before supplying customer data
It's Cerberus or Victor Li for beleaguered Air Canada
Alitalia pressing to be included in KLM-Air France alliance
easyJet's UK-Spain traffic up 17.5%
Ship Shape
SHIP SALES THE market is steaming ahead at full throttle with sales reported in most sectors and with a good number of fresh newbuilding orders coming to light.
Liner Scene
Rising volumes but changing route patterns CONFIDENCE appears to have returned to the container shipping business with the lines bullish about prospects and prepared to push through freight rate increases on the back of high utilisation rates in most trades.
Transpacific rates set to jump 20% FREIGHT rates on the booming transpacific trade are set to jump nearly 20 per cent next year following agreement among the 14 Transpacific Stabilisation Agreement members - a move that will help sustain the already buoyant recovery of the container trades.
MPA may consider licensing bunker inspection companies THE Maritime and Port Authority of Singapore could be considering licensing bunker inspection companies, and linking bunker surveyor licences to their inspection company employers in a further enhancement of stringent new industry regulations.
India sets date for bids for shipping line stake INDIA's government will accept bids for a 51 per cent stake worth about US$304 million in Shipping Corp of India, the country's biggest shipping line, on Oct 20, bankers and prospective bidders involved in the process said.
Air and Land Transport
Asia tightens air security but weak links pose danger SECURITY at Asia's airports has been beefed up in the two years since the Sept 11 attacks but there are still many weak links that leave the region vulnerable to terrorist strikes in the air, analysts say.
US airlines seek privacy assurance before supplying customer data
It's Cerberus or Victor Li for beleaguered Air Canada
Alitalia pressing to be included in KLM-Air France alliance
easyJet's UK-Spain traffic up 17.5%
Ship Shape
SHIP SALES THE market is steaming ahead at full throttle with sales reported in most sectors and with a good number of fresh newbuilding orders coming to light.
Liner Scene
Rising volumes but changing route patterns CONFIDENCE appears to have returned to the container shipping business with the lines bullish about prospects and prepared to push through freight rate increases on the back of high utilisation rates in most trades.
OPEC cut may be undermined by non-OPEC and some members Speculation was weighing on the market today that the OPEC supply cut may not have quite the effect on supply fundamentals as first thought.
Singapore eases after Thursday rally
Chemoil adds MGO to its product range in New York Chemoil Corporation, announced last night that the company is now a physical supplier of marine gas oil MGO (DMA) in New York.
Rotterdam largely steady this morning
US West Coast: Demand remains thin, markets yet to react?
Gulf Coast firm, suppliers anticipate further bullishness
Soros raises Inmarsat purchase bid GEORGE Soros and bid partner Apollo have raised the stakes in the battle for control of Inmarsat and are reported to have raised their bid for the company to $15 a share, writes Neville Smith.
Tanker firms cash in on dry bulk bonanza THE current boom in the dry bulk markets at a time when tanker rates have hit the skids has enticed two major tanker operators to assign some of their combination tonnage to period contracts with noted dry commodity trading concerns.
March deadline to get Pusan back on track THE South Korean port of Pusan, wrecked by the 125 mph winds of Typhoon Maemi, will be fully operational as early as next March, the government has said as well as announcing extensive new berth construction for the coming decade.
P&O Nedlloyd jilts West Africa trades partner WAL GERMAN company West-Afrika Linien-Dienste has been left in the lurch by P&O Nedlloyd, which is withdrawing from the Europe-West Africa trades.
Izar signs up for FastShip order study SPANISH state-owned shipbuilder Izar confirmed on Friday that it had signed an agreement with FastShip of the US to study technical feasibility of the high-speed transatlantic boxship project.
Tasman Spirit crew to be charged KARACHI Port Trust is to bring criminal charges against the master and six crew members of the wrecked Polembros tanker Tasman Spirit, Greek diplomats have revealed
Murmansk increases tanker fleet MURMANSK Shipping Company has raised the Russian flag on its sixth tanker this week
P&O Ned out of West Africa ANGLO-Dutch liner operator P&O Nedlloyd will withdraw from the Europe-West Africa trade by the end of this year following a board decision
Bulker market finds another gear THE dry bulk freight market accelerated this week at the fastest rate since the boom began a year ago
Israeli port workers to strike UNION leaders representing 2,500 port workers say their members will join a general strike by public sector on 30 September
Scrappers killed by poison gas TWO men were killed and two injured yesterday on a tanker waiting for demolition at Gadani Beach, Pakistan
Break in Vancouver foremen talks Employers, union longshore foremen adjourn at Canada's Port of Vancouver but say remaining issues won't force job action.
Firm will freighter-convert 747-400 Israeli Aircraft Industries has launched a freighter conversion program for Boeing 747-400 passenger aircraft.
P&O Nedlloyd ends Europe-W. Africa service
Norfolk Southern cutting workforce
House approves Water Resources bill
CSX World Terminals names ops VP
Coast Guard extends comment period for automated ship ID
Expeditors sees Q3 earnings shortfall
KCS gets more time to plan TFM strategy
PBB offers services for U.S. food imports
OMI takes charge on sale of vessels
Hurricane displaces Maryland Port Administration staff
IPO is most likely exit strategy for P&O from loss making container line Desperate P&O Group has been hawking its joint venture container shipping line to no avail as purchasers and partners are unwilling to take the risk in buying the mega-carrier.
PONL withdrawal from Europe/West Africa another warning for shipping and shippers P&O Nedlloyd's (PONL) withdrawal from its joint West Africa/Europe service with West-Afrika Linien-Dienste (WAL) could be the first sign of rate restoration on the high-cost trade route.
Typhoon prompts cranes and cargo exchange by S. Korean ports
Booming Indian Subcontinent exports lead to major expansion for GeoLogistics
Chinese trade won't strain Kaliningrad links yet
S. Koreans laud end to 'logistics distortion' through new services
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