APL risks losing market share if it doesn't expand fleet: UBS NEPTUNE Orient Lines' container shipping division, APL, is among the major container lines at risk of losing market share as it shys away from ordering the latest generation of large post-Panamax container vessels.
Swire launches weekly Darwin-S'pore service to tap new Aussie rail link HONG Kong-headquartered Swire Shipping has launched a new weekly service between Australia's northern port of Darwin and Singapore - the first operator to bet on a cargo boost from a rail link finally connecting the city closest to Asia to the rest of the continent.
M'sian ports' throughput up 16% MALAYSIA's ports handled 16 per cent more containers in the first nine months of 2003 compared with the year-earlier period and are expected to handle a record number for the full year, Transport Minister Chan Kong Choy said.
Ship blocking mouth of Bosphorus A cargo ship has broken down on the Bosphorus and is blocking the entrance to the Black Sea, compounding existing congestion delays, Lloyds Casualty Reporting Service said.
MPA shows compassionate side THE Maritime and Port Authority of Singapore has shown that it is not just a powerful government body out there imposing rules and enforcing their compliance.
Air and Land Transport
Narita airport's fee cut promise met with scepticism FUTURE fee cuts touted by the operator of Tokyo's pricey Narita airport have been greeted with scepticism by the airport's second biggest customer, Northwest Airlines, which has taken a 'we'll believe it when we see it' stance.
Malaysia Airlines' talks with alliance suffer setback
Iata picks S'pore to host summit
Skymark plans flights to Kobe
Ice had role in Taiwanese cargo plane crash: council
Qatar Air widens Far East network
Newbuilds
LNG orders build up but look out for CNG LIQUEFIED natural gas carriers have been the talk of the industry recently, with most commentators seeing a steady rise in both LNG use and transportation.
APL risks losing market share if it doesn't expand fleet: UBS NEPTUNE Orient Lines' container shipping division, APL, is among the major container lines at risk of losing market share as it shys away from ordering the latest generation of large post-Panamax container vessels.
Swire launches weekly Darwin-S'pore service to tap new Aussie rail link HONG Kong-headquartered Swire Shipping has launched a new weekly service between Australia's northern port of Darwin and Singapore - the first operator to bet on a cargo boost from a rail link finally connecting the city closest to Asia to the rest of the continent.
M'sian ports' throughput up 16% MALAYSIA's ports handled 16 per cent more containers in the first nine months of 2003 compared with the year-earlier period and are expected to handle a record number for the full year, Transport Minister Chan Kong Choy said.
Ship blocking mouth of Bosphorus A cargo ship has broken down on the Bosphorus and is blocking the entrance to the Black Sea, compounding existing congestion delays, Lloyds Casualty Reporting Service said.
MPA shows compassionate side THE Maritime and Port Authority of Singapore has shown that it is not just a powerful government body out there imposing rules and enforcing their compliance.
Air and Land Transport
Narita airport's fee cut promise met with scepticism FUTURE fee cuts touted by the operator of Tokyo's pricey Narita airport have been greeted with scepticism by the airport's second biggest customer, Northwest Airlines, which has taken a 'we'll believe it when we see it' stance.
Malaysia Airlines' talks with alliance suffer setback
Iata picks S'pore to host summit
Skymark plans flights to Kobe
Ice had role in Taiwanese cargo plane crash: council
Qatar Air widens Far East network
Newbuilds
LNG orders build up but look out for CNG LIQUEFIED natural gas carriers have been the talk of the industry recently, with most commentators seeing a steady rise in both LNG use and transportation.
APL risks losing market share if it doesn't expand fleet: UBS NEPTUNE Orient Lines' container shipping division, APL, is among the major container lines at risk of losing market share as it shys away from ordering the latest generation of large post-Panamax container vessels.
Swire launches weekly Darwin-S'pore service to tap new Aussie rail link HONG Kong-headquartered Swire Shipping has launched a new weekly service between Australia's northern port of Darwin and Singapore - the first operator to bet on a cargo boost from a rail link finally connecting the city closest to Asia to the rest of the continent.
M'sian ports' throughput up 16% MALAYSIA's ports handled 16 per cent more containers in the first nine months of 2003 compared with the year-earlier period and are expected to handle a record number for the full year, Transport Minister Chan Kong Choy said.
Ship blocking mouth of Bosphorus A cargo ship has broken down on the Bosphorus and is blocking the entrance to the Black Sea, compounding existing congestion delays, Lloyds Casualty Reporting Service said.
MPA shows compassionate side THE Maritime and Port Authority of Singapore has shown that it is not just a powerful government body out there imposing rules and enforcing their compliance.
Air and Land Transport
Narita airport's fee cut promise met with scepticism FUTURE fee cuts touted by the operator of Tokyo's pricey Narita airport have been greeted with scepticism by the airport's second biggest customer, Northwest Airlines, which has taken a 'we'll believe it when we see it' stance.
Malaysia Airlines' talks with alliance suffer setback
Iata picks S'pore to host summit
Skymark plans flights to Kobe
Ice had role in Taiwanese cargo plane crash: council
Qatar Air widens Far East network
Newbuilds
LNG orders build up but look out for CNG LIQUEFIED natural gas carriers have been the talk of the industry recently, with most commentators seeing a steady rise in both LNG use and transportation.
US Gulf: Tesoro sells marine & bunker business to Midstream Tesoro Petroleum Corp. has agreed to sell its marine services and bunkering subsidiary Tesoro Marine Services LLC to the US-Gulf company Martin Midstream Partners LP and Midstream Fuel Services, a bunker supplier operating on the US Gulf Coast. The deal signals Tesoro's exit from the marine fuels and services sector.
DOE data paint bearish picture against neutral to bullish API Crude futures look poised for further falls today after the latest round of weekly inventory data emerged from the US. Builds in heating oil has cleared a year-on-year deficit for the first time in the build-up to the winter heating fuel season.
No relief for Japan in November? With power stations buying up the lion share of barge avails, premiums for deliveries in the Japanese bunker market have soared - and don't look like they will be coming down for a while yet. This appears to be the root source of supported Japanese prices.
New Saudi posted prices
Good demand saps Piraeus avails
Bunker Holdings announces Black Sea barge fleet expansion The company has expanded its barge fleet in the Yuzhniy region to five, and a sixth barge expected in November will allow a permanent bunker barge presence at the port of Nikolaev.
Very mixed views ahead of weekly US inventory report Oil prices have fallen in the past two weeks after weekly US data eased fears of a winter fuel shortage, but the market remains edgy about overall low stocks of heating oil and the risk of another really cold winter driving up demand.
Oil firms after OPEC basket slips back into range The OPEC crude basket slipped back into its $22 to $28 target range yesterday, after having spent 13 consecutive days above the ceiling. That means OPEC is off the hook to implement a production increase in line with its price-band mechanism.
Banking trio to buy ABB energy division for more than $900m ABB has agreed to sell its oil, gas and petrochemical division in a price range of $925m-$975m to a private equity consortium of three London-based banks.
Intertanko seeks compromise on single-hull sanctions THE shipping industry's considered response to EU-driven proposals to tighten international restrictions on tanker operations has emerged, with the passing of the deadline for submissions to December's interim Marine Environment Protection Committee meeting.
EU state-aid guidelines for shipping approved EUROPE'S Transport Commissioner Loyola de Palacio will today present new European Union state-aid guidelines for shipping, which were approved yesterday, writes Brian Reyes .
Spanish court rejects bid to relax bail for Mangouras SPAIN' s Constitutional Court has rejected the latest appeal by lawyers acting for Apostolos Mangouras, master of the Prestige , to have his bail conditions relaxed, writes Brian Reyes.
Spain rejects Mangouras appeal SPAIN'S constitutional court in Madrid, the Tribunal Constitutional, has rejected an appeal lodged by Prestige master Apostolos Mangouras against the '3M ($3.3M) bail sum placed on him following the sinking of the Prestige
EC's Trestour grilled by delegates DELEGATES at BIMCO's annual meeting gave a rough ride today to Jean Trestour, head of the European Commission's Maritime Policy and Technology Unit
Have your say The European Commission has unveiled a new 30-point manifesto for the future of Europe's shipbuilding and repair industry, but will it be enough to save the EU's ailing yards?
Have your say GREEK operator Polembros yesterday refused to rule out taking further action against Pakistan National Shipping Corp (PNSC) in the battle over the Tasman Spirit clean-up. costs
Denholm hit by terminal losses LOSSES on its terminal activities resulted in a 40% drop in figures last year for J&J Denholm, the UK shipping and logistics group, from £4.4M ($7.4M) in 2001 to £2.8M
Brazilian yard replaces guarantor BRAZILIAN shipbuilder Estaleiro Ilha says its new majority owners Maritima Petroleo e Engenharia will replace shipbuilder Jurong as guarantor for its four-tanker newbuilding
Pacific rate hikes bolster CP Ships' income Hardening rates and growth on the Pacific pushed CP Ships' third quarter operating income up a further 29%, the company reported today.
EWATA despair at failed rate increase in 'stagnant' trade Europe-West Africa Trade Association's (EWATA) October 1 rate restoration is in difficulties, according to member-lines, forwarders and even the EWATA chairman, and another restoration in spring is already being considered.
Languid charter market slips into reverse
WAL strikes Delmas/OTAL West Africa service deal
Cosco Pacific investing in Chinese and US terminals
Tax relief improves Canadian West Coast ports' competitiveness
Road cargo switch to rail boost Norfolk Southern's returns
High rail freight costs mean drop in Concor revenue growth
- 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
