ISPS: just over 50% make it THE most significant post-world war global security measures for the shipping industry fall into place today, leaving the industry on tenterhooks as to what impact the thousands of non-compliant ships and ports will have on the global movement of sea cargo.
Shanghai port tests security readiness CHINESE port authorities staged joint land, air and sea anti-terror exercises in preparation for beefed up security measures at many ports worldwide, including Shanghai.
Philippines navy stops pirates disguised as customs officials ARMED pirates disguised as customs officials were prevented by the Philippines Navy from attacking a ship in the Sulu Sea on Wednesday last week, the International Maritime Bureau said in its weekly report.
Acid tanker sinks in Hamburg port A tanker carrying 960 tonnes of sulphuric acid capsized after a collision with a container ship in the German port of Hamburg, injuring 11 people and causing a pollution scare.
Daewoo's profit surges 58% in May DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, reported a 58 per cent increase in profit in May as it booked more earnings on liquified natural gas and other pricier vessels.
Air and Land Transport
United's loan rejection may spark off airline cost cuts UNITED Airlines' failure to win federal backing for a US$2 billion loan may make it easier for competitors like Delta Air Lines and US Airways Group to wrest wage and benefit cuts from workers.
New freight service gives jet-setting fashion a boost
India's Wadia plans low-cost airline
Thai Airways fills more seats in May
Aeroflot to spend US$600m on new planes: report
Newbuilds
Newbuild resales on the rise as owners cash in ONCE again the number of actual orders is small though rumours of impending big contracts abound.
ISPS: just over 50% make it THE most significant post-world war global security measures for the shipping industry fall into place today, leaving the industry on tenterhooks as to what impact the thousands of non-compliant ships and ports will have on the global movement of sea cargo.
Shanghai port tests security readiness CHINESE port authorities staged joint land, air and sea anti-terror exercises in preparation for beefed up security measures at many ports worldwide, including Shanghai.
Philippines navy stops pirates disguised as customs officials ARMED pirates disguised as customs officials were prevented by the Philippines Navy from attacking a ship in the Sulu Sea on Wednesday last week, the International Maritime Bureau said in its weekly report.
Acid tanker sinks in Hamburg port A tanker carrying 960 tonnes of sulphuric acid capsized after a collision with a container ship in the German port of Hamburg, injuring 11 people and causing a pollution scare.
Daewoo's profit surges 58% in May DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, reported a 58 per cent increase in profit in May as it booked more earnings on liquified natural gas and other pricier vessels.
Air and Land Transport
United's loan rejection may spark off airline cost cuts UNITED Airlines' failure to win federal backing for a US$2 billion loan may make it easier for competitors like Delta Air Lines and US Airways Group to wrest wage and benefit cuts from workers.
New freight service gives jet-setting fashion a boost
India's Wadia plans low-cost airline
Thai Airways fills more seats in May
Aeroflot to spend US$600m on new planes: report
Newbuilds
Newbuild resales on the rise as owners cash in ONCE again the number of actual orders is small though rumours of impending big contracts abound.
ISPS: just over 50% make it THE most significant post-world war global security measures for the shipping industry fall into place today, leaving the industry on tenterhooks as to what impact the thousands of non-compliant ships and ports will have on the global movement of sea cargo.
Shanghai port tests security readiness CHINESE port authorities staged joint land, air and sea anti-terror exercises in preparation for beefed up security measures at many ports worldwide, including Shanghai.
Philippines navy stops pirates disguised as customs officials ARMED pirates disguised as customs officials were prevented by the Philippines Navy from attacking a ship in the Sulu Sea on Wednesday last week, the International Maritime Bureau said in its weekly report.
Acid tanker sinks in Hamburg port A tanker carrying 960 tonnes of sulphuric acid capsized after a collision with a container ship in the German port of Hamburg, injuring 11 people and causing a pollution scare.
Daewoo's profit surges 58% in May DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, reported a 58 per cent increase in profit in May as it booked more earnings on liquified natural gas and other pricier vessels.
Air and Land Transport
United's loan rejection may spark off airline cost cuts UNITED Airlines' failure to win federal backing for a US$2 billion loan may make it easier for competitors like Delta Air Lines and US Airways Group to wrest wage and benefit cuts from workers.
New freight service gives jet-setting fashion a boost
India's Wadia plans low-cost airline
Thai Airways fills more seats in May
Aeroflot to spend US$600m on new planes: report
Newbuilds
Newbuild resales on the rise as owners cash in ONCE again the number of actual orders is small though rumours of impending big contracts abound.
Oil prices rebound after US crude draw, Saudi comments Recent sharp fall in oil prices could lead OPEC to reverse a planned production increase in August.
SEAaT welcomes EU sulphur decision Cross-industry group says that provisions for more abatement technology testing is good news for shipping industry and environment.
US oil inventories at a glance
South African avails squeezed 'until mid-July' No quotes for HFO before 12 July in Durban and Richards Bay prompts welcome upsurge in demand in Mauritius.
Moderate movements in well-supplied Piraeus
Rotterdam little changed at noon
Low demand preserves South Korean avails
Malaysia: Early 2005 start for new bunker port Development company targets growing eastern Malaysia market for new bunker project.
Singapore: May volumes down, overall growth still strong Figures released by the MPA show continued growth for bunker sales in the world's busiest bunker port.
OMI ends Stelmar "stand still" agreement with Stelios ...and Stelmar Board authorizes a "review of strategic alternatives" after Loeb calls for an auction of the company
The magic pipe and the golden whistle Hoegh Fleet Services A/S gets a $3.5 million fine...and a whistle blower collects $300,000
ISPS Day finds ships and ports only half way there WITH the entry into force today of the International Ship and Port Facility Security Code, compliance by ships and ports has edged over the 50% mark.
Charterers sanguine about code implications CHARTERERS appear to be relatively relaxed about the recent voyage patterns of ships up for hire, despite the implications of new global anti-terrorist rules, writes Janet Porter.
USCG sticks to sensitive and sensible approach as new security era begins THE message from the US Coast Guard in the run-up to deadline day for the International Ship and Port Facility Security Code was much the same as it has been since this US-inspired initiative was hammered into shape at the International Maritime Organization in the months after September 11.
UK admits some terminals miss deadline A NUMBER of UK ports will miss the deadline for meeting new global security requirements that came into effect at midnight.
USCG start inspecting early THE US Coast Guard began boarding and inspecting some foreign-flag vessels today - one day in advance of the ISPS deadline
P&O withdraws from Scottish tender P&O has decided not to proceed with a bid for the Scottish Northern Islands Ferry tender to provide services from Aberdeen to the Orkney and Shetland Islands
Belgian tonnage tax goes ahead THE European Commission has given its final approval for a new Belgian tonnage tax scheme which, ship owners claim, will double the size of the flag by the end of this year
Ferry operators fined €1.5M SIX ferry owners have been fined a total of €1.5M ($1.8M) for price-fixing in the ferry passenger market between the Algeciras and Tangiers
US trucker strike effects felt THE wildcat strike this week by independent truckers has not caused any US ports to completely shut down, but some ports are feeling the effects
Turkish tanker ban 'a violation' RUSSIA'S transport ministry has warned Turkey that its ban on tanker traffic moving through the Bosporus Strait is a violation of the Montreux Treaty
Most port truckers go back to work Independent truckers back on the job at most East Coast ports; Miami container handling shut down by ongoing protest.
So. Calif. ports could face strike by office workers
Truckers strike shuts Port of Miami box handling
Boxes piling up on West Coast
Truckers want day-use fee delayed
Coast Guard says eight U.S.-bound ships a security risk
Freeport re-opens under police guard
Nations agree on joint Malacca patrols
FedEx adds central Japan service
Panama Canal back-up eases
Norfolk Southern, CP Rail in northeast service pact
MSC agrees return to Genoa Mediterranean Shipping Company (MSC) has agreed to return to Genoa in a big way by 2006.
China statistics boost carriers' northbound hopes Statistics released yesterday by the Australian Government will encourage carriers providing five new services on the China-Australia route to believe the trade can be something more than fundamentally one-way.
High charter rates create two tier market
Kandla bidders reduced to three
IMO happy with ISPS certification
Gold Star to offer China/Korea/Thailand/Vietnam service
ISPS deadline approaches Despite the approaching deadline for ISPS code implementation tomorrow both ports and ships have a long way to go. Only ...
Two to Bornholm - one started with two passengers! Bornholm Line AB has not yet been able to open its new service between Simrishamn and Allinge on Bornholm. Instead ...
"Prestige" master's appeal rejected A Spanish court has rejected an appeal from Greece to allow the master of "Prestige", Apostolos Mangouras, to return home ...
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