AFTER staging an impressive US$119 million turnaround this year, the world's fourth largest container shipping line, Royal P&O Nedlloyd, is changing course to bring a fine focus on yield management to firm-up its bottom line over the next 2-3 years.
Oil tanker rates may go up next year: Frontline
FRONTLINE Ltd, the world's biggest oil tanker company by capacity, may be able to charge more for space on ships loading a million barrels of oil or more next year as demand for the fuel grows.
Indonesia to build new port for auto exports
INDONESIA is going to build a new port in Ancol, in the northern part of capital Jakarta, to boost exports of automobiles, Trade and Industry Minister Rini Soewandi said.
Scandal rocks Rotterdam port
Admiralty Casebook
Respect safety rules in pilotage waters, Aussies warn ships THE Australian Transport Safety Bureau last week severely criticised the master of a passenger vessel for failing to properly plan his passage or take the advice of a local pilot while departing Townsville even though it was his first visit to the Queensland port.
AFTER staging an impressive US$119 million turnaround this year, the world's fourth largest container shipping line, Royal P&O Nedlloyd, is changing course to bring a fine focus on yield management to firm-up its bottom line over the next 2-3 years.
Oil tanker rates may go up next year: Frontline
FRONTLINE Ltd, the world's biggest oil tanker company by capacity, may be able to charge more for space on ships loading a million barrels of oil or more next year as demand for the fuel grows.
Indonesia to build new port for auto exports
INDONESIA is going to build a new port in Ancol, in the northern part of capital Jakarta, to boost exports of automobiles, Trade and Industry Minister Rini Soewandi said.
Scandal rocks Rotterdam port
Admiralty Casebook
Respect safety rules in pilotage waters, Aussies warn ships THE Australian Transport Safety Bureau last week severely criticised the master of a passenger vessel for failing to properly plan his passage or take the advice of a local pilot while departing Townsville even though it was his first visit to the Queensland port.
Fresh Yukos woes send crude to $45 Yukos claims expansion of asset freeze poses imminent threat to its production capacity.
Italy numbers jump as cargo rises take effect Sharp cargo gains borne out in Italian ports today, but summer supply squeeze expected to end soon.
Tokyo Bay escapes ill-effects of Typhoon season Tokyo Bay operations were not disrupted by the latest typhoon to hit Japan, and so far bunker prices have escaped the worst of crude-led gains.
Stock levels plunge, bunker sales soar in Singapore Period of near tank-top stock levels comes to dramatic end with 20% dip in fuel oil inventories as bunker sales in Singapore soar once more.
Singapore: Key suppliers out of spot market Continued terminal congestion, transportation problems and delays to incoming cargoes exacerbating already tight avails.
Rotterdam market firm after crude gains
Core Yukos unit being sized up for sale Sale of the Siberian production unit accounting for majority of Yukos' oil production looks inevitable after oil giant fails to pay off full tax bill in time.
Florida bunker players warn of hurricane shutdown Bunker players based in Miami, Florida, have warned customers that they will not be contactable in offices for at least a five-day period as Hurricane Frances bears down on the region.
Storm menacing US 'could be one of worst in history' HURRICANE Frances, the second ferocious storm to menace the Atlantic seaboard within three weeks, has begun to unleash chaos on the Bahamas and eastern Florida.
Samudera $200m newbuild plan to reduce charter exposure SAMUDERA Shipping Line is looking to order $200m worth of smaller containerships to reduce its exposure to the charter market.
Torrijos outlines Panama Canal vision MARTIN Torrijos has used his opening speech as Panama's new president to underline the importance of the Panama Canal as a motor for economic growth in the country, writes Rainbow Nelson in Panama City.
Norway rig lock-out ups heat in North Sea row THOUSANDS of Norwegian offshore oil workers were last night poised to be drawn into a major escalation of a two-month North Sea industrial conflict, as a rig lockout loomed at the stroke of midnight.
Hurricane Frances approaches US FEARING the worst from Hurricane Frances, most of Florida's east coast ports are ceasing operations with effect from 1300 hrs local time today
Safmarine boosts African service SAFMARINE will add additional capacity to its South Africa-West Africa service later this month when it adds a fourth multi-purpose vessel
Peel Holdings goes private CLYDEPORT owner Peel Holdings will complete its plan to go private with the signing of a '55M ($98M) loan to buy out minority shareholders
Canadian LNG plan proposed PETRO-Canada has proposed a joint $500M project with TransCanada Corp to build an LNG terminal north-east of Montreal, with a projected completion date of 2009
ABP assesses Dibden Bay future ASSOCIATED British Ports appears not to have ruled out the use of land in Dibden Bay, opposite Southampton port, for cargo handling activity
Meyer to head builders association BERNARD Meyer, head of Meyer Werft, has replaced Werner Sch'ttelndreyer as president of the country's builders' association VSM
Carriers propose to replace conference system in Europe In a dramatic manoeuvre aimed at encouraging the EC away from continuing to recommend complete withdrawal of conference-carriers' anti-trust immunity, carriers have proposed an alternative they believe will maintain similar market-stability.
Port Everglades shuts for Category 4 Frances
Off-window ships jam Australian terminals
Suape announces new services to US and Mediterranean
Virtual crane hotseat to hothouse new crane-drivers in Hamburg
Capacity lifted with additional berths in Kwai Chung
Free trade zone to be developed at Busan New Port
Freetown scanner reveals serious intentions for security
Nordcapital takes delivery of a 5,040TEU containership
300 in North Sea lockout About 300 unionised North Sea workers are hit by the North Sea lockout from midnight tonight. The lockout, which was ...
Female captain on Maersk "showboat" in København A.P. Møller-Mærsk is this week showing off at Langelinie in København where the latest container-giant "Albert Mærsk" is ...
Riga Sea Line launches new Latvia-Sweden ferry service The Latvian ferry operator Riga Sea Line starts a new ferry link between Riga and Nyn'shamn, South of Stockholm. The ...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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