PSA among key players in new Dalian project PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.
Air and Land Transport
India seeks lower price for aircraft purchases INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet
Admiralty Casebook
M'sian carrier wins C$6m in damages from Canada govt THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.
PSA among key players in new Dalian project PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.
Air and Land Transport
India seeks lower price for aircraft purchases INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet
Admiralty Casebook
M'sian carrier wins C$6m in damages from Canada govt THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.
PSA among key players in new Dalian project PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.
Air and Land Transport
India seeks lower price for aircraft purchases INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet
Admiralty Casebook
M'sian carrier wins C$6m in damages from Canada govt THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.
Crude prices ease after US stock build It remains to be seen if rising OPEC production will help boost US oil inventories in the coming weeks.
US oil inventory figures show stock gains across the board
OPEC compromise leads to 2m bpd quota increase OPEC hopes today's decision will help ease oil prices, but much depends on decline in huge 'terror premium'.
Japanese demand good despite high numbers Booming Chinese economy boosts bunkering in Japan.
Italy slips down on the back of retreating cargo
Annex VI welcomed but IBIA warns of disruptive regional moves Long-awaited global ratification greeted warmly by bunker industry association but European timetable still an option for sulphur capping.
Still no breakthrough in dispute over EU taxes Polish suppliers locked in discussions with Customs officials as EU excise tax dispute rumbles on.
Car carrier calamity at Antwerp after blaze Salvors were negotiating last night with the Lebanese owners of Sea Trust , a car carrier that underwent a heavy list at Antwerp after a vehicle fire.
Owners blast flag states for ISPS Code delays SHIPOWNERS have come out fighting ahead of the industry's July 1 security deadline, squarely blaming flag states for the worrying failure to certify the world fleet on time.
Opec output rise boosts tankers TANKER markets look set fair for the rest of the year after the Organisation of Petroleum Exporting Countries agreed to raise production quotas by 2m barrels a day yesterday.
OMI accuses Stelmar of hindering talks OMI has stepped up the pressure on bid target Stelmar Shipping, imposing a deadline of next Wednesday for the Greek tanker operator to enter talks with its US rival.
Norovirus hits Island Princess ABOUT 350 passengers and crew on board Princess Cruises' Island Princess were stricken with a Norovirus this week as the vessel cruised off south-east Alaska, the Carnival Corp subsidiary has confirmed.
Jo Tankers restructures JO Tankers, the privately owned Norwegian chemical carrier group, will close two offices in the Far East and consolidate key operations in its headquarters in Bergen
Upgrades for La Plata THE Port Authority of La Plata, Argentina has completed dredging the access channels and basins to 8.5m, and has announced new port enhancements
Beef and Poultry ban extends rates ASIAN bans on US beef and poultry have compelled one group of carriers to extend its current contracts and defer planned rate hikes until after 30 November
New cold storage at Rosario A NEW refrigerated warehouse - the port's first - was completed and opened last month at the Argentine River Plate port of Rosario
PNSC's redundancy move falters REDUNDANCY efforts launched by Pakistan's national flag carrier PNSC have hit snags after a court ruling reinstated 300 out of 401 employees laid off three years ago
U.S. could bar non-ISPS ships New guidelines aimed at protecting U.S. from ships that called at ports not in compliance with UN security rules.
Import bans stall meat rate hikes Lines that carry refrigerated meat to Asia hold rates pending lifting of foreign bans on imports of U.S. beef, poultry.
Pacific lines extend reefer service contracts as Asian meat bans are maintained Uncertainty caused by meat and poultry bans has caused carriers operating on the westbound Pacific trades to extend reefer service contracts to the end of November.
Malaysian shippers ask for government intervention on THCs Following a breakdown in negotiations between the Transpacific Stabilization Agreement (TSA) and Malaysian shippers, the latter are going to pressurise the government to enact legislation to solve the issue.
Unions threaten action as Suape 'flouts' law
Vessel charges too high TAMP tells JNPT
Shenzhen throughput grows a significant 32% in first five months
Stelios weighs in Founder urges Stelmar to respond to OMI offer, and warns bye-law change will erase stock gains.
Stolt sells pipeline arm Division raises $40m as part of disposal of non-core assets.
Royal Olympic misses deadline Cruise line asks for 15 more days to file 2003 results with SEC.
Greek tanker held in Georgia Vassilios Shipping vessel, with two crew still onboard, accused of illegal cargo discharge in breakaway Abkhazia region in 2002.
Svithoid raises newbuilding cash Swedish newcomer will issue shares to back tanker order in Russia.
Bank buys into MMM HSBC builds a 10% stake in Malaysian tanker and bulker owner.
Hanjin Heavy on the up Korean yard raises operating profit forecast by a fifth for this year as overseas orders pour in.
ShipServ wins Anglo-Eastern deal Internet supply company bags contract for Hong Kong company's 140 managed vessels.
New berth for top broker Stephen Hirst to be managing director of RFIB marine insurance business.
Russia wants end to dire straits Conference urged to settle question of congested transit through Bosporus and Dardenelles.
Malta Shipyards under threat Lack of first quarter profit puts jobs at risk at restructured shipbuilding and repair group.
Ringbakken joins DNK Intertanko executive recruited to develop war risks mutual.
Suez Canal revenue up in April Receipts from ships plying the strategic Middle Eastern waterway increased by 12% year-on-year.
TEN seals tidy profit on resale Greek owner set to clear $9m on sale of Hyundai Mipo MR tanker newbuilding to Australian Navy.
Thoresen seals Sanko bulker buy Thai bulker player expands to 45 ships with acquisition of Japanese owned handysize ship.
Island Princess hit by bug Norovirus lays nearly 350 passengers and crew low on weeklong Princess Cruises trip to Alaska.
IRISL slams agent Iranian line protests against Maltese company's claims it was treated unfairly.
Wartsila gets technical Finnish ship engine group buys two Dutch electrical shiprepair outfits.
Swedish tonnage tax investigation delayed The Swedish ministry of finance has not yet initiated the promised investigation into a tonnage based tax system for Swedish ...
Jo Tanker slims operation Jo Tanker - the chemical tanker owner/operator - is cutting around 30 staff and closing offices in Japan and Singapore and ...
Fosen close to new contract Fosen Mekaniske Verksteder (FMV) is close to securing a ro-ro nwbuilding, according to FMV spokesman Reidar Gullesen. Talks with ...
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