Shipowners push terms on seafarers ASIAN shipowners have reiterated their stand that seafarers' conditions should reflect the social and economic standards of their home countries, even while noting a 'serious' shortage of Asian seafarers.
Freight rates soar to record levels on China demand WORLD freight shipping prices, particularly the cost of transporting dry raw materials, are steaming ahead at record levels, powered mainly by China's insatiable demand for bulk levels of imported commodities.
China ports race to cash in on boom Beiliang port in Dalian is eyeing a much bigger catch than the clams in the nets of the fishermen who line the wharf of this fast-growing Chinese city.
China Shipping plans bond sale to fund fleet expansion
Air and Land Transport
3 missing as ship catches fire THREE people were missing and eight rescued after a fire ripped through a South Korean cargo ship sailing off the southernmost island of Jeju yesterday, police said.
Shipowners push terms on seafarers ASIAN shipowners have reiterated their stand that seafarers' conditions should reflect the social and economic standards of their home countries, even while noting a 'serious' shortage of Asian seafarers.
Freight rates soar to record levels on China demand WORLD freight shipping prices, particularly the cost of transporting dry raw materials, are steaming ahead at record levels, powered mainly by China's insatiable demand for bulk levels of imported commodities.
China ports race to cash in on boom Beiliang port in Dalian is eyeing a much bigger catch than the clams in the nets of the fishermen who line the wharf of this fast-growing Chinese city.
China Shipping plans bond sale to fund fleet expansion
Air and Land Transport
3 missing as ship catches fire THREE people were missing and eight rescued after a fire ripped through a South Korean cargo ship sailing off the southernmost island of Jeju yesterday, police said.
PDVSA unit rejects single hull in wake of spill Oil company gives first indications it will no longer accept single hulled product tankers in the wake of last week's spill in Philadelphia.
World bunker prices reach levels not seen for months Plummeting crude markets and ample supply of fuel oil have seen global bunker prices plunge to levels not seen for several months.
Special Economic Zones could make Indian bunkers attractive New Indian bunker supplier has plans to secure special economic status in more ports to allow for Indian prices to compete in the global market.
CP Ships bosses made 'improper trades' in own firm's shares PRESSURE is mounting on Ray Miles, chairman and interim chief executive of CP Ships, after the company admitted that he and a number of other senior executives made improper trades in CP Ships in May and June this year, just months before the liner group was forced to restate its earnings due to accounting errors.
Costs threaten profits on Asia-Europe trades Cost pressures are threatening to ensure the profit progress of contain-er lines in the Asia-Europe trades is halted in 2005, the Far Eastern Freight Conference has warned, writes Tony Gray.
Sweden in new Estonia probe after Russian spy kit claims SWEDEN is to launch a fresh probe into the sinking a decade ago of the Estonia with the loss of 852 passengers' lives amid allegations that the ferry was carrying Russian spying kit obtained by Swedish security services, writes Jerry Frank.
Canadian ship carrying illegal explosives had operational links to gun-running Karine A A CANADIAN-owned vessel arrested for illegally bringing explosives to Central America has past operational links with Karine A , the ship raided by Israeli commanders for gun-running in 2002.
CP exec trades deemed inappropriate CP Ships reported today that share trading in May and June by chairman Ray Miles and other top executives 'should not have taken place'
Crew trapped as tanker catches fire THREE seafarers have been trapped after fire broke out on an LPG tanker in seas off Jeju Island in South Korea on Sunday
China targets Dalian expansion CHINA is providing incentives to foreign shipping companies to set up operations at Dalian port
Two ships run aground in Japan TWO Japanese flagged ships have come to grief during typhoon-driven storm force winds, which hit Japan over the weekend
FEFC faces up to soaring costs IT will be a challenge for lines to keep control of costs next year despite predicting a 17% increase in cargo on the Asia-Europe trade, FEFC chairman Adolf Adrion said today
Atlantic LNG safe after quake ATLANTIC LNG has given the 'all clear' after a strong earthquake struck Trinidad yesterday
Carriers threaten withdrawal from Australia, over Part X Container-lines, led by Maersk Sealand, have warned Australia's Productivity Commission (PC) they will consider withdrawing services if the recommended revocation of Part X of the Trade Practices Act goes ahead.
CP Ships share-trading investigation reports CP Ships has announced that certain company officers must provide restitution after an investigation determined certain May and June stock-trading activities 'should not have taken place', but found 'no intent to violate applicable securities laws.'
'We got it right' on capacity, say FEFC carriers, though WB/EB gap widens
European terminal capacity proves major constraint in Asia-Europe trade, says FEFC
Port of Long Beach recovers from logjam to produce record October
Eurogate Hamburg to extend onto the Elbe bank
Tacoma forecasts 19% box-growth in 2005, thanks to infrastructure projects
Sparks fly on net wages Bergen-based ferry owner/operator Fjord Line accuses politicians, who are opposed to net wages beyond 1 January 2006, for ...
Skuld announces 7.5 per cent general increase Skuld P&I has announced a 7.5 per cent general increase in premiums, which would be one of the lowest ...
Japanese yards short of steel Japanese yard are worried about steel deliveries and may have to lower the pace of production. Steel deliveries are already ...
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