ISPS shirkers risk insurance hazards PORTS and terminals which fail to meet the July 1 deadline for mandatory ISPS Code compliance risk legal and commercial danger, according to a senior executive with the world's largest port and terminal insurer.
PSA expands wharves as ro-ro traffic soars PSA Corporation says its transhipment vehicle - or ro-ro - traffic has doubled over past three years to almost 400,000 car units passing through its multi-purpose terminals annually.
Aussie watchdog acts to bridle rate setting body AUSTRALIA's competition watchdog has made a preliminary recommendation to scrap part of the anti-trust immunity enjoyed by shipping line members of the rate setting Asia-Australia Discussion Agreement .
Pirates attack cargo ship off Irian Jaya ARMED pirates attacked the master of a general cargo ship after firing near the vessel in Indonesian waters and demanded US$5,000 for the release of two officers, the International Maritime Bureau's Piracy Reporting Centre said.
Ezra orders US$11m newbuilds to capture growth SINGAPORE offshore support and marine group Ezra Holdings has ordered US$11 million in newbuildings from Hong Kong's Cheoy Lee Shipyards to meet demand from the booming oil and gas industry.
TANKER RATES PERSIAN Gulf oil tanker rates for shipping crude to Asia rose as oil companies and traders rushed to book vessels for May before the Easter holidays in Europe.
Air and Land Transport
EU urged to accept partial airline pact THE European Union, which wants a full opening of the US$18 billion trans-Atlantic airline market, should settle for less initially or risk the breakdown of 'open skies' talks, US Transportation Secretary Norman Mineta said.
Air Canada seeks extension of bankruptcy protection
TBI passenger count up 13% in Q4
China Eastern chalks up huge loss
Amtrak train derails in rural Mississippi
LOG Book
Newbuilds
Cruise shipbuilding in the doldrums ITALIAN shipbuilder Fincantieri has something to celebrate following the announcement by Carnival Corporation that it has ordered a US$468 million cruise ship for delivery in 2007.
ISPS shirkers risk insurance hazards PORTS and terminals which fail to meet the July 1 deadline for mandatory ISPS Code compliance risk legal and commercial danger, according to a senior executive with the world's largest port and terminal insurer.
PSA expands wharves as ro-ro traffic soars PSA Corporation says its transhipment vehicle - or ro-ro - traffic has doubled over past three years to almost 400,000 car units passing through its multi-purpose terminals annually.
Aussie watchdog acts to bridle rate setting body AUSTRALIA's competition watchdog has made a preliminary recommendation to scrap part of the anti-trust immunity enjoyed by shipping line members of the rate setting Asia-Australia Discussion Agreement .
Pirates attack cargo ship off Irian Jaya ARMED pirates attacked the master of a general cargo ship after firing near the vessel in Indonesian waters and demanded US$5,000 for the release of two officers, the International Maritime Bureau's Piracy Reporting Centre said.
Ezra orders US$11m newbuilds to capture growth SINGAPORE offshore support and marine group Ezra Holdings has ordered US$11 million in newbuildings from Hong Kong's Cheoy Lee Shipyards to meet demand from the booming oil and gas industry.
TANKER RATES PERSIAN Gulf oil tanker rates for shipping crude to Asia rose as oil companies and traders rushed to book vessels for May before the Easter holidays in Europe.
Air and Land Transport
EU urged to accept partial airline pact THE European Union, which wants a full opening of the US$18 billion trans-Atlantic airline market, should settle for less initially or risk the breakdown of 'open skies' talks, US Transportation Secretary Norman Mineta said.
Air Canada seeks extension of bankruptcy protection
TBI passenger count up 13% in Q4
China Eastern chalks up huge loss
Amtrak train derails in rural Mississippi
LOG Book
Newbuilds
Cruise shipbuilding in the doldrums ITALIAN shipbuilder Fincantieri has something to celebrate following the announcement by Carnival Corporation that it has ordered a US$468 million cruise ship for delivery in 2007.
ISPS shirkers risk insurance hazards PORTS and terminals which fail to meet the July 1 deadline for mandatory ISPS Code compliance risk legal and commercial danger, according to a senior executive with the world's largest port and terminal insurer.
PSA expands wharves as ro-ro traffic soars PSA Corporation says its transhipment vehicle - or ro-ro - traffic has doubled over past three years to almost 400,000 car units passing through its multi-purpose terminals annually.
Aussie watchdog acts to bridle rate setting body AUSTRALIA's competition watchdog has made a preliminary recommendation to scrap part of the anti-trust immunity enjoyed by shipping line members of the rate setting Asia-Australia Discussion Agreement .
Pirates attack cargo ship off Irian Jaya ARMED pirates attacked the master of a general cargo ship after firing near the vessel in Indonesian waters and demanded US$5,000 for the release of two officers, the International Maritime Bureau's Piracy Reporting Centre said.
Ezra orders US$11m newbuilds to capture growth SINGAPORE offshore support and marine group Ezra Holdings has ordered US$11 million in newbuildings from Hong Kong's Cheoy Lee Shipyards to meet demand from the booming oil and gas industry.
TANKER RATES PERSIAN Gulf oil tanker rates for shipping crude to Asia rose as oil companies and traders rushed to book vessels for May before the Easter holidays in Europe.
Air and Land Transport
EU urged to accept partial airline pact THE European Union, which wants a full opening of the US$18 billion trans-Atlantic airline market, should settle for less initially or risk the breakdown of 'open skies' talks, US Transportation Secretary Norman Mineta said.
Air Canada seeks extension of bankruptcy protection
TBI passenger count up 13% in Q4
China Eastern chalks up huge loss
Amtrak train derails in rural Mississippi
LOG Book
Newbuilds
Cruise shipbuilding in the doldrums ITALIAN shipbuilder Fincantieri has something to celebrate following the announcement by Carnival Corporation that it has ordered a US$468 million cruise ship for delivery in 2007.
US oil draw sets bulls in motion Oil prices jumped by more than $1 per barrel today after the latest US government data revealed an unexpected fall in US stocks of crude and petroleum products.
Weak utility demand triggers low sulphur price flip Premium for 1% LSFO reversed by $3.50 pmt on aggressive selling from BP.
Russia opposes Baltic "special status" The International Maritime Organisation (IMO) on Friday declared the Baltic Sea as one of ten Particularly Sensitive Sea Areas (PSSA). The declaration was made in response to an appeal made by countries in the Baltic, with the exception of Russia.
US' EPA under pressure to slash MDO sulphur to 15ppm Oil companies raise concerns that significantly wider cuts to sulphur levels to include marine diesel oil could make it impossible for refineries to meet requirements.
Fishing vessel fined $113,000 for oily discharge
Rotterdam barges getting tight for Easter
New Saudi posted prices
Tanker and container traffic boom prompts another sales jump Year-on-year increases in demand for bunker fuel coincide with a rise in vessel calls in Singapore
Fraud case against former Curnow chiefs thrown out FIVE former directors of Curnow Shipping were cleared of criminal charges of conspiracy to defraud St Helena Line of '890,000 in Bristol Crown Court yesterday.
MOL smashes boxship charter record with $43,500-a-day rate IN A market where records are being smashed almost daily, MOL has nevertheless set a new standard by agreeing to the highest charter rate ever paid for a containership, writes Janet Porter.
Lloyd's 2003 pre-tax profits more than double to £1.89bn LLOYD'S of London saw 2003 pre-tax profits more than double to £1.89bn ($3.47bn), the insurance market announced yesterday.
Rebels see light at the end of the Eurotunnel Nicolas Miguet, leader of Eurotunnel's rebel investors, right, and Jacques Maillot, the founder and former head of French package-holiday company Nouvelles Frontieres, pose at the start of the Channel Tunnel operator's general assembly at Villepinte, north of Paris.
Saadé urges EC not to axe tax scheme CMA CGM chairman Jacques Saadé warned the European Commission yesterday to think twice before taking any decision to scrap France's tax lease shipfinancing scheme.
Curnow five acquitted FIVE Curnow Shipping directors were acquitted today when the judge ordered an end to their 13-week fraud trial, ruling that there was no case to answer
No light at the end of Eurotunnel EXECUTIVES of cross-channel ferry operators were reported to be closely monitoring developments this afternoon at the Eurotunnel AGM in Paris
BHP Billiton approves Chile project BHP Billiton has approved an $870M project in Chile that will produce an additional 180,000 tonnes of copper cathode per year
New Jersey port proposed THE South Jersey Port Corp has begun feasibility studies on the development of new port facilities in Paulsboro, New Jersey
Mostyn cleared for take-off AIRBUS has started to transfer the first consignment of wings for the 'Super Jumbo' from North Wales to Toulouse, France via the troubled Welsh port of Mostyn
Red Funnel completes expansion UK ferry operator Red Funnel has completed its £10M ($18.3M) investment programme with the delivery of the enlarged Red Falcon
Rail crisis coming, says Pacer exec Rail congestion squeezing supply of available containers could reach crisis proportions during the peak shipping season.
Record year for New York/New Jersey Container traffic up 8 percent, cargo value tops $100 billion for first time.
AADA reconsiders as importers warn of other targets Despite rejecting the Australian Competition and Consumer Commission's (ACCC) findings over 2003 rate-setting and capacity policies, ci-online understands the Asia-Australia Discussion Agreement (AADA) has already curtailed its aggressive 2004 policy.
Union Pacific faces California congestion Union Pacific, the largest US railroad, admitted yesterday that intermodal services from southern California face severe congestion, due to crew shortages and unexpectedly high shipping volumes.
Divided opinion as owners enter unchartered waters
China to Singapore rail link gets KL backing
Profits soar as CMA CGM announce top brass changes
Shortlisted bidders snub Mumbai offshore terminal
Fesco orders two boxships and reefer boxes
Booming Duisburg to join POP and PONL in Antwerp terminal
"Finnjet" may stay under Finnish flag Silja Line and the Finnish Seamen's Union are in negotiations to keep the Finnish flag on the ferry "Finnjet". A ...
Supply ship contracts to Norwegian yards Two new buildings contracts for supply vessels have been reported this week, in both cases for platform supply vessels. S ...
Drunken master caught in Finland The police test showed that the master of the Bahamian-flagged "Cemice" had a 2.0 permillage of alcohol in his ...
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