Structural issues to impact freight rates SUPPLY and demand will become less of a factor in determining container freight rates as a better understanding of the dynamics of today's global liner shipping environment takes hold, according to the head of Neptune Orient Lines' container division.
Samsung delivers world's largest container ship SOUTH Korea's Samsung Heavy Industries Co said yesterday it has completed the world's largest container ship, ordered by a Canadian shipping company.
Lawsuit against PSA dismissed PSA Corp has won the lawsuit brought against it by Eastern Light Engineering for alleged breach of contract.
US curbs 3 oil tankers under ISPS regime THE United States restricted operations of three oil tankers calling at its ports from July 1 to July 5 under new United Nations maritime counter-terrorism laws but did not deny them entry, shipping brokers said yesterday.
Saudi firm gets US$160m loan to buy tankers SAUDI shipping firm National Chemical Carriers on Tuesday signed loan agreements worth US$160 million with three Saudi and regional banks to finance the purchase of six chemical tankers, a statement said.
Dockers' strike disrupts operations at Marseille port A 24-hour strike by dockers in the southern French port of Marseille yesterday disrupted some goods traffic although oil exports and passenger travel were unaffected, the port authority said.
Air and Land Transport
China gets ready for budget carriers CHINA is preparing its civil aviation regulatory framework for the inevitable entry of budget carriers into that vast country.
China may widen air service agreements with Asean
Sydney Airport evacuates terminal after security breach
Structural issues to impact freight rates SUPPLY and demand will become less of a factor in determining container freight rates as a better understanding of the dynamics of today's global liner shipping environment takes hold, according to the head of Neptune Orient Lines' container division.
Samsung delivers world's largest container ship SOUTH Korea's Samsung Heavy Industries Co said yesterday it has completed the world's largest container ship, ordered by a Canadian shipping company.
Lawsuit against PSA dismissed PSA Corp has won the lawsuit brought against it by Eastern Light Engineering for alleged breach of contract.
US curbs 3 oil tankers under ISPS regime THE United States restricted operations of three oil tankers calling at its ports from July 1 to July 5 under new United Nations maritime counter-terrorism laws but did not deny them entry, shipping brokers said yesterday.
Saudi firm gets US$160m loan to buy tankers SAUDI shipping firm National Chemical Carriers on Tuesday signed loan agreements worth US$160 million with three Saudi and regional banks to finance the purchase of six chemical tankers, a statement said.
Dockers' strike disrupts operations at Marseille port A 24-hour strike by dockers in the southern French port of Marseille yesterday disrupted some goods traffic although oil exports and passenger travel were unaffected, the port authority said.
Air and Land Transport
China gets ready for budget carriers CHINA is preparing its civil aviation regulatory framework for the inevitable entry of budget carriers into that vast country.
China may widen air service agreements with Asean
Sydney Airport evacuates terminal after security breach
Turkish supplier boosts bunkering fleet Istanbul-based supplier adds fully-owned tanker to its barge fleet.
Istanbul suppliers keen to pick up slack from Piraeus Prices down this afternoon in well-supplied Turkish hub.
Low demand masks Piraeus supply problems Refinery maintenance reduces supply in major Greek port.
Bullish South Korean bunkers on par with Japan Lack of demand has led to more competitive Japanese bunker prices.
IMO mulls new oil tanker safety measures for Europe Suppliers and barge operators facing additional regulations aimed at preventing environmental disaster in 'PSSA', large 'bunker carriers' could also be affected.
Chinese fuel oil trader expands Singapore team Key importer also looking to expand storage facilities in island state.
Rotterdam steady at noon
Latest: Autumn restart for Batumi bunkering Local supplier reveals that new regulations for bunker activity set to be put in place by autumn, not July, following months of upheaval.
China syndrome helps push bulkers back to boomtime Two weeks ago, Tai Chong Cheang paid Louis Dreyfus $45m for a second hand capesize which perked the bulk sale and purchase market up considerably. "Similar ships might now go for $50m, giving a solid foundation for period business," a Hong Kong broker commented.
Laem Chabang plan to treble its box capacity THE Port Authority of Thailand has opened a tender for a massive expansion of Laem Chabang that will treble the capacity of the country's main box port.
Container lines mull ISPS charge CONTAINER lines around the world are planning to introduce security charges to cover the cost of complying with new global anti-terrorist rules, writes Janet Porter.
ABP all-clear to build DFDS ferry terminal at Immingham ASSOCIATED British Ports has been given the necessary government go-ahead to build a '35m ($62m) five-berth riverside ferry terminal at the Humberside port of Immingham.
Strike threat adds to US west coast jam A BOTTLENECK of ships at the ports of Los Angeles and Long Beach caused by the US Independence Day holiday weekend has been exacerbated by the threat of a dockers' strike that could entirely shut down the US west coast's economic hub, writes Rajesh Joshi in New York.
Terminals struggle with security rules TWENTY terminals across the US and its Caribbean territories are undergoing strenuous Coast Guard scrutiny as most remain closed and operators struggle to bring their facilities into ISPS compliance
US visa delays hit Indian seafarers INDIA'S seafarers and ship managers have been hit by delay in getting US visa permits
Chile to give port back to public THE north Chilean port of Iquique plans to restore public access to parts of the port and to attract tourism and cruise ships
EU warns failing member states THE European Commission has launched a succession of legal complaints and final warnings against EU member states failing to implement maritime safety laws
Alstom aid comes with conditions FRENCH government aid that will be used to restructure beleaguered engineering group Alstom will be subject to strict conditions
Shipbuilding matters: Antonini CORRADO Antonini, chairman of Italian ship yard group Assonave, has called on the Italian government to enforce measures to protect the industry or watch it decline
Maersk Sealand diverting Miami ships Container operations at Florida port crippled as strike by independent truckers enters tenth day.
Talks continue on So. Cal. clerks pact Talks between union representing 750 office workers in Southern California, shipping lines slated to resume today.
CMA CGM launches bid for 50% share in Zeebrugge terminal CMA CGM has launched a bid for a 50% share in Zeebrugge's OCHZ container terminal, and secured agreement in principle, the carrier's president has confirmed.
Two industry cures offered for congested Rotterdam
Port Everglades hails MSC lease as potential 83,800TEU boon
CN announces US$800million financing for rail, marine acquisitions
Ninth string not a stretch, says Maersk
New services may have missed the charter boat
China Shipping newbuild to be launched into AAS service
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