Singapore terminals act to cut congestion delays BETTER communication was one of the solutions to the unprecedented congestion delays at Singapore's main container terminals discussed yesterday by PSA Corporation and the Singapore Shipping Association.
PTP volumes hit record 2 million TEUs in H1 THE neighbouring Malaysian Port of Tanjung Pelepas is riding the current wave of global cargo movement, posting a record 2.01 million TEUs for the first six months this year, up 25 per cent over last year.
Pacific Basin's IPO raises HK$1b PACIFIC Basin Shipping Ltd, a Hong Kong-based dry bulk shipper, raised HK$1.09 billion from an IPO priced near the middle of expectations after it drew solid demand from institutional investors.
ITF warns against using ISPS for union busting THE International Transport Workers' Federation has warned that it will be on the lookout for misuse of the new International Ship and Port Facility Security Code as a weapon against port unions.
China ship collision leaves one dead ONE sailor was killed after a Chinese ship and a Korean vessel collided off northeast China's Lushun City yesterday morning.
China Shipping sees 50% jump in H1 profit CHINA Shipping Development Co Ltd, mainland's second-largest shipping firm, said yesterday it expects first-half net profit to rise by over 50 per cent, partly due to higher freight rates.
Air and Land Transport
SilkAir crash: US firm told to pay US$44m PARKER Hannifin Corp, the world's largest maker of hydraulic equipment, was told by a Los Angeles jury to pay US$43.6 million to the families of three people killed in a 1997 crash of a SilkAir Pte plane in Indonesia.
Boeing announces first European orders for 7E7
Higher June traffic for Europe carriers
SIA Cargo to expand aircraft fleet
Log Book
Admiralty Casebook
Proceedings allowed despite delayed statement of claim THE Singapore Court of Appeal last month upheld the ruling of the High Court allowing a cargo claim to proceed despite the fact that the statement of claim was filed and served well out of time.
Singapore terminals act to cut congestion delays BETTER communication was one of the solutions to the unprecedented congestion delays at Singapore's main container terminals discussed yesterday by PSA Corporation and the Singapore Shipping Association.
PTP volumes hit record 2 million TEUs in H1 THE neighbouring Malaysian Port of Tanjung Pelepas is riding the current wave of global cargo movement, posting a record 2.01 million TEUs for the first six months this year, up 25 per cent over last year.
Pacific Basin's IPO raises HK$1b PACIFIC Basin Shipping Ltd, a Hong Kong-based dry bulk shipper, raised HK$1.09 billion from an IPO priced near the middle of expectations after it drew solid demand from institutional investors.
ITF warns against using ISPS for union busting THE International Transport Workers' Federation has warned that it will be on the lookout for misuse of the new International Ship and Port Facility Security Code as a weapon against port unions.
China ship collision leaves one dead ONE sailor was killed after a Chinese ship and a Korean vessel collided off northeast China's Lushun City yesterday morning.
China Shipping sees 50% jump in H1 profit CHINA Shipping Development Co Ltd, mainland's second-largest shipping firm, said yesterday it expects first-half net profit to rise by over 50 per cent, partly due to higher freight rates.
Air and Land Transport
SilkAir crash: US firm told to pay US$44m PARKER Hannifin Corp, the world's largest maker of hydraulic equipment, was told by a Los Angeles jury to pay US$43.6 million to the families of three people killed in a 1997 crash of a SilkAir Pte plane in Indonesia.
Boeing announces first European orders for 7E7
Higher June traffic for Europe carriers
SIA Cargo to expand aircraft fleet
Log Book
Admiralty Casebook
Proceedings allowed despite delayed statement of claim THE Singapore Court of Appeal last month upheld the ruling of the High Court allowing a cargo claim to proceed despite the fact that the statement of claim was filed and served well out of time.
Singapore terminals act to cut congestion delays BETTER communication was one of the solutions to the unprecedented congestion delays at Singapore's main container terminals discussed yesterday by PSA Corporation and the Singapore Shipping Association.
PTP volumes hit record 2 million TEUs in H1 THE neighbouring Malaysian Port of Tanjung Pelepas is riding the current wave of global cargo movement, posting a record 2.01 million TEUs for the first six months this year, up 25 per cent over last year.
Pacific Basin's IPO raises HK$1b PACIFIC Basin Shipping Ltd, a Hong Kong-based dry bulk shipper, raised HK$1.09 billion from an IPO priced near the middle of expectations after it drew solid demand from institutional investors.
ITF warns against using ISPS for union busting THE International Transport Workers' Federation has warned that it will be on the lookout for misuse of the new International Ship and Port Facility Security Code as a weapon against port unions.
China ship collision leaves one dead ONE sailor was killed after a Chinese ship and a Korean vessel collided off northeast China's Lushun City yesterday morning.
China Shipping sees 50% jump in H1 profit CHINA Shipping Development Co Ltd, mainland's second-largest shipping firm, said yesterday it expects first-half net profit to rise by over 50 per cent, partly due to higher freight rates.
Air and Land Transport
SilkAir crash: US firm told to pay US$44m PARKER Hannifin Corp, the world's largest maker of hydraulic equipment, was told by a Los Angeles jury to pay US$43.6 million to the families of three people killed in a 1997 crash of a SilkAir Pte plane in Indonesia.
Boeing announces first European orders for 7E7
Higher June traffic for Europe carriers
SIA Cargo to expand aircraft fleet
Log Book
Admiralty Casebook
Proceedings allowed despite delayed statement of claim THE Singapore Court of Appeal last month upheld the ruling of the High Court allowing a cargo claim to proceed despite the fact that the statement of claim was filed and served well out of time.
Mixed messages point to continued crude price volatility The latest weekly oil inventory data from the US contained both bullish and bearish elements, while underlying concern about supply persist.
'First' bunker service launched in Chile's north zone Copec Marine Fuels unveils barging services in Chile's 1st and 2nd zones.
US oil inventories at a glance
Polish refinery changes trigger supply fears 'Off-spec' residual product not suitable for bunker market after changes to key refinery's production process leaves avails tight.
Rotterdam holds steady despite early crude rise
Intertanko challenges state-level oil spill bill Intertanko lawyer urges US federal government to quash state move on spill-bill legislation.
Singapore fuel oil stocks soar to record levels Rise follows hot on the heels of significant take-up of arbitrage bookings from Europe to Asia, raising spectre of bearish bunker and cargo markets through July and August.
ULCC booked to ship record Asia-bound cargo arbitrage Record fixture to ease Rotterdam congestion but continued weak demand from China in Singapore could see island state market over-supplied.
ISPS/MTSA: Coast Guard completes the first week Commandant says "relativly small number" of non-compliant vessels and facilities
Barwil offices will give ISPS guidance Now there's a BSO (Barwil Security Officer) at each of Barwil's 243 offices worldwide
OMI no longer pursuing Stelmar acquisition Will focus on integration of 14 vessels being acquired from Athenian Sea Carriers and Arcadia Ship Management
Crowley reports smooth transition to new security regime One week after the implementation of new security measures at ports across the U.S., Crowley Liner Services vessels and cargoes are continuing to move with no unexpected delays
Critics round on TOP Tankers' $230m offering AN INITIAL public offering which could raise almost $230m has been announced by TOP Tankers, a Greek company controlled by the Pistiolis family. Four of the handymaxes will have a base rate of $14,500 per day.
OMI drops pursuit of Stelmar bid OMI is not pursuing a merger with former bid target Stelmar Shipping "at this time", writes Tony Gray.
Damages threat to Pertamina sale IN AN unexpected twist to Pertamina's sale of two very large crude carriers to Frontline utilities company Karaha Bodas is said to be attempting to seize the vessels as part payment of a $261m damages award.
Panama tops coastguard ISPS offender list A WEEK on from the introduction of the International Ship and Port Facility Security Code, the world's largest register is leading the league table of vessels hit by US Coastguard inspections.
Criminalisation of seafarers 'turning young recruits away' SHIPOWNERS' worst fears about the impact of criminalising polluters may be coming true, with early signs that the attraction of a career at sea is fading in some major seafaring countries.
Shell and Qatar Petroleum clinch GTL deal ONE of the world's largest gas-to-liquids projects has taken an important step forward, writes Tony Gray.
Stelmar deal dead, says OMI AS recently as last week, OMI said it might still be open to talking with Stelmar about co-operation, but today it definitively said it is not - at least in the near term
Coast Guard defends scuttling vessels RESPONDING to a human rights group, the US Coast Guard says it has been boarding and scuttling vessels off several Latin American countries as a safety precaution
PSA tackles problems of plenty SINGAPORE container terminal operator PSA and the Singapore Shipping Association have held talks to discuss how to resolve congestion following surging volumes
EU challenges UK Customs over booze THE European Commission has criticised UK Customs for heavy-handed action on ferry passengers' alcohol and tobacco purchases
Truck strike continues at Miami LAST week's strike by independent US hauliers was supposed to end on 4 July and while the work stoppage ended early at most ports, Miami, Florida continues to suffer
Ship runs aground at Beira THE 9,866dwt South African coaster Pongola is still aground after running onto one of the notorious sandbanks on the approaches to the Mozambique port of Beira on 6 July
Chinese bid to meet intermodal demand with double stack trains The Chinese Ministry of Railway's intermodal arm, the China Railway Container Transport Centre (CRCTC) has introduced US-style double stack trains between Shanghai and Beijing.
Lines warn of reefer slot shortage as breakbulk service folds
Truckers strike jams Miami Port
Key issues for Australia's Part X review revealed
Swiss approve 50% increase in heavy vehicle toll
Coolboxx offers reefer alternative
Modern Terminals to scan all containers by September
Genmar, OMI tankers in collision Officials assess damage after capesizes collide in Quanzhou.
Wang sworn in at UECC Car carrier confirms change in top management as Jaeger steps down.
Vafias ventures into China Greek owner and broker establish Eastern Star Maritime to tap booming shipping market.
German yard merger 'by end July' Shipyard sources think they know the when but not the where of the HDW-Thyssen Krupp merger.
Flare survivors settle suit Greek operator Trade Fortune has settled with victims over a 1998 break-up that cost 21 lives.
French flag down panamax The French eye-in-the-sky has diverted its biggest ship yet to Brest for suspected maritime pollution.
LPG carrier in fatal collision A South Korean gas carrier has been held at Dalian after the sinking of a Chinese ship.
Idle ships hit gas pool Shortage of product hits new semi-refrigerated joint venture plunging IM Skaugen into the red.
Trasmed tunes up order Spanish ferry owner wants five newbuildings to replace ageing Strait of Gibraltar vessels, which could boost struggling Izar yard.
NCL lends Lloyd Werft $37m A German bankruptcy court has put Werner Luken back in control of the troubled yard.
Yard and owner tie knot Ukraine's Kilia plant merges with cargoship operator Ukrainian Danube Shipping.
TOP Tankers files IPO Expanding Greek owner plans to offer 13.3m shares in US listing.
Pongola aground off Beira Tom Worden feeder containership gets into trouble off coast of Mozambique.
Wan Hai adds air shares Taiwanese box line's Chen family continues to pour cash into China Airlines, fuelling talk of alliance.
CSDC set for bumper growth Interim profits set for year-on-year jump of at least 50% says Hong Kong-listed shipowner.
Pacific Basin sets IPO price Handysize bulker operator has raised HKD1.1bn after setting offer pricing at HKD2.50 per share.
No Gotland traffic to Balticum - yet Rederi AB Gotlands plans for a new ferry service between the island of Gotland and Balticum will not be launched ...
80 non-ISPS compliant vessels in US waters 38 vessels were detained in US ports and 42 vessels were denied entry to ports in the USA during the ...
Norwegian offshore strike escalates The Norwegian oil worker union OFS has filed to withdraw its notice of strike on the rig "Deep Sea Delta ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
