HK-listed lines post robust profits HONG Kong-listed shipping companies have been turning in sharply stronger first-half profits after China-led global trade pushed freight rates higher - a trend several industry watchers say could carry into 2005.
Hanjin Shipping's Q2 earnings rise 13% HANJIN Shipping Co, South Korea's largest shipping line, said profit rose 13 per cent in the second quarter because it carried more cargo and raised freight rates.
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Air and Land Transport
Virgin Blue faces a bumpy ride as new rival, fuel prices hit earnings AUSTRALIAN discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analysts say.
BA seen flying back into the black in Q1
EasyJet says fares, yield fell
Thailand's mega-airport still struggling to materialise
Swiss wins back blocked funds
Admiralty Casebook
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Dockyard
Calling at US ports? Make sure oil record book is in order LAST week, tanker owners' group Intertanko took up its cudgel when it found out that two US oil terminals had simply banned anybody at all, other than agent, pilot and surveyor, from visiting vessels at their facilities.
HK-listed lines post robust profits HONG Kong-listed shipping companies have been turning in sharply stronger first-half profits after China-led global trade pushed freight rates higher - a trend several industry watchers say could carry into 2005.
Hanjin Shipping's Q2 earnings rise 13% HANJIN Shipping Co, South Korea's largest shipping line, said profit rose 13 per cent in the second quarter because it carried more cargo and raised freight rates.
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Air and Land Transport
Virgin Blue faces a bumpy ride as new rival, fuel prices hit earnings AUSTRALIAN discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analysts say.
BA seen flying back into the black in Q1
EasyJet says fares, yield fell
Thailand's mega-airport still struggling to materialise
Swiss wins back blocked funds
Admiralty Casebook
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Dockyard
Calling at US ports? Make sure oil record book is in order LAST week, tanker owners' group Intertanko took up its cudgel when it found out that two US oil terminals had simply banned anybody at all, other than agent, pilot and surveyor, from visiting vessels at their facilities.
HK-listed lines post robust profits HONG Kong-listed shipping companies have been turning in sharply stronger first-half profits after China-led global trade pushed freight rates higher - a trend several industry watchers say could carry into 2005.
Hanjin Shipping's Q2 earnings rise 13% HANJIN Shipping Co, South Korea's largest shipping line, said profit rose 13 per cent in the second quarter because it carried more cargo and raised freight rates.
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Air and Land Transport
Virgin Blue faces a bumpy ride as new rival, fuel prices hit earnings AUSTRALIAN discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analysts say.
BA seen flying back into the black in Q1
EasyJet says fares, yield fell
Thailand's mega-airport still struggling to materialise
Swiss wins back blocked funds
Admiralty Casebook
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Dockyard
Calling at US ports? Make sure oil record book is in order LAST week, tanker owners' group Intertanko took up its cudgel when it found out that two US oil terminals had simply banned anybody at all, other than agent, pilot and surveyor, from visiting vessels at their facilities.
HK-listed lines post robust profits HONG Kong-listed shipping companies have been turning in sharply stronger first-half profits after China-led global trade pushed freight rates higher - a trend several industry watchers say could carry into 2005.
Hanjin Shipping's Q2 earnings rise 13% HANJIN Shipping Co, South Korea's largest shipping line, said profit rose 13 per cent in the second quarter because it carried more cargo and raised freight rates.
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Air and Land Transport
Virgin Blue faces a bumpy ride as new rival, fuel prices hit earnings AUSTRALIAN discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analysts say.
BA seen flying back into the black in Q1
EasyJet says fares, yield fell
Thailand's mega-airport still struggling to materialise
Swiss wins back blocked funds
Admiralty Casebook
US court throws out ABS claim Spain mishandled oil slick A US court hearing a case brought by Spain against the American Bureau of Shipping has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters.
Dockyard
Calling at US ports? Make sure oil record book is in order LAST week, tanker owners' group Intertanko took up its cudgel when it found out that two US oil terminals had simply banned anybody at all, other than agent, pilot and surveyor, from visiting vessels at their facilities.
China: Commercial oil products tankage to double in 2 years Independents lead the way in tankage investment in China as surging fuel oil imports demand more space.
Baltic sees calmer end to busy week Heavy demand in St. Petersburg exception to the rule today.
Crude oil scales new heights in 'runaway' market Analysts predict $50 oil on fears that supply side will fail to keep pace with demand growth.
Indonesia: Sunken ship spills oil waste cargo
Titan sees first half profits quadruple China-backed shipowner, oil trader and bunker company sees policy for rapid investment and growth pay dividends.
Call to boost European energy security as oil surges The EU commissioner for Energy and Transport renews calls for bigger European oil reserves as soaring prices highlight supply vulnerability.
Rotterdam fuel oil steady despite crude surge
MPA: 'Bunker surveyors pleaded guilty' Singapore's Maritime and Port Authority (MPA) says that the three bunker surveyors accused of corruption pleaded guilty today.
Surveyors suspended as new scandal erupts Three surveyors in Singapore, one of of which was under contract with DNV Petroleum Services (DNVPS), are under investigation in the latest corruption probe by Singapore's Corrupt Practices Investigation Bureau (CPIB).
Xiamen: The next port for rapid bunker growth Chimbusco eye rapid bunker market growth as south-eastern Chinese port is earmarked for massive investment in container terminals.
Lawyers attack EU moves to criminalise sea polluters LAW firm Ince & Co has slammed the latest draft of European Union proposals which criminalise maritime pollution offences, rejecting the notion that amendments made by the Council of Transport Ministers represent a compromise solution.
Ports lag on ISPS regime MORE than 10% of ports that need to comply with the International Ship and Port Facility Security Code have still to meet the necessary standards more than one month after the implementation deadline.
ABP faces strike threat after pay offer is rejected ASSOCIATED British Ports employees are to be balloted on industrial action, in a move that could spark the first national ports strike since the Thatcher government scrapped the National Dock Labour Scheme in 1989, writes David Osler.
DNVPS surveyors plead guilty to corruption in Singapore THREE bunker surveyors subcontracted by DNV Petroleum Services in Singapore have pleaded guilty to corruption charges.
Lloyd's List Bunker 60 is launched LLOYD'S List has strengthened its markets coverage with the addition of Bunker 60 to its range of maritime news services.
Joint cruise ops at Civitavecchia CARNIVAL Corp, through its Italian subsidiary Costa Crociere, and Royal Caribbean Cruises have agreed to jointly manage cruise operations at Civitavecchia, Italy, under the terms of a multi-year concession to be granted by the local port authority
New Argentine flagging requirements ARGENTINA is introducing new policy to attract domestic owners back to the Argentine flag by severely cutting the advantages of being flagged out
OOIL reports tripling of profits A COCKTAIL of strong container volumes combined with a solid level of freight rates has resulted in a more than tripling of profits for Hong Kong's Orient Overseas International
Caspian box trade starts RUSSIAN maritime sources have reported the first customs clearance of containers through Iran transported on the expanding Caspian route between Iran and Russia
More congestion seen for LA-LB PORT users and workers this week painted a pessimistic picture concerning plans for congestion relief for the Ports of LA-LB
Weaver's Coves passes EIS hurdle PLANS for a $250M LNG facility in Massachusetts are moving closer to fruition with the completion of the environmental impact statement and the scheduling of public hearings
Guangzhou and Xiamen expansionists seek foreign investment Ambitious port and free trade zone expansion plans at Guangzhou and Xiamen has been announced, with the port-cities seeking foreign investment to add to promised state-sector funding.
Canadian ports mull free trade zones Canada should seriously consider establishing free trade zones (FTZs) at its major ports to cut red tape, attract investment and improve competitiveness with US ports.
Israeli docks action continuing, despite union agreement
Coscon enhances transpacific and Asia/Europe service
Korea/China rates to go up
Hamburg anticipates 150,00TEU annual windfall from South China Express
Gotthard base tunnel not before 2015
Northport hauliers agreed to a grace period for the new data entry practice
Asian and Indian exporters help boost Virginia fiscal-year growth 9.3%
OMI whistleblower wins $2.1m Third engineer aboard Guadalupe helped feds learn of pollution trail, takes half of OMI's $4.2m fine in New Jersey sentencing.
Ferguson in the red Glasgow shipbuilder loses cash in 2003, but is more optimistic about this year.
Oaktree dumps Genmar stock Largest stakeholder's 19% cut said to further drop in tanker owner's share price this week.
Black Sea tensions rising Georgian threat to ships visiting separatist state of Abkhazia.
Tug and barge rip up El Paso platform The charterer of a JJ Ugland barge is being accused of tearing up a US natural-gas facility with it.
MOL wins Sakhalin deal Japanese giant to haul equipment for Russian LNG/oil terminal.
It's over! TMM finally persuades investors to exchange bond debt, avoiding Chapter XI filing.
OOIL triples profit Shareholders rewarded as company hikes interim dividend.
Nordea says no thanks Banks are leery of financing a Stena shipbuilding project in Norway.
Sea Containers in $10m loss First-half disappoints despite box boom and solid Silja result.
Ro-lo engine burns off Sardinia Another Navibulgar ship has run into operational trouble.
Polnocna expects to double profit Gdansk yard will complete 18 ships this year as it plots growth path.
Flensburger in pole position German shipyard tops list for BC Ferries' CAD 500m three-ship deal.
Yen bites Mitsui Japanese shipbuilder pushed to first quarter loss by stronger currency.
Death bulker back in court Greed caused the death of 12 seafarers, say German prosecutors.
Tankers shine at Titan Crude transportation arm chips in over 60% of interim profits at China-backed owner and oil trader.
CSDC in profit surge China Shipping's tanker arm sees profits soar on back of import boom.
Adsteam gets UK tug cuts British trade union agrees to Aussie towage and ports group's plans for reduced crewing levels.
Toei and Kyoei in the black Smaller Japanese owners make positive start to financial year.
TOP takes Doubtless Newly listed shipowner takes delivery of first in a series of ten tankers acquired from Sovcomflot.
Wartsila powers forward Record shipbuilding activity lifts results for engine-maker but market cooling as yards full-to-capacity.
Fosen secures three orders Fosen Mek. Verksteder has secured orders for three ro-ro vessels, of which two are for Stena. However, all the ...
DNV contracted bunker surveyor charged A bunker quality surveyor contracted by DNV Petroleum Services (DNVPS) appeared in court in Singapore today charged with corruption. The ...
London's maritime position threatened London's position as the world's pre-eminent provider of maritime services in threatened, according to a new report published by ...
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