S'pore Straits back on piracy area list THE Singapore Straits has become the world's latest piracy-prone waterway with a disturbing spike in attacks in the first quarter of 2004, the International Maritime Bureau's Piracy Reporting Centre has noted.
It's the region's responsibility: M'sia FOREIGN Minister Syed Hamid Albar has reiterated that the responsibility for ensuring the peace and security of the Straits of Malacca rests with the littoral states.
Strong rates propel P&O Nedlloyd back into profit A budding recovery in container shipping rates helped Dutch shipper Royal P&O Nedlloyd to a first-quarter profit and the firm reiterated its forecast that the industry was set for more growth.
Gulf firms launch US$430m line THE Gulf emirate of Dubai has announced the setting up of Gulf Energy Maritime , a US$430 million shipping company and a joint venture with Abu Dhabi and Omani government firms.
Over 70 injured in Yangtze ship collision MORE than 70 people were injured when a passenger ship and an oil tanker collided in the Yangtze near Chongqing in south-west China, state media said yesterday.
SHIP SALES WHILE chartering rates have been under pressure, especially with the banking restrictions in China squeezing cash availability, a reversal in the downward trend in the rates for panamax bulkers has improved in the last few days.
Air and Land Transport
Airbus counting on A380 to lift profit, beat Boeing AIRBUS SA, the world's largest planemaker, expects total sales of its planned 555-seat A380 airliner to exceed 1,000 planes over the model's lifetime, chief executive officer Noel Forgeard said.
EADS reviewing Boeing subsidies for breach
SIA insured against US award to crash kin
Security cited for closure of new Teheran airport after one landing
Australia to deploy air marshals on some US flights
Liner Scene
Mixed messages from the container business IT has been quite a fortnight for mixed signals in the box trades.
S'pore Straits back on piracy area list THE Singapore Straits has become the world's latest piracy-prone waterway with a disturbing spike in attacks in the first quarter of 2004, the International Maritime Bureau's Piracy Reporting Centre has noted.
It's the region's responsibility: M'sia FOREIGN Minister Syed Hamid Albar has reiterated that the responsibility for ensuring the peace and security of the Straits of Malacca rests with the littoral states.
Strong rates propel P&O Nedlloyd back into profit A budding recovery in container shipping rates helped Dutch shipper Royal P&O Nedlloyd to a first-quarter profit and the firm reiterated its forecast that the industry was set for more growth.
Gulf firms launch US$430m line THE Gulf emirate of Dubai has announced the setting up of Gulf Energy Maritime , a US$430 million shipping company and a joint venture with Abu Dhabi and Omani government firms.
Over 70 injured in Yangtze ship collision MORE than 70 people were injured when a passenger ship and an oil tanker collided in the Yangtze near Chongqing in south-west China, state media said yesterday.
SHIP SALES WHILE chartering rates have been under pressure, especially with the banking restrictions in China squeezing cash availability, a reversal in the downward trend in the rates for panamax bulkers has improved in the last few days.
Air and Land Transport
Airbus counting on A380 to lift profit, beat Boeing AIRBUS SA, the world's largest planemaker, expects total sales of its planned 555-seat A380 airliner to exceed 1,000 planes over the model's lifetime, chief executive officer Noel Forgeard said.
EADS reviewing Boeing subsidies for breach
SIA insured against US award to crash kin
Security cited for closure of new Teheran airport after one landing
Australia to deploy air marshals on some US flights
Liner Scene
Mixed messages from the container business IT has been quite a fortnight for mixed signals in the box trades.
S'pore Straits back on piracy area list THE Singapore Straits has become the world's latest piracy-prone waterway with a disturbing spike in attacks in the first quarter of 2004, the International Maritime Bureau's Piracy Reporting Centre has noted.
It's the region's responsibility: M'sia FOREIGN Minister Syed Hamid Albar has reiterated that the responsibility for ensuring the peace and security of the Straits of Malacca rests with the littoral states.
Strong rates propel P&O Nedlloyd back into profit A budding recovery in container shipping rates helped Dutch shipper Royal P&O Nedlloyd to a first-quarter profit and the firm reiterated its forecast that the industry was set for more growth.
Gulf firms launch US$430m line THE Gulf emirate of Dubai has announced the setting up of Gulf Energy Maritime , a US$430 million shipping company and a joint venture with Abu Dhabi and Omani government firms.
Over 70 injured in Yangtze ship collision MORE than 70 people were injured when a passenger ship and an oil tanker collided in the Yangtze near Chongqing in south-west China, state media said yesterday.
SHIP SALES WHILE chartering rates have been under pressure, especially with the banking restrictions in China squeezing cash availability, a reversal in the downward trend in the rates for panamax bulkers has improved in the last few days.
Air and Land Transport
Airbus counting on A380 to lift profit, beat Boeing AIRBUS SA, the world's largest planemaker, expects total sales of its planned 555-seat A380 airliner to exceed 1,000 planes over the model's lifetime, chief executive officer Noel Forgeard said.
EADS reviewing Boeing subsidies for breach
SIA insured against US award to crash kin
Security cited for closure of new Teheran airport after one landing
Australia to deploy air marshals on some US flights
Liner Scene
Mixed messages from the container business IT has been quite a fortnight for mixed signals in the box trades.
Crude flirts with $40, sights on new all-time high Front-month WTI crude at last clawed its way to the psychological resistance level of $40 per barrel today, but appeared to have trouble breaking above that plateau.
DNVPS: Bunker contamination could have caused disaster DNV Petroleum Services MD described it as 'pure luck' that bunker contamination incidents like the recent cases in Fujairah and Oman have not ended in 'huge disasters'.
SMP gives further hint at Fujairah return Major supplier tells Bunkerworld that no full comment can be provided until 'regulatory standards are in place'.
Rotterdam: Little movement since yesterday
Clock ticking as shipowners rush for ISPS compliance With just over fifty days left to meet ISPS requirements only 20% of 30,000 ships certified compliant, reports claimed today.
Congress faces battle over forcing coast guard to vet all US port calls THE US House of Representatives has restated its backing for a measure requiring ships calling at US ports to be equipped with security plans approved specifically by the US Coast Guard.
Dunwoody lashes British port policy BRITISH ports policy, including the rejection of ABP's Dibden Bay project, is being influence by rival container developments in mainland Europe, an influential MP has told Parliament.
Thales stake in new Gulf tanker company FRENCH defence contractor Thales said on Friday that it had no plans to diversify into tanker shipping following the announcement that it had taken a 5% stake in a new tanker company which has been set up by the United Arab Emirates and Oman, writes Andrew Spurrier in Paris.
Informa completes Taylor & Francis merger INFORMA, publisher of Lloyd's List, has completed its £1.1bn ($2.1bn) merger with Taylor & Francis, Europe's fourth-largest science and medical publisher, in a deal that becomes effective today, writes Christopher Mayer.
Stelmar raises $107M in ship deal EXPLOITING the 'positive market conditions for second-hand values,' Stelmar Shipping has completed a five-year sale and lease-back deal for all nine of its pre-1990 Handymax ships, resulting in proceeds of $107M for the company
US wants final say on foreign SSPs DEMOCRATS in the US House of Representatives want the Coast Guard to approve security plans of foreign shipping companies, a move that would over-ride IMO provisions
Louisiana deepwater channel planned WHEN completed this July, $4M in environmental impact studies should pave the way for a deep water channel from the Gulf of Mexico to the Port of Iberia in Louisiana
Canada seeks C$1M pollution fine LEGISLATION to raise oil pollution fines on ships to C$1M ($723,000) has been introduced in the Canadian parliament by environment minister David Anderson
Rotterdam digs deep for QM2 ROTTERDAM is digging deep to attract the world's largest cruise ship, but there is a problem to overcome first
POL sacks its president POLISH Ocean Lines sacked its president this week following accusations that she had been acting against the company's best interests
More gains for China container imports Manufacturing shift will help eastbound Pacific register more strong gains this year, according to Trade Horizons report.
China spurs P&O Ports volume The British ports operator said the first-quarter was marked by record box traffic in China, India.
Transportation Index rebounds
Canada will help pay for increased port security
Strong quarter for Singapore cargo
Deutsche Post sets logistics spending binge
East China sea-rail gateway boosts logistics
Evergreen plans Australia/Far East service
Strike averted at Indian terminal
Seller of sportswear survives on supply chain smarts
Oakland drivers maintain strike in spite of rate rise offer Truck drivers in Oakland continued their strike today Friday, despite offers from most trucking companies to give significant raises and pass on a fuel surcharge.
Busan gives port fee incentives to small carriers Busan Port Authority (BPA) gave approval today to cargo handling incentives for lines with volumes of less than 200,000TEU, or under 20% increase in transhipment cargo, from next year.
Canadian Ports welcome Government security funding
Truckers strike spreads east
Court ruling gives green light to Houston's Bayport project
Oakland protestors are a 'supreme irritation' say APL
HMM further expands its fleet of post-panamax containerships
Competition prompts German barge owners' round-table
Russia raises export charge for crude oil The Russian Government has decided to raise the export charge for crude oil to USD 41.5-41.6 per ton from ...
Bad bunkers could have caused disaster A VLCC suffered engine breakdown and started to drift in the South China Sea after having bunkered contaminated fuel in ...
The orderbook continues to grow The number of vessels ordered during the first quarter was 20 per cent higher than in the corresponding quarter last ...
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