Maritime terrorists lurk in S-E Asia: expert A US-based security expert has sounded a dire warning on the seriousness of the threat of maritime terrorism to South-east Asian waters and in particular the Straits of Malacca, saying it's not a question of if or when, but where and how often.
Sovereignty obsession blunts region's steps INTERNATIONAL shipping is paying the price for the 'obsessive' emphasis on sovereignty in the Straits of Malacca, said anti-piracy advocate Alan Chan who is urging changes to the United Nations Convention on the Law of the Sea .
Lanka curbs Chemoil ship refuelling ops CHEMOIL Corp, which supplies 4 per cent of the world's marine fuel, said Sri Lanka has stopped its local unit from refuelling ships within Colombo port two weeks after it started operations.
Mitsui OSK expects LNG division profit to swell MITSUI OSK Lines Ltd, Japan's second-largest shipping company, said it expects annual current profit from liquefied natural gas operations to rise by half in the next two years as demand increases.
US warship's collision with dhow renews fears of suicide attacks THE US Navy is investigating how a small wooden boat was able to approach and ram into an aircraft carrier in the Persian Gulf last month, military officials said.
HK's Titan boosts oil tanker fleet TITAN Petrochemicals Group Ltd, a Hong Kong-based garment maker-turned oil transportation provider, bought the tanker VL Chios for US$24 million to increase the size of its oil fleet, the company said in a stock exchange statement.
Air and Land Transport
UK asked Alitalia to hike air fares: source BRITAIN's aviation authorities have asked Alitalia as recently as July to raise fares to avoid undercutting British Airways , an Alitalia source said on Tuesday, defending similar action announced recently in Italy.
Air traffic controllers warn of staffing shortage in Alaska
Cathay H1 below forecasts at HK$1.8b
AirAsia calls for policy on budget, full-service airlines
Maritime terrorists lurk in S-E Asia: expert A US-based security expert has sounded a dire warning on the seriousness of the threat of maritime terrorism to South-east Asian waters and in particular the Straits of Malacca, saying it's not a question of if or when, but where and how often.
Sovereignty obsession blunts region's steps INTERNATIONAL shipping is paying the price for the 'obsessive' emphasis on sovereignty in the Straits of Malacca, said anti-piracy advocate Alan Chan who is urging changes to the United Nations Convention on the Law of the Sea .
Lanka curbs Chemoil ship refuelling ops CHEMOIL Corp, which supplies 4 per cent of the world's marine fuel, said Sri Lanka has stopped its local unit from refuelling ships within Colombo port two weeks after it started operations.
Mitsui OSK expects LNG division profit to swell MITSUI OSK Lines Ltd, Japan's second-largest shipping company, said it expects annual current profit from liquefied natural gas operations to rise by half in the next two years as demand increases.
US warship's collision with dhow renews fears of suicide attacks THE US Navy is investigating how a small wooden boat was able to approach and ram into an aircraft carrier in the Persian Gulf last month, military officials said.
HK's Titan boosts oil tanker fleet TITAN Petrochemicals Group Ltd, a Hong Kong-based garment maker-turned oil transportation provider, bought the tanker VL Chios for US$24 million to increase the size of its oil fleet, the company said in a stock exchange statement.
Air and Land Transport
UK asked Alitalia to hike air fares: source BRITAIN's aviation authorities have asked Alitalia as recently as July to raise fares to avoid undercutting British Airways , an Alitalia source said on Tuesday, defending similar action announced recently in Italy.
Air traffic controllers warn of staffing shortage in Alaska
Cathay H1 below forecasts at HK$1.8b
AirAsia calls for policy on budget, full-service airlines
Prestige: Oil recovery reaches half-way mark Reports today said that the fuel oil removal operation from the wreck of the Prestige has reached the half-way stage.
Latest oil market data turn the screw another notch The latest weekly inventory figures from the US and monthly figures from the IEA sees the screw tighten a bit more on oil market fundamentals, but Saudi Arabia comes to the rescue.
Latest US oil inventory figures at a glance
Suez players bemoan lack of demand
Piraeus players busy as Greece gears up for long weekend Bunker nominations looking increasingly difficult near term with Greeks celebrating four-day weekend as Olympic games commence.
Rotterdam soft to steady this morning
South Korea: Excess bunker supply forecast after refinery fire A fire at the SK Corp refinery in Ulsan is expected to see more heavy sulphur fuel oil pumped into the bunker market in August.
Oil-carrying ships require $1bn financial assurance certificate Lawyers challenge the legality of new state legislation in Massachusetts which requires owners or charterers of vessels carrying oil or other hazardous material to have a certificate of financial assurance for $1 billion.
US demands 2,000-mile track and trace zone THE United States is pushing ahead with moves that would force all ships to carry equipment transmitting their identity and exact location at a range of 2,000 miles.
US told to get its house in order on short-range monitoring of ships AS THE US presses forward with its bid to secure international agreement on a new long-range vessel tracking system, its effort to establish a system to monitor ships closer to home is still woefully incomplete, shipping industry leaders charged yesterday, writes John McLaughlin in New York.
Queen Mary 2 sails into 'Fortress Piraeus' CUNARD Line's Queen Mary 2 yesterday docked in Piraeus amid draconian security surrounding the Olympic Games that will officially be inaugurated at tomorrow night's opening ceremony in Athens, writes Nigel Lowry.
Taiwan's CPC warned of terror risk TAIWANESE media has reported that the island's largest company is the latest to be threatened by the possibility of maritime terror, writes Sam Chambers in Hong Kong
Ambitious P&O wins right to run planned new box port near Calcutta EXPANSIVE British ports operator P&O has won a concession to run a $235m planned port facility in India's strategically important west Bengal region and its fourth container terminal serving rapid economic growth across the sub-continent.
Pertamina chiefs fired by Jakarta THE Indonesian government yesterday sacked the chief executive and a number of board members of state-owned oil firm PT Pertamina, writes Mark Warner.
Pertamina board sacked THE Indonesian government officially confirmed today that the board of directors of state-owned oil and gas company Pertamina, including its president, has been sacked
JNP third terminal signed THE license agreement for the development of a third container terminal at India's Jawaharlal Nehru port was signed yesterday
Barbados labour woes linger THE Barbados Workers Union (BWU) continued negotiations with the Barbados Port Authority this week, seeking to resolve a dispute over fired workers
Inland port planned in California PLANS to turn a former US Air Force base at Victorville into an inland port are being considered, aimed at reducing congestion at the ports of Los Angeles and Long Beach
ILA dissidents continue action DISSIDENT US longshoremen plan to press ahead in court to try and have the balloting that approved a new six-year contract set aside and a new election ordered
Mobile to build container facility ALABAMA State Ports Authority is now planning to move forward with its container transfer facility at the port of Mobile
Intermodal extends hot streak Domestic trailers help North American intermodal traffic to ninth consecutive growth quarter; int'l. containers still mainstay.
Low ratings for gov't. security: Survey Transportation executives point to holes in government-backed programs as cargo-manifest review or inspections.
Fla. ports plan for storms
Prototype phase for transport ID card
Charleston turns in record year
WTO rules against U.S. duties on Canadian lumber
Seattle won't redevelop Hanjin terminal
IANA, NITL, TIA set schedules for joint conference
Brokers anticipate new charter activity as summer lull draws to a close The main push in the charter market is still coming from the medium sizes as a lack of availability is squeezing charterers to pay more, says broker Howe Robinson.
APMT and POP secure Indian port concessions Both P&O Ports (POP) and AP Moller Terminals (APMT) have secured contracts to develop new terminals in India, the Danes on the West Coast and the British in Bengal.
Fosen secures finance to build Stena ropax vessels Fosen Mek. Verksteder has secured finance to build two ropax vessels through DnBNOR. The newbuildings are intended for Stena but ...
Danish fleet of livestock-carrier sold to Dutch competitor Danish Ship Finance has sold off more livestock-carriers from their wholly owned Corral Line situated in Gr'sten. After the ...
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