Major Japanese lines chalk up robust profits ROBUST China trade and the global economic recovery helped offset higher fuel prices and the appreciation of the yen against the US dollar for Japan's three major shipping lines Nippon Yusen KK , Mitsui OSK Lines and Kawasaki Kisen Kaisha in the first first nine months of their financial year.
Star Cruises sells second ship, SuperStar Aries MALAYSIA's Star Cruises has sold its second cruise ship in less than a month, offloading Kuala Lumpur-home ported SuperStar Aries to leading Spanish passenger liner group Pullmantur Cruises.
Kaohsiung port slides to No 6 TAIWAN's main container port, Kaohsiung, has slipped to sixth place on the global throughput ladder after recording 4.1 per cent volume growth in 2003.
Aussie maritime industry given March 1 deadline to submit security plans AUSTRALIA's maritime industry has been set a March 1 deadline to submit security plans to the government ahead of the global implementation of new legislation for port and ship security.
Wharf's MTL to take 65% of Shenzhen port project WHARF Holdings' Modern Terminals Ltd said yesterday that it would take a 65 per cent stake in the initial phase of the Dachan Bay container terminal project in China's southern boom town of Shenzhen.
Closer checks at Channel A British immigration official uses a kit to test carbon dioxide levels on a lorry waiting to cross the English channel at Laon-Plage near Dunkirk.
Security watch CHARLES Clasen of the Crescent River Port Pilots Association watches a vessel make a turn at Algiers Point in the Mississippi River at New Orleans, one of a handful of US ports that uses a sophisticated GPS vessel-tracking system.
Air and Land Transport
THAILAND's third budget airline wants to avoid a price war with its competitors, maintaining that the domestic market is large enough to accommodate them all.
Boeing, Airbus eye orders from low cost sector
Air France-KLM deal gets regulatory approval
Qantas to start direct Brisbane- LA flights in June
Garuda's profit down 76% last year
US passenger screening plan behind schedule
Admiralty Casebook
Marine Insurance Act applies to marine pleasure craft policy THE High Court of Australia decided last year that an insurance policy described as a 'marine pleasure craft policy' was indeed a marine insurance policy and one to which the Marine Insurance Act would apply, but the decision was not unanimous.
Major Japanese lines chalk up robust profits ROBUST China trade and the global economic recovery helped offset higher fuel prices and the appreciation of the yen against the US dollar for Japan's three major shipping lines Nippon Yusen KK , Mitsui OSK Lines and Kawasaki Kisen Kaisha in the first first nine months of their financial year.
Star Cruises sells second ship, SuperStar Aries MALAYSIA's Star Cruises has sold its second cruise ship in less than a month, offloading Kuala Lumpur-home ported SuperStar Aries to leading Spanish passenger liner group Pullmantur Cruises.
Kaohsiung port slides to No 6 TAIWAN's main container port, Kaohsiung, has slipped to sixth place on the global throughput ladder after recording 4.1 per cent volume growth in 2003.
Aussie maritime industry given March 1 deadline to submit security plans AUSTRALIA's maritime industry has been set a March 1 deadline to submit security plans to the government ahead of the global implementation of new legislation for port and ship security.
Wharf's MTL to take 65% of Shenzhen port project WHARF Holdings' Modern Terminals Ltd said yesterday that it would take a 65 per cent stake in the initial phase of the Dachan Bay container terminal project in China's southern boom town of Shenzhen.
Closer checks at Channel A British immigration official uses a kit to test carbon dioxide levels on a lorry waiting to cross the English channel at Laon-Plage near Dunkirk.
Security watch CHARLES Clasen of the Crescent River Port Pilots Association watches a vessel make a turn at Algiers Point in the Mississippi River at New Orleans, one of a handful of US ports that uses a sophisticated GPS vessel-tracking system.
Air and Land Transport
THAILAND's third budget airline wants to avoid a price war with its competitors, maintaining that the domestic market is large enough to accommodate them all.
Boeing, Airbus eye orders from low cost sector
Air France-KLM deal gets regulatory approval
Qantas to start direct Brisbane- LA flights in June
Garuda's profit down 76% last year
US passenger screening plan behind schedule
Admiralty Casebook
Marine Insurance Act applies to marine pleasure craft policy THE High Court of Australia decided last year that an insurance policy described as a 'marine pleasure craft policy' was indeed a marine insurance policy and one to which the Marine Insurance Act would apply, but the decision was not unanimous.
Major Japanese lines chalk up robust profits ROBUST China trade and the global economic recovery helped offset higher fuel prices and the appreciation of the yen against the US dollar for Japan's three major shipping lines Nippon Yusen KK , Mitsui OSK Lines and Kawasaki Kisen Kaisha in the first first nine months of their financial year.
Star Cruises sells second ship, SuperStar Aries MALAYSIA's Star Cruises has sold its second cruise ship in less than a month, offloading Kuala Lumpur-home ported SuperStar Aries to leading Spanish passenger liner group Pullmantur Cruises.
Kaohsiung port slides to No 6 TAIWAN's main container port, Kaohsiung, has slipped to sixth place on the global throughput ladder after recording 4.1 per cent volume growth in 2003.
Aussie maritime industry given March 1 deadline to submit security plans AUSTRALIA's maritime industry has been set a March 1 deadline to submit security plans to the government ahead of the global implementation of new legislation for port and ship security.
Wharf's MTL to take 65% of Shenzhen port project WHARF Holdings' Modern Terminals Ltd said yesterday that it would take a 65 per cent stake in the initial phase of the Dachan Bay container terminal project in China's southern boom town of Shenzhen.
Closer checks at Channel A British immigration official uses a kit to test carbon dioxide levels on a lorry waiting to cross the English channel at Laon-Plage near Dunkirk.
Security watch CHARLES Clasen of the Crescent River Port Pilots Association watches a vessel make a turn at Algiers Point in the Mississippi River at New Orleans, one of a handful of US ports that uses a sophisticated GPS vessel-tracking system.
Air and Land Transport
THAILAND's third budget airline wants to avoid a price war with its competitors, maintaining that the domestic market is large enough to accommodate them all.
Boeing, Airbus eye orders from low cost sector
Air France-KLM deal gets regulatory approval
Qantas to start direct Brisbane- LA flights in June
Garuda's profit down 76% last year
US passenger screening plan behind schedule
Admiralty Casebook
Marine Insurance Act applies to marine pleasure craft policy THE High Court of Australia decided last year that an insurance policy described as a 'marine pleasure craft policy' was indeed a marine insurance policy and one to which the Marine Insurance Act would apply, but the decision was not unanimous.
Houston: Cargo barges still tied up as avails tighten
ARA markets firm with crude amid good supply
Barge fee competition continues in Richards Bay The stage is set for a new barge rate 'war' between South Africa's two barge operators Smit Dudula Marine (Pty.) Ltd. (Smit) and FFS Bunkers (Pty.) Ltd. (FFS) as the two companies battle for customers in Richards Bay.
Singapore/Rotterdam bunker spread shrinks further The latest fall in Singapore IFO380 bunker prices brought the premium compared to Rotterdam down to about $30 per metric tonne (mt) today, compared to a reported nine-month high of $42 last week.
Experienced trader joins Wired Bunkering
Singapore distillate stocks recover from 4-year low
Japan levels still unaffected by crude
Singapore fuel oil values fall on bearish outlook Strong crude prices have failed to fire up the Singapore fuel oil market this week, a clear sign that a bearish outlook is weighing the market down. Up to four VLCCs with arbitrage cargoes of HSFO are expected to arrive in Singapore in March.
Italy finally catches up with crude rises
B@S launch new 'flexible' tanker barge Belgium-based bunker supplier Bunkers at Sea (B@S) said today that its latest coastal tanker barge, the 7,000 metric tonne (mt) capacity Sara was ready for operation. The Sara, like its sister vessel, the 3,500 mt Vera is one of the few coastal tanker barges in Europe capable of meeting spot bunkering requirements in locations as diverse as northern Spain, Ireland and Norway.
MPA warns shipowners after four killed by pirates The Maritime & Port Authority (MPA) of Singapore has issued warnings to ships to be vigilant after it emerged that four crew members of an oil product tanker were shot dead by pirates in the Malacca Straits last week after the vessel's owner failed to pay an earlier agreed upon ransom.
O'Neil calls for IMO to widen horizons FORMER International Maritime Organization head William O'Neil outlined key issues the United Nations agency and world shipping need to resolve in a speech to the Hong Kong Shipowners' Association yesterday, writes Sam Chambers in Hong Kong.
CMA CGM eyes stake in Ningbo FRENCH line CMA CGM is seeking to buy a stake in Ningbo, one of the fastest growing container ports in China.
Singapore in Malacca Strait security call SINGAPORE has renewed a call for greater sea-lane security in the the Malacca Strait as details emerged of the slaughter by pirates of four crew of a tanker hijacked in the area.
Prediction of transpacific slowdown angers box lines CONTAINER lines have been left reeling by a new study predicting a dramatic slowdown in the all-important transpacific trades.
North of England Club tells owners to prepare for ISPS perils SHIPOWNERS have been warned that the International Ship and Port Facility Security code will have a huge impact on fundamental commercial aspects of their business.
Festival in sea of rumours FESTIVAL Cruises has told travel agents that it has lost control of its three Discovery-class ships - Flamenco, Bolero and The Azur. The ships are currently laid up in Gibraltar in the possession of JP Morgan and a syndicate of banks
More injured in Izar clashes FIFTEEN Spanish yard workers and a journalist were today injured in further clashes with police in Cadiz as strikes continue at Izar shipyards across the country
Sacramento bids to stay solvent IN a bid to avoid bankruptcy, the governing board at the California port of Sacramento voted this week to borrow $1M to keep the deep-water facility solvent
GenMar posts impressive turnround GENERAL Maritime Corp has reported an impressive reversal to its 2002 losses on the back of increased charter rates and the Metrostar acquisition
Hamburg cruise resorts to boxes HAMBURG has taken the term 'box terminal' literally by building a cruise terminal out of containers to cater for the 40 or so cruise calls expected this summer
Ship Finance to acquire tankers TWO tanker owning companies whose vessels are about to be released from their long term charter commitments could be acquired by Ship Finance International
Profits soar for Japanese carriers NYK Line, MOL and "K" Line said higher freight rates helped nine-month profits more than double full-year earnings for the previous fiscal year.
Bill to keep ports open post-attack Measure would limit shutdowns to ensure flow of trade through U.S. gateways.
Bird flu leads to more bans on U.S. chickens
Economy will drive earnings, recovery in 2004
ITC: China to be textile 'supplier of choice'
FedEx completes Kinko's buy
Indian ports cut vessel charges
SST box program expands to S. Africa, adds Taiwan port
NYK seeks to convince alliance partners of Ceres Paragon's virtues Ceres Paragon Terminal (CPT) in Amsterdam is the subject of negotiations which could fill it, but NYK - which owns 50% of CPT - must convince NYK Line's partners to move.
In the Moodys: PSA gears up for Indian push as credit rating agency gives thumbs up to restructuring After PSA Corporation's difficulties in Tuticorin and Pipavav, the port operator plans to forge links with local partners for its bids at Kochi, Kandla, Vizhinjam and Ennore.
NYK subsidiary TSK Line to launch new intra-Asia service
APL targets Asian trade to India's domestic manufacturers
New agreement with tribe enables Port of Tacoma expansion
Ship shortage powers used vessel market
Senator Murray criticises Bush over port security
GT Nexus holds portal to carriers and US Customs open to 3PLs
Another record year for the Port of Karlshamn The last ten years, cargo volumes handled by the Port of Karlshamn in Southeastern Sweden has increased by 160 per ...
Cruise challenge in the Bay of Bothnia 100 cruise calls in ports around the Bay of Bothnia and double up by 2010. That is the scope for ...
"Rocknes": Search operation terminated - vessel to be repaired The diving operation in the hull of the "Rocknes" has been terminated. The bodies after two seafarers are still missing ...
- 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
