Corporatisation of major Indian ports mooted ONGOING reform of India's port sector will see gradual corporatisation of major ports across the country, starting with its largest container port at Mumbai, according to the government's recently released Economic Survey 2003-2004.
Teekay replaces tanker as crew refuses Iraq call TEEKAY Shipping Corp, the world's biggest oil tanker operator by market value, replaced a tanker that was scheduled to load crude oil in Iraq after the crew refused to call at the nation's largest terminal because of concern about their security, the ship's owner said.
S Korea boosts ship security after threats THE South Korean government has decided to beef up security measures on ships and aircraft that frequent dangerous regions.
Union deal averts strike at US ports SHIPPING line operators and clerical workers have reached a tentative agreement on a new contract, averting a strike that could have shut down the nation's largest port complex.
German port on high alert for Queen Mary 2 visit PORT authorities in northern Germany will go on top alert for the visit of the world's biggest luxury cruise line, the Queen Mary 2, the Hamburger Morgenpost reported.
Refugee ship allowed to moor off Sicily ITALY let a ship carrying 37 African shipwreck victims moor near a port in Sicily and promised humanitarian assistance, but it stopped short of letting it dock, the Interior Ministry said.
Air and Land Transport
US Airways asks unions to accept more wage cuts US Airways' financial problems are putting it at risk of losing its federal loan guarantees, the airline's chief executive warned in a message to employees, pleading with them to accept a third round of cuts in wages and benefits.
Corporatisation of major Indian ports mooted ONGOING reform of India's port sector will see gradual corporatisation of major ports across the country, starting with its largest container port at Mumbai, according to the government's recently released Economic Survey 2003-2004.
Teekay replaces tanker as crew refuses Iraq call TEEKAY Shipping Corp, the world's biggest oil tanker operator by market value, replaced a tanker that was scheduled to load crude oil in Iraq after the crew refused to call at the nation's largest terminal because of concern about their security, the ship's owner said.
S Korea boosts ship security after threats THE South Korean government has decided to beef up security measures on ships and aircraft that frequent dangerous regions.
Union deal averts strike at US ports SHIPPING line operators and clerical workers have reached a tentative agreement on a new contract, averting a strike that could have shut down the nation's largest port complex.
German port on high alert for Queen Mary 2 visit PORT authorities in northern Germany will go on top alert for the visit of the world's biggest luxury cruise line, the Queen Mary 2, the Hamburger Morgenpost reported.
Refugee ship allowed to moor off Sicily ITALY let a ship carrying 37 African shipwreck victims moor near a port in Sicily and promised humanitarian assistance, but it stopped short of letting it dock, the Interior Ministry said.
Air and Land Transport
US Airways asks unions to accept more wage cuts US Airways' financial problems are putting it at risk of losing its federal loan guarantees, the airline's chief executive warned in a message to employees, pleading with them to accept a third round of cuts in wages and benefits.
Shell divestments 'not specific' to marine business Global divestments part of programme to upgrade oil major's business portfolio.
EU oil stock figures mirroring US fundamentals New monthly figures reveal ample crude stocks but tight supply of refined products, and speculators have already begun piling into winter fuel futures.
Intertanko slams 'unacceptable' EU single-hull delays Tanker association says EU's previous branding of IMO as too slow 'now rings hollow' as shortage of translators blamed for snail's pace fusion of IMO and EC single-hull regulations.
Friday's crude loss brings little change to Rotterdam
Thai governement eyes low sulphur fuel oil imports Demand for LSFO from electricty company as gas usage hits full capacity.
EU legislation could see $65 premium for low sulphur fuel oil Low sulphur fuel oil could carry a premium of as much as $65 pmt over high sulphur product as EU legislation drives demand higher.
Ventspils oil handling drops 20% Russian pipeline operator Transneft's focus on Primorsk sees numbers fall off in Latvia's key oil export port.
Terror threat puts East Asia in a spin CONFUSION surrounds an alleged threat to shipping lines made by an Islamic militant group linked to al-Qa'eda over the weekend.
Waw Kwong VLCC pulled as crew refuse to go to Iraq THE threat of a terrorist attack on ships destined for Iraq had one immediate effect, with Wah Kwong Shipping Holding's chairman George Chao citing it as a primary reason for his crew onboard the very large crude carrier, Venture Spirit, pulling out of a scheduled charter for Teekay to the country, writes Sam Chambers.
FEFC rates rise misses $300 target SHIPPING lines have secured further freight rate increases on the booming Asia-Europe trade although the amount is below the ambitious level of $300 per teu they had targeted.
Italy allows aid ship carrying Sudanese refugees to enter Sicilian port ITALIAN authorities gave permission yesterday for the German aid ship Cap Anamur to enter the port of Empedocle on Sicily, writes Katrin Berkenkopf in Cologne .
Statoil blaze at Mongstad cuts Norwegian oil output NORWAY'S largest refinery, Mongstad, is running at half capacity after a fire damaged a crude oil unit and injured two people, writes Martyn Wingrove.
Net threat: HK remains calm HONG Kong police say there has been no specific intelligence to suggest maritime safety is under threat, after an armed Islamic group's website vowed to attack ships from the territory
Indians to develop Iranian port IRAN'S Ports and Shipping Organization has signed a $100M contract with a consortium of Indian companies to establish a container terminal at the port of Chabahar
Customs unveils new bond regime US Customs & Border Protection has announced details of new, drastically higher rates for 'continuous' bonds
Stelmar refutes latest Stelios charge STELIOS Haji-Ioannou has unleashed a fresh set of accusations at the Stelmar board
JNPT strike paralyses exports MORE than 2,500 export boxes are held up at various container freight stations in and around Jawaharlal Nehru Port, as a result of three-day-long strike
Miami truck strike continues INDEPENDENT truck drivers at the Port of Miami say they will continue their two-week old strike despite a federal court order to go back to work
Feeder operators to levy ECT congestion charge Shortsea carriers in the Iberia to North Europe trades will impose a congestion surcharge for ECT in Rotterdam, the UK/North West Continent Portugal and Vigo Conference announced today.
Rate increase forecasts on major trades dip Freight rate increases on the Asia/Europe and Asia/US trades seem a bit unpredictable, according to financial analysts and at least one line, due to an increase in carrier capacity.
BPA invests further in Busan New Port
US Lines in East Coast slot charter deal with Zim
EC backs rail-signalling study
Stavanger expands HMM equity
ISPS sees six ships denied entry to Canadian ports
Two persons dead after sinking of a 104 year old schooner Two persons drowned early Sunday morning when the schooner "Martha" sank in Kattegat some 15 miles northeast of Grenaa. The ...
Tärntank in major deal with A.P. Møller-Maersk Danish A.P. Møller-Maersk has signed a five-year T/C charter for four tankers from January 2005 with the ...
The case of "Jan Heweliusz" opened again A court of appeal in Poznan has decided that the district court in Szczecin closed the case about claims for ...
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