Congestion delays linger at PSA's S'pore terminals SURGING China volumes continue to strain port facilities around the globe with sporadic congestion delays still afflicting PSA Corporation's Singapore terminals, according to shipping lines.
MISC to boost LNG fleet to 28 by 2008 MALAYSIA International Shipping Corp is to raise its LNG tanker fleet to 28 from 17 by 2008, strengthening its position as the world's largest carrier of liquefied natural gas.
P&O Nedlloyd cruises into the black SHIPPING group Royal P&O Nedlloyd turned to a strong first-half net profit yesterday as growing demand outpaced supply, and said favourable conditions would continue for the next 12 to 18 months.
Mary comes to the Olympics THE world's largest luxury liner, the Queen Mary 2, arrived at Athens' main port of Piraeus on early Wednesday, one of eight cruise ships that will be home to thousands of dignitaries, world leaders and officials during the Athens Olympic Games.
Air and Land Transport
Lufthansa's loss in Q2 narrows to 23m euros DEUTSCHE Lufthansa AG, Europe's third-biggest airline, said its second-quarter loss narrowed as the carrier sold more tickets and cut costs.
Indian oil firm plans to buy into Mumbai, New Delhi airports
Anti-static shoes spark airport evacuation in Rome
Cambodia plans to start national carrier
United pilots vow to keep pensions
Miscommunication triggered 9/11-style terror scare
Admiralty Casebook
Signing on shipper's letter of indemnity makes bank liable THE High Court of Australia last week overruled a decision of the Supreme Court of New South Wales that a bank that also signed a shipper's letters of indemnity for the release of goods without the bills of lading was not liable to the carrier.
Congestion delays linger at PSA's S'pore terminals SURGING China volumes continue to strain port facilities around the globe with sporadic congestion delays still afflicting PSA Corporation's Singapore terminals, according to shipping lines.
MISC to boost LNG fleet to 28 by 2008 MALAYSIA International Shipping Corp is to raise its LNG tanker fleet to 28 from 17 by 2008, strengthening its position as the world's largest carrier of liquefied natural gas.
P&O Nedlloyd cruises into the black SHIPPING group Royal P&O Nedlloyd turned to a strong first-half net profit yesterday as growing demand outpaced supply, and said favourable conditions would continue for the next 12 to 18 months.
Mary comes to the Olympics THE world's largest luxury liner, the Queen Mary 2, arrived at Athens' main port of Piraeus on early Wednesday, one of eight cruise ships that will be home to thousands of dignitaries, world leaders and officials during the Athens Olympic Games.
Air and Land Transport
Lufthansa's loss in Q2 narrows to 23m euros DEUTSCHE Lufthansa AG, Europe's third-biggest airline, said its second-quarter loss narrowed as the carrier sold more tickets and cut costs.
Indian oil firm plans to buy into Mumbai, New Delhi airports
Anti-static shoes spark airport evacuation in Rome
Cambodia plans to start national carrier
United pilots vow to keep pensions
Miscommunication triggered 9/11-style terror scare
Admiralty Casebook
Signing on shipper's letter of indemnity makes bank liable THE High Court of Australia last week overruled a decision of the Supreme Court of New South Wales that a bank that also signed a shipper's letters of indemnity for the release of goods without the bills of lading was not liable to the carrier.
Congestion delays linger at PSA's S'pore terminals SURGING China volumes continue to strain port facilities around the globe with sporadic congestion delays still afflicting PSA Corporation's Singapore terminals, according to shipping lines.
MISC to boost LNG fleet to 28 by 2008 MALAYSIA International Shipping Corp is to raise its LNG tanker fleet to 28 from 17 by 2008, strengthening its position as the world's largest carrier of liquefied natural gas.
P&O Nedlloyd cruises into the black SHIPPING group Royal P&O Nedlloyd turned to a strong first-half net profit yesterday as growing demand outpaced supply, and said favourable conditions would continue for the next 12 to 18 months.
Mary comes to the Olympics THE world's largest luxury liner, the Queen Mary 2, arrived at Athens' main port of Piraeus on early Wednesday, one of eight cruise ships that will be home to thousands of dignitaries, world leaders and officials during the Athens Olympic Games.
Air and Land Transport
Lufthansa's loss in Q2 narrows to 23m euros DEUTSCHE Lufthansa AG, Europe's third-biggest airline, said its second-quarter loss narrowed as the carrier sold more tickets and cut costs.
Indian oil firm plans to buy into Mumbai, New Delhi airports
Anti-static shoes spark airport evacuation in Rome
Cambodia plans to start national carrier
United pilots vow to keep pensions
Miscommunication triggered 9/11-style terror scare
Admiralty Casebook
Signing on shipper's letter of indemnity makes bank liable THE High Court of Australia last week overruled a decision of the Supreme Court of New South Wales that a bank that also signed a shipper's letters of indemnity for the release of goods without the bills of lading was not liable to the carrier.
Lawyers: EU Pollution legislation goes against international law Lawyers have criticised the latest amendments to EU proposals for their lack of compromise, obscurity of wording and the fact that the proposed legislation is in contravention of the internationally recognised Marpol convention.
Mexican customs 'endanger ships' by delaying bunkers Supplier calls on international organisations to resolve Mexican bunkering impasse, as worsening bureaucracy cause unacceptable delays.
Fuel oil glut pushes Singapore/Dubai crack to 13-year low Bunker buyers are being spared the worst effects of record-high crude prices as a glut of fuel oil has depressed spot market.
Domestic demand keeping Tokyo players busy
Singapore fuel oil inventories rise as buyers shun market Singapore stocks of fuel and gas oil rose over the past week amid falling exports to China.
Italian IFOs staying squeezed till September The fuel oil shortages which had been seen primarily in Genoa, and to a lesser extent in Augusta, have now become endemic in ports across Italy.
Rotterdam stable to firm this morning
IEA: $45 oil price is unjustified The International Energy Agency (IEA) said in a report yesterday that current high oil prices of around $45 per barrel are not justifiable.
Five more surveyors brought up on corruption charges A further five bunker surveyors have been brought up on corruption charges in Singapore for accepting bribes from a bunker supplier. Three are set to appear in court tomorrow.
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.
Barrot handed Brussels transport baton FRENCH commissioner Jacques Barrot was yesterday handed responsibility for transport, including maritime affairs, as part of a wide-ranging reorganisation of the European Commission.
P&O Nedlloyd back on course with record NEWLY listed Royal P&O Nedlloyd powered back into the black in the first half of this year with record earnings and the promise of even better to come.
Sea takes centre stage as Greece prepares for Olympic spectacular THE sea, and Greeks' affinity with it, will be to the fore in the pageantry of tonight's opening ceremony in Athens for the 28th modern Olym- piad, writes Nigel Lowry in Athens.
MISC keeps foot on the gas with newbuild programme MALAYSIA International Shipping Corporation aims to retain its position the world's largest owner and operator of LNG tankers, with a fleet of 28 vessels within four years.
80 charged in Petromin corruption investigation SOME 80 senior Romanian officials face corruption charges over the sale of 16 ships owned by state carrier Petromin to Torvald Klaveness of Norway, according to Romanian media reports.
EC Transport Commissioner named THE European Commission's incoming president, José Manuel Barroso, has named France's Jacques Barrot as the next European transport commissioner
US cruise alert for hurricane TWO Florida ports closed this morning and numerous cruise ship itineraries have been altered, in anticipation of the arrival of Hurricane Charley.... Full story
Athens liabilities 'unrealistic' ATTEMPTS by governments to impose unrealistically high passenger liability limits could result in cruise and ferry operators being unable to obtain insurance cover.... Full story
Milford Haven crucial to import contract A £250M ($457M) LNG terminal being developed in Milford Haven, UK, will be an integral part of a new 15-year contract worth about '4Bn announced by the owner of British Gas.... Full story
Moby to sue Wärtsilä MOBY of Italy will sue Finnish engine supplier Wärtsilä for the damages suffered as a result of machinery installed on the cruise-ferry Moby Wonder and Moby Freedom.... Full story
Ferries cause P&O Group loss CONTINUING difficult trading conditions for P&O's ferry division caused the group to report a pre-tax loss of 6.1M for the six month period to end June 2004.... Full story
PONL on target to bridge the profitability gap Yield management and cost control measures are the key to sustaining the profitability of the company according to P&O Nedlloyd (PONL) CEO Philip Green today.
Maersk's focus on Asia/Europe sees Pacific trade share slip Significant growth on the Pacific trades has failed to prevent the world's biggest carrier, Maersk Sealand losing market share for the second consecutive quarter.
New transport commissioner from France The present commissioner for regional affairs, Jacques Barrot, will take over as commissioner for Transport in the new EU-commission ...
Concordia raises profit expectations Concordia Maritime reports a SEK 100.2 million profit after tax for the first six months. SEK 44.7 million in gains ...
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