Biometric-based ID may come into use in 6 months THE new biometric-based identity document for the world's 1.2 million seafarers could be in use in just over six months as global testing is set to begin and more states ratify its governing Convention, said an International Labour Organisation official.
P&I club urges unity against onerous laws SHIPOWNERS need to speak with one voice if they are to stop the seemingly unrelenting campaign by the world's governments to penalise and criminalise the shipping industry, according to North of England P&I club.
Japanese firms order 4 LNG ships MITSUI OSK Lines, Japan's second-largest shipping company, and Japanese trading companies Mitsubishi Corp and Itochu Corp signed agreements on Tuesday with Oman Shipping Co to build four liquefied natural gas tankers for Oman's Qalhat LNG project.
Air and Land Transport
Sales of 1,000 7E7 planes will be enough: Boeing chief BOEING Co chief executive officer Harry Stonecipher said the company would make a satisfactory profit by selling 1,000 7E7 airplanes over 20 years, at most half of the forecast market share for planes that size.
Frankfurt Airport June numbers up 5%
Skymark Airlines to cut fares by as much as 20%
US relooks airline security system
Airlines go flat out in Japan to woo business clients
Delta to take Q2 charge of US$1.65b
Port Shots
port shots COSCO Shipping Co, a unit of China's biggest shipping company, forecast first-half profit probably surged more than 150 per cent from a year earlier.
Biometric-based ID may come into use in 6 months THE new biometric-based identity document for the world's 1.2 million seafarers could be in use in just over six months as global testing is set to begin and more states ratify its governing Convention, said an International Labour Organisation official.
P&I club urges unity against onerous laws SHIPOWNERS need to speak with one voice if they are to stop the seemingly unrelenting campaign by the world's governments to penalise and criminalise the shipping industry, according to North of England P&I club.
Japanese firms order 4 LNG ships MITSUI OSK Lines, Japan's second-largest shipping company, and Japanese trading companies Mitsubishi Corp and Itochu Corp signed agreements on Tuesday with Oman Shipping Co to build four liquefied natural gas tankers for Oman's Qalhat LNG project.
Air and Land Transport
Sales of 1,000 7E7 planes will be enough: Boeing chief BOEING Co chief executive officer Harry Stonecipher said the company would make a satisfactory profit by selling 1,000 7E7 airplanes over 20 years, at most half of the forecast market share for planes that size.
Frankfurt Airport June numbers up 5%
Skymark Airlines to cut fares by as much as 20%
US relooks airline security system
Airlines go flat out in Japan to woo business clients
Delta to take Q2 charge of US$1.65b
Port Shots
port shots COSCO Shipping Co, a unit of China's biggest shipping company, forecast first-half profit probably surged more than 150 per cent from a year earlier.
Biometric-based ID may come into use in 6 months THE new biometric-based identity document for the world's 1.2 million seafarers could be in use in just over six months as global testing is set to begin and more states ratify its governing Convention, said an International Labour Organisation official.
P&I club urges unity against onerous laws SHIPOWNERS need to speak with one voice if they are to stop the seemingly unrelenting campaign by the world's governments to penalise and criminalise the shipping industry, according to North of England P&I club.
Japanese firms order 4 LNG ships MITSUI OSK Lines, Japan's second-largest shipping company, and Japanese trading companies Mitsubishi Corp and Itochu Corp signed agreements on Tuesday with Oman Shipping Co to build four liquefied natural gas tankers for Oman's Qalhat LNG project.
Air and Land Transport
Sales of 1,000 7E7 planes will be enough: Boeing chief BOEING Co chief executive officer Harry Stonecipher said the company would make a satisfactory profit by selling 1,000 7E7 airplanes over 20 years, at most half of the forecast market share for planes that size.
Frankfurt Airport June numbers up 5%
Skymark Airlines to cut fares by as much as 20%
US relooks airline security system
Airlines go flat out in Japan to woo business clients
Delta to take Q2 charge of US$1.65b
Port Shots
port shots COSCO Shipping Co, a unit of China's biggest shipping company, forecast first-half profit probably surged more than 150 per cent from a year earlier.
Opposing US oil stock figures leaves market little changed US supply fundamentals still open for interpretation after weekly stock figures.
Suppliers attempt to exploit Panama Canal delays Maintenance closure sees transit times increase but congestion and new bunkering opportunities limited.
Strong demand and cargo spur price gains in St. Petersburg Competitive prices coupled with seasonal demand leave some suppliers tight on product.
South Korean workers reach pay compromise Suppliers quote freely as industrial conflict draws to an end.
MPA: Sulphur levels stay as they are - for now Island state's maritime ruling body says it will enforce IMO's 4.5% sulphur limits for bunker fuel despite likely changes to sulphur levels in Europe.
UAE demand and Singapore stocks shrink spread Recent heavy demand in Fujairah in conjunction with record level fuel oil stocks in Singapore prompts UAE-Singapore price spread to touch reverse trend.
Israeli strike leaves bunkering problems looming Dockworkers protests threaten to impede bunkering operations in Israel's three main ports.
Rotterdam firming with some congestion
Singapore market levels out after surge in demand Flurry of activity causes near-term barge congestion.
AMSA issues new rules for Australian bunker supply The Australian Maritime Safety Authority (AMSA) has said amendements are being drafted to bring Australian regulations in line with MARPOL Annex VI, which will have implications for bunker suppliers.
General Maritime sells four single skin Suezmaxes With sale, percentage of double sided. double hulled ships in fleet is 89% and average age is 9.8 years
USCG policy extension resolves conflicts with SOLAS Owners won't have to meet existing regs that conflict with new SOLAS requirements
Bulker design talks head for improved rules He expected shipbuilders would have something to say on corrosion margins, given the price of steel. The new rules could add between 0.5% to 3% in steel weight to a typical bulker, he said.
Technically, Scuteri is IACS first lady NEW ground is being broken at the International Association of Classification Societies, following the appointment of the first woman to the body's technical co-ordination group, writes Hugh O'Mahony.
Rina broadens its horizons HE HAS never been away, but the end of what turned out to be a high profile 12-month tenure as chairman of International Association of Classification Societies means that the energetic Ugo Salerno can refocus on his role as chief executive of Rina, writes Hugh O'Mahony.
New Capital Insurance venture creates third empire at Lloyd's A POWERFUL combination of Warren Buffett's Berkshire Hathaway and three of the top personalities in insurance is aiming to set up a third empire at Lloyd's that would create 'must have' stocks out of the relative minnow companies, writes James Brewer.
Dynacom mulls New York listing George Procopiou is considering a New York initial public offering for his $2.5bn Dynacom tanker and liquefied natural gas carrier empire.
Cosco in Japan VLCC yard deal CHINA Ocean Shipping Co is on the verge of signing a shipbuilding deal for two very large crude carriers with a Japanese yard, writes Sam Chambers in Shanghai.
Petronas chairman Azizan dies THE chairman of Malaysian state-owned energy company Petronas, Azizan Zainul Abidin, died this morning at the age of 69
Trawler investigation begins FRENCH experts are investigating the Bugaled Breizh to establish why it sank after the vessel was towed into the Breton port of Brest yesterday
Satellites to monitor oil spills DUBAI-based Regional Clean Sea Organization is soon to offer satellite services to monitor accidental oil spills or oil dumping in the Middle East Gulf
Seattle approves port expansion THE Port of Seattle Commission has approved funds to begin designing a projected $50M expansion of Terminal 5, one of the city's three main cargo terminals
Nenaco looks for new president METRO Pacific, owner of the heavily indebted Negros Navigation Co, has started its search for a new president to pull the company out of financial trouble
Miami: charges following strike MIAMI has told shippers that it will waive some charges for vessels that have been alongside the quayside for days as a result of the two-week strike by truckers
Chinese shippers say they'll go to court over THC issue The China Shippers' Association (CSA) is considering bringing the controversial terminal handling charge (THC) issue to court as early as 'this year', VP Cai Jiaxiang told ci-online today in Beijing.
Dutch fear Belgians are winning terminal wars as Euromax partners are slow in seeking EC regulatory approval Euromax, the planned Maasvlakte container terminal of ECT and Royal P&O Nedlloyd (RPONL), has not been given EC approval yet, RPONL board member Rutger van Slobbe confirmed.
Static charter market reflects summer slumber
Norasia and CSCL suspend AMX
Concor expands ICD network
Yang Ming takes delivery of twelfth 5,500TEU vessel
Claim against shipyard 20 years after the job was finished A US Federal Court in New York has set the case about the ill-fated container vessel "MSC Carla" under ...
Trouble with pumps and bowsprit on ill-fated schooner in Kattegat No clear reason for the loss of the schooner "Martha" was detected at the first hearings in Vejle, which is ...
Fronline aquires single hull tanker trio Frontline has bought three single hull Suezmax tankers built 1989-1990. Seller of the "Suezmax Transporter", the "Centaur" and the ...
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