NOL cashes in on fleet repositioning INNOVATIVE equipment repositioning was key to Neptune Orient Lines' stellar first quarter results which saw a seven-fold jump in net profit on the back of APL's surging liner business which contributed 79 per cent of total turnover.
Port Klang's massive distriparks plan set to attract investors, lines PORT Klang is set to attract interest from foreign investors, shipping lines and exporters when some 3,300 distribution parks are set up at the port by 2007.
Wan Hai sees 31% rise in Asian rates ASIA's biggest intra-regional shipper, Taiwan's Wan Hai Lines, expects freight rates to rise 31 per cent in 2004 due to soaring demand and a shortage of container capacity.
US$850m revamp plan for Bayonne Port NEW Jersey is spending as much as US$850 million to improve the Bayonne Military Ocean Terminal to accommodate a new port for Royal Caribbean Cruises Ltd, Governor James McGreevey said.
SHIP SALES DRY CARGO: THE Far Eastern Holidays have had a serious impact on this week's activity, although all the dry bulk sales reported have been to Chinese buyers.
Air and Land Transport
High oil prices may hurt Asian airlines ESCALATING jet fuel prices are threatening to clip the wings of Asian carriers just as they recover from last year's unprecedented travel slump brought on by the Severe Acute Respiratory Syndrome outbreak, analysts said.
US Airways plans staff cut to avoid another bankruptcy
Boeing settles part of sex discrimination suit
Fraport's Q1 profit of 99m euros misses expectations
Former US air base in Vietnam set to open to tourists flights
Dockyard
Arab shipyard Asry gets into competitive mood THE general mood from shiprepairers worldwide seems fairly upbeat now, which is as it should be when freight rates are generally buoyant.
Port Shots
portshots RESCUERS evacuated all 32 crew as a Chinese ship carrying fertiliser sank after it hit a shoal near Bangladesh's Chittagong port, officials said.
NOL cashes in on fleet repositioning INNOVATIVE equipment repositioning was key to Neptune Orient Lines' stellar first quarter results which saw a seven-fold jump in net profit on the back of APL's surging liner business which contributed 79 per cent of total turnover.
Port Klang's massive distriparks plan set to attract investors, lines PORT Klang is set to attract interest from foreign investors, shipping lines and exporters when some 3,300 distribution parks are set up at the port by 2007.
Wan Hai sees 31% rise in Asian rates ASIA's biggest intra-regional shipper, Taiwan's Wan Hai Lines, expects freight rates to rise 31 per cent in 2004 due to soaring demand and a shortage of container capacity.
US$850m revamp plan for Bayonne Port NEW Jersey is spending as much as US$850 million to improve the Bayonne Military Ocean Terminal to accommodate a new port for Royal Caribbean Cruises Ltd, Governor James McGreevey said.
SHIP SALES DRY CARGO: THE Far Eastern Holidays have had a serious impact on this week's activity, although all the dry bulk sales reported have been to Chinese buyers.
Air and Land Transport
High oil prices may hurt Asian airlines ESCALATING jet fuel prices are threatening to clip the wings of Asian carriers just as they recover from last year's unprecedented travel slump brought on by the Severe Acute Respiratory Syndrome outbreak, analysts said.
US Airways plans staff cut to avoid another bankruptcy
Boeing settles part of sex discrimination suit
Fraport's Q1 profit of 99m euros misses expectations
Former US air base in Vietnam set to open to tourists flights
Dockyard
Arab shipyard Asry gets into competitive mood THE general mood from shiprepairers worldwide seems fairly upbeat now, which is as it should be when freight rates are generally buoyant.
Port Shots
portshots RESCUERS evacuated all 32 crew as a Chinese ship carrying fertiliser sank after it hit a shoal near Bangladesh's Chittagong port, officials said.
NOL cashes in on fleet repositioning INNOVATIVE equipment repositioning was key to Neptune Orient Lines' stellar first quarter results which saw a seven-fold jump in net profit on the back of APL's surging liner business which contributed 79 per cent of total turnover.
Port Klang's massive distriparks plan set to attract investors, lines PORT Klang is set to attract interest from foreign investors, shipping lines and exporters when some 3,300 distribution parks are set up at the port by 2007.
Wan Hai sees 31% rise in Asian rates ASIA's biggest intra-regional shipper, Taiwan's Wan Hai Lines, expects freight rates to rise 31 per cent in 2004 due to soaring demand and a shortage of container capacity.
US$850m revamp plan for Bayonne Port NEW Jersey is spending as much as US$850 million to improve the Bayonne Military Ocean Terminal to accommodate a new port for Royal Caribbean Cruises Ltd, Governor James McGreevey said.
SHIP SALES DRY CARGO: THE Far Eastern Holidays have had a serious impact on this week's activity, although all the dry bulk sales reported have been to Chinese buyers.
Air and Land Transport
High oil prices may hurt Asian airlines ESCALATING jet fuel prices are threatening to clip the wings of Asian carriers just as they recover from last year's unprecedented travel slump brought on by the Severe Acute Respiratory Syndrome outbreak, analysts said.
US Airways plans staff cut to avoid another bankruptcy
Boeing settles part of sex discrimination suit
Fraport's Q1 profit of 99m euros misses expectations
Former US air base in Vietnam set to open to tourists flights
Dockyard
Arab shipyard Asry gets into competitive mood THE general mood from shiprepairers worldwide seems fairly upbeat now, which is as it should be when freight rates are generally buoyant.
Port Shots
portshots RESCUERS evacuated all 32 crew as a Chinese ship carrying fertiliser sank after it hit a shoal near Bangladesh's Chittagong port, officials said.
NOL cashes in on fleet repositioning INNOVATIVE equipment repositioning was key to Neptune Orient Lines' stellar first quarter results which saw a seven-fold jump in net profit on the back of APL's surging liner business which contributed 79 per cent of total turnover.
Port Klang's massive distriparks plan set to attract investors, lines PORT Klang is set to attract interest from foreign investors, shipping lines and exporters when some 3,300 distribution parks are set up at the port by 2007.
Wan Hai sees 31% rise in Asian rates ASIA's biggest intra-regional shipper, Taiwan's Wan Hai Lines, expects freight rates to rise 31 per cent in 2004 due to soaring demand and a shortage of container capacity.
US$850m revamp plan for Bayonne Port NEW Jersey is spending as much as US$850 million to improve the Bayonne Military Ocean Terminal to accommodate a new port for Royal Caribbean Cruises Ltd, Governor James McGreevey said.
SHIP SALES DRY CARGO: THE Far Eastern Holidays have had a serious impact on this week's activity, although all the dry bulk sales reported have been to Chinese buyers.
Air and Land Transport
High oil prices may hurt Asian airlines ESCALATING jet fuel prices are threatening to clip the wings of Asian carriers just as they recover from last year's unprecedented travel slump brought on by the Severe Acute Respiratory Syndrome outbreak, analysts said.
US Airways plans staff cut to avoid another bankruptcy
Boeing settles part of sex discrimination suit
Fraport's Q1 profit of 99m euros misses expectations
Former US air base in Vietnam set to open to tourists flights
Dockyard
Arab shipyard Asry gets into competitive mood THE general mood from shiprepairers worldwide seems fairly upbeat now, which is as it should be when freight rates are generally buoyant.
Port Shots
portshots RESCUERS evacuated all 32 crew as a Chinese ship carrying fertiliser sank after it hit a shoal near Bangladesh's Chittagong port, officials said.
Claims of false bunker consumption dismissed by court Charterer fails to provide sufficient evidence to prove case against ship owner of 'mis-described' bunker fuel costs.
Lintec aims for routine screening of organic components Testing company says it is looking at ways to routinely screen fuel samples for the types of contaminants which recently forced several vessels to debunker.
High Baltic numbers still deterring buyers
St. Petersburg prices sharply higher on jump in resupply cost Fuel oil prices up as much as $35, making double-digit prices a fading memory.
IFO380/IFO180 spread hits eight-year record premium Requirement for cutter stocks sees IFO180 demand soar.
Sea-Land Express master may face negligence charges US AUTHORITIES may bring charges against the master of the Sea-Land Express, plus two other crewmembers, over the grounding of the containership near Cape Town last August.
Terra Marique is fit for the job in every sense THE Terra Marique, the Robert Wynn & Sons vessel built to transfer abnormal indivisible loads from the UK's road network and onto the water, squeezed through the Gainsborough road bridge last week, whose clearances determined the vessel's design, writes Hugh O'Mahony.
Bulk carrier losses at lowest level in almost a decade, says Intercargo BULK carrier losses declined to their lowest level in almost a decade last year, according to the annual casualty report published by trade association Intercargo.
Drift from EU flags worries Irish minister THE Irish minister for the marine, Dermot Ahern, in his role as president of the European Commission in relation to maritime matters, has expressed concern about what he termed "the steady drift" of the European Union fleet towards "flags of convenience".
Metro seeks ways to spin off Nenaco METRO Pacific Corp, the Philippines-based property conglomerate, is exploring ways to 'reposition' its investment in troubled ferry operator Negros Navigation Co (Nenaco)
Rough start for Spirit of Ontario CANADIAN American Transportation System's new high speed superferry Spirit of Ontario is having a rough start
Litigation gain keeps Seabulk ahead SEABULK International continues to report "weak" performance in its US trades, offset by strong results internationally
Bergesen LPG carrier in collision BERGESEN-operated LPG tanker Berge Nice was hit on Wednesday by a supply vessel in the eastern mouth of the Strait of Magellan
Fuel removed from grounded LeConte A salvage team has successfully offloaded 77 tonnes of diesel fuel from the grounded Alaska Marine Highway ferry LeConte
Sterling reassures P&O shareholders P&O Group chairman Lord Sterling told shareholders today that the company is "dealing with those areas where returns need to be improved"
Port of L.A. to greet first 'cold iron' call China Shipping Container Line vessel slated to plug into shoreside electrical power at opening of Los Angeles terminal Monday, ending long legal battle.
Mail, acquisition costs hit Deutsche Post net
Taiwan port free-trade zone courts investment
Record earnings for MOL
"K" Line profit soars
Democrats propose rail, mass transit security bill
NJ legislators plan chassis safety hearing
Pakistan says it will meet maritime security deadline
Baltic/Moscow rail link fails to draw cargo The Riga-Moscow scheduled box-train, launched late last year, has been suspended through lack of cargo, ci-online has learned.
China's Communications' minister opens Log's event
Growing demand brings favourable Q1 profit to CIMC
New DFDS-name to the first Swedish Flower-class vessel "Tor Begonia" was the name to Flensburg Schiffsbau Ges newbuilding number 724, which was launched today. The newbuilding it the ...
DFDS increases capacity on EuroBridge The Germany road tax that will be imposed from 1 January 2005 is expected to increase demand for sea transportation ...
Cruising keeps growing A total of 13,687,761 passengers travelled on cruise ships last year. This is the first time the 13-million mark ...
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