China cargo volumes surge despite bid to cool economy CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1 SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16% MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.
Air and Land Transport
Airbus, Boeing expect a better 2005 AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show
Liner Scene
Liner trades sending out contradictory signals THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.
China cargo volumes surge despite bid to cool economy CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1 SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16% MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.
Air and Land Transport
Airbus, Boeing expect a better 2005 AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show
Liner Scene
Liner trades sending out contradictory signals THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.
China cargo volumes surge despite bid to cool economy CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1 SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16% MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.
Air and Land Transport
Airbus, Boeing expect a better 2005 AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show
Liner Scene
Liner trades sending out contradictory signals THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.
27 cargoes booked for west-east arbitrage Total of 5.83 million mt currently booked for loading from Europe and Americas.
Cape Africa salvage deemed success Holed bulk carrier enters Cape Town harbour minus 1,900 mt of bunker fuel after salvage operation.
Maintenance work to deplete Durban supply sources
Rotterdam remains firm amid tight barging
Fuel oil operations halted in Guandong Typhoon Kompasu takes toll on key fuel oil import port of Huangpu.
Bunkering suspended as Kompasu hits Hong Kong Tropical storm warning sees all businesses closed and staff sent home, bunkering expected to restart tomorrow.
Singapore suppliers unperturbed by OPL ban Singapore's bunkering community were mostly unperturbed it seems by yesterday's announcement that the Maritime and Port Authority (MPA) intends to impose new conditions on Off Port Limits (OPL) bunkering.
Coastguard agency censured as deaths on UK coastline rise 28% MARITIME and Coastguard Agency bosses in Britain are "entirely complacent" about understaffing at rescue centres, even where this contributes to deaths, a committee of MPs has charged.
Teekay amasses $90m windfall on sale of Torm stake to institutions TEEKAY Shipping is reaping a $90m windfall gain on the sale of its 16% interest in Danish bulk shipping group Torm, surely one of the better investments of the past 12 months, write Nigel Lowry and Tony Gray.
Barclay's newbuild tally at Mipo hits $568m WITH six new orders, Greece's Barclay Shipping group has brought its newbuilding programme value at Hyundai Mipo to an impressive $568m as the Korean yard announced it has snared a flurry of fresh product carrier contracts.
Carnival shifts Cunard chiefs to Miami in bid to slice $20m off operating costs CARNIVAL Corp has announced a wholesale makeover of Cunard Line's North American organisation, designed to strip out costs and improve efficiency.
Teekay nets huge Torm windfall TEEKAY Shipping has sold its 16% stake in Torm for a massive profit, collecting approximately $130.2M for a stake it bought last July for $37.3M
LB to spend $26M on security PORT of Long Beach harbour commissioners have approved a $450.8M budget for the fiscal year starting 1 October
Iran covets Syrian outlet TEHRAN and Damascus are on the verge of signing a deal that would enable Iranian private-sector interests to take over a terminal at Latakia port in Syria
Kakinada port expansion KAKINADA Chamber of Commerce has submitted a proposal to strengthen infrastructure facilities at both Kakinada deepwater and the old anchorage port
Canadian truckers slam renewed delays at CN's Brampton terminal Canadian truckers have slammed Canadian National Railway (CN) for the renewal of excessive turnaround times at Brampton Intermodal Terminal (BIT) since early July, and increased storage fees, effective July 19.
Arab transport-workers' action not solidarity with Israeli strikers, says ITF An Israel boycott under discussion in Jordan and Egypt is not intended to help Israeli workers' privatisation protest, but is aimed instead at the Israeli government.
EC allows '1.79m aid for Antwerp congestion, but industry looks longer-term
Full ships embolden Australia trades carriers
Cosco declares for Shanghai Yangshan deepwater project
California megaports continue growth
Korean consortium signs to construct Songdo New Port
New contender on Moss-Skagen Jet Link AS, a company formed by Lars Petter Helminsen of Fredrikstad, has signed a preliminary contract to charter an ...
Russians declares second icebreaker from Havyard Servmorneftegaz of Archangelsk has now declared the option for a second icebreaker from Havyard Leirvik in Western Norway. The 100 ...
Big-cruise-shift in Copenhagen this weekend Copenhagen Malm' Port (CMP) will get extremely busy this coming weekend along with Copenhagen Airport, when they are accommodating some ...
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