Clear skies ahead through 2006 THE outlook for container shipping is rosy right through 2006, according to Maersk Sealand's Asia head, who dismissed overcapacity fears.
Tanker sailing to Sydney: Shell A Shell Company oil tanker with a 15-cm crack in its hull, is on its way to Sydney harbour after a magnetic clamp was attached by divers to stop any further leakages.
Rotterdam port to offer oil-transfer site by next year ROTTERDAM, Europe's largest oil port, plans to set up a secure site by mid-2005 where companies can transfer oil from one tanker to another, reducing the risk of spills in the waters off southern England and Denmark.
Hyundai wins US$350m order HYUNDAI Heavy Industries Co , the world's biggest shipbuilder, said it has secured a US$350 million order to build an offshore oil production and refinery vessel for BP Angola.
Air and Land Transport
Qantas beats forecasts with 1.5% rise in H1 net profit AUSTRALIA's biggest airline, Qantas Airways, beat market forecasts with a small rise in first-half net profit on Thursday, buoyed by a stronger Australian dollar, cost cuts and increased traffic.
Deal struck to end French air traffic control strike
Most German travel agents accept new fee terms: Lufthansa
ANA aims to double operating profit
Cebu Air to mount more flights to China by year-end
LOG Book
Admiralty Casebook
Contract not binding until all details are agreed to THE words 'subject details' when used in the context of the sale of ships means that there is no binding agreement until all the details of the proposed formal agreement have been agreed to, an English court ruled earlier this month.
Clear skies ahead through 2006 THE outlook for container shipping is rosy right through 2006, according to Maersk Sealand's Asia head, who dismissed overcapacity fears.
Tanker sailing to Sydney: Shell A Shell Company oil tanker with a 15-cm crack in its hull, is on its way to Sydney harbour after a magnetic clamp was attached by divers to stop any further leakages.
Rotterdam port to offer oil-transfer site by next year ROTTERDAM, Europe's largest oil port, plans to set up a secure site by mid-2005 where companies can transfer oil from one tanker to another, reducing the risk of spills in the waters off southern England and Denmark.
Hyundai wins US$350m order HYUNDAI Heavy Industries Co , the world's biggest shipbuilder, said it has secured a US$350 million order to build an offshore oil production and refinery vessel for BP Angola.
Air and Land Transport
Qantas beats forecasts with 1.5% rise in H1 net profit AUSTRALIA's biggest airline, Qantas Airways, beat market forecasts with a small rise in first-half net profit on Thursday, buoyed by a stronger Australian dollar, cost cuts and increased traffic.
Deal struck to end French air traffic control strike
Most German travel agents accept new fee terms: Lufthansa
ANA aims to double operating profit
Cebu Air to mount more flights to China by year-end
LOG Book
Admiralty Casebook
Contract not binding until all details are agreed to THE words 'subject details' when used in the context of the sale of ships means that there is no binding agreement until all the details of the proposed formal agreement have been agreed to, an English court ruled earlier this month.
Clear skies ahead through 2006 THE outlook for container shipping is rosy right through 2006, according to Maersk Sealand's Asia head, who dismissed overcapacity fears.
Tanker sailing to Sydney: Shell A Shell Company oil tanker with a 15-cm crack in its hull, is on its way to Sydney harbour after a magnetic clamp was attached by divers to stop any further leakages.
Rotterdam port to offer oil-transfer site by next year ROTTERDAM, Europe's largest oil port, plans to set up a secure site by mid-2005 where companies can transfer oil from one tanker to another, reducing the risk of spills in the waters off southern England and Denmark.
Hyundai wins US$350m order HYUNDAI Heavy Industries Co , the world's biggest shipbuilder, said it has secured a US$350 million order to build an offshore oil production and refinery vessel for BP Angola.
Air and Land Transport
Qantas beats forecasts with 1.5% rise in H1 net profit AUSTRALIA's biggest airline, Qantas Airways, beat market forecasts with a small rise in first-half net profit on Thursday, buoyed by a stronger Australian dollar, cost cuts and increased traffic.
Deal struck to end French air traffic control strike
Most German travel agents accept new fee terms: Lufthansa
ANA aims to double operating profit
Cebu Air to mount more flights to China by year-end
LOG Book
Admiralty Casebook
Contract not binding until all details are agreed to THE words 'subject details' when used in the context of the sale of ships means that there is no binding agreement until all the details of the proposed formal agreement have been agreed to, an English court ruled earlier this month.
US crude stocks and imports surge, products evaporate Bearish crude oil data were counterbalanced by continued strong demand for distillates and low stocks of gasoline for this time of year.
Australia: New Vopak terminal to incorporate marine fuels Royal Vopak (Vopak) has announced plans to build a joint industry oil products terminal in Darwin, Australia. Vopak said the new facility will replace Darwin's current storage facilities and gives scope for future expansion.
UAE: New Warm Seas terminal close to completion Warm Seas has been absent from the bunker supply market in the Fujairah and Khor Fakkan bunkering hub for over a year, although the company hasn't ruled out returning to the supply market.
Tramp owner denies sale speculation - at least for now Reports today said that independent marine fuels supplier and trader Tramp Oil owner Chris Carlsen has denied that his company was up for sale - in the near future at least.
Carlsen told Platts that he was not "ready to sell the company, at least anytime soon."
Tokyo Bay prices drop, reducing premium on Singapore
Iranian hold-up triggers contingency plans in Fujairah Players blamed severe weather conditions in Iran - which is the source for around 80% of Fujairah marine fuel product - for the squeeze on avails.
Møller given Lloyd's List accolade LLOYD'S List paid tribute to Maersk Mc-Kinney Møller for his achievement in creating one of the world's pre-eminent maritime groups at the finale of a gala dinner to celebrate outstanding performance by individuals and organisations in the shipping industry.
Finnlines picks Italy for $573m order ITALY' s leading shipbuilder, Fincantieri, and Finnish operator Finnlines yesterday signed a deal worth a potential
Tanker smashes scrap record at $403/ldt BANGLADESHI breakers have snapped up a Greek-operated tanker for a mouth-watering $403 per ldt, a rate guaranteed to whet the appetite of other owners considering scrapping older tonnage.
SEC steps up probe into Shell reserves cut THE US Security and Exchange Commission's probe into Shell's recent proved reserves cut has moved up a gear as it begins a formal non-public investigation, writes Martyn Wingrove .
Owners win P&I concessions as Polembros feels the pressure A NUMBER of shipowners have used their might to win substantially lower premium increases than the norm, in an 11th hour tough-talking drama of the 2004 protection and indemnity renewals.
Spain adopts new refuge law SPAIN will not be obliged to provide ports of refuge for ships in distress under a new legislation adopted by royal decree
Have your say! WITH the disclosure that a significant number of terrorist groups have a "standing maritime capability", should the UN deploy warships in the main trouble spots?
Cruise ship drug bust US CUSTOMS has seized a huge haul of heroin and cocaine allegedly being smuggled into the US aboard Holland America Line's 34,000gt cruise ship Noordam at Tampa
Repsol to build Mexican LNG terminal SPANISH energy group Repsol YPF has won a $10.1M contract to build a new LNG plant in Mexico's Pacific port of Lazaro Cardenas
Carnival, not rebels, close Haiti ports UNDAUNTED by rebels, Port-au-Prince will close for annual carnival celebrations this weekend, reports Gerard Dambreville of GLD Marine & Shipping
Irish Ferries may suspend services IRISH Ferries is considering the temporary suspension of three of its four services in a bid to cut costs
EU tightens port security Transport Commissioner Loyala de Palacio said an EU-wide security regime would enhance protection against terrorist acts in ports that are "particularly vulnerable parts of the logistics chain."
CN labor talks go down to the wire Union and management representatives are negotiating in an effort to head off a strike that could start just after midnight.
ILA, management remain optimistic The International Longshoremen's Association and United States Maritime Alliance concluded two days of meetings Wednesday and said they remain optimistic they can agree on a new contract six months before the current pact expires.
JNPT board holds off on giving congested Nhava Sheva terminal additional space Jawaharlal Nehru Port Trust's (JNPT) board has delayed P&O Ports-run Nhava Sheva International Container Terminal (NSICT) request for land for a container-stacking yard, until other issues are resolved.
Toll Collect member hopes to salvage Maut, but competitors begin to gather
Mega-ship deployment underscores CMA CGM China strategy
Maersk commences new Pipavav-Salalah service
Grand Alliance cuts port calls on Asia-Europe service
Senator Lines to slot-charter on UASC Asia-Middle East service
Barges bring containers to Port of Greater Baton Rouge for the first time
Statoil gas to Poland after all? Norwegian oil company Statoil is negotiating with Polish gas monopoly company PHNiG to start gas deliveries to Poland. Deliveries would ...
Kongsberg fire 120 people The Kongsberg Group continues the reduction of personnel in Norway and increasing its workforce abroad to optimise financial returns. In ...
Better times ahead for Concordia Concordia Maritime reports a SEK 35.1 million profit for 2003, up by SEK 177.5 million compared to 2002. For 2004 ...
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