Indonesian proposal may hit S'pore-based lines SINGAPORE-based shipping lines could be among those hit by an Indonesian shipping ministry proposal requiring key commodities to be shipped domestically by national flagged vessels.
APL Logistics sets up rep office in Kenya NEPTUNE Orient Lines' APL Logistics has extended its global network to Kenya in order to tap the country's growing garment manufacturing industry.
Busan's throughput up 9.7% BUSAN port, South Korea's busiest, handled 9.7 per cent more containers last year, boosted by an increase in the country's exports of electronics goods, tyres and other products.
Cruise cut abruptly THE cruise ship European Stars, owned by Italian cruise operator Festival Crociere, sits moored in Barcelona, Spain, after a Spanish judge impounded the ship because the operator owed creditors more than 4 million euros .
Air and Land Transport
US air passenger traffic slashed in new forecast IN 2000, as air travel was surging, the Federal Aviation Administration estimated that 931 million passengers would board commercial airplanes in the United States in 2010, compared with 624 million in 1999.
Miami bomb joke arrest shows US seriousness about security
Security standards for sky marshals needed: BA chief
Air Canada flight attendants seek bonus to match CEO's
LOG Book
Newbuilds
Insurers act to reduce shipyard risks LAST week the 72,000 gross ton cruise ship Pride of America partially sank at its outfitting berth at German shipyard Lloyd Werft a couple of months before completion.
Indonesian proposal may hit S'pore-based lines SINGAPORE-based shipping lines could be among those hit by an Indonesian shipping ministry proposal requiring key commodities to be shipped domestically by national flagged vessels.
APL Logistics sets up rep office in Kenya NEPTUNE Orient Lines' APL Logistics has extended its global network to Kenya in order to tap the country's growing garment manufacturing industry.
Busan's throughput up 9.7% BUSAN port, South Korea's busiest, handled 9.7 per cent more containers last year, boosted by an increase in the country's exports of electronics goods, tyres and other products.
Cruise cut abruptly THE cruise ship European Stars, owned by Italian cruise operator Festival Crociere, sits moored in Barcelona, Spain, after a Spanish judge impounded the ship because the operator owed creditors more than 4 million euros .
Air and Land Transport
US air passenger traffic slashed in new forecast IN 2000, as air travel was surging, the Federal Aviation Administration estimated that 931 million passengers would board commercial airplanes in the United States in 2010, compared with 624 million in 1999.
Miami bomb joke arrest shows US seriousness about security
Security standards for sky marshals needed: BA chief
Air Canada flight attendants seek bonus to match CEO's
LOG Book
Newbuilds
Insurers act to reduce shipyard risks LAST week the 72,000 gross ton cruise ship Pride of America partially sank at its outfitting berth at German shipyard Lloyd Werft a couple of months before completion.
Indonesian proposal may hit S'pore-based lines SINGAPORE-based shipping lines could be among those hit by an Indonesian shipping ministry proposal requiring key commodities to be shipped domestically by national flagged vessels.
APL Logistics sets up rep office in Kenya NEPTUNE Orient Lines' APL Logistics has extended its global network to Kenya in order to tap the country's growing garment manufacturing industry.
Busan's throughput up 9.7% BUSAN port, South Korea's busiest, handled 9.7 per cent more containers last year, boosted by an increase in the country's exports of electronics goods, tyres and other products.
Cruise cut abruptly THE cruise ship European Stars, owned by Italian cruise operator Festival Crociere, sits moored in Barcelona, Spain, after a Spanish judge impounded the ship because the operator owed creditors more than 4 million euros .
Air and Land Transport
US air passenger traffic slashed in new forecast IN 2000, as air travel was surging, the Federal Aviation Administration estimated that 931 million passengers would board commercial airplanes in the United States in 2010, compared with 624 million in 1999.
Miami bomb joke arrest shows US seriousness about security
Security standards for sky marshals needed: BA chief
Air Canada flight attendants seek bonus to match CEO's
LOG Book
Newbuilds
Insurers act to reduce shipyard risks LAST week the 72,000 gross ton cruise ship Pride of America partially sank at its outfitting berth at German shipyard Lloyd Werft a couple of months before completion.
No repeat of big freeze in St. Petersburg, but supplier prepared After an exceptionally severe winter for 2002/2003, during which St. Petersburg and many other ports in the Baltic Sea became icebound for several months, suppliers in the major Russian port have been blessed with a mild winter so far. ECO Phoenix, which is celebrating its tenth anniversary this month, nevertheless took measures to be prepared to handle ice conditions.
Forecasts: US distillate stocks to fall, crude outlook mixed
Cargo delays spell problems for unlucky few in Fujairah With only a $0.25 rise in fuel oil cargo today, Fujairah numbers have remained relatively stable. Avails are a very different story, with a mixed picture appearing from different sources in the area.
Oil softens a little after latest bull-run Oil prices rallied to fresh 10-month highs yesterday, but were seen easing today even as market analysts were forecasting further drain in US oil stocks when the latest weekly data are issued tomorrow.
Good demand, fair prompt and plentiful avails in Piraeus
Rotterdam steady despite firmer crude
LA supplier says tight market easing, prices to fall
Part-float of Hapag-Lloyd unveiled as Casjens quits GERMAN tourism and shipping giant Tui has decided to part-float the country's largest liner company, Hapag-Lloyd, with 30%-33% of the Hapag-Lloyd shares to be offered to investors in the second half.
Festival confident of overcoming cash crisis as Credit Agricole deadline expires FESTIVAL Cruises said last night that it was still optimistic about finding a solution to its financial difficulties, despite the expiry yesterday of a 1800 hrs deadline for payment of arrears on charter instalments on one of its vessels.
VLCC charter rates hit 30-year high A CHARGE by US refiners to secure oil cargoes from West Africa has boosted charter rates for very large crude carriers to 30-year-highs, writes Martyn Wingrove.
DnB Nor eyes German lending and LNG TWO new task forces to investigate expansion opportunities in the German lending market and the liquefied natural gas sector are part of DnB Nor's growth strategy, the Norwegian giant's head of shipping has told Lloyd's List.
TUI sells Hapag stake to pay debts TUI, the German tour operator that owns Hapag-Lloyd Container Line and Hapag-Lloyd Cruises, is to sell one-third of Hapag-Lloyd shares to raise money
Skikda blast to disrupt GdF supply THE fatal accident at Algeria's Skikda LNG facility, in which 23 people are reported to have been killed and 74 injured, will disrupt France's LNG supplies in the weeks ahead
Democrats want all boxes inspected US Democrats have responded to George Bush's state of the union address by calling for increased homeland security, including inspection of all incoming cargo containers
Market 'overreacts' to Skikda blast A London-based LNG broker says the gas market has overreacted to the news of the blast in Skikda, Algeria
Terrorism not on EMSA agenda THE fledgling European Maritime Safety Agency will be given further responsibilities over pollution but will not be expected to tackle terrorism, EU politicians decided today
Have your say! SHOULD Brazil be criticised for 'reciprocity' in fingerprinting US cruise ship passengers, or is this the only way to get the message across? Have your say!
U.S. keeping China in mind As Asia imports boost rates and spur record volume at LA-Long Beach in 2003, the FMC smooths the way for normalizing U.S.- China maritime trade.
Union Pacific profits up 46% in Q3 Rail carrier's profit jumped in the fourth quarter, helped by growth across all freight categories, and the sale of its trucking business.
Casjens goes as TUI announce Hapag-Lloyd listing In a dual announcement Hapag-Lloyd parent TUI announced the stock listing for the German line at the same time as announcing the departure of board member Gunther Casjens.
CSCL to increase Asia-Europe coverage from one to three services by June China Shipping Container Lines (CSCL) has confirmed its new north China Loop (AEX2) will begin in late February, and its second mainland China loop (AEX3) in June.
Early 2004 charter index gains wipe out late 2003 fall
Shippers express disquiet at Indonesian port competition ruling
APL volumes and utilisation remain strong despite rate-drops
Maersk to assume management control of Pipavav Port
Port of Long Beach sees first upturn in exports since 2000
Distance-charging promising approach to be discussed by transport ministries
FMC closed meeting to debate relaxing NVOCC rules
Automated terminal sets new record handling world's biggest ship
Manufacturing shift prompts APL Logistics to establish Kenya presence
Correction: Canadian ports will meet the ISPS July deadline
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