Handling charges must go: shippers AHEAD of a key meeting between shippers and ocean carriers next week, the Federation of Asean Shippers' Councils has again called for the abolition of terminal handling charges , saying transparency and cooperation is the best way forward.
THCs charged at both ends often exceed freight rates CONTROVERSIAL Terminal Handling Charges were first introduced by the Far Eastern Freight Conference in 1990 as it restructured the box tariff to separate freight rates, denominated in US dollars, from port charges priced in local currencies.
US warns of attacks on Asia's shipping and financial hubs US officials yesterday warned Asia to be on guard against terror attacks in crowded sea lanes and in financial centres such as Hong Kong.
Sorth Korea orders tighter port security SOUTH Korea's intelligence service has ordered ports to extend heightened security measures amid reports of a threat to countries that have backed the US-led war on terror, a government official said yesterday.
P&O inks 40-year deal to operate container terminal at Antwerp PSA International will face tougher competition at its biggest terminal investment, in Antwerp, after rival P&O Ports formalised its 40-year concession to operate the opposing bank of the Belgian port's new dock.
Kuehne & Nagel bags licence for China unit KUEHNE & Nagel International, the world's biggest sea-freight shipper, said it won a licence to operate a fully owned subsidiary in China, helping reduce dependence on partners.
Separate insurance scheme for passenger vessels urged THE Asian Shipowners Forum has urged P&I Clubs to reach agreement on a separate insurance scheme for passenger vessels, to lower the liability burden on cargo shipping.
Air and Land Transport
IATA challenges new EU compensation rules WORLD airlines launched a legal challenge against new European Union rules that would allow boosted compensation for passengers who face delays or cancelled flights.
EU-US anti-terror deal hits legal hurdle
Why American Air sucks
Reduction in Sri Lanka's landing fees urged
Thai Airways to boost Bangalore services
Admiralty Casebook
When goods transported by sea are damaged on land A CARRIER can limit its liability under the US Carriage of Goods by Sea Act although damage to cargo occurred on land while it was being re-stowed at an intermediate port, a US appeals court ruled last week.
Handling charges must go: shippers AHEAD of a key meeting between shippers and ocean carriers next week, the Federation of Asean Shippers' Councils has again called for the abolition of terminal handling charges , saying transparency and cooperation is the best way forward.
THCs charged at both ends often exceed freight rates CONTROVERSIAL Terminal Handling Charges were first introduced by the Far Eastern Freight Conference in 1990 as it restructured the box tariff to separate freight rates, denominated in US dollars, from port charges priced in local currencies.
US warns of attacks on Asia's shipping and financial hubs US officials yesterday warned Asia to be on guard against terror attacks in crowded sea lanes and in financial centres such as Hong Kong.
Sorth Korea orders tighter port security SOUTH Korea's intelligence service has ordered ports to extend heightened security measures amid reports of a threat to countries that have backed the US-led war on terror, a government official said yesterday.
P&O inks 40-year deal to operate container terminal at Antwerp PSA International will face tougher competition at its biggest terminal investment, in Antwerp, after rival P&O Ports formalised its 40-year concession to operate the opposing bank of the Belgian port's new dock.
Kuehne & Nagel bags licence for China unit KUEHNE & Nagel International, the world's biggest sea-freight shipper, said it won a licence to operate a fully owned subsidiary in China, helping reduce dependence on partners.
Separate insurance scheme for passenger vessels urged THE Asian Shipowners Forum has urged P&I Clubs to reach agreement on a separate insurance scheme for passenger vessels, to lower the liability burden on cargo shipping.
Air and Land Transport
IATA challenges new EU compensation rules WORLD airlines launched a legal challenge against new European Union rules that would allow boosted compensation for passengers who face delays or cancelled flights.
EU-US anti-terror deal hits legal hurdle
Why American Air sucks
Reduction in Sri Lanka's landing fees urged
Thai Airways to boost Bangalore services
Admiralty Casebook
When goods transported by sea are damaged on land A CARRIER can limit its liability under the US Carriage of Goods by Sea Act although damage to cargo occurred on land while it was being re-stowed at an intermediate port, a US appeals court ruled last week.
Handling charges must go: shippers AHEAD of a key meeting between shippers and ocean carriers next week, the Federation of Asean Shippers' Councils has again called for the abolition of terminal handling charges , saying transparency and cooperation is the best way forward.
THCs charged at both ends often exceed freight rates CONTROVERSIAL Terminal Handling Charges were first introduced by the Far Eastern Freight Conference in 1990 as it restructured the box tariff to separate freight rates, denominated in US dollars, from port charges priced in local currencies.
US warns of attacks on Asia's shipping and financial hubs US officials yesterday warned Asia to be on guard against terror attacks in crowded sea lanes and in financial centres such as Hong Kong.
Sorth Korea orders tighter port security SOUTH Korea's intelligence service has ordered ports to extend heightened security measures amid reports of a threat to countries that have backed the US-led war on terror, a government official said yesterday.
P&O inks 40-year deal to operate container terminal at Antwerp PSA International will face tougher competition at its biggest terminal investment, in Antwerp, after rival P&O Ports formalised its 40-year concession to operate the opposing bank of the Belgian port's new dock.
Kuehne & Nagel bags licence for China unit KUEHNE & Nagel International, the world's biggest sea-freight shipper, said it won a licence to operate a fully owned subsidiary in China, helping reduce dependence on partners.
Separate insurance scheme for passenger vessels urged THE Asian Shipowners Forum has urged P&I Clubs to reach agreement on a separate insurance scheme for passenger vessels, to lower the liability burden on cargo shipping.
Air and Land Transport
IATA challenges new EU compensation rules WORLD airlines launched a legal challenge against new European Union rules that would allow boosted compensation for passengers who face delays or cancelled flights.
EU-US anti-terror deal hits legal hurdle
Why American Air sucks
Reduction in Sri Lanka's landing fees urged
Thai Airways to boost Bangalore services
Admiralty Casebook
When goods transported by sea are damaged on land A CARRIER can limit its liability under the US Carriage of Goods by Sea Act although damage to cargo occurred on land while it was being re-stowed at an intermediate port, a US appeals court ruled last week.
Gove likely to bring down import prices of soya oil
MMTC plans to export 15 lakh tonnes wheat in 2004-05
Import of sugar unlikely: Official
CONCOR North-West Region records highest ever throughput in 2003-04 - ICD-Sabarmati registers phenomenal growth; reconfirms position as 2nd biggest ICD in India
CONCOR wants higher haulage charges for tea shipments between Amingaon ICD and Haldia
DTA suppliers to SEZs may get DEPB scheme benefits from May 1
Tax collections exceed Budget estimates at Rs 2,52,162 cr. in 2003-04
Govt taking steps to minimise exporters' transaction costs, says DGFT
AIAI chief seeks separate dept for young entrepreneurs
Kutch Int'l Trade Fair in city from April 30
Seminar on 'The Barcelona-India Trade Bridge' on April 28
No resolution as strike enters second week Bunker suppliers meeting enquiries on a 'best endeavour' basis as strike puts $75m a-day squeeze on Canadian economy.
ARA soft, bitumen season drains Antwerp's avails
Bunker market steady despite crude loss, inventory gains Swelling Singapore stocks of residual fuels has done little to pressure fuel oil prices in the port.
Golden Week deadline fast approaching in Japan Suppliers have downplayed the significance of the refinery fire near Tokyo, with Golden Week a more pressing obstacle to supply.
Bearish crude keeps Italian market muted
Singapore residual stocks approach tank-top level Fuel oil supply overhang in Singapore despite Chinese buying spree in April well above projected demand.
Reports: MPA in bunker contamination probe Singapore market sources play down significance of rumours linking Fujairah contamination with Singapore debunkering.
Report says OPEC exports fell sharply in April The market had doubts that OPEC would pay anything but lip service to cuts, but report suggests otherwise.
Mitropoulos speaks out against criminalisation CRIMINAL prosecution for non-compliance was "never envisaged when IMO conventions were drafted", writes the secretary-general Efthimios Mitropoulos in Lloyd's List today.
Brussels rebukes container lines' inertia CONTAINER lines and their customers were publicly admonished by the European Commission yesterday for failing to come forward with fresh ideas about industry regulation.
Transpacific lines 'fail to secure' freight rate hikes CONTAINER lines hoping for another round of beefy freight rate increases on the all-important eastbound transpacific trades could be in for a big disappointment, with anecdotal reports indicating that shippers have the upper hand in this year's annual contract negotiations, writes Janet Porter.
Plan for single European reinsurance market BRUSSELS has proposed a new law aimed at creating a single market in the European Union reinsurance industry.
Express Samina crew lose licences THREE of the Express Samina crew, which sank in September 2000 with a loss of 82 lives, have lost their licence while a forth received a three-year suspension order
Q Ship moves into construction QATAR-based Q Ship has continued its diversification strategy by moving into the booming construction sector
Objections over manning crack-down MANNING companies in India say moves to weed out substandard operators will bring more bureaucratic obstacles
Bulker master faces '250,000 fine FRENCH prosecutor Yves Le Du has asked a court in Brest to impose a €250,000 ($300,000) fine against the Egyptian master of the bulk carrier Nicholas M
P&O plans to concentrate on Caen P&O Ferries' future on the English channel was thrown into question yesterday when chief executive Robert Woods revealed plans to drop Le Havre
Arica strike resolved THE bitter port strike that saw the north Chile port of Arica closed for nine days has been resolved with the government in Santiago giving in to stevedores' demands
EC ready to supply information on 'indispensibility' of conferences The European Commission is determined to press ahead with its review of conference regulation - and even of consortia - whether interested parties supply information on the regulations' 'indispensibility' or not.
Mediator intervenes in Canadian west-coast tugboat strike
HPH takes pragmatic approach to 'who pays?' principle
Despite Southampton-capacity rejection, Continental ports not celebrating
CN reports Q1 profit gain despite strike impact on intermodal
Further North Asia China Australia service details emerge
EU enlargement threatens legal status of seafarers EU seafarer's unions, the EU Commission and the European Community Shipowners' Associations (ECSA) meet next Thursday to decide the status ...
Tribon Solutions bought by Aveva Swedish software company Tribon Solutions is bought by the Cambridge based Aveva group for GBP 15.0 million (EUR 22.4 million ...
Lauritzen Kosan/Exmar buy LPG carriers In an effort to expand petroleum gas carrying capacity in the Far East, Lauritzen Kosan and Exmar have joined forces ...
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