Japan to hold anti-piracy drills with Thailand JAPAN has dispatched a helicopter equipped patrol vessel to participate in antipiracy exercises with Thailand and the Philippines, continuing with its commitment to assist countries in the region in fighting piracy and terrorism at sea.
Shipwreck blocking Mississippi being removed SALVAGE divers worked to move a shipwreck that has obstructed the lower Mississippi River since the weekend and bottled up scores of freighters and cruise ships.
RCL profit down REGIONAL Container Lines , Thailand's third-biggest shipping company by market value, said profit last year dropped as costs rose.
China considers building terminal for Aussie LNG CHINA, the largest energy user after the US, is studying building a liquefied natural gas terminal to supply coastal Shanghai and Zhejiang province with fuel shipped from Western Australia state, said Premier Geoff Gallop.
Iraqi port to boost oil exports to near pre-war volumes IRAQ said on Tuesday it was due shortly to open a new oil terminal in the Gulf which will enable Iraq to boost crude exports close to volumes seen before the war.
Air and Land Transport
Jetstar's A$29 offer sparks price war with Virgin Blue QANTAS Airways Ltd's discount carrier Jetstar started a price war with Virgin Blue Holdings Ltd, when it offered 100,000 tickets at an introductory price of A$29 . Virgin Blue responded by offering twice as many seats at that price.
Rolls-Royce: no jump in R&D funds for 7E7
Lufthansa Technik seeks to bolster business in Asia
Indian low-cost carrier Air Deccan to buy Airbus jets
Japan to hold anti-piracy drills with Thailand JAPAN has dispatched a helicopter equipped patrol vessel to participate in antipiracy exercises with Thailand and the Philippines, continuing with its commitment to assist countries in the region in fighting piracy and terrorism at sea.
Shipwreck blocking Mississippi being removed SALVAGE divers worked to move a shipwreck that has obstructed the lower Mississippi River since the weekend and bottled up scores of freighters and cruise ships.
RCL profit down REGIONAL Container Lines , Thailand's third-biggest shipping company by market value, said profit last year dropped as costs rose.
China considers building terminal for Aussie LNG CHINA, the largest energy user after the US, is studying building a liquefied natural gas terminal to supply coastal Shanghai and Zhejiang province with fuel shipped from Western Australia state, said Premier Geoff Gallop.
Iraqi port to boost oil exports to near pre-war volumes IRAQ said on Tuesday it was due shortly to open a new oil terminal in the Gulf which will enable Iraq to boost crude exports close to volumes seen before the war.
Air and Land Transport
Jetstar's A$29 offer sparks price war with Virgin Blue QANTAS Airways Ltd's discount carrier Jetstar started a price war with Virgin Blue Holdings Ltd, when it offered 100,000 tickets at an introductory price of A$29 . Virgin Blue responded by offering twice as many seats at that price.
Rolls-Royce: no jump in R&D funds for 7E7
Lufthansa Technik seeks to bolster business in Asia
Indian low-cost carrier Air Deccan to buy Airbus jets
Oil prices surge as US data and OPEC underpin supply worries OPEC today remained adamant that it will cut quotas by 1 million bpd in April, and cut back on quota cheating to the tune of 1.5 million bpd before then. Add to that evidence that US commercial oil stocks remain wafer thin, and the outlook remains strong although there are fears that speculators have amassed too many long positions.
Muted demand leaves East Coast suppliers split on pricing
Salvage work sees Mississippi closure reach Day 6 More than 100 commercial vessels were reported to be awaiting the reopening of the Mississippi River near New Orleans today.
US oil stocks affected by fall in crude imports, refinery runs
Russian IFO upsurge threatens English transfer sites The rapid rise of ship-to-ship transfers of Russian IFO fuel oil cargoes in United Kingdom waters has prompted authorities to consider banning the practise in two sites on the English south coast.
World Fuels Services announces 53% profit growth Miami-based marine fuel services provider World Fuel Services Corporation (WFS) today announced an annual profit after tax of $21.9 million for 2003 - a 53% rise year-on-year.
Abandoned strike does little for Piraeus demand Workers at two of Piraeus' three refineries were today reported to have abandoned a strike that threatened to disrupt bunker supplies in the port.
Saudi Arabia: Decreased demand sees avails improve
Replenishment stocks fail to meet demand in Fujairah Bunker suppliers in Fujairah said today that replenishment stocks, which arrived earlier this week, could not meet demand in the bunkering hub.
Tight end of month avails support South Korean numbers
Rotterdam firm, prompt barges tight
Lukoil puts faith in Primorsk market growth Russian bunker supplier Lukoil-Neva LLC has boosted its bunker supply capacity in the port of Primorsk in the Gulf of Finland. With growing tanker traffic, the potential customer base for bunkering at Primorsk is expanding.
Singapore suppliers responding to Accreditation Scheme The Maritime and Port Authority of Singapore said today that 70 bunker suppliers in the multi-billion dollar bunker hub had already registered with the authority under its accreditation scheme, launched last April.
Charter costs threaten Intra-Asian services INTRA-Asian and feeder operators are warning that if they do not get freight rate increases, services will have to be cut as they cannot cover soaring charter costs.
Tanker transfers off English south coast may be curbed TANKER transfers off England's southern coast could be banned or heavily regulated if local councils can force through regulations that have been in draft since 1997.
Offen on course for the history books... but will record last? IN A business where records are being demolished almost daily, German shipowner Claus-Peter Offen is the latest to make history, with reports of an order for nine containerships in excess of 9,000 teu.
Cosco seals boxship charters COSCO Container Lines has inked 10-year charter parties for five large post-panamax container ships that will be built by Hyundai Heavy Industries for Greek operator Costamare Shipping.
Moby goes to market in Milan MOBY, the Italian ferry operator owned by Vincenzo Onorato, is preparing for a listing on the Milan stock exchange through an initial public offering of a 40% stake
Irish seafarers hold strike ballot THE Irish Congress of Trade Unions has became dragged into the Irish Ferries dispute, which today saw 450 seafarers from three of the operator's four ships laid off
Maersk boxship leaking pesticide MAERSK Sealand containership Sealand Pride is leaking the pesticide malathion into the Atlantic Ocean off Charleston, South Carolina
Mississippi closure hits 100 ships MORE than 100 commercial vessels await the reopening of the Mississippi river near New Orleans as the Coast Guard continues salvage operations
Dredging Corp seeks partner DREDGING Corp of India has appointed consultant PriceWaterhouseCooper to search for suitable foreign dredging companies with a view to forming a joint venture
Brostrom doubles net profit BROSTROM, the listed Swedish product tanker company, almost doubled its net profit to SK238M ($29M) last year from SK139M in 2002, driven by higher freight rates
First box shipped under Operation Safe Commerce security test The first container to be shipped under the Operation Safe Commerce (OSC) project, assessing supply-chain security, is due to leave Tokyo for the US this week.
Concern over cuts in Italian budget for transport infrastructure
Owners' anxiety 'completely disappeared', but they must weigh options, warn brokers
Port Kembla steps up for Sydney traffic
OOCL's lean machine flexes its electronic muscle
Liner revenues help steer NOL's return course to profitability
Sendai attracts Heung-A Shipping
Senator preaches co-operative philosophy
Mississippi remains blocked, but ships wait rather than divert
Former Scandlines boss found dead It is now certain, that Ole Rendb'k, the former CEO of Scandlines committed suicide in December last year. His body ...
Broström profit up The Swedish tanker operator Broström reports a SEK 238 million (EUR 25,8 million) profit for 2003, up by SEK 99 ...
"Unexplainable starboard turn" and passivity caused collision In the last moment, the district court in G'teborg decided to reject the demand from Stena Line to keep the ...
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