S'pore port shatters records DESPITE intensifying regional competition Singapore broke existing records for its bunker sales, shipping tonnage and container throughput for 2003, according to statistics released yesterday by the Maritime and Port Authority of Singapore.
Storm sinks dream of reviving US shipbuilding AN ambitious plan by the US government to revive the American commercial shipbuilding industry is under water - quite literally.
Panama Canal charges up THE Panama Canal Authority is increasing charges for ancillary services.
Salvage work underway to tow Rocknes to shipyard FOURTEEN ships supported by aircraft have begun towing an overturned Norwegian cargo ship to land after it capsized on Jan 19 in a Norwegian fjord, killing 18 sailors including 16 Filipinos, the Norwegian coast guard said.
Air and Land Transport
Thai Airways unveils partners for budget carrier THAI Airways International Pcl, the country's biggest carrier, will join the local franchisee of 7-Eleven Inc and four other partners to set up a no-frills airline that will start flying in the second quarter, Thai Airways president Kanok Abhiradee said.
Global air travel down 2.4% last year
Flights in US, Europe delayed, cancelled
MAS to have armed marshals on US flights
EU approves plan for single European sky in five years
Irish airline Jetmagic folds up in less than a year
Admiralty Casebook
Bank doesn't owe duty of care to mortgagor when arresting vessel THE English Court of Appeal recently upheld the decision of a lower court that a mortgagee bank in a ship mortgage did not owe a duty of care to the borrower in deciding when to arrest a vessel or whether to release the vessel from arrest.
S'pore port shatters records DESPITE intensifying regional competition Singapore broke existing records for its bunker sales, shipping tonnage and container throughput for 2003, according to statistics released yesterday by the Maritime and Port Authority of Singapore.
Storm sinks dream of reviving US shipbuilding AN ambitious plan by the US government to revive the American commercial shipbuilding industry is under water - quite literally.
Panama Canal charges up THE Panama Canal Authority is increasing charges for ancillary services.
Salvage work underway to tow Rocknes to shipyard FOURTEEN ships supported by aircraft have begun towing an overturned Norwegian cargo ship to land after it capsized on Jan 19 in a Norwegian fjord, killing 18 sailors including 16 Filipinos, the Norwegian coast guard said.
Air and Land Transport
Thai Airways unveils partners for budget carrier THAI Airways International Pcl, the country's biggest carrier, will join the local franchisee of 7-Eleven Inc and four other partners to set up a no-frills airline that will start flying in the second quarter, Thai Airways president Kanok Abhiradee said.
Global air travel down 2.4% last year
Flights in US, Europe delayed, cancelled
MAS to have armed marshals on US flights
EU approves plan for single European sky in five years
Irish airline Jetmagic folds up in less than a year
Admiralty Casebook
Bank doesn't owe duty of care to mortgagor when arresting vessel THE English Court of Appeal recently upheld the decision of a lower court that a mortgagee bank in a ship mortgage did not owe a duty of care to the borrower in deciding when to arrest a vessel or whether to release the vessel from arrest.
S'pore port shatters records DESPITE intensifying regional competition Singapore broke existing records for its bunker sales, shipping tonnage and container throughput for 2003, according to statistics released yesterday by the Maritime and Port Authority of Singapore.
Storm sinks dream of reviving US shipbuilding AN ambitious plan by the US government to revive the American commercial shipbuilding industry is under water - quite literally.
Panama Canal charges up THE Panama Canal Authority is increasing charges for ancillary services.
Salvage work underway to tow Rocknes to shipyard FOURTEEN ships supported by aircraft have begun towing an overturned Norwegian cargo ship to land after it capsized on Jan 19 in a Norwegian fjord, killing 18 sailors including 16 Filipinos, the Norwegian coast guard said.
Air and Land Transport
Thai Airways unveils partners for budget carrier THAI Airways International Pcl, the country's biggest carrier, will join the local franchisee of 7-Eleven Inc and four other partners to set up a no-frills airline that will start flying in the second quarter, Thai Airways president Kanok Abhiradee said.
Global air travel down 2.4% last year
Flights in US, Europe delayed, cancelled
MAS to have armed marshals on US flights
EU approves plan for single European sky in five years
Irish airline Jetmagic folds up in less than a year
Admiralty Casebook
Bank doesn't owe duty of care to mortgagor when arresting vessel THE English Court of Appeal recently upheld the decision of a lower court that a mortgagee bank in a ship mortgage did not owe a duty of care to the borrower in deciding when to arrest a vessel or whether to release the vessel from arrest.
Lower pricing not enough to tempt West Coast buyers
One Goodbye, one job change at O.W. Bunker
ARA markets quiet despite low pricing
Singapore fuel oil halts post-holiday slide Although WTI crude values have been considerably softer for 3 consecutive days, including a 50 cents per barrel drop last night, fuel oil cargo values in Singapore fell only a tiny bit yesterday and closed steady to a tad firmer today.
Cold weather becomes an issue in Korea Its been very, very quiet in Korea for the last few days, with market movements, competition and bad weather all having a share in keeping buyers' hands firmly in their pockets.
Tokyo barge avails to see no respite in February Japan's bunker market is slowly ticking toward the end of the month in a steady to bearish state this afternoon, with no new operational problems or delays and not enough demand to cause any.
Rotterdam: Barge jetty out at Vopak
Singapore's MPA confirms 2003 bunker and tonnage record The Maritime and Port Authority of Singapore confirmed today that the port of Singapore managed to break its 2001 record and set a new bunker sales high for 2003 of 20.8 million metric tonnes.
SMP announces new CEO Shell Marine Products (SMP), a global supplier of marine fuels, lubricants and services, has announced the appointment of Michiel Kool as new Chief Executive Officer (CEO).
Little movement for Rotterdam fuel oil, distillates drop
Hutchison faces Rotterdam port security bill revolt HUTCHISON faces a further European rebellion by shipping lines, shippers and freight forwarders opposed to new security surcharges imposed by the Chinese ports giant.
Court orders ExxonMobil to pay $4.5bn for Valdez oil spill OIL giant ExxonMobil has been ordered to pay punitive damages of $4.5bn in the latest round of a long running legal battle over the 1989 Exxon Valdez oil spill.
Five Curnow directors accused of St Helena fraud FIVE directors of Curnow Shipping conspired to defraud a vital government-aided service of £890,000, a court heard yesterday.
Moss crosses Lime Street to join Aviva LLOYD'S is to lose its finance chief, Andrew Moss, to an insurance group based across the road from Lime Street - the UK's largest insurer, Aviva, writes James Brewer.
Pride payment to test relationship THE relationship between Norwegian Cruise Line and German shipyard Lloyd Werft will be put to the test tomorrow when the next purchase instalment for the Pride of America is payable
Cruise costs hit Royal Caribbean ROYAL Caribbean has reported net income of $280.7M for 2003, below the $351.3M posted for 2002 even though revenues climbed to $3.8Bn from $3.4Bn in 2002
US gets tough on foreign ports ANY country denying access to US government port inspectors after 1 July will be deemed non-compliant and its vessels "subject to extensive port state control actions"
Cochin unions to strike COCHIN port worker unions have announced an indefinite strike from 11 February in protest at the privatisation of the RGCT terminal
Majestic acquires ROC's Countess GREEK operator Majestic International Cruises has acquired Royal Olympic Cruises' 16,795gt/950-passenger Olympia Countess for $6.1M
Genoa's Gallanti delays decision GENOA Port Authority chief Giuliano Gallanti has delayed a controversial terminal concession decision until he steps down
Volume gains boost UPS earnings Results helped by strong domestic and international shipments, tax gain.
Importers await next ACE release New Customs program will allow the payment of import duties each month rather than by current transaction-by-transaction basis.
Delay for TEA highway funding bill
Lines raise U.S.-S. Europe rates
Loss for Kansas City Southern
Kirby turnaround on inland acquisitions
Northcott to lead AAEI
Bangladesh moves ahead with inland terminal project
Hanjin shifts HK terminal call from CSXWT to HIT Hanjin Shipping has confirmed that it is in negotiations to move its terminal call in Hong Kong from CSX World Terminals (CSXWT) to Hutchison International Terminals (HIT).
German Maut: third attempt at the end of 2004 The controversial German truck toll - the Maut - is now set to start on December 31, 2004, in a simplified form, with the full satellite-controlled system being introduced a year later.
Firming Atlantic EB will boost carrier returns
UASC launches dedicated Asia-Middle East service
Iceland's Eimskip moves to APM Terminals in Aarhus
New container terminal to link Bangladeshi ports with capital
Port of Everett plans new dock for giant Boeing containers
New Delhi contemplates private rail operators
Last of chemical-container recovery operation being mopped up
Eurosib develops 'Eurasian' cargo routes
BeNeLux rival ports release final figures
BAF rises in European, Mediterranean and Mid-East trades
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