Transpacific carriers bullish on freight rates MAJOR carriers on the Asia-US trade lane say the ship capacity squeeze will continue this year after a 'buoyant' first quarter, in a strong push for significant freight rate increases in the lead up to new contract negotiations.
Rate hikes not linked to tanker accidents, single hull phase-out: AET chief CONTRARY to popular thinking, high-profile tanker accidents and the early phase-out of single-hulled tankers have no bearing on VLCC tanker spot rates, according to the head of American Eagle Tankers .
Cargo ship sinks off Sentosa Island A Vietnam-flagged general cargo ship, the Thanh Da, sank yesterday in Singapore port waters off Sentosa Island, according to the Maritime & Port Authority of Singapore.
China Merchants' H2 profit doubles to HK$849m CHINA Merchants Holdings Co, the port operating arm of China's Communications Ministry, more than doubled its second-half profit as soaring exports boosted business at its container terminals.
Aussie shipping chief slams Canberra AN Australian shipping industry leader has described his country as having a vacuous approach to shipping policy.
Let radio officer be in charge of security I READ your article 'Rethink security job issue after ISPS compliance' with interest.
Air and Land Transport
Berlin faces EU action over airport expansion THE European Commission is likely to launch legal action against Germany for violating EU environmental laws with its planned expansion of the Frankfurt airport, European Union sources said on Monday.
Virgin Express posts 19.6m euro loss due to price war
Victor Li to decide on Air Canada by April
Watchdog clears Pentagon plan to buy Boeing refuelling planes
S Korea launches high-speed train
LOG Book
Strait Talk
IMO's voluntary audit scheme to usher in sea changes THERE is a quiet revolution going on behind the scenes at the International Maritime Organisation.
Bulletin Board
Bulletin Board INDEPENDENT shipping and transport service group Gulf Agency Company has appointed Guillaume Gilleron as route development manager to strengthen its logistics business between Europe and Asia Pacific/India.
Transpacific carriers bullish on freight rates MAJOR carriers on the Asia-US trade lane say the ship capacity squeeze will continue this year after a 'buoyant' first quarter, in a strong push for significant freight rate increases in the lead up to new contract negotiations.
Rate hikes not linked to tanker accidents, single hull phase-out: AET chief CONTRARY to popular thinking, high-profile tanker accidents and the early phase-out of single-hulled tankers have no bearing on VLCC tanker spot rates, according to the head of American Eagle Tankers .
Cargo ship sinks off Sentosa Island A Vietnam-flagged general cargo ship, the Thanh Da, sank yesterday in Singapore port waters off Sentosa Island, according to the Maritime & Port Authority of Singapore.
China Merchants' H2 profit doubles to HK$849m CHINA Merchants Holdings Co, the port operating arm of China's Communications Ministry, more than doubled its second-half profit as soaring exports boosted business at its container terminals.
Aussie shipping chief slams Canberra AN Australian shipping industry leader has described his country as having a vacuous approach to shipping policy.
Let radio officer be in charge of security I READ your article 'Rethink security job issue after ISPS compliance' with interest.
Air and Land Transport
Berlin faces EU action over airport expansion THE European Commission is likely to launch legal action against Germany for violating EU environmental laws with its planned expansion of the Frankfurt airport, European Union sources said on Monday.
Virgin Express posts 19.6m euro loss due to price war
Victor Li to decide on Air Canada by April
Watchdog clears Pentagon plan to buy Boeing refuelling planes
S Korea launches high-speed train
LOG Book
Strait Talk
IMO's voluntary audit scheme to usher in sea changes THERE is a quiet revolution going on behind the scenes at the International Maritime Organisation.
Bulletin Board
Bulletin Board INDEPENDENT shipping and transport service group Gulf Agency Company has appointed Guillaume Gilleron as route development manager to strengthen its logistics business between Europe and Asia Pacific/India.
Transpacific carriers bullish on freight rates MAJOR carriers on the Asia-US trade lane say the ship capacity squeeze will continue this year after a 'buoyant' first quarter, in a strong push for significant freight rate increases in the lead up to new contract negotiations.
Rate hikes not linked to tanker accidents, single hull phase-out: AET chief CONTRARY to popular thinking, high-profile tanker accidents and the early phase-out of single-hulled tankers have no bearing on VLCC tanker spot rates, according to the head of American Eagle Tankers .
Cargo ship sinks off Sentosa Island A Vietnam-flagged general cargo ship, the Thanh Da, sank yesterday in Singapore port waters off Sentosa Island, according to the Maritime & Port Authority of Singapore.
China Merchants' H2 profit doubles to HK$849m CHINA Merchants Holdings Co, the port operating arm of China's Communications Ministry, more than doubled its second-half profit as soaring exports boosted business at its container terminals.
Aussie shipping chief slams Canberra AN Australian shipping industry leader has described his country as having a vacuous approach to shipping policy.
Let radio officer be in charge of security I READ your article 'Rethink security job issue after ISPS compliance' with interest.
Air and Land Transport
Berlin faces EU action over airport expansion THE European Commission is likely to launch legal action against Germany for violating EU environmental laws with its planned expansion of the Frankfurt airport, European Union sources said on Monday.
Virgin Express posts 19.6m euro loss due to price war
Victor Li to decide on Air Canada by April
Watchdog clears Pentagon plan to buy Boeing refuelling planes
S Korea launches high-speed train
LOG Book
Strait Talk
IMO's voluntary audit scheme to usher in sea changes THERE is a quiet revolution going on behind the scenes at the International Maritime Organisation.
Bulletin Board
Bulletin Board INDEPENDENT shipping and transport service group Gulf Agency Company has appointed Guillaume Gilleron as route development manager to strengthen its logistics business between Europe and Asia Pacific/India.
Transpacific carriers bullish on freight rates MAJOR carriers on the Asia-US trade lane say the ship capacity squeeze will continue this year after a 'buoyant' first quarter, in a strong push for significant freight rate increases in the lead up to new contract negotiations.
Rate hikes not linked to tanker accidents, single hull phase-out: AET chief CONTRARY to popular thinking, high-profile tanker accidents and the early phase-out of single-hulled tankers have no bearing on VLCC tanker spot rates, according to the head of American Eagle Tankers .
Cargo ship sinks off Sentosa Island A Vietnam-flagged general cargo ship, the Thanh Da, sank yesterday in Singapore port waters off Sentosa Island, according to the Maritime & Port Authority of Singapore.
China Merchants' H2 profit doubles to HK$849m CHINA Merchants Holdings Co, the port operating arm of China's Communications Ministry, more than doubled its second-half profit as soaring exports boosted business at its container terminals.
Aussie shipping chief slams Canberra AN Australian shipping industry leader has described his country as having a vacuous approach to shipping policy.
Let radio officer be in charge of security I READ your article 'Rethink security job issue after ISPS compliance' with interest.
Air and Land Transport
Berlin faces EU action over airport expansion THE European Commission is likely to launch legal action against Germany for violating EU environmental laws with its planned expansion of the Frankfurt airport, European Union sources said on Monday.
Virgin Express posts 19.6m euro loss due to price war
Victor Li to decide on Air Canada by April
Watchdog clears Pentagon plan to buy Boeing refuelling planes
S Korea launches high-speed train
LOG Book
Strait Talk
IMO's voluntary audit scheme to usher in sea changes THERE is a quiet revolution going on behind the scenes at the International Maritime Organisation.
Bulletin Board
Bulletin Board INDEPENDENT shipping and transport service group Gulf Agency Company has appointed Guillaume Gilleron as route development manager to strengthen its logistics business between Europe and Asia Pacific/India.
Panama: Fuel oil supply improved, gas oil now tight While fuel oil supply on the Panama canal has improved, gas oil inventories are now low and affecting the IFO180 market.
US tug owners fined record $10 million for HFO spill
Prompt supply still tight as Fujairah awaits replenishment Earliest supply dates still dictated by resupply cargoes as most players continue tight.
Singapore sales hint at another record year
Ocean Energy announces team expansion
Saudi supports April cut but OPEC still split Influential OPEC member Saudi Arabia today hinted that April cuts would go ahead, while Kuwait called for the quota cut to be postponed.
Shanghai futures exchange 'two or three months' away Restart of fuel oil exchange approved but requires more preparation.
Rotterdam marginally softer this morning
Dubai group wins bid for Cochin terminal share Plans for international bunkering terminal and other facilities pressing ahead, says Cochin Port Trust chairman.
Competitive numbers fuel demand in Hong Kong and Taiwan Steady numbers creating good demand and a lack of avails are pushing prompt dates back in Hong Kong and Taiwan
Boxship and LPG carrier collide The liquefied petroleum gas carrier Maingas and the containership MSC Mee May (above) collided on the river Seine on Friday, after a blackout hit the gas carrier, which was en route for the port of Rouen, writes Eric Houri .
IMO rejects sensitive sea areas freeze THE guidelines governing Particularly Sensitive Sea Areas may be the subject of a future review, but for the time being the International Maritime Organization considers the designation of whole seas compatible with the PSSA concept.
Mutuals start free partial cover against 'bio-chem' attacks SHIPOWNER mutual insurers have stepped in to help plug a commercial market gap that left most operators without any cover against biological or chemical attack by terrorists, writes James Brewer.
KfW bank buys Royal Olympic cruiseships GERMANY'S publicly-owned reconstruction bank, KfW, has bought two Royal Olympic cruiseships auctioned off in the US, writes Katrin Berkenkopf in Cologne.
Canberra unveils livestock rules LIVE animal exports will not be banned from Australia's southern ports in winter months but all livestock shipments to the Middle East will require an onboard vet who reports to the Australian Quarantine and Inspection Service (AQIS)
Have your say! This week the MEPC will probably approve measures to reclassify vegetable oils so they are treated as chemicals but is there really a danger from a vegetable oil spill?
'Record' fine for barge oil spill THE US Department of Justice has levied a $10M fine on New York-based towage company Bouchard Transportation Company (BTC) for its role in a 27 April 2003 spill
Mayflower fights for survival UK ENGINEERING group Mayflower Plc, which owns a specially built jack-up vessel to install offshore wind farm turbines, is fighting to solve significant financial problems.
Tanzania plans port privatisation A DELEGATION from Tanzania is visiting a number of UK ports this week as part of their port privatisation programme, which is to be implemented over the next 18 months.
St Petersburg doubles cruise calls ACCORDING to St Petersburg Port Authority spokesman, Andrei Markelov, advance berth bookings for this years cruise season indicate that 520 port calls are planned.
NOL rates, volume up in Feb. Carrier says strong cargo flow on key Asia-Europe, trans-Pacific and intra-Asia long-haul routes boosted average rates by 16 percent.
China gets new inland box hub Longtan, largest inland container depot, will boost capacity at Port of Nanjing.
FedEx China sales up 40%
Malacca Straits could be terrorist nuke target: Report
Airbus sees strong cargo market
Canada proposed ship safety rules
Dragonair expands fleet, cargo service
MOL to transfer LNG ship management
Kochi box hub bid approved
RailAmerica sells off last of overseas holdings
MOL launches Web track-and-trace
New York wants to drive truckers to non-peak hours
Dredging protocol alarms Greens Environmentalists are gearing up for a battle with the government and ports industry, following the development of a maintenance dredging protocol which, they fear, will circumvent the Birds and Habitats Directive.
FMC revokes nine NVOCC licenses
Freight Australia succumbs to Pacific National's advances
Northport reviews growth strategies
SNCF Fret deficit grows
Canadian transport minister stresses intermodal co-operation
Malaysian railway to introduce second rail service
Danes seek growth in key markets
Containerships Oy test Amsterdam's Ceres Paragon Terminal
TSA predicts dynamic 2004, but warns of cost-pressures
Competition Commission waves through Nedlloyd's PONL acquisition
Stolt-Nielsen seals new loan New deal with Deutsche Bank will pay off previous facility led by DnB.
Zim back in the shekels But honeymoon appears to be over as Ofer owing group face seafarer strike over ship sales.
Todd cuts 500 on failed deal US Navy opts not to modernise supply ship, forcing redundancies.
Ship sinks off Singapore Seven crew rescued after freighter capsizes near ferry terminal.
Aker Ostsee yards extend orders German owners stack up boxships at home yards.
Europe yards spend on research Seven-strong consortium and EC to plough $46m into R&D.
NYK orders China-built VLCCs Shipowner looks outside Japan as it continues very large crude carrier replacement programme.
Bourbon firmly in black Booming bulk business boosted French owner's 2003 profits.
Legal bills rise for Odfjell Lawyers fees add millions to the cost of the chemical tanker owner's antitrust settlement.
Rieber reaps sale cash Norwegian owner sells research ship to book gain in second quarter.
MHI to set up Mexican office Japanese shipbuilder and engineering group seeks handle in Central America.
Canada tightens safety rules Government proposes higher standards for shipping to match SOLAS requirements.
MBC seals NYK bulker tie-up Parties to share income from Malaysian Bulk Carriers' panamax newbuild chartered to Japan owner.
Nedlloyd deal cleared by EC Dutch takeover of P&O Nedlloyd raises no competition issues in Europe.
Van der Giessen may live on New steel-making owner of Dutch yard does not rule out restarting shipbuilding.
ANL ups Kiwi costs Container line blames increasing charter costs for need to increase rates on New Zealand cargoes.
MOL beefs up LNG arm Japanese giant funnels all its LNG carriers off into one management company.
Strong start for bunker sales Singapore's January bunker sales reached the second highest level seen in the past thirteen months.
Record fine for Bouchard US owner admits guilt in barge spill last April, which released 98,000 gallons of oil.
Profits triple at Titan VLCC charters boost results at owner and oil trader as shipping chips in over 80% of profits.
Baosteel deal prompts VLOC order Mitsu OSK Lines has signed a fourth long-term contract to ship iron ore for Chinese steel giant.
Second credit agency will review Genmar's ratings Moody's joins S&P in scrutiny of Soponata deal, but Genmar shares register 11% rise in New York in heavy trading.
Ex-official claims Al Qaeda used LNG ships Former aid says terrorists entered Boston on Algerian gas carriers, though FBI refutes claims.
Small amounts of oil from wrecked barge So far only small amounts of heavy fuel oil has been localised on the shores in the Swedish archipelago south ...
Higher state of alert in case of environmental accidents Safe and reliable handling of dangerous waste related to environmental accidents ashore. This is the basis of the collaboration agreement ...
New contracts for cargo access equipment TTS Ships Equipment in G'teborg has received two new orders for cargo access equipment. The company will supply cargo access ...
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