Lines press ahead with Mexican port plan CONTAINER cargo bottlenecks that kept loaded transpacific container ships waiting for over a week at key US west coast ports during last year's peak season have spurred plans to build a US$1 billion port complex in neighbouring Mexico.
China ports riding high on resilient shipping boom ROBUST China trade is prolonging an upcycle in the global shipping sector, benefiting mainland ports and related firms queueing up for IPOs to raise billions of dollars for new berths and towering loading cranes.
CSCL's Q1 revenue surges 39% CHINA Shipping Container Lines Co Ltd said yesterday its first-quarter revenue rose 38.7 per cent as trade increased and it charged more to ship containers around the world.
Air and Land Transport
Dangers that unchecked piracy poses in South-east Asia IT is very depressing. We are back in a situation where merchant ships carrying on their legitimate business in the waters of South-east Asia run a very real risk of attacks by pirates.
Lines press ahead with Mexican port plan CONTAINER cargo bottlenecks that kept loaded transpacific container ships waiting for over a week at key US west coast ports during last year's peak season have spurred plans to build a US$1 billion port complex in neighbouring Mexico.
China ports riding high on resilient shipping boom ROBUST China trade is prolonging an upcycle in the global shipping sector, benefiting mainland ports and related firms queueing up for IPOs to raise billions of dollars for new berths and towering loading cranes.
CSCL's Q1 revenue surges 39% CHINA Shipping Container Lines Co Ltd said yesterday its first-quarter revenue rose 38.7 per cent as trade increased and it charged more to ship containers around the world.
Air and Land Transport
Dangers that unchecked piracy poses in South-east Asia IT is very depressing. We are back in a situation where merchant ships carrying on their legitimate business in the waters of South-east Asia run a very real risk of attacks by pirates.
FUJCON: Europe will 'lead the world into new era' James Hill of Avin tells FUJCON delegates about the significance of the European bunker market and how impending sulphur legislation may affect Europe and subesquently other markets.
'Jewel of Arabia' sees more room for growth During his opening address at the fourth International Fujairah Bunkering and Fuel Oil Conference (FUJCON) today, Dr. Mohammed Saeed Al-Kindi, Ruler's Office, Fujairah, painted a bright picture of the port's future.
Global tanker fleet grew at fastest rate since 1970s The world's fleet of oil tankers grew at its fastest rate since the 1970s due to owners taking advantage of rising freight rates.
ADNOC makes spot exports, continues to sideline in bunker market ADNOC sells spot fuel oil cargo for export, remaining temporarily on the sidelines in Fujairah's bunker market.
Former Shell VP to join Vopak board
Firm performance at the Port of Tanjung Pelepas Container volumes up at Port of Tanjung Pelepas, more capacity to come online soon.
Onboard blending...A low-sulphur alternative? Onboard blending put forward as a viable alternative to burning 1.5% sulphur fuel oil in Sulphur Oxide Emissions Control Areas (SECAs).
Single-hull involved in oil spill at Mombasa harbour 150 tonne oil spill reported in Mombasa after single-hulled tanker crashed into dock.
Singapore: MPA warns against corruption Tough action will be taken by the Singapore authorities against bribery and corrupt bunkering practices.
Greek owners fire broadside at Brussels Greek shipowners have again turned their fire on the European Commission, alleging that Brussels' policy towards the industry contradicts the policy objectives of the EC's own president.
Haji-Ioannou's right-hand man quits ahead of easyCruise launch Entrepreneur Stelios Haji-Ioannou faces a heavier personal involvement in the upcoming launch of his easyCruise venture after the resignation of longstanding right-hand man George Karageorgiou, Lloyd's List has learned.
New kids on the block eat into margins of German ship finance banks LEADING German ship financing banks are complaining about pressure on their margins, following fierce competition from foreign banks on their home market, writes Katrin Berkenkopf in Hamburg.
Wärtsilä secures Samsung deal as ABB clinches $80m contracts SHIP propulsion giant Wärtsilä has secured a contract to supply Samsung Heavy Industries of Korea with 24 dual-fuel engines, at a price tag the Finnish concern refuses to disclose.
Tanker owner fined $1m for Mombasa spill THE Kenyan government has fined the owners of an Indian tanker Shilling78m ($1m) after a crude oil spill at Mombasa.
BHP Billiton pushes for ore premium BHP Billiton is demanding a premium of $7.50-$10 a tonne on top of the 71.5% increase in the price of iron ore already won by rivals Rio Tinto and Brazil's CVRD, according to a report in today's Australian Financial Review
Two crew dead after inhaling gas TWO Japanese seafarers died after being overcome by hydrogen sulfide gas in the tank of a coastal chemical tanker at Okayama Port
Indonesia pledges to improve ports INDONESIA has pledged to improve port inefficiency and corruption and reduce terminal handling charges to make exports more competitive
Truck strike hits Buenos Aires OPERATIONS are once again being hampered in Buenos Aires ' this time by striking truckers ' despite the resolution of an earlier labour conflict with tug crews
Drifting LNG carrier taken in tow A drifting LNG carrier was taken in tow by a French tug this morning and is heading for Barcelona, Spain
Bodies found in bulker hold TWO bodies were discovered in the cargo hold of the bulker Ocean Belle when it docked yesterday morning in Tampa, US, after returning from the Dominican Republic
No policy hurting U.S. shipbuilding American shipyards hurt by lack of national maritime policy that has caused deadlock between builders and carriers serving United States domestic trades.
Letter of intent puts PONL on course for VTE investment P&O Nedlloyd (PONL) and PSA Corporation subsidiary Voltri Terminal Europa (VTE) have signed a letter of intent that could see the Grand Alliance leave La Spezia for Genoa.
APMT Rotterdam contemplates penalty for ID card refuseniks A.P. Moller Terminal Rotterdam (APMT-R) is considering penalties for container-hauliers for not adopting Rotterdam's port-wide 'CargoCard', said terminal director Nick Fisher.
Safmarine and DAL accede to pressure for Durban surcharge drop
US trade deficit widens but volumes still increasing
CN signs accord with US locomotive engineers
Russian Railways signs another JV, with Railion
Offen confirms options on eight vessels
Mercosul to resume Montevideo calls
Maersk/Hutchison alumnus to spearhead ICTSI entry to China
Feeder service to link Subcontinent to Iran
CN Rail introduces instant carload prices
USCG issues final rules on crew manifests
Outsourcing sees Gunsan volumes nose-dive
ELAA assessment published by Competition Commission
Strike in Finnish ports postponed The strike warning given by the Transport Workers' union in Finland (AKT) has been postponed with two weeks. Now, unless ...
Aker Yards sign two more supply vessels Aker Yards has signed contracts for another two supply vessels worth around NOK 550 million. The first is between Aker ...
Seatrans book contract for another chemcarrier Chemical tanker and forest product carrier operator Seatrans has booked in another 8,800 DWT chemical tanker to be delivered from ...
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