PSA's Antwerp gears up to cope with peak traffic PSA International which has gradually been building up capacity at its Antwerp terminals, may be one of a few in Europe able to cope with the peak season cargo traffic heading for European and North American ports.
Quality open registers are a 'necessity': Liberian Registry THE head of the US-based managers of the Liberian Registry, has hit out at national flag administrations, saying that most - if not all - are incapable of understanding the needs of shipowners.
Cruise demand set to exceed supply THE cruise industry has recovered from the '9/11' effect to the extent that 11 additional large cruise ships need to be ordered for delivery by 2010 to meet expected demand.
Asian shipbuilders to gain from falling steel prices
Port Shots
Angry truckers jam Sydney bridge TRAFFIC over the iconic Sydney Harbour Bridge was brought to a crawl on Sunday by more than 600 truck drivers protesting government plans to reform work relations.
PSA's Antwerp gears up to cope with peak traffic PSA International which has gradually been building up capacity at its Antwerp terminals, may be one of a few in Europe able to cope with the peak season cargo traffic heading for European and North American ports.
Quality open registers are a 'necessity': Liberian Registry THE head of the US-based managers of the Liberian Registry, has hit out at national flag administrations, saying that most - if not all - are incapable of understanding the needs of shipowners.
Cruise demand set to exceed supply THE cruise industry has recovered from the '9/11' effect to the extent that 11 additional large cruise ships need to be ordered for delivery by 2010 to meet expected demand.
Asian shipbuilders to gain from falling steel prices
Port Shots
Angry truckers jam Sydney bridge TRAFFIC over the iconic Sydney Harbour Bridge was brought to a crawl on Sunday by more than 600 truck drivers protesting government plans to reform work relations.
Wilh Wilhelmsen signals services ambition with $216m Unitor buy NORWAY'S Wilh Wilhelmsen yesterday signalled major ambitions for its new-look maritime services business with a NKr1.4bn ($216m) swoop to take control of Norwegian marine equipment group Unitor.
Singapore plans freight clearing house THE Singapore Exchange has confirmed plans to develop a clearing house for freight and energy derivatives as the country looks to capture more of the growing Asian market.
ThyssenKrupp cool on DCN link THYSSENKRUPP, the German steel and engineering group that controls the country's biggest shipyard group, has firmly rebutted any attempts by French state-owned group DCN for a merger.
Balancing act as Hamburg cranes arrive AFTER an eight-week sea journey from Shanghai, five towering container cranes finally arrived at the Eurogate container terminal CTH in Hamburg.
Port-Net voices fear over EU directive HIGHER port dues, more expensive port services, lower investments and, in the long run, a monopolistic dominance by non- European companies could be the consequences of the EU's revised access to port services directive, according to the members of the new European networking initiative Port-Net.
WCO urged to adopt CSI, C-TPAT CUSTOMS officials from across the world who are meeting this week in Brussels are being urged to adopt a framework of standards that largely mirrors the scheme now in place at US ports
Yangshan to open ahead of schedule THE Yangshan Deepwater Port in Shanghai, China is likely to open this autumn, two months ahead of schedule
Singapore to boost freight clearing THE Singapore Exchange (SGX) plans to introduce an over-the-counter clearing facility that will initially cover energy derivatives and forward freight agreements (FFA)
US port budget increase agreed A US Senate panel has approved $5.29Bn for dredging and harbour projects, reversing proposed White House budget cuts
Macquarie snaps up Wightlink WIGHTLINK Ferries, which operates between the south coast of England and Isle of Wight, has been bought out by a European investment fund
Ballast battle underway A MOTION has been filed to prevent a US court stripping the Environmental Protection Agency of its authority to exempt certain vessel discharges from the Clean Water Act
Charter rates, new ship prices falter Despite ongoing demand running ahead of capacity, more signs that three-year rally in box shipping is levelling off.
Cosco chairman confident ahead HK IPO Cosco chairman Wei Jiafu said on Sunday that demand in the shipping industry would continue to outstrip supply in the next few years, despite a significant increase in shipping capacity.
Illegal China to HK textile shipments expected to rise
PSA aims to reinvent Singapore hub in Western Europe
Shippers object to Klang documentation charge
Korea aims to draw transhipment boxes from China
Hauliers want empty container demurrage
ICF doubles loss in 2004, plans more cut-backs
Fesco to shift Hyundai car parts to Ulsan service
January opening for Klaipeda's third container terminal
Sakhalin power-cuts strand containers
Regional Container Lines stresses European buyout rumours untrue
Geest North Sea Line ups capacity on Rotterdam-UK routes
DFDS in media circus after a TV documentary DFDS Seaways is in stormy waters after a TV documentary Sunday night, showing a number of crew members on the ...
Lennart Simonsson new head for Europe's shipowners Lennart Simonsson, CEO of Swedish tanker operator Brostr'm, has been appointed chairman of the European Community Shipowners' Association. ECSA is ...
Wilh. Wilhelmsen buys Unitor Wilh. Wilhelmsen buys 90.4 per cet of the shares in ship service company Unitor from Umoe Industrier, the State Pension ...
US markets bullish as crude continues to soar Bunker prices firming in the US, but local factors still affecting markets.
Reports: Sempra suspended from Singapore trading platform US cargo trader Sempra Energy has been suspended from the trading platform widely used to assess Singapore fuel oil cargo values - which also affects bunker prices in Singapore and Fujairah, reports claimed today.
Crude record fails to translate into Asian bunkers Singapore clocks up only moderate gain in fuel oil values as limp Chinese imports, growing supply and falling shipping volumes into China hits the region's bunker market.
PDVSA signs Chinese fuel oil supply deal PDVSA has signed a contract to sell China's largest oil company 30,000 barrels per day of fuel oil for a year.
Japan: Ample bunker fuel but few takers A fuel oil glut forming in Japan has gradually pushed bunker prices down from early May.
ARA on firm footing following crude gains
Asian bunker prices set to rise with crude gains Traders said bunker fuel prices in major Asia ports - Singapore, Hong Kong, Japan and South Korea - are expected to increase by as much as $10 per metric tonne today following gains in crude oil prices.
Crude prices touch new all-time high Crude oil prices closed at a new all-time high on Friday following concerns over fuel supplies and the closing of the US embassy in Nigeria.
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