Supply chain security benefits far outweigh costs: study COMPANIES that spend on supply chain security can expect a comparative advantage far outweighing the costs of implementing the security processes, says a new study by Stanford University.
Shanghai Port's H1 box volume hits record SHANGHAI International Port Co, operator of China's busiest container port, handled a record number of containers in the first half as the nation's economic growth boosted demand to move freight by sea.
Titan Petrochemicals may spend US$86.7m on ships TITAN Petrochemicals Group Ltd, China's largest oil-supertanker owner, said it agreed to buy as many as 10 vessels for US$8.67 million each to expand its ship refueling business.
Japan to overhaul maritime policy
M-East to S'pore oil-shipping costs may rebound
Supertanker rates seen jumping 44% in Q3 on slowing fleet
Logistics
Big truckers boost business with tracking software RANDY Marten clicks on his mouse, and a map of the US pops open on his flat screen monitor.
South Africa's Transnet aims to boost general freight SOUTH African rail and transport group Transnet wants to grow the market share of its ailing general freight business by 50 to 80 per cent in a mission to help boost national economic growth, the group's chief executive officer said on Tuesday.
Supply chain security benefits far outweigh costs: study COMPANIES that spend on supply chain security can expect a comparative advantage far outweighing the costs of implementing the security processes, says a new study by Stanford University.
Shanghai Port's H1 box volume hits record SHANGHAI International Port Co, operator of China's busiest container port, handled a record number of containers in the first half as the nation's economic growth boosted demand to move freight by sea.
Titan Petrochemicals may spend US$86.7m on ships TITAN Petrochemicals Group Ltd, China's largest oil-supertanker owner, said it agreed to buy as many as 10 vessels for US$8.67 million each to expand its ship refueling business.
Japan to overhaul maritime policy
M-East to S'pore oil-shipping costs may rebound
Supertanker rates seen jumping 44% in Q3 on slowing fleet
Logistics
Big truckers boost business with tracking software RANDY Marten clicks on his mouse, and a map of the US pops open on his flat screen monitor.
South Africa's Transnet aims to boost general freight SOUTH African rail and transport group Transnet wants to grow the market share of its ailing general freight business by 50 to 80 per cent in a mission to help boost national economic growth, the group's chief executive officer said on Tuesday.
Wallenius Wilhelmsen eyes China and Russia for port terminal debut RUSSIA and China are under close scrutiny from planners at Scandinavian shipping alliance Wallenius Wilhelmsen Logistics as prime markets in which to make its first move as a port terminal operator.
Sparks still flying over Hyundai Fortune NEW fireworks are threatened over efforts to resolve cargo claims in the Hyundai Fortune case, with fears that claimants could have a huge struggle to get their money.
Accidents 'caused by inadequate manuals' ACCIDENTS are being caused by the inadequacy of operating and maintenance manuals being supplied to ships, a study by the Confidential Hazardous Incident Reporting Programme has concluded.
Total to defend itself against Erika charges THE Total oil group will be prominent among the 15 defendants who will go on trial in Paris from December 4 on charges of responsibility for the sinking of the 36,285 dwt tanker Erikaoff the French coast in December 1999 and for the pollution disaster which ensued, writes Andrew Spurrier in Paris.
Erika trial to begin on 4 December FRENCH oil group Total and 14 other companies and individuals involved in the sinking of the tanker Erika will appear in court between 4 December 2006 and 28 March 2007, it has been reported in Paris today
Saf Agulhas refloating 'next week' A RENEWED attempt to refloat the grounded 1,704-teu boxship Safmarine Agulhas at the port of East London, South Africa, will not be made until next week
Drybulk sector upgraded CANTOR Fitzgerald has raised its estimates for three publicly-traded drybulk players on increased expectations for 2007 freight rates
All you need is Beetles AS the Mountain Pine Beetle destroys forests across the northern Rocky Mountains, one company has seen a way to turn 'denim lumber' into dollars
Migrant Watch: US/Caribbean HEAVY seas and high winds are being credited this week for the absence of migrant activity in the Mona Passage between Hispaniola and Puerto Rico
Lines beginning to avoid Santos CONTAINER ship operators have started to avoid calling at Santos, Brazil, as strike action by truck drivers and others paralyses the flow of cargo
Former CP Ships and ANZDL exec's head USL's Aus' team As expected, a host of former Australia New Zealand Direct Line personnel will fill the top positions in US Lines' expansion into WCNA-ANZ and ANZ-North Asia trades.
Car parts boost SA box volumes Container volumes handled by South African ports are expected to increase by 8% in the coming financial year to the end-March, the CEO of the state-owned Transnet said yesterday.
Steady as she goes: brokers see smooth sail into summer
Salvors continue to lift cargo from Safmarine casualty
China COSCO to develop Quanzhou port in Fujian
Australian Treasurer in new push for national port control
Truck-drivers' action drives ships from Santos
Gwangyang expands volume incentive scheme
Hyundai Group secures more friendly shares in HMM
MEPs set priority as legal certainty, not continuation of 4056/86
Klaipedos Smelte terminal places hope in July start
Gustaf Erikson sold The shipping company Gustaf Erikson on Åland has been sold, reports the Finnish broadcasting company YLE. Buyer is OCT Shipping ...
Finland tops White List The port state organisation Paris MOU has presented the flag state black/grey/white list for 2005, based on the ...
NYMEX crude posts new record Markets firming following the long weekend and jittery geopolitical reactions.
Brazil avails remain tight Petrobras advising limited supplier available, capping a bad week for Brazil.
Broker wins military gasoil contract US firm nudging out four others for 5-year local supply deal.
Titan eyes new Asian markets with bunker fleet expansion Titan orders two double-hulled newbuilds with option for a further eight new bunker barges.
Spanish supplier preparing to offer LSFO Next month's EU requirement for passenger vessels to burn low sulphur fuel expected to boost demand.
Safmarine Agulhas bunker removal well underway Salvage teams reporting good progress on removing bunkers and cargo in bid to prepare for new refloat attempt.
Terminal reconstruction to be completed in September Rosneft subsidiary planning reconstruction work at Arkhangelsk in the coming months.
Rotterdam barge market dips below $300
Singapore: One debunkering completed Debunkering has been completed on one out of three ships supplied with high-density bunkers in Singapore last month.
Saudi Arabia endorses oil strategy plan Oil strategy plan targets the need to gradually raise oil production and increase refining capacity.
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