Logistic providers ride road network to success Among logistics providers, road networks came to the fore when Bangkok's Suvarnabhumi Airport was closed for over a week. Those that already had capacity and were able to quickly ramp up to meet the surge emerged the winners, and some players were forced to show their hand with their capabilities.
Precious Shipping replacing old vessels as ship prices plunge Precious Shipping pcl, Thailand's second-largest sea-cargo company, plans to replace its 25 oldest vessels after ship prices fell by more than half amid slumping demand for iron-ore and coal shipments.
Newcastle coal port to test new ship tracking system Australia's Newcastle port, the world's biggest coal-export harbour, will test a new satellite- tracking system that coordinates the arrival of ships to help cut waiting times, reduce costs and improve safety.
It's not all death and doom in shipping industry
Royal Caribbean returns for second season
Strait Talk
Class certificates row blows up at IMO LAST week I filed a news story saying that, in an unusual move, the International Maritime Organization's (IMO) Maritime Safety Committee (MSC) had instructed the United Nations agency's secretary-general, Efthimios Mitropoulos, to voice IMO's concerns over European Union plans to force class societies to recognise each other's certificates.
Logistic providers ride road network to success Among logistics providers, road networks came to the fore when Bangkok's Suvarnabhumi Airport was closed for over a week. Those that already had capacity and were able to quickly ramp up to meet the surge emerged the winners, and some players were forced to show their hand with their capabilities.
Precious Shipping replacing old vessels as ship prices plunge Precious Shipping pcl, Thailand's second-largest sea-cargo company, plans to replace its 25 oldest vessels after ship prices fell by more than half amid slumping demand for iron-ore and coal shipments.
Newcastle coal port to test new ship tracking system Australia's Newcastle port, the world's biggest coal-export harbour, will test a new satellite- tracking system that coordinates the arrival of ships to help cut waiting times, reduce costs and improve safety.
It's not all death and doom in shipping industry
Royal Caribbean returns for second season
Strait Talk
Class certificates row blows up at IMO LAST week I filed a news story saying that, in an unusual move, the International Maritime Organization's (IMO) Maritime Safety Committee (MSC) had instructed the United Nations agency's secretary-general, Efthimios Mitropoulos, to voice IMO's concerns over European Union plans to force class societies to recognise each other's certificates.
Weigh boxes at dock gate, urge industry leaders MOVE will boost container shipping safety and eliminate many of the accidents that have dogged the sector.
Hapag Lloyd cruiseships to avoid Gulf of Aden GERMAN cruise operator will no longer sail with passenger-carrying vessels through the pirate-infested waters.
Pirates squeeze out H-P Cruises HAPAG-Lloyd Cruises has vowed not to carry passengers through the Gulf of Aden, suggesting broader complications ahead for cruise deployments
Faina crew reportedly revolt THE CREW of the Ukrainian ship Faina have reportedly attacked the Somali pirates that are holding the seafarers
EU piracy patrols begin THE EU naval patrol off Somalia formally began today, with the codename 'Atalanta'
Suspect Nerli quits in Naples FRANCESCO Nerli, who was named as a suspect three weeks ago in an extortion and bribery case, has resigned early as president of the Naples port authority
Bulker Capt Stephanos freed PIRATES have freed the Greek bulker Capt Stefanos after nearly three months of captivity
C&R forms venture with V.Ships V.SHIPS, through its V.Ships Leisure unit, has set up a port agency and shore excursion service with Cambiaso & Risso Shipping Agency
Qatar reported to build Kenya port QATAR has reportedly agreed to pay for a $3.5Bn port scheme in Kenya
APL volumes drop 12% in latest period Decline comes amid slowdown in global demand, particularly in trans-Pacific and Asia-Europe where carrier has reduced capacity
NYK cuts fleet expansion
Portland port suspends search for terminal investor
US Chamber calls for infrastructure investment
Maersk transfers intra-Asia services to subsidiary MCC
Early ore negotiations could boost bulk market At the same time as Nasdaq-listed owner Star Bulk Carriers warns that it may not be able to meet loan requirements if ship values deteriorate further, a news item was published that could give some relief to burdened bulk ...
Sharp drop in US container imports The upcoming Christmas holiday has not helped American imports. In October, the major US container ports handled 1.36 million TEUs, down 5.4 per cent compared with October last year). October was also the 16th successive month of falling ...
Odfjell gets new CEO The board of directors of Odfjell SE has appointed Haakon Ringdal, 54, as new President/CEO as of the annual general meeting on May 3, 2009. Haakon Ringdal joined Odfjell in 2001 and holds the position as Chief Financial Officer ...
Lintec warns against cutting corners Says cost concerns should not tempt owners and operators into using non-accredited laboratories for fuel testing and analysis.
Strikes choking bunker supply Five consecutive days of port worker strikes hits all tanker traffic.
Lower bunker prices 'only saving grace' As recession hits rates, ship operator says falling bunker prices have helped reduce losses.
Taiwan to cut fuel oil output State-owned refiner wants to focus on higher value products.
Saudi Aramco announces more production cuts 'Bad news' for tanker markets as global refiners in for 10% less Saudi crude in January.
Asian bunkers moving in different directions Singapore, Busan prices up while in Tokyo Bay prices soften.
Supplier denies suspension claims Says 'confusion' led to a recall of its single hull tanker's special permit to carry heavy fuel oil.
New ship arrival system to reduce queues and fuel costs Vessels to save up to $100,000 in shipping costs with the new system.
Weak demand puts transpacific rates 'under pressure' Maersk Line freight rates between Asia and US down by nearly 24%, sources say.
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