Take active part in IMO, Intertanko urges Asia THE controversial European tanker phase-out being debated at the International Maritime Organisation this week is a clear example why there must be greater Asian participation and a concerted voice from the region, according to the International Association of Independent Tanker Owners.
NY seeks court limit on ferry crash liability NEW York City, facing more than US$2 billion in personal injury claims from the Staten Island ferry crash that killed 10 passengers, will seek relief under a federal maritime law to limit its legal liability to the vessel's value after the accident, the city law department said.
Freight rates on US-Asia trade to increase EVERGREEN Marine Corp, P&O Nedlloyd and 11 other shipping lines plan to raise freight rates for carrying non-refrigerated container cargo to Asia from the US, because of rising costs and increased demand from Asian factories.
Daewoo Shipbuilding's profit may drop next year DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said profit may decline next year as the won strengthens, eroding its earnings from overseas orders.
Frontline plans US$580m bond sale FRONTLINE, the world's biggest operator of tankers that carry 1 million barrels of crude oil or more, said it aims to raise US$580 million by selling bonds to US investors as part of a plan to split the company.
Air and Land Transport
Restoring Boeing's credibility to be new CEO's main focus THE man who will lead Boeing Co is known as a tough-minded cost-cutter who is unpopular with employees but lauded by shareholders.
Compromises aid US-EU talks on passenger data
Australia to boost airport security
Cathay resumes flights to mainland China after 13 yrs
Concorde nose goes for record price
BA shares slip on fears Heathrow won't get runway
Strait Talk
IMO has to deal with conflicting winds of change LAST week International Maritime Organisation secretary-general elect Efthimios Mitropoulos spoke of the winds of change affecting the UN agency.
Port Shots
P&O sells stake in joint venture PENINSULAR & Oriental Steam Navigation Co , the UK's largest shipping company, sold its remaining 50 per cent stake in its bulk shipping joint venture to partner Eurotower Holdings for US$64 million.
Take active part in IMO, Intertanko urges Asia THE controversial European tanker phase-out being debated at the International Maritime Organisation this week is a clear example why there must be greater Asian participation and a concerted voice from the region, according to the International Association of Independent Tanker Owners.
NY seeks court limit on ferry crash liability NEW York City, facing more than US$2 billion in personal injury claims from the Staten Island ferry crash that killed 10 passengers, will seek relief under a federal maritime law to limit its legal liability to the vessel's value after the accident, the city law department said.
Freight rates on US-Asia trade to increase EVERGREEN Marine Corp, P&O Nedlloyd and 11 other shipping lines plan to raise freight rates for carrying non-refrigerated container cargo to Asia from the US, because of rising costs and increased demand from Asian factories.
Daewoo Shipbuilding's profit may drop next year DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said profit may decline next year as the won strengthens, eroding its earnings from overseas orders.
Frontline plans US$580m bond sale FRONTLINE, the world's biggest operator of tankers that carry 1 million barrels of crude oil or more, said it aims to raise US$580 million by selling bonds to US investors as part of a plan to split the company.
Air and Land Transport
Restoring Boeing's credibility to be new CEO's main focus THE man who will lead Boeing Co is known as a tough-minded cost-cutter who is unpopular with employees but lauded by shareholders.
Compromises aid US-EU talks on passenger data
Australia to boost airport security
Cathay resumes flights to mainland China after 13 yrs
Concorde nose goes for record price
BA shares slip on fears Heathrow won't get runway
Strait Talk
IMO has to deal with conflicting winds of change LAST week International Maritime Organisation secretary-general elect Efthimios Mitropoulos spoke of the winds of change affecting the UN agency.
Port Shots
P&O sells stake in joint venture PENINSULAR & Oriental Steam Navigation Co , the UK's largest shipping company, sold its remaining 50 per cent stake in its bulk shipping joint venture to partner Eurotower Holdings for US$64 million.
Take active part in IMO, Intertanko urges Asia THE controversial European tanker phase-out being debated at the International Maritime Organisation this week is a clear example why there must be greater Asian participation and a concerted voice from the region, according to the International Association of Independent Tanker Owners.
NY seeks court limit on ferry crash liability NEW York City, facing more than US$2 billion in personal injury claims from the Staten Island ferry crash that killed 10 passengers, will seek relief under a federal maritime law to limit its legal liability to the vessel's value after the accident, the city law department said.
Freight rates on US-Asia trade to increase EVERGREEN Marine Corp, P&O Nedlloyd and 11 other shipping lines plan to raise freight rates for carrying non-refrigerated container cargo to Asia from the US, because of rising costs and increased demand from Asian factories.
Daewoo Shipbuilding's profit may drop next year DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said profit may decline next year as the won strengthens, eroding its earnings from overseas orders.
Frontline plans US$580m bond sale FRONTLINE, the world's biggest operator of tankers that carry 1 million barrels of crude oil or more, said it aims to raise US$580 million by selling bonds to US investors as part of a plan to split the company.
Air and Land Transport
Restoring Boeing's credibility to be new CEO's main focus THE man who will lead Boeing Co is known as a tough-minded cost-cutter who is unpopular with employees but lauded by shareholders.
Compromises aid US-EU talks on passenger data
Australia to boost airport security
Cathay resumes flights to mainland China after 13 yrs
Concorde nose goes for record price
BA shares slip on fears Heathrow won't get runway
Strait Talk
IMO has to deal with conflicting winds of change LAST week International Maritime Organisation secretary-general elect Efthimios Mitropoulos spoke of the winds of change affecting the UN agency.
Port Shots
P&O sells stake in joint venture PENINSULAR & Oriental Steam Navigation Co , the UK's largest shipping company, sold its remaining 50 per cent stake in its bulk shipping joint venture to partner Eurotower Holdings for US$64 million.
Take active part in IMO, Intertanko urges Asia THE controversial European tanker phase-out being debated at the International Maritime Organisation this week is a clear example why there must be greater Asian participation and a concerted voice from the region, according to the International Association of Independent Tanker Owners.
NY seeks court limit on ferry crash liability NEW York City, facing more than US$2 billion in personal injury claims from the Staten Island ferry crash that killed 10 passengers, will seek relief under a federal maritime law to limit its legal liability to the vessel's value after the accident, the city law department said.
Freight rates on US-Asia trade to increase EVERGREEN Marine Corp, P&O Nedlloyd and 11 other shipping lines plan to raise freight rates for carrying non-refrigerated container cargo to Asia from the US, because of rising costs and increased demand from Asian factories.
Daewoo Shipbuilding's profit may drop next year DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said profit may decline next year as the won strengthens, eroding its earnings from overseas orders.
Frontline plans US$580m bond sale FRONTLINE, the world's biggest operator of tankers that carry 1 million barrels of crude oil or more, said it aims to raise US$580 million by selling bonds to US investors as part of a plan to split the company.
Air and Land Transport
Restoring Boeing's credibility to be new CEO's main focus THE man who will lead Boeing Co is known as a tough-minded cost-cutter who is unpopular with employees but lauded by shareholders.
Compromises aid US-EU talks on passenger data
Australia to boost airport security
Cathay resumes flights to mainland China after 13 yrs
Concorde nose goes for record price
BA shares slip on fears Heathrow won't get runway
Strait Talk
IMO has to deal with conflicting winds of change LAST week International Maritime Organisation secretary-general elect Efthimios Mitropoulos spoke of the winds of change affecting the UN agency.
Port Shots
P&O sells stake in joint venture PENINSULAR & Oriental Steam Navigation Co , the UK's largest shipping company, sold its remaining 50 per cent stake in its bulk shipping joint venture to partner Eurotower Holdings for US$64 million.
Bearish Cargo has little impact on Fujairah numbers
Bearish movements seem to keep Hong Kong buyers happy
IMO: Time for compromise on single-hull proposals When the MEPC last met in July, it had difficulty agreeing on how to approach the EU route of banning the transport of heavy oils on tankers in the smaller category, i.e. from 600 to 5,000 dwt with effect from 2008. This is the size category that would affect barge operators not only in Europe, but possibly world-wide.
Oil stems fall as OPEC hints at no change or cut Oil prices were steady to a bit firmer today as traders remain worried that OPEC may decide on another preemptive cut now to prevent an oil glut from forming early next year.
P&O sells last bulk shipping stake to Ofer P&O has completed its long-awaited exit from bulk shipping by selling its remaining 50% interest in Associated Bulk Carriers to partner Eurotower Holdings, an Ofer family company.
Safety committee calls for Mangouras testimony THE European Parliament's temporary committee on improving safety at sea will call on the Spanish judge handling the Prestige case to allow Apostolos Mangouras, the tanker's master, to appear before MEPs in Brussels.
Carnival invites Lynch to join Miracle party FORMER Army private Jessica Lynch, has accepted the role of godmother to Carnival Cruise Lines' newest cruiseship, the Carnival Miracle, due to be named at an official ceremony in Jacksonville on February 27, 2004.
China drives panamax earnings to $32,000 a day CHINA'S seemingly insatiable demand for raw materials has pushed freight rates to new record highs, intermediaries reported yesterday.
Nominate the best for a Lloyd's List Award NOMINATIONS are now open to all our readers for your choice to honour outstanding achievement in shipping over the past year in the prestigious Lloyd's List Awards 2004.
Bosphorus fog lifting THE dense fog that led to a tanker logjam at Turkey's Bosphorus straits is lifting, bringing hope that the 42 delayed tankers can soon proceed
Smit sells cable-laying venture SMIT Internationale, the Dutch towage, terminals, salvage and heavy lift group, is finalising a deal to dispose of its interest in a Latin American cable-laying venture
Have your say! HAVE you had any experience of bad practice by port state control inspectors? Have your say!
LA port security facility proposed COMMISSIONERS for the Port of Los Angeles meet today to discuss a confidential proposal to build a facility where Customs could inspect high-risk shipments
China and Germany cosy-up DURING German chancellor Gerhard Schr'der's visit to Beijing yesterday, China agreed to make shipping easier for German operators
PSA-Cosco terminal launched THE PSA-Cosco terminal joint venture was launched in Singapore today under the name Cosco-PSA Terminal Ltd or CPT
ICF repositions itself for EU enlargement Intercontainer/Interfrigo (ICF) has introduced a five-point plan to recover profitability by 2005, following a 4% drop in volumes to 367,000TEU in the first half of 2003.
'Old mindsets' are discarded as PSA launches terminal joint venture
Russian ports to handle a mere 1-1.2m TEU in 2003
Cochin surprises shippers by lifting port discounts
USCG example of co-operation and tact should be followed, says WSC
HK manufacturers ready to get 'comfortable' in China, boosting supply chain
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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