Dubai-based feeder starts S'pore-India-M East service COMPETITION on the Singapore to India/Middle East trade lane increased a notch this week with the entry of Dubai-based common feeder carrier Simatech Shipping.
Ruling next week on where seamen's case is to be heard A Miami federal judge is expected to rule next week whether the damages complaints of 10 Filipino seamen injured or killed in Norwegian Cruise Line's SS Norway boiler blast last May will be tried in the US or the Philippines.
Indonesia to get buoy tender vessel CONTINUING its ongoing commitment to the safety of navigation in the vital straits of Malacca and Singapore, the Japan-based Malacca Strait Council will hand over a new buoy tender vessel to Indonesia in a ceremony on Batam later today.
Award for pure economic loss won't result in rash of negligence claims A recent damages award of almost US$3 million to a shipowner against the manufacturer of an engine should not be seen as an opening of the floodgates for negligence claims for pure economic loss, the High Court has said.
Air and Land Transport
US, Vietnam ink bilateral air accord THE United States and Vietnam reached an agreement yesterday to allow direct passenger and cargo flights between the two former military foes but they failed to conclude an 'open skies' accord.
Boeing planning lighter version of 7E7
'Critical defects' found in training of US airport baggage screeners
Basra airport's reopening postponed
Delta execs to meet pilots' union leaders on Oct 17
Austrian Air pilots, cabin crew plan strike
Admiralty Casebook
Shipowner wins damages for pure economic loss THE successful claim by Indonesian shipowner PT Bumi International Tankers for damages in tort for pure economic loss might raise some eyebrows in England but it sends a strong signal to engine manufacturers to take reasonable care or risk damages for negligence, even if their defective engine does not cause any physical damage or injury.
Port Shots
portshots KUEHNE & Nagel International, the world's biggest sea-freight company, said it plans to buy Hapag-Lloyd AG's Pracht Spedition + Logistik GmbH unit to boost its contract logistics business in Germany.
Dubai-based feeder starts S'pore-India-M East service COMPETITION on the Singapore to India/Middle East trade lane increased a notch this week with the entry of Dubai-based common feeder carrier Simatech Shipping.
Ruling next week on where seamen's case is to be heard A Miami federal judge is expected to rule next week whether the damages complaints of 10 Filipino seamen injured or killed in Norwegian Cruise Line's SS Norway boiler blast last May will be tried in the US or the Philippines.
Indonesia to get buoy tender vessel CONTINUING its ongoing commitment to the safety of navigation in the vital straits of Malacca and Singapore, the Japan-based Malacca Strait Council will hand over a new buoy tender vessel to Indonesia in a ceremony on Batam later today.
Award for pure economic loss won't result in rash of negligence claims A recent damages award of almost US$3 million to a shipowner against the manufacturer of an engine should not be seen as an opening of the floodgates for negligence claims for pure economic loss, the High Court has said.
Air and Land Transport
US, Vietnam ink bilateral air accord THE United States and Vietnam reached an agreement yesterday to allow direct passenger and cargo flights between the two former military foes but they failed to conclude an 'open skies' accord.
Boeing planning lighter version of 7E7
'Critical defects' found in training of US airport baggage screeners
Basra airport's reopening postponed
Delta execs to meet pilots' union leaders on Oct 17
Austrian Air pilots, cabin crew plan strike
Admiralty Casebook
Shipowner wins damages for pure economic loss THE successful claim by Indonesian shipowner PT Bumi International Tankers for damages in tort for pure economic loss might raise some eyebrows in England but it sends a strong signal to engine manufacturers to take reasonable care or risk damages for negligence, even if their defective engine does not cause any physical damage or injury.
Port Shots
portshots KUEHNE & Nagel International, the world's biggest sea-freight company, said it plans to buy Hapag-Lloyd AG's Pracht Spedition + Logistik GmbH unit to boost its contract logistics business in Germany.
Dubai-based feeder starts S'pore-India-M East service COMPETITION on the Singapore to India/Middle East trade lane increased a notch this week with the entry of Dubai-based common feeder carrier Simatech Shipping.
Ruling next week on where seamen's case is to be heard A Miami federal judge is expected to rule next week whether the damages complaints of 10 Filipino seamen injured or killed in Norwegian Cruise Line's SS Norway boiler blast last May will be tried in the US or the Philippines.
Indonesia to get buoy tender vessel CONTINUING its ongoing commitment to the safety of navigation in the vital straits of Malacca and Singapore, the Japan-based Malacca Strait Council will hand over a new buoy tender vessel to Indonesia in a ceremony on Batam later today.
Award for pure economic loss won't result in rash of negligence claims A recent damages award of almost US$3 million to a shipowner against the manufacturer of an engine should not be seen as an opening of the floodgates for negligence claims for pure economic loss, the High Court has said.
Air and Land Transport
US, Vietnam ink bilateral air accord THE United States and Vietnam reached an agreement yesterday to allow direct passenger and cargo flights between the two former military foes but they failed to conclude an 'open skies' accord.
Boeing planning lighter version of 7E7
'Critical defects' found in training of US airport baggage screeners
Basra airport's reopening postponed
Delta execs to meet pilots' union leaders on Oct 17
Austrian Air pilots, cabin crew plan strike
Admiralty Casebook
Shipowner wins damages for pure economic loss THE successful claim by Indonesian shipowner PT Bumi International Tankers for damages in tort for pure economic loss might raise some eyebrows in England but it sends a strong signal to engine manufacturers to take reasonable care or risk damages for negligence, even if their defective engine does not cause any physical damage or injury.
Port Shots
portshots KUEHNE & Nagel International, the world's biggest sea-freight company, said it plans to buy Hapag-Lloyd AG's Pracht Spedition + Logistik GmbH unit to boost its contract logistics business in Germany.
Dubai-based feeder starts S'pore-India-M East service COMPETITION on the Singapore to India/Middle East trade lane increased a notch this week with the entry of Dubai-based common feeder carrier Simatech Shipping.
Ruling next week on where seamen's case is to be heard A Miami federal judge is expected to rule next week whether the damages complaints of 10 Filipino seamen injured or killed in Norwegian Cruise Line's SS Norway boiler blast last May will be tried in the US or the Philippines.
Indonesia to get buoy tender vessel CONTINUING its ongoing commitment to the safety of navigation in the vital straits of Malacca and Singapore, the Japan-based Malacca Strait Council will hand over a new buoy tender vessel to Indonesia in a ceremony on Batam later today.
Award for pure economic loss won't result in rash of negligence claims A recent damages award of almost US$3 million to a shipowner against the manufacturer of an engine should not be seen as an opening of the floodgates for negligence claims for pure economic loss, the High Court has said.
Air and Land Transport
US, Vietnam ink bilateral air accord THE United States and Vietnam reached an agreement yesterday to allow direct passenger and cargo flights between the two former military foes but they failed to conclude an 'open skies' accord.
Boeing planning lighter version of 7E7
'Critical defects' found in training of US airport baggage screeners
Basra airport's reopening postponed
Delta execs to meet pilots' union leaders on Oct 17
Austrian Air pilots, cabin crew plan strike
Admiralty Casebook
Shipowner wins damages for pure economic loss THE successful claim by Indonesian shipowner PT Bumi International Tankers for damages in tort for pure economic loss might raise some eyebrows in England but it sends a strong signal to engine manufacturers to take reasonable care or risk damages for negligence, even if their defective engine does not cause any physical damage or injury.
Port Shots
portshots KUEHNE & Nagel International, the world's biggest sea-freight company, said it plans to buy Hapag-Lloyd AG's Pracht Spedition + Logistik GmbH unit to boost its contract logistics business in Germany.
Crude makes U-turn and races higher A closer inspection of the DOE distillate data sparked renewed support across the energy complex today.
Late recovery seen in bearish ARA markets ARA markets today continued the bearish tack which began early this week. However, a late rally in crude prices brought on higher numbers in the ARA barge market too.
Singapore slips reluctantly lower after stock build Singapore on-shore stocks of residual fuels are considered high whenever they top 10 million barrels, but so far the high inventory level has not led to any "dumping sale" into the local bunker market.
Rotterdam market softer
Crude extends losses as Nigerian strike is called off We might see the market consolidate around current levels before more news headlines or signals about market fundamentals give the market a new incentive to trade higher or lower.
Rocketingpanamax rates hit $48,000 and are set to last PANAMAXES in the Pacific have gone through the roof this week, hitting $48,000 a day for a voyage from Western Australia to China, and there seems to be no stopping them.
Wan Hai and PIL eye Asia-Europe route PACIFIC International Lines is planning to join the premier division of container shipping, launching a joint Asia-Europe service with Wan Hai Lines next year, write Marcus Hand and Janet Porter.
High freight rates are padding container carriers' pockets HIGHER freight rates are having a dramatic impact on container lines' cash flow, with collective income forecast to be up by almost a fifth this year.
Borgschulte takes over as ThyssenKrupp chief THERE is new chief executive at ThyssenKrupp shipyards, writes Herbert Fromme in Hamburg.
Israel prepares for 'mega-strike' ALTHOUGH the first convoy of trucks carrying Israeli exports crossed the Egyptian border heading to Port Said yesterday afternoon, shippers agree the operation was little more than symbolic
New Orleans bids for larger vessels THE Port of New Orleans' new Napoleon Container Terminal will begin operations on 11 November and will accommodate vessels of 6,300-TEU capacity.... Full story
India ponders extending tonnage tax INDIA'S shipping ministry has urged the finance ministry to include dredging companies in the proposed tonnage tax regime..... Full story
Compromise on US food import rules THE Bush administration has agreed to a compromise on proposed rules designed to prevent terrorists from tampering with food exported to the US market.... Full story
Iraq plans to buy Indian wheat IRAQ is planning to buy 1M tonnes of wheat from India over the coming months, the chairman of the country's trade ministry has confirmed.... Full story
Russia develops Caspian sector RUSSIA has begun merging two state-owned enterprises, the Northern Caspian Shipping Company and the Caspian port of Olya.... Full story
FDA sets food import security rules The Food and Drug Administration has issued long-awaited rules for reporting data on imported foods under the Bioterrorism Preparedness Act of 2002.
Schwarzenegger good for California trucking, says CTA vice president Expectations that Republican will boost worker compensation reform, other business-friendly initiatives.
Astar COO: No DHL influence here Airline chief tells DOT hearing that DHL Worldwide Express has no control despite strong business ties.
FDA issues food facility registration rules
Cargo slumps at U.K. airports
EU approves plan to penalize subsidized foreign airlines
Railroads, locomotive engineers reach agreement
US, Vietnam reach air services agreement
Union threatens to expand Israel port strike
Envirotainer expects to benefit from DHL Danzas-Lufthansa deal
Trinity, ACF reach barge settlement
Commercial, military goals focus of Marad strategic plan
Vessels delayed as Rotterdam pilot's helicopter is grounded Up to ten post-panamax vessels suffered major delays entering Rotterdam Port on Monday after heavy winds and technical problems to a helicopter prevented pilots from boarding ships.
Point of principle could be EC spur for TACA appeal An appeal of last week's court ruling on the Trans-Atlantic Conference Agreement (TACA) case became more likely when an EC source suggested a point of principle could be applied to other industries.
Freight rates unlikely to cease growing strains soon, says report
Projected US growth will lead to cargo logjams warns MARAD
Feport joins 'Ports of Convenience' battle late, says ITF
Nigeria strike postponed, but compromise must be kept, warns union
Russian rail rises may cost S. Korean exporters US$40million extra
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