Criminal charges filed against vessel, crew GREECE has filed criminal charges against seven crew members of the Baltic Sky, and its owners after the vessel was seized on Sunday carrying 680 tonnes of explosives and 8,000 detonators.
Greenpeace gets the boot from IMO ENVIRONMENTAL champion Greenpeace International has been given the boot from the International Maritime Organisation during the IMO Council's recent 90th session.
Inchcape Shipping sends 1st support vessel to Iraq THE race is on to capture a slice of the first commercial business at Iraq's port of Umm Qasr, despite hiccups within the first week of its opening.
Rescued from a watery grave A two-month salvage operation to retrieve sunken Indonesian container ship Tirta Mas wrapped up last week, when Smit Salvage returned the wreck to its owners.
China shipbuilders emerge as threat to Korea, Japan CHINESE shipbuilders have been making strides in the global market, setting alarm bells ringing in Korea and Japan, according to industry sources.
Air and Land Transport
Cathay, Dragonair hope to restore all flights by Sept HONG Kong's two main carriers Cathay Pacific and Dragonair, said on Monday that they hoped to resume all flights by the end of September, after the World Health Organisation declared the territory free of Sars.
Korean Air to offer extra flights
Swiss Int'l cutting 3,000 job as losses increase
Boeing CEO not optimistic about market
27 on MAS flight hurt in turbulence
Branson seeks meeting with BA on Concorde
Strait Talk
Getting elected was the easy bit for the new IMO chief AS elections go the result of the one that last week electing Efthimios Mitropoulos of Greece as the new secretary-general of the International Maritime Organisation was fairly clear-cut.
Criminal charges filed against vessel, crew GREECE has filed criminal charges against seven crew members of the Baltic Sky, and its owners after the vessel was seized on Sunday carrying 680 tonnes of explosives and 8,000 detonators.
Greenpeace gets the boot from IMO ENVIRONMENTAL champion Greenpeace International has been given the boot from the International Maritime Organisation during the IMO Council's recent 90th session.
Inchcape Shipping sends 1st support vessel to Iraq THE race is on to capture a slice of the first commercial business at Iraq's port of Umm Qasr, despite hiccups within the first week of its opening.
Rescued from a watery grave A two-month salvage operation to retrieve sunken Indonesian container ship Tirta Mas wrapped up last week, when Smit Salvage returned the wreck to its owners.
China shipbuilders emerge as threat to Korea, Japan CHINESE shipbuilders have been making strides in the global market, setting alarm bells ringing in Korea and Japan, according to industry sources.
Air and Land Transport
Cathay, Dragonair hope to restore all flights by Sept HONG Kong's two main carriers Cathay Pacific and Dragonair, said on Monday that they hoped to resume all flights by the end of September, after the World Health Organisation declared the territory free of Sars.
Korean Air to offer extra flights
Swiss Int'l cutting 3,000 job as losses increase
Boeing CEO not optimistic about market
27 on MAS flight hurt in turbulence
Branson seeks meeting with BA on Concorde
Strait Talk
Getting elected was the easy bit for the new IMO chief AS elections go the result of the one that last week electing Efthimios Mitropoulos of Greece as the new secretary-general of the International Maritime Organisation was fairly clear-cut.
Criminal charges filed against vessel, crew GREECE has filed criminal charges against seven crew members of the Baltic Sky, and its owners after the vessel was seized on Sunday carrying 680 tonnes of explosives and 8,000 detonators.
Greenpeace gets the boot from IMO ENVIRONMENTAL champion Greenpeace International has been given the boot from the International Maritime Organisation during the IMO Council's recent 90th session.
Inchcape Shipping sends 1st support vessel to Iraq THE race is on to capture a slice of the first commercial business at Iraq's port of Umm Qasr, despite hiccups within the first week of its opening.
Rescued from a watery grave A two-month salvage operation to retrieve sunken Indonesian container ship Tirta Mas wrapped up last week, when Smit Salvage returned the wreck to its owners.
China shipbuilders emerge as threat to Korea, Japan CHINESE shipbuilders have been making strides in the global market, setting alarm bells ringing in Korea and Japan, according to industry sources.
Air and Land Transport
Cathay, Dragonair hope to restore all flights by Sept HONG Kong's two main carriers Cathay Pacific and Dragonair, said on Monday that they hoped to resume all flights by the end of September, after the World Health Organisation declared the territory free of Sars.
Korean Air to offer extra flights
Swiss Int'l cutting 3,000 job as losses increase
Boeing CEO not optimistic about market
27 on MAS flight hurt in turbulence
Branson seeks meeting with BA on Concorde
Strait Talk
Getting elected was the easy bit for the new IMO chief AS elections go the result of the one that last week electing Efthimios Mitropoulos of Greece as the new secretary-general of the International Maritime Organisation was fairly clear-cut.
BP economist expects $20 crude Oil major BP Amoco's chief economist Peter Davies expects that the average oil price will fall to $20 per barrel from a $25 average over the past 2 years.
Panama busy, Balboa still tight
All Fujairah eyes on US inventory figures Fujairah numbers have been fairly static today, with demand levels on the muted side also.
Suez market strong amid heavy demand
Firm trend boosts demand in Istanbul
Expensive Hong Kong stuck in the doldrums
IEA head says OPEC's $25 price target is too high IEA's Mandil says OPEC's target price of $25 is a little too high to encourage growth in the global economy, and ultimately it is not good for OPEC either because it leads to loss of market share for the producer group.
Anticipated US stock build keeps oil prices in check
Costs of Kvaerner Philadelphia box ship mount Costs of the first containership from Kvaerner Philadelphia will be about $28 million higher than reported--and delivery has been pushed back by a month
Kvichak partners Manitowoc on RB-M bid Manitowoc's entry in the Response Boat Medium stakes will be built by Kvichak Marine Industries
Sudan slams Sky seizure SUDAN yesterday condemned Greece's seizure of the explosives ship Baltic Sky, claiming it was legal and had been ordered by one of its nationals, writes David Osler.
Knightsbridge nosedives as Shell quits VLCC charters Knightsbridge Tankers, one of shipping's great adventures in the equity markets, could be facing liquidation following Shell's decision not to extend charters on the company's five VLCCs.
Europe-Asia box imbalances grow as the euro strengthens HUGE equipment imbalances in the Europe-Asia container trades are set to worsen as the euro strengthens, adding to already skyhigh repositioning costs for ocean carriers.
Trio adds new capacity to booming Asia trade route CMA CGM, APL and Norasia are the latest container lines to add more capacity on to the booming Asia-Europe trade corridor, writes Janet Porter.
South Korea blocks Brussels request for WTO dispute panel SOUTH Korea yesterday blocked a request by the European Union calling for the establishment of a World Trade Organisation dispute panel to examine its complaint that alleges Seoul has provided, and continues to provide, its shipbuilding industry with subsidies that breach global rules, writes John Zarocostas.
No room? Capacity available in eastbound Pacific, says shippers' rep Contrary to what U.S. importers are hearing from shipping lines, there is still capacity available on eastbound Pacific routes, trimming some rates.
Bonner: 100% box checks 'foolish' The U.S. Customs chief said critics should not expect physical inspection of all 7 million containers that enter the country each year.
West Coast terminals get approval for discussion agreement
PONL targets Asia/Europe rates 'above last market peak' As Asia/Europe market conditions swing in favour of the carriers, P&O Nedlloyd (PONL) has told shippers: 'We need to push rates up higher than they were at the last market peak.'
S.Korea, Japan fight boxship loading capacity restrictions South Korea's Ministry of Maritime Affairs and Fisheries (MOMAF) said today that South Korea and Japan intend to block tougher restrictions on containership loading levels at the International Maritime Organisation (IMO).
US Coast Guard wins approval for new security rules
New Asia/Europe loop keeps GA's Gioia Tauro hub 'for now'
Eurogate shuttle to link Bremerhaven, Hamburg terminals
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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