PSA to invest 300m euros in new Antwerp terminals PSA Corporation will invest more than 300 million euros in its new terminal concessions at Europe's second busiest container port, Antwerp, and in return will gain an additional 3.75 million TEU capacity in the fast-growing Northern European market.
IMO adopts convention to stop spread of harmful organisms THE International Maritime Organisation formally adopted the 'alien invaders' convention aimed at preventing the spread of harmful aquatic organisms carried in ships' ballast water, at the close of its ballast water conference on Friday in London.
Indon navy sinks hijacked vessel AN Indonesian warship sank a boat that had been taken over by gunmen in the Malacca Strait near the maritime border with Malaysia.
Thailand's box traffic forecast to rise 6.6% THE Port Authority of Thailand, which manages the country's two biggest ports, said container traffic may rise 6.6 per cent in the year ending Sept 30 because the Southeast Asian nation's expanding economy has bolster imports and exports.
Air and Land Transport
AirAsia ready to slug it out with SIA BUOYED by the success of his one-month-old venture in Thailand, AirAsia founder and chief executive Tony Fernandes is brimming with confidence as he slugs it out with Singapore Airlines to establish the region's leading low-cost carrier.
Ryanair taking no-frills flying to new heights
Indian Airlines to hire 139 pilots
Shenzhen Airport in talks with HK Airport Authority
Garuda to launch flights to KL, S'pore
THAI's Q1 profit forecast to rise 35%
Ship Sales
SHIP SALES PRICES are firming even further, with newbuilding Panamax bulkers, delivery 2004, being offered US$43 million, with handymax bulkers now seeing in excess of US$35 million and a re-sale Capesize bulker, delivering from Daewoo in September 2005 reportedly sold at around US$60 million.
Liner Scene
Signs of warning amid soaring freight rates IT has been an interesting fortnight. The biggest news was undoubtedly the flotation of P&O Nedlloyd, effectively heralding the exit of the UK's P&O group from major involvement in liner shipping.
PSA to invest 300m euros in new Antwerp terminals PSA Corporation will invest more than 300 million euros in its new terminal concessions at Europe's second busiest container port, Antwerp, and in return will gain an additional 3.75 million TEU capacity in the fast-growing Northern European market.
IMO adopts convention to stop spread of harmful organisms THE International Maritime Organisation formally adopted the 'alien invaders' convention aimed at preventing the spread of harmful aquatic organisms carried in ships' ballast water, at the close of its ballast water conference on Friday in London.
Indon navy sinks hijacked vessel AN Indonesian warship sank a boat that had been taken over by gunmen in the Malacca Strait near the maritime border with Malaysia.
Thailand's box traffic forecast to rise 6.6% THE Port Authority of Thailand, which manages the country's two biggest ports, said container traffic may rise 6.6 per cent in the year ending Sept 30 because the Southeast Asian nation's expanding economy has bolster imports and exports.
Air and Land Transport
AirAsia ready to slug it out with SIA BUOYED by the success of his one-month-old venture in Thailand, AirAsia founder and chief executive Tony Fernandes is brimming with confidence as he slugs it out with Singapore Airlines to establish the region's leading low-cost carrier.
Ryanair taking no-frills flying to new heights
Indian Airlines to hire 139 pilots
Shenzhen Airport in talks with HK Airport Authority
Garuda to launch flights to KL, S'pore
THAI's Q1 profit forecast to rise 35%
Ship Sales
SHIP SALES PRICES are firming even further, with newbuilding Panamax bulkers, delivery 2004, being offered US$43 million, with handymax bulkers now seeing in excess of US$35 million and a re-sale Capesize bulker, delivering from Daewoo in September 2005 reportedly sold at around US$60 million.
Liner Scene
Signs of warning amid soaring freight rates IT has been an interesting fortnight. The biggest news was undoubtedly the flotation of P&O Nedlloyd, effectively heralding the exit of the UK's P&O group from major involvement in liner shipping.
PSA to invest 300m euros in new Antwerp terminals PSA Corporation will invest more than 300 million euros in its new terminal concessions at Europe's second busiest container port, Antwerp, and in return will gain an additional 3.75 million TEU capacity in the fast-growing Northern European market.
IMO adopts convention to stop spread of harmful organisms THE International Maritime Organisation formally adopted the 'alien invaders' convention aimed at preventing the spread of harmful aquatic organisms carried in ships' ballast water, at the close of its ballast water conference on Friday in London.
Indon navy sinks hijacked vessel AN Indonesian warship sank a boat that had been taken over by gunmen in the Malacca Strait near the maritime border with Malaysia.
Thailand's box traffic forecast to rise 6.6% THE Port Authority of Thailand, which manages the country's two biggest ports, said container traffic may rise 6.6 per cent in the year ending Sept 30 because the Southeast Asian nation's expanding economy has bolster imports and exports.
Air and Land Transport
AirAsia ready to slug it out with SIA BUOYED by the success of his one-month-old venture in Thailand, AirAsia founder and chief executive Tony Fernandes is brimming with confidence as he slugs it out with Singapore Airlines to establish the region's leading low-cost carrier.
Ryanair taking no-frills flying to new heights
Indian Airlines to hire 139 pilots
Shenzhen Airport in talks with HK Airport Authority
Garuda to launch flights to KL, S'pore
THAI's Q1 profit forecast to rise 35%
Ship Sales
SHIP SALES PRICES are firming even further, with newbuilding Panamax bulkers, delivery 2004, being offered US$43 million, with handymax bulkers now seeing in excess of US$35 million and a re-sale Capesize bulker, delivering from Daewoo in September 2005 reportedly sold at around US$60 million.
Liner Scene
Signs of warning amid soaring freight rates IT has been an interesting fortnight. The biggest news was undoubtedly the flotation of P&O Nedlloyd, effectively heralding the exit of the UK's P&O group from major involvement in liner shipping.
PSA to invest 300m euros in new Antwerp terminals PSA Corporation will invest more than 300 million euros in its new terminal concessions at Europe's second busiest container port, Antwerp, and in return will gain an additional 3.75 million TEU capacity in the fast-growing Northern European market.
IMO adopts convention to stop spread of harmful organisms THE International Maritime Organisation formally adopted the 'alien invaders' convention aimed at preventing the spread of harmful aquatic organisms carried in ships' ballast water, at the close of its ballast water conference on Friday in London.
Indon navy sinks hijacked vessel AN Indonesian warship sank a boat that had been taken over by gunmen in the Malacca Strait near the maritime border with Malaysia.
Thailand's box traffic forecast to rise 6.6% THE Port Authority of Thailand, which manages the country's two biggest ports, said container traffic may rise 6.6 per cent in the year ending Sept 30 because the Southeast Asian nation's expanding economy has bolster imports and exports.
Air and Land Transport
AirAsia ready to slug it out with SIA BUOYED by the success of his one-month-old venture in Thailand, AirAsia founder and chief executive Tony Fernandes is brimming with confidence as he slugs it out with Singapore Airlines to establish the region's leading low-cost carrier.
Ryanair taking no-frills flying to new heights
Indian Airlines to hire 139 pilots
Shenzhen Airport in talks with HK Airport Authority
Garuda to launch flights to KL, S'pore
THAI's Q1 profit forecast to rise 35%
Ship Sales
SHIP SALES PRICES are firming even further, with newbuilding Panamax bulkers, delivery 2004, being offered US$43 million, with handymax bulkers now seeing in excess of US$35 million and a re-sale Capesize bulker, delivering from Daewoo in September 2005 reportedly sold at around US$60 million.
Liner Scene
Signs of warning amid soaring freight rates IT has been an interesting fortnight. The biggest news was undoubtedly the flotation of P&O Nedlloyd, effectively heralding the exit of the UK's P&O group from major involvement in liner shipping.
World Fuel Services takeover bid speculation grips market The international bunker market was today gripped by speculation that Miami-based marine fuels marketing giant World Fuel Services Corporation (WFS) is poised to announce the acquisition of United Kingdom-based global supplier and trader Tramp Oil.
Baltic supplier expands activities Latvian bunker supplier OVI Ltd., which supplies marine gas oil (MGO) in Riga and other ports in the Riga Bay, is expanding its activities with a recently acquired product tanker and the return of a former employee.
Bullish and bearish numbers give Baltic a mixed look In general the indications in the Baltic region were a mix of bullish and bearish numbers today, depending on the area. After prices rose steadily in most cases for the best part of a week on the back of crude, some ports saw falls today, while other grades in other ports either maintained previous levels, or continued rising.
South Africa: Cockett Marine Oil enters joint venture Cockett Marine Oil announced today that the company has entered a joint venture agreement with the influential Mvelaphanda group. The company will be primarily concerned with the marine fuels and lubricants industry in South Africa, however there are plans to expand into other areas on the African continent.
Arctic conditions cause havoc to bunkering in Black Sea and Med Severe winds, snow, and sub-zero temperatures disrupted bunkering today in an area stretching from the major Black Sea port of Novorossiysk in the east and as far west as Piraeus, Greece today. Winds of 70 miles-per-hour (mph) forced workers to stay at home in the key Turkish bunkering hub of Istanbul.
Peninsula announces new supply manager
Replenishment on way as East Asia avails tighten One Singapore trader told Bunkerworld today: "High viscosity products are heading to Asia from Europe, but will probably end up in Korea, Japan or Hong Kong and not Singapore."
Piraeus deliveries halted as Customs get snowed in Bunker nominations have been suspended in Piraeus until next week. Following heavy snowfalls in the port, many offices had to close, including the customs office.
Owners' dismay as IMO reaches ballast water agreement NEGOTIATIONS to regulate ballast water management by international convention bore fruit on schedule on Friday, but immediately ran into withering criticism from the shipping industry.
NOL denies acquisition tale that sent shares tumbling NEPTUNE Orient Lines of Singapore has denied it is about to make a large acquisition following an investment analyst report that triggered a 3.2% share price plunge on Thursday.
K Line's European arm orders first newbuild THE recently formed K Line (Europe) bulk shipping division has placed its first newbuilding order, for a 185,000 dwt capesize ship to be built at Kawasaki Shipbuilding Corp in Japan, writes Janet Porter.
Liberia is first in queue to join US WMD prevention programme LIBERIA has become the first country to sign up to a US programme designed to stop the maritime transport of weapons of mass destruction.
Cargoship sinks as blizzards hit Balkans UP TO 20 seafarers were missing on Friday after a general cargoship sank off Istanbul, as blizzards caused severe disruption to shipping in the Bosporus, writes David Osler.
Spanish yard unions agree to talks THE Spanish government and unions representing shipyard workers agreed to open a new round of talks today, Fairplay has been told
Virus hits 200 on Carnival ship THIRTEEN crew members and 185 passengers on board Carnival cruise ship Celebration have been stricken with a virus, according to the Centers for Disease Control
Dutch launch Caribbean link DUTCH shipping group Vertraco Shipping is to start a new regular liner service between northern Europe and French Guiana later this month
Teesport put on the market TEESPORT, the UK's second largest port, is being sold with a reported asking price of around £500M ($945M) by Nikko Principal Investments
DML buys Appledore APPLEDORE Shipbuilders has a future from today after DML confirmed acquisition of the yard at an undisclosed price
USWC terminals dodging the queues Local trucking groups have accused terminals at Los Angeles/Long Beach of dodging their requirement to cut queues outside the gates by shifting queues inside the terminals, winding around the stacks.
Railion Germany 'must make up its mind' in search for Austrian partner Railion Germany (RG) 'has no time to lose' in its competition with road, and is open to partnerships, possibly extending its network towards southeast Europe through an alliance in Austria.
US and Liberian officers cleared to seek WMDs aboard each other's ships
Maut debacle jeopardises Betuwe Line - Ruhr link-up
US battle over transport funds intensifies with Senate vote
MCL adds capacity to Vostochny services
Hutchison facing possible strike at Indonesian terminal over port status
Spanish strike called off after labour negotiations take 'good direction'
US rail end Q4 on high, but future growth faces challenges, say IANA
Planned merger of Norwegian ferry companies M're og Romsdal Fylkebåtar - Norway's biggest domestic ferry company - is likely to merge with Fylkesbaatane under the brand name Fjord1 ...
Klavenes buys "Envik" Finnish cement manufacturer Finncement has sold its cement carrier "Envik" to Norwegian Klavenes. The vessel will change name to "KCL ...
EMSA welcomes new tasks The European Maritime Safety Agency, EMSA, welcomes the Parliament decision to give the agency new tasks and responsibilities. EMSA will ...
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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