2 new berths raise PTP capacity to 6m TEUs THE neighbouring Malaysian Port of Tanjung Pelepas has raised its throughput capacity to six million TEUs following the completion of two berths under its phase two expansion, but will hold off on six more until market demand warrants it.
Keeping MPA on right course THE waters across from the Maritime and Port Authority of Singapore offices in Telok Blangah were calm, with ships facing one direction, following the flow of the current.
Jakarta sees foreign plot behind piracy charges INDONESIA's navy chief has played down the piracy threat in the Malacca Strait and says he believes there may be a foreign conspiracy to use the issue to justify intervention in the crucial waterway.
Taiwan's Formosa plans more China docks TAIWAN's Formosa Plastics Group is planning to invest NT$3 billion to build five shipping docks in China to import raw materials for its operations there, a local newspaper reported yesterday.
Tanker owners head for record profit as oil demand soars FRONTLINE Ltd, Teekay Shipping and other oil-tanker owners may report a second year of record profits amid the biggest increase in demand for crude since 1980.
Air and Land Transport
Airbus dismisses Boeing criticisms over subsidies AIRBUS SAS, the world's biggest planemaker, said state aid to the company is worth no more than 'a hundred-thousand bucks' an aircraft, rejecting criticism from Boeing Co that subsidies give Airbus an unfair advantage.
India's Air Deccan gears up for price war next month
BA considering making a bid for Ireland's Aer Lingus: report
Boeing mulls offering larger 747 to meet demand in Asia
2 new berths raise PTP capacity to 6m TEUs THE neighbouring Malaysian Port of Tanjung Pelepas has raised its throughput capacity to six million TEUs following the completion of two berths under its phase two expansion, but will hold off on six more until market demand warrants it.
Keeping MPA on right course THE waters across from the Maritime and Port Authority of Singapore offices in Telok Blangah were calm, with ships facing one direction, following the flow of the current.
Jakarta sees foreign plot behind piracy charges INDONESIA's navy chief has played down the piracy threat in the Malacca Strait and says he believes there may be a foreign conspiracy to use the issue to justify intervention in the crucial waterway.
Taiwan's Formosa plans more China docks TAIWAN's Formosa Plastics Group is planning to invest NT$3 billion to build five shipping docks in China to import raw materials for its operations there, a local newspaper reported yesterday.
Tanker owners head for record profit as oil demand soars FRONTLINE Ltd, Teekay Shipping and other oil-tanker owners may report a second year of record profits amid the biggest increase in demand for crude since 1980.
Air and Land Transport
Airbus dismisses Boeing criticisms over subsidies AIRBUS SAS, the world's biggest planemaker, said state aid to the company is worth no more than 'a hundred-thousand bucks' an aircraft, rejecting criticism from Boeing Co that subsidies give Airbus an unfair advantage.
India's Air Deccan gears up for price war next month
BA considering making a bid for Ireland's Aer Lingus: report
Boeing mulls offering larger 747 to meet demand in Asia
Japanese suppliers rue tight avails amid Korean problems Sources in the Japanese market report tight avails ahead of expected surge in demand.
Crude hovering near highs in undecided market The jury is still out on wether fundamentals are supporting current oil prices.
Singapore: BP reveals plans for 'knowledge-based' future Assets sell-off does not mean BP's presence in Singapore is fading, claims BP Singapore president.
Gibraltar starts week on firm note
South Korea: Strike forces key supplier to halt quotes South Korean bunker market currently unaffected by strike at LG Caltex, but fuel oil shortages in Hong Kong could divert demand and push prices up, broker warns.
St. Petersburg suppliers await refiners next move Avails continue to tighten in Baltic Sea port forcing prices close to $160 pmt for IFO380 product - up over $30 pmt in one week.
Rotterdam steady at noon, still congested
China: International bunker sales leap
Chimbusco expands storage to deal with demand surge China's largest bunker supplier announces a series of expansion plans for terminal and storage facilities to deal with leap in Chinese demand.
Hong Kong bunkering resumes after storm, congestion ensues
Panama flag braces for mass defection by Japanese owners THE Panamanian flag is bracing itself for a raft of defections over its handling of ISPS implementation, with Japanese owners, who account for 40% of the world's largest registry, considering moving away.
Now Greece's Restis Group joins hunt to buy Stelmar Shipping RESTIS Group, one of Greece's largest shipping empires, harbours ambitions to acquire Stelmar Shipping, the New York-listed tanker company which recently rejected a bid from rival OMI.
Stamatis Restis dies aged 64 STAMATIS Restis, one of Greece's leading shipowners, has died suddenly in Athens at the age of 64 just as his group emerged as a potential bidder for Stelmar Shipping.
IMO chief joins shore-leave debate Seafarers should not be discriminated against by governments and port authorities enforcing security regulations, the secretary-general of the International Maritime Organization urged yesterday, writes Michael Grey .
Panama flag faces wave of defections in ISPS row THE Panamanian flag is bracing itself for a raft of defections following earlier criticism of the way International Ship and Port Facility Security Code certificates have been processed, which saw many ships fail to meet the July 1 deadline.
Turkey prepares to lift Cyprus ban TURKEY is reportedly preparing to lift its 17-year standing ban on Cyprus flagged vessels calling at Turkish ports, writes David Osler.
Turkey to lift Cyprus embargo THE Turkish government has told EU transport commissioner Loyola de Palacio that it intends to lift the ban on Cypriot shipping calling at Turkish ports
JNPT and NSICT arbitration JAWAHARLAL Nehru Port Trust and P&O Ports-run Nhava Sheva International Container Terminal have started arbitration over four payment issues
Stelios reveals new Stelmar bid THE Restis Group is seeking to buy Stelmar Shipping, according to Stelios Haji-Ioannou, Stelmar founder and shareholder
Izar future increasingly tenuous THE future for Spanish shipbuilder Izar looks increasingly tenuous after reports emerged on Saturday questioning whether commercial vessels could be built profitably
Truckers seek Brazilian gridlock BRAZILIAN shipping lines are bracing themselves for another bout of port chaos after the country's national truck drivers' union ordered its members to go on strike
DFDS expands Baltic operations DFDS, the Copenhagen based ferry company, will increase its presence in the Baltic by opening a second link between Latvia and Germany
JNPT calls P&O Ports to arbitration over payment and rail-rate issues Jawarharlal Nehru Port Trust (JNPT) is to call Nhava Sheva International Container Terminal (NSICT) operator P&O Ports to arbitration, over discriminatory rail charges and non-payment of security dues.
Israeli unions seek guarantees on rights while shippers reveal port go-slow cost
Cargo flows delayed at Port of Montreal
Australia to boost box screening in maritime security upgrade
South African line aims to change SA market-share and ownership structure
Freight rates on Korea/Japan and Southeast Asia trades recovering
Kwai Chung container terminals achieve double-digit growth in June
Brunei bids for box-hub status
Antwerp H1 container throughput rises 14.9%, on fewer ships
New contender on Moss-Skagen Jet Link AS, a company formed by Lars Petter Helminsen of Fredrikstad, has signed a preliminary contract to charter an ...
Russians declares second icebreaker from Havyard Servmorneftegaz of Archangelsk has now declared the option for a second icebreaker from Havyard Leirvik in Western Norway. The 100 ...
Big-cruise-shift in Copenhagen this weekend Copenhagen Malmö Port (CMP) will get extremely busy this coming weekend along with Copenhagen Airport, when they are accommodating some ...
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