India's JNP terminal project caught up in election battle HIGHLIGHTING the challenges of doing business in India, the plum win by the Maersk/Concor consortium for the new 10 billion rupee container terminal at India's Jawaharlal Nehru Port appears to have been tripped up by the country's election fervour.
S Korea world's top shipbuilder SOUTH Korea overtook Japan to become the world's largest shipbuilder last year with over 40 per cent of the market, the Commerce, Industry and Energy Ministry said yesterday.
CIMC sees Q1 earnings rising over 50% CHINA International Marine Containers , the world's largest maker of shipping containers, expects first-quarter net profit to leap more than 50 per cent on booming demand, the company said yesterday.
Cosco Pacific's Q1 volumes up 18.6% COSCO Pacific Ltd, the port arm of China's largest shipping company, handled 18.6 per cent more containers in the first quarter as demand in the US and Europe for China-made computer chips, cellphones and other goods rose.
Air and Land Transport
US Airways' chief Siegel quits amid strife THE chief executive of US Airways, David Siegel, who vowed last month that he would not run from the airline's deepening financial problems but had reached a logjam with its unions, resigned on Monday.
Bio-science to outpace electronics in Singapore shipment growth
Pittsburgh may lift post-Sept 11 security rule
Power outage hits LA airport
Strait Talk
Low detention rates essential for modern register THERE is no doubt that last week's news that the US Coast Guard has admitted Singapore to its 21st Century programme is a real feather in its cap for the Republic's register and the Maritime and Port Authority of Singapore.
India's JNP terminal project caught up in election battle HIGHLIGHTING the challenges of doing business in India, the plum win by the Maersk/Concor consortium for the new 10 billion rupee container terminal at India's Jawaharlal Nehru Port appears to have been tripped up by the country's election fervour.
S Korea world's top shipbuilder SOUTH Korea overtook Japan to become the world's largest shipbuilder last year with over 40 per cent of the market, the Commerce, Industry and Energy Ministry said yesterday.
CIMC sees Q1 earnings rising over 50% CHINA International Marine Containers , the world's largest maker of shipping containers, expects first-quarter net profit to leap more than 50 per cent on booming demand, the company said yesterday.
Cosco Pacific's Q1 volumes up 18.6% COSCO Pacific Ltd, the port arm of China's largest shipping company, handled 18.6 per cent more containers in the first quarter as demand in the US and Europe for China-made computer chips, cellphones and other goods rose.
Air and Land Transport
US Airways' chief Siegel quits amid strife THE chief executive of US Airways, David Siegel, who vowed last month that he would not run from the airline's deepening financial problems but had reached a logjam with its unions, resigned on Monday.
Bio-science to outpace electronics in Singapore shipment growth
Pittsburgh may lift post-Sept 11 security rule
Power outage hits LA airport
Strait Talk
Low detention rates essential for modern register THERE is no doubt that last week's news that the US Coast Guard has admitted Singapore to its 21st Century programme is a real feather in its cap for the Republic's register and the Maritime and Port Authority of Singapore.
India's JNP terminal project caught up in election battle HIGHLIGHTING the challenges of doing business in India, the plum win by the Maersk/Concor consortium for the new 10 billion rupee container terminal at India's Jawaharlal Nehru Port appears to have been tripped up by the country's election fervour.
S Korea world's top shipbuilder SOUTH Korea overtook Japan to become the world's largest shipbuilder last year with over 40 per cent of the market, the Commerce, Industry and Energy Ministry said yesterday.
CIMC sees Q1 earnings rising over 50% CHINA International Marine Containers , the world's largest maker of shipping containers, expects first-quarter net profit to leap more than 50 per cent on booming demand, the company said yesterday.
Cosco Pacific's Q1 volumes up 18.6% COSCO Pacific Ltd, the port arm of China's largest shipping company, handled 18.6 per cent more containers in the first quarter as demand in the US and Europe for China-made computer chips, cellphones and other goods rose.
Air and Land Transport
US Airways' chief Siegel quits amid strife THE chief executive of US Airways, David Siegel, who vowed last month that he would not run from the airline's deepening financial problems but had reached a logjam with its unions, resigned on Monday.
Bio-science to outpace electronics in Singapore shipment growth
Pittsburgh may lift post-Sept 11 security rule
Power outage hits LA airport
Strait Talk
Low detention rates essential for modern register THERE is no doubt that last week's news that the US Coast Guard has admitted Singapore to its 21st Century programme is a real feather in its cap for the Republic's register and the Maritime and Port Authority of Singapore.
OPEC experimenting with new reference oil price The new trial formula works out a lot lower than the official basket price and explains why the cartel has declined to enforce its so-called price band mechanism.
Winter restrictions ending at key Baltic oil port
Shanghai futures exchange a step closer to realisation China's State Council backing means futures exchange on target for Q3 start.
Uruguay supply situation slowly returning to normal
Trader joins O.W. Bunker Group
Avails push earliest Fujairah dates into weekend Fujairah's earliest dates still suffer from tight avails and heavy commitment on resupply cargoes
Early Hong Kong dates increasingly dependent on resupply cargo
Prices touch nine-month highs in key ports Combination of firm crude market and local factors send prices to record highs accross the globe.
Rotterdam steady at midday
Swedish supplier takes step towards double-hulled future Stena Oil AB reveals order for a new state-of-the-art double- hulled product tanker, part of the company's strategy to be fully prepared for EU legislation on double hulls.
Estonian export terminal capacity expanded Vopak announces acquisition of leased tanks and plans for further expansion next year.
Darling sinks ABP's £600m dream for Dibden Bay PLANS to build a huge new container terminal at Dibden Bay were rejected by the government yesterday on environmental grounds.
Green groups wade into rival box plans ENVIRONMENTALISTS savoured victory last night, but were already taking aim at the three remaining UK container terminal projects at various stages of the planning process, writes Roger Hailey.
Decision 'not life or death' for port giant ABP quickly responded to the disappointment of the Dibden Bay decision by announcing a '100m share buy-back programme, write Tony Gray and Janet Porter.
No end in sight to congestion as environmentalists win argument CONTAINER lines and their customers reacted with a mixture of shock and disappointment to the Dibden Bay decision, while the ports industry said the balance had swung too far in favour of environmentalists.
UK rejects Dibden Bay plan THE UK government has rejected Southampton's '600M ($1Bn) Dibden Bay container terminal development put forward by Associated British Ports
ABP regroups after Dibden rejection THE price of Associated British Ports shares fell by 10% this morning on news of the UK government's rejection of the company's Dibden Bay proposal
Eurotunnel records poor quarter EUROTUNNEL, the operator of the tunnel linking France and the UK, has posted worrying figures for the first three months of the year
Transneft offers Barents Sea option TRANSNEFT, Russia's state controlled oil pipeline agency, is proposing a new oil export route for the Barents Sea, instead of Murmansk, the private oil producers' choice
Malta to sell off national line THE Maltese government yesterday announced its intention to privatise Sea Malta, the national shipping line
Free port hatching in China WAIGAOQIAO Bonded Logistics Area has passed a strict examination by PRC State Council experts, marking the first move towards a free port in China
CSX: No problem with 'short' sea Intermodal executive says railroad wouldn't necessarily oppose system that potentially could divert trailer traffic from rail to water.
Shippers deride TSA's THC components list after 13-year wait Hong Kong Shippers' Council (HKSC) executive director Sunny Ho revealed serious defects in the Transpacific Stabilization Agreement's (TSA) terminal handling charges (THCs) component list today.
Dibden dredges up debate about the future of UK shipping The UK government's rejection of the proposed Dibden Bay deepwater container terminal at Southampton has raised questions about the future of UK shipping and transport on all sides.
Darling cites public interest in rejection of Dibden Bay proposal
APM Terminals greenlight Virginia terminal
Victoria government to accelerate Melbourne deepening
US Congresswoman says missile money should go to port security
rail4chem ready for Alpine crossing
ICTSI's Baltic Container Terminal tots up phase one expansion plan
Extended single-hull ban from 1 May The ban on single-hull tankers, introduced by the European Union in October last year, will be extended to the ...
New management at Odense Shipyard Odense Staalskibsværft, the A.P. Møller-Mærsk owned shipyard in Odense, Denmark, has got a new management. The new CEO is ...
Barent Sea exploration restarts Statoil and Norsk Hydro has finally signed a letter of intent with drilling contractors Ocean Rig to sink three exploration ...
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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