Mexican ports eye LA business, says study CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28% SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.
Air and Land Transport
United gets more time to file revamp plan A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew
Port Shots
Port Shots PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.
Mexican ports eye LA business, says study CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28% SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.
Air and Land Transport
United gets more time to file revamp plan A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew
Port Shots
Port Shots PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.
Mexican ports eye LA business, says study CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28% SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.
Air and Land Transport
United gets more time to file revamp plan A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew
Port Shots
Port Shots PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.
Sources reveal expected changes to ISO 8217 Water content and viscosity measurement temperature among likely changes to ISO 8217 expected to be announced at next month's SIBCON conference in Singapore.
Chemoil: New Sales Director in Singapore
Leading ARA suppliers suffer loss in earnings Strong euro against US dollar and soaring crude prices result in depressed net margins for ARA bunker suppliers.
Singapore: Third surveyor receives biggest fine Third surveyor in latest probe receives biggest fine in latest crackdown on corruption in the bunker industry.
Supply and security continue to weigh heavily on surging crude Crude markets surged over a dollar again yesterday to reach fresh highs, with the momentum still visible in after-hours trading today.
Huguenot Energy withdraws from fuel oil market US east coast supplier withdraws from fuel oil market, but continues to offer marine gas oil.
Oil prices near $50 a barrel as Iraq fears grow OIL prices are expected to storm past the $50-a-barrel barrier this week on surging global demand and ever tightening security of supply.
Vopak and Stolt cleared after antitrust probe into barge activities THE European Commission antitrust authority has announced that an investigation into Koninklijke (Royal) Vopak and Stolt-Nielsen barging activities is over and the file has been closed.
CP Ships staff may lose some of 2003 bonus SENIOR staff at CP Ships have been told they might have to repay some of their 2003 bonuses after the downward adjustment of the company's profits.
Valve patent row goes on despite Koreans' court win A SOUTH Korean valve manufacturer has beaten off charges of patent infringement made in a Norwegian court, but no end is in sight to its bitter feud with Danish counterpart Pres-vac.
Cruise job suspect denies links EX-Channel Island resident Philip Mark Croshaw, a man apparently linked to suspect websites offering job opportunities to seafarers and offshore workers, says he is not involved in any fraudulent ship crewing activity
Restructure for US FMC THE US Maritime Commission is to be restructured with effect from Monday in a bid to improve its service to the shipping sector
India throws life-line to breakers INDIA today cut customs duty on old ships imported for demolition to 5% from 15% to boost domestic supply of cheaper steel
Bosporus transit time to worsen WAITING times for Suezmax tankers aiming to transit the Bosporus Straits are likely to double from five days in September to 10 in either direction towards the end of the year
Santos strike fears over gang sizes SANTOS port in Brazil could be hit by an all-out strike next week if talks between stevedore unions break down over gang sizes and pay rises
Maersk takes over MSP contracts THREE Maersk Lines Ltd vessels are now part of the US Maritime Security Program (MSP) fleet under an order signed yesterday by the Maritime Administration
Union, port begin dockworker lottery Longshore union and port officials began sifting through 300,000 applications for 3,000 temporary dockworker jobs at largest U.S. port complex.
Frontline sees strong market to 2010 While reporting sharply higher profits, Norwegian operator says world tanker markets may stay strong for the rest of the decade.
UPS asks for more China flights
CSX derailment closes chemical route
MOL selected for 'good governnance' fund
PACMAN offers ex-im compliance certification training
Rivals hit new China Post express service
India in Gulf trade accord
U.S. pushing for access to Japan insurance market
McGrath named to i2 board
Tunnel fire means more delays for West Coast trains
Additional Yantian berths boosts Hutchison returns Growing Yantian capacity is expected to further lift Hutchison Whampoa's returns following the 15% year-on-year growth in H1 turnover in its ports and related services division.
California longshore lottery winners announced today
Cosco Pacific's CIMC investment expected to lift earnings
Northport hauliers and agents end data-entry dispute
Smog causes Hong Kong ship collisions
Yang Ming sees 76% growth in H1 profits
Offen orders two super-post-panamaxes from Daewoo
Dongnama transfers service from Hanjin to Inchon terminal
Strike threat in Denmark The Danish Shipowners Association and its union counterpart Danish Navigators did not come to an agreement at their meeting at ...
North Sea lockout from 2 September Norwegian Shipowners' Association (NSA) warns of lockout on three mobile drilling rigs, eight drilling units on fixed platforms and on ...
Norwegian GSM base stations on ships in Swedish waters The Swedish Post & Telecom Agency proposes that Norwegian Maritime Communication Partners, MCP, will be permitted to install base stations for ...
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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