NOL opts for long-term post-panamax charters NEPTUNE Orient Lines signalled yesterday that it prefers to charter the 'workhorses' of the industry - the post-panamax container ships - to grow its fleet, rather than acquire newbuildings of larger, mega ships in the near future.
S'pore-flagged ship detained at UK port after safety checks A SINGAPORE-flagged bulk carrier was among nine foreign-flagged ships detained by the UK's Maritime & Coastguard Agency after failing a Port State Control safety inspection.
PSA reaches out to children IT was just described to staff as a charity jog, but PSA employees took a special interest in the need of the benefactors - children stricken with cancer - and helped raise a total of $250,000.
Keppel units win US$20m oil rig job from BP KEPPEL Corp subsidiaries have jointly won a US$20 million contract for the completion of an oil rig for BP plc in the Caspian Sea.
Reality of freight futures SHIPPING is risky business. Apart from the physical dangers in carrying people and goods across the oceans, the shipping market is volatile and subject to cyclical booms and slumps.
Air and Land Transport
Hijack scare aboard Air China flight A Chinese man with a history of mental illness tried to hijack a domestic Air China flight to South Korea yesterday, but the airliner made an emergency landing in central China and police detained the would-be hijacker.
Indonesia, US ink open-skies agreement
Security lapses hit Aussie airports
Ex-CFO of Boeing to plead guilty in tanker deal probe
NOL opts for long-term post-panamax charters NEPTUNE Orient Lines signalled yesterday that it prefers to charter the 'workhorses' of the industry - the post-panamax container ships - to grow its fleet, rather than acquire newbuildings of larger, mega ships in the near future.
S'pore-flagged ship detained at UK port after safety checks A SINGAPORE-flagged bulk carrier was among nine foreign-flagged ships detained by the UK's Maritime & Coastguard Agency after failing a Port State Control safety inspection.
PSA reaches out to children IT was just described to staff as a charity jog, but PSA employees took a special interest in the need of the benefactors - children stricken with cancer - and helped raise a total of $250,000.
Keppel units win US$20m oil rig job from BP KEPPEL Corp subsidiaries have jointly won a US$20 million contract for the completion of an oil rig for BP plc in the Caspian Sea.
Reality of freight futures SHIPPING is risky business. Apart from the physical dangers in carrying people and goods across the oceans, the shipping market is volatile and subject to cyclical booms and slumps.
Air and Land Transport
Hijack scare aboard Air China flight A Chinese man with a history of mental illness tried to hijack a domestic Air China flight to South Korea yesterday, but the airliner made an emergency landing in central China and police detained the would-be hijacker.
Indonesia, US ink open-skies agreement
Security lapses hit Aussie airports
Ex-CFO of Boeing to plead guilty in tanker deal probe
California due for wide-ranging cuts in sulphur levels Proposals aim to cut sulphur content in marine distillates to 0.2% and then 0.1% for all vessels operating in California Coastal Waters, and to create a SECA on the US West Coast.
Busy Gibraltar mirrors regional cargo movements
Greenpeace falls foul of Alaska oil spill regulation
Cockett confirms growing Latin American presence Cockett Marine Oil Ltd today announced a joint venture in the Colombian bunker market as the company works towards wider involvement in the region.
ARA region barge and product tightness persists
Barge operator announces fourth double-hull US-based company plans further double-hulled newbuilds to join its fleet of bunkering and transportation vessels.
Singapore: Majors move to accreditation Ten months remain for suppliers in Singapore to comply with the MPA deadline for meeting accreditation requirements.
EU Transport and Energy face four-way split LOYOLA de Palacio's mega-ministry in Brussels is expected to be split into at least four separate directorates-general when the new commission sits for the first time in November.
MISC to sell off more older bulkers and focus on energy MALAYSIA International Shipping Corp is planning to sell off more of its older dry bulk and containerships as it concentrates on energy transportation, writes Marcus Hand in Singapore.
Choppy ride on Wall Street for TOP Tankers in wake of Nasdaq float TOP Tankers has received a rough welcome from the stock market following its initial public offering on Nasdaq, writes Tony Gray.
AP Møller denies oil dumping claims AP Møller has strongly denied accusations by a former employee that crews on its vessels routinely act to conceal evidence of dumping oil into the world's waters.
UK investor buys Grandi Navi Veloci ALDO Grimaldi is to sell 80% of the shares in Genoa-based cruise-ferry operator Grandi Navi Veloci to UK investment fund Permira, where the senior partner of Permira is Charles Sherwood, elder son of Sea Containers' James Sherwood
Engineer pleads guilty AN engineer from the Jane Maersk, an AP Moller 35,639m' LPG carrier, pleaded guilty in federal court on 23 July to concealing and later destroying waste discharge records
JNPT 4th terminal attracts interest THE fourth terminal proposed at Jawaharlal Nehru Port Trust is attracting interest from the majors, including P&O Ports, PSA International and AP Moller
Superferry 14 towed to yard SUPERFERRY 14 is to be towed to a shipyard tomorrow, amid hopes that investigators may find evidence of the cause of the fire that killed more than 100 in February
Bugsier sells another salvage crane BUGSIER-Reederei has sold its penultimate salvage crane to Singapore-based Casel Salvage, a spokesman confirmed today
Dredging company M'sing insolvent GERMANY-based Anton M'sing, the activities of which include dredging and port construction, has filed for insolvency
June ablaze for West Coast Higher-than-anticipated volumes of containerized imports from Asia continued to surge, straining terminal capacity and clogging rail routes.
U.S. seeks security "gold standard" Department of Homeland Security official says agency wants effective supply-chain security that combines regulation and voluntary cooperation between government and business.
Surging demand drives Beijing to look for private rail investors China's railway network, the largest in the world, will end the state's monopoly by allowing private investment in branch lines to help finance its expansion and ease bottlenecks.
Monopoly clause could scupper POP Ennore bid
NOL secures post-panamaxes at 1999 charter rates
NYK launches Japan/China/Vietnam service
Surcharges hit Australia southbound cargo in August
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