Asia terminal expansions need of the hour A shortfall in container handling capacity of nearly 14 million TEUs across East Asian ports by 2007 means there is an 'immediate need' to invest in terminal expansion, particularly in China, the head of Drewry Shipping Consultants said recently.
Liner role in S'pore terminal ops to rise THE strategy of shipping lines becoming involved in terminal operations will become more prevalent in Singapore, as this trend intensifies across Asia, according to a senior shipping consultant.
Old warship scuttled to create Europe's first artificial reef AFTER nearly a quarter century of loyal service, the Royal Navy's warship Scylla was redeployed to the bottom of the ocean to become what organisers said would be Europe's first artificial reef.
Air and Land Transport
US airports facing over-crowding: study MORE than 40 US airports will be unable to handle their air traffic by 2020 unless they are expanded, the Federal Aviation Administration says.
Kuwait Airways privatisation plan gets House panel nod
More US airlines raise fares to offset rising fuel prices
Air Canada asked to revise pension plan
Ship Sales
Ship Sales THERE is no let-up in the activity in the dry bulk market, especially for handy/handymax tonnage, with plenty of sales and on-going transactions to report.
Liner Scene
Box imbalance at the heart of liner shipping's troubles AT last week's Asia Pacific Maritime 2004 Summit, three speakers made convincing cases on the general theme that the imbalance of container flows between Asia and its main trading partners presents the liner shipping industry with one of its biggest challenges.
Asia terminal expansions need of the hour A shortfall in container handling capacity of nearly 14 million TEUs across East Asian ports by 2007 means there is an 'immediate need' to invest in terminal expansion, particularly in China, the head of Drewry Shipping Consultants said recently.
Liner role in S'pore terminal ops to rise THE strategy of shipping lines becoming involved in terminal operations will become more prevalent in Singapore, as this trend intensifies across Asia, according to a senior shipping consultant.
Old warship scuttled to create Europe's first artificial reef AFTER nearly a quarter century of loyal service, the Royal Navy's warship Scylla was redeployed to the bottom of the ocean to become what organisers said would be Europe's first artificial reef.
Air and Land Transport
US airports facing over-crowding: study MORE than 40 US airports will be unable to handle their air traffic by 2020 unless they are expanded, the Federal Aviation Administration says.
Kuwait Airways privatisation plan gets House panel nod
More US airlines raise fares to offset rising fuel prices
Air Canada asked to revise pension plan
Ship Sales
Ship Sales THERE is no let-up in the activity in the dry bulk market, especially for handy/handymax tonnage, with plenty of sales and on-going transactions to report.
Liner Scene
Box imbalance at the heart of liner shipping's troubles AT last week's Asia Pacific Maritime 2004 Summit, three speakers made convincing cases on the general theme that the imbalance of container flows between Asia and its main trading partners presents the liner shipping industry with one of its biggest challenges.
Asia terminal expansions need of the hour A shortfall in container handling capacity of nearly 14 million TEUs across East Asian ports by 2007 means there is an 'immediate need' to invest in terminal expansion, particularly in China, the head of Drewry Shipping Consultants said recently.
Liner role in S'pore terminal ops to rise THE strategy of shipping lines becoming involved in terminal operations will become more prevalent in Singapore, as this trend intensifies across Asia, according to a senior shipping consultant.
Old warship scuttled to create Europe's first artificial reef AFTER nearly a quarter century of loyal service, the Royal Navy's warship Scylla was redeployed to the bottom of the ocean to become what organisers said would be Europe's first artificial reef.
Air and Land Transport
US airports facing over-crowding: study MORE than 40 US airports will be unable to handle their air traffic by 2020 unless they are expanded, the Federal Aviation Administration says.
Kuwait Airways privatisation plan gets House panel nod
More US airlines raise fares to offset rising fuel prices
Air Canada asked to revise pension plan
Ship Sales
Ship Sales THERE is no let-up in the activity in the dry bulk market, especially for handy/handymax tonnage, with plenty of sales and on-going transactions to report.
Liner Scene
Box imbalance at the heart of liner shipping's troubles AT last week's Asia Pacific Maritime 2004 Summit, three speakers made convincing cases on the general theme that the imbalance of container flows between Asia and its main trading partners presents the liner shipping industry with one of its biggest challenges.
Asia terminal expansions need of the hour A shortfall in container handling capacity of nearly 14 million TEUs across East Asian ports by 2007 means there is an 'immediate need' to invest in terminal expansion, particularly in China, the head of Drewry Shipping Consultants said recently.
Liner role in S'pore terminal ops to rise THE strategy of shipping lines becoming involved in terminal operations will become more prevalent in Singapore, as this trend intensifies across Asia, according to a senior shipping consultant.
Old warship scuttled to create Europe's first artificial reef AFTER nearly a quarter century of loyal service, the Royal Navy's warship Scylla was redeployed to the bottom of the ocean to become what organisers said would be Europe's first artificial reef.
Air and Land Transport
US airports facing over-crowding: study MORE than 40 US airports will be unable to handle their air traffic by 2020 unless they are expanded, the Federal Aviation Administration says.
Kuwait Airways privatisation plan gets House panel nod
More US airlines raise fares to offset rising fuel prices
Air Canada asked to revise pension plan
Ship Sales
Ship Sales THERE is no let-up in the activity in the dry bulk market, especially for handy/handymax tonnage, with plenty of sales and on-going transactions to report.
Liner Scene
Box imbalance at the heart of liner shipping's troubles AT last week's Asia Pacific Maritime 2004 Summit, three speakers made convincing cases on the general theme that the imbalance of container flows between Asia and its main trading partners presents the liner shipping industry with one of its biggest challenges.
AP Moeller profits up but shares dive on forecasts Weak dollar and higher bunker cost predictions for 2004 cast shadow over strong results.
Matrix to launch Guatemalan supply operation Houston-based supplier aiming to offer viable alterntive to established ports with offshore SBM deliveries.
Baltic continues to endure slump in demand Low demand continues to plague most suppliers in the Baltic region
New Wilhelmsen Bunkers office up and running The global bunker broker and trading company Wilhelmsen Bunkers AS has confirmed that its new office in South Africa is up and running.
Indian market update
Blending hold-ups push Singapore delivery dates into April More congestion expected as cargo blending prevents suppliers' smooth terminal access.
Rotterdam still strong despite bearish crude movements
FBI: US Gulf refineries terrorist targets Texas Coastal Regional Advisory System advised of 'uncorroborated' reports.
Box boom fuels Møller-Maersk profit rise but flat outlook hits shares NET profit growth of 43% achieved by AP Møller-Maersk last year as container shipping recovered failed to satisfy the stock market on Friday, with the dollar's fall and heavy writedowns leaving the bottom line figure below some expectations.
Majority of Asian ports 'will fail to meet ISPS Code deadline' THE mass of ports in Asia will not meet the deadline for the International Ship and Port Facility Security Code, warns the executive director of P&O Ports Asia operations headquarters, Bryan Smith.
P&O Ports follows Hutchison surcharge A SECOND terminal operator, P&O Ports, is to follow Hutchison Port Holdings in its controversial decision to charge customers for additional security measures introduced for the International Ship and Port Facility Security Code, writes Marcus Hand in Singapore.
General Maritime buys Soponata tanker fleet PETER Georgiopoulos' General Maritime has confirmed it is purchasing the tanker fleet of Portugal's Soponata in a deal worth more than $400m, writes Tony Gray.
Mangouras lawyers file plea for bail to Human Rights court LAWYERS acting for Apostolos Mangouras, master of the Prestige, have filed a case with the European Court of Human Rights in a bid to have his strict bail conditions eased, writes Brian Reyes in Gibraltar.
Soponata falls to GenMar GENERAL Maritime Corp (GenMar) is to take over Portuguese operator Soponata for $415M
Gdynia restructure approval Monday THE revised restructuring programme for Gdynia Shipyard, Poland's largest shipbuilder, has been given the go-ahead by the Agency for Industry Development
OMI flags up another MARPOL concern US-based OMI Corp has admitted there may be further trouble ahead
Van der Giessen yard site take-over RUMOURS in the Netherlands this evening suggest that the Van der Giessen-De Noord site is to be taken over by the steel manufacturer Hollandia
US Northeast truck disruption TRUCK traffic between Boston and New York will be badly disrupted following a serious accident on Thursday night that could close the busy I-95 for two weeks
New hope for Karachi Eight PAKISTAN'S new communications minister says he will treat the case of the 'Karachi Eight' sympathetically
Dollar slide fails to check AP Moller-Maersk's box profits AP Moller Maersk shares have fallen by 10% following the group's announcement of a DKr12.96billion net result for last year, up from DKr10.45billion in 2002.
P&O Ports to blend security costs with terminal charges
Pondicherry live ammunition discovery raises smuggling fears
Hanjin Shipping shuffles China-USWC services
Maersk rides the tide as returns boom
Malaysian carriers ask for electronic manifest deferral
Cosco Pacific terminals and containers positioned for 2003 success
Stolt-Nielsen launches bond offering Observers ask if company can achieve desired price a week after ejection from amnesty program.
Eastwind grounded outside Port Everglades Salvors fail in first attempt to refloat bulker stuck outside port.
Genmar seals Soponata deal Peter Georgiopoulos' growth-minded New York company will boast 51 tankers after $415m cash deal for venerable Portugese owner.
Simon still in red Slimmed-down UK ports group posts loss for 2003, following sale of Seawheel ro-ro arm.
Seabulk racks up full-year loss But company bullish about new prospects in foreign-flag business.
Shipping boosts AP Moller But shares plunge as adverse exchange rates and weaker offshore rates lead to lower than expected result.
Kiwi union blasts FOCs Maritime Union of New Zealand claims bulk carriers could become weapons of mass destruction.
TI time-charters in VLCCs Pool player takes Saudi tonnage at very strong rate.
TMT swoops on two more VLCCs Taiwan buyer on prowl again as company moves in on tanker and LNG tonnage.
Petronet LNG sinks on debut Market twitchy over Indian LNG importer's gap in sales.
Crowley hit by higher costs US liner and tanker operator increased operating profit in 2003, but expenses rose.
Ashida steps up at MOL Deputy president (right) becomes the boss, as Kunio Suzuki takes chairmanship.
Tosmare moves into shipbuilding Latvian yard hoping to finish first two fully equipped vessels this summer.
NOL to sell ship chandler firm Singapore shipowner offloading Orient Marine as it looks to concentrate on liner and logistics.
Price is right for Hornbeck US offshore shipowner prepares to pocket $78m from IPO on New York exchange.
CP Ships confirms new credit Five-year loan facility to fund possible acquisitions at boxship group.
DSME lifts profit February proves to be better month for Korean shipbuilder Daewoo's earnings.
Profit up - shares down for Møller-Maersk The shares in A.P. Møller-Mærsk Limited fell today in the minutes after the account for 2003 was send to ...
Wärtsilä MD still detained Yesterday, the West Sweden appeal court ruled against an appeal from the MD of Wärtsilä Sweden. He is suspected of ...
J. Lauritzens show first black figures in years J. Lauritzen Group came out of 2003 with black figures for the first time in five years! The group logged ...
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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