Dalian Port recovering slowly from July blast Dalian Port, north China's largest port operator, continues to feel the effects of a major explosion at the complex in July, with operations not expected to completely return to normal until early next year, a top executive said yesterday.
China Cosco upbeat on 2011 outlook China Cosco Holdings Co, Asia's largest shipping line by market value, expects 2011 to be a 'good year' as an economic rebound will encourage businesses and consumers in the US and Europe to resume spending.
Global marine insurance premiums dip 2% in 2009 Total global marine insurance premiums dropped 2 per cent in 2009 as insurers were hurt by a drop in trade volumes.
Strait Talk
A welcome, lucid look at maritime realities A COUPLE of weeks ago, Tommy Koh, chairman of the National University of Singapore's Centre for International Law, delivered the 4th Maritime Leaders Speaker Series lecture on the theme 'Singapore and the Sea: Strategic Significance and Opportunities for Young Singaporeans'.
Shipping Times
Japan to back bid for US train deal with loans Japan said it's ready to lend California money to help pay for a planned high-speed railroad as trainmakers from Asia to Europe compete for work on a project that will cost at least US$40 billion.
Funding for NY tunnel halted New Jersey Transit, the largest state-wide mass-transit network in the United States, froze new spending on an US$8.7 billion rail tunnel into Manhattan after the federal government estimated the project may run US$1 billion over budget.
Dalian Port recovering slowly from July blast Dalian Port, north China's largest port operator, continues to feel the effects of a major explosion at the complex in July, with operations not expected to completely return to normal until early next year, a top executive said yesterday.
China Cosco upbeat on 2011 outlook China Cosco Holdings Co, Asia's largest shipping line by market value, expects 2011 to be a 'good year' as an economic rebound will encourage businesses and consumers in the US and Europe to resume spending.
Global marine insurance premiums dip 2% in 2009 Total global marine insurance premiums dropped 2 per cent in 2009 as insurers were hurt by a drop in trade volumes.
Strait Talk
A welcome, lucid look at maritime realities A COUPLE of weeks ago, Tommy Koh, chairman of the National University of Singapore's Centre for International Law, delivered the 4th Maritime Leaders Speaker Series lecture on the theme 'Singapore and the Sea: Strategic Significance and Opportunities for Young Singaporeans'.
Shipping Times
Japan to back bid for US train deal with loans Japan said it's ready to lend California money to help pay for a planned high-speed railroad as trainmakers from Asia to Europe compete for work on a project that will cost at least US$40 billion.
Funding for NY tunnel halted New Jersey Transit, the largest state-wide mass-transit network in the United States, froze new spending on an US$8.7 billion rail tunnel into Manhattan after the federal government estimated the project may run US$1 billion over budget.
Dalian Port recovering slowly from July blast Dalian Port, north China's largest port operator, continues to feel the effects of a major explosion at the complex in July, with operations not expected to completely return to normal until early next year, a top executive said yesterday.
China Cosco upbeat on 2011 outlook China Cosco Holdings Co, Asia's largest shipping line by market value, expects 2011 to be a 'good year' as an economic rebound will encourage businesses and consumers in the US and Europe to resume spending.
Global marine insurance premiums dip 2% in 2009 Total global marine insurance premiums dropped 2 per cent in 2009 as insurers were hurt by a drop in trade volumes.
Strait Talk
A welcome, lucid look at maritime realities A COUPLE of weeks ago, Tommy Koh, chairman of the National University of Singapore's Centre for International Law, delivered the 4th Maritime Leaders Speaker Series lecture on the theme 'Singapore and the Sea: Strategic Significance and Opportunities for Young Singaporeans'.
Shipping Times
Japan to back bid for US train deal with loans Japan said it's ready to lend California money to help pay for a planned high-speed railroad as trainmakers from Asia to Europe compete for work on a project that will cost at least US$40 billion.
Funding for NY tunnel halted New Jersey Transit, the largest state-wide mass-transit network in the United States, froze new spending on an US$8.7 billion rail tunnel into Manhattan after the federal government estimated the project may run US$1 billion over budget.
DB opens container depot at Nuremberg's inland port The German service provider DB Intermodal Services GmbH has put a new container depot into service at Nuremberg's inland port. The depot covers some 53,000 sqm and offers space for...
UK government plans to sell and privatise Royal Mail The UK government has plans to privatise and sell off the postal delivery operations of the Royal Mail, saying that privatisation is essential to the service's survival. Under the ...
Groupe Heppner to build new general cargo platform in Metz The French transport and logistics company Groupe Heppner has announced that it is going to build a new terminal for general cargo activities in Metz (eastern France). The bui...
BLG Logistics lands major contract from Volkswagen Following an international call for tenders, the German company BLG Logistics Group, based in Bremen, was selected to forward completely knocked down shipments (CKD) for Volkswagen...
Port of Antwerp: second lock on left bank operational in 2016 The port of Antwerp (Belgium) has announced that the construction of the second lock in the Waasland port zone is scheduled to start after the building industry's 2011 summer holid...
DHL names new head of airfreight in Germany DHL Global Forwarding has chosen Thomas Kuhles to head its airfreight division in Germany. He took over the position from Christian Stingl at the beginning of August. The latter de...
Indonesian cargo carrier starts Singapore service The Indonesian freight-only carrier Tri-MG Intra Asia Airlines began scheduled services to Singapore's Changi Airport yesterday (12 September). The airline will add another 20 week...
JAL Group sells entire stake in JAL Logistics to Hamakyorex Japan Airlines Corporation (JAL) recently announced that its subsidiary, Japan Airlines International (JALI), will sell its entire stake of 72% in JAL Logistics Co to Hamakyor...
Shanghai Shipping Exchange defends integrity of boxship freight indices Indices use authentic data, are accurately calculated and internationally audited, says exchange president Zhang Ye
Boxship demand set to outstrip supply in 2010
US shippers sound alarm over Shanghai Exchange
Shanghai index points to recovery
Germanischer Lloyd denies plan to axe Asia jobs Leaked paper reveals sweeping cuts to workforce in Korea and the Philippines
Germanischer Lloyd job cuts signals shift in...
Specialised reefer fleet to shrink further Sector faces competition from container carriers but seaborne reefer volumes set to...
Big ships recast dry bulk landscape
NYK and BHP Billiton in 12-year iron ore contract First long-term contract between the two to ship ore from Western Australia to China....
Kuwait plans port expansion THE KUWAIT Ports Authority is considering a major expansion plan, which includes the development of six new ports, according to Dutch engineering company DHV
Green Reefers issues new shares NORWAY'S Green Reefers today issued new shares in the company that will be tradable on the Oslo Stock Exchange from tomorrow
TTS inks two new contracts NORWAY'S marine equipment company TTS today said it has signed two contracts worth about $10.1M
Floating storage false hope? JP MORGAN analyst Jonathan Chappell predicted today that tanker owners counting on floating storage to rescue 4Q10 rates "will be vastly disappointed"
Cheap way to list bonds OSLO'S stock exchange told Fairplay today shipping companies can use a new, cheaper and simpler way to list bonds
EU to 'name and shame' NEW RULES to improve ship safety have been introduced by the EC
New Danish shipping company founded United Nordic Shipping (UNS) is the name of a new Danish shipping company that has been established by Sydfyenske Holding-owned Thor Rederi and Rederiet Otto Danielsen, which is a
EU-fleet fears new piracy wave As the monsoon period is coming to its end and the weather is stabilising in the Indian Ocean, the number of attacks is expected to increase and vessels will have
BV onboard with LNG fuel developments Involved in project to develop LNG storage and supply system for main propulsion of 1,000 TEU container ship.
Pakistan refinery set to reopen this week Flood damage left supplies to bunker market 'tight and unpredictable'.
Strong distillate gains in south Europe Two suppliers in Piraeus report fully committed barge schedules until September 16.
Fujairah suppliers 'fully committed' Prices steady in Durban.
Super yacht marina offering duty free marine fuel Porto Montenegro has 107 metre jetty dedicated to supplying bonded bunkers.
ENOC scales down its presence in Singapore Decision comes two months after company stopped offshore bunker operations in Fujairah.
Regulations could 'jump start' investment in LNG bunkers LNG's future as a marine fuel will depend on shipping's attitude to exhaust gas scrubbers, say Poten & Partners.
Bonded bunker sales in Japan fall 6.3% month-on-month Weak demand in July due to high bunker prices.
Tokyo's IFO prices firm as demand improves Demand generally quiet in other key Asian bunker hubs on Tuesday.
Sinopec eyes early October launch at Tianjin port Plans to start bonded bunker operations at Guangzhou port facing delays.
Singapore supplier signs landmark Chinese deal To build Fujian storage facility 'two to three' times bigger than Singapore's Universal Terminal; signals intent to enter Chinese market.
GS Caltex to keep run rates for bunker fuel unchanged Vacuum residue hydrocracker unit starting operations in October.
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