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- WTSA to boost rates to recover US-Asia fuel costs from April WESTBOUND Transpacific Stabilization Agreement (WTSA) container shipping lines have announced that they are raising bunker fuel surcharges across all dry commodity categories on th……
- Supreme Court hears arguments in Exxon Valdez case The U.S. Supreme Court heard oral arguments Wednesday on ExxonMobil's appeal of a record $2.5 billion punitive damages award against the company to victims of the Exxon Valdez oil ……
- Israel Corp. planning Zim share offering Zim's parent company issued a statement this morning to the Tel Aviv Stock Exchange saying no decisions have been made regarding the timing, location and size of an offering, which……
- Cursed UK Cruise Ship hit by Bug A British cruise ship dubbed as cursed by some media after a bottle failed to smash at its launch has been hit by an outbreak of a vomit-inducing infection, reports said on Monday.……
- US Government awards US$50 million for Oakland dredging US PRESIDENT George Bush recently signed an appropriations bill, awarding US$41.3 million towards the Port of Oakland's Harbour Deepening Project and $8.2 million for annual dredgi……
- Weak infrastructure, strikes and record growth clog Chennai Container Terminal INDIA's Chennai Container Terminal (CCT) operated privately by Dubai-based DP World has been plagued by a labour go-slow, a work stoppage by trailer operators, bad weather and dama……
- Bigger and cheaper Suez battles with Panama, LA-LB for Asia-to-US-east coast cargo THE Suez Canal Authority has joined APL in its pitch to avoid Panama constrictions and LA-Long Beach transhipment expenses and use Suez to get containers directly to US east coast ……
- Ningbo-ASEAN trade surplus soars 120pc in first 11 months EASTERN China port city of Ningbo's trade with ASEAN generated a cumulative surplus of US$1.75 billion from January to November 2007, a surge of 120 per cent over the same period a……