March 31, 2017, 8:27 am
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Shipping and Transportation

LNG terminal to meet deadline

by Reuters on November 27, 2013
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WARSAW – Poland has sped up work on a terminal for liquefied natural gas as it aims for a 2015 start date for receiving shipments from suppliers such as Qatar, the head of terminal operator Polskie LNG said on Monday.

Easing of EU ban on ship insur

by Reuters on November 26, 2013
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DUBAI - Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big Asian customers.

Brent spread hits 8-month high

by Reuters on November 26, 2013
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NEW YORK - Brent crude rose by nearly $1 in heavy spread trading that boosted the international benchmark’s premium to an eight-month high versus U.S. oil.

Brazil awards $9B of airport d

by Reuters on November 26, 2013
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SAO PAULO - Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of contracts in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics.

Seadrill lifts dividend, shrug

by Reuters on November 26, 2013
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NEW YORK - Seadrill, the world’s biggest offshore driller by market capitalization, announced a higher-than-expected quarterly dividend, predicting a slowdown in spending by oil firms that held back third-quarter earnings would be temporary.

Deutsche Bahn CEO says train

by Reuters on November 26, 2013
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FRANKFURT - German rail operator Deutsche Bahn said it was expecting a further delay in the delivery of 27 double-decker passenger trains built by Canada’s Bombardier.

Transpacific container shipper

by Reuters on November 25, 2013
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COPENHAGEN - Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $200 per 40-foot container from Dec. 20 and then by a further $300 per FEU from Jan. 15, in an effort to halt current losses, their organization TSA said.

Arcadia to quit physical oil

by Reuters on November 25, 2013
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SINGAPORE - Arcadia Energy is pulling out of physical oil products trading in Asia and has given up ‘clean’ storage space in Singapore, industry sources with direct knowledge of the matter said.

Fredriksen increases TUI AG st

by Reuters on November 25, 2013
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FRANKFURT - Norwegian shipping magnate John Fredriksen is increasing his shareholding in Europe’s largest tour operator TUI AG to more than 20 percent and simultaneously selling his entire stake in its TUI Travel subsidiary.

Gulf carriers eye Australia pr

by Reuters on November 25, 2013
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SYDNEY - The bad-tempered battle between Virgin Australia Holdings Ltd and Qantas Airways Ltd over Australia’s skies is a proxy for increasingly tough regional competition among carriers including ambitious Gulf airlines Etihad and Emirates.

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Front Page

Column of the Day

Escape from true healing

By DODY LACUNA | March 31,2017
150 View(s) 0 Comment(s)
‘The power to forgive and the grace to accept it are not inside us.’

Opinion of the Day

A barbaric fraternity

By DAHLI ASPILLERA | March 31, 2017
169 View(s) 0 Comment(s)
‘On the case of a mauled-to-death frat recruit, how shocking to hear Judge Perla Cabrera-Faller’s verdict that no one is to blame for the death of Marc Andrei Marcos...’