Washington State lawmakers seek to reclaim power to regulate tankers Senator Slade Gorton (R-WA) and Representative Jack Metcalf (R-WA) have introduced bills in response to the recent Supreme Court ruling in favor of Intertanko.The Gorton and Metcalf bills seek to remove the current federal preemption of state authority to adopt additional standards for tank vessels.
European Commission keeps up pressure on Korean shipbuilders The European Commission last week adopted the second in a series of reports to the Council of Ministers on the state of the world shipbuilding market. Noting a continuing decline in the market share of the EU shipbuilding industry. the report expresses particular concern about "commercially unsustainable prices" being offered by South Korean yards.
Harris quits P&O in boardroom row TIM Harris, seen by many as the heir apparent at P&O, has resigned from the UK's largest shipping group, it was disclosed yesterday.
Buckets of shame for Russian owner A RUSSIAN tanker has been branded "rustbucket of the month" by the Paris memorandum after 42 deficiencies were discovered during a port state control inspection in Germany earlier this year.
Amundsen to quit Kvaerner SVEIN Erik Amundsen, managing director at Norway's biggest shipping group Bergesen, is to quit Kvaerner's board after a 15-year stint. The change will take effect at today's annual meeting.
B&N Nordsjöfract back in profit for first quarter B&N Nordsjöfrakt of Sweden swung to a SKr3m ($335,000) first quarter net profit compared with a SKr5m loss last year, thanks to a much stronger performance from the bulk and general cargo business division, writes Rajesh Joshi, Oslo.
Doubts on Nomura bid knock ABP share price SHARES in Associated British Ports lost ground yesterday after the UK's largest port operator appeared to place a damper on prospects of a takeover bid emerging from Nomura, the Japanese investment bank.
Warner weighs up move into cruising WARNER Holidays is the latest United Kingdom holiday group wanting to expand into the ocean cruise market.
Go-it-alone Jones eyes shipping niche MARINE insurance? Avoid it like the love bug!
Oil price down as Norwegian strike ends NORWAY'S largest industrial action since 1986 ended yesterday after workers were awarded more money. This unclogged the country's crude exports, and caused oil prices to drop as traders began to digest the news, writes Rajesh Joshi, Oslo.
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