Half of world's piracy attacks in region PIRACY and armed robbery attacks on ships continued its well-worn trend over the first nine months this year, with 56 per cent of the 251 actual and attempted pirate attacks world-wide occurring in neighbouring waters.
Semco's salvage feat saves bulk carrier FIRES burning deep within the cargo holds of the bulk carrier Nina, loaded with 58,600 tonnes of coal, were extinguished recently after a five-day salvage effort which included grounding the vessel and flooding its cargo holds.
Precious Shipping Q3 profit jumps 119% THAI dry bulk carrier Precious Shipping said yesterday its third-quarter net profit more than doubled due to higher freight rates on the back of robust global trade.
Top Tankers to buy five vessels for US$256.5m
Admiralty Casebook
US court says price-fixing charges arbitrable AUS appeals court last week stalled a major class action by a group of bulk chemical traders against four giants in the parcel tanker industry with its ruling that the damages claim for price fixing ought to first go to arbitration.
Half of world's piracy attacks in region PIRACY and armed robbery attacks on ships continued its well-worn trend over the first nine months this year, with 56 per cent of the 251 actual and attempted pirate attacks world-wide occurring in neighbouring waters.
Semco's salvage feat saves bulk carrier FIRES burning deep within the cargo holds of the bulk carrier Nina, loaded with 58,600 tonnes of coal, were extinguished recently after a five-day salvage effort which included grounding the vessel and flooding its cargo holds.
Precious Shipping Q3 profit jumps 119% THAI dry bulk carrier Precious Shipping said yesterday its third-quarter net profit more than doubled due to higher freight rates on the back of robust global trade.
Top Tankers to buy five vessels for US$256.5m
Admiralty Casebook
US court says price-fixing charges arbitrable AUS appeals court last week stalled a major class action by a group of bulk chemical traders against four giants in the parcel tanker industry with its ruling that the damages claim for price fixing ought to first go to arbitration.
Gunvor arb booking eases over-supply fears in Europe Booking of 275,000 mt fuel oil arbitrage cargo from Baltic to Singapore in late November and other cargoes ease market fears of supply surplus following US arb closure.
Italian demand takes its toll on local avails Buyers have been active in the last couple of days as prices dropped.
Rotterdam steady at noon
Singapore: Onshore stocks of residual and distillate fuels fall Onshore stocks of both residual fuels and middle distillates fell in the week ended November 3.
Vopak chief: China will play a different role to Singapore Chairman of Vopak's executive board says that China will play a bigger part in the company's investments in the future but it will play a different role to Singapore.
FSU: Black Sea fuel oil exports leap 53% in October Black Sea fuel oil exports from FSU ports leap in October compared to fewer exports from the Baltic.
Huangpu: HSFO prices to come under pressure as demand weakens The region's major end-users of 180 cst high sulphur fuel oil (HSFO) are cutting their requirements and switching to cheaper alternatives.
Morgan Stanley sounds alarm on tanker rates A WARNING that the tanker industry could face a deteriorating rate environment in the second-half of next year has been issued by Morgan Stanley, a leading US investment bank.
Soft landing predicted for dry bulk as China slows down DRY bulk freight rates are expected to be lower next year as China slows its economic growth, but shipping executives are predicting a "soft landing".
P&O terminals face squeeze with record cargo worldwide P&O's container terminals around the world are mostly working flat out to handle unprecedented cargo volumes, with congestion a common feature during this year's record breaking peak season.
French protest over crew changes SEAFARERS' unions at French national gas company Gaz de France have threatened to intensify their protests against the replacement of some French seafarers with Filipinos
Puerto Rico votes for governor THE provisional outcome of the Puerto Rico governor race has two key impacts for shipping
Top adds five Essar Suezmaxes TOP Tankers continues to pursue a rapid-growth strategy, announcing five acquisitions from India's Essar Shipping yesterday
P&O Ports figures remain strong THIRD quarter trading updates for P&O have shown a strong performance from P&O Ports, a struggling ferry operation and continuing property disposals
MyTravel issues an ultimatum STRUGGLING UK holidays group MyTravel has issued an ultimatum to its bondholders to support the '1.3Bn restructuring plan by the deadline of 17 November
Intertanko urges IACS on rules INTERTANKO has urged IACS to act quickly following news that the common rules regime will be delayed
HK truckers threaten protests over diesel taxes The transport industry in Hong Kong said it is considering a slow-drive protest on Tsing Yi Island on November 16 if the government fails to cut diesel taxes.
Chinese vice premier expects trade with ASEAN to boom
Suez facility could alter East Med terminal landscape
Seattle benefits from California congestion
P&O Ports maintains organic growth
Port State Control officers to intensify ship inspections
"Tampa" harassed by US officials Wilh. Wilhelmsen has complained that US authorities in Long Beach, California boarded and took control for a few hours of ...
Yukos prepares for worst case scenario Yukos Oil Company has annouced two extraordinary general meetings for 20 December and 13 January. The agenda for the first ...
Seatrans buys Eitzen chemcarrier Seatrans ' a chemical pool operator based in Bergen ' is finalising a deal to buy 19,733 DWT chemical/LPG carrier "Mont ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
