Piracy rife in region despite joint patrols CASTING further doubt on the efficacy of the much heralded trilateral 'coordinated' patrols, pirates operating in Indonesian waters and the Malacca straits made six separate, reported attacks over the last week alone.
Bosphorus delays grow to 15 days for oil tankers DELAYS for daylight-restricted oil tankers transiting the Turkish straits grew to 15 days for a round-trip journey on Tuesday, shipping brokers said.
Shenzhen's 10-month sea volumes jump 29% SEA container traffic through the southern Chinese port of Shenzhen rose 29 per cent in the first 10 months from the same period last year, thanks to the world's growing demand for China-made goods.
Freight rates may hit record high: shipbroker
Suez Canal traffic returns to normal
Port Shots
PORT SHOTS THREE shipbreakers died in a blaze that broke out during the scrapping of a vessel in southeastern Bangladesh, authorities said yesterday.
Piracy rife in region despite joint patrols CASTING further doubt on the efficacy of the much heralded trilateral 'coordinated' patrols, pirates operating in Indonesian waters and the Malacca straits made six separate, reported attacks over the last week alone.
Bosphorus delays grow to 15 days for oil tankers DELAYS for daylight-restricted oil tankers transiting the Turkish straits grew to 15 days for a round-trip journey on Tuesday, shipping brokers said.
Shenzhen's 10-month sea volumes jump 29% SEA container traffic through the southern Chinese port of Shenzhen rose 29 per cent in the first 10 months from the same period last year, thanks to the world's growing demand for China-made goods.
Freight rates may hit record high: shipbroker
Suez Canal traffic returns to normal
Port Shots
PORT SHOTS THREE shipbreakers died in a blaze that broke out during the scrapping of a vessel in southeastern Bangladesh, authorities said yesterday.
Cuban supplier thriving on high oil prices Cuba's sole bunker supplier to international vessels reports a good year for bunker sales despite perennial political hurdles.
Debunkering underway after Brazil off-spec alert One vessel already debunkered with a further vessel scheduled for debunkering tomorrow after quality control failure leads to off-spec fuel deliveries.
DOE less bearish than forecast Crude decline halted as US distillate stocks fall for eight consecutive week, despite higher refinery runs and rising crude inventories.
Piraeus prices hit three month low
Rotterdam softer as crude falls
Singapore inventories fall again, buyers sidelining IE data showed a fall in onshore stocks of both fuel oil and distillates in Singapore this week.
Low sulphur limits will benefit Latin American suppliers Latin American bunker suppliers are set to benefit from their easy access to low sulphur material when Marpol Annex VI comes into force next year.
Crude oil falls in anticipation of bearish DOE data Crude oil traded on the Nymex continued to fall in after hours trading today, having fallen heavily in yesterday's open outcry session on speculation of a build in US stocks.
Valero to acquire Statia Terminals in giant merger Competitors in Caribbean bunker market to join forces as part of $2.8 billion merger of US energy giants' pipeline and terminal businesses.
Private equity eyes up Mersey Docks MERSEY Docks and Harbour Co, which owns the ports of Liverpool, Sheerness and Heysham, has received a preliminary approach from a private equity house.
Maersk Broker to open US office next year MAERSK Broker, one of the world's largest shipbroking firms, is planning to expand into North America.
Suez hit by another grounding The Suez Canal has been hit by a second grounding, only hours after it reopened following an earlier casualty, writes David Osler.
Debt-laden Stolt Offshore seals vital new $350m credit line with banks TROUBLED Oslo and Nasdaq-listed oil and gas contractor Stolt Offshore yesterday sealed a vital new $350m credit line with a bank consortium led by ING, DnB NOR and NIB Capital.
Five cleared from USCG Black List FIVE countries have been removed from the US Coast Guard's 'Black List' and so vessels now arriving in US ports from Kiribati, Serbia and Montenegro, Sierra Leone, the Solomon Islands and Suriname will no longer be subject to heightened inspection criteria
EU funds disaster prevention study A CONSORTIUM of European maritime organisations, including Bureau Veritas, has launched a 36-month project that aims to reduce shipping catastrophes
NCL weighs on Star results STAR Cruises may have benefited from a stronger pricing environment, but it has paid a price for Norwegian Cruise Line's Hawaii venture
Charleston's car handling strength 150,000 BMWs should cross the quay annually at the Port of Charleston, US over the next 10 years under a new agreement signed yesterday
Arctic opening faster than expected ARCTIC shipping routes could open faster than expected, according to a major new Arctic Climate Impact Assessment study released yesterday
Himalaya clause extends to land OCEAN carrier 'Himalaya clause' protections extend to land carriers that move cargo inland under the same bill of lading, according to a US Supreme Court ruling
TSA proposes air-cargo security rules Transportation Security Administration's draft proposal covers passenger planes that carry cargo as well as freighters.
U.S. trade gap down on higher exports Deficit falls in September as exports of goods and services rose to all-time high.
Boxships raise Panama Canal volumes to record highs An increase in containerships on the Panama Canal has largely contributed to the waterway continuing to break its own records, with its popularity now beginning to raise capacity issues for management.
Hanjin expands services in expectation of more growth Hanjin Shipping will order or charter five containerships of up to 4,000TEU for the intra-Asia services, said Park Jung Wong, president and CEO of the Korean carrier today.
Owners to feast for a while longer as charter market brings home the bacon
Delhi signs Sethu Canal MoU with Suez Canal Authority
Santos congestion threatens Brazilian export boom
Lines increase Manila's links to China
PSA on course to break its own record
SembCorp results unaffected by Kuehne & Nagle sale
MAN B&W signs licence agreement with Vietnam MAN B&W has signed a licence agreement with Vietnam Shipbuilding Industry Corporation, Vinashin, for production of two-strike diesel ...
Bore vessels sold to Greece Bore Line has sold the ro-ro carriers "Bore Marie" and "Bore Nordia" to Attica Group i Greece. The 967 ...
Fjord Line and Smyril Line may merge Fjord Line in Bergen and Smyril Line in Torshavn, Faeroe Island are in talks to coordinate sailings with the view ...
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