Shippers hit out at unfair practices of shipping lines ASIAN shippers made another desperate call for regulatory protection against the 'monopolistic practices' of shipping lines yesterday and made a veiled threat to band together to fight for the abolishment of anti-trust immunity for liner conferences.
Secure entire cargo supply chain: minister THE port and shipping sectors will have to look at how cargo is assembled, packaged, placed in containers and transported across the world in the new security environment that is needed in the fight against terrorism, said Minister of State for Finance and Transport Lim Hwee Hua yesterday.
Malaysia Int'l Shipping may gain on tankers SHARES of Malaysia International Shipping Corp, whose tankers deliver about a tenth of US oil imports, may extend this year's 11 per cent gain as rising demand for fuel boosts the company's income from hiring out ships.
Fuel oil still dominating new Chinese licences As China moves towards market liberalisation, Beijing has granted another 15 fuel oil import licences, versus just two for crude oil and none for higher-value products.
Brisk trading in stable Gibraltar market
Oil rebounds as hurricane changes course Oil recovers from Friday's losses on renewed hurricane concerns, escalation of Iraqi violence and speculation about developments at this week's OPEC meeting.
SEAaT applauds new emissions trading platforms Pressure group for the establishment of the introduction of ship emissions trading and abatement technology says new European emissions exchange platforms are way forward.
Rotterdam softens with crude plunge, prompt supply tight
New Europoort terminal in operation by 2006 Vitol group begins construction of the new Euro Tank Terminal in Rotterdam.
Prestige: Fuel oil removal operation completed Salvors working on extracting the remaining fuel oil from the wreck of the Prestige have completed the job weeks ahead of schedule.
Singapore supplier receives accreditation certification Another supplier and trader receives its TR8:2003 certificate for the provision of bunkering services in the port of Singapore.
Global hull discounts cost $1bn MASSIVE price-cutting by super-cheap insurers is costing the global marine hull industry around $1bn, it has been revealed. Underwriters, mainly outside the traditionally dominating markets, are taking shares of hull risks at substantial discounts on business that ought to be boosting the total global premium, which is languishing at just under $4bn.
Norden plans $60m payout to shareholders DANISH bulk shipping group Norden intends to return more than $60m of its cash pile to shareholders by way of a special dividend.
MOL tanker detained in Le Havre after oil slick spotted off Brittany MITSUI OSK Lines tanker, Atlantic Hero , was last night in detention at the French port of Le Havre pending settlement of an expected €300,000 ($367,736) bail payment, for alleged pollution offences off the coast of Brittany, writes Andrew Spurrier.
Mangouras lawyers keep up the fight LAWYERS acting for Apostolos Mangouras, master of the Prestige, continue their efforts to have his bail conditions eased while he awaits trial, writes Brian Reyes in Gibraltar.
Goblins lay out red carpet for Gokal AS the London Bridge trains rumbled overhead, the Goblins gathered in a wine bar to welcome their former boss at the Gulf Group, Abbas Gokal - until recently detained at Her Majesty's Pleasure for his part in the collapse of Bank of Credit and Commerce International.
Zapatero reassures Spanish workers SPANISH prime minister Jos' Luis Rodriquez Zapatero told shipyard workers in Bilbao yesterday that he would save their jobs
Tramp ship taxation in India INDIA'S Income-tax Appellate Tribunal has ordered that tramp ships which make occasional, unscheduled commercial calls are liable to be taxed in India
15 crewmembers rescued off Greece THE Greek coast guard airlifted all 15 crew members of the small bulk carrier Ostria when vessel encountered rough weather off the Aegean island of Kassos
Oil dumping engineers plead guilty TWO engineers on the Gibraltar-flagged Kent Navigator have pleaded guilty to concealing overboard dumping of waste oil
London Club claims at 20-year low THE London P&I Club's level of claims is at a 20-year low following a 14% fall in claims for 2003-04 compared with the previous year
Cruiseship lifeboat drill accident SEVEN seafarers were injured in a serious accident during a lifeboat drill on the cruise ship Empress of the Seas in Bermuda on 7 September
Asian Shippers unite to fight for better services Asia's shippers councils have banded together to seek protection from the 'price-fixing' practices of shipping 'cartels' and the abolition of anti-trust immunity for conferences.
Waiver dispute could see feeder operators skip Bangladesh
Panama seeks to reverse HPH's terminal rent rebates
Berlin launches Maut damages claim
Chilean lines restructure fleets in cost reduction exercise
MSC Gate given Baltic hub status
Congestion a major issue, says NOL president
Auckland may face further stoppages
New capacity talk puzzles China-Australia carriers
Kongsberg employees against sale Around 700 employees in Kongsberg Maritime, the non-military division of the Kongsberg Group, are against the sale of the ...
Maersk Tankers leaves Tankers International Maersk Tankers & Trampers will leave the tanker pool Tankers International in London during the spring in 2005. Maersk Tankers & Trampers ...
Kystlink/Gotlandsbolaget proceedings starts 24. October Court proceedings between Norwegian ferry operator Kystlink and Swedish Gotlandsbolaget begin on 24 October after Kystlink sued for a "significant ...
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