Latin America needs logistics investments LATIN America offers new opportunities for shipping and logistics businesses from Singapore and Asia as growing exports and increasing consumption drive the area's economic recovery.
Tanker held on spill charges freed on bond A Mitsui OSK Lines-controlled oil tanker, detained at the weekend after French coast guard officials said it had left an 11-km long oil slick off the Brittany coast, has been allowed to resume its journey after paying a 300,000-euro bond, the firm said on Tuesday.
Taiwan-China trade boom calls for direct shipping YOU'D be forgiven for not noticing the simmering tension between Taiwan and China, at odds for over half-a-century and still without direct transport links.
Aussies tighten travel security
Marine insurance
Port Shots
PORT SHOTS ROTTERDAM, the world's largest cargo port, will face disruptions on Monday as the Netherlands's largest workers union stages a 24-hour strike against government plans to cut spending on pensions and social security.
Latin America needs logistics investments LATIN America offers new opportunities for shipping and logistics businesses from Singapore and Asia as growing exports and increasing consumption drive the area's economic recovery.
Tanker held on spill charges freed on bond A Mitsui OSK Lines-controlled oil tanker, detained at the weekend after French coast guard officials said it had left an 11-km long oil slick off the Brittany coast, has been allowed to resume its journey after paying a 300,000-euro bond, the firm said on Tuesday.
Taiwan-China trade boom calls for direct shipping YOU'D be forgiven for not noticing the simmering tension between Taiwan and China, at odds for over half-a-century and still without direct transport links.
Aussies tighten travel security
Marine insurance
Port Shots
PORT SHOTS ROTTERDAM, the world's largest cargo port, will face disruptions on Monday as the Netherlands's largest workers union stages a 24-hour strike against government plans to cut spending on pensions and social security.
US stock figures cause concern, market shrugs off OPEC gesture Loss of oil production and major refinery disruptions from Ivan could exacerbate tightening US oil inventories.
Vopak warns of disruptions to barge loadings Industrial action expected to halt loading of bunker barges at Rotterdam's main fuel oil terminal next Monday.
Barge service added at Crete bunkering station Bunker barge service added in response to demand, enabling bunkering of vessels that cannot use ex-pipe facility due to draft limitation.
DOE: US crude imports, stocks, sharply lower
Service slowly returning to normal in Jamaica After a direct hit of the fierce Hurricane Ivan Petrojam's bunker barge is still out of service, but the company's refinery is about to resume regular production.
Slow sales, mixed supply, characterise South Korean market Prompt supply difficult in some quarters, while buyers are advised to act early for end-of-month supply.
New Orleans: Barges move up-river as Ivan approaches Having left a trail of devastation in the Caribbean, Hurricane Ivan is now approaching the US Gulf coast, prompting the bunker industry to take preemptive action.
Singapore: QMBS submission doubles in one month Sources at the Maritime and Port Authority (MPA) of Singapore have revealed latest figures on QMBS certification submission to Bunkerworld.
Fredriksen lines up box trades spree JOHN Fredriksen is poised to redeploy a large chunk of his fortune in the liner trades following the sale of more than 12% of his Frontline tanker vehicle for $345m.
Temasek offer for NOL unconditional TEMASEK Holdings has acquired majority control of Neptune Orient Lines, making unconditional its US$1.6bn takeover offer, which it has extended for another 14 days.
Dutch vessels fall foul of US Coast Guard security clampdown All Dutch registered ships will be boarded by the US Coast Guard when calling in US ports, after falling foul of a targeting system for International Ship and Port Facility Security Code compliance.
Limburg attackers 'had inside knowledge' TERRORISTS must have gained inside shipping knowledge for their speedboat attack on the very large crude carrier Limburg off Yemen in October 2002, a shipmanager who dealt with the aftermath has suggested.
RCCL switches six ships to Bahamas flag Royal Caribbean Cruises is to transfer six ships from the Norwegian register to the Bahamas by early 2005.
Worst case: Mississippi closure WITH the projected track for Hurricane Ivan drifting westward, a worst-case scenario now involves a direct hit on the Mississippi River tonight
Stelios: Stelmar board has sale conflict WITH Stelmar Shipping rumoured to be seeking a new suitor, founder Stelios Haji-Ioannou warns that Stelmar's board faces "a fundamental conflict of interest"
OPEC offsets Ivan CRUDE oil futures contracts for August fell in pre-floor trading in New York today as OPEC balanced concerns over Hurricane Ivan by announcing an output increase
Santos dredging back on agenda THE port authority for Brazil's main export outlet, Santos, is set to re-open the tender for dredging its ship channel from the current 12.8m average to 13-14m
Auction ordered for unlucky Shamrock A US District Court judge has ordered the French-flagged ro-ro vessel Shamrock to be auctioned in November if its owners do not settle their financial problems
Novorossiysk hits capacity NOVOROSSIYSK, Russia's traditionally dominant oil outlet on the Black Sea, is facing long-term problems, as its oil export terminal has hit maximum capacity at 54M tpa
Hurricane Ivan lashes Gulf coast Mobile in crosshairs as ports from Louisiana to Florida shut down ahead of a predicted landfall by the Category 4 storm early Thursday morning.
Temasek wins control of Neptune Orient Lines
Shippers OK repeal of Europe anti-trust for liners
Unleashed! Charter rates set to storm to unprecedented levels Brokers believe that the lack of available tonnage and the expected growth in demand will see charter rates swell by another 15-20% by the end of the second quarter 2005.
Temasek's NOL offer becomes unconditional Temasek Holdings' offer for Neptune Orient Lines (NOL) of S$2.80 (US$1.63)/share has gone unconditional, indicating that the Singapore Government investment arm has secured at least 50% of NOL shares.
Ten-year lead time for Hamburg's new capacity
USCG: Poor foreign port security will trigger tough ship inspections
Users berate greedy NZ ports
Busan joins forces with foreign carriers to lift efficiency
Melbourne sees record growth
Provisional maritime pact signed between Korea and Iran
Color Line competition dangerous for Fjord Line Color Line is committed to serve Western Norway and will be a serious challenge to the established operator Fjord Line ...
Fredriksen sells Frontline shares for billions John Fredriksen, through Hemen Holding, has sold Frontline shares worth a total of NOK 2.36 billion, to reduce his total ...
Norway gets new definition of an accident at sea After strong criticism, Norway is finally taking steps to tighten its maritime accident investigation system. The country will have a ...
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