Panama considering canal toll fee increase PANAMA is considering increasing tolls for ships passing through the Panama Canal, to allow for a future expansion of the waterway, according to the state's Economy Minister Ricaurte Vasquez.
Controversial ship runs aground off S. Africa THE vessel at the centre of an international controversy last year very nearly made headlines again this week after initial reports said it was carrying a cargo of nuclear material following its grounding off the coast of South Africa.
Persian Gulf oil tanker rates hit record THE cost of shipping crude oil from the Persian Gulf to Asia rose to a record as oil companies and traders competed for ships to load cargoes in late November.
Wider testing parameters 'too expensive' say experts Testing experts agree that widening testing remit would reduce risk of contaminants entering ship fuel tanks, but say cost is prohibitive
Sharp oil rebound as US stocks fail to grow Crude futures recoup earlier losses on bullish US oil inventory data.
DOE/API: Key product stocks fall
Owners, suppliers warned of class action against 'polluters' US climate of class action litigation poses very real threat to suppliers and shipowners active in the country's polluted port regions, warns leading US maritime lawyer.
Sunny outlook in Piraeus
Suez avails improving after dry spell Several players report that avails are returning to normal, while others doubt any real improvement in supply for several weeks ahead.
New Saudi prices show mixed movement
Castrol chief defends imminent lube oil price hike Managing director of Castrol Marine defends projected price hike by highlighting the "real value" of technology and support brought to the industry amid rising costs.
Rotterdam stable late morning
Lungshan general manager admits longstanding malpractices Lungshan general manager admits longstanding practice of remunerating bunker clerks involved in short-supply and bribery at corruption trial.
A dozen samples taken in mystery oil spill investigation Samples were taken from several vessels, including bunker barges that supplied vessels in Tacoma last week in a bid to find the culprits behind the Puget Sound oil spill.
Swire Pacific shows its hand in icebreaker trio deal HONG Kong's Swire Pacific yesterday came forward as the mystery owner behind an NKr1.5bn deal with Norwegian shipbuilder Aker Yards, which was announced amid secrecy last week, and revealed the order is for three icebreakers destined to serve the Sakhalin project off Russia, writes Jerry Frank.
Shipping boom at risk from cash-happy investors, warns Lunde TOO many investors are choosing the wrong moment to join the shipping bandwagon, one of the most experienced voices in the industry has warned.
Brussels forces Izar to pay back €556m in aid SPAIN'S state-controlled shipbuilding group, Izar, must repay a further €556m in illegal aid, Brussels announced yesterday, adding to the group's heavy debt burden and forcing an end the current ownership structure.
Kvaerner must give back €13.3m THE European Commission has ordered Kvaerner to repay €13.3m ($15.8m), received during the 1990s as subsidies for the then Kvaerner Warnow shipyard in eastern German Warnem'nde.
Zim fleet plans run into flak NEWLY-privatised and renamed Zim Integrated Shipping services has run into problems with reguators over its fleet expansion plans, writes Janet Porter.
Bimco wording drift hits offshore cover A DRIFT away from the Bimco conditions in the offshore energy sector is adding to insurance costs and encouraging disputes, a leading insurance provider has warned.
Australia set for Customs strike Australia faces a 24-hour Customs stoppage from midnight tomorrow (Thursday), as union members take industrial action over a new workplace agreement.
Safety and security trump commercial compensation in AIS channel dispute
Short-fixes to tide owners over till expected strong spring
Train makes a gain in Rotterdam maritime statistics
CMA CGM joins intra-Asia trade in service partnership
MSC to add weekly TransPac service to South America
Commission demands repayment of shipyard support The EU Commission has decided that Spain must recover EUR 556 million that the state-owned shipyard group IZAR has ...
B&N orders ro-ro trio B&N Nordsjöfrakt in Skärhamn, Sweden and Aker Finnyards in Rauma, Finland has signed a letter of intent for three ...
Danish submarines to Bulgaria and Sweden Danish Defence minister Søren Gade has asked for money and political support to give away one of the Danish Navy's ...
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