Indonesia pressures Eukor to salvage sunken car carrier INDONESIA is mounting pressure on ship operator Eukor Car Carriers Inc to remove the wreck of the Hyundai No 105 car carrier that sank in May this year after a collision in the Singapore Strait.
Fears of shipowners' strike in Norway drive up oil prices CRUDE oil rose to a record in New York on concern production in Norway, the world's third-biggest exporter, may be halted by a shipowners' strike, reducing supply as demand from China is increasing.
Tanker rates from Middle East hit record high OIL tanker rates for shipping crude from the Middle East reached a record high for a fourth week as refiners boosted fuel imports ahead of the northern hemisphere winter amid soaring oil prices.
China Shipping's Q3 profit swells 64%
North Korea fumes as Japan and allies prepare for marine drill
Curoil: Sales improving as year closes Netherlands Antilles supplier sees positive end to challenging year.
'More of the same' as China-bound arb rates hit $9m Poten and Partners' Marine Director predicts continued high freight rates for the transportation of fuel oil as Panamax fleet adjustment to double hulls continues.
Utility fuel oil demand waning, bunkers increasing Delegates at 25th Fuel Oil Buyer's Conference in Miami told by utility companies that adaptation to natural gas and tighter sulphur regulations on fuel oil will see demand wane.
New spill in Washington waters A small spill was reported in Washington waters this weekend, but fortunately far smaller than the recent 'mystery' Tacoma incident, which is still being investigated.
New Vopak Europoort pier ready for first vessel A crucial part of the so-called Vopak Terminal Europoort Fuel Oil investment programme is complete as new finger pier awaits first vessel.
Gibraltar brisk and bullish
Testing agency warns charterers about quality requirements While bunker suppliers are able to limit their liability to the exact ISO 8217 specifications, charterers' responsibility for bunker quality goes beyond 'on spec' requirements.
Hong Kong players hopeful of improved market Suppliers in Hong Kong anticipate improved demand with prices regaining a more competitive edge. Taiwan remained closed today.
O.W. Far East expands trading team further
Firm start to the week in Rotterdam
Surveyor's trial not set to resume until mid December The trial of bunker surveyor, Vigneson Subramaniam, which began last Monday and was adjourned four days later is not expected to resume until December 17.
Former FAMM employee appointed sales manager at Kittiwake Kittiwake Developments Ltd appoints new sales manager with extensive knowledge and experience of the marine fuels and lubricants market.
Oslo steps in to end North Sea oil rig strike NORWAY'S 3m barrel per day North Sea oil sector has been hauled back from total shutdown after the Oslo government yesterday intervened for the second time this year to stop an industrial dispute bringing production to a standstill.
Shipping Australia vows to amend trade act CONTAINER line umbrella group Shipping Australia has pledged to propose its own amendments to Part X of the Trade Practices Act to convince the country's Productivity Commission that abolition of anti-trust immunity would be counterproductive, reports Lloyd's List DCN in Australia.
Design features add to bill for AP Møller-Maersk ships AP Møller-Maersk is prepared to pay a high price for quality, with optional design features adding more than 10% to the cost of a quartet of super post-panamaxes to be built in Korea.
Carnival to buyback $1bn shares CARNIVAL Corp has unveiled a plan to internalise some of its bountiful cash through a board authorisation to buy back up to $1bn of its shares and a 20% increase in its quarterly dividend.
Pedal-powered boost to the Entente Cordiale P&O Ferries gave a generous boost to cross-Channel relations at the weekend with its sponsorship of a unique Paris to London cycle race, held as part of this year's centenary celebrations of the Entente Cordiale diplomatic agreement between the two nations.
Norway to end oil strike THE Norwegian government plans to end a long-running offshore rig strike through forced meditation today, an official at the Norwegian Shipowners' Association (NSA) told Fairplay
New ore deal furthers port expansion AUSTRALIA'S Fortescue Metals has announced its third firm contract to supply iron ore to China, furthering its plan to export 45Mtpa through Port Hedland from 2007
Puerto Rico cruise impasse spreads THE ongoing impasse between Puerto Rico and the cruise industry is now affecting islands elsewhere in the Caribbean
US may export beef to Japan again BEEF exports may soon begin flowing from the US to Japan, breaking a ban in place since last December after a single BSE case was discovered in Washington State
Concor plans two more CFS JVs CONTAINER Corp of India is planning to set up two more container freight stations as joint ventures
Kingston vows to clear congestion CONGESTION in Kingston, Jamaica will be alleviated, vows Peter Ford, the new GM of APM's Kingston Container Terminal
EU to lift sanctions on U.S. exports European Union will lift sanctions on U.S. goods in January after Congress repealed $5 billion in illegal export subsidies.
Double-digit growth for Savannah Container tonnage and traffic moved by rail surged in the first three months of the Georgia port's fiscal year.
Carriers promise own Part X alternative for Australia Carriers will present their own alternative to the Australian Productivity Commission's (PC) draft recommendation to end anti-trust immunity, in an effort 'to avoid, if at all possible, increased Government regulation.'
Xiamen added to Australia-China Express
Port Klang terminals to hike rates 10%-90%
Growing Marseilles beginning to reposition empties for other European ports
CONCOR to tie up with P&O Ports and CMA CGM or MISC for new ICDs
Shock for NZ-China meat trade
Oil fuels the world and trade, says Gulftainer
APMT Rotterdam embarks on 'maximum' expansion scheme
Incheon volumes grew by 15%
Royal P&O Nedlloyd EGM to settle board and share-purchase questions
Forced arbitration likely in North Sea conflict The Norwegian government is likely to use its powers to bring the parties in the four month old North Sea ...
Drunk captain removed from bridge A Russian captain of the 19,990 DWT chemical/CPP tanker "MCT Alioth" was removed from command when it was establised ...
Container carrier and tanker in collision in Great Belt Sunday afternoon a container carrier and a tanker loaded with heavy fuel oil was in a collision near Agersø Flak ...
- 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
