Marine stocks continue to ride the tide WHILE tech, property and retail sectors have been riding a roller-coaster year amid rising oil prices and fluctuating demand, companies in the marine sector have been surfing a tide of high demand and rising orderbooks.
Grounded vessel to refloat Monday, bunkers removed
Price tag set for main Yukos production unit Reports indicate that Yukos' most prized asset could be stripped of its production licences next week.
Baltic quiet amid tightening avails Activity slows down as the weekend approaches.
China's bunker market hindered by congestion Pace of economic growth has surpassed ports' handling capacities, leaving vessels waiting to berth for up to a month and bunker suppliers frozen out, SIBCON delegates told.
Muted reaction to SPR oil loan
Titan Oil announce changes in Singapore office
SIBCON: Testing expert promotes bunker fuel as a commodity Dr. Vis says that by quantifying the quality of bunkers, bunker fuel can be promoted as a commodity.
SIBCON: MPA reviewing port charges for bunker calls MPA looking to continue subsidised port charges for bunker calls in Singapore amid record year.
HSFO cargo delay adds to Singapore supply squeeze News of cargo delay comes as stocks of residual fuels fall to 12 month low.
Truce as Izar freezes yard sell-off plans THERE were signs of a temporary truce in the Spanish shipyard crisis last week as Sepi, state shareholder of Izar, agreed to freeze plans for radical restructuring of the shipbuilding group pending negotiation with unions.
Radical survival plan for P&O Ferries P&O Ferries is set to become the first leading European ferry operator to outsource operational activities to third party shipmanagement, in a move that could cost many hundreds of staff jobs both at sea and on shore.
Shipowners endorse UK tonnage tax system BRITAIN'S tonnage tax system has been given the thumbs-up by shipowners at a time when the scheme is under attack from unions.
Sentences reduced for Sri Lanka sinking A FRENCH appeal court has reduced the sentences pronounced against the owners, manager and classification society of the ill-fated cargoship Number One, which sank with its master and 10 other members of its 18-man crew off the coast of Sri Lanka in June, 1999.
Hurricane Jeanne approaches Florida ALREADY battered by three hurricanes in the past five weeks, Florida and its ports are preparing once again for heavy winds and rain as Hurricane Jeanne approaches with an expected landfall on Sunday
Coega development threatened NEW threats to the viability of the fledgling port of Coega, which is currently under construction on the east coast of South Africa, appeared yesterday
Nigerian ports lined up for $1.2Bn FOREIGN and local Nigerian investors are lined up to invest over N160Bn ($1.2Bn) into new facilities at the country's coastal and river ports, according to local reports
Cruise expansion at New Orleans CRUISE ships will soon have expanded terminal facilities after the New Orleans state bond commission voted yesterday to fund a new $3.3M facility
Strike halts Vancouver grain GRAIN shipments out of Vancouver are being blocked today by striking workers of the Public Service Alliance of Canada (PSAC)
Action over Scottish ferry sale THE Argyll Group is preparing to take legal action against Caledonian MacBrayne because of an alleged failure to sell them a ferry
Fla. ports to close as Jeanne moves in Ports along Florida's eastern seaboard are bracing for possible fourth hurricane in a row as storm crawls toward an expected landfall early Sunday.
Alan Lee: HK needs 'real growth' before CT10 is approved The chairman of Hong Kong Container Terminal Operators Association (HKCTOA) Alan Lee said the need to construct Container Terminal 10 will depend on 'real growth' of cargo in Hong Kong.
Evergreen Marine aims for 30% net profit by 2007 Taiwan's Evergreen Marine group chairman Chang Yung-fa has set a target of a 30% net profit margin for 2007 for Evergreen Marine Corp, up from the 10% achieved in 2003.
Reorganised Southampton faces peak-season by coalition-building
Saturated all-water services induce prolonged PSS
Maritime Transportation Security Act passes Senate, but expected to fade
Chinese terminals achieve record monthly volumes
Toll expands stevedoring in Australia and New Zealand
August lull follows Auckland's bumper July
Ports remain open over Korea's five-day Chuseok holiday
Fincantieri secures largest cruise order ever Italy's Fincantieri has secured an order believed to be the largest non-military ever. The American cruise group Carnival has ...
Norway's fleet reduced by nearly 14 per cent Deteriorating operating condition and general political uncertainty has reduced the Norwegian owned fleet by 13,8 per cent and Norway now ...
Cargo is being removed from the "Global Freighter" The discharging of cargo continued today on the ro-ro vessel "Global Freighter", which went aground in the 'boland archipelago ...
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