Tg Pelepas port expects to see record traffic MALAYSIA's Port of Tanjung Pelepas, which is competing with Singapore for South-east Asia's sea freight, expects to handle a record number of containers this year, helped by lower rates and increased trade.
KL open to ties with 3 states in piracy war MALAYSIA said yesterday that it is open to cooperation with the United States, Australia and Japan to combat piracy in the Malacca Straits, provided territorial rights are retained.
AP Moeller gets EC nod to buy P&O Nedlloyd AP Moeller-Maersk, the world's biggest container-shipping company, won European Union anti-trust approval for its 2.3 billion euro takeover of Royal P&O Nedlloyd after agreeing to sell off South African routes and to withdraw from several shipping agreements.
CP Ships breaks silence on takeover talks CP Ships ended weeks of speculation about its future on Friday afternoon by confirming that it was in discussions "regarding a possible transaction".
Brussels' decision clears the decks for Maersk buy of P&O Nedlloyd EUROPEAN Commission approval late on Friday of Royal P&O Nedlloyd's takeover by AP Møller-Maersk clears the way for the biggest acquisition in the history of container shipping, writes Janet Porter.
Italy throws down the gauntlet to Indian Ocean pirates as warship is dispatched ITALY will despatch a warship to the Indian Ocean to protect Italian merchant ships operating in the region, the country's Ministry of Defence said on Friday.
ITF mulls wisdom of Solomon Islands registry THE Solomon Islands has passed legislation to allow the country to enter the open registry market.
Nelson's seven signatures A complete set of Lord Nelson's seven signatures marking key stages in his life will be on display for the first time as part of a new exhibition created by Lloyd's to celebrate the bicentenary of Trafalgar.
EC approves Maersk-PONL merger THE European Commission's competition authorities today gave the green light to AP M'ller-Maersk's acquisition of Royal P&O Nedlloyd
CSAV buys Brazilian tugs CHILE'S Sudamericana Agencias Aereas y Maritimas has bought Brazilian tug company Metalnave for an estimated of $20M
CMB improves net profit by 16% COMPAGNIE Maritime Belge (CMB) has reported net profits for the 1H05 of euro91.5M ($111M), the majority of which comes from CMB's dry bulk subsidiary Bocimar
Semlow hijackers change tack PIRATES holding hostage the cargo ship Semlow, carrying food aid to Somalia, have dropped their ransom demands and want to berth the ship after rough weather set in.
Pemex contracts lift TMM GRUPO TMM, the Mexican tanker, port and logistics company, plans to expand its product tanker ties with oil giant Pemex and increase its supply-vessel ownership.
Exmar posts strong 1H figures EXMAR improved both its operating income and net profit for the first half of the year on the back of new LNG vessels and capital gains from share trading
Outraged truckers slam PierPASS Californian truckers have slammed the PierPASS traffic mitigation scheme as inefficient and under-funded even as its operators are hailing it as a success.
CP Ships admits it's in sale talks CP Ships has admitted that it is in negotiations to sell the company as speculation over who its suitors could be reaches fever pitch.
EU clears Maersk's PONL acquisition The EU cleared the way for the Danish shipping company AP Moeller-Maersk to acquire P&O Nedlloyd (PONL) now only the US authorities stand in the way.
Chevron results lift combined major Q2 profits above $21bn Chevron Corp. today became the fourth oil major this week to announce strong earnings on the back of rising oil prices.
Minimal effect from refinery outages on Vancouver's diesel Maintenance shutdowns of two refineries in Canada unlikely to affect distillate prices in Vancouver - with no major supply disruptions reported.
Suppliers: Texas City fire could prompt glut in bunker product A fire at BP's Texas City refinery may make more fuel oil available for players working in the Houston bunker market, Bunkerworld has learned.
Greece: New contact details for Baluco SA
Singapore: Shell preempts anti-competition laws Oil major Shell will stop sending petroleum marketing companies in Singapore its ex-refinery product posting prices in a preemptive move ahead of new anti-competition laws.
Supplier targets double sales volumes with expansion Booming sales and an inability to meet current demand levels has prompted a supplier to double its barge presence and consider expansion into new markets.
ARA trade market firmer Friday morning
Titan buys VLCC for $89 million Hong Kong's Titan Petrochemicals Group Ltd has paid $89 million in cash for a double-hulled very large crude carrier (VLCC) in its latest acquisition.
Hong Kong demand firm, prices stay competitive Competitive pricing against neighbouring ports keeps enquiry levels healthy in Hong Kong.
Singapore bunker sales show continued year-on-year growth Bunker sales in Singapore continue to show year-on-year growth, although June figures have broken no records.
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