Skaugen transfers nine vessels to Singapore RHQ OSLO-listed petrochemical gas and crude oil transportation company IM Skaugen ASA has transferred ownership of nine vessels to its newly established regional headquarters here, reaffirming the growing maritime significance of Singapore and the region.
China Merchants aims to complete port deal soon CHINA Merchants Holdings Co, a state-controlled port operator, aims to complete in March its stake purchase in Shanghai International Port Co, which may sell shares to the public.
Ports of Auckland Dec box volumes fall 12% PORTS of Auckland Ltd, New Zealand's largest port, handled 12 per cent fewer containers in December than in the same month a year earlier.
Russian trawler shipwrecked in Pacific
Strait Talk
Resisting abnormal waves THE UK-based Royal Institution of Naval Architects decided last year to hold an international conference to consider the implications of abnormal waves for the design and operation of ships in January 2005.
Skaugen transfers nine vessels to Singapore RHQ OSLO-listed petrochemical gas and crude oil transportation company IM Skaugen ASA has transferred ownership of nine vessels to its newly established regional headquarters here, reaffirming the growing maritime significance of Singapore and the region.
China Merchants aims to complete port deal soon CHINA Merchants Holdings Co, a state-controlled port operator, aims to complete in March its stake purchase in Shanghai International Port Co, which may sell shares to the public.
Ports of Auckland Dec box volumes fall 12% PORTS of Auckland Ltd, New Zealand's largest port, handled 12 per cent fewer containers in December than in the same month a year earlier.
Russian trawler shipwrecked in Pacific
Strait Talk
Resisting abnormal waves THE UK-based Royal Institution of Naval Architects decided last year to hold an international conference to consider the implications of abnormal waves for the design and operation of ships in January 2005.
Auspicious start for Shanghai fuel oil futures Strong 2004 trade figures for Shanghai fuel oil futures deemed good omen for recently launched product.
New Marine Fuels Manager at Engen
ARA fuel oil glut could ease on Asian arbitrage opportunity Arbitrage opportunity leads to fixture of eastbound VLCC out of Rotterdam as Singapore fuel oil shortage boosts Asian values.
Hong Kong braces for Chinese New Year congestion Resupply set to arrive on the cusp of Chinese New Year celebrations, as good demand continues to drain limited avails.
New Marpol proposal targets off-shore bunkering Proposal submitted to IMO to add a new chapter to Marpol, regulating ship-to-ship transfers of oil - including bunkering operations, on the high seas.
ARA market firm at midday
Suspension of OPEC price band paves way for higher target Analysts see suspension of the obsolete price target as a sure sign that OPEC is prepared to defend higher oil prices.
Brussels adds class to safety rules agenda BRUSSELS is set to propose new regulations for classification societies as part of a surprise addition to the forthcoming package of European Union maritime safety legislation.
Lazard to deal with enquiries about sale of Inchcape LAZARD has been appointed to handle enquiries about Inchcape Shipping Services amid mounting speculation that the company may soon be sold.
GAC acquires US shipping agency partner RUR GAC, the shipping, logistics and marine services provider, has acquired Rice, Unruh, Reynolds Co, the US east and gulf coast shipping agency, writes Janet Porter.
Commissions pledge to brokers BRITAIN'S financial watchdog has decided not to force insurance brokers to disclose commission arrangements.
Georgia may market itself as FoC as Marine Capital says deal is not done GEORGIA could soon be marketing itself as a flag of convenience, under proposals put forward by the British-controlled offshore company likely to take control of the state tanker fleet shortly, writes David Osler.
RCCL plots European growth ROYAL Caribbean Cruises Ltd (RCCL) is seeking new growth opportunities in Europe, and appears prepared to continue ordering ships despite currency issues
GAC acquires US agency partner GAC Group has acquired US agency partner RUR as part of its strategy of global expansion through pursuit of mutual business interests
Arpeni plans to list in Jakarta INDONESIAN shipping company PT Arpeni Pratama Ocean Line plans to sell 30 per cent of its shares in an initial public offering to fund its expansion
US student cruise back safely THE storm damaged cruise vessel Explorer docked safely in Hawaii last night with its 700 US students
Blast hits Spanish ferry AN explosion in the engine room of the Spanish ferry Volcan de Tacande is believed to have caused an engine failure
Odfjell ahead on chemical demand ODFJELL, the world's largest chemical carrier group, has posted a net profit of $86M for 2004, well ahead of the $22M recorded for 2003
Customs restarts truck e-filing test After program was halted by technical issues, testing resumes on electronic manifest system for motor carriers.
Record boxes for Eurogate The European container terminal operator said it handled a record 11.53 million TEUs in 2004, led by strong results at Hamburg and Bremerhaven.
SIPG mulls flotation to fund future expansion China Merchants Holdings (International) (CMHI) said it has been informed by Shanghai International Port Group (SIPG) that it has been exploring the feasibility of a listing on a stock exchange.
Strikes set to deepen Chittagong congestion crisis Container congestion in Bangladesh's Chiattgong port reached an all-time high yesterday following a 60-hour countrywide strike enforced by the main opposition Awami League Party.
Joint service makes direct link between Thailand and Chennai
Patrick seeks Brisbane assurances
Bridge of sighs at Novi Sad will open on time, says Danube Commission
Lines lift Mumbai congestion fees for February
Volume increases support claims for Seine/Scheldt link
New tonnage to Icelandic Scandinavia service Icelandic liner operator Samskip H/F has taken delivery of the first of two new container ships for the service ...
Odfjell increased earnings in 2004 Odfjells gross revenues reached USD 1.0 billion last year and consolidated net results after tax ended up at USD 86.0 ...
Profit on bulker sale Danish owners continue to benefit from the hot market for bulk carriers. Today Dampskibsselskabet "Norden" announced that they have sold ...
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