Newbuilds may dampen shipping sector: Fasa head WHILE the near-term prospects remain positive, the shipping industry must prepare for a dampening effect as more newbuildings come on stream, warned the outgoing chairman of the Federation of Asean Shipowners' Associations .
Dubai Ports to wait to sell P&O ferries: consultant DUBAI Ports World would most likely wait for P&O's struggling ferry arm to return to profitability before selling it, a top shipping consultant said on Wednesday.
Port Klang seeks investors in India PORT Klang Free Zone has invited investors to invest in the Malaysian free trade zone 'to see your business grow and succeed in South-east Asia'.
Admiralty Casebook
A converted ship is still a ship A TANKER that was converted in Singapore 10 years ago into a floating offshore oil production unit was at the centre of a recent decision in an Australian appeals tribunal on whether it fitted the definition of a 'ship'.
Newbuilds may dampen shipping sector: Fasa head WHILE the near-term prospects remain positive, the shipping industry must prepare for a dampening effect as more newbuildings come on stream, warned the outgoing chairman of the Federation of Asean Shipowners' Associations .
Dubai Ports to wait to sell P&O ferries: consultant DUBAI Ports World would most likely wait for P&O's struggling ferry arm to return to profitability before selling it, a top shipping consultant said on Wednesday.
Port Klang seeks investors in India PORT Klang Free Zone has invited investors to invest in the Malaysian free trade zone 'to see your business grow and succeed in South-east Asia'.
Admiralty Casebook
A converted ship is still a ship A TANKER that was converted in Singapore 10 years ago into a floating offshore oil production unit was at the centre of a recent decision in an Australian appeals tribunal on whether it fitted the definition of a 'ship'.
Share spree puts Genmar back in Frontline's takeover sights John Fredriksen's Frontline is again stalking rival General Maritime with a view to creating a mega merger within the tanker industry.
Brokers to break up Axa's P&I portfolio AXA Corporate Solutions indicated yesterday that it would be leaving it to brokers to disperse its protection and indemnity portfolio on the market after announcing that it is withdrawing from this line of business after six years.
Grimaldi abandons Sea Malta talks Grimaldi Group of Naples has pulled out of long-running negotiations to buy ro-ro operator Sea Malta after it failed to reach agreement with Malta's General Workers Union.
WTO members question Jones Act trade rules exemption MARITIME powers led by Japan, Norway, the European Union, Hong Kong, Australia and Korea, yesterday questioned the continued exemption of the US Jones Act from international trade rules.
Frontline back in GenMar hunt FRONTLINE is for the second time amassing a significant stake in General Maritime Corp, which it has targeted for 'an acquisition or strategic transaction' since last year
CDC seeks quarantine tightening THE Centers for Disease Control is proposing 'critical' rule changes to protect the US from avian flu and other illnesses
Germans warned to cut bureaucracy GERMANY must slash bureaucracy and make its shipping administration more customer-friendly if it is to boost its flag, the shipowners' association said today
PM Ahern leads Irish Ferries talks TALKS to solve the Irish Ferries manning dispute have today reach the Dail, the Irish parliament, with the issue on the agenda for senior politicians' discussions
Petronet selects Exmar/IOC/Varun THE consortium of Exmar of Belgium, Indian Oil Corp and Varun Shipping will win the contract for construction of a third LNG tanker for Petronet LNG
Trans-Pacific lines boost bunker charge Fuel surcharge on ocean shipments from Asia to the United States will rise to a record $590 per 40-foot container Jan. 1
Supply-chain stakeholders stoke power struggle The stage is being set for a new series of power-struggles in the supply-chain, according to stakeholders jockeying for position in the European and worldwide arenas.
European Parliament rejects EC's anti-trust views The European Parliament threw some crumbs of comfort to liner conferences by endorsing several important recommendations of its Transport Committee on Tuesday, including reforming rather than repealing regulation 4056/86.
Indonesia's surcharge dispute simmers on
Challenger for PD Ports
No PPP for third Botany terminal
Korean dockers cancel strike plans
Kolkata Port handles first ever gearless ship
Kursiu carries forward expectations
Russian rail container traffic to grow 5% over 2005
FCT set to pass 700,00TEU mark in mid-December
Busan New Port ready for January start
Hanjin takes slots on MOL's new service
Pyeongtaek to develop port hinterland next year
Indonesian shipowners call for domestic carriers to increase market share
"Norden" orders more ships in China Dampskibsselskabet "Norden" yesterday confirmed the order for another handy-max bulk carrier from the Chinese shipyard Chengxi in Shanghai. (SSG ...
Killingholme added to the Norfolkline map Norfolkline in the A.P. Møller-Mærsk-Group will in June 2006 start sailings from its new terminal facilities in Vlaardingen ...
Solvang orders third LPG carrier Solvang with partners has ordered a third 60,000 cbm LPG carrier at Hyundai in South Korea for delivery in the ...
Montreal resupply seen from three sources Replenishments due to Montreal's currently dry bunker market from import cargoes, and soon also from local refinery.
EU sulphur surprise: Directive changes brings back higher limit EU 2005 directive, which will apply from August 2006, surprisingly allows increased sulphur content in some types of marine fuel. Official explains why.
More EMSA oil spill response tenders in the pipeline Agency wants more oil spill response vessel in the Mediterranean, currently covered by one bunker tanker.
Rotterdam barge market jumps with crude
Hong Kong: Prices jump as demand remains low Bunker prices in Hong Kong jumped today following a week of declining prices, while demand remained thin.
Oil prices gain as inventories fall Crude oil prices climbed on Wednesday after the US Department of Energy released the weekly oil inventory report.
Japan: October bunker sales up 34.8% on month Both bunker fuel sales and production rose in October.
Study reduces emissions and costs for Teekay Teekay Shipping and UK-based consultant group BMT SeaTech complete unique project that sees shipping giant reduce fuel emissions, optimise performance and save costs.
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