TSA to seek rate hike at upcoming talks TRANSPACIFIC box carriers congratulated themselves, their vendors and customers for their 'cooperation and creativity' in avoiding a repeat of last year's peak season congestion, but warned that cost recovery was 'the top priority' for 2006-07.
French ports blocked as union fights ferry privatisation THE French ports of Marseille and Bastia remained blocked by angry union members yesterday, amid a sometimes-violent privatisation dispute which has disrupted sea trade and left thousands of tourists stranded on Corsica island.
Busan port to open 3 new berths in Jan SOUTH Korea's main port of Busan will open three new berths in January, part of a US$9 billion plan to double its container handling capacity by 2011, the head of the port authority said.
Brussels backs shippers and calls for ban on surcharge 'price fixing' SHIPPERS have won a powerful ally in their long battle against additional charges imposed by container lines on top of basic freight rates.
Skuld backs Asian rival to London for dispute arbitration SKULD P&I has lashed out at the excessive legal costs of London arbitration as it backs Singapore's maritime arbitration chamber for its Asian members.
Lloyds TSB still bullish despite loss of Stowell British bank Lloyds TSB remains committed to expanding its ship finance business despite parting ways with head of shipping Peter Stowell just a few months after he was appointed to spearhead growth.
Shipping's run on Wall St may be nearing its end HIGH noon is nigh for the shipping IPO market, with five deals that aim to raise a collective $1bn scheduled to price during the two weeks.
EU 'prevents shippers cutting cost' EU competition laws forbidding deep sea lines discussing shipping solutions with other carriers can prevent shippers reducing their transport costs, a shipping panel at the Zelus UK Port Congestion Solutions conference in London agreed yesterday
EU's Barrot discusses SNCM crisis EUROPEAN transport commissioner Jacques Barrot meets the French transport minister today to discuss SNCM, while Corsican ports and airports are blockaded
UK lacks box port urgency THE UK government should provide a stronger lead in co-ordinating the requirements for additional deep sea container port capacity, conference delegates voted yesterday
Pemex anticipates cancellations PEMEX is expecting 10M barrels (about 1.5M tonnes) of crude shipments intended for the US to be cancelled
Crew wage issue kicks up controversy A veiled suggestion by Singapore union leader Thomas Tay of an Asian wage pact stirred up controversy at an maritime manpower conference today
US cracks Colombian drug ring US anti-narcotics police this week arrested 22 associates of a Colombia-based group that has been smuggling its wares through American ports
Hanjin mega-ship enters trans-Pacific The 8,500-TEU Hanjin Baltimore deploys on the line's PSX service, the latest mega-ship to set sail on the busiest U.S. trade lane.
Toronto truckers strike fuel compensation deal Container movements by truck through Toronto's intermodal terminals were returning to normal today after trucking companies and owner-operators reached an agreement on higher compensation for soaring fuel costs.
Richards Bay box terminal could ease Durban delays South Africa's Richards Bay port, used mainly for coal, drybulk and breakbulk cargo, could become an alternative container facility to the congested Durban harbour if current proposals are adopted.
Korean shippers back dock labour reform
Striking Cochin dockers return to work
Evergreen plays catch up on its Russian competitors
Latvia gets EIB funds for infrastructure development
Transit times benefit from more Mozart Express III's
Pistiolis comes out shooting Top Tankers chief calls Tobias Konig's attack on Greek IPOs for inflating ship prices 'joke of the decade.'
Marinakis v Konig Was Tobias Konig talking twaddle? Was Evangelos Marinakis right to be incensed? Who's right and who's wrong in the ice class spat between the shipping industry's own sluggers?
Ice class row hots up Evangelos Marinakis fires broadside at Tobias Konig and says he wanted to buy his products carriers.
Salvage moves forward Grounded containership set for repair after sustaining hogging damage.
Carnival picks US over Europe Group re-allocates last in four-ship order to Carnival Cruise after North America outperforms other brands.
Bollore doubles up Vincent Bollore's French group saw big jump in profit in last interim results before selling Delmas and Otal lines.
China deal for Golden Ocean Frontline dry cargo spin off spends $118m on Waigaoqiao newbuildings.
IPBCC hikes eastbound rates High charter rates force boxship conference to go for rate restoration from Med.
EC boots out liner plan Competition regulators say no to data-exchange proposal as alternative to price fixing.
Bharati to build six Indian shipyard signs deal for six multipurpose vessels with Dutch owner.
Engine claims rev up Swedish Club study highlights that medium speed claims are four times higher than for low speed models
Corsica Ferries scraps sailings French ferry owner stays put following violent protests over privatisation of rival SNCM.
Two detentions in Canada Fair Ship bulker and troublesome Turkish cargoship detained during August.
Hurricanes hurt ISH US-flagged shipowner to take $1.8m hit from delays and damaged caused by Katrina and Rita.
Keppel seals a six-pack Newbuilding contracts from foreign and domestic buyers buoy orderbook at Singapore shipbuilder.
"Regina Baltica" docked at Naantali Tallink's car and passenger ferry "Regina Baltica", which ran aground off Kapellskär late last Tuesday, will today be docked at ...
Smyril Line to take control in Fjord Line Bergen-based passenger ferry operator Fjord Line has negotiated a total refinancing deal worth NOK 155 million of which NOK ...
New design for 13,000 TEU container carrier Germanischer Lloyd (GL) and Hyundai Heavy Industries (HHI) have presented a new design for a container carrier capable of carrying ...
ExxonMobil enters Houston market Company offering fuel oil barging on temporary basis; longer-term presence in the market predicted.
SEACARD to revolutionise bunker purchasing US Defense Department launching new card payment system for bunker purchases with online transaction monitoring and processing.
Singapore hits new bunker sales record Fresh monthly sales record looks set to be followed by record-breaking annual volumes yet again.
London: Recent broker moves
New refinery part of Petrobras and PDVSA ventures A new refinery capable of processing heavy crudes expected to contribute significant amounts of bunker fuel.
Salvor warns authorities of need to plan ahead Potentially disastrous incident avoided after grounding near Antwerp, but salvage firm warns that authorities need to think carefully salvage capacity.
Full speed ahead for 2nd BUNKEREXPERIENCE Second run of the three-day course attracts bookings beyond capacity.
Rotterdam holds firm Friday morning
Hong Kong: Bunker demand levels mixed ahead of China holidays Hong Kong bunker players offer mixed forecasts for demand during China's public holiday period next week, however supply remains tight near-term.
High bunker prices hurting dredging operators Even dredging contractors are beginning to hurt from steep rise in bunker prices, but the sector still looks healthy.
Philippines bunker market pins hopes on port development Suppliers in the Philippines are struggling to be competitive on price, but pegs hope on growth and high safety standards for Subic Bay port development.
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