PSA Int'l makes fresh foray into Indian port market PSA International has made another foray into India - this time for the northern port of Kandla and via its Italian terminal venture, Voltri Terminal Europa.
Kuwait invites bids for US$2b mega-port project EYEING a slice of the expected rise in container cargo movements in the region, Kuwait is the latest country to jump on the mega-container port bandwagon with the acceptance of bids for the first phase of a US$2 billion project.
Liner industry expected to steam ahead THE liner shipping industry is on a roll. Ocean carriers are currently enjoying a boom, which started towards the end of 2002, when a shift of manufacturing to China - initially from North America and then Europe - produced double-digit growth in cargo volumes and with it, a rise in what shipping lines could charge their customers.
Lubrizol corporation posts 29% net income growth for Q1 Lubricants additives supplier shows solid growth through the first quarter despite higher raw material costs and lower shipment volume.
No spill reported after detained ro-ro vessel runs aground
Rotterdam: Prompt enquiries carry large premium
PTP bunker terminal operator acquires four shipping companies Sumatec Resources consolidates its position in the bunker market at Malaysia's Port of Tanjung Pelepas with the acquisition of four coastal tanker operators in a move that may ward off potential competitors.
Fuel Cell power for ships may prove viable As the shipping industry faces increasingly stringent emission regulations around the world, new technology is being developed that offers huge environmental benefits. Speaking at the International Bunker Conference in Rotterdam, W'rtsil' proposed that fuel cells can become a viable power source for ships.
Port of Fujairah thrives on active bunkering market Fujairah's burgeoning bunker market attracts major companies to set up ship building and repair centre in the region.
Singapore: MPA confirms appointment The Maritime and Port Authority of Singapore officially announced today the new Head of Marine Services Department.
OPEC: No immediate need to raise oil output OPEC president said yesterday that oil production level was already above the official quota and there was no immediate need to pump more oil.
Oil tanker rates likely to fall again Oil tanker rates for shipping crude from the Middle East to refineries worldwide are expected to fall again for a second week.
ChevronTexaco orders LNG pair against 'planned growth' CHEVRONTEXACO has announced that it has ordered two liquefied natural gas (LNG) carriers from Samsung Heavy Industries of South Korea to support the planned growth in the company's LNG business.
ChevronTexaco in Samsung $384m double gas carrier deal CHEVRONTEXACO, the second largest US oil major, yesterday confirmed it had ordered two 154,800 cu m liquefied natural gas carriers at Samsung Heavy Industries of South Korea in a deal priced by the shipyard at $384.2m.
Libya enters big league with Shell LNG export pact LIBYA's ambition to reclaim a more prominent place at the table of liquefied natural gas exporters is set to become a reality following a deal with Shell.
Carnival Liberty is put through its paces CARNIVAL Cruise Lines' new 110,000-ton Carnival Liberty is shown here in the Adriatic Sea during ongoing sea trials.
Scandlines acts to halt scrapping BALTIC ferry company Scandlines is reported to be trying to stop its two former ferries from being scrapped in India.
Master's mistake sets off Greek piracy alert A SHIP master's gaffe was responsible for triggering a hijack alert off the Peloponnese on Monday afternoon, Greece's ministry of merchant marine has said.
Koreans lift the lid on coatings crisis Korean shipbuilders have appealed for more time to consider the economic and practical implications of measures which will specify the performance standards of protective coatings for ballast tank spaces in double-hulled ships.
California backs Baja plan PLANS to build a new container port on Mexico's Baja peninsula are being welcomed in Southern California by industry insiders who say there is plenty of cargo to go around
Nice little earner from Stelios EASYCRUISE will break even in three years and become profitable in five, and there are no plans at present for a second ship, says Stelios Haji-Ioannou
Carriers seek US relief THE strain on US inland transport services has spurred international carriers to seek government support, but it is unclear whether anyone is listening
Mandelson calls for feasibility study on EU-ASEAN trade agreement European Trade Commissioner Peter Mandelson has called for a feasibility study of an EU-Association of SouthEast Asian Nations (ASEAN) trade-agreement, stressing the EU's need to co-operate with Asia.
Revised MSC Capricorn service debuts
HMM weighs into Samudera-Evergreen service
Deadline nears for Australian Customs makeover
Cosco orders four more 10,000TEU giants
Railion brand rolls south into Italy
APMM Group increases share at Pipavav after ownership restructure
Oakland radiation detectors up and running
Dutch NVO to make Impect with 45ft multifunctional containers
Silja and Aker signs LoI for ropaxes Silja Line and Aker Finnyards have signed a Letter of Intent covering two ropax vessels. An order is worth EUR ...
Inadvertant distress signal from Norwegian vessel Norwegian cement carrier KCL "Banner" sent out a distress signal by mistake on Monday off Greece leading the Greek Coast ...
Passengers on forced cruise Twelve passengers on Smyril Line's MS 'Norr'na' were more or less forced to take an extra cruise to Shetland, the ...
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