Shipping lines offer to move vital relief supplies for free TUGS and barges may be the key to getting relief into remote coastal areas of Indonesia's Aceh province as a 'spontaneous' outpouring of aid offers from shipping companies have followed in the wake of the tsunamis.
Shipowners scrap fewer ships last year THE amount of steel recovered from ships sold for scrap fell 45 per cent last year as record freight rates persuaded owners to keep ships sailing longer.
Oil tanker rates may rise further in 2005: shipbroker OIL tanker rates for shipments from the Middle East, after reaching a record last year, may rise further on average in 2005 as demand increases, shipbroker Poten & Partners said.
ThyssenKrupp to cut 800 jobs in Germany
Strait Talk
Sailing in the shadows WHEN I wrote last week's column, on the day after the tsunami struck, it was already clear that there had been a major disaster, but one which had not greatly affected the shipping industry directly.
Shipping lines offer to move vital relief supplies for free TUGS and barges may be the key to getting relief into remote coastal areas of Indonesia's Aceh province as a 'spontaneous' outpouring of aid offers from shipping companies have followed in the wake of the tsunamis.
Shipowners scrap fewer ships last year THE amount of steel recovered from ships sold for scrap fell 45 per cent last year as record freight rates persuaded owners to keep ships sailing longer.
Oil tanker rates may rise further in 2005: shipbroker OIL tanker rates for shipments from the Middle East, after reaching a record last year, may rise further on average in 2005 as demand increases, shipbroker Poten & Partners said.
ThyssenKrupp to cut 800 jobs in Germany
Strait Talk
Sailing in the shadows WHEN I wrote last week's column, on the day after the tsunami struck, it was already clear that there had been a major disaster, but one which had not greatly affected the shipping industry directly.
Oil prices rise on renewed Iraqi violence and Saudi vow After bunker price falls in Asia and Europe, prices in US' ports firm as news of crude's turnaround filters through market.
One quarter of Singapore 380cst January volume 'off-spec' Sources confirm that around 300,000 mt of 'off-spec' fuel oil imported from the Red Sea for use in the bunker market has already been unloaded in the Republic, with more on its way.
O.W. expands Baltic service with Polish operations O.W. Bunker says it can now offer all grades of intermediate fuel oil and distillates in Polish ports.
Exxon exits Portuguese market in Galpenergia takeover Galpenergia signs contract to take over marine supply stations from Esso Portuguesa SA.
Brent crude plunges early in post-holiday catch-up Brent crude sheds over $1.50 in early trade as the contract plays catch-up to losses made on the Nymex yesterday, US light crude continues to fall.
Carnival in €475m New Year splash with Fincantieri CRUISE giant Carnival started the new year in style placing a €475m ($627m) order for a 112,000 gt cruiseship for Costa Crociere with Fincantieri.
Louis completes $100m Sun Cruises acquisition LOUIS Cruise Lines has confirmed that it will have invested about $100m in taking over the bulk of the former Airtours' Sun Cruises fleet, writes Nigel Lowry in Athens.
UN fears pirates may raid Aceh relief boats THE United Nations is concerned that boats involved in the relief effort for the survivors of the Asian tsunami in Aceh could be hit by pirates.
South Korean yards target fewer orders SOUTH Korea's shipbuilders are targeting a lower level of orders than last year and face a difficult time financially in 2005 as a result of the high steel price.
Intertanko recruits safety guru Angelo IN A coup for the independent tanker owners' organisation Intertanko, the US Coast Guard's former director of standards for marine safety Joe Angelo is to join the lobby group next week, writes Michael Grey.
Moroccan operator to be floated MOROCCAN shipping company IMTC will be floated in April or May, its president, Mohamed Karia, said last week
Management changes at K Line K LINE is making changes to its senior management team as from 1 April 2005
NYK, Hapag-Lloyd go north-south NYK Line will start a new service from the east coast of South America to the US east coast from the third week in January
JSA opposes Australian proposal THE Japanese Shipowners' Association has submitted a strong request to the Australian government not to apply competition laws to shipping conferences
Maritime community ready to help Tsunami victims Westport in Malaysia is working with carriers and hauliers to send aid to the countries affected by the Asian tsunami catastrophe.
Insufficient security funding sees US ports weigh up fees
Tsunami may bring new opportunities
Coscon upgrades transpacific service with post-panamaxes
New Casablanca connection for CMA CGM
CSCL increases shareholding in Chinese feeder line
All-time high investments for Nordic owners The Nordic maritime industry may look back on 2004 as the most active year for a decade. Its shipping companies ...
"Fantaasia" on Med charter Tallink has chartered out its ferry "Fantaasia" to Algerian Ferries for nine months. Tallink's spokesman Marek M'gi says to SSG ...
Navigators strike called off Dansk Navigatør Forening (DANA) has voted for a cancellation of the strike against Danmarks Rederiforening (DARE). A narrow majority of ...
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