Asian shippers to take on lines UPSET at continually being rode roughshod over by the container shipping industry, shippers from across Asia say they plan to take their grievances to the World Trade Organisation .
Nippon Yusen plans to order 20 LNG ships NIPPON Yusen KK, Japan's largest shipping line, plans to order 20 new liquefied natural gas tankers by 2010 and use five or six tankers for spot contracts, a change in strategy which may bring higher returns.
Pirates seize shipload of tin PIRATES armed with guns hijacked a shipload of tin worth US$4.7 million in Indonesian waters but released crew members, trade sources said yesterday.
Oil-tanker rates seen declining
Strait Talk
Newbuilds boom draws in unfamiliar names THERE is one sure sign that shipping is doing well.
Asian shippers to take on lines UPSET at continually being rode roughshod over by the container shipping industry, shippers from across Asia say they plan to take their grievances to the World Trade Organisation .
Nippon Yusen plans to order 20 LNG ships NIPPON Yusen KK, Japan's largest shipping line, plans to order 20 new liquefied natural gas tankers by 2010 and use five or six tankers for spot contracts, a change in strategy which may bring higher returns.
Pirates seize shipload of tin PIRATES armed with guns hijacked a shipload of tin worth US$4.7 million in Indonesian waters but released crew members, trade sources said yesterday.
Oil-tanker rates seen declining
Strait Talk
Newbuilds boom draws in unfamiliar names THERE is one sure sign that shipping is doing well.
Zim chief Goder vows compensation for collision tragedy DORON Goder, president and chief executive of Israeli shipping company Zim Integrated Shipping Services, is to apologise and offer financial compensation to the relatives of seven crew who died when their fishing vessel capsized after colliding with the 3,834 teu Zim Asia.
Hoverspeed future hangs in balance DOVER-Calais fast ferry firm Hoverspeed is set to make sweeping redundancies in the UK port while French employees claim they have been told the service will be axed outright.
Industry's future at stake over lube crisis says Nguyen BP MARINE has urged the shipping industry to work closely together to find solutions to the crisis currently affecting global supply of marine lubricants.
Brussels ready to impose code of transparency on insurers BRUSSELS is moving towards drawing up a code that would ensure insurance brokers spill all the beans about their dealings with corporate clients.
SUV sales collapse HIGHER gasoline, fuel oil and natural gas pricing after the hurricanes appears to be fuelling an historically unusual movement among US consumers and policymakers: conservation. US sales of the large-model Sports Utility Vehicles (SUVs) dropped sharply in September, down 43%, according to Ward's AutoInfoBank
Hurricane Stan update At 0400 CDT (0900z) today the Mexican government changed the northern portion of the Hurricane Warning to a Tropical Storm Warning, from north of Palma Sola to Cabo Rojo
Northern neighbours forge cut-down ISPS GERMANY has struck an agreement with Denmark, and is seeking similar agreements with other neighbouring countries, on simpler bilateral ISPS procedures
Sovcomflot looks beyond Novoship SOVCOMFLOT chief executive Sergei Frank has told investors he is looking to acquire shares in other shipping companies, his spokesman has confirmed
Brokers team up in derivative trade ENERGY broket Tullet Prebon has joined forces with shipbrokers in London, Singapore and Connecticut to operate in the tanker freight derivative markets
Numast fears for Hoverspeed future UK maritime union Numast seeks answers on the future of Sea Containers' Dover-Calais subsidiary Hoverspeed
Online bidding system for EU textile quotas established China's Ministry of Commerce has used an online bidding system to select 3,385 textile companies to fill 18% of next year's EU export-quotas, to avoid another pile-up of goods.
Sepetiba makes own carnival as it welcomes two more services from Rio
Mumbai Port plans 8-20% tariff hike
Sixth container train added between Koper and Budapest
New Ukrainian transport minister named, after 'Orange' Cabinet dismissal
Russia-EU transport agreement to bridge the gap, and bridge the gauge
Guangdong ports experience ASEAN boom
JNP transporters turn access-road/highway into a warpath
Eidesvik orders gas-driven PSV Eidesvik Offshore orders a gas-driven platform supply vessel of 5,500 DWT at West Contractors for NOK 322 million for ...
Yard orders for NOK 12 bn so far this year Norwegian yards have secured orders worth NOK 12 bn (EUR 1.53 billion) so far this year, mainly thanks to the ...
Birca Cargo sells off vessel Birka Cargo on Åland sells its ro-ro vessel "Kent Loyalist" to Westwood Shipping, which is a part of the ...
Stan closes Mexican ports, prices on the move Hurricane closes Mexican Gulf bunkering and crude ports today with suppliers expecting downward movement in prices.
London: Marine diesel spill said to be limited
US bunker wholesaler performs well after IPO Share price up on first trading day after IPO which helped raise cash for payments of quarterly dividends.
Crude drops on supply relief, demand slow-down Refinery worries in the US and France continue to underpin oil prices, but possible US heating oil release, slow-down in gasoline use and no discernible crude shortage weigh on market.
Fujairah taking steps to meet MARPOL requirements Fujairah readying for MARPOL compliance with 300,000 m' of land reserved for tank storage.
Rotterdam market slips with crude
Japan holds first meeting on oil prices The Japanese government has held its first round of talks on measures to abate the burden of surging fuel prices, including bunkers, on domestic industries.
Premier Marine Fuels establishes office in Singapore Premier Marine Fuels, a UK-based bunker brokering company, has established an office in Singapore.
Sri Lanka: Bunker potential in waiting GAC's new Sri Lanka bunkering arm offers some insights into the local bunker market and how it may be affected by privatisation, India's ambitious dredging project and the Hambantota bunkering project.
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