New initiative to boost Gibraltar as maritime centre THIS small UK overseas territory is set to launch a new initiative to attract investments with a strong emphasis on building up its position as a maritime hub located on the busy shipping 'crossroads' at the western entrance to the Mediterranean.
RCL takes delivery of its largest vessel THAI-listed container feeder operator, Regional Container Line , has taken delivery of its largest vessel to date as it expands capacity on the growing Australian trade lane.
Frontline denies fault in VLCC purchases JOHN Fredriksen-controlled tanker company Frontline has strongly denied wrongdoing after being fined 25 billion rupiah , and ordered to pay compensation of 120 billion rupiah by the Indonesian Commission for the Supervision of Business Competition for the way it bought two VLCCs from Indonesian state oil company Pertamina last year.
LA task force backs 'historic' pollution control plan A Los Angeles task force has endorsed a comprehensive preliminary plan to curb air pollution in the port from sources including ships, trains and trucks.
Fuel oil and bunker markets bolster Vopak results Expansion of Vopak's fuel oil storage and transshipment capacity in Rotterdam and other bunker-related projects highlighted in annual report.
Shipping emission lawsuit could 'open the floodgates' A Los Angeles port official has warned that shipping lines could increasingly come in the firing line of emission lawsuits in California.
Rotterdam market holding firm toward the weekend
Glencore named in Titan storage deal Swiss-based trader Glencore reportedly in talks with Titan Petrochemicals Group Ltd. over storage facility.
Evergreen case could result in $40 million pollution fine Taiwanese container operator Evergreen Marine is expected to reach a settlement with the US Department of Justice in the next few weeks, which could result in the company paying a record fine for pollution offences in US waters.
Oresund collision inquiry to focus on VTS failure DANISH authorities are probing why a warning system installed on the Great Belt Bridge to monitor heavy shipping traffic failed to raise alarm before the multipurpose containership Karen Danielsen crashed into the 18km suspension link on Thursday evening.
Frontline and Goldman Sachs fined over VLCC sale PENALTIES totalling almost $25m are being levied against Frontline and US investment bank Goldman Sachs by Indonesia's anti-monopoly watchdog, the KPPU, in a case relating to an alleged conspiracy over the sale of two state-owned VLCC newbuildings.
Euronav in $477m VLCC deal TANKER specialist Euronav is buying four very large crude carriers from Metrostar in a deal worth $477.5m, writes Tony Gray.
Scepticism greets market reports of 44-ship Qatar LNG order Reports that South Korea's three leading shipyards have scooped orders for 44 liquefied natural gas carriers worth more than $10bn from Qatar are being treated with scepticism.
Costalas buys seven tankers for UK venture FORMER Osprey Maritime boss Peter Costalas has bought seven chemical tankers from Finaval of Italy for a new outfit based in London to take advantage of British tonnage tax, writes David Osler .
Riot at Iraq's Khor Al Zubair port forces out AP Moller-Maersk AP Møller-Maersk has withdrawn from Iraq's second-largest port after demonstrators rioted at the site, Bloomberg reports.
Samskip to double turnover with Geest North Sea swoop Icelandic shipping-to-logistics company Samskip expects to double its annual global turnover to '500m ($650m) through the acquisition of Dutch operator Geest North Sea Line.
UK opens new forecasting centre AN OCEAN weather forecasting centre was opened in Exeter, UK, today bringing together a number of different marine organisations
Messina ferry operator on strike TRADE union members at RFI Bluvia, the maritime ferry division of Italian Railways, have called a day's strike on 8 March to protest at the government's neglect of the fleet
Euronav buys four VLCCs EURONAV will buy four VLCCs, including one newbuilding, from Greek-based Metrostar for a total of $477.5M
Finaval sells majority of fleet EUROCEANICA (UK) has acquired seven of the 11 chemical carriers of Italian ship owner Finaval for an undisclosed price
Ports, carriers see cultural shift Outside pressure has raised community concerns and environmental stewardship to the same level of awareness as business needs.
'Maut' toll proves a less than 100% solution, with unknown cheat-rate Revenues from Germany's 'Maut' toll rose 2.87% month-on-month, to '215million (US$281.95million) in February, despite the shorter month, but an unknown percentage of trucks are cheating.
Cosco Pacific invests in four more container terminals in China Cosco Pacific, the container terminal operating arm of Cosco Shipping Group, revealed today that they had signed letters of intent for four container terminal investment projects in China last year.
US Senate has beef with trade proposal
Santos overflow terminal to close
Malaysia shippers face fines in security regulation crackdown
Aid package to put Fret SNCF on track
Heung-A mulls purchase acquisition of foreign firms
Lloyd Triestino joins Evergreen and Coscon joint service
New Turkey Container Shuttle to start tomorrow
India duty-cut coincides with Railway terminal modernisation plans
One seafarer missing after Great Belt bridge collision On Thursday night, the container/general cargo vessel "Karen Danielsen" collided with the Great Belt bridge. One crew member is ...
Eight states submit new ship routeing measures in the Baltic Sea All coastal states, except Russia, has submitted a proposal to enhance maritime safety in the Baltic Sea. Also Russia has ...
Healthy profit for the Swedish Maritime Administration The Swedish Maritime Administration, SMA, reports a SEK 73.7 million (EUR 8.2 million) profit after tax. Of these, SEK 24.6 ...
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