Rumsfeld urges Thailand to help fight piracy US Defence Secretary Donald Rumsfeld urged Thailand to support the establishment of a centre in Malaysia to combat rampant piracy in the Malacca Strait, a vital shipping lane, Thai officials said yesterday.
SSA seeks bolder steps to end piracy RE-elected as president of the Singapore Shipping Association , Teo Siong Seng told his membership to be 'alert' to the dynamics of world sea-borne trade and urged Asean governments to develop stronger political will to solve the region's piracy problem.
Johor Port pre-tax surges 6% to RM125m on 12% revenue rise THE buoyant global shipping industry has also benefited Malaysia's Johor Port Berhad which reported increased cargo volumes across nearly all sectors leading to a 6 per cent rise in 2004 pre-tax profit over the year before.
ICTSI bids for Aden and Bahrain box terminals INTERNATIONAL Container Terminals is bidding for port projects in Aden and Bahrain and has eyes on China as it rebuilds its international portfolio.
OSG 10-tanker order raises market strength questions OVERSEAS Shipholding Group and Kvaerner Philadelphia have signed the formal document that would allow the shipyard's parent to start soliciting investors for a $1bn project that envisages the construction of at least 10 Jones Act product tankers.
Aker plans share placement AKER American Shipping, the new entity established to own the Kvaerner Philadelphia Shipyard and the ships built by it, plans to raise $100m in a private placement of shares in Oslo, it was announced yesterday, writes Rajesh Joshi in New York.
Piracy 'could be terrorist prelude' Pirate attacks in the Malacca Strait show up the vulnerability of the shipping industry to terrorism all too clearly, warns Singapore Prime Minister Lee Hsien Loong, writes Marcus Hand.
Listing for KPSI newbuilds AKER American Shipping will seek $100M through a private placement and may list on the Oslo Stock Exchange, possibly by the third quarter
China closer to world domination CONSTRUCTION of what will become the world's largest shipyard began on Friday in China as part of its bid to be the biggest shipbuilding nation in the world
Radiation scanners for LA-LB ALL international container traffic and vehicles imported into Los Angeles/Long Beach port complex will be screened for nuclear and radioactive materials by the end of the year
Cosco bashes UK ports A SENIOR figure at Cosco Maritime last week criticised UK ports' performance compared to Hong Kong
PierPass ditches phase-in plans with full service in July PierPass has accelerated plans for phasing in the OffPeak scheme at the ports of Los Angeles and Long Beach, with a target launch of July 23.
Teamsters prise open US port trucking industry The International Brotherhood of Teamsters' drive to unionise the beleaguered port trucking industry has leapt forward, as the union's first new contract in 24 years began May 31.
IMO targets bunker barges for ISPS compliance Maritime body may look to expand its security code to cover bunkering barges operating in ports as security threat from smaller vessels come under scrutiny.
Bureau Veritas Group profits up Classification society reports 17% increase in earnings before interest, taxes and amortisation for 2004.
Crude markets slide after reaching 16-week high Crude oil markets declined today after reaching a sixteen week high, analysts remain split over the longevity of such price direction.
Asia fuel oil gains pared by supply concerns Asian fuel oil prices rose today on the back of Friday's crude gains, but commentators noted that gains were pared by concerns of rising supplies for June and July.
Bunker trader expands to Latin America Piraeus-based Brilliant Maritime Services Ltd. (BMS) has opened a new office in Buenos Aires, Argentina, the company's first expansion into a new region and time-zone.
Trader returns to Dan-Bunkering
ARA to get its own bunker conference The end of an 11-year partnership between the Port of Rotterdam and the Norwegian Shipping Academy (NSA) in organising the annual International Bunker Conference (IBC) has given rise to a new bunker conference designed for the ARA region.
Petrojam refinery upgrade to ensure long term survival The first phase of the refinery-upgrading project will see a conversion of heavy fuel oil into higher valued products such as vacuum gas oil for sale on the export market.
Greece: Commercial Manager leaves Baluco
New DNVPS R&D unit marks 'beyond routine' approach A new research and development (R&D) unit in Fujairah and consolidation in the US and Europe mark a drive by DNV Petroleum Services to move beyond routine marine fuel testing services through a global network of sophisticated research units.
Rotterdam firm Monday morning
Dubai plans for maritime arbitration centre Dubai plans to set up a maritime arbitration centre to resolve maritime disputes in a faster and more economical way.
Petronas likely tenant for bunker storage facility The principal tenant for the bunker and fuel oil terminal facility at the Port of Tanjung Pelepas is likely to be Malaysia's state oil company Petronas.
Crew member missing after Malaysian ship sinks Crew member missing and oil traces visible after a Malaysian bulk carrier sank last Saturday following a collision with a Taiwanese container ship outside the Singapore Strait.
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