US ports tot up Katrina's costs US port officials are struggling to assess the extent of damage to major Gulf ports hit by Hurricane Katrina, while the cruise industry has been roped in by the US government to help provide temporary shelter to those made homeless by the disaster.
Patrick Corp seeks regulator's help to thwart takeover bid PATRICK Corp, which is defending a hostile takeover by Toll Holdings, asked Australia's takeovers regulator to rule that the bid is unacceptable.
Pacific Basin's H1 profit doubles on volume growth ASIA-focused bulk shipping line Pacific Basin Shipping said its net profit nearly doubled in the first half as regional trade grew and freight rates increased.
MPA, Rotterdam tie up on R&D conference
Strait Talk
Hurricane Katrina's mixed effects on global shipping THE world usually notices mariners and the shipping industry only in times of crisis; wars or natural disasters.
US ports tot up Katrina's costs US port officials are struggling to assess the extent of damage to major Gulf ports hit by Hurricane Katrina, while the cruise industry has been roped in by the US government to help provide temporary shelter to those made homeless by the disaster.
Patrick Corp seeks regulator's help to thwart takeover bid PATRICK Corp, which is defending a hostile takeover by Toll Holdings, asked Australia's takeovers regulator to rule that the bid is unacceptable.
Pacific Basin's H1 profit doubles on volume growth ASIA-focused bulk shipping line Pacific Basin Shipping said its net profit nearly doubled in the first half as regional trade grew and freight rates increased.
MPA, Rotterdam tie up on R&D conference
Strait Talk
Hurricane Katrina's mixed effects on global shipping THE world usually notices mariners and the shipping industry only in times of crisis; wars or natural disasters.
Katrina losses may hit $50bn warn insurers INSURERS and reinsurers globally are facing a total loss of around $50bn from the Hurricane Katrina catastrophe in the US, a top London practitioner has forecast.
Excel Maritime steps up to NYSE DRY bulk operator Excel Maritime Carriers is to list on the New York Stock Exchange, switching from the American Stock Exchange after 16 years in a bid to boost its share liquidity and visibility.
Jones Act waiver not hard to navigate, says US THE waiver of the Jones Act involves less red tape than feared, according to US Customs and Border Protection.
Joint venture increases LR's market in China LLOYD'S Register and China Classification Society have signed an exclusive agreement to establish a new joint venture, to be based in Beijing, writes Hugh O'Mahony.
Signs of life at US Gulf refineries FLARES have been lit above five of eight refineries along the US Gulf Coast that were closed by Hurricane Katrina - indicating the facilities are preparing to restart
Dry market FFAs now easier to trade IT has become much easier to trade forward freight agreements in the dry markets
Kiperousa wreck pounded by waves THE saga of the wrecked bulk carrier Kiperousa continues off the South Africa coast, as a barge brought in by the salvor has itself been extensively damaged
Columbia River LNG proposal COAST Guard officials are assessing the viability of the Columbia River as a possible LNG tanker route
LR, China Class sign Beijing deal LLOYD'S Register Asia has signed an agreement with China Classification Society that will enable both to take advantage of the rapid growth of China's shipping sector
HCI Capital ready for IPO GERMAN KG finance house HCI Capital is planning to float on the stock exchange in early October, making it the second listed KG financier after MPC Capital
Port of New Orleans prepares to reopen Officials said Hurricane Katrina left port terminals damaged but workable, will handle relief cargo this week as staff returns, power is restored.
HK customs crack down on origin labelling abuses Hong Kong Customs have declared victory in two more raids in their ongoing campaign against false origin labelling and counterfeit goods.
Toll and Patrick at war over Pacific National Takeover target Patrick Corp and its suitor Toll Holdings are in dispute over the pair's sole joint venture, the Pacific National (PN) railway company.
Diesel need: New Orleans seeking diesel supplies, as restoration begins
HK truckers urge fuel tax cut
Tuxpan to relieve Veracruz pressure
RCL rating upgraded, as it upgrades services
Terminal entrant: Klaipeda volumes could hit 300,000TEU
Mandelson: Sino-EU relations should move past textiles
Loss for Viking Line Viking Line reports a EUR 283.4 million turnover in the first nine months of their fiscal year (1 November ' 31 ...
Jones Act suspended to 18 September The Jones Act cabotage rules are suspended to 18 September, making it possible to charter-in foreign-flagged tankers for ...
Cruiseships in post "Katrina" relief work Four cruiseships are chartered in by Military Sealift Command (MSC) for six months and option for another three month to ...
Houston supplier ups barge rates Houston Marine Services raises barge rates as 'cost of doing business' increases.
Port Mobile open for business Bunker supplier in the US Gulf Coast port advises that operations have resumed and enquiries are being received.
FAMM President to make address as forum gains momentum The inaugural Bunkerworld Forum: Marine Fuel Sustainability, to be held in San Francisco from October 5-7, continues to gather momentum - with over 110 delegates already registered to attend
Chinese cargo interest boosts Asian fuel oil premiums Asian fuel oil premiums at two-year high on reduced supply, but traders wary of possible arbitrage opening.
South Korea: Healthy bunker premiums keeping exports down South Korean refiners preferring bunker market sales due to healthy returns.
New fuel efficient engine in the pipeline Mitsubishi promising 'exceptionally low fuel consumption' with new engine for handysize bulkers and product tankers.
Japan decides to release oil reserves Japan will release 7.3 million barrels of oil over a 30-day period in an effort to ease world oil prices.
ARA market holds firm despite crude loss
South Korea: Fuel oil exports to rise in October South Korean oil refiners are expected to export more high sulphur fuel oil in October compared to this month.
Coastguard tug causes oil spill Embarrassment as Maritime and Coastguard Agency tug causes pollution and master fails breathalyser test.
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