Asian officers taking larger share of global fleet: report ASIAN officers are gradually taking over from their OECD country counterparts in the manning of the world's merchant fleet but they are still retiring at much earlier age than OECD officers, according to a new study.
Block exemption just in time? IN comedy, as in container shipping, timing is everything. And if it had wanted to bring wry smiles to the faces of liner shipping executives around the world, announcing a block exemption from antitrust law for liner shipping just days before the European Commission is set to scrap a similar European Union law, the Competition Commission of Singapore's timing couldn't have been better.
US may donate ships for Indon security patrols THE US may donate ships and rubber boats to Indonesia for security patrols in the Malacca Strait, Defence Minister Juwono Sudarsono said yesterday.
Courage of crew highlights timber perils of heavy weather A SERIES of incidents involving the shifting of timber deck cargoes in heavy weather has persuaded UK accident investigators that it may be necessary to impose weather restrictions on ships carrying large quantities of packaged timber on deck, writes Michael Grey.
TNT will sell logistics arm to fund €1bn share buyback DUTCH group TNT has announced a strategic refocus which includes selling its logistics division ' representing €3.4bn ($3.97bn) in revenues - and a € 1bn share repurchase plan.
P&O takes lead in Vietnam container terminal project P&O, the UK ports and ferries operator whose shares rose again yesterday on prospects of a potential bid battle between two overseas state-controlled groups, is leading a new project to develop a 1.5m teu container terminal in Vietnam.
Bid rumours boost Forth SHARES in Forth Ports touched a new high as the group was tipped to become the latest UK ports operator to receive takeover attention, writes Tony Gray .
Aries tanker held over cracked hull AN ARIES Maritime-owned product tanker has been detained in Bristol after the discovery of hull and deck cracking and a number of other serious deficiencies.
Frontline withdraws GenMar bid FRONTLINE is reported to have withdrawn its $39/share cash offer for General Maritime after the GenMar board rejected the bid as too cheap
LNG glut looms in 2006-2008 THERE will be a 10-12% overcapacity in LNG carriers from 2006-2008 leading to a slump for shipping companies, according to a new report
And now ResideUndersea THE increasingly popular 'residence at sea' sector has its fourth entrant, Cala Corp, which has started selling shipboard condominiums both above and below sea level
New Year adjustment for AIS AN extra second will be added to the world's timekeeping at the end of this year, and this "leap second" will affect all AIS systems, warns an AIS manufacturer
Evergreen unit mega-ship calls LA As line continues to expand capacity, its Hatsu Marine unit calls at Southern California gateway with largest-ever vessel, 7,024-TEU Hatsu Sigma.
UPDATED: Expanding into Vietnam, P&O says 'business as usual' The attractiveness of P&O for suitors DP World and Temasek has received a fillip with P&O Ports' announcement of a JV to develop a greenfield container terminal in Vietnam.
Liner industry to be exempted from Singapore Competition Act
Indian labour and shipping trade raise concerns over DPW P&O buyout
Valparaiso's TPS expects growth, even if PONL defects
SITC launches string of China/Japan services
Carriers join forces against Maersk's NZ assault
Details of cross-boundary bridge to be finalised
Tasmanian rail freight fate still hangs in the balance
Russian Customs takes campaigns into new industry sectors
HMM aims to carry 2.26m TEU in 2006
TNT strategy explosion frees core businesses to generate cash
Multi-million investment in "Stena Saga" Stena Line's "Stena Saga" will be taken out of traffic during 19 December'28 January for an extensive re-fitting ...
Large marine order intake for ABB ABB has won orders for Azipod and electrical systems worth USD 140 million during November. Six Azipod systems will be ...
Hull no. 200 named at Odense Odense Steel Shipyard have named its newbuilding no. 200, another container giant for the yard's owner A.P. Møller-Mærsk ...
Buyers stay away from Chinese bunkers Monopoly bunker market is failing to attract shipowners in China's booming ports.
Colombian supplier goes it alone C.I. Petrocomercial looking to boost standards after suspending joint venture with Chemoil.
No immediate plans for Asian SECAs Industry saying that stricter sulphur controls in Asia are unlikely, even as others call for further restrictions.
India: New guidelines issued to improve bunkering services India pushing to implement several IMO regulations by issuing mandatory guidelines for bunker suppliers.
Five new specs for marine fuel limits ISO has five new specifications for the marine fuels market over the next five years, expert says.
South Korea: Firm bunker prices sap demand South Korea's bunker prices climbing their way up the $300 mark since the start of December last Thursday.
Tokyo may tighten bunker fuel sulphur rules Tokyo government intending to impose stricter rules on the sulphur content of marine fuel in Tokyo Bay.
ARA players claim initial success for shorter credit terms Bunker suppliers who recently reduced credit terms to 21 days largely upbeat about its workability in the face of widespread skepticism.
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