Asian shippers open talks with shipowners A new grouping of Asian shippers is meeting with success in its efforts to build a 'constructive partnership' with Asia's shipowners.
HK's total ban on single-hull tankers disrupts bunker market HONG Kong is the only port in Asia to ban all single-hulled tankers, including those with double-sides and double-bottoms, triggering some disruptions in its marine fuels market, industry sources said yesterday.
Attempted attack on tanker was in Indon waters: Singapore AN attempted pirate attack this week on a Japanese-owned crude oil tanker in the Singapore Strait took place in Indonesian waters, Singapore's Ministry of Defence said yesterday.
Admiralty Casebook
Straight bill of lading as good as a document of title: House of Lords A STRAIGHT bill of lading is as much a document of title as a classic 'to order' bill, and is a bill of lading for purposes of the Hague Rules and the Hague-Visby Rules, the House of Lords in England has ruled.
Asian shippers open talks with shipowners A new grouping of Asian shippers is meeting with success in its efforts to build a 'constructive partnership' with Asia's shipowners.
HK's total ban on single-hull tankers disrupts bunker market HONG Kong is the only port in Asia to ban all single-hulled tankers, including those with double-sides and double-bottoms, triggering some disruptions in its marine fuels market, industry sources said yesterday.
Attempted attack on tanker was in Indon waters: Singapore AN attempted pirate attack this week on a Japanese-owned crude oil tanker in the Singapore Strait took place in Indonesian waters, Singapore's Ministry of Defence said yesterday.
Admiralty Casebook
Straight bill of lading as good as a document of title: House of Lords A STRAIGHT bill of lading is as much a document of title as a classic 'to order' bill, and is a bill of lading for purposes of the Hague Rules and the Hague-Visby Rules, the House of Lords in England has ruled.
Fuel Cell power for ships one step closer Leading ship machinery and propulsion provider W'rtsil' Corp. has unveiled a fuel cell power unit prototype, bringing commercial use of low emission fuel cell technology for auxiliary engines on ships one step closer.
Former Lungshan manager due in court Friday Former general manager of bunker supplier Lungshan Petroleum faces corruption charges in a Singapore court Friday.
Singapore fuel oil prices rally as supply tightens Singapore fuel oil cargo values hit new record and traders see no immediate sign of prices easing, despite ample arbitrage arrivals expected by mid-April.
ARA market holds firm amid tight avails
Hong Kong: Disruptions in fuel oil supply after single-hull ban The Hong Kong bunker market has experienced some supply disruptions after authorities imposed a ban on all single-hulled tankers, and increased freight cost raise April bunker premiums.
Chinese oil shipments unaffected by single-hulled ban The operations of Chinese shipments of fuel oil and crude oil are unlikely to be affected by the recent ban on single-hulled tankers.
Yuzhnyi oil terminal operations unaffected by spill Oil terminal operations were unaffected yesterday despite a small spill of fuel oil at Ukraine's Yuzhnyi oil terminal.
VLCC escapes pirate attack in Singapore Strait The crew onboard a very large crude carrier (VLCC) managed to drive back pirates in seven fishing boats using powerful firehoses in the crucial sealane.
Harper Petersen launches boxship index HAMBURG shipbroker Harper Petersen is launching a new-style index of containership charter rates that gives a more transparent picture of market conditions than some existing indicators.
Shipowners disappointed with Norway's tax tweaks NORWAY'S shipowners, awash with record profits, have branded the Conservative government's latest round of tax changes as a "setback" despite a pledge from Trade and Industry Minister B'rge Brende to phase out the wealth tax.
Lubricants crisis could keep ships idle SHIPOWNERS are facing a crisis in marine lubricant supplies that may keep some vessels in port, unable to complete their voyages.
Port inspectors plan starts row with EU member states EUROPEAN Union governments are fighting plans by the European Commission to send inspectors into ports around the continent to ensure compliance with the new port security directive.
Funding for US SEA-21 slow FUNDING for the US Department's of Transportation's SEA-21 programme has been illusive, said department secretary Norman Mineta
Kenya unveils port master plan KENYA Ports Authority released a 15-year port master plan this week which includes the privatisation of terminals and an expansion of Mombasa container terminal
PDVSA: no Citgo sale VENEZUELA oil minister and PDVSA president Rafael Ramirez has denied reports that US refinery arm Citgo will be sold outright
Stock offering to fund Cosco expansion Group's planned $2 billion offering expected to help boost fleet of 600 ships with current total capacity of 256,000 TEUs.
China textile community concerned over EC, US safeguards The textile industry in China has expressed concerns over the European Commission's (EC) guidelines for safeguards on Chinese textile exports to the EU.
More stowaways reach US in containers Twenty-nine Chinese stowaways are in custody after being discovered in a cargo area at Yusen Container Terminal at the Port of Los Angeles.
Freightliner: strike tomorrow cannot be averted, but client-consequences can
Bangladesh and Nepal to push for duty-free garment access to US
Germany to put thumb-screws on dirty trucks and motorway avoidance
Want to buy OMI? Then bring your wallet -- it will cost $26m to dismiss management team.
Bergesen fixes Shoei bulkers Oslo based shipowner charters two 200,000-dwt newbuildings for at least 10 years.
Carnival revises fuel costs Forward contracts show 30% price surge to $257 per ton for the remainder of the year.
Scandlines talks on hold German and Danish states suspend discussions of possible stake sale in Baltic ferry operator.
Jefferies lifts price target on TEN Massive appreciation in value of newbuild contracts warrants higher stock price, says bank.
Doubts still cloud Latvian future Two separate court rulings back different sets of directors as feud goes on at Riga owner.
Mercator raises $60m Indian owner will pay 1.5% interest on new bonds earmarked for ship purchases.
Big bucks for Big Two Stevenson and Bugbee share $4.2m in cash bonuses, plus large bundle of restricted stock for OMI's record-setting 2004 performance.
HFW beefs up ship finance Trio of lawyers jump ship from Stephenson Harwood to join rival Holman Fenwick & Willan.
Aponte wants another cruiseship MSC chief looking to spend up to EUR 650m on newbuilding to expand Mediterranean fleet.
Kherson to get busy Ukrainian shipbuilder and repairer wants to double its output this year.
IHC mulls share issue Dutch group needs cash to build up fleet of FPSOs after exiting shipbuilding.
VLCC fends off pirates Yohteisan escapes attack in Singapore Strait after taking evasive manoeuvres and increasing speed.
CSDC set for strong start The Hong Kong listed arm of China Shipping Group is set to see profits double from a year ago.
Bergen could lose Nor Lines and Sea Cargo Port of Bergen could lose two important customer ' Nor Lines and Sea Cargo ' because of different fees charges to the ...
SS "Norway" destined for Malaysia The 76,000 grt cruise vessel SS "Norway" may be towed to Port Kelang in Malaysia from Bremerhaven shortly and could ...
Coaster owner buys third vessel Rederiet C. Rousing, one of the youngest Danish shipping companies, has purchased a third coaster to the company's owned fleet ...
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