Seoul given 90 days to end shipbuilding subsidies THE World Trade Organization ruled that South Korean shipbuilders illegally benefit from export credits, following a complaint by the European Union, which wants to limit subsidies that have boosted Korea's market share.
Ferry problems put P&O in the red PENINSULAR & Oriental Steam Navigation Co, the UK's largest ferry and port operator, posted a second-half loss because of costs to close ferry routes.
Call for expansion of Panama Canal OPERATING at 93 per cent of its maximum capacity and unable to handle the today's ultra-large container ships, the Panama Canal must be expanded, said industry executives who gathered recently in Panama City.
Carnival's CEO donates bonus to tsunami relief
Sunken tanker's ex-master released
Strait Talk
Northern lessons for Singapore? LONDON, Singapore, New York, Connecticut, Shanghai, Gibraltar, Hong Kong Panama, Dubai and no doubt many, many other locations, are either major maritime centres or desperately want to become one.
Seoul given 90 days to end shipbuilding subsidies THE World Trade Organization ruled that South Korean shipbuilders illegally benefit from export credits, following a complaint by the European Union, which wants to limit subsidies that have boosted Korea's market share.
Ferry problems put P&O in the red PENINSULAR & Oriental Steam Navigation Co, the UK's largest ferry and port operator, posted a second-half loss because of costs to close ferry routes.
Call for expansion of Panama Canal OPERATING at 93 per cent of its maximum capacity and unable to handle the today's ultra-large container ships, the Panama Canal must be expanded, said industry executives who gathered recently in Panama City.
Carnival's CEO donates bonus to tsunami relief
Sunken tanker's ex-master released
Strait Talk
Northern lessons for Singapore? LONDON, Singapore, New York, Connecticut, Shanghai, Gibraltar, Hong Kong Panama, Dubai and no doubt many, many other locations, are either major maritime centres or desperately want to become one.
Valero suspends offshore deliveries in Aruba Texas-based energy giant says it will recommence offshore deliveries at an unfixed time.
Argentina: Tugboat strike causing bunker chaos
Hong Kong bunker costs set to rise on single-hull ban Suppliers in Hong Kong anticipate a rise in bunker prices in the port come April as they will have to pass on increased freight costs to the end user.
ARA market holding steady from late Monday
Higher demand recorded in South Korean ports Korean ports regain competitive edge as prices align with Hong Kong.
Management reshuffle at Transbunker Group New managing director appointed for Bunker Holdings.
Buyers and suppliers in Singapore stand-off Both buyers and suppliers in Singapore said to be seeking direction in logistically tight market.
Black Sea-Asia arbitrage reduced to zero Arbitrage cargoes from the Black Sea to Europe reduced to zero in April, increased supplies expected from northwest Europe
Singapore suppliers step up to accreditation, figure reaches 32 As the May 31 deadline looms, more of Singapore's bunker suppliers are being awarded accreditation status by the Maritime and Port Authority of Singapore (MPA).
Colombian authorities target MDO 'black market' Arrival of global bunker supplier polarises unlawful price differentiation in fledgling bunker market.
Euronav adds 16 Livanos tankers to fleet in massive $1bn alliance LARGE tanker specialist Euronav has clinched a deal with Greek shipowner Peter Livanos to merge their tanker fleets, bringing 16 Greek-flag tankers - predominantly suezmaxes - into the Brussels-listed company's fleet of 28 VLCCs and ULCCs.
Steep cost of ferry restructuring shrouds solid growth at P&O Solid underlying profit growth at P&O was last year swamped by exceptional charges of more than £380m ($733m), mainly reflecting the restructuring of the UK ports group's ferry business.
Excel plans fleet expansion on back of $145m share offer EXCEL Maritime Carriers, the Greek dry bulk company, has announced an aggressive fleet expansion drive, funded through a proposed $145m share offering in New York.
China Shipping to take 39 steps towards top three berth by 2010 CHINA'S number two line, China Shipping, has outlined an aggressive expansion plan.
TBS hopes to join IPO party TBS International hopes to join the IPO party, despite its troubled past and ageing fleet, filing an SEC registration yesterday
Ecstasy computer malfunctions A MALFUNCTIONING computer system has slowed Carnival Cruise Lines' Ecstasy, leading to itinerary delays and possible disruption of its current cruise
New California ballast water plan THE California State Lands Commission is looking to charge $500 to every ship above 300gt arriving in the state with ballast water from within the Pacific Coast Region
DOJ continues Stolt attack STOLT-Nielsen continues today to profess its innocence of price fixing in light of the US Justice Department's appeal challenging an amnesty granted to the company
Ferry charge hits P&O earnings But underlying earnings in 2004 soared 65 percent on record volume at Port Newark (left) and company's other global terminals.
14 missing after Rickmers ship collision off China
P&O ports results struggle against other parts of Group performance P&O Group's '34.4million (US$65.85million) operating loss for 2004 has provoked mixed market reactions, with exceptional costs relating to ferry-restructuring and property-disposals outweighing strong results in the ports division.
HK capacity to go up to 20m TEU per annum Modern Terminals MD Erik Christensen today noted the total throughput capacity of Hong Kong's current container terminals was due to rise to over 20mTEU/year, compared to 15mTEU before CT9's completion.
Youngil New Port berth construction to commence
Road infrastructure planned for Busan and Gwangyang distriparks
Fleet expansion raises CSCL profits
Round the World string of pearls breaks, with collision
Collision snaps rail link to Chittagong
Ip: public consultation is guaranteed before decision on CT10
Afghan overland route opened by MacAndrews
Taiwan experiences first monthly export fall in three years
US Railroad Administration sets collision-prevention standards
NYK Line (China) sets up liaison office in midwest China
"Karen Danielsen": Navigator on watch was drunk A post-mortem examination on Monday, showed that the dead chief mate of the "Karen Danielsen" had 1.55 permillage of ...
Talks about traffic control in Øresund The Swedish Maritime Administration, SMA, has appealed to the Danish authorities to join forces with Sweden to re-establish a ...
Color Line and Aker Finnyards sign letter of intent Color Line have decided to exercise its option and order a sister vessel to "Color Fantasy" from Aker Finnyards for ...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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