Singapore Competition Act pits shippers against lines THE next battle ground over competitive practices in the shipping industry won't be in Europe, the US or Australia, it will be fought here in Singapore as the Republic gears up for the implementation of its nascent competition law.
Conditions for block exemption WITH an eye on enhancing economic competitiveness by prohibiting practices that inhibit competition, Singapore's new Competition Act 2004 began its phased implementation from Jan 1 this year.
Australia offers help to build LNG terminal in India AUSTRALIA, which is in talks to sell five million metric tonns of liquefied natural gas to India, is willing to provide technical help in building a terminal for the fuel at a southern Indian port.
Putin backs merger of Sovcomflot with Novoship SOVCOMFLOT and Novoship appear set to merge within the year, with Russian President Vladimir Putin now in support of such a move, shipping sources in the country believe.
Bolloré puts $600m price tag on company's liner business Bolloré group chairman, Vincent Bolloré has confirmed he is ready to consider offers for the group's liner shipping business but fixed the asking price at $600m, writes Andrew Spurrier in Paris .
Maersk sea rescue 'mad' says paper MAERSK Sealand has found itself under attack from a UK tabloid newspaper after rescuing 27 refugees adrift at sea south of Sicily, writes Janet Porter .
Investors' claims deal fresh blow to Volgotanker managers RUSSIA'S largest river shipping company, Volgotanker, already fighting off a $26m tax bill with its top managers on the federal wanted list facing charges of fraud and money laundering, may now be hit by further claims from its shareholders.
Delmas 'could be for sale' VINCENT Bollor', the owner of French shipping line Delmas, yesterday confirmed that he could be interested in selling its shipping activities
JNPT chemical cargo stand-off JAWAHARLAL Nehru Port Trust in India is defying the authorities and has given permission for some chemicals to be handled at its liquid cargo jetty
Long Beach keeps LNG talks alive THE city council in Long Beach, California, voted 5-4 to continue talks with Mitsubishi Corp over a proposed $450M LNG terminal at the port
Bottlenecks 'not Brasilia's fault' BRAZIL'S transport minister says port and inland bottlenecks are not the fault of the administration of President Lula
PierPass plans single roll-out In yet another change of plans, marine terminals at LA-Long Beach will roll out peak box fee program all at once beginning July 23.
Berlin and Beijing unite to develop China's railways China's railway has seen a breakthrough, with the Ministry of Railway (MoR) declaring its intention to draw foreign funds, while a co-operation agreement was signed with the German transport bureau.
Massive ship deliveries will herald decline in charter rates say brokers
Melbourne to implement empties charge
French snatch VTG from under DB's nose
TT Club introduces a flexible, modular package for logistics
Pyeongtaek to add three berths
SAECS reduces capacity on intermediate service
Vessel shortage leaves trans-Tasman service adrift
EU support to Maritime Safety project in southern Baltic Sea EU will provide half of the EUR four million budget for the maritime safety project Baltic MaSTER. Some 40 organisations ...
Camillo Eitzen may order Norwegian chemcarriers Camillo Eitzen may build a series of chemical tankers at a Norwegian yard, most likely Kleven Florø. Managing Director of ...
Mærsk vessel saved 27 in the Mediterranean The Danish container carrier "Clementine Mærsk" saved 27 persons from a small boat in the Mediterranean and took them to ...
DOE & API at a glance: This week's US inventory figures
STS transfer operations suspended at Port Salalah anchorage Ship-to-ship (STS) transfer operations have been suspended at Port Salalah anchorage for the duration of the monsoon season.
IMO: Bunker sampling guidelines not mandatory IMO representative confirms to Bunkerworld that the bunker sampling guidelines, set out for MARPOL Annex VI, are not mandatory.
Asia: July fuel oil arrivals reach 2.6 million mt, more expected July fuel oil arrivals into Asia reach 2.6 million metric tonnes, with traders expecting yet more fixtures as the arbitrage window remains open.
Rotterdam stable after soft start
Russian supplier targets increased volumes with expansion Russian supplier targets significant sales growth with the acquisition of a new barge and further expansion into new port areas.
Guilty plea secures corrupt manager more lenient sentence Former general manager of Lungshan Petroleum, Michael Han was let off lightly compared to sentences handed out to managers of other firms found guilty of corruption.
OPEC may increase output, oil prices fall Crude oil prices slipped on Tuesday following comments made by the president of OPEC on suggesting an increase in oil output levels.
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