Singapore-flagged tanker in latest pirate attack ARMED pirates have struck yet again in the Malacca Strait, the fifth attack in just over one month, this time storming a Singapore-flagged tanker in the southern reaches of the Strait.
Crew kidnap incident cost Idaten's owner 50m yen THE owner of the Japanese tugboat Idaten, whose Japanese captain, chief engineer and Philippine crewmember were abducted for ransom in March, said the incident cost his company about 50 million yen . Kanji Kondo, president of Kitakyushu-based shipping company Kondo Kaiji, said the total cost of freeing his captive crew, travel costs and compensation for the job Idaten had been contracted for, amounted to at least 50 million yen.
China Shipping orders vessels to double fleet CHINA Shipping Group Co, China's second-largest shipowner, will more than double its container fleet capacity by 2008 after ordering more vessels, Oslo-based broker Fearnleys AS said in a report.
Lukoil President unveils new bunker terminal Yesterday's opening completes another stage in enlarging Rotterdam's fuel oil storage capacity - eventually doubling the port's fuel oil storage to over 2 million m'.
Fujairah joins world's top-three bunkering centres With annuals sales in 2004 approaching 12 million mt, Fujairah ranks alongside Rotterdam in terms of turnover.
SAMSA confirms Marpol single hull regulations The South African Maritime Safety Authority (SAMSA) has confirmed that it is enforcing Marpol Annex 1 regulations 13G and 13H at the country's ports.
Chemoil announces exit from Philadelphia Chemoil Corporation has announced that it will withdraw from the Philadelphia bunker market as of April 15, 2005.
Moller-Maersk shields bunker costs with 'in-house' merger Shipping giant takes the unprecedented step of merging its bunker purchasing department with its oil trading operations to minimise the impact of surging oil and bunker fuel prices.
Matson up fuel surcharge in view of rising bunker prices Matson Navigation decided to increase fuel surcharge by a maximum of 10.5% after a sustained rise in bunker fuel prices.
Bunkering spills small compared to other oil spills causes Oil spills from tankers have declined from last year, and spills from bunkering were meagre compared with other causes of spills.
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.
Asian owners, shippers come closer ASIAN ship owners and shippers have set the ball rolling for establishing harmonious relations
Tax cut to boost Polynesia cruises FRENCH Polynesia is to suppress a cruise tax payable by cruise operators, which has prevented the development of cruises in the area in the past decade
Transchart grip loosened INDIA'S government has cleared Indian Oil Corp's demand to charter ships for oil imports directly instead of going through Transchart, the chartering arm of ministry of shipping
Ocean Village doubles up PRINCESS Cruises will transfer its oldest ship, the 1991-built Regal Princess, to UK sister Ocean Village in October 2006, doubling the British line's capacity
Senator interrupts Canada service SENATOR Lines is to end slot chartering on ships run by Lloyd Triestino and CMA-CGM on the North Europe-Canada service but hopes to commence a similar service soon
Maersk Sealand passing on box charges World's largest container line says it will pass on demurrage and detention fees it is assessed for late box pick-ups.
APM Terminals' Apapa award mystifies the market The basis of APM Terminals' (APMT) recent selection as preferred bidder to operate Lagos' Apapa terminal has prompted questions from players in the Nigerian shipping-industry and the global terminal-operating industry.
HKTDC urges textile exporters to prepare for US safeguards The Hong Kong Trade Development Council (HKTDC) has warned textile exporters in town to make early preparations for the US safeguards which may come into force between May and June.
Trucker ID aimed at easing German terminal turnaround times
CIMC expects profits to surge fivefold
CSCL buys vessel for domestic trade
Shortsea trio shuttling between Poland and Germany
TECO's Finbest to add call in Aarhus
Visakhapatnam terminal records 120% throughput growth
Canadian National Railway beefs up locomotive fleet
Port of Portland to tighten budget to expand port
Gdynia's BCT to go over-panamax
Lithuanian line to celebrate 10 years by bringing business in-house
Norwegian supply vessel hull assembled in Sweden Marieholms Mekaniska Verkstad, MMV, in Surte near G'teborg has received an order for a supply vessel hull from Norwegian Kleven ...
Svithoid orders two more Svithoid Tankers exercises its first options and orders two 4,450 DWT product carriers from the Russian shipyard MNP Onshore & Offshore ...
Strong growth on Tallinn-Stockholm route 108,000 passengers travelled on Tallink ferries on the Tallinn'Stockholm run during the year's first three months, up by 43.6 ...
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