Marshalls tries to save Taiwan investment THE Marshall Islands is trying to save its biggest planned foreign investment after environmental authorities rejected a Taiwanese company's proposal for a floating dry dock worth nearly US$20 million.
Gulf tanker rates spike on Aug demand THE cost of shipping crude oil from the Persian Gulf to refineries in Asia rose to near a two-month high as cargo owners started booking 2 million-barrel tankers for their August shipments amid a dwindling supply of vessels.
200 feared killed in Indon ferry accident AS many as 200 people were feared dead days after a ferry capsized in rough seas off eastern Indonesia, a rescue official said yesterday.
Ladyman urges UK shipowners to be creative on employment BRITISH shipowners must come up with creative plans to boost the employment of domestic seafarers on UK vessels or risk pushing the Government to take firm action, the new shipping minister has warned.
Brussels hints at imposing conditions on P&O Nedlloyd takeover DANISH giant AP Møller-Maersk may have to reduce its presence on certain trade lanes before the European Commission will allow it to buy P&O Nedlloyd, writes Janet Porter.
Pool Re likely to foot terror bill MOST property damage claims arising from Thursday's attacks in London would end up in mutual insurer Pool Re provided the Home Office declares it to be a terrorism event, Merrill Lynch said at the weekend.
Fuel surcharges fleece the customer, say shippers SHIPPING lines and airlines are fleecing their customers by imposing fuel surcharges that are much higher than justified by oil price rises, the European Shippers Council claims.
UK OFT seeks more time on Mersey Docks Britain's Office of Fair Trading wants more time to assess the proposed '771m ($1.3m) acquisition of Mersey Docks and Harbour Company by Peel Ports Investments.
Panama puts heightened security warning on British port calls THE world's largest shipping register now rates vessel calls in Britain as at least as dangerous as some countries regard calls in Iraq following the London terrorist bomb outrages last week.
Loose nut caused ferry accident THE grounding of the ferry Queen of Oak Bay in Canada on 30 June was caused by mechanical failure of an engine speed control device, according to BC Ferries
AP Moller offers 'concessions' AP MOLLER-Maersk has offered the European Commission unspecified concessions to ensure clearance of the Royal P&O Nedlloyd deal by the EU competition authorities
Vancouver terminals, drivers talk As gates remain empty, feds are poised to intervene, but wants drivers back to work and negotiations re-started first.
Justice Department moves against organised crime in ILA US government lawyers filed racketeering charges on July 6 against the New York-based International Longshoremen's Association (ILA), union president John Bowers, and several other senior union officials.
CP Ships censured over 2004 accounts restatement The Ontario Securities Commission (OSC) issued a caution to CP Ships yesterday, but will not commence formal proceedings, following its investigation into the company's August 2004 restatement of accounts.
Toll tittle-tattle rife as ARC wins Auckland
Seattle benefits as carriers look for LA alternatives
Shandong Yantai launches Japan/South China service
Inchon Port Authority starts operations on July 11
Shakeup at Arlington Stena vehicle replaces chief financial officer with outsider who will also get share of CEO's post.
Aries boys cash out Insiders Petridis and Bolin sell 1.4m shares to Jefferies-led underwriters for $17.5m, with no proceeds to company.
EC extends Maersk probe Danish shipowner must wait until end of month to find out if P&O Nedlloyd takeover accepted.
Why Pan Ocean bombed STX chief Kang Duk-soo blames terrorism in London for rocky launch on Singapore stock exchange.
Share warning for CP Ships Securities commission cautions liner shipping group over insider trading, but Ray Miles and other executives get off the hook.
CSG in the money for $1.2bn Bank of Communications to advance massive new credit line to Chinese owner.
Varun off to a flier Strong start to year for Indian tanker and gas carrier owner as fleet expands.
Skeleton staff for club Police allow 25 of Thomas Miller's 450 London staff back into P&I office.
Skaugen bounces back Norwegian tanker and gas carrier group turns around last year's loss in first half
Pan Ocean misses target IPO of top South Korean bulk carrier owner is priced 30% below top end forecast.
Blasts close club HQ Police investigations into London explosions keep UK Club's P&I team from their desks.
MOL adds second Brazil link Boxships line's Latin American network improved with new five-ship operation to US.
TTA takes Athena Sea Thoresen Thai pays $24.5m to acquire second handysize bulker from Greece's Elmira Shipping.
US fund bids to buy NIBC Wall Street powerhouse in exclusive talks to buy Dutch shipfinancier.
Accident report released The failure of engine governor is thought to be responsible for the Queen of Oak Bay grounding.
X-factor for Bourbon French owner orders two supply ships at Ulstein in Norway with new X-bow design.
Master "one over the eight" Ukrainian master of UK-flagged Hoo Tern faces jail after being found intoxicated in Southampton.
Scandlines ro-pax back to the owner Scandlines will re-deliver the ro-pax ferry "Svealand" at the end of the year, when the co-operation with ...
Government support to coaster in chains The Danish Minister for Foreign Affairs has now promised a full support for Sea Saigon Shipping and Rederiet Fabricius in ...
Containerised drinking water from Norway to China An export project to export containerised drinking water from the Norwegian county of Telemark to China is launched and one ...
New Orleans barge operator increases fuel surcharge Three suppliers affected as barge operator cites rising fuel costs for delivery surcharge increase.
Jamaica resumes supply after hurricane, Florida and Gulf next Jamaican supplier Petrojam returns its vessels to port today, with Tampa and New Orleans closing later today, Miami unaffected.
Uruguay barge to resume service next week Montevideo supplier reports that its barge is back in service from July 11 after routine maintenance.
Non-performance, pricing system slammed by ARA suppliers Bunker suppliers in Rotterdam are becoming increasingly frustrated with the non-performance of cargo sellers in the barge market, which they argue is being allowed to develop by an unfair price assessment mechanism.
Gulf Navigation Group sells 10% stake Gulf Navigation Group (GNG), a Dubai-based company involved in a number of marine related services including management, supplies, bunkering and agency work has sold a 10% stake in the company.
Rotterdam holds firm after Midday
TransMontaigne expands with Radcliff acquisition TransMontaigne Inc. has signed a purchase agreement to acquire Radcliff/Economy Marine Services, Inc. in a deal which will see the company's terminal capacity increase and expand it into the lube oil marketing arena.
Bunkers removed for refloating operations Bunkers were removed from the grounded 25,370 dwt bulk carrier Kiperousa to prevent the risk of oil pollution during refloating operations.
OPEC: Difficulty in meeting projected oil demand OPEC will find it difficult to meet projected future oil demand, Saudi officials said.
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