Flag selling a loophole for pirates, illegal fishing THE practice of countries 'selling their flags' to ship owners from other nations is providing a cloak for illegal fishing operations, human rights abuse and possibly billions of dollars in unregulated fishing, according to a report published on Wednesday.
Neptune, 11 other lines expect costs to rise 7% NEPTUNE Orient Lines and 11 of the largest shipping companies plying the Pacific Ocean said costs of moving cargo to the US in 2006 will rise 7 per cent on higher fuel prices, which may spur them to raise freight rates.
Toll's promises inadequate: Aussie competition body AUSTRALIA's anti-trust watchdog has raised concerns about Toll Holdings Ltd's hostile A$4.5 billion bid for Patrick Corp Ltd, saying Toll's promises to preserve competition were inadequate.
TUI Q3 profit up 6.3%
Admiralty Casebook
Court sets aside injunction against ITF THE Court of Appeal in England last week set aside an injunction granted recently to restrain the International Transport Workers Federation from taking industrial action to prevent the re-flagging of a vessel belonging to Finland's Viking Line.
Port Shots
PORT SHOTS SHIPPING Corp of India Ltd, the country's biggest shipping company, said profit fell 29 per cent in the second quarter.
Flag selling a loophole for pirates, illegal fishing THE practice of countries 'selling their flags' to ship owners from other nations is providing a cloak for illegal fishing operations, human rights abuse and possibly billions of dollars in unregulated fishing, according to a report published on Wednesday.
Neptune, 11 other lines expect costs to rise 7% NEPTUNE Orient Lines and 11 of the largest shipping companies plying the Pacific Ocean said costs of moving cargo to the US in 2006 will rise 7 per cent on higher fuel prices, which may spur them to raise freight rates.
Toll's promises inadequate: Aussie competition body AUSTRALIA's anti-trust watchdog has raised concerns about Toll Holdings Ltd's hostile A$4.5 billion bid for Patrick Corp Ltd, saying Toll's promises to preserve competition were inadequate.
TUI Q3 profit up 6.3%
Admiralty Casebook
Court sets aside injunction against ITF THE Court of Appeal in England last week set aside an injunction granted recently to restrain the International Transport Workers Federation from taking industrial action to prevent the re-flagging of a vessel belonging to Finland's Viking Line.
Port Shots
PORT SHOTS SHIPPING Corp of India Ltd, the country's biggest shipping company, said profit fell 29 per cent in the second quarter.
Flag selling a loophole for pirates, illegal fishing THE practice of countries 'selling their flags' to ship owners from other nations is providing a cloak for illegal fishing operations, human rights abuse and possibly billions of dollars in unregulated fishing, according to a report published on Wednesday.
Neptune, 11 other lines expect costs to rise 7% NEPTUNE Orient Lines and 11 of the largest shipping companies plying the Pacific Ocean said costs of moving cargo to the US in 2006 will rise 7 per cent on higher fuel prices, which may spur them to raise freight rates.
Toll's promises inadequate: Aussie competition body AUSTRALIA's anti-trust watchdog has raised concerns about Toll Holdings Ltd's hostile A$4.5 billion bid for Patrick Corp Ltd, saying Toll's promises to preserve competition were inadequate.
TUI Q3 profit up 6.3%
Admiralty Casebook
Court sets aside injunction against ITF THE Court of Appeal in England last week set aside an injunction granted recently to restrain the International Transport Workers Federation from taking industrial action to prevent the re-flagging of a vessel belonging to Finland's Viking Line.
Port Shots
PORT SHOTS SHIPPING Corp of India Ltd, the country's biggest shipping company, said profit fell 29 per cent in the second quarter.
How the Holyhead and Pequot came together INVESTIGATIONS into a collision involving AP Møller-Maersk Group's LPG carrier Maersk Holyhead have yet to reveal the causes of the accident, although remarkable photographs taken from the bridge of the bulker Pequot may shed some light on last Sunday's events.
IMO to be exiled to Victoria as Albert Embankment gets upgrade THE International Maritime Organization will be forced temporarily to leave its headquarters in London's Albert Embankment next year, as the building undergoes the first of two £25m ($43.6m) refits.
Inspectors 'turn blind eye' to substandard ships in Europe OVERWORKED port state control officials in Europe are turning a blind eye to a section of the operational fleet known to be substandard, a leading tanker manager has alleged.
Brussels report gives backing to liner trade associations TRADE associations and some of the other ideas put forward by container lines as an alternative to the existing conference system should be considered, a report commissioned by the European Commission concludes.
GO Carriers flirts with bulk Global Oceanic Carriers, the only pure shipping company listed on a London stock market, looks set to expand its fleet of bulk carriers.
Your chance to have a voice in celebrating the industry's best NOMINATIONS have now opened for the Lloyd's List Awards 2006, a gala evening to celebrate the brightest and best of the global shipping industry.
Lloyd's List online gets ABCE approval WOULD YOU drive a car without an MOT? Fix a ship without an ISM certificate? Enter the US without ISPS compliance?
Exmar in Indian gas agreement GAIL India, the gas transmission and marketing company, has signed a co-operation agreement with Belgian carrier Exmar to import gas into India
Indian seafarers threaten strike INDIAN seafarers will strike for one day later this month over government inaction to restore pension fund reserves, and warned of an indefinite strike starting next month
Trans-Pacific box cost hike ahead COSTS for carrying boxes from Asia to the USWC are expected to increase by 7% next year, warns the Transpacific Stabilization Agreement carrier discussion group
Seaspan revels in 3Q progress SEASPAN revelled this morning in its 3Q report, which included its 12 August IPO and $5.1M in net earnings based on $11.4M in revenues
TSA: Shipping costs to rise 7% in '06 Carriers based the projection on an expected 25% jump in inland transportation costs and an 11% rise in the cost of repositioning empty containers.
ILA strengthens ethics procedures
EU trumpets report's findings on liner competition
Profit up at MOL, down at "K" Line
NYK, MOL join group to build China auto port
Deutsche Post profit surges
Test of Agile Port project shows promise in Tacoma
Dennis Mottola joins BM Shipping
EU accused of holding trade talks hostage
Trade gap soars to record
China's trade surplus grows to $12 billion
Maersk-P&O Nedlloyd to upgrade Europe-Morocco service
APMT Rotterdam set to impose truck appointment system APM Terminals Rotterdam is preparing for the introduction of a truck appointment system in the 1st quarter of 2006.
Carriers shake up transatlantic calm in 2006 At least three carriers are understood to be planning new services on the transatlantic that could undermine the higher rates that carriers have enjoyed over the last year.
Cochin port users warn against big rises in terminal charges
Australia's ICS problems to linger longer
Patrick loses skirmish in battle with Toll
Sino-US textile deal may benefit low-cost SE Asian countries
Trade liberalisation to see more ships deployed on Korea/China routes
Norwegian budget proposal met by mixed shipping reactions Norwegian seafarers can take a breather. The new Stoltenberg-led red-green government proposes in its first state budget that ...
DFDS ro-pax on Norway route The DFDS ro-pax "Duchess of Scandinavia" has arrived at Fredericia Skibsv'rft to get new colours and to be renamed ...
Norse Merchant Ferries purchase finalised Norfolkline in the A.P. Møller-Mærsk Group have now finalised the purchase of the Norse Merchant Group. The deal adds ...
Los Angeles prices finally fall below $300 Bunker prices softening in line with markets elsewhere, Houston still the cheapest US bunkering port.
Oil company profits under Senate scrutiny Five oil executives appearing before Senate hearing with windfall profit legislation proposed as a remedy for excess profits.
Bunker prices mar K-line forecasts, MOL fares better 45% fuel cost rise adds $88 million to Q2 costs for Japanese owner.
Western fuel oil arrivals into Asia on the up Western cargo arrivals into Asia seen rising on anticipated strong bunker demand.
Rotterdam holds steady early Thursday
Crude at 15-week low on US supply swell Bigger-than-expected builds in US stocks of crude and gasoline has pushed crude futures down as market sees no shortage of oil.
Curaçao: Talks ongoing for bunker only rebate Curoil confident of sales rebound despite ongoing talks.
Singapore: Build in distillates, drop in residual fuel
DOE & API at a glance: This week's US inventory figures
Players raise concerns over impact of IMO 4.5% cap Conference delegates told impact of MARPOL Annex VI negligible.
MPA hints at review of bunker regulations During a meeting about CP60 issues, the MPA appears to have taken the concerns of Singapore's 75 licensed bunker suppliers to heart.
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