Nippon Yusen to raise stake in Nippon Cargo to 55% NIPPON Yusen KK, Japan's largest shipping line, said it will buy out All Nippon Airways Co's stake in Nippon Cargo Airlines Co to strengthen its airfreight business.
S'pore bunker sales to cool off from 2004 boom SINGAPORE's 2005 marine fuel market is unlikely to match the surprise double-digit year-on-year sales surge rise of the previous year, a government official said yesterday.
Daewoo Shipbuilding gets orders worth 260b won DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said it has received orders to build four container vessels valued at 259.5 billion won .
Indon navy launches anti-piracy operation
Moving experience
Strait Talk
A step closer to paperless checks WITH the ever greater emphasis on measures to improve safety and security at sea the associated bureaucratic demands on ships have, inevitably, grown greatly in recent years.
Nippon Yusen to raise stake in Nippon Cargo to 55% NIPPON Yusen KK, Japan's largest shipping line, said it will buy out All Nippon Airways Co's stake in Nippon Cargo Airlines Co to strengthen its airfreight business.
S'pore bunker sales to cool off from 2004 boom SINGAPORE's 2005 marine fuel market is unlikely to match the surprise double-digit year-on-year sales surge rise of the previous year, a government official said yesterday.
Daewoo Shipbuilding gets orders worth 260b won DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said it has received orders to build four container vessels valued at 259.5 billion won .
Indon navy launches anti-piracy operation
Moving experience
Strait Talk
A step closer to paperless checks WITH the ever greater emphasis on measures to improve safety and security at sea the associated bureaucratic demands on ships have, inevitably, grown greatly in recent years.
Restis' $230m Golden opportunity RESTIS shipping group of Greece has set in train its long-awaited initial public offering with a registration statement for Golden Energy Marine Corp, a newly established company combining the group's tanker arm with some of the bulkers it recently acquired from Malaysian International Shipping Corp.
London Club raps Brussels' crackdown on seafarers LEGISLATION that could criminalise seafarers was drafted by Brussels without consulting legal experts who have been involved in prosecution cases, a liability insurer claimed yesterday, writes Janet Porter.
Malaysian backlash at Malacca risk call MALAYSIAN Transport Minister Chan Kong Choy has lashed out at the declaration of the Malacca Strait as a war risk zone, claiming that the shipping lane is one of the safest in the world.
Battle to save BP's Thunder Horse BP FACES a potential disaster after its Thunder Horse floating production platform (right) was damaged by Hurricane Dennis when it crashed through the Gulf of Mexico, writes Martyn Wingrove.
P&O Nedlloyd to quit conferences and consortia LINER services around the world will be hit by the pending P&O Nedlloyd takeover as the line withdraws from more than a dozen conferences and consortia.
Celebrity goes Post-Panamax CELEBRITY Cruises will begin construction of a new series of vessels at Meyer Werft and for the first time will enter the post-Panamax arena
Pakistan detains Indian vessel PAKISTAN has detained Indian registered general cargo ship Orient Prosperity for violation of port state control
Fleet expansion boosts Q Ship QATAR Shipping has posted impressive half year profits on the back of a buoyant market and new investments in the fleet expansion
Dredging monopoly threatened THE Brazilian government's moves to allow foreign dredging companies to tender for contracts has been attacked by the president of Brazilian company Dragaport
Truckers eye PierPass payout Harbor trucking firms and their drivers are leveraging the new PierPass extended gates program to help boost their pricing power.
Melbourne dredging facing renewed opposition The Victorian Government has formally approved a trial dredging programme (TDP) in Port Phillip Bay, but project opponents have begun a new campaign opposing all deepening work.
Rotterdam re-introduces scanning charges
China Shipping schedules Halifax call
SIPG buys into strategic Wuhan
Deadline finalised for Australian Customs changes
Luanda struggles to cope with demand
CMA CGM confirm 'another dossier' in its acquisition intentions
Grand Alliance rides the US Pacific NorthWest wave
Dunkirk fresh-food logistics facility to open its doors in early 2006
Hamburg Sud orders four more boxships
CCNI confirm their Asian bets, with new Chinese offices
Restis' new enterprise Golden Energy is latest shipping IPO asking investors to ignore previous failure, but 2002 Enterprises Shipholding workout still rubs some raw.
Debut profit for Tschudi Diversified Norwegian shipping company rings up a result for Felix Tschudi.
EU moves against polluters Prison or fines of up to $1.8m face masters, owners, managers, charterers and class societies under new criminal regime.
State backs SCI order Indian owner wins government clearance for VLCC duo lined up at Daewoo.
Post panamax for RCCL Cruise line to splash out $640m on first wide hull ship for Celebrity subsidiary.
Riga line on the up New chartered ferry boosts volumes for Latvian owner on Stockholm route.
Baltic ferry numbers up Tallink, Viking and Eckero improve passenger figures in the first half.
Hamburg Sud in $250m deal German owner returns to Daewoo Shipbuilding for four costly 3,200-teu containerships.
Alstom yards quiet First quarter revenues drop as French shipbuilder awaits confirmation of MSC cruiseship order.
Vopak links with Kogas Partners to work together on plans for new LNG terminals in Asia.
Samho seals LNG and VLCC deals Hyundai group yard confirms orders for a gas carrier and tanker tonnage from Teekay and NITC.
Java Sea heads to Singapore Fire-damaged bulker to spend 50 days in repair yard after blaze off Cairns.
Tug Malta inks newbuildings Mediterranean island tug company orders two new craft at Damen Shipyards for delivery in 2006.
NYK takes flight Japanese shipping giant takes control of air freight company Nippon Cargo Airlines.
EIB funds Senegal ro-ro European Investment Bank's EUR10m loan to cover one-third of the cost of new sea link and port.
Greenpeace calls to boycott ship dismantling in India and Bangladesh In a joint press statement several green and labour groups, including Greenpeace and BAN (Basel Action Network), call to boycott ...
LA cargo volumes up, but demand remains dependent on price Container ship traffic is increasing but suppliers will need to be competitive to capitalise, say bunker suppliers.
Suppliers: Panama prices ignoring resupply costs Bunker prices soften further in Panama despite noises suggesting price levels are unsustainable when factoring in resupply costs.
EU sets penalties for pollution as legislation is adopted The European Union (EU) today adopted new measures against ships that pollute EU waters, setting penalties to be imposed on anyone who has been found to have caused or contributed to illegal pollution intentionally or by means of serious negligence.
Crude rebounds strongly as new tropical storm brews After three straight days of significant losses in crude oil prices, a sharp rebound occurred today amid anticipation that Hurricane Dennis may have dented US oil inventories, and the season's fifth tropical storm was brewing in the Atlantic.
Volgotanker may face huge tax claims after losing appeal After losing an appeal against a bill for 715 million rubles (around $26 million) in back taxes and penalties for 2001, total tax claims against Russia's biggest oil shipping company might eventually top 1 billion rubles.
Novorossiysk to expand oil export capacity The Russian Black Sea port of Novorossiysk is planning major investments to boost its loading capacity for crude oil and oil products in a bid to maintain its position as Russia's largest oil port.
Green initiatives save NYK group millions in fuel costs NYK estimates that during the fiscal year 2003, environmental efforts saved the company '1.6 billion, or $14.5 million, mainly in reduced fuel costs.
Singapore: Market growth continues but at slower pace Government officials in Singapore have said that growth in the republic's bunker market this year is unlikely to match that seen in 2004, but will still be significant.
Oman: BP Marine opens "showcase" Salalah terminal BP Marine announced today that the conmpany's new "showcase" land-based terminal will open at Salalah this week.
Rotterdam barge bids/offers wide apart this morning
Indian project set to dampen Colombo's bunker market India's deep-sea dredging project, or the Sethusamudram project, looks set to have a negative impact on Colombo's bunkering activities.
Indian refinery ships diesel through Bangladeshi river Indian-based barge operator has started to ship consignments of diesel from Numaligarh refinery in Assam through a Bangladeshi river route.
Attractive offers from FAL Oil for Pakistan tender UAE-based FAL Oil has made the most attractive offer on a July-August fuel oil buy tender from Pakistan State Oil.
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