Bangladesh plans deep-sea port to tap regional cargo flows AIMING for a slice of regional cargo flows, Bangladesh is moving forward with plans to construct a World Bank-backed deep-sea port and container terminal near the southern city of Cox's Bazar.
Dry freight rates reverse losses on emerging demand SEABORNE freight prices for hauling raw materials reversed a string of losses late last week on emerging demand, but analysts said it was too early to tell whether the market had turned.
Frontline Q4 profit seen surging to US$372m NORWEGIAN billionaire John Fredriksen's Frontline Ltd, the world's largest tanker company, may say net income surged to a record US$372 million in the fourth quarter as an increase in oil supplies drove up freight rates.
Total Lubmarine updates lube analysis service Total Lubmarine announced today that it has updated its marine lubricants analysis service, DIAGOMAR Plus, by adding a new lubricants test and making its reports faster to use and easier to understand.
Colombia: Chemoil launches joint venture with local partner Global bunker supplier, Chemoil Corporation announced today that it has formed a joint venture physical supply operation with a local partner in Colombia.
SEAaT: Wins for abatement and trading, EU split on timing SEAaT reveals wins for abatement technologies and emissions trading, but highlights divisions among core European political institutions on the implementation of lower sulphur caps.
IBIA magazine announces changes
Alaska spill worsens as clean-up is suspended Hopes that two of the ship's main fuel tanks might still contain bunker fuel are dashed as clean-up is suspended until Spring.
Latin America warms to Europe's imminent sulphur caps State oil companies and large suppliers of bunker fuel looking to exploit South America's supplies of low sulphur fuel oil as new caps loom.
Rotterdam firm with crude surge
ISO: Quality not viscosity should be industry standard ISO convenor, Wanda Fabriek is calling for the viscosity parameter for ISO specifications to be dropped, with a greater emphasis to be placed on quality.
Brussels seeks single voice for Europe at IMO THE European Commission has sounded out the International Maritime Organization over how it can be formally recognised as representing a common position of member states at the UN Agency.
Selendang Ayu is Alaska's second worst spill OIL spilled from the Selendang Ayu, the IMC group bulker that broke in half off Unalaska Island in Alaska in December, makes the casualty the second biggest to afflict the state after the Exxon Valdez, rescue officials say, writes Rajesh Joshi in New York.
NCL hints at New York re-listing NORWEGIAN Cruise Line, the Oslo and Miami cruise company that was taken private in 2000 by Star Cruises, could be sailing towards a re-listing in New York, NCL president and chief executive Colin Veitch has said.
Cape Flattery refloated safely SALVORS were successful this morning in refloating the bulker Cape Flattery from the sand off Barbers Point in the Hawaiian Islands
Shanghai building cruise terminal SHANGHAI is building a mega cruise terminal to cater to cater to booming tourist traffic
Korea finalises tonnage tax rates KOREA has finalised slab rates for tonnage tax that will be effective in the financial year 2005
Coastguard evacuate 28 crew TWENTY-eight Russian seafarers have been rescued by the Japanese Coast Guard after their general cargo vessel ran aground north-west of Cape Kodomair, Japan
Volunteer threat for rescue service THE UK's search and rescue services face losing the support of voluntary organisations within ten years, it was claimed yesterday
Troubled Aratere top of the agenda THE future of Toll Shipping's troubled Cook Strait ferry Aratere has moved to top of the agenda for the Maritime Safety Agency, seafarer unions and the ship's operator
Trans-Pac lines raise eastbound rates Carriers warn that importers should expect similar port and rail congestion that plagued West Coast ports last year.
Union Pacific hikes target congestion Railroad hopes raising rates will drive some shipments away from Arizona bottleneck, improve flow of Southern California traffic.
More capital for Adelaide-Darwin railway Shareholders in the Asia Pacific Transport Joint Venture, owner of the AustralAsia Railway, have been forced to commit around A$30 (US$23.4) million in additional funds that will address capacity constraints.
TACA suspends West Coast congestion charge
Scheldt dredging negotiations fail to reach conclusion
Samba shuffle sees Hamburg S'd re-work US/LA string
Norway wants shipping agreement with India Norway is looking to negotiate a shipping agreement with India. The Norwegian shipping minister Børge Brende was recently in India ...
Weak dollar drains Gorthon result The weak dollar had a negative impact of SEK 21 million (EUR 2,3 million) on Gorthon Lines' result for 2004 ...
Good result for Finnlines on a weaker market Last year's revenue of Finnlines Group was slightly lower than in the year before due to a weakened market and ...
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