Global group lauds S'pore's bunkering rules THE International Bunker Industry Association has lauded Singapore's action to address recent problems in bunkering procedures and quality issues, saying that human factors and technology play a key role alongside rules and regulations.
PSA box volume up 22% in 1st 10 months PORT operator PSA International said yesterday that its terminals moved 22.1 per cent more containers in the first 10 months of 2005 than a year earlier, thanks to heavy trading activity between Asia and Europe and North America.
Frontline profit drops for second straight quarter FRONTLINE Ltd, the world's biggest oil-tanker company by capacity, posted its first back-to-back drop in quarterly earnings in three years, as the supply of ships grew faster than demand and freight rates declined.
Hyundai Merchant's profit falls, first time in 3 quarters
TNT, China Ocean Shipping to start logistics venture
Frontline postpones stake sale FRONTLINE, one of the world's largest tanker operator, is postponing the sale of its remaining stake in Ship Finance International due to the weaker market in shipping shares.
Owners set for battle over piracy cover SHIPOWNERS and London underwriters are set to cross swords in the biggest market battle yet over piracy insurance - and the end of a century of tradition.
Southampton welcomes return of Maersk SOUTHAMPTON will see the return of Maersk ships in early 2006 after an eight-year gap, writes Janet Porter.
Norasia faces staff exodus after departure of Khan NORASIA, the Hong Kong-based subsidiary of Chilean shipping group Compa''a Sud Americana de Vapores, is facing an exodus of staff following the departure of Norasia chief executive Vikas Khan in June.
Weak market for shipping shares causes Frontline to postpone Ship Finance sell-off Frontline, one of the world's largest tanker operators, is postponing the divestment of its remaining stake in Ship Finance International due to the weaker market in shipping shares.
MSC signs €1bn cruiseship deal with Alstom MSC Cruises has signed a contract worth more than €1bn ($1.17bn) with France's Alstom Marine for the construction of two 1,650 cabin, 3,000-passenger vessels, billed as the biggest ever ordered by a European owner.
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?
Sovcomflot confirmed in Varandey bid LUKoil, Russia's largest oil exporter, has agreed to Sovcomflot's bid to operate three ice-class tankers to carry crude oil from LUKoil's new Arctic terminal at Varandey
Signs of revival at Alang yards THE recent two-day National Stakeholder Consultation at Alang, in India's Gujarat province, has breathed fresh life into dying demolition yards
Gulf spill clean-up after barge hit SALVAGE operations are continuing after K-Sea Transportation's tank barge DBL 152 struck debris en route from Houston to Tampa last week
German owners welcome coalition THE new german government under Chancellor Angela Merkel is expected to continue the shipping-benign policies of the previous government
Maersk's new NZ services take shape Maersk will operate two weekly strings from New Zealand to the crucial relay ports of Singapore and Tanjung Pelepas in the wake of its P&O Nedlloyd takeover.
PetroLesPort waits to welcome new carriers Throughput at St Petersburg's PetroLesPort is still exploding, with 51.42% year-to-date growth, but the facility will not accept any new lines until upgrades are made, vows general manager Alexander Svetlichniy.
Qingdao coup accelerates DP World's growth
Look west, Drewry tells US transport industry
Container volumes between Japan and China exceed 2m TEU
Vostochniy gateway opens wider after Trans-Sib troubles
Kombiverkehr buys Optimodal as its Rotterdam foothold
Tight capacity 'here to stay' George Economou is telling investors that they can expect strong bulker markets through 2008.
Eagle on the prowl Eagle Bulk Shipping's Sophocles Zoullas says he is negotiating to purchase more bulkers off-market.
Rate boost for Stealthgas Harry Vafias' gas carrier venture benefits from strengthening Mediterranean market.
Japan detains 23 Cheng Lie boxship among those on the October port state control list.
Ship Finance in the money Revived charter market boosts third quarter profitability but Frontline spin off is eyeing better prospects in the offshore market.
Cruise giants for MSC Italian cruise line throws Chantiers de l'Atlantique a lifeline with two 3,887 passenger newbuildings.
Derecktor to lose out State of Alaska looks unlikely to ink optional ferry contracts at US shipyard.
HMM suffers setback Korean container line records profit drop for first time in three quarters.
Ship sales boost SSC Singapore shipowner's disposal of boxships gives it bigger first half profit.
Costly quarter for Hanjin Korean shipyard group in the red after paying higher prices for steel and other raw materials.
Miller gets new chief Peter Donnellan is named as the next chairman of top protection and indemnity club management company.
Hamworthy back at Hyundai UK firm to supply reliquefaction packages for Latsis VLGC newbuildings at South Korean yard.
Pirates further off the Somalian coast A Pakistani 16,199-gt dry cargo ship became the fifth vessel in four days to be attacked by pirates off ...
LPG-collision still under investigation The collision last week in Venezuelan waters between the German controlled bulk carrier "Pequht" and the A.P. Møller-Mærsk owned ...
Five operators will bid on Spodsbjerg'Taars Sund & Belt Holding A/S, the state owned bridge operating company, has received interest from five ferry operators to take ...
Chemoil faces supply issues in Colombia Quality of bunkering service improving in Colombia but supply problems have participants worried.
Fuel oil spill in US Gulf Barge leaking No.6 fuel oil after collision with debris between Houston and Tampa.
Analysts predict freight rate drop next year Analysts are forecasting the first freight rate drop in five years for Asian shipping lines as ship supply next year and beyond could outpace demand.
Nigerian MARPOL workshop reveals slow progress The huge financial implications involved in implementing the convention has hampered Nigeria's progress in adopting MARPOL, official says.
ARA market busy and firming
Big impact predicted from Dubai commodity exchanges Dubai trade in crude oil and marine fuel futures will boost region's refining, trading and bunkering activities, possibly at Singapore's expense, experts predict.
BP targets stake in Indian refinery BP will be signing MOU with Hindustan Petroleum to acquire stake in one of the Indian state-run company's new oil refineries.
New Zealand refinery reduces sulphur in diesel fuel There are many benefits of using low sulphur diesel in the ship's engine, but Maritime New Zealand warns shipowners to be on the lookout for fuel leaks.
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