Stakes raised in Malacca Strait with first Japanese victims MALACCA Strait pirates are being hunted down in an unprecedented response after sparking diplomatic and naval fury by kidnapping two Japanese and one Filipino from a Japanese-owned tug.
HK's Feb container traffic up 2.6% on China trade HUTCHISON Whampoa Ltd, Cosco Pacific Ltd and other operators of Hong Kong's port handled 2.6 per cent more containers last month as China's growing trade with the US and Europe boosted shipments.
India's ship scrap prices surpass Bangladesh's THE price paid for ships to be scrapped in India rose last week, surpassing prices in Bangladesh for the first time since 2003 because of higher demand for recycled steel plates.
Norway's map agency charged
Strait Talk
Attack will redouble Tokyo's efforts THE chances are that senior diplomats in the Japanese embassy in Jakarta have had little rest over the past couple of days.
Stakes raised in Malacca Strait with first Japanese victims MALACCA Strait pirates are being hunted down in an unprecedented response after sparking diplomatic and naval fury by kidnapping two Japanese and one Filipino from a Japanese-owned tug.
HK's Feb container traffic up 2.6% on China trade HUTCHISON Whampoa Ltd, Cosco Pacific Ltd and other operators of Hong Kong's port handled 2.6 per cent more containers last month as China's growing trade with the US and Europe boosted shipments.
India's ship scrap prices surpass Bangladesh's THE price paid for ships to be scrapped in India rose last week, surpassing prices in Bangladesh for the first time since 2003 because of higher demand for recycled steel plates.
Norway's map agency charged
Strait Talk
Attack will redouble Tokyo's efforts THE chances are that senior diplomats in the Japanese embassy in Jakarta have had little rest over the past couple of days.
IFO380, IFO180 reach record highs in Singapore Key IFO grades the highest recorded according to Bunkerworld data, as fuel oil assessments also climb and crude oil prices threaten October's record high of $55.67 a barrel.
Malacca Straits: Resumed piracy attacks renew fears in Singapore A recent spate of piracy attacks in the Malacca Straits has renewed fears over the threat of a possible terrorist attack in Singapore.
Proliferation of SECAs could mean fuel shortages The possibility of a proliferation of Sulphur Emissions Control Areas (SECAs) where the maximum permissible sulphur content would be 1.5% could lead to a shortage of the necessary fuels globally, delegates told at Singapore shipping forum.
Bunker tankers escape South Korean single hull tanker ban Market sources say South Korean bunker tankers do not fall within the limits for the country's impending single hulled tanker ban.
Saudi Armaco halts HSFO exports for summer Saudi oil giant to halt 380 cst term exports for summer months, despite shipping out in excess of 500,000 mt in Q105.
Vancouver, Seattle see high prices on refinery turnarounds Suppliers hopeful that marine diesel oil prices will soften upon refinery resumption as cruise season approaches.
Shell sustains inverted pricing policy in Houston No let up as oil major's bunkering arm continues to offer IFO380 bunker fuel at inverted prices to high sulphur fuel oil assessments in Houston.
Fincantieri linked with Bahamas repair plan FINCANTIERI is eyeing a diversification into the shiprepair and conversion business through the acquisition of a stake in Grand Bahama Shipyard, according to market reports in Italy.
Legal battle launched over alleged inaccuracies in £30m sale of VLCCs KELLOGG Brown and Root and Brazil-based Halliburton Produtos have launched a legal battle for damages in a row over the purchase of two ex-Concordia Maritime very large crude carriers sold for $15m each.
Indonesian warships hunt pirates after kidnappings INDONESIA is sending three warships to the Malacca Strait to hunt down pirates who have kidnapped five seafarers in three days.
Veteran Greenberg sidelined amid US insurance upheaval REGULATORY upheavals in insurance have claimed the biggest scalp to date with the sidelining of Maurice (Hank) Greenberg, the autocrat of the industry for years.
LNG consolidation forecast NORWEGIAN owner Leif Hoegh believes new entrants and growing pressure on terms and margins are likely to result in consolidation within the LNG sector
Toll in talks for Stena Challenger TOLL Shipping is reportedly poised to charter the 1,600 passenger ferry Stena Challenger for its Interisland Line
India to import 1M tonnes of sugar INDIA will import more than one million tonnes of raw sugar in the coming months to feed the sugar factories of Uttar Pradesh state after a sharp fall in the sugar cane crop
Stolt VP Wakely dumps stock STOLT executive vice president John Wakely sold all his company stock today, following sell-offs earlier this month by the firm's chairman and chief executive
Coega terminals get the go-ahead SOUTH African Port Operations has been given the go-ahead to start investing in bulk and container terminal infrastructure at the new Eastern Cape port of Coega
New fears on Russian oil safety GROWING Russian oil exports mean that another Prestige-type accident is inevitable, ITOPF managing director Tosh Moller has warned
NCBFAA: Brace for China apparel flood Ports and carriers advised to gear up for onslaught of textile and apparel imports as China enters quota-free era.
Port exec urges post-boom plans
EU pushing U.S. to open trans-Atlantic air-cargo market
PONL Mondriaan precursor to post-panamax ordering spree P&O Nedlloyd (PONL) is exploring the shipbuilding market for additional shipbuilding capacity with a view to ordering eight more 8,478TEU ships.
CIRB ruling opens door to intermodal disruption
New Guinea Pacific Line splits in two
Swire's CCS adds new Tasman string
EU buyers step into Indian seafood shortfall
Silport signs co-operations agreements for terminal development
APM Terminals to operate and manage Apapa Container Terminal
Some Euro-ports still lacking ISPS security plan, ESPO reports
Shenzhen and HK volumes to converge in 2007
Task force calls for single NA trading-zone by 2010
NHS charged after "Rocknes" accident Norwegian Hydrographical Society (NHS) (Statens Kartverk Sj') is charged with negligence for not having provided information about the uncharted rock ...
Danish shipping woman new president in wallenius Lines Lone Fønss Schrøder has been appointed president of Wallenius Lines from 1 October, when she succeeds Christer Olsson who has ...
Torm buys pool-partner's fleet Dampskibsselskabet Torm has purchased six product carriers, which already sail in the Torm MR-pool and has spent some USD ...
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