European Commission decides to ban liner shipping cartels THE European Commission has, as expected, decided to propose a ban on liner shipping 'conferences' and similar arrangements by which groups of shipping companies set common freight rates for particular routes.
Asian shippers welcome EC's conference ban THE decision earlier this week by the European Commission to strip the antitrust immunity afforded the liner shipping industry has been heralded as a 'watershed' decision by Asian shippers.
Foreign role in Malacca Strait patrols mooted THE US, China, Japan and other powers may soon be asked to contribute equipment and expertise to help fight threats such as piracy in the world's busiest shipping lane, officials said yesterday.
ABP's operating profit rises 3% this year
Admiralty Casebook
Engineer who could have done more to avoid oil spill convicted A SYDNEY court last month rejected the application of the chief engineer of a container ship not to record a conviction against him after he had earlier pleaded guilty to causing marine pollution while his vessel was alongside Port Botany.
European Commission decides to ban liner shipping cartels THE European Commission has, as expected, decided to propose a ban on liner shipping 'conferences' and similar arrangements by which groups of shipping companies set common freight rates for particular routes.
Asian shippers welcome EC's conference ban THE decision earlier this week by the European Commission to strip the antitrust immunity afforded the liner shipping industry has been heralded as a 'watershed' decision by Asian shippers.
Foreign role in Malacca Strait patrols mooted THE US, China, Japan and other powers may soon be asked to contribute equipment and expertise to help fight threats such as piracy in the world's busiest shipping lane, officials said yesterday.
ABP's operating profit rises 3% this year
Admiralty Casebook
Engineer who could have done more to avoid oil spill convicted A SYDNEY court last month rejected the application of the chief engineer of a container ship not to record a conviction against him after he had earlier pleaded guilty to causing marine pollution while his vessel was alongside Port Botany.
Reid calls for UK naval yard consolidation THE British government has said it now considers naval shipbuilding consolidation a matter of urgency.
Madsen takes DNV top job DET Norske Veritas has appointed internal candidate Henrik Madsen as its new chief executive officer, the Norwegian classification society announced yesterday.
Corrosion failures meant Erika's 'fate was sealed' A NEW French judicial report into the loss of the Erikahas highlighted the failure of the ship's manager and classification society to detect and deal with the advanced structural corrosion from which it said the vessel was suffering immediately before its break-up and sinking six years ago this week.
Tramp owners face tight Brussels timetable SHIPOWNERS in the non-liner trades that belong to pools or similar co-operative arrangements will have to work fast to prepare for a change in European rules that may be just a year away.
Norway and Japan stall on new global shipbreaking accord Maritime powers Japan and Norway have come under fire for spearheading efforts to limit the inclusion of global labour and environmental guidelines on hazardous waste movement in a proposed shipbreaking accord to be brokered by the International Maritime Organization, sources said.
Greeks lash out at common rules THE International Association of Classification Societies has denied accusations from Greek ship owners that parts of its new Common Rules were guided by internal politics and will not improve standards
Port of Spain clearing backlog TRINIDAD'S Port of Spain is clearing a container backlog created after last week's work stoppage by local truckers protesting against the demanding turnround times
Wallenius Wilhelmsen changes name WALLENIUS Wilhelmsen Lines is changing its name to Wallenius Wilhelmsen Logistics to reflect the shift from ocean transport to 'outbound logistics for finished vehicles'
Tallink want Silja's Sweden services TALLINK Group wants to buy the Finland-Sweden services of Silja, the ailing Finnish cruise ferry group put up for sale by its parent company Sea Containers
DVB brings in offshore specialists GERMAN transport bank DVB has identified the booming offshore exploration sector as one of its major growth markets and has wooedfour specialists from ANZ Bank
Dutch builders need to seek synergy THE retiring chairman of the Dutch shipbuilders' association has told colleagues that the Netherlands could become the most innovative shipbuilding industry in the world
Tariff-increases 'could kill' Transsib Tariff-increases planned for next year, combined with surcharges and Customs inspection of transit containers, could be enough to turn more shippers against the Trans-Siberian Railway, particularly with megaships coming onstream.
Panamanian uncertainty for canal expansion grows The expansion of the Panama Canal would be approved by a vote if it were held tomorrow, according to a poll by the country's most important newspaper.
Los Angeles pushes ahead with 'cold ironing' Port investing heavily in shore power as a means of reducing emissions as container volumes continue to expand.
Singapore: $5 million spending spree on bunkering interests Singapore company spends in excess of US$5 million on a series of bunkering interests.
ARA players wary about reducing credit terms Widespread desire for shorter credit terms has not convinced ARA suppliers to parrot a few companies which took the plunge in October this year.
Rotterdam pre-holiday dates filling up fast
Bunker association sets goals and agenda Following the appointment of a new board, Turkish bunker association's first meeting setting goals and agenda for the coming months.
Singapore: Residual fuels at 4-week high, distillates up
IEA forecasts higher oil demand in 2006 The IEA projected higher global demand for oil in 2006 in its monthly oil market report.
Cargo lines maintain bunker fuel surcharges The six-member Trans-Atlantic Conference Agreement said bunker fuel surcharges to and from the US will be unchanged.
Panama: Avails tight until next year Suppliers reporting tight avails in Panama today, with resupply not expected until January.
California ships face hefty emissions fines Fines over $100,000 for non-compliance with California auxiliary engine regulation, agency saying.
DOE & API: Latest key inventory figures Large discrepancies between the two reports this week, with API showing big draws against more neutral DOE figures.
Petroval: Independence from Yukos rings changes Change in shareholding structure away from the Yukos group to a fully independent structure, has resulted in change for Rotterdam-based bunker supplier.
Falmouth STS: Opponents accused of scare mongering Opponents of a proposed STS scheme accused of scare mongering tactics and failing to provide technical reasons for their objections.
Goldman Sachs predicts four more years of 'super-spike' Analysis says 2005 was only the beginning of an oil price 'super spike' phase, predicts prices above $100 per barrel.
ISO 8217: Suppliers getting ready to make necessary changes Ecuadorian company Navipac in the process of revising relevant documents, and FOBAS says it seems suppliers are getting ready.
Potentially unstable fuels found in ARA ports A bunker alert issued by DNVPS this week warns owners of fuels with off-spec sediment content, as well as indicating presence of cat fines.
Rotterdam: Barge market bids/offers widen
FOBAS urges clients to use new ISO 8217 standard Fuel testers are ready for ISO 8217:2005, but FOBAS says analysis reports will reflect 1996 edition until clients begin ordering bunkers to the new one.
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