US anti-terror funds not reaching key ports THE US programme to protect ports from terror attacks is distributing its limited funds without a full understanding of which ports are most vulnerable and which projects are most important, a government report says.
Teekay's Q4 profit surges 34-fold on record rates TEEKAY Shipping Corp, the world's largest mid-size oil tanker owner, said fourth-quarter profit soared 34-fold as increased production from Opec members helped boost shipping rates to records.
97 injured in HK ferry crash A high-speed passenger ferry on its way to mainland China collided with a cargo boat in Hong Kong, injuring 97 people, four of them seriously, government spokesmen said.
Transpacific lines warned of rise in human smuggling
Admiralty Casebook
Pan-United's writ to seize vessel renewed FOR the second time in the past year, Singapore's Pan-United Marine Ltd has been successful before the Australian Federal Court in Perth in renewing writs in rem to arrest vessels to enforce general maritime claims for monies owed to it.
Port Shots
PORT SHOTS THE UK's Port of London has announced that 2004 was its most successful year since 1998.
US anti-terror funds not reaching key ports THE US programme to protect ports from terror attacks is distributing its limited funds without a full understanding of which ports are most vulnerable and which projects are most important, a government report says.
Teekay's Q4 profit surges 34-fold on record rates TEEKAY Shipping Corp, the world's largest mid-size oil tanker owner, said fourth-quarter profit soared 34-fold as increased production from Opec members helped boost shipping rates to records.
97 injured in HK ferry crash A high-speed passenger ferry on its way to mainland China collided with a cargo boat in Hong Kong, injuring 97 people, four of them seriously, government spokesmen said.
Transpacific lines warned of rise in human smuggling
Admiralty Casebook
Pan-United's writ to seize vessel renewed FOR the second time in the past year, Singapore's Pan-United Marine Ltd has been successful before the Australian Federal Court in Perth in renewing writs in rem to arrest vessels to enforce general maritime claims for monies owed to it.
Port Shots
PORT SHOTS THE UK's Port of London has announced that 2004 was its most successful year since 1998.
US anti-terror funds not reaching key ports THE US programme to protect ports from terror attacks is distributing its limited funds without a full understanding of which ports are most vulnerable and which projects are most important, a government report says.
Teekay's Q4 profit surges 34-fold on record rates TEEKAY Shipping Corp, the world's largest mid-size oil tanker owner, said fourth-quarter profit soared 34-fold as increased production from Opec members helped boost shipping rates to records.
97 injured in HK ferry crash A high-speed passenger ferry on its way to mainland China collided with a cargo boat in Hong Kong, injuring 97 people, four of them seriously, government spokesmen said.
Transpacific lines warned of rise in human smuggling
Admiralty Casebook
Pan-United's writ to seize vessel renewed FOR the second time in the past year, Singapore's Pan-United Marine Ltd has been successful before the Australian Federal Court in Perth in renewing writs in rem to arrest vessels to enforce general maritime claims for monies owed to it.
Port Shots
PORT SHOTS THE UK's Port of London has announced that 2004 was its most successful year since 1998.
Vopak Horizon Fujairah opens first dedicated bunker pier "This is the first major step in bunker logistics for Vopak Horizon," General Manager for the Fujairah terminal told Bunkerworld.
New licensing system welcomed by Turkish suppliers Newly-introduced Petroleum Act, to be introduced in April, will see swathe of companies working in the petroleum and oil product sector apply for a license to operate.
IFO avails return to Port Said, Suez remains dry Light at end of tunnel for suppliers and shipowners as supplies of IFO180 are earmarked for bunker market in Port Said after lengthy lay-off.
Singapore fuel oil inventories reach 35-week high
Oil firm on raised OPEC demand forecast OPEC's raised demand forecast reduces impact of bearish US inventory figures.
Containership leaking bunkers off Tunisian coast Clean-up operations are underway along the Tunisian coast after a 563 TEU containership ran aground.
Rotterdam firm with crude
Lubmarine develops new lubricant for low sulphur fuels Total Lubmarine has developed a new marine lubricant, specifically designed for use with low-sulphur fuels, currently available in Europe with wider distribution expected soon.
Australia: Marketing and sales manager to retire After 22 years in the bunker industry, marketing and sales manager to retire in April.
Vafias emerges as key DryShips investor after Brave Bulk sale THE Vafias shipping family of Greece has emerged as a leading shareholder in newly floated DryShips, headed by fellow Greek shipowner George Economou, just as it has concluded the sale of its own dry bulk operating arm, Brave Bulk Transport, to Middle Eastern interests.
Bureau Veritas sounds alarm over FPSO vessel cracks CRACKS detected in floating storage and production offloading vessels designed to remain on site without drydocking for 25 years have prompted new structural rules from a leading classification society.
P&I rates set to rise for sixth year FURTHER P&I rate increases are likely for the sixth successive year at this weekend's renewal "as a buffer against increasing shipowner liability exposure, claims inflation fuelled by a buoyant shipping sector and general volatility and uncertainty surrounding major losses", says ratings firm Standard & Poor's.
Hamburg Süd eyes Romania yard deal GERMAN container line Hamburg S'd is close to ordering post-panamax containerships in Europe as Korean yards run out of space.
Concor takes 15% of Vallarpadam CONTAINER Corp of India will own 15% of Dubai Ports International's India Gateway Terminal, which is setting up the $480M Vallarpadam terminal
Alianca re-launches Brazil-US route BOOMING exports from Brazil and Argentina to the US has led to Alianca, Hamburg Sud's Brazilian subsidiary, expanding its service to a weekly schedule on the route
Panama OKs higher Canal tolls Container lines will be paying more to transit the Panama Canal as of May 1 when a new pricing system is slated to go into effect.
Panama sets final containership-transit pricing Panama's Cabinet has finally approved a charging-system for boxship-transits of the Panama Canal which will result in an 68.75% increase in the next two years.
HK terminals outside Kwai Chung see throughput drop for sixth month Hong Kong terminals outside Kwai Chung saw a decline in cargo-volumes for the sixth month in a row in January, though Kwai Chung managed to achieve 16.7% year-on-year growth.
Pacific service slings back into Los Angeles
South Africa concessions 'on again'
Concor and Transworld pick up stakes in DPI Vallarpadam project
Ambre light for PONL-CSAV service, as ABEX gets the go
P&O Ports boosts Australian terminals
Heung-A to launch Korea/Japan service
Rail networks of Eurasia ' unite
China's foreign trade sees continued growth
Another deepsea operator looks at eastern Baltic market
SITC aims for Top 40
Ship collision in Hong Kong fog injures nearly 100
Ice tankers for 4.4 billion dollars During the last year, shipping investors have placed newbuilding orders for USD 4.4 billion, according to a new report from ...
Earnings slump at Aker Yards Aker Yards took a severe hit as pre-tax profits fell to NOK 236 million (EUR 28.2 million) last year ...
Fjord Line suffer from increased competition Fjord Line in Bergen has announced losses of NOK 27.7 million (EUR 3,3 million) for last year in an increasingly ...
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