Maritime sovereignty issue scuttles outside help offers CONCERN over maritime sovereignty has again scuttled outside offers of help in fighting piracy in the vital Malacca Strait after Malaysia reiterated its long standing position that the three littoral states are solely responsible for the waterway.
Seacor to buy Seabulk Int'l for US$532m SEACOR Holdings Inc has agreed to buy Seabulk International Inc for about US$532 million in stock and cash in a merger of oil tanker operators.
Admiralty Casebook
Charterer need not pay for barnacle removal A SHIPOWNER that time chartered its vessel on terms that included very wide geographical trading limits could not later ask the charterer to pay to remove barnacles from the vessel's hull, an English court ruled last month.
Port Shots
Port Shots GENERAL Maritime Corp, the second- largest US-based owner of oil tankers, said the US government is investigating a possible illegal discharge of waste oil in international waters by one of its vessels.
Maritime sovereignty issue scuttles outside help offers CONCERN over maritime sovereignty has again scuttled outside offers of help in fighting piracy in the vital Malacca Strait after Malaysia reiterated its long standing position that the three littoral states are solely responsible for the waterway.
Seacor to buy Seabulk Int'l for US$532m SEACOR Holdings Inc has agreed to buy Seabulk International Inc for about US$532 million in stock and cash in a merger of oil tanker operators.
Admiralty Casebook
Charterer need not pay for barnacle removal A SHIPOWNER that time chartered its vessel on terms that included very wide geographical trading limits could not later ask the charterer to pay to remove barnacles from the vessel's hull, an English court ruled last month.
Port Shots
Port Shots GENERAL Maritime Corp, the second- largest US-based owner of oil tankers, said the US government is investigating a possible illegal discharge of waste oil in international waters by one of its vessels.
Maritime sovereignty issue scuttles outside help offers CONCERN over maritime sovereignty has again scuttled outside offers of help in fighting piracy in the vital Malacca Strait after Malaysia reiterated its long standing position that the three littoral states are solely responsible for the waterway.
Seacor to buy Seabulk Int'l for US$532m SEACOR Holdings Inc has agreed to buy Seabulk International Inc for about US$532 million in stock and cash in a merger of oil tanker operators.
Admiralty Casebook
Charterer need not pay for barnacle removal A SHIPOWNER that time chartered its vessel on terms that included very wide geographical trading limits could not later ask the charterer to pay to remove barnacles from the vessel's hull, an English court ruled last month.
Port Shots
Port Shots GENERAL Maritime Corp, the second- largest US-based owner of oil tankers, said the US government is investigating a possible illegal discharge of waste oil in international waters by one of its vessels.
New Colombian partnership surging ahead New partnership makes gains in market share as Colombia's bunker industry looks to improve services in light of increased international scrutiny.
Rotterdam market firm with crude surge
Crude and cargo exports keep Korean market tight and firm Demand quiet in South Korea amid tight avails as refiners exploit export margins.
Terminals to take advantage of legislatory delays New international rules cutting sulphur content has prompted ship fuel suppliers to think about increasing their loading capacity at terminals in North Sea ports.
DOE & API at a glance: Latest US oil inventory figures
Charterers clamber for business following OPEC decision Charter rates for VLCCs have climbed on the back of strong demand this week as refiners and oil companies charged forward to fix tankers.
Crude hits new high as Saudis hint at revised price band Ali al-Naimi, the Saudi Oil Minister, claims: "Current oil price levels of $55 are high and we want prices to be between $40 and $50 a barrel."
Hueneme eyes naval solution to congestion AN UNDER-UTILISED military base near Los Angeles is being touted as the site of a large new port complex that could relieve California's heavily-congested transport network.
Brussels oil spill law defence fails to convince owners LEGAL experts for shipowners and salvors reacted coolly yesterday to a European Commission clarification on the intent of its proposed oil spill directive, which, it is feared, will lead to seafarer criminalisation, writes Rob McKay and Helen Hill.
Seacor buys Seabulk in $1bn takeover SEACOR Holdings is to buy Seabulk International in a $1bn deal that will create a new force in the US maritime transport arena.
Kvaerner to hand US yard ownership to subsidiary KVAERNER plans to change the label on its Philadelphia shipyard by "selling" it to a proposed wholly owned subsidiary, provisionally named American Shipping Corp, writes Rajesh Joshi.
EU transport chief Barrot hits back at critics of marine pollution proposal EUROPEAN Commission Vice-President and Transport Commissioner Jacques Barrot has flatly rejected claims that the proposed new EU directive bringing in penal sanctions for accidental marine pollution will have the effect of criminalising seafarers.
Kvaerner follows Maersk Line to US FOLLOWING success by AP Møller in finding loopholes for non-US firms to enter the American market, Norway's Kvaerner seems to now be in the hunt, Fairplay has learned
HMM wipes out losses A buoyant shipping market riding the China boom saw Hyundai Merchant Marine wipe out losses suffered in 2003
Genmar in illegal discharge probe GENERAL Maritime has now joined two fellow US-based tanker companies in falling foul of the Justice Department and its enforcement of illegal oil discharges
UK budget 'good sign' for shipping OWNERS of both UK dredgers and offshore support vessels deployed in the North Sea may be able to benefit from an extension of the UK tonnage tax regime
Flecha contracts in line with POEA CARDIFF Marine, Athens-based owner of the bulk carrier Flecha, says it has been 'upset' by allegations made by some of the seafarers on board
Diamond fire stimulates cruising THE 2002 fire on board the cruise ship Diamond Princess appears to have stimulated enormous interest in cruising among the Japanese
The Hague admits 18-month Maasvlakte setback Construction of the second Maasvlakte will be delayed by about 18 months, Dutch transport minister Karla Peijs said today, contradicting her late-January statement that it could start by March 2006.
Australian union claims twistlock victory The Maritime Union of Australia (MUA) is claiming another win for its 'national twistlock campaign' after MISC agreed to replace manual twistlocks of all their Australia-trading containerships this month.
EximBank: India textile-exports will hit $70bn by 2014
Swedish flag grew 2004 The number of Swedish-flagged vessels over 100 GT increased last year by eight to 434 ships of 3.6 million ...
New inquiry into the sinking of "Estonia" The Swedish government has decided to award SEK 8 million (EUR 0.9 million) to a research project into why "Estonia ...
Swedes charter Danish tugs Wirens Rederi of Piteå, Sweden, has taken two Danish tugs on timecharter for operations in the Baltic area. The tugs ...
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