Kawasaki Kisen plans to rely less on container shipping KAWASAKI Kisen Kaisha Ltd, Japan's third-largest shipping company, said that it plans to carry more iron ore, oil and other materials to cut its dependence on container cargo shipments.
Hutchison in venture to build 10 Oman berths HUTCHISON Whampoa Ltd, the world's biggest port operator, will help build and operate 10 container berths in Oman as it expands in the Middle East.
Capacity shortage pushes gas tanker freight rates to record high THE cost of shipping liquefied petroleum gas on tankers loading 30,000-60,000 cubic metres has risen to a record high because of a shortage of vessels.
Patrick H2 net falls as oil hurts Virgin Blue 18
Admiralty Casebook
No damages for destroyed bananas THE consignee of a cargo of uninsured bananas has lost a court action in England to recover damages from a bank that arrested the vessel carrying them after the bananas had to be destroyed following the arrest.
Kawasaki Kisen plans to rely less on container shipping KAWASAKI Kisen Kaisha Ltd, Japan's third-largest shipping company, said that it plans to carry more iron ore, oil and other materials to cut its dependence on container cargo shipments.
Hutchison in venture to build 10 Oman berths HUTCHISON Whampoa Ltd, the world's biggest port operator, will help build and operate 10 container berths in Oman as it expands in the Middle East.
Capacity shortage pushes gas tanker freight rates to record high THE cost of shipping liquefied petroleum gas on tankers loading 30,000-60,000 cubic metres has risen to a record high because of a shortage of vessels.
Patrick H2 net falls as oil hurts Virgin Blue 18
Admiralty Casebook
No damages for destroyed bananas THE consignee of a cargo of uninsured bananas has lost a court action in England to recover damages from a bank that arrested the vessel carrying them after the bananas had to be destroyed following the arrest.
Germany joins onslaught on Brussels' draft ports directive GERMANY launched a broadside against the European Union port services directive yesterday at a high level conference in Brussels.
Bullish Goldenport prices London offering GREEK shipowner Goldenport Holdings yesterday announced a price range of 275p-325p for its London initial public offering and forecast strong profit growth for the year.
Hamburg rivals set to go head to head in Atlantic box battle HAMBURG Süd is said to be putting the finishing touches to a new service across the Atlantic that could place it in direct competition with national rival Hapag-Lloyd for the first time.
Dutch partners land $2bn Qatar port building contract QATAR Petroleum Co has awarded a $2bn liquefied natural gas port building project to a joint venture of Royal Boskalis Westminster and Jan de Nul, Boskalis revealed yesterday.
Aegean aims for $160m from New York listing BUNKER supplier Aegean has unveiled plans to float 10m common shares priced between $14 and $16, raising as much as $160m if the issue is priced at the top end of expectations, writes Neville Smith.
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?
Maersk, K Line agree to cut THC LINER majors Maersk and K Line have finally agreed to comply with the Indonesian government's instruction to reduce the terminal handling charge (THC), although the amount remains slightly higher than set by the government
Focus on seafarers' welfare THE International Labour Federation will introduce a consolidated maritime convention on seafarers' welfare in February 2006
China aims to be top builder by 2015 CHINA is to aggressively expand shipbuilding capacity with the aim of being "number one in the world," the International Maritime Industries Forum in London was told
AMA expands transport stake AMA Capital Partners has acquired PLM Financial Services, the general partner in four publicly traded funds holding controlling interests in tankers and bulk carriers
Karlog Shipping pleads guilty KARLOG Shipping and two of its crew have pleaded guilty to making false statements to the US Coast Guard in connection with a hidden oily waste separator bypass valve
Caribbean rates surge EASTBOUND freight rates from the Caribbean and north coast of South America to Europe will rise sharply from 1 January 2006
Billions needed to expand So. Calif. capacity, freight industry told Economic health of the U.S. depends on investment to expand import gateway's port and intermodal capacity, experts tell conference.
PSA parent co-founds Russian investment fund PSA parent Temasek Holdings has joined with Russian investment bank Troika-Dialog to found a mid-cap investment fund targeting logistics and other sectors, as logistics-infrastructure needs grow, especially in St Petersburg.
New river port to reduce Yangshan export costs Jiangying in the province of Jiangsu and central Yangtze River Delta will see a new 1m TEU container terminal in five years, reducing costs for goods exported from Yangshan Port.
Guam set to choose preferred bidder in port tender
Aschaffenburg prepares direct intermodal links to German and Benelux seaports
Rotterdam boxes outperform overall growth, but empties increase
Maersk Sealand keeps position atop the PIERS ladder
Sustained freight rates and volumes hold up RCL earnings
Hapag and CP Ships to launch Australasia services
India's Railway Ministry sets up freight corridor advisory panel
Rederi AB Gotland and Torm order tankers Rederi AB Gotland and its Danish pool partner A/S Torm have ordered three ice-strengthened tankers at Guangzhou Shipyard ...
Frontline postpones stock sale Due to a weaker market for shipping shares in the US, Frontline has decided to postpone the sell-out of ...
Best summer ever for the Coastal Express The six OVDS-owned vessels in the Norwegian Coastal Express (Hurtigruten) service had a berth occupancy of 97 per cent ...
Ports misled over 1.5% availability Port Vancouver and Seattle not realising the limits on 1.5% availability, sources saying.
Oil executives accused of Congress lies Democrats seeking US attorney general investigation into oil executives' congressional testimony.
ConocoPhillips to spend $5 billion on refineries Company looking to expand refining capacity with long-term investment plans.
New database aimed at bringing transparency to oil market International Energy Forum to launch database providing data from over 90 countries, but analysts have some doubts about accuracy.
PRAXIS: Daily bunker market report
Varying reports emerge on EGPC fuel oil plans The Egyptian General Petroleum Company seems to have an unusual glut of straight run fuel oil, which may benefit the country's bunker market.
Saudi H1 fuel oil contract seen going to Fujairah bunker market Saudi Aramco has concluded two out of three fuel oil term supply deals, with two expected to supply marine fuel hubs.
Rotterdam continues firm with heavy commitments
Leading ARA barge operator launches new 'princess' Alexia, named after the youngest princess of the Netherlands, is the eight double-hulled bunker barge owned or operated by FTS Hofftrans.
Singapore: Residual fuel up, distillates down
Low-speed diesel engines comply with MARPOL VI W'rtsil' has introduced low smoke emission marine diesel engines to be fully compliant with MARPOL Annex VI regulations.
Bunker costs blamed for lower profits Greek ferry operator has blamed rising bunker fuel costs for the company's dip in profits in the latest quarter this year.
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