New security rules for US-bound cargo in works Container shipping lines have been warned that bill of lading information for US-destined cargo will no longer be considered adequate by US authorities, which are likely to implement new requirements by year-end, according to the head of the World Shipping Council.
Aussie regulator should block Toll bid: Patrick AUSTRALIA's competition regulator should block a hostile A$4.6 billion bid for Australia's biggest port operator, Patrick Corp Ltd, from transport firm Toll Holdings Ltd, Patrick's chief executive said yesterday.
Farm group asks Bush to waive shipping law THE largest US farm group will urge the White House to allow foreign vessels to transport US corn and soybeans from ports damaged by Hurricane Katrina, an industry official said on Friday.
Read the runes on Imarex says Carnegie NORWEGIAN investment bank Carnegie has initiated coverage on derivatives exchange Imarex with a bullish assessment of its future prospects.
APM Terminals seals Dunkirk box port deal THE Maersk group's APM Terminals is to take over operation of Dunkirk's Nord France container terminal after winning out over competition from the CMA CGM shipping group and Australia's International Infrastructure Management partnered by the UK's PD Ports.
US flag owners oppose Jones Act extension THE US-flag shipping industry came out strongly last week against extending the waiver of the Jones Act for coastwise petroleum product shipments granted in Hurricane Katrina's aftermath, which was scheduled to expire at midnight yesterday.
Katrina disaster impact to top agenda at IUMI in Amsterdam ENERGY and marine underwriters will discuss ways of tightening cover in the wake of Hurricane Katrina, as delegates begin the 2005 meeting in Amsterdam this week of the International Union of Marine Insurance, writes James Brewer.
Silja's Finnjet goes out on a high as hurricane aid ship SILJA Line is going to send its soon-to-be discharged Finnjet to New Orleans as emergency shelter.
Silja Line situation 'serious' SEA Containers, the Bermuda-based company planning to restructure its ferry division, is in "a serious situation", the head of its largest ferry unit has admitted
Venezuela struck off 'drug ally' list VENEZUELA has been dropped from the US 'list of allies' in the drug war, having 'failed demonstrably' to stop illicit drugs flowing through it en route to the US and Europe
Novoship battle takes new twist THE fight over who will control Novorossiysk Shipping Company (Novoship), Russia's leading tanker operator by fleet size and asset value, took a new direction today
Navios touts consolidation platform NAVIOS chief executive Angeliki Frangou has underlined her company's potential to consolidate the dry bulk sector
Customs may require earlier import data Agency is mulling move designed to improve targeting of risky container shipments, says Chris Koch, chief executive of World Shipping Council.
Hapag-Lloyd CEO Adrion to chair World Shipping Council
Maersk agrees to pay South China's port security charge Maersk Sealand, which will charge shippers in Shenzhen and Hong Kong a RMB50 (US$6)/box port security charge on October 1, will start paying all terminals in the region simultaneously.
Van Slobbe turns down offered Maersk move Rutger van Slobbe is to leave P&O Nedlloyd (PONL)/ Maersk Line by early next year, stating that he does not favour the offered move to Copenhagen, for personal reasons.
Dunkirk terminal awarded to APMT
New cranes defuse carrier surcharge threat at Mombasa
Fock to take over PSAI Chairmanship as Lee steps down
CMA CGM wraps up SudCargos acquisition
China and US to talk again
HK growth slows again in August
Hanjin, K Line and Yang Ming launch Med service
Lloyd Triestino starts North Africa feeder route
Privatise passengers, freight and infrastructure together, DB board advises
Saade strikes again French state-controlled SNCM has sold its interest in ro-ro operator Sudcargos to CMA CGM.
Waive Jones, beg farmers US farmers want to use foreign-flag ships for domestic movements of some agricultural products through year's end.
Graig goes for smaller handies Hugh Williams-led Graig confirms rumours of something afoot in Vietnam with news of up to eight 34,000-tonners plus six larger vessels.
Leventis seeks Unity Greek shipping and trading group emerges as key bidder in Nigerian shipping privatisation.
CMB revises earnings Marc Saverys-led CMB has cut its half-year result by EUR 13.6m ($16.6m) after figuring its taxes.
Two run for Novoship Sovcomflot executive Sergei Teryokhin is government candidate to head rival Russian shipping venture.
Silja Katrina windfall Ferry Finnjet on way to lay-up is diverted to Louisania to help local hospitals.
Secret bidding round for the Gotland ferry koncession Yesterday was the last day for prospective operators to file their applications to participate in the tender for the domestic ...
Herning signs up for four newbuildings Herning Shipping has signed up for a series of four newbuildings from a Turkish shipyard in the first series ever ...
Few vessels fixed during Jones Act waiver Only very few foreign flag product tankers have been fixed for US coastwise trade under the suspension of the Jones ...
USEC ports 'open for business' Wilmington and Norfolk fully operational as hurricane Ophelia heads out to sea.
Trafigura in new deal with KIC Swiss trader continues expansion of its Asian fuel oil cargo and bunker business through new deal with Malaysian firm.
Lube buyers forced to compromise quality, change fuel specs Marine lubricant buyers asked to substitute cylinder oils for lower base number products usually deemed incompatible, resulting in a need for fuels with lower sulphur content.
Cruising through troubled waters Cruise liners appear well equipped to stay profitable despite fuel price gains and hurricane devastation.
Tax hike expected to choke Russian fuel oil exports Resurgence in Chinese demand corresponding with anticipated drop in Russian fuel oil exports, putting more pressure on other supply sources.
Rotterdam market steady late morning
NT Marine: New CEO formally announced
Oil prices drop slightly on slowing demand World oil prices dropped below $65 in New York last night on forecasts by OPEC that global demand for oil is slowing down.
Hong Kong: Active market fuels strong demand Hong Kong's bunker market has been bustling with activity this week as bunker traders reported high level of enquiries.
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