Lines, ports await lull to clear jam, oil machines THE 13 major container carriers operating on the transpacific trade lane say the traditional Chinese New Year slowdown will allow the trade to catch its breath after a frenetic year of record cargo growth as it braces for more growth this year.
Dry bulk rates soften but expected to firm through '05 COSTS for shipping the world's raw materials fell early this week on slower Asian demand, but analysts saw the market firm through 2005 as China continued to dictate trade patterns and prices.
Star Cruises to skip Phuket until Feb-end MALAYSIA's Star Cruises will continue to give tsunami-wrecked Phuket a miss until at the least the end of February, diverting two vessels to Langkawi and Penang instead.
Global orders for LNG tankers hit record last year
Osaka Gas says Oman Shipping may take stake in new tanker
Houston: Demand slumps after busy holiday activity
Suppliers forced onto sidelines in competitive Panama Prices for key product IFO380 comparable with US Gulf Coast prices, say players.
Simple economics helps and hinders South Korean bunker market While better bunker prices in South Korea tempt ship owners away from Japan, Chinese fuel oil demand is a more tempting outlet for Korean refineries than the bunker market.
Volgotanker seizures could hurt Russian exports Russian tanker and barge operator Volgotanker has warned that the seizure of some of its assets by authorities after allegations of tax evasion could affect the country's exports.
ARA market on even keel this morning
Yanbu / Singapore: New shipments on-spec for sodium Latest fuel oil shipments from Yanbu to Singapore have been tested and found to contain less than 100 ppm sodium.
US Justice Department sues Massachusetts over spill bill The state of Massachusetts was being sued yesterday by the US Justice Department for adopting state oil spill laws which are in contravention with federal regulations.
Intertanko: Emissions trading, abatement unsuitable for tankers In an interview for February's edition of Bunkerworld's quarterly magazine, Intertanko explains that emissions capping alternatives are largely unsuitable for the tanker spot market.
Anchor find brings new twist to Athos I oil spill inquiry MORE debris has been detected on the bottom of the Delaware River in the area where the Athos I casualty occurred last November, the US Coast Guard has announced.
USCG sues Massachusetts in anti-pollution bill squabble IN A robust manoeuvre to protect its regulatory turf on oil pollution at sea, the US government has sued the Commonwealth of Massachusetts to strike down a state-level oil spill Bill enacted last summer in response to a 2003 spill in Buzzards Bay, writes Rajesh Joshi.
New EU ship emissions crackdown DRAFT recommendations for the second reading of Europe's marine fuels legislation urge the European Parliament to take a hard line on sulphur content.
Consortia rules to get EC extension THE European Commission is planning to extend shipping consortia regulations for another five years with only minor modifications.
Korea eyes tie-up with Greece SOUTH Korea and Greece are looking to clinch a shipping agreement that would further enhance maritime co-operation
OOCL signs Ningbo agreement HONG Kong's Orient Overseas Container Line is investing in the development of five container berths at China's deep-water Ningbo port
Germany aids Sri Lanka surveying GERMANY'S Hydrographic Office will take over the sponsorship of the Sri Lankan Hydrographic Service following the Indian Ocean tsunami
Historic agreement sees Taiwan carrier seal China port deal Evergreen Group subsidiary, Lloyd Triestino (China), became the first Taiwanese company to invest in a Chinese port after it signed an agreement with Ningbo Port Group on Monday.
Shippers cut carriers loose over anti-trust immunity Shipping lines have often argued that the drive to abolish their block exemption from the EC's competition regulations came from shippers' councils who were out of step with their membership.
Tonnage and short-term charters both rarer, as HR Index continues rise
CN and labour negotiators agree news blackout
UP recovery gathers speed, but network effects ripple out
Guangxi and the ASEAN strengthen regional trade
Rotterdam Port's commercial boss quits
Transpac lines expect 80-85% utilisation during New Year slowdown
US speeds up southern border to FAST setting
World's largest gantry cranes installed at Dubai Port
Team Lines meets high season for reefers with increased Baltic service
Danish Ship Finance to go private The Danish Government has now come up with the proposal to transfer Danish Ship Finance into a limited company by ...
Strategic changes in Golar Golar LNG is reorganising its technical management and up to 20 staff will be made redundant in London. The reorganisation ...
New DFDS Seaways style on cruise ferries DFDS Seaways will spend some EUR 13.5 million (DKK 100 million) over the coming weeks in renovation works on the ...
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