Canberra proposes single regulator of export ports THE Australian federal government said yesterday it wants to take control of some of Australia's ports from individual states, in an attempt to reduce delays to valuable export shipments.
UK ports firm P&O up on talk of Temasek interest SHARES in British ports firm P&O Steam Navigation rose yesterday as talk swirled that Singapore investment company Temasek Holdings is building a stake in the company.
Shipping IPOs set for Nasdaq record ARIES Maritime Transport Ltd's plan to sell shares to the public for the first time may make the three months through the end of June the busiest on record for shipping company offerings.
Admiralty Casebook
Sydney court defines 'owner' for arrest purposes AN 'owner' for purposes of the relevant arrest provisions in Australia's Admiralty Act 1988 had to be an owner in the 'proprietary' sense and not just a registered owner in a ship registry, the Federal Court in Sydney ruled recently.
Canberra proposes single regulator of export ports THE Australian federal government said yesterday it wants to take control of some of Australia's ports from individual states, in an attempt to reduce delays to valuable export shipments.
UK ports firm P&O up on talk of Temasek interest SHARES in British ports firm P&O Steam Navigation rose yesterday as talk swirled that Singapore investment company Temasek Holdings is building a stake in the company.
Shipping IPOs set for Nasdaq record ARIES Maritime Transport Ltd's plan to sell shares to the public for the first time may make the three months through the end of June the busiest on record for shipping company offerings.
Admiralty Casebook
Sydney court defines 'owner' for arrest purposes AN 'owner' for purposes of the relevant arrest provisions in Australia's Admiralty Act 1988 had to be an owner in the 'proprietary' sense and not just a registered owner in a ship registry, the Federal Court in Sydney ruled recently.
Pollution body: Larger bunker tanks posing new threat Around half of all oil spill responses involved bunker fuel, figures from pollution body for 2004 reveal.
Norfolk expansion may benefit bunker suppliers As port expands to meet container shipment demand, bunker suppliers expect increased business.
Fuel oil diverted from bunkers to chemicals Oil major says fuel oil previously used to make bunker fuel for ships is being diverted into chemical production.
Lukoil top Russian refiner this month Lukoil has been Russia's biggest oil refiner so far this month, closely followed by Yukos.
FAMM: Fujairah market re-entry imminent FAMM has confirmed that the company temporarily suspended operations in Fujairah, but maintains it could be back in the market "any day".
IBIA calls on industry to comply with spirit of Annex VI The International Bunker Industry Association (IBIA) has called on the bunker industry to comply with the spirit of Marpol Annex VI, in addition to meeting the specific technical requirements laid out in the legislation.
Rotterdam softer with crude, market quiet
Suppliers rush to declare Marpol VI compliance With Annex VI of Marpol 73/78 (Marpol VI) coming into force today, many bunker suppliers around the world have been keen to emphasize that they will provide Marpol VI compliant fuels, documentation and bunker samples, but many continue to have reservations about the regulation's notes on the bunker sampling location.
Singapore: Oil stocks up, no loading congestion expected Singapore's onshore stocks of oil products rose by a total of 394,000 barrels in the past week, while local bunker traders said loading congestion is not expected ahead of this coming long weekend.
Bunker contractors secure contracts Two bunker traders have secured contract agreements with the US Defense Energy Support Center (DESC) to load marine fuels at its respective ports.
GFI/ACM links with McQuilling for US FFA push FREIGHT derivatives brokerage GFI is extended its joint venture with ACM to McQuilling Brokerage Partners for the provision of forward freight agreements in the US.
P&O shares rise on Singapore bid talk Takeover speculation propelled P&O's shares to their highest level for more than four years as unconfirmed reports suggested that Singapore's PSA International is building a stake in the UK ports and ferries group.
Brussels fails to placate Greek owners GREEK shipowners reacted with scepticism yesterday to assurances from the European Commission that there would not be another Captain Apostolos Mangouras case.
Steamship P&I reveals job cuts LEADERS of Steamship Mutual are making a series of job cuts in their London office but are so confident of a steady financial future that they have given notice to cancel a large part of a reinsurance contract protecting their underwriting performance.
Sterling to take post at Maritime Museum LORD Sterling is to become chairman of the National Maritime Museum's board of trustees.
Sørensen to steer United Arab Shipping into global position UNITED Arab Shipping Co is breaking with tradition and appointing a European to run the line, writes Janet Porter.
Owners fear emission implications THERE is growing concern over the implications of the ship emission requirements as set out in Marpol Annex VI, which enters force today
Soerensen moves to UASC KEN Bloch Soerensen has been appointed United Arab shipping Co's new president and chief executive
US hikes China curbs THE US Committee for the Implementation of Textile Agreements has put new limits on Chinese clothing imports, which have buoyed trans-Pacific volumes in recent months
India/Sri Lanka channel goes ahead THE Sethusamudram Ship Canal Project was approved by the Indian government today, which will open up the Palk Straits between India and Sri Lanka
Marina wants foreign investment THE Philippines' Maritime Industry Authority has drafted a plan liberalising the country's overseas shipping industry to attract foreign investments and generate more jobs
PSA bid talk fires P&O shares Stock hits four-year high amid speculation that the parent of PSA of Singapore (left) is building a stake in British transport and ports group.
US imposes limitations on more Chinese textile products The US Commerce Department said on Wednesday that it was expanding the list of quotas imposed on Chinese textile imports, bringing the total number of products restricted to seven.
Ken Soerensen to join UASC as profits reach record levels
Germanischer Lloyd: 'container itself is the limitation' for draught
P&O Ports launches Australian intermodal challenge
New crane gives Danube port hub status
Lloyd Triestino ceases Black Sea coverage
Shift in US policy gives backing to Gwadar development
Shanghai stretches its lead over other Chinese ports
Hanjin takes slots on two Pacific services
Government to take charge of Australian ports
Fraser River box cargo soars
Masan handles first transhipment boxes
Port of London annual review confirms 7.45% unitised growth
Cyprus and Malta off the black list Cyprus and Malta have improved the quality of their fleets enough to drop off the black list of the port ...
NSA misguided on taxes for owners Morits Skaugen, one of the heavyweights in Norwegian shipping, says that the Norwegian Shipowners' Association (NSA) is slightly misguided when ...
Navy Seals interested in Norwegian stealth vessel The US elite commando force Navy Seals has shown renewed interest in the Norwegian designed stealth navy vessel "Skjold" now ...
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