US$10b plan to revamp Indian ports INDIA plans to pump US$10 billion into development of its container terminal facilities at ports across the country, as part of a new national maritime policy.
NOL, others to raise rates on some products NEPTUNE Orient Lines , Mitsui OSK Lines and 11 other shipping lines plan to raise rates on rubber items, canned food and other commodities shipped from the US to Asia on growing demand.
14 missing as S Korean cargo ship sinks NORTH Korea approved an unprecedented search and rescue operation by South Korea's coastguards in its waters after a cargo ship sank off the communist country's east coast, officials said.
350 passengers leave stranded cruise liner
Hyundai Heavy's '04 orders cross US$13b
Admiralty Casebook
Specify sum insured: court THE phrase 'sum insured' is not enough to make a marine insurance policy an 'agreed value' policy under the UK's Marine Insurance Act 1906, the English Commercial Court ruled last week.
US$10b plan to revamp Indian ports INDIA plans to pump US$10 billion into development of its container terminal facilities at ports across the country, as part of a new national maritime policy.
NOL, others to raise rates on some products NEPTUNE Orient Lines , Mitsui OSK Lines and 11 other shipping lines plan to raise rates on rubber items, canned food and other commodities shipped from the US to Asia on growing demand.
14 missing as S Korean cargo ship sinks NORTH Korea approved an unprecedented search and rescue operation by South Korea's coastguards in its waters after a cargo ship sank off the communist country's east coast, officials said.
350 passengers leave stranded cruise liner
Hyundai Heavy's '04 orders cross US$13b
Admiralty Casebook
Specify sum insured: court THE phrase 'sum insured' is not enough to make a marine insurance policy an 'agreed value' policy under the UK's Marine Insurance Act 1906, the English Commercial Court ruled last week.
Piraeus IFO avails rapidly recovering from New Year shortage Suppliers in Piraeus say avails are improving every day following recent supply issues.
Italian Bunker avails improving on supplier by supplier basis
Lion republic shows build in residual fuel inventories Onshore stocks of residual fuels in Singapore showed a build ths week after last week's large draw.
BP Marine re-starts Cyprus operations one month early BP Marine is set to re-launch its bunker operations in Cyprus tomorrow, one month ahead of schedule.
US gasoline stocks on track for next driving season The US Department of Energy says healthy builds in gasoline inventories may prevent a repeat of price spikes seen in 2003 and 2004.
Oil prices ease after US oil inventory gain Oil prices ease after unexpectedly big crude oil inventory build in the US, but analysts warn that cold snap plus concerns about supply from OPEC and Iraq could prove supportive.
Volgotanker wins reprieve from Court of Arbitration Russian tanker and barge operator Volgotanker says that the company has won a reprieve, after appealing against allegations from the state that the company owed $23 million in back taxes.
Rotterdam market soft after crude plunge
DOE and API at a glance: This week's US inventory figures
Chemoil signs low sulphur term contract with Maersk San Francisco based global bunker supplier Chemoil has signed a contract with Maersk to supply what is so far believed to be the largest ever low sulphur bunker contract.
Greek court freezes Stelmar chief's shares STELMAR Shipping's $1.3bn merger with Overseas Shipholding Group was overwhelmingly approved by Stelmar shareholders yesterday even as management faced new volleys of criticism in the wake of a Greek court injunction against Stelmar's chief executive Peter Goodfellow.
Aurora fiasco has P&O Cruises facing £22m compensation bill A £22.8m ($43m) bill for compensation faces P&O Cruises after it was forced to abandon a world cruise aboard the 76,152 gt Aurora due to propulsion problems.
EU's port directive slammed as 'bureaucratic' and 'rigid' EUROPEAN seaports have revealed a long list of problems with the European Union's draft access to port services directive.
US courts refuse Filipino claims A US federal appeals court has ruled that financial claims relating to Filipino seafarers who died or were injured in the 2003 explosion on the steamship Norwaycannot be pursued in the US but must revert to their homeland.
OSG's Stelmar bid is approved SHAREHOLDERS of Stelmar Shipping have overwhelmingly approved Overseas Shipholding Group's $48/share offer for the company
Rotterdam sacks commercial manager THE Port of Rotterdam gave its manager of commercial affairs, Paul Mittertreiner, one day to clear his desk yesterday
Dutch to fund Lanka harbour repair DUTCH aid is expected to fund repairs to Kankesanturai harbour in northern Sri Lanka, which was damaged by the 26 December tsunami
Ghost fleet appears in court GHOST fleet impact on residential property values landed the dwindling armada of rusting hulks in federal court yesterday
No Norway compensation in US PLAINTIFFS suing Norwegian Cruise Line following the fatal boiler explosion on the Norway in May 2003 must seek compensation in the Philippines, not America
Bidders sought for Indian contracts INDIAN Ports Association has invited global firms to apply for pre-qualification to design, manufacture and commission cargo handling and marine equipment
Congested Vancouver box terminal declares 'force majeure' With some 10,000 containers grounded at Deltaport, Vancouver's largest box terminal, due to an escalating rail backlog, operator TSI Terminal Systems has declared force majeure.
Consortia rules to be renewed as EC set to call time on conferences Any doubts that the EC would scrap liner shipping's block exemption to European anti-trust law will have been dispelled by this week's publication of responses to last year's White Paper.
North American railways agree efficiency deal
Los Angeles reveals 1.98% full-year growth, after December fall
Australian intermodal hit by wagon shortage
Port of Oakland imports rise during record 2m TEU year
Auckland downplays PONL dispute
Logistics companies invited to take 'competitive edge' in Kalahari Corridor
Carriers throw more weight into UK tonnage-tax regime
US ports welcome maritime policy 'focus', but continue focus on funding
Notice of strike on Swedish vessels The Swedish Merchant Marine Officer's Association (Sjöbefälsförbundet) and the Swedish Ship Officers' Association (Sveriges Fartygsbefälsförening) has filed notices of strike ...
Color Line seeks Norwegian seafarers Norway's biggest ferry operator Color Line seeks 200 Norwegian seafarers to man "Prinsesse Ragnhild" when the vessel starts its new ...
Fjord Line retain Norwegian seafarers Fjord Line and Norwegian Seamen's Union (NSU) has reached an agreement allowing nearly 500 Norwegian seafarers to retain their jobs ...
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