M'sian Northport, Westport to merge? PLANS to merge two of Malaysia's best-run ports in the Klang Valley may create one of Asia's largest container terminals able to handle a total of over five million containers a year.
Panama okays canal fee hike despite industry opposition Despite widespread opposition from the shipping community, the Panama Canal Authority has announced that its proposed hike in transit fees - nearly 63 per cent by 2007 - has been approved by the Panamanian government.
Cargo ship breakdown blocks Suez Canal A Korean-registered cargo ship broke down in the Suez Canal at dawn on Saturday, blocking the passage of at least 40 ships, a canal official said.
LNG tanker fleet needs to expand 34%
Discovery of century-old ferry book supports 2-pilot rule
Peruvian market rocked by sales tax loophole Sales suffering as new law omits traders, brokers and other intermediaries from sales tax exemption.
Management changes at Total
Augusta avails held up by lack of cargo
Bunker market re-entry in Q2 will hit ADNOC exports Abu Dhabi National Oil Company (ADNOC) could re-enter the Fujairah bunker market as early as second quarter.
Qingdao: Blaze aboard fuel barge extinguished Oil operations resume after the blaze aboard a fuel barge was extinguished in the port of Long Kou.
Cape Town MGO hiatus sends demand elsewhere As recent refinery fire causes gas oil shortage for Cape Town, increased demand has been noted off-shore, while traders advise of alternative supply locations.
Low value fuel oil forces Russia to reduce export duties Failure of European high sulphur fuel oil values to match high crude prices prompts government to stimulate buying with duty cut for 50 million tonnes a year export market.
Rotterdam stable ahead of Midday
US Defense extends German purchasing contracts US Defense bunker procurement arm extends its purchase contracts in Germany.
SEAaT launches new environmental solutions portal
Temporary oil price dip predicted before next OPEC meeting Crude prices could dip next month as gasoline stocks come into focus, but rise again if OPEC decides to cut output say market players.
Brokers see red over China iron ore move BEIJING is instituting creeping regulation of iron ore imports, the single greatest driver of the booming capesize market.
Clubs miss target on premium rises MOST of the protection and indemnity clubs seeking premium rises are likely to have fallen below target, according to evidence gathered just ahead of yesterday's renewal deadline.
Bureau Veritas sees benefit of Restis dry bulk deal FRENCH classification society Bureau Veritas has been chosen by Restis Group fleet manager Enterprises Shipping & Trading to class all 32 bulk carriers the Greek shipowner recently purchased from Malaysia International Shipping Corp.
SembCorp plumps up cash buffer for Solitaire payout SINGAPORE shipyard owner SembCorp Industries has taken a further S$215m (US$131m) provision for the long-running legal battle over the termination of the conversion of pipelaying vessel Solitaire a decade ago.
SeaFrance newcomer nears delivery SeaFrance's newbuilding ferry SeaFrance Berlioz is pictured at Chantiers de l'Atlantique.
CSAV opens agency in India COMPANIA Sur Americana de Vapores (CSAV) of Chile, the largest Latin American shipping line, has established an agency in India with 11 offices
Owners support Transchart THE Indian National Shipowners' Association has expressed concerns over the proposed dilution of the role of Transchart, the chartering arm of shipping ministry
Mississippi-Cuba trade pact renewal US PORTS from Texas to Virginia are vying for existing and future trade with Cuba as the state of Mississippi re-staked its claim this week to be a major player in that trade
Shipyard strikers attack police SPANISH workers from private shipyard Naval Gijon in northern Spain yesterday launched fireworks at police during protests over new redundancy measures at the yard
Watchdog hits port security grants Report by Homeland Security says program lacked clear priorities that hampered efforts to allocate money where it would best serve needs.
Carriers to ration imports to Vancouver Most carriers at Vancouver's heavily-congested Deltaport have agreed to cut Asian import-cargo by 25% a week over four weeks from February 28, in an attempt to eliminate the persistent backlog.
Clouded Hong Kong sunrise for PSA in Year of the Rooster? PSA International's (PSAI) latest Hong Kong bid has been surrounded by conflicting reports over whether one or both of the deals with NWS Holdings can be challenged.
US import limits slow down export growth of Chinese textiles
Hamburg pumps an extra '262m in port expansion through 2009
Steady Auckland expands in container logistics
Kandla Port box-terminal privatisation next month
New ICF link from Germany to Austro-Hungarian border
Freight rates for SE Asian services likely to rise twice
Australian rail wants its investment share
Hanjin Shipping sets up logistics joint venture in Vietnam
EU suggests oil price band of USD 30'35 The EU has informally suggested to OPEC that they should adopt a new oil price band of USD 30'35 ...
EU gloomy on upcoming shipyard meeting The European Union, South Korea, Japan and China meet in Paris next week to try to agree on international trading ...
Third grounding in Danish waters in one week Last night another ship grounded in Danish waters. It was the Faroese-flagged "Tone", which was on its way to ...
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