Tackle kidnapping in Malacca Strait now: security executive THE rising trend of kidnap for ransom in the Malacca Strait must be stamped out urgently, before the problem becomes endemic like in South and Central America, says a Singapore-based security executive.
Armed decoy tugs mooted to deter pirates A Singapore-based tug and barge operator has suggested using decoy tugs manned by the littoral states' armed forces to help curb piracy in the Malacca Strait, which he warned may rise after a lull through much of this year.
World dry-bulk fleet set for record growth THE world's fleet of ships carrying commodities such as coal and iron ore is headed for a record expansion this year as new vessels are delivered from yards, according to shipbroker Simpson, Spence & Young.
Global trade boosts Orient Overseas' Q3 sales
Admiralty Casebook
Bunker supplier's action fails due to Greek law provisions A US appeals court has thrown out a bunker supplier's action for unpaid fuel because Greek law does not recognise in rem action against a vessel to enforce maritime liens for the provision of necessaries such as fuel oils and bunkers.
Tackle kidnapping in Malacca Strait now: security executive THE rising trend of kidnap for ransom in the Malacca Strait must be stamped out urgently, before the problem becomes endemic like in South and Central America, says a Singapore-based security executive.
Armed decoy tugs mooted to deter pirates A Singapore-based tug and barge operator has suggested using decoy tugs manned by the littoral states' armed forces to help curb piracy in the Malacca Strait, which he warned may rise after a lull through much of this year.
World dry-bulk fleet set for record growth THE world's fleet of ships carrying commodities such as coal and iron ore is headed for a record expansion this year as new vessels are delivered from yards, according to shipbroker Simpson, Spence & Young.
Global trade boosts Orient Overseas' Q3 sales
Admiralty Casebook
Bunker supplier's action fails due to Greek law provisions A US appeals court has thrown out a bunker supplier's action for unpaid fuel because Greek law does not recognise in rem action against a vessel to enforce maritime liens for the provision of necessaries such as fuel oils and bunkers.
IACS and Greeks go head-to-head on rules BLOODLETTING appeared to be avoided on Thursday during eight hours of talks in which Greek shipowners and more than a dozen representatives of classification societies aired their differences on proposed common structural rules for tankers and bulkers.
Branson signals cruise venture SIR Richard Branson plans to "do to cruising what he has done to the airline business". The British entrepreneur is to unveil results of talks with Miami executives about "alliances" with US cruise entities in three to four months.
Reliance plans to spend $1bn in 25 ship spree Mukesh Ambani-controlled Reliance Industries is to spend Rs50bn ($1.11bn) to acquire 25 ships, a combination of chemical tankers, crude oil carriers, gas carriers and product tankers, writes Shirish Nadkarni in Mumbai .
Teekay Corp to decamp Canadian ship teams Vancouver-based Teekay Shipping Corp is making plans to relocate three of its ship teams, presently based in its head office, to Singapore, Houston and Glasgow, writes Michael Grey .
Talisman poised to take over North Sea explorer Paladin IN WHAT is set to be the latest of a series of takeovers of independent oil and gas companies, Talisman Energy has agreed terms of a recommended cash offer for all of British oil and gas producer Paladin Resources' share capital.
Wilma closes Yucatan cruise ports MAJOR cruise ports at Cozumel and Cancun on Mexico's Yucatan Peninsula are shut today as Hurricane Wilma bears down on the region with at least 13 deaths already in its wake
Shipper negligence blamed for blaze US-based shipper PPG Industries has been found liable for the fire that gutted the 1,500 TEU container ship DG Harmong in November 1998
Cristobal expansion underway PANAMA Ports Co, a subsidiary of Hutchison Port Holdings, has started a $200M expansion of the Atlantic port of Cristobal
Shipping windfall for World Cup 2007 THE World Cup cricket tournament in March 2007 is already having significant shipping impact in the Caribbean and trade implications will spread
Caribbean-wide cruise policy sought GOVERNMENT ministers speaking at this week's Caribbean Shipping Association conference in Barbados called for a region-wide policy on cruise shipping
LR posts '20M profit in tough year LLOYD'S Register has posted an operating profit for the six months to 30 June of £20.1M ($35.5M) with group income up just 1.4% at '371.8M
S. Fla. ports prepare for Wilma's winds As new hurricane threatens Gulf region, Coast Guard orders South Florida ports and terminals to prepare for gale-force winds.
U.S., Canada sign for CSI
UPS profit higher, maintains positive outlook
Port trucker pay hurt most by marine terminal delays: Study
ICS crisis: Australian air and sea ports clog One week after the mandatory and controversial introduction of its web-based Integrated Cargo System for imports, the Australian Customs Service faces an embarrassing back-down as cargo facilities clog with goods.
Zim plans five new services in 'secondary' east/west routes Zim Integrated Shipping Services is to start extending its east/west range of services significantly in the near future, with five new services launched on 'secondary' routes throughout 2006-7.
Korean Government prepares for truckers' strike
Iranian import ban worries Korean exporters
Patrick rebuffs Toll as PN boss goes
Gulf and Pakistan shippers attack freight rate rises
Chittagong set to fulfill potential, as efficiency improves
Russian Railways VP goes to Duma to press for reform
Portland opens up south road entrance to Terminal 6
German-Danish agreement to sell Scandlines After several years of disagreement, it now seems that the German and Danish transport ministers have reached an agreement to ...
Superfast Ferries expanding in the Baltic Sea Superfast Ferries will transfer their ro-pax-ferry "Superfast IX" from the North Sea to the Baltic Sea. The vessel ...
Deadlock on oil spill compensation revision Talks at the IOPC Fund Assemply to revise oil spill compensation this week has so far remained deadlocked as parties ...
DOE: Oil demand decline could be overestimated As oil prices fall again, DOE and analysts warn against reading too much into the apparent 'demand destruction' seen in recent weeks.
Russia: 'No' to lower fuel oil export duty Russian economy minister says further differentiation in oil product export duties is not needed, proposals put off indefinitely.
US base oil capacity coming back on line Group I base oil plants knocked offline by hurricane Rita will be operating normally before their group II counterparts.
Alarm raised over abrasive fuels in Singapore Bunker alert goes out after several samples reveal high concentration of hazardous contaminant, debunkering also reported.
Gulf of Guinea: New facilities poised to meet rising demand New bunker services in the Gulf of Guinea are poised to meet rising bunker demand driven by oil exploration companies.
Gap narrows between Rotterdam barge offers/bids
Singapore: Residual fuel stocks up, distillates down
Chimbusco posts rise in bonded bunker fuel sales Chimbusco posted a 33% rise in bonded bunker fuel sales for the first three quarters of 2005.
Philippines lowers tariffs on bunker fuel The Philippines is set lower tariffs and excise taxes on petroleum products and bunker fuel.
Bunkerworld launches Credit Reporting Every few years there is a shake-up in the otherwise relatively quiet marine credit reporting sector. Today's launch of Bunkerworld Credit Reporting is one of those times.
New Antwerp strike threatens bunker timetable Second union-led strike in a matter of weeks threatens to disrupt marine fuel supplies in Europe's second largest bunkering centre.
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