Thailand plans to set up national shipping fleet THE Thai government is planning to set up a national shipping fleet with private Thai shipowners taking a 70 per cent stake, in an attempt to reduce Thailand's dependence on foreign shipping companies.
Asia freight rates soar on tight ship supply ASIAN shipping rates this week hit their highest level in more than a month.
Indon navy storms Croatian ship THE Indonesian navy stormed a Croatian ship early on Monday and detained all 25 crew members, Croatia's ambassador to Indonesia said, calling it an illegal act.
Strait Talk
Lube oil has to be worth more than spring water THE boss of shipping industry lubricant supplier Castrol Marine didn't mince his words when he spoke about the lube oil supply crisis now affecting Singapore.
Thailand plans to set up national shipping fleet THE Thai government is planning to set up a national shipping fleet with private Thai shipowners taking a 70 per cent stake, in an attempt to reduce Thailand's dependence on foreign shipping companies.
Asia freight rates soar on tight ship supply ASIAN shipping rates this week hit their highest level in more than a month.
Indon navy storms Croatian ship THE Indonesian navy stormed a Croatian ship early on Monday and detained all 25 crew members, Croatia's ambassador to Indonesia said, calling it an illegal act.
Strait Talk
Lube oil has to be worth more than spring water THE boss of shipping industry lubricant supplier Castrol Marine didn't mince his words when he spoke about the lube oil supply crisis now affecting Singapore.
CP Ships bid leaves NOL high and dry NEPTUNE Orient Lines has been left without potential partners for merger or acquisition as Tui looks set to acquire CP Ships.
Tui insists it will not get involved in bidding war with CMA CGM GERMAN conglomerate Tui emphasised yesterday that it was not prepared to enter a bidding war between its subsidiary, Hapag-Lloyd, and CMA CGM over the acquisition of CP Ships, writes Katrin Berkenkopf in Cologne.
Chemtanker in repair yard blast that killed four is arrested in Trinidad THE Tradewind Sunrise , the chemtanker that suffered a repair yard blast in June, killing four people, has been arrested in Trinidad.
Kvaerner Pension Fund members furious at sale INDIGNANT British members of the troubled Kvaerner Pension Fund have dubbed as "irrelevant" a rare public outburst by Norwegian industrial tycoon Kjell Inge Røkke in defence of his £1 ($1.8) sale of UK pension fund responsibilities.
Indonesia holds Croatian logging ship THE Indonesian Navy stormed a Croatian-flagged cargo ship early yesterday and detained all 25 crew members on board, AP reports.
NCL drives Star turnaround STAR Cruises' rebound from last year's loss is being driven by higher ticket prices and additional capacity for its Norwegian Cruise Line (NCL) brand
Chinese to buy PetroKazakhstan CHINA's largest state-owned oil company, China National Petroleum Corp. International, has outbid Indian rivals for the purchase of Canada's PetroKazakhstan
London market forms claims group THE London market has set up a new marine claims committee to act as a forum to discuss market issues and promote best practice for insurance and reinsurance claims
MSC recruits Indian crews MSC is looking to the Indian market for seamen and has started a new company ' MSC Ship Management (India) in Mumbai ' for its Indian operations
CP Ships could draw new bids Parent of Hapag-Lloyd that has offered $2.1 billion for CP Ships insisted it won't be drawn into a bidding battle for the box carrier.
CP Ships ripples seem to subside, as confident TUI/Hapag-Lloyd close net The ripples of interest around CP Ships in the wider market seem to be subsiding, after Hapag-Lloyd-TUI AG's dramatic last-minute entry with a bid, signed on Saturday morning.
NOL could be 'interesting target', speculate CIMB-GK Goh Neptune Orient Lines (NOL) has been identified as an 'interesting target' for acquisition because of its relatively low valuation, in a report by broking house CIMB-GK Goh.
CSCL may consider growing through acquisition
Floods in Switzerland throw rail and barge services into disarray
Fake money and goods smugglers charged in US
Yang Ming and Evergreen in new Taiwan-Japan-Vietnam service
MOL introduces new tonnage to NWA transpacific service
Norwegian ports struggle for ISPS compliance Only 203 of the 524 Norwegian municipal and private port terminals have been subject to inspection from the Norwegian Coastal ...
Record first half for TTS Marine TTS Marine is expanding fast and significant. Turnover reached NOK 504.6 million for the first half of 2005, up by ...
Mols-Linien redelivered HSC ferry The Danish ferry operator Mols-Linien A/S has redelivered one of its fast ferries. The redelivered ferry is the ...
NY at record high, Persian Gulf cargo heads for Houston As suppliers hit tank bottom in New York, reports say cargoes of fuel oil heading from the Middle East to the US Gulf.
Southern Chilean supplier awaiting benefits of region's growth As exports in the far south of Chile boom, principal bunker supplier remains cautious.
FASA optimistic over JWC's Malacca Strait rating Federation of Asean Shipowners' Associations says there is no valid reason for war risk insurers to take hasty action in seeking to charge additional premiums.
Trader pursues bunker bill as court orders vessel sale Bunker trader is still speaking out of court with the owners of Mawashi Al-Gasseem.
H1 results: Chinese shipping line beats bunker price effect Chinese export growth bolsters profit even as surging bunker prices increase shipping line's cost.
Jordan to export straight-run fuel oil Singapore bunker market mooted as possible outlet for Jordanian fuel oil cargoes.
ARA market reported steady at midday
Hong Kong: 380 cst extends tight run 380 cst bunker fuel has extended its tight run amid slow demand in the Hong Kong market.
Singapore: Overseas sales of bunkering improve on year Data from Singapore's Department of Statistics showed overseas sales by ship chandlers and bunkering companies improve on year.
Starsupply acquired by London insurance broker US-based oil products broker and OceanConnect partner acquired in reputed $15m cash deal.
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