US trial denied in cruise compensation case MALAYSIAN cruise company Star Cruises has ducked a potential US$10 billion payout to victims of a fatal boiler explosion aboard the SS Norway in 2003 after a US court denied the victims and their families a US trial.
IMO tells US to treat seafarers as partners THE International Maritime Organisation has urged the US to treat seafarers as partners and not as potential terrorists.
NOL cargo volumes jump 17% in six-week period SINGAPORE's Neptune Orient Lines said it transported 17 per cent more cargo during a six-week period from mid-November to end-December compared with a year earlier, as the container shipping industry continues to enjoy buoyant volumes and freight rates.
Gulf tanker rates expected to remain at 14-month low
UK navy to survey tsunami epicentre
Evergreen sees '05 profit growth, seeks to invest more in China
M'sian navy detains Taiwan ship seized by mutinous crew
Bunker spill disrupts operations in Salalah Fuel tank overflow triggers immediate clean-up operation in Omani port.
ARA market softens as crude slips back
Suez avails unlikely to improve until early February No show of resupply pushes Canal's earliest bunkering dates into next month
US cold, China, Iraq and OPEC keep oil on the boil Crude prices continue firm after Friday's rally as snowstorms hit the US Northeast, while upcoming OPEC meeting and Iraqi elections keep traders on their toes.
Aviation looks to shipping's strategy for price protection World Fuels chief risk officer says the aviation industry is increasingly looking at the shipping industry's widely-used strategy of hedging against rising fuel prices.
Bominflot to open new Scandinavian office Representation Office is the first for the Bominflot Group in this region.
Tsakos Shipping pays double for Delaware spill clean-up Tsakos Shipping and Trading has paid almost double the fee required by US law for damages relating to oil spills.
Japanese traders eye Korean demand in wake of alerts Japanese traders have said they expect increased demand in Japanese ports following the issue of a bunker alert in Busan last week.
Listing on Horizon for Castle Harlan HORIZON Lines is the next shipping company laying the groundwork for an initial public offering in New York, according to market reports in Wall Street.
Cosco inks $506m deal for 10,000 teu containerships CHINA Ocean Shipping Co has put its money where its mouth is, signing for four 10,000 teu container vessels, the largest declared capacity for boxships in the market so far.
Tang Shan steel deal ironed out FURTHERING its tie ups with the country's leading steel mills, China Ocean Shipping (Group) Co has signed a strategic partnership framework agreement with Tang Shan Iron & Steel Group, its fourth such contract, writes Sam Chambers in Hong Kong.
BG to supply Italy with Egyptian gas BG, THE UK integrated gas major, has tied up a contract to supply Egyptian liquefied natural gas to the Italian market.
Equitas in fight for US law change EQUITAS is seeking changes to proposed new legislation before the US Senate this week that effectively singles it out for risk of bankruptcy.
Normandie Express joins relief effort THE Normandie Express, Brittany Ferries' high speed catamaran, built by Incat in Tasmania, is taking a detour with tsunami aid for Indonesia on her delivery voyage from Hobart to France, the shipbuilder announced yesterday, writes Rob McKay.
LNG first for Egypt EGYPT'S first shipment of LNG left Damietta yesterday for Spain on the Naviera Gran Sol-owned Cadiz Knutsen and opens up a new export sector
Iran names new transport minister IRAN has nominated Syed Mohammad Rahmati as the new transport minister following the impeachment of the former minister by parliament in October
Hundreds ill on Caribbean cruise THE Royal Caribbean cruise ship Mariner of the Seas is the second of the company's fleet to be hit this month by a Norwalk-like virus
NofE highlights hatch cover losses DEFECTIVE or poorly maintained hatch covers are instrumental in causing substantial cargo damage claims, according to the North of England P&I Club
Ceres Paragon offer's too low, says Kritikos Ceres Terminals founder Christos Kritikos admitted that he was blocking the sale of the Ceres Paragon terminal in Amsterdam explaining that 'the price is not right.'
Singapore Government sues P&O Nedlloyd The Singapore Government has filed a civil suit against P&O Nedlloyd, the owner of boxship ANL Indonesia which collided with a Singapore Navy boat two years ago.
Le Havre tackles crane question in bid to improve productivity
More WWL contracts for low sulphur fuel Wallenius Wilhelmsen Lines has signed another two contracts with Sannes (Shell Marine Products) and ExxonMobil for supply of low sulphur ...
EMSA to charter four anti-pollution vessels The European Maritime Safety Agency has been given the go ahead to use EUR 17.5 million to charter oil pollution ...
Broström acquires Nordtank and part in Furetank fleet Broström has acquired the Danish broker Nordtank, owned by the company's MD Michael Hjortb'l and the Swedish shipowner Furetank on ...
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