Bunker companies switching to double-hulled tankers Companies servicing the $7 billion bunkering industry here have moved fast to switch to new double-hulled tankers, thus improving operational efficiency and keeping abreast of moves to further raise Singapore's bunker service quality.
Panama Canal tolls set to surge: study Tolls on the Panama Canal are set to double or even quadruple over the next 20 years if the canal is to realise its ambitious expansion plans, putting the cost of transiting far higher than the Suez canal, according to economic consultancy firm Global Insight.
NOL handled 13% more boxes in June FILE PHOTO Booming: Asian shipping lines like NOL are generating more business on rising imports from North America and Europe for low-cost products made in Asia Call to unknown STYL, STYL = STYL.INL, PC = EBA7 Neptune Orient Lines Ltd, which operates Asia's second-largest container line, handled 13 per cent more containers in the four weeks to July 1, helped by rising demand for goods made in Asia.
Aussie maritime sector 'a terror target'
Hyundai Heavy's June orders soar
Oil industry to contribute US$2b to clean-up fund
Persian Gulf tanker rates may stay near 4-month high
Singapore port champions cruise growth SINGAPORE is looking to build a new cruise terminal by the end of the decade to cater for the latest mega ships. 'There is a need to cater to the long-term requirements of the cruise sector, especially for the handling of the new mega ships,'
Techno superliner hits the rocks before it has a chance to launch JAPAN'S six-year dream of running the world's fastest passenger ship is unlikely to become reality in the short term.
Philippines foils terrorist bomb plot ahead of presidential address ANOTHER possible attempt at maritime terror in the Philippines was foiled at the weekend as anti-government forces tried to disrupt troubled President Gloria Arroyo's state of the nation address yesterday.
Lloyd's chairman elected Aldgate alderman Heavy representation of insurance firms in the ward, away from its traditional shipping bias, may have been a decisive factor in swinging the election comfortably to Lord Levene.
SmitWijs agreement confirmed DUTCH tug owner Smit and SvitzerWijsmuller of Denmark have agreed to continue their co-operation in SmitWijs, a 50:50 joint venture that specialises in ocean towage
US ballast bill update BALLAST water programmes in the US would receive $20M annually from the Coast Guard budget under an amendment made on 22 July ' if the bill receives final approval
Boxship market malaise continues THE boxship charter market appears to have stalled with brokers and owners resigned to the fact that the market peaked some time ago
Opposition to Bermuda cruise plan BERMUDA'S plan to expand ports and channels to accommodate Panamax cruise vessels is already under fire from the Bermuda National Trust
Puerto Rican truckers back at work PUERTO Rican truckers ended their three-day strike on 22 July after the public service commission promised a hearing into their grievances
DFDS, Sovcomflot link in Baltic DFDS will join with Sovcomflot to operate a joint rail/ferry service between Ust Luga and Baltyisk in Russia, and Mukran/Sassnitz in Germany
Last minute registration causes PierPASS backlog A flood of last-minute registrations and applications for credit filed late last week forced PierPASS to announce, today, that it will waive collection of the traffic mitigation fee until Wednesday.
Slower HK Port growth prompts cut in charges Hong Kong Government has proposed a string of new measures to enhance the competitiveness of Hong Kong Port and maritime industry by lowering the costs for visiting the port.
Vancouver strike enters fifth week
Disgruntled Mumbai shippers move cargo to South Indian ports
China faces uncertainties in H2 foreign trade growth
Korean bulk carrier to launch liner service
First crane arrives at Busan New Port
Dutch order radiation detectors for all box terminals
OMI breaks 2Q record Bigger suezmax fleet helps 55% improvement over 2004, but third quarter bookings so far fall well behind last year's record levels.
Brazil and Taiwan on Paris blacklist Port-state control regime adds two surprises to its latest rogues' gallery.
Still busy, says NOL Box volumes and revenues continue to grow for Singapore-listed line.
Q-Ship excels Doha operator makes $70m in first half of year, exceeding profits for whole of 2004.
Too early to call Shipping gives mixed reaction to China's decision to end its currency's decade-long peg to the dollar.
Bullet train of the sea derailed Japan's $100m Techno Superliner plan sunk by row over subsidies.
SeaDrill buys Indo driller stake John Fredriksen continues offshore sector drive after taking stake in Indonesian drilling contractor.
Eidesvik ups Green stake Chairman pays NOK 5.60 per share for another chunk of reefer stock.
Profit soars at Essar Suezmax sales lead to threefold increase in Indian shipowner's bottom line result.
Livanos builds stake in Euronav Ceres chief now holds 14% of Belgian tanker owner as Tanklog hands over more ships.
Destination Gotland reported to the police The Swedish National Public Transport Agency has reported Destination Gotland ' the operator of the domestic ferry service between the island ...
Seattle cruise ships the latest to use 'cold ironing' Princess Cruises ships will shut down engines while berthed, use mains power.
Bunker sample retention system launched to aid MARPOL compliance A business group of Ashland Specialty Chemical (Ashland) has launched a new bunker sample retention system designed to ease full compliance with MARPOL 73/78 Annex IV requirements for ships.
Latest buying interest belies weak Chinese fuel oil demand June fuel oil shipments into China down 19% on year following months of muted buying interest, but interest for August shipments is on the increase.
IMO chief: Shipping remains unrivalled mode of transport Shipping continues to reign unchallenged as the world's most efficient, cost-effective and environmentally friendly way to transport goods and materials in the global economy, says IMO chief.
15 new double hulls for Singapore operator by early 2007 Following the launch of Singapore's largest double-hulled bunker tanker last week, a leading Singapore barge operator will reportedly see 15 new double hulls enter service by early 2007.
Rotterdam quiet but heavily committed near term
Hong Kong market opens firm on regional gains, demand Hong Kong bunker prices opened firm today following an increase in the Singapore market and improved bunker demand.
K Line projects 'virtual joint venture' with PSA K Line is looking to clinch a long-term contract of up to 20 years with PSA to cover its terminals in Singapore and beyond.
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