IBM, Maersk team up on ship tracking device GOVERNMENT cargo inspectors would be able to get real-time data about the contents and whereabouts of shipping vessels around the world under a new tracking service being introduced by International Business Machines Corp and the Danish shipping giant AP Moller-Maersk A/S.
Oiltanking starts ops at new Jurong berth OILTANKING Singapore has announced the commencement of operations at its new $20 million deepwater petroleum products berth on Jurong Island.
Btl holds shipping folks' scramble in serapong ABOUT 120 players from the Asian shipping fraternity descended on Sentosa's Serapong Course recently to participate in the 16th Annual BTL Golf Masters, the longest running tournament in the local industry.
India may replace a third of its ships within 5 yrs
Rita closes Texas ports but spares Mississippi HURRICANE horrors have paid a return visit to US Gulf Coast, with major Texas ports and waterways remaining disabled as of Sunday afternoon for reasons that included many navigational aids having shifted out of position.
Transpacific lines' fuel bill set to rocket HIT by rapidly rising fuel costs, container lines on the transpacific trade are warning of a new fuel surcharge system as current quarterly adjusted surcharges leave them millions of dollars out of pocket.
French demand Maersk Barcelona master in court THE Ukrainian master of the 2,328 teu Maersk Barcelonahas been ordered to appear in court in Brest on February 1 to answer the charge that he caused pollution 160 km off the Brittany coast last Tuesday.
Shipping sees IPO ambitions disappear over Horizon POPULAR wisdom may proclaim the return of optimism but shipping's initial public offering market is not entirely rid of frayed edges, as proved by the 33% price cut and postponement of the Horizon Lines IPO and a last-minute delay to the American Commercial Lines deal.
Dress code gets knotted by Baltic THIS month sees the most fundamental change to the London shipping market in a generation but neither double-hull tanker demand nor Chinese iron ore imports are at issue.
Rising fuel costs bring TSA rethink RUNAWAY fuel costs have prompted members of the Transpacific Stabilization Agreement (TSA) to review current calculation formulas and existing contracts and customers can expect a call to discuss possible options
Horizon IPO founders JONES Act boxship operator Horizon Lines was scrambling to resuscitate its initial public offering yesterday after its original sales pitch failed to fly with investors
Hurricane Rita: update THE LOWER Mississippi River will be closed later today by the Coast Guard in advance of Hurricane Rita's expected landfall tomorrow morning
Irish Ferries talks hit stalemate TALKS are reported to have failed to produce any breakthrough in the row over Irish Ferries' plans to replace its existing workers with cheap labour from overseas
Pappadakis elected at Intercargo LONDON Greek owner Nicholas Pappadakis has been elected chairman of dry cargo owners' organisation Intercargo
SNCM awaits white knights THE names of the investors chosen to save the French state-owned ferry operator SNCM from bankruptcy are to be revealed by the government on Monday
Maersk appoints senior managers following PONL buyout Senior management positions at Maersk Line, which recently concluded the acquisition of P&O Nedlloyd (PONL), have now been decided and circulated internally to staff.
ANL in major PNG expansion ANL Container Line is to substantially upgrade its Australia-Papua New Guinea links through a slot charter agreement with Schoeller's Project Asia Service and Austral Asia Line.
Hurricane Rita weakening slightly, but still Category 4
Pretoria guarded over China textile restrictions
Australian truckers blockade interstate routes
Evergreen prepares for the worst
Indian Cabinet approves Rs8bn JN Port expansion project
US textile group seeks more safeguards on Chinese textiles
HK invests in sustaining logistics growth
Gwangyang to develop logistics park
TransContainer captures 17.6% of Russian rail-forwarding market
Chao Yang upgrades China-Korea-Russia service capacity
Big Muddy closed again Coast Guard orders 'hard closure' of Mississippi River below Baton Rouge as storm surge from Hurricane Rita wreaks havoc.
OMI gets chatty Connecticut tanker company has called its first investor briefing for next week, prompting speculation owner will offer monthly market guidance on rates.
Mosvold digs deep for drillship Norwegian family to launch new venture with $500m order at Samsung.
Rita relenting? Signs of good news for Houston shipping, refinery operations as weakened hurricane wobbles east toward Texas-Louisiana border.
ABG targets VLCCs Indian shipyard wants to become first yard to build big tankers following IPO.
Eagle helps Norden soar Danish dry cargo owner upgrades profit forecast after gain on sale to IPO venture.
Poor look out caused crash ATSB says failure to keep look out caused collision between bulker and trawler off Australia in April.
Ferry cheat jailed Former OVDS finance director Borre Simonsen has fraud sentence cut by six months to two years by Norway's highest court.
Great Eastern sells again Another handysize bites the dust at Indian owner, leaving it with three similar-sized bulkers.
Crew rescued from cargoship Captain abandons Cambodian-flagged vessel in South China Sea after engine breaks down.
SembCorp buys Sabine yard Singapore shiprepairer to move into US to repair hurricane damaged offshore rigs.
Orey profits jump Portuguese broker and agent benefits from Spanish acquisition in first half.
KOGAS rejection irks STX Korean shipbuilder to file complaint with domestic anti-trust watchdog over exclusion from LNG tender.
Green light for HUBLine bonds Malaysia's financial regulators give go ahead to intra-Asian boxship player's plans to issue Islamic bonds.
Volumes up 10% at NOL Continued demand growth helps lift number of containers carried by Singapore liner firm.
Assens Skibsværft will close next year Assens Skibsværft will close down when the present order book is delivered. That decision was taken today by the board ...
Bail set for "Maersk Barcelona" A court in Brest, France, have set a bail of EUR 500,000 for the release of the container carrier "Maersk ...
Sulphur emission controls in more areas After the first Sulphur Emission Control Areas (SECA) has been enforced in the North Sea and the Baltic it could ...
Crude falls as Rita veers away from Houston Oil markets relaxing today even as US Gulf Coast braces for hurricane's landfall.
Colonial betting on low-sulphur future By offering low-sulphur fuel oil, Colonial Oil is staying ahead of impending US fuel restrictions.
ING Bank: Tax system will spur oil sector development ING Bank has said Russia's oil tax regime has boosted refining margins 186% and will help speed refinery upgrades.
Bitumen mine be explored for marine fuels Indonesian bitumen mine to supply upwards of 1.2 million mt of marine fuel oil to Chinese firm annually.
Australia: Legal wrangle over contested marine fuels A Scandinavian bunker company has laid claim to fuel onboard vessel seized by Australian authorities this month.
India: Petroleum ministry asks for tax relief on bunkers India's ministry of petroleum has asked the commerce ministry to grant deemed export status to bunker oil as suppliers hope to increase their sales volumes.
Rotterdam soft to stable this morning
Hong Kong typhoon threatens to disrupt bunker deliveries Bunkering in Hong Kong may be suspended as Typhoon Damrey approaches and is expected to gain in strength overnight.
Tougher curbs on sulphur emissions underway More SECAs and tougher curbs on sulphur emissions from ships may be considered, industry expert predicts.
KIC oil storage space attracts overwhelming interest Total storage demand at the proposed oil hub at Tanjung Bin has been confirmed by interested independent oil traders even before development work has commenced.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
