Investor shortlist for Shanghai port A handful of the world's biggest shipping and port operators, including Singapore's PSA International, are vying for investments in the next phase of Shanghai's multi-billion dollar container port project.
Vessels collide in S'pore waters AN oil tanker and a cargo ship collided in Singapore waters near St John's Island on Wednesday night.
Nymex offers new shipping contracts NEW York Mercantile Exchange, the world's largest energy market, launched four shipping futures contracts - adding to three started this month - allowing users to protect against, or bet on, changes in rates for oil tankers.
Sydney ferry hits wharf; two hurt
Gulf oil tanker rates to Asia up
Admiralty Casebook
Timely arrest must be made in in rem actions: HK Court THE Hong Kong High Court has sent a strong signal to plaintiffs and their lawyers who commence in rem proceedings and then make little or no effort to make a timely arrest of the ship or sister ships named in the writ.
Investor shortlist for Shanghai port A handful of the world's biggest shipping and port operators, including Singapore's PSA International, are vying for investments in the next phase of Shanghai's multi-billion dollar container port project.
Vessels collide in S'pore waters AN oil tanker and a cargo ship collided in Singapore waters near St John's Island on Wednesday night.
Nymex offers new shipping contracts NEW York Mercantile Exchange, the world's largest energy market, launched four shipping futures contracts - adding to three started this month - allowing users to protect against, or bet on, changes in rates for oil tankers.
Sydney ferry hits wharf; two hurt
Gulf oil tanker rates to Asia up
Admiralty Casebook
Timely arrest must be made in in rem actions: HK Court THE Hong Kong High Court has sent a strong signal to plaintiffs and their lawyers who commence in rem proceedings and then make little or no effort to make a timely arrest of the ship or sister ships named in the writ.
Blaze blamed on ruptured fuel line A fire originating in the engine room of the cargo ship Java Sea in Cairns, Australia early on Tuesday has been blamed on a ruptured oil line by fire services.
Bunker specialist calls on EU to admit sulphur mistake In a scathing letter, marine and oil consultant bunker specialist calls on the EU to swallow its pride and admit it was wrong to have based sulphur emissions legislation on "outdated" and false scientific data.
Japan: Marine fuel price hits record Reports from Japan today said that retrospective bunker prices agreed between Nippon Yusen KK and Nippon Oil Corp. for April hit an all-time high
Fuel cost could spell 'catastrophe' for ro-ro market The fast rise in oil prices could spell 'catastrophe' for the short sea ro-ro market unless rising fuel costs can be passed on to the public, a Stena Line chief has warned.
South Korea: June Fuel oil exports set to rise 80% Fuel oil exports from South Korea, Asia's third largest refining centre, are set to increase 80% in June compared to the previous month as the country's refiners ramps up crude processing rates.
High sodium and suspected waste lubes found in fuel Recent samples contained very high sodium concentration as well as unusually high levels of elements that will be included in new ISO 8217 standard to prevent waste lube contamination.
Rotterdam firm amid tight prompt market
Singapore: Prices rise despite inventory build
China: Bunker demand to increase with rise in cargo volumes An increase in Chinese bunker demand is likely to happen with the steady rise in cargo volumes passing through China's ports every year.
Bulker hits tanker en route to bunkering anchorage The Maritime and Port Authority of Singapore is investigating a collision incident which happened last night between a bulk carrier and a tanker.
Greeks warned on importance of timing share offers TOP Tankers advisor Cantor Fitzgerald has revealed how close the Athens based tanker company came to concluding its $300m planned private placement, which was ultimately pulled this week together with plans to acquire a major bulk carrier fleet.
CMA CGM pressed for Bolloré facts PRESSURE is building on CMA CGM and the Bolloré group to reveal their intentions amid speculation that the two French companies are about to combine their shipping activities.
'Smoke and fire' compound rumours of CP Ships' sale CP SHIPS' future remains one of the talking points of the container industry, but industry sources are divided on whether the company is really up for sale.
US security system has 'crippling flaws' INVESTIGATORS in the US have detailed serious shortcomings in the country's efforts to secure the maritime supply chain.
Ex-Onassis yacht sparks tax fury ARISTOTLE Onassis' former luxury yacht is whipping up a political storm in Dublin after it emerged that the Irish-owned Mediterranean boat qualifies for tonnage tax breaks.
Ceres Paragon secures first client THE Ceres Paragon container terminal in Amsterdam, completed in 2003, has found its first regular customer
Medical exam benefits claimed AMERICAN P&I Club claims to have achieved savings of at least $1M through its Pre-Employment Medical Examination programme in the Philippines
Trans-Atlantic rates hiked up TRANS-Atlantic rates were bumped up yesterday when the US South Europe Conference announced a general tariff rate hike effective 1 July
Financial scandal hits Qasim SENIOR officials in Pakistan's Port Qasim Authority have been accused of embezzling millions of dollars through unaudited bank deposits
Transneft hike to fund expansion TRANSNEFT, Russia's state-controlled pipeline agency, has secured regulatory approval for a hike of 8.3% in the pipeline tariff for crude oil exporters
Petronet moves ahead on LNG PETRONET LNG has shortlisted four bidders as contractors for the 2.5M tonne per annum LNG terminal at Cochin in Kerala state
Carriers: shippers will pay port security charges Carriers in Shenzhen and Hong Kong said that shippers will be paying the port security charge (PSC) at the end of the day.
Pilotage dues reform to free Rotterdam of cross-subsidisation Pilotage rates in all Netherlands seaports except Rotterdam will rise significantly over the next 8-10 years, thanks to an end to cross-subsidisation at Rotterdam's expense.
Autumn launch for Hanjin's second Asia/Med service
Trading posts: Lamy and Panitchpakdi assume WTO and UNCTAD roles
Expanding Chiwan draws new services
Busan exports stutter
Deurgankdok to open on July 6, as Antwerp growth still 'tempered' at 3%
Namsung launches Korea/China service
Rail policies cross as transit agreements come out of Moscow meeting
US industry 'white paper' calls for joint business-practice and infrastructure effort
Transcontainer's Chinese containers grew 41% in first 4 months
Claims firm burns fingers Appeal court rules that business that backed tanker spill claims must bear cost of lost legal battle.
Bollore selling to CMA CGM? Reports link French group with disposal of Delmas boxship line to giant compatriot.
Canada finds fault with four Port state checks result in April detentions for Greek, Italian and Korean vessels.
Panamax charter goes sour Greek shipowners have won an order to garnish $2.5m from Oslo-based Western Bulk in a dispute over the condition of a vessel.
NOS hunts new boss Morten Erichsen is moving aside for a new chief executive officer at Oslo derivatives clearinghouse NOS.
Court wants bosses' assets Italian authorities to target personal wealth of 17 former executives of bankrupt Festival Cruises.
'Bobble, not bubble in bulk' Damn the Baltic Index and buy Pacific Basin, Precious Shipping and Thoresen Thai, says Macquarie Research.
Ireland defends tonnage tax Maritime Development Office comes under fire for tax breaks for former Onassis yacht.
RCCL faces $10m hit. Another problem with troublesome pod propulsion system sends Summit to dry dock.
New box team in Middle East Hanjin, Senator, UASC and MOL cooperate on new Europe to Asia service.
Skaugen peeks at LNG Co-operation on Norwegian production plant may give owner introduction to coastal LNG shipping.
Collision off Singapore Sincere cape slams into Byzantine's brand new product carrier Chrisopigi Lady off St John's Island.
Imarex profit falls Trading on freight futures exchange rises but costs take a bite out of earnings.
Fire hits Java Sea Aussie authorities blame burst oil line for blaze on Singapore-flagged multi-purpose carrier.
Astro Lupus on its way Damaged Kristen VLCC heading to discharge cargo in India after collision with ro-ro.
Ship sales boost MBC Disposal of four panamax tankers helps triple first quarter profits at Malaysian Bulk Carriers.
Norway and Japan to promote quality shipping Norway and Japan will join forces to promote quality shipping as both nations have taken several policy initiatives, including IMO ...
First purchase to Herning's Singapore office Herning Shipping has purchased the first tanker to its newly established Singapore subsidiary. The tanker is the "Pacific Venturer" which ...
Frontline wins in Indonesian court Both Frontline, Goldman Sachs and PT Equinox (Frontline's agents) have been cleared by an Indonesian of charges that they had ...
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