Shipping groups urged to oppose EC's IMO membership THE International Chamber of Shipping has urged its members worldwide to lobby their governments to thwart plans by the European Commission to take over representation of European states at the International Maritime Organization.
Grand Alliance poised for P&O Nedlloyd pullout P&O Nedlloyd's anticipated withdrawal from the Grand Alliance has been given tacit acknowledgement by its alliance partners who have pledged a continuation of quality service to their customers.
China Cosco's US$1.22b IPO priced at low end CHINA Cosco Holdings Ltd raised US$1.22 billion after pricing its initial public offering near the bottom of a proposed range amid tepid demand, a source close to the deal said yesterday.
Johor coast hit by oil slick: report
British coastguard detains oil tanker for safety faults
New Fortis five-year plan puts focus on ship finance European financial services giant Fortis has unveiled a five-year plan in which ambitious growth in ship finance plays a key role.
Shipowners blast smaller ports over ISPS compliance failures MANY shipping companies have the impression that the effort they have made to improve shipboard security in application of the International Ship and Port Facility and Security Code is frequently not matched by the ports, according to a survey of its shipping company and port clients by classification society Bureau Veritas.
EU stance on shipbreaking 'unanimous' THE Council of the European Union has taken the unusual step of going on record to register that member states are unanimous in their position on ship dismantling.
Piano out of tune with Genoa plan RENZO Piano, the acclaimed architect whose design for the port of Genoa was welcomed by many in the Ligurian city as a visionary response to the challenge of modernising an ancient port and roundly criticised by others as 'science-fiction' and worse, has lost patience with his fellow citizens and abruptly withdrawn from the project.
Korea wants 'flying' ships by 2010 FOR those shipowners who have multi-million dollar ship contracts for vessels to be delivered in 2008 or later - take a deep breath.
Foot passengers an 'inconvenience' "WE MAKE losses on foot passengers ... they are an inconvenience," was the message from one cross-Channel ferry company at a ferry industry conference yesterday
Spain attacks BMA, ABS and IACS SPAIN'S maritime administration has accused the BMA, its Bahamas counterpart, of ignoring the structural deficiencies of the Prestige before it sank in its report to the IMO
Report - Emergency plan deficient AN AUSTRALIAN report has found that there were 'significant deficiencies' in emergency planning following a main engine breakdown aboard the Maersk Tacoma in 2001
WCO agrees to new anti-terror rules New global measures aimed at boosting security, easing international trade and fighting corruption among customs officials.
More PONL services considered for Deurganckdok P&O Nedlloyd (PONL) has confirmed that more services for Antwerp's new Deurganckdok are seriously being considered, following Antwerp Gateway's announcement of Grand Alliance (GA) Loop B.
Mumbai Port box-handling workers on strike About 1,500 workers employed with private transport contractors at Mumbai Port went on 'indefinite' strike yesterday to press demands for absorption by the contractor eventually selected by the port trust.
Grand Alliance looks forward to future without PONL
MOL to apply for Frankfurt de-listing
GAO testimony raises possibility of e-tag shortage
Norsul to build new barges for Brazil and SAmerican cabotage
WCO adopts 'global C-TPAT' standards
Sethu Ship Canal Corporation signs MoU with Suez Canal Authority
SITC Steamship orders speedy delivery of feeders
Kursiu Linija consolidates European network
ABP announce 'modest' results impact of new accounting standards
IPO shares cut TBS pares back issue to 8.16m shares from 8.5m in addition to discount pricing, will gross $81.6m.
Nordic buying again Herbjorn Hansson's company picks up fourth suezmax since October's transformation.
Crowley set to reorganise Tom Crowley's men are set for a transcontinental chair swap as the company regroups. Questions about labour arrangements remain unanswered.
South Africa looks at Maersk merger Competition authorities scrutinising proposed tie-up with P&O Nedlloyd because of big market share.
TBS prices at $10 Tweendecker owner goes public at 50% discount, overcomes late accounting snag and will begin trading this afternoon on Nasdaq exchange.
Russia plans second register Shipowners to be offered tax breaks to lure them from flags of convenience.
TBS touch and go Fate of tweendecker company's IPO remains in doubt amid 'very difficult' pricing process, weak stock market.
Oman extends LNG ship interests State shipping line snaps up stake in Osaka Gas Co vessel as it drives to grow fleet.
Lindo looks for more AP Moller-Maersk shipyard wants another 175 staff to boost productivity.
STX wraps up boxships Korean shipbuilder signs with Japan's NYK for three 2,900-teu vessels.
Kiperousa salvage aborted Operation called off after Greek owner fails to put up financial guarantees.
NYK charters out LNG ship Japanese owner backs up parent Mitsubishi Group with transportation for Oman-US cargoes.
State appeals over ferry deal Washington seeks to overturn judge's ruling letting Martinac Shipbuilding back into race for three-ship contract.
Korea cranks up ports plan Government earmarks $2.5bn to expand Busan and other facilities this year.
Chong back for more Vita Links Island Holdings founder makes second purchase of Singapore shipowner's shares in a week.
Canada holds faulty quartet Two tankers, a bulker and a general cargoship failed port state checks in May.
Healthy rise on Arpeni debut Indonesian shipowner's IPO off to good start with 12% jump in share price on first day of trading.
Quiet end to bunkering week in New York and Houston Key USEC and Gulf ports end the week quietly with light demand and competitive pricing.
Testing agency reveals MARPOL Annex VI sulphur violations Fuels with sulphur content exceeding 4.5% have been supplied in recent weeks in Italy and Singapore, and because the latter is a signatory to MARPOL Annex VI, this might be the first known case of supplier violation of the sulphur regulation.
Rotterdam congestion pushing demand to other ports Intensified loading congestion at Rotterdam's main fuel oil terminal has led some to seek alternative loadings in Antwerp, while suppliers in Hamburg reported extra demand this week.
Fuel and lube test kit supplier launches new website Kittiwake launches new corporate website with easier navigation, greater depth of technical information and improved search functionality.
TNK-BP: Russian export duties help boost trading margins TNK-BP's VP for trading and logistics has said that while it is in Russia's best economic interests to reduce taxes, as taxation is not an incentive to increase production, the current regime can be exploited to increase oil companies' trading margins.
Trader expects volumes to surge nearly 50% in 2005 Oil trading arm of the SK Group is expecting to see its trading volumes surge almost 50% this year as the company continues to make a striking recovery from an accounting scandal in 2002.
UK player expands bunker team
Russian bunker company builds two oil terminals Russian bunkering company will have two oil storage terminals boasting a combined storage capacity of 32,000 metric tonnes by 2007.
Middle East companies join hands to protect environment Two Middle East companies have signed an agreement to provide swift and joint oil spill clean up and containment response in the region.
Asian shipowners seek greater influence The Asian Shipowners Forum (ASF) may need to establish a more permanent group if Asian owners want a greater voice in international maritime affairs.
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