Legislators seek probe into Carnival deal WHEN Carnival Cruise Lines agreed to lease three ships to the government to house evacuees from Hurricane Katrina, the company president portrayed it as an act of compassion intended to 'provide desperately needed housing for thousands of individuals'.
Daewoo Shipbuilding wins big rig order DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said it has received an order for one drilling rig valued at 511 billion won from SeaDrill Ltd.
Maritime safety to get a boost from EU proposals THE European Commission will present wide-ranging proposals in November to enhance maritime safety and introduce better cohesion among the 25 EU member states, transport commissioner Jacques Barrot said yesterday.
2 tankers detained for oil transfer, illegal entry
Tanker rates may gain a fifth week on rising demand
France confirms SNCM sale THE French government is to sell state-owned Mediterranean ferry operator SNCM to investment company Butler Capital Partners for Euros 35m, it was announced this evening.
Insurers brace themselves for $7bn hit from hurricane HURRICANE Rita is likely to cause insured losses in the range of $4bn to $7bn, according to the latest assessment from a top risk model firm.
Rita leaves trail of damage in Gulf of Mexico DRILLING rigs and platforms in the Gulf of Mexico have sustained severe damage in the aftermath of Hurricane Rita, with reports of some destroyed facilities, writes Martyn Wingrove.
EU tells Turkey to drop boycott of Cypriot-flag vessels or be barred TURKEY will not be allowed to join the European Union unless it ends a boycott of Cypriot-flagged ships, EU transport commissioner Jacques Barrot said yesterday, writes Justin Stares in Brussels.
IMO and ILO say cover for seafarers still unsatisfactory REGULATORS are hardening their position on the cover taken out against seafarer claims for death, personal injury and abandonment.
Dutch newbuildings for Jamaican CG JAMAICA has taken delivery of the first of three new offshore surveillance vessels for its Jamaica Defence Force Coast Guard, the Jamaica Observer reported last week
Irish Ferries managers criticised A report by a leading Irish business consultancy is believed to have criticised the managers at Irish Ferries and called on them to take a 5% pay cut
Lube oil supply crisis looming PANIC buying of lubricating oils by ship operators fearful of a supply squeeze could turn a tight position into a full-blown crisis, according to market sources
Barrot pledges better regulation THE EU transport commissioner has pledged to the shipping industry that he will only consider new legislation that could offer better and more beneficial regulation
EU tries again for bloc IMO entry THE European Commission is preparing a second watered-down bid to gain bloc IMO membership for all 25 EU member states
Lines extend trans-Pacific surcharge Carriers expect vessels on all-water services to Charleston (left), other East Coast hubs to remain full through January.
Law: Making the loser pay
Another confessed murderer testifies in ILA trial
U.S., China renew trade talks
Ports of Houston, New Orleans re-open
PierPass volume growing
Georgia ports post record volume
Record for U.S. rail traffic
Judge won't toss Ga. suit in S. Carolina boxport case
Port of Vancouver signs Deltaport deal The Vancouver Port Authority has concluded an agreement with Orient Overseas International subsidiary TSI Terminal Systems, for a 50-year operating lease on the proposed expansion of the Deltaport container terminal.
ATA: US diesel-prices growing, on diet of fuel-supply scares With Hurricane Rita making less impact than expected this weekend, US fuel-fears receded, but diesel-prices are rising overall, thanks to successive fuel supply-threats, the American Trucking Association (ATA) has warned.
UPDATED: Houston staff back to work today, landside re-opening tomorrow
ICF Hungarian office to focus southeast Europe push
Inchon may see its first transpacific service
Ginseng smuggler arrested at Ulsan Port
Reported new shareholders raise Yangshan profile
ASEAN and China meet to enhance bilateral trade
Russian Rail hopes UNESCAP co-ordination will benefit Russia route
New Waive Jones Act suspended again for 30 days for petroleum cargoes in wake of Hurricane Rita as President Bush outlines new response measures.
Exmar takes derivatives hit Nicolas Saverys-led Exmar confirms another LNG regas order and reveals that financial charges flattened a 65% operating result gain.
Clarksons to seek $300m Pierre Aury's new hedge fund prepares to woo professional investors to shipping market.
Carnival under scrutiny US politicians from both parties are calling for an investigation of a US government charter of three Carnival cruiseships.
Sabine buyer emerges Nordic American reveals it has paid $70m for the suezmax that OMI is selling.
EC in Turkey shoot Commission chief Jacques Barrot to ruffle feathers over Cypriot ship ban
Hoegh Galleon is laid up Belgian charterer signals dire state of the LNG freight market by withdrawing carrier from trade.
BRS breaks into India French broker teams up with Samrat Shipping's Kishore Sippy to grow Asian presence.
Philippines to back owners Government keen on providing loans to cut shipping companies' costs.
OMI and Athenian settle Spat over non delivery of suezmax newbuilding is resolved with return of $6.4m deposit.
Transfer tankers seized Illegal entry and transhipment in Malaysian waters lands two crews in trouble.
Moore Stephens limits Last chance to sue the shirts off the backs of top shipping and insurance accountants.
Ship overheads soar Maintenance and repair bills rise as freight boom puts a premium on seaworthy vessels
UK nabs faulty 11 Maritime & Coastguard Agency detains bulkers and boxships during July, as well as a reefer with 36 deficiencies.
Superferry deal under threat Construction of first Hawaiian fast ferry at Austal could stop if legal challenge succeeds.
Dreyfus Channel bound French shipowner to replace P&O Ferries on Portsmouth to Le Havre cross Channel ro-ro service.
Braila runs to loss Aker Yards' Romanian shipbuilding unit has been hit by soaring costs in the first half.
Consafe Offshore listed on the Oslo Stock Exchange Today, September 26, the Consafe Offshore share commenced its trading on the Oslo Børs (Oslo Stock Exchange) main list. The ...
New Sundbus is finally on the way The first newbuilding to Sundbusserne will arrive in Helsingborg in November 2006. That is the latest estimate from Per Svensson ...
"Norden" upgrades after a handy sale of two handy-max Dampskibsselskabet "Norden" of Copenhagen has upgraded its profit for 2005 with another USD 23 million to USD 300 million for ...
Houston: Bunker rationing 'a real possibility' Suppliers today assessing refinery outages and supply disruption with bunker rationing being considered as demand exceeds available product.
Additives supplier to resume normal operations 'in days' Following a near-miss by hurricane Rita, lubricant and fuel additive supplier says normal operations should resume within days.
St. Croix bunkering facility upgrade gets green light Bunkering should be more efficient and safer following installation of two new pipelines.
Ship detained after oil pollution incident Ship detained by UK Maritime & Coastguard Agency found to have deficiencies on fuel tank valves as well as lacking detailed bunkering procedure.
Post-Rita oil price slide continues in historic weekend trade IPE opens for first-ever Sunday session to allow for real-time reaction to Rita.
Bunker demand, China, to drive increased Q4 fuel oil imports Expected strong bunker demand in Q4 as well as renewed Chinese interest will see western fuel oil arrivals into Asia increase.
TSA: Quarterly fuel adjustment factor too slow Transpacific Stabilisation Agreement members say quarterly assessment of its bunker adjustment factor is too slow, warning of a new system.
World Fuel Services stock offering completed WFS will have a minimum of $95 million for 'general corporate purposes' following public offering.
Rotterdam reported tight for prompt
Shipping firms up bunker surcharge Skyrocketing bunker fuel costs have led Filipino shipping firms to increase their bunker surcharge.
Singapore: Oiltanking adds new berth on Jurong Island Oiltanking's new petroleum products berth on Jurong Island, Singapore, has started operations and will increase turnaround time for vessels.
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