New Malaysian coast guard to start patrolling in June MALAYSIA's new coast guard will hit the water in June, just as pirates in the region began staging increasingly daring attacks, including a hijacking and bungled million-dollar-cargo theft over the weekend.
M'sia warns private armed escorts ANY ship providing private armed escort services to merchant vessels in the pirate-infested Malacca Strait will be detained, a top Malaysian security official said in remarks published yesterday.
Canada port gets go-ahead for new C$530m terminal CANADA has given the go-ahead for a new C$530 million container terminal at its northern-most port city of Prince Rupert, as container terminals up and down the lengthy North American coastline literally burst at the seams with surging Asian imports.
New record highs on USEC, resupply dates uncertain Tight avails force prices up to record levels.
Russia: Shipyard bid could mean new terminal The auction of a stake in Russian shipyard Baltiyskiy Shipbuilding Plant could mean the construction of a new bunker terminal on the site.
Rotterdam market soft late morning
Hong Kong: Barge capacity insufficient for demand Good avails and strong demand reported in Hong Kong, but barge availability insufficient.
Reports: IBIA says too little research into low-sulphur fuels While most would agree that more research is needed on the economic and technical impacts of the use of low-sulphur fuels, experience will be the best test, reports said today.
BP net profit surges Net profit at BP surged 29% for the first quarter of this year, riding on soaring crude oil prices.
Hefty penalties on late delivery of tankers Failure to deliver five tankers on time costs an Indian shipping company $6.8 million in cash compensation.
Bunkerworld Americas team welcomes new member Bunkerworld has further strengthened its dedicated global news and price coverage with the addition of Guy Wilson-Roberts to its editorial team in Vancouver, Canada.
Vancouver: Two suppliers with barges in drydock Tight barge scheduling, with two barges out of action until at least the end of the week.
B&H targets Oslo listing to raise $110m for expansion B&H Ocean Carriers could raise up to $110m through a share issue as the American Stock Exchange-listed company plots further expansion of its fleet of product tankers and combination carriers.
Seatrade ousts United Reefers Pool founders in 15-ship buyout Seatrade Reefer Chartering has snapped up 15 ships in the United Reefers Pool in a surprise move which also sees the two original pool founders out of the reefer business, writes Helen Hill.
Industry group savages ISO over 'discredited' security standards IN AN unusual display of cross-industry unity, six leading shipowner and shipper associations have issued a withering critique of the International Standards Organisation technical committee's approach to crafting new standards for supply chain security, writes John McLaughlin in New York.
Genmar shields its US staff with 'change control' scheme GENERAL Maritime, the New York tanker specialist that has attracted the takeover attentions of John Fredriksen's Frontline, has taken steps to protect its employees in the event of a change of control of the company, writes Tony Gray.
Danish ferry scrapping scandal deepens DENMARK'S Kong Frederik IXdemolition scandal deepened yesterday with reports that two more aged Danish ferries were headed for the the scrap yards of India, writes Andrew Draper.
India frames guidelines for pilotage THE Indian government has framed guidelines to ensure navigational safety and greater competency in pilotage services, in response to an acute shortage of pilots
Lloyd Triestino gets China license LLOYD Triestino, the Italian affiliate of Taiwan's Evergreen Group, has been granted a licence to open a fully fledged branch office in Mainland China's Shenzhen city
China to build new box terminal CHINA is planning to build a new deep-water terminal at Sandu Au in the south-eastern Fujian province to take in the biggest container ships
Tug mate facing criminal charges CRIMINAL charges were lodged yesterday against the first mate of the tug Evening Tide following the spill in April 2003 of 327 tonnes of oil in Buzzard's Bay in the US
Fluvia buys Vopak barges FLUVIA Holding has acquired all the shares in Vopak Vegoil Barging, Vopak Vegoil Barging Germany and Vopak Mineral Oil Barging Hamburg
Samudera, Evergreen extend link SAMUDERA Shipping and Evergreen will extend their joint China Shuttle Service, which links Shanghai and Hong Kong with South-East Asia, to the Indian Sub-continent
Grand Alliance denies Europe port calls debate is stalling VTE deal A Grand Alliance source has denied that P&O Nedlloyd's (PONL) failure to conclude a deal with PSA Corp in Genoa is due to its inability to deliver on promises regarding Ceres Paragon.
EU urges self-restraint from Beijing over surging textile exports EC trade commissioner Peter Mandelson has urged China to adopt self-restraint to prevent any retaliatory actions taken by the EU countries against its low-priced textile exports.
Feeder drought to put squeeze on mainline operators and fuel charter market
CMA CGM eyes entry into South American cabotage market
Broström reports profit boost The Göteborg-based tanker owner/operator Broström reports a SEK 136 million (EUR 14.9 million) after-tax profit for the ...
Two ex-Scandlines ferries to Alang Friday last week two ferries was sold from the Dubai-based Marwan Shipping & Trading to an Indian shipbreaker. That is ...
Samskip acquires cold stores Icelandic Samskip acquires seven cold stores companies from one of Europe's leading specialists in reefer logistics, Dutch Kloosterbroer Group. This ...
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