NUS launches new centre for maritime studies REINFORCING Singapore's efforts to establish itself as an international maritime hub, the Centre for Maritime Studies was launched at the National University of Singapore yesterday.
Singapore classification society launched THE local maritime community now has its own home-grown classification society following the launch of SingClass International Pte Ltd yesterday.
Indon pirates plead guilty to hijacking Malaysian tanker TEN Indonesian pirates, caught after a botched attempt to hijack an oil tanker off northern Malaysia, have pleaded guilty to armed robbery and face up to 20 years in jail and whipping, officials said yesterday.
Suez Canal reports record daily income on increased traffic
Norfolkline in talks to buy Norse Merchant AP Møller-Maersk's multimodal shortsea operator, Norfolkline, is in negotiations to buy Irish Sea specialist Norse Merchant Group.
New Singapore class society targets small vessels but thinks big Singapore launched its own classification society, SingClass, yesterday, targeting business from small vessels that trade locally but with grand ambitions.
P&O share disposal pulls plug on container shipping P&O will finally withdraw from container shipping today when it completes the sale of its 25% stake in Royal P&O Nedlloyd, writes Janet Porter.
AP Møller secures 45% of P&O Ned TWO Danish banks have acquired the shares in Royal P&O Nedlloyd held by the P&O group, although AP Moller-Maersk has option agreements with the banks
Maersk agrees Indian cadet scheme AP MøLLER has entered into an agreement with the Academy of Maritime Education and Training in Chennai, India, to training 300 cadets a year
Anti-China calls surge in US AMERICAN protectionists targeting China have mobilised this week in the wake of the Chinese bid for Unocal, raising concerns over a potential trade war
Norfolkline to buy Norse Merchant NORFOLKLINE has signed a letter of intent to acquire Norse Merchant Ferries, which operates ferries on the Irish Sea
Railroads bank on intermodal Railroad analysts say global economic shifts are positioning intermodal as the best option for future revenue growth for rail.
Trucker dispute has immobilised 40% of Vancouver's usual volumes About 1,000 striking container-truckers affecting container-movements through Vancouver and Fraser Port box-terminals are still declining to resume negotiations with trucking companies, and there may be no progress until next week.
Regulatory approval worries prompt P&O's early share sale Concerns over possible delays caused by regulatory investigations into the acquisition of Royal P&O Nedlloyd (PONL) by AP Moeller-Maersk led to today's announcement of an early share sale by P&O Group.
Brokers study charter crossroads for signs of way forward
Chinese manufacturers exhaust textile quotas in a month
Le Havre port2000 agreement needed 'yesterday' or September, says stevedore
Bond issue will finance PSA's Singapore expansion
Jan Gelderland leaves ECT for HPH's bulk ambitions
Belem plots privatisation course
We're going broke, say Vancouver truck-drivers
SIPG floatation will not suffer muted Cosco IPO response
China ASEAN sets timetable for tariff cut
P&O Group severs links with liner shipping division
EMSA panel calls for additional tanker safety rules An expert panel has warned that fitting tankers with double hulls is not enouogh to prevent oil spills and that ...
Star Reefers buys six Polar class vessels Reefer owner/operator Star Reefers will invest a total of USD 117.3 million in six Polar class, 529,000 cu.ft., vessels ...
PDVSA targets equity share in Jamaica's Petrojam Proposed deal would see Venezuelan oil giant acquire a share of Kingston refinery and marketing arm for refined products, including heavy fuel oil, claim reports.
Sulphur price spread predicted to increase in US Conference speakers predict widening price differential, depending on cutter stocks and low-sulphur crude streams.
Huangpu: Fuel oil glut to persist in July Demand for imported fuel oil in southern China's Guangdong province is likely to remain low despite a summer energy shortage traders have said as high prices prompt buyers to opt for lower quality domestic product.
MPA: No further reports of MARPOL sulphur breaches Maritime and Port Authority (MPA) of Singapore tells Bunkerworld that it is following up a recent report that some bunker samples from the port tested slightly above 4.5% sulphur, but would not indicate if it would lead to any further action from the authority.
Summer-break for Ventspils bunker supply Barge repair work means hiatus in bunker supply for much of the summer.
Pirates face jail after guilty plea A group of Indonesian pirates has pleaded guilty to gang robbery after a foiled attempt to hijack a Malaysian oil products tanker off Langkawi, Malaysia, earlier this month.
DOE & API at a glance: Latest US inventory figures Crude and oil product inventories rise as increased refinery runs are offset by jump in imports.
Report warns of complacency over double-hulls A report of High Level Experts commissioned by the European Maritime Safety Agency (EMSA) has warned the shipping industry of complacency over pollution risks from double-hulled tankers.
Russian supplier continues expansion with barge orders Russian bunker supplier and barge operator awaits three barges as construction of new terminals continues.
Crude oil little changed after huge slump Crude oil prices in both New York and London were little changed this morning after both benchmarks slumped by over $2 in yesterday's trade.
Rotterdam: Congestion reduced but prompt still problematic
Singapore tanker detained by Malaysian authorities after spill A Singapore-owned tanker was suspected of causing the giant oil slick off Malaysia's south coast, while Malaysian officials said Singapore waters not affected.
Cosco undertakes conversion of oil tankers to double-hulls Cosco Corp (Singapore) Ltd, a unit of China's biggest shipping company, will be undertaking work to convert single-hulled oil tankers to double-hulls this year.
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