China's Cosco Shipyard in US$113m expansion drive CHINA's largest shipyard group, the Cosco Shipyard Group , is pumping in US$113 million to expand three of its seven shipyards, boosting its capacity by 28 per cent within a year's time, its main shareholder said yesterday.
Somali militia frees Korean trawler, crew SOMALI militiamen freed a South Korean trawler and its 25-man crew on Sunday and were probably paid about US$400,000 for their release, an east African maritime organisation said.
Fears of toxic spill allayed THE danger of a hazardous chemical spill at Keppel's Batangas Shipyard has diminished following the discovery by salvage divers that the sulphuric acid cargo carried by a chemical barge, which sank at the shipyard's pier, has been diluted by seawater.
PSA adds capacity at Voltri terminal
SK Shipping orders 2 VLCCs for US$250m
M'sian yard wins escort tug order
Port Shots
Port Shots BELGIAN owner CMB, whose main business activity is dry bulker operation Bocimar, made a net profit of 68 million euros in the first half of this year, compared to 78 million euros in the same period in 2005.
China's Cosco Shipyard in US$113m expansion drive CHINA's largest shipyard group, the Cosco Shipyard Group , is pumping in US$113 million to expand three of its seven shipyards, boosting its capacity by 28 per cent within a year's time, its main shareholder said yesterday.
Somali militia frees Korean trawler, crew SOMALI militiamen freed a South Korean trawler and its 25-man crew on Sunday and were probably paid about US$400,000 for their release, an east African maritime organisation said.
Fears of toxic spill allayed THE danger of a hazardous chemical spill at Keppel's Batangas Shipyard has diminished following the discovery by salvage divers that the sulphuric acid cargo carried by a chemical barge, which sank at the shipyard's pier, has been diluted by seawater.
PSA adds capacity at Voltri terminal
SK Shipping orders 2 VLCCs for US$250m
M'sian yard wins escort tug order
Port Shots
Port Shots BELGIAN owner CMB, whose main business activity is dry bulker operation Bocimar, made a net profit of 68 million euros in the first half of this year, compared to 78 million euros in the same period in 2005.
Lebanon storage tank oil spill heads for Syria TAR from a major oil spill fouling the coast of Lebanon has reached Syria, underlining fears that the pollution could spread to a wider area as continuing hostilities frustrate clean-up operations, writes Nigel Lowry in Athens.
Green light for Med pollution alliance MORE than a year after the announcement of an ambitious new pollution-fighting taskforce for the Mediterranean, the initiative finally appears to be moving forward with leading participants expecting an effective launch date this autumn.
Angry lines condemn GE's container security initiative THE US-based World Shipping Council has hit out at what it says is an attempt by IT giant General Electric to promote its own container security product via a not-for-profit global standards organisation.
Woman missing from Royal Caribbean cruise INVESTIGATIONS are continuing into the disappearance of a passenger from Royal Caribbean's Voyager of the Seas last week.
Bush, Blair visit US ports WHILE UK prime minister Tony Blair focuses on the environment at the Port of Long Beach today, President George Bush is promoting free trade in Miami
Drifting vessel forces oil rig shutdown THE breakdown of an Indian-owned feeder container ship yesterday led to the shutdown of oil production from ONGC's Bombay High oil platform
NAT grows after two-ship deal NORDIC American Tanker Shipping (NAT), the Bermuda-based Suezmax owner managed from Norway, has extended its expansion by the acquisition of two ships
Venezuela repeats US oil threat VENEZUELAN officials have once again threatened to curtail oil shipments to America, although most analysts continue to believe such a move is unlikely
Frustrated Mass officials look for next step MASSACHUSETTS activists whose efforts to enforce a state oil spill prevention act were rebuffed last week are being urged to work with the Coast Guard
Industry coalition offers Senate guidance for supply-chain security legislation A broad coalition of supply chain interests is urging the Senate leadership what to include -- and leave out -- of new security legislation.
APMT to expand in Aqaba APM Terminals has signed a 25-year contract to manage, operate and expand Aqaba Container Terminal, but despite the emphasis on regional gateway status, rather than transhipments, ship size remains important.
Politics can put brakes on US state tolling programmes With existing sources of US highway-funding seemingly unsustainable, while policy increasingly rejects 'building out of congestion', half the US states are looking at road-tolling programmes, according to the government watchdog.
WTSA raises US-Asia waste paper rates
Samudera Indonesia sees profits fall and sales expand
Reduced container freight rates help pull down SCI profits
Hurtigruten reflagging After 168 years of sailing under Norwegian flag, two of Hurtigrutens vessels will reflag. The vessels' Norwegian crews are replaced ...
Fuel cost exceeds cruise line's forecast Bunker bill running higher than Royal Caribbean expectations, blamed for profit fall.
Valero expects bunkers to pick up in fourth quarter Company posting positive second quarter results, with better numbers to come.
Marine environment becomes casualty of war International effort underway to address environmental disaster after bombed power plant leaks thousands of tonnes of fuel oil.
Scrubbers for bigger engines expected by year-end Krystallon scrubbers geared to fit European ferry sector targeted by upcoming EU sulphur directive, as well as SECA needs.
Rotterdam down sharply on lower crude/barge market
K Line lowers profit forecast Shipowner's mixed fleet expected to improve revenue, but fuel cost is hurting the company's profits.
Hong Kong: Fifteen suppliers on official 'Annex VI' register Since Annex VI came into force on May 19, 2005, 15 bunker suppliers in Hong Kong have confirmed their compliance with the regulation.
Shipping firm posts 84% drop in Q2 profit Singapore-listed shipping firm attributes fall in profit to high bunker costs and low freight rates.
Titan seeks to expand delivery capability with new barges Additional barges will initially be deployed in Titan's existing bunkering markets before expanding to other Asian ports.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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