GE slammed for pushing rival container security standard GLOBAL container shipping lines have unleashed a stinging rebuke of General Electric and its partners who they claim are seeking to bypass efforts at creating a global standard for electronic container seals in a bid to promote their own product.
Strait war-risk rating will hit economies: KL LISTING the Malacca Strait as one of the world's most dangerous waterways will affect the economies of nations it borders and is unjustified, top Malaysian officials said yesterday Malaysia's Transport Minister Chan Kong Choy blasted the decision by influential insurer Lloyd's to list the strait as a war-risk area, a move which increases insurance premiums borne by shipping companies.
Wilh Wilhelmsen Q2 profit falls 39% WILH Wilhelmsen ASA, half-owner of the world's biggest operator of ships carrying vehicles, said second-quarter profit fell almost 39 per cent on rising wage and fuel costs.
Shipping lines to hike rates on wastepaper
Man working on recovery of Mitsui ship killed in fall
Strait Talk
Stop the gross misuse of tonnage TONNAGES of ships are complicated things. Journalists in the general press almost always get them wrong.
GE slammed for pushing rival container security standard GLOBAL container shipping lines have unleashed a stinging rebuke of General Electric and its partners who they claim are seeking to bypass efforts at creating a global standard for electronic container seals in a bid to promote their own product.
Strait war-risk rating will hit economies: KL LISTING the Malacca Strait as one of the world's most dangerous waterways will affect the economies of nations it borders and is unjustified, top Malaysian officials said yesterday Malaysia's Transport Minister Chan Kong Choy blasted the decision by influential insurer Lloyd's to list the strait as a war-risk area, a move which increases insurance premiums borne by shipping companies.
Wilh Wilhelmsen Q2 profit falls 39% WILH Wilhelmsen ASA, half-owner of the world's biggest operator of ships carrying vehicles, said second-quarter profit fell almost 39 per cent on rising wage and fuel costs.
Shipping lines to hike rates on wastepaper
Man working on recovery of Mitsui ship killed in fall
Strait Talk
Stop the gross misuse of tonnage TONNAGES of ships are complicated things. Journalists in the general press almost always get them wrong.
OEL Vision crew battle to avoid Indian rig collision Crew were last night in a race against time to restart the engines on an Orient Express Lines containership in the choppy seas off Mumbai High as the vessel sparked a major collision alert on an oil rig belonging to India's Oil & Natural Gas Corp.
Cougar Ace claims life of naval architect THE Cougar Ace claimed its first victim under tragic circumstances when a naval architect tasked with boarding the vessel as part of a recovery team died in an accident, writes Rajesh Joshi in New York.
Bush snubs Blair's California environment initiative BRITAIN and California have teamed up in a transatlantic alliance designed to combat global warming, with the state's Republican governor Arnold Schwarzenegger and British Prime Minister Tony Blair using a BP tanker in Long Beach as the backdrop, writes Rajesh Joshi in New York.
Logistics write-down and bunker costs hit Wilhelmsen first-half Global Automotive Logistics' retreat into bankruptcy protection has forced Wilh. Wilhelmsen to make a $25m writedown as it heads towards growing bunker cost exposure.
Castro temporarily cedes power HAVANA 01 August ' Cuban president Fidel Castro has temporarily ceded control to his brother Raul for medical reasons, a development of potentially significant interest to several shipping sectors
Ex-Celebrity captain cops plea SACKED Celebrity Cruises captain Periklis Petridis has pleaded guilty after failing numerous alcohol breathalyser tests and being arrested at the port of Seattle
Far East Maritime advances learning Far East Maritime Foundation, the Philippines' top training school, has inaugurated a new training centre to stretch its lead position in the sector
Write-off casts shadow on Wilhelmsen record WRITE-OFFS related to a logistics company hit 2Q06 profit at Norwegian-listed Wilh Wilhelmsen, though operating earnings reached a record high
LA on-dock rail heading for record year On-dock rail volume in the first half of the year accounted for 23.5 percent of the total container volume moving through the Southern California port complex.
Bush: Castro health crisis won't change Cuba policy
Pacer International net more than doubles
HMT exemption bill filed
Italia Marittima to upgrade USEC-Med service
U.S. issues improving as Deutsche Post revenue grows
Container volume up 4.5% at Port of Montreal
Delaware's Port of Wilmington plans container upgrades
Four bidders vie for Agulhas contract Four companies have submitted bids to remove the wrecked ship Safmarine Agulhas South African Maritime Safety Authority principal officer in East London Peter Kroon said yesterday.
EU directive slows HK export growth Hong Kong's export growth has been slowed by the Restriction of Hazardous Substances Directive applied by the 25 EU members on imported electrical and electronic equipment from July 1.
New credit for TBS Joe Royce-led dry-cargo owner TBS International has refinanced and expanded its credit with a new $140m credit facility.
Oglebay sells last ships Laurence Levy's Rand Logistics has chartered three former Oglebay Norton ships after a $13m private placement.
Shipping saves bottom line Rick Murrell-led Tropical Shipping made the biggest contribution to the bottom line at parent company Nicor in the second quarter.
Poland rejects Rotterdam Asbestos-laden former transatlantic liner Rotterdam (built 1959) ordered out of Polish territorial waters.
Perfect 10 SembCorp Marine of Singapore seals tenth consecutive quarterly profit increase on back of high rig demand.
Nenaco and Aboitiz join forces Rival Philippine ferry owners cooperate on price to compete with government's national ro-ro and bus transport system.
Maersk wins Aqaba port deal Danish giant's APM Terminals to develop and run Jordanian box facility for further 25 years.
HSL finally makes money Indian shipbuilder breaks into the black after years of losses, with turnover up significantly.
Another blank for Canada Port state officials detained no ships during June, the second time this year they have boasted a clean sheet.
Rig escapes boxhip bash Rough weather and power failure on a containership cause emergency evacuation of oil rig off Mumbai.
Write-down costs WW Norwegian car carrier player makes $25m write-down in value of part-owned French logistics firm.
GulfMark at new high US offshore vessel owner sets new records for second quarter and first half profit.
Material effects Consecutive-quarter profit sliced at Bharati Shipyard as material costs bite, but sales continue to pour in.
Cargo still in place Initial inspection of the Cougar Ace, marred by the death of salvor, reveals little cargo damage.
Drunken cruise master fined Former captain of Celebrity Cruises' Mercury receives one year suspension and $15,000 fine.
SK confirms VLCCs South Korea's largest crude oil shipper inks $250m deal for two VLCCs at compatriot yard.
Temas takes tumble Indonesian liner operator suffers first-half profit dip, despite revenue growth.
Three in for Scottish ferry run CalMac battling V.Ships and Western Ferries for new unrestricted Gourock to Dunoon service.
Cougar Ace claims life A member of the salvage team examining the listing MOL car carrier slips and falls to his death.
GL tops Paris MOU list Germanischer Lloyd keeps the top spot on the port state organisation Paris MOU's list over classification societies' inspection track record ...
Engship vessels to be converted in China Bore-owned Rederi aB Engships' ro-ro vessels "Heralden" and "Serenaden" will be converted to car carriers by Cosco Shipyard ...
First Finnlines ro-pax delivered Italian Fincantieri has delivered the first in a series of five ro-pax vessels to Finnlines. The delivery is considerably ...
Port and shipping line reaffirm green lease policy Port of Long Beach and K-line in signing ceremony for green lease, including cold ironing.
Blair joins California emissions fight British prime minister announcing deal with California's governor on 'collaboration'.
Bunkering creates a stink in Gibraltar Gibraltar residents hope for lasting improvement after year of frequent 'disgusting smells' from bunkering operations.
DMCC: Gasoline to follow fuel oil contract Dubai exchange set to extend energy operations.
ARA market firms on higher crude
Tropical storm approaches Hainan island Bunkering and port activities in the port of Zhanjiang may be affected later this week.
Japan: June marine fuel sales up 13.3% Marine fuel sales up from the previous month but marginally lower than year-ago levels.
Titan to gain full control of oil storage project $28.2 million to be paid in cash to acquire stakes in Fujian's oil and petrochemical storage project.
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