Dalian Port shelves plan to buy Jinzhou DALIAN Port, operator of China's third-largest oil port, has suspended its plan to buy Jinzhou Port Co Ltd, a smaller rival also located in north-east China.
Nov S'pore meet for council overseeing anti-piracy centre SINGAPORE is to host, in November, the first meeting of the governing council of the Information Sharing Centre of a regional group on combating piracy, ReCAAP.
M'sia exempts ship rentals from income tax THE government on Friday proposed that rental payment of ships under voyage charter, time charter or bare boat charter to a non-resident by a resident company in Malaysia be exempted from income tax.
Israel relaxes Lebanon port blockade ISRAEL is allowing a limited flow of ships to enter Lebanese ports, despite the formal continuation of the naval blockade in place since July. According to the Lloyd's agent in Beirut, a number of product tankers and bulk
Lines stop trading with Bangladesh in rates row FOREIGN ship operators have suspended transporting cargo to and from Bangladesh ports indefinitely after a legal row over the weekend with local exporters over higher freight rates.
Greece and Korea sign maritime agreement SOUTH Korea and Greece have signed a maritime co-operation agreement during a three-day visit to Greece by South Korean president Roh Moo-hyun that started on Sunday, writes Keith Wallis in Hong Kong.
Foreign firms fail to make shortlist for DP World's US assets BETWEEN five and eight US-based companies are on the shortlist in the second round of the process of evaluating the purchase of the US assets of Dubai Ports World, a senior official involved with the deal has said.
Polish yard subsidy report still awaited BRUSSELS 04 September ' EU Competition commissioner Neelie Kroes is believed to be still waiting for the report from the Polish government justifying the substantial subsidies that have been awarded to shipyards in Gdansk, Gdynia and Szczecin over the past year
Grimaldi dismisses quit rumours ALDO Grimaldi has strongly rejected speculation that he is about to leave Grandi Navi Veloci, the cruise ferry operator he set up in 1994
Malayan Towage demands payment MALAYAN Towage & Salvage (Salvtug) has demanded that the owner and insurer of the chemical barge Billy Star must pay for the services given
Italian magnate Orsero dies RAFFAELLO Orsero, owner of the Italian business empire GF Invest and one of the country's wealthiest shipowners, has died at the age of 69
Forth transfer plan gains MCA clearance PLANS for an oil tanker transfer scheme to be set up in the Firth of Forth appear to have moved a step forward
KOTC rides charter rate wave STATE-owned Kuwait Oil Tanker Co is thriving on the phenomenal increase in tonnage under charter
Up to eight bidders shortlisted by DPW for US assets Between five and eight US companies have been selected for the second round of bidding for six US terminals formerly operated by P&O, before Dubai Ports World acquired the UK company.
INSA protests at flouting of cabotage rules The Indonesian National Shipowners' Association is complaining that the Department of Transportation is allowing foreign vessels to lift domestic cargo, violating the cabotage principle stated in the Presidential Decree No5/2005.
Tschudi group completes TECO takeover
Maersk's roster slash faces NZ backlash
Emirates and TS Line's co-operation in the balance
Chittagong feeder crisis partially averted
ITF claims further L&B success
Dalian holds back plan to buy Jinzhou
New turnpike will shorten Tanjung Priok transit time
Trains increase Duisport-Antwerp/Zeebrugge connection frequency
Record profits and spending for Melbourne
Inland terminal warns clients of lingering operational woes at Rotterdam
Åland plans own shipping aid If the Finnish Government doesn't go ahead with an improved shipping policy, the district council on Åland will consider a ...
"Stella Polaris" sunk under tow "Stella Polaris", one of the world's first dedicated cruise vessels and by many seen as the most beautiful ship in ...
Teekay poised for Petrojarl takover Teekay Shipping is poised for a takeover of the Norwegian Floating Production Storage and Offloading FPSO owner/operator Petrojarl, based ...
US markets closed as prices fall elsewhere Crude and bunker markets in North America taking a holiday today while substantial drops in prices seen elsewhere.
Saudi Aramco reverses Asian fuel oil flow First ever import of cargoes for Middle East refiner at depressed prices.
Shipowner dissects poor result, outlines challenges Fuel increasing 50% for Maersk Line with falling freight rates epitomising the difficulties of current ship operations.
Container lines raise tariffs Two groups announce higher container rates to cover rising costs.
Re-branded Chemoil prepares to float 382 million shares Preliminary prospectus talks of expansion plans, just as Chemoil unveils its corporate re-branding.
ARA market decreases
Clouds lift over the Malacca Strait Security status should not be taken for granted as "there is every possibility that the JWC will put the Malacca Strait back into the war-risk category again", a maritime security researcher says.
Nigeria ready to phase out single hull tankers National Maritime Authority has reminded shipping stakeholders about MARPOL single hull phase-out schedule.
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