Competition body invites feedback on shipping plan THE newly formed Competition Commission of Singapore released details of its contentious anti-trust immunity for the liner shipping industry yesterday, kicking off three weeks of public consultation on its proposed exemption.
NTU launches scholarship for Masters programme THE Nanyang Technological University is launching a scholarship for its Masters in Science programme, bequeathed by Neptune Orient Lines in memory of its founding managing director, MJ Sayeed.
29 Indonesians missing after boat capsizes TWENTY-nine Indonesians are missing and feared dead after a freight boat laden with cows capsized in heavy seas off Indonesia's West Timor last weekend, a survivor and official said yesterday.
Admiralty Casebook
Carrier faulted for not stowing cargo safely THE dangers of carrying calcium hypochlorite by sea was highlighted last month.
Port Shots
Port Shots NORWEGIAN shipping group Stolt-Nielsen posted yesterday a bigger-than-expected drop in first-quarter net earnings but said the fundamentals of its main business remained positive.
Competition body invites feedback on shipping plan THE newly formed Competition Commission of Singapore released details of its contentious anti-trust immunity for the liner shipping industry yesterday, kicking off three weeks of public consultation on its proposed exemption.
NTU launches scholarship for Masters programme THE Nanyang Technological University is launching a scholarship for its Masters in Science programme, bequeathed by Neptune Orient Lines in memory of its founding managing director, MJ Sayeed.
29 Indonesians missing after boat capsizes TWENTY-nine Indonesians are missing and feared dead after a freight boat laden with cows capsized in heavy seas off Indonesia's West Timor last weekend, a survivor and official said yesterday.
Admiralty Casebook
Carrier faulted for not stowing cargo safely THE dangers of carrying calcium hypochlorite by sea was highlighted last month.
Port Shots
Port Shots NORWEGIAN shipping group Stolt-Nielsen posted yesterday a bigger-than-expected drop in first-quarter net earnings but said the fundamentals of its main business remained positive.
Competition body invites feedback on shipping plan THE newly formed Competition Commission of Singapore released details of its contentious anti-trust immunity for the liner shipping industry yesterday, kicking off three weeks of public consultation on its proposed exemption.
NTU launches scholarship for Masters programme THE Nanyang Technological University is launching a scholarship for its Masters in Science programme, bequeathed by Neptune Orient Lines in memory of its founding managing director, MJ Sayeed.
29 Indonesians missing after boat capsizes TWENTY-nine Indonesians are missing and feared dead after a freight boat laden with cows capsized in heavy seas off Indonesia's West Timor last weekend, a survivor and official said yesterday.
Admiralty Casebook
Carrier faulted for not stowing cargo safely THE dangers of carrying calcium hypochlorite by sea was highlighted last month.
Port Shots
Port Shots NORWEGIAN shipping group Stolt-Nielsen posted yesterday a bigger-than-expected drop in first-quarter net earnings but said the fundamentals of its main business remained positive.
Lloyd's weathers worst of hurricanes LLOYD'S has won praise from industry experts for keeping its overall loss to a relatively small £103m ($180m) last year despite a record net £3.3bn of hurricane claims. With another severe Atlantic storm season predicted.
Weber and Compass forge Greek link TWO leading US shipbroking houses, Charles R Weber Co and Compass Maritime Services, have joined forces to launch a new shipbrokerage in Greece.
Omega IPO targets dual listing LATEST Greek public flotation candidate Omega Navigation Enterprises has filed a prospectus in Singapore as well as in the US for its proposed $220m initial offering to fund the purchase of several tankers, writes Nigel Lowry in Athens.
Takeover talk helps lift Global Oceanic Carriers' share price by 18% Global Oceanic Carriers, the dry bulk shipping company which has taken a beating on London's Alternative Investment Market, could become the target of a takeover bid, writes Tony Gray.
Newcomer S5 scoops Qatar LNG agency deal GLOBAL ship agency newcomer S5 Agency World has beaten off stiff competition from established rivals to land a prestigious contract supporting Qatar's fast-growing liquefied natural gas trade.
Stolt counts legal costs STOLT-Nielsen was hit by $9M in legal expenses during its first quarter after revealing an additional $13.8M charge to Q405 results earlier this week, primarily stemming from anti-trust provisions
Asry to benefit from slipways BAHRAIN-based Arab Shipbuilding and Repair Yard (Asry) is to add two more slipways to boost the efficiency of region's leading ship repairing facility
IRI head urges 'concerted action' INCREASING pressure on shipowners "can only be solved by a concerted multilateral effort by the whole industry,' said Bill Gallagher, president of IRI
MARAD pushes short sea A WEBSITE to promote short sea shipping has been launched by the US Maritime Administration
PNSC to add three more vessels PAKISTAN national flag carrier PNSC is to acquire three second-hand vessels, including two more tankers, as part of its fleet expansion plan
NITC thrives on oil products trade THE National Iranian Tanker Co (NITC) has earned $1Bn in the country's old products trade during the last financial year, which closed on 20 March
Saadé warns on consolidation, calling for diversity Consolidation is a danger for both small and large-scale shipping lines, and some balance must also be maintained between European and Asian ownership, CMA CGM's Jacques Saadé suggested yesterday.
NOL mulls vessel sale and leaseback deal APL's parent, Neptune Orient Lines, is looking at the possibility of selling then leasing back its fleet through a listed shipping investment trust.
Duisport sees containers Staake up to new record
Pakistan opens up Indian Ocean access to China
Riga's BCT to lose second intra-European service in four months
Sharp increase in container volumes when Samskip chooses Helsingborg Icelandic Samskip has decided to make Helsingborg the hub for its Scandinavia services. This could lead to a 60 per ...
Utkilen orders three chemical tankers Bergen-based Anders Utkilens Rederi has ordered three 9,500 DWT chemical tankers at the Cantiere Navale De Poli yard in ...
Review of Norway's maritime fee system The Norwegian Coastal Administration (Kystverket) has begun a survey of all of Norway's maritime dues and fees with the view ...
EPA rewards Port of Los Angeles Port recipient of award for cold ironing project, planning new terminal.
Quality and availability main concerns for Asian shipping BP Marine event highlights quality and availability of low sulphur products as major concerns, while lubricant issues are also high on agenda.
Chemoil unveils plans for public offering IPO plans announced at ARACON2006 as the next logical step for international marine fuel supplier as it celebrates 25 years
Scrubber development beats regulations in environmental stakes MES President Peter Toombs tells Bunkerworld its scrubber provides SOx emission reductions exceeding SECA demands, and looks promising in meeting future regulations.
Rotterdam market firm at midday
Singapore: Middle distillate stocks at 19-week high Both onshore stocks of residual fuels and middle distillates rose in the week ended April 5.
Singapore: Oil trading hub faces competition Refinery developments in the Asian region poised to undercut activities in Singapore's oil trading market.
Hong Kong: MGO prices nearing $600 pmt MGO prices expected to firm further while supplies of 380 cst under slight squeeze.
Crude prices rise, US stockpiles fall Drop in US stockpiles of gasoline and distillates; OPEC March output lowest this year.
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