ILO set to unveil new seafarers' bill of rights THE International Labour Organization has begun its two-week Maritime Session that is expected to result in a new labour convention aimed at safeguarding the rights and working conditions of the world's 1.2 million commercial seafarers.
WTSA to raise rates on shipping commo, chemical products CONTAINER shipping lines operating on the westbound trans-Pacific route from the US to Asia, including Neptune Orient Lines' APL, say that they will raise rates for carrying commodities and chemical products, starting next month.
Recovery in Asian dry bulk shipping rates DRY bulk shipping rates have bottomed out, and some traders say rates are showing signs of a recovery.
Evergreen deploying bigger vessels for new Bintulu service
Strait Talk
It should never have happened SOMETIMES you simply can't believe what you read. That was my initial response to reports coming in of the Red Sea disaster.
ILO set to unveil new seafarers' bill of rights THE International Labour Organization has begun its two-week Maritime Session that is expected to result in a new labour convention aimed at safeguarding the rights and working conditions of the world's 1.2 million commercial seafarers.
WTSA to raise rates on shipping commo, chemical products CONTAINER shipping lines operating on the westbound trans-Pacific route from the US to Asia, including Neptune Orient Lines' APL, say that they will raise rates for carrying commodities and chemical products, starting next month.
Recovery in Asian dry bulk shipping rates DRY bulk shipping rates have bottomed out, and some traders say rates are showing signs of a recovery.
Evergreen deploying bigger vessels for new Bintulu service
Strait Talk
It should never have happened SOMETIMES you simply can't believe what you read. That was my initial response to reports coming in of the Red Sea disaster.
Launch of S-type puts smile on Hatsu fleet Mitsubishi Heavy Industries' Kobe Shipyard has launched Hatsu Smile , the fourth in a series of 107,024 teu S-type container vessels that the shipbuilder is constructing for the Evergreen Group, Taiwan's largest shipping Group, writes Mike Grinter in Hong Kong.
Ferry 'had equipment to save all on board' DOOMED Red Sea ferry Al Salam Boccaccio 98 had life-saving equipment for about three times the number passengers it had aboard on the night it sank, according to records and certificates.
P&I mutuals face $26m Red Sea bill SHIPOWNERS' protection and indemnity mutuals may face a $26m bill in compensation for families of the victims of the Al Salam Boccaccio 98 ferry disaster, writes James Brewer.
Volgotanker faces bleak future after tax probe RUSSIAN state takeover could be the last redoubt for Volgotanker, the inland waterway carrier embroiled in the Yukos tax scandal and which operates one of the world's largest tanker fleets.
Oil prices push BP profits to $19bn HIGH oil prices pumped up BP's profits to record levels of $19.3bn for 2005 despite a fourth-quarter loss in its refining division.
Tirrenia under double pressure ITALIAN state-owned ferry operator Tirrenia is under pressure not only from rival companies, but also from road haulage companies
Cortes joins CSI, Megaports THE Honduran deepwater port of Cortes will join the US-led Container Security Initiative and Megaports programme
COSCO Pacific eyes Mediterranean investments COSCO Group and the Piraeus Port Authority will meet in Athens this Sunday to discuss the state-owned shipping company's intention to purchase stakes in Greek ports.
Bojonegara to be tendered soon after getting government approval Indonesian State Port Corporation (Pelindo II) has committed to tendering the Bojonegara International Port project soon after obtaining a government permit, a Pelindo II executive has declared.
Bass Strait service resumes amidst rumour of ANL's buying Patrick from Toll
US export declarations go paperless this year
K Line completes PSW1 upgrade
Port of Seattle sees 17.6% boost in 2005
Kombiverkehr homing in on 2m TEU
Latvian port-swap allows ship-drop and service upgrade
Stinnes/Railog launch combi-cargo service, in Rotterdam Port-inspired project
More calls at Gwangyang
North Carolina International Port site purchase approved
Volgotanker survival crisis Russian tanker owner begs to be renationalised to save company and 10,000 jobs.
PDVSA tanker refloated Kim Jacob will be inspected for damage before leaving for the US Virgin Islands.
Sistership left ferry to its fate Captain of another El Salam Maritime vessel stayed away from stricken Al Salam 98 to protect his own passengers.
Ice rescue fails Elderly Bulgarian cargoship still trapped in frozen Azov Sea after 63 hour battle is lost.
Profit, too, for Wilhelmsen CEO Ingar Skaug turns in tidy profit of his own under executive share scheme.
Greenpeace: "We'll flag out" Planet-saving good guys planned to switch ships to flag of convenience.
Solvang gains again Norwegian gas carrier owner lifts earnings for its 12,000-cbm to 60,000-cbm ships in 2005.
Iran raises Danish dues Danish owners could face total ban from Iranian ports in row over offensive cartoons.
Club defends tragic ferry Steamship Mutual says Egyptian vessel had lifesaving equipment for more than double the number aboard.
Eurofin expands Finance advisor hires former Tufton Oceanic director to spearhead growth in Russia and eastern Europe.
Record dividend for NATS Strong fourth quarter suezmax market and 20% increase in revenue days prompts bumper payout.
EC approves Cargill purchase US grain giant wins permission to buy inland transport business of Italy's Pagnan.
Saudis turn back El Salam ferry More trouble for owner of Al Salam 98 as another of its vessels deemed unsafe.
WW ups PCTC orders Wilh Wilhelmsen to purchase pair of 8,000-unit ships building at Daewoo for Wallenius Lines.
Toei turns it up Japanese reefer owner makes bigger nine-month profit from higher revenues.
Kawasaki Kinkai kicks on Japanese bulker and ro-ro operator boosts profit and revenues in first nine months.
Profits up at Wilh Wilhelmsen Norwegian owner describes result as "historic", but CEO Ingar Skaug says room for improvement (includes link to live video conference).
Manitowoc seals barge order US shipbuilder signs newbuilding deal for pair of double-hulled barge from domestic owner
Wartsila speeds ahead Engine maker reports 30% increase in profits for 2005 as investors set for bumper payout.
Maersk agent keeps Iran office open Business as usual for Danish shipping giant despite Tehran cutting trade tries with Denmark in cartoon row.
HHI eyes more China steel Prompted by cheaper prices Hyundai Heavy Industries is to double plate imports from China.
Kuribayashi slips to loss Japanese ro-ro operator reports third quarter loss, but expects full year figures to return to profit.
WW presents historic results Wilh. Wilhelmsen (WW) has announced another historic result for 2005 with net operating profits up from USD 207 million to ...
Herning orders from Chinese shipyard Herning Shipping has ordered two 7,000-DWT product tankers of the Chinese Shipyard Mingde Heavy Industries in Nanton. The vessels ...
Fiskerstrand gets twin Portuguese order Fiskerstrad Verft near Aalesund in Western Norway is contracted by Portuguese owners Atlantic Ferries to plan and build two commuter ...
Timeframe tight for cruise ship 1.5% agreement Summer cruise season approaching fast as Pacific Northwest ports and cruise lines negotiate MOU for low-sulphur fuel.
Refinery outage hits BP fourth quarter result Oil major reporting lower quarterly profit but overall 2005 result up despite Texas City refurbishment.
Lubrizol: Higher shipment volume helps offset costs Lubricant additives manufacturer continues to see strong growth as price and product mix, as well as higher shipment volume more than offset higher raw material and utility costs.
Wilh. Wilhelmsen reports profits up in 2005 Wilh. Wilhelmsen reports "a good result for 2005" and says the company is well hedged against high bunker prices in 2006.
Imarex: Bunker fuel oil derivatives trading up 87% Imarex broke two new liquidity records during January as trading in listed maritime derivatives contracts reached all time highs in the dry bulk, tankers and bunker fuel oil sectors.
Rotterdam bids/offers $10 apart late morning
Singapore: Demand levels mixed on strong fuel oil supplies Strong flow of fuel oil supplies while bunker traders reporting mixed levels of demand to start the month.
Oil prices to stay tall on refining capacity shortage No immediate solution to refining shortages, high oil prices, expert saying.
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