PSA shortlisted to bid for Pakistan port's operation PSA International is among four shortlisted terminal operators bidding for a 40-year concession to operate Pakistan's first deep-water port, including container and multi-purpose cargo handling, a report said.
Somalian Islamist forces free ship from pirates FORCES loyal to Somalia's powerful Islamist movement stormed a ship hijacked by pirates off the Somali coast, freeing the vessel and its crew after a fierce gunbattle, a maritime source said yesterday.
Europe's TUI seen posting lower Q3 earnings TUI AG, Europe's largest travel company and the owner of the Hapag-Lloyd shipping line, may report today that third-quarter profit dropped as lower Asian freight rates and higher fuel costs weighed down its marine division.
Georgiopoulos to bide time on acquisitions GENERAL Maritime chief executive Peter Georgiopoulos has said the company will use its $1bn war chest to 'pick people off', but only when ship prices come off the boil.
Regulators and yards slammed by Pacific Basin boss RICHARD Rawlinson, general manager for newbuildings at Hong Kong bulker operator Pacific Basin, has hit out at the IMO and other regulators for their approach to environmental legislation.
Doubt cast on owners' call to reduce sulphur emissions THE managing director of the Hong Kong Shipowners Association, Arthur Bowring, says the organisation has come to realise that its call for a 1% global cap in sulphur emissions from ships is probably not achievable in the foreseeable future, writes Mike Grinter in Hong Kong.
Thumbs up for dry bulk but box lines face more gloom PROSPECTS in the main shipping markets differ widely, with the most optimistic outlook in dry bulk and the most pessimistic in the container sector.
Second waste shipment leaves Abidjan A second vessel loaded with toxic waste from combination carrier Probo Koala was scheduled to leave Abidjan for France yesterday evening
SCI ventures into port operations SHIPPING Corp of India (SCI) has entered a joint venture to bid for Jawaharlal Nehru Port Trust's (JNPT) fourth container terminal
Migrant Watch: US/Caribbean BOTH bad weather and US Coast Guard vigilance are credited with a drop in the number of illegal Caribbean migrants attempting to reach Florida by sea this week
Pan United Marine delivers sterling results Pan United Marine Group, the Singapore shipbuilder and repairer, has delivered bullish 3Q results with net profit sharply higher at $8M
Democratic win expected to hold little change for House transport legislation Democrats win back the House, but officials expect transportation legislation to face same issues it did under Republican leadership.
Rotterdam dockers return to work on promise of roster review ECT dockers resumed work early this morning, with the unions' promise to take the controversial new rosters back to the negotiating table, although ECT has not yet agreed to new talks.
"Force" remains with the larger sizes as charter market slips again
Ministry withdraws funding from Busan New Port development
Seaspan to raise further US$30.8m as underwriters exercise over-allotment options
US elections see successes for lawmakers focused on security and transport
MEPs to promote Latin American relations through new assembly
Tasman Orient reworks North Asian service
APMT concession signed for Bahrain
Santos to widen access, for deeper-draught vessels
Rokia cargo removal operations start today
Vostochniy celebrates its first month in the black since transit tariff increases
ZPMC to deliver Fremantle, Brisbane and POAL post-panamax cranes
Ports to ban use of fuel oil bunkers Aggressive pollution reduction measure targeting 0.2% sulphur distillate fuel for all ship engines from next year.
Panama plans bunker market changes for 2007 Industry bunker cluster shortly considering recommendations for regulatory and infrastructure improvements.
Refiners release product into bunker market Japan has ample supply, but demand remains thin.
Green light for Baltic refinery deal Polish acquisition of Lithuanian refinery approved by EU regulators.
Bunker prices hit profits, but prospects are good Ship operators draw comfort from falling fuel prices.
Odfjell banks on better Q4 Tanker owner hopes for improved bottom line in the final quarter as bunker price burden looks set to ease.
Singapore bunker demand dries up Player says there is 'panic' in the market as buyers fail to respond to low offers.
Q3 triumph for Asian owner despite 112% rise in bunker cost Freight rate recovery boosts Q3 result for Asian owner, while another struggles in same period.
Rotterdam bunker market stable due to firm barge market
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