Hutchison plans to boost investments in ports HUTCHISON Whampoa Ltd, the world's biggest port operator, aims to boost its investments in Eastern Europe, the Middle East and other regions as it expands to take advantage of rising demand for sea cargo.
PSA denies buying stake in India venture PSA International has denied media reports out of India saying its subsidiary PSA Marine had bought a stake in an Indian shipping venture.
Ferry carrying 784 catches fire in Philippines; all safe A ferry carrying close to 800 passengers and crew caught fire yesterday while sailing in the central Philippines, but no injuries were immediately reported, a spokesman for the ship's owner said.
US House panel votes overwhelmingly to block Dubai ports deal
Admiralty Casebook
Equipment on survey ship not goods: court THE admiralty jurisdiction of the Singapore High Court is confined to goods carried on a ship as cargo or as passengers' baggage and not to other goods on a ship, the High Court has concluded following established English precedents.
Port Shots
PORT SHOTS INMARSAT Holdings Ltd, whose satellites provide communications for commercial cargo vessels, government patrol boats and round-the-world yachts, said its full-year profit more than tripled as demand for its services increased.
Hutchison plans to boost investments in ports HUTCHISON Whampoa Ltd, the world's biggest port operator, aims to boost its investments in Eastern Europe, the Middle East and other regions as it expands to take advantage of rising demand for sea cargo.
PSA denies buying stake in India venture PSA International has denied media reports out of India saying its subsidiary PSA Marine had bought a stake in an Indian shipping venture.
Ferry carrying 784 catches fire in Philippines; all safe A ferry carrying close to 800 passengers and crew caught fire yesterday while sailing in the central Philippines, but no injuries were immediately reported, a spokesman for the ship's owner said.
US House panel votes overwhelmingly to block Dubai ports deal
Admiralty Casebook
Equipment on survey ship not goods: court THE admiralty jurisdiction of the Singapore High Court is confined to goods carried on a ship as cargo or as passengers' baggage and not to other goods on a ship, the High Court has concluded following established English precedents.
Port Shots
PORT SHOTS INMARSAT Holdings Ltd, whose satellites provide communications for commercial cargo vessels, government patrol boats and round-the-world yachts, said its full-year profit more than tripled as demand for its services increased.
Hutchison plans to boost investments in ports HUTCHISON Whampoa Ltd, the world's biggest port operator, aims to boost its investments in Eastern Europe, the Middle East and other regions as it expands to take advantage of rising demand for sea cargo.
PSA denies buying stake in India venture PSA International has denied media reports out of India saying its subsidiary PSA Marine had bought a stake in an Indian shipping venture.
Ferry carrying 784 catches fire in Philippines; all safe A ferry carrying close to 800 passengers and crew caught fire yesterday while sailing in the central Philippines, but no injuries were immediately reported, a spokesman for the ship's owner said.
US House panel votes overwhelmingly to block Dubai ports deal
Admiralty Casebook
Equipment on survey ship not goods: court THE admiralty jurisdiction of the Singapore High Court is confined to goods carried on a ship as cargo or as passengers' baggage and not to other goods on a ship, the High Court has concluded following established English precedents.
Port Shots
PORT SHOTS INMARSAT Holdings Ltd, whose satellites provide communications for commercial cargo vessels, government patrol boats and round-the-world yachts, said its full-year profit more than tripled as demand for its services increased.
Ladyman unveils plans to make e-navigation a global reality THE UK government announced yesterday a new strategy on automatic identification systems as a key building block towards the development of e-navigation.
PSA Marine denies talk of India energy shipping stake buy REVELATION and denial yesterday marked the issue of whether Singapore has bought into an Indian energy shipping venture.
Merrill Lynch in Sempra LNG deal Powerful investment bank Merrill Lynch is buying liquefied natural gas import capacity in the US Gulf from Sempra Energy.
V.Ships dives in to buy UMC V.SHIPS has added another marine services company to its growing portfolio with the acquisition of underwater engineering specialist UMC International for an undisclosed price.
Vessel sinks in East Med storm A Maltese-flagged ship has sunk and at least one crew member is missing in some of the worst weather seen in the eastern Mediterranean this year
Mittal eyes more shipping capacity MITTAL Steel's shipping division, Ispat Shipping, is looking to expand its capacity in line with the rapidly rising volume of commodity movements
Argentine beef ban dismays exporters ARGENTINA'S meat industry has expressed its dismay over yesterday's government decision to ban beef exports for 180 days
Crew extinguishes ferry fire A blaze that broke out on the Philippine ferry Superferry 12 today was extinguished by the ship's crew
DP World to transfer control of P&O hubs As the P&O deal faces certain defeat in Congress, the Dubai company said it will transfer control of operations at 21 ports to U.S. 'entity.'
U.S. trade deficit record
Judge won't end PNCT lease
Fast track for transport ID card
Bill would require box scans
Cleaner trucks key to growth at LA-Long Beach
Hanjin adds Asia-Med service
Decision near on operator of $1.2B German box port
UPDATED:Retailers see no short-term port congestion, but keep watch over capacity The National Retail Federation are confident port congestion won't erupt suddenly over the next half-year, but are remaining vigilant about capacity, and about political 'grandstanding' which could threaten supply chains.
Melbourne dredging at least two years away The supplementary environmental effects study on Melbourne's channel-deepening project will not be completed until end-2006, meaning dredging is effectively delayed another two years, according to Port of Melbourne Corporation today.
ANL to plug AAX gap
APMT Rotterdam workers keep up half-shift stoppages
UK to set sails of e-navigation strategy
Shippers and shipping intermediaries cross swords in India
Dubai throws in towel Dubai-owned DP World will sell P&O's US terminal leases to US citizens. Private equity buyers are said to be on the move.
OMI shakes up fleet Robert Bugbee-led tanker owner OMI is announcing a series of sales and charters, some unreported.
Dubai compromise 'DOA' DP World is offering to put US port operations in domestic hands. But the bid to end the US political dispute may be stillborn unless it involves a sale.
Courage adds handymax Taiwanese-controlled operator picks up ex-Franser Shipping bulker to lift fleet to eleven ships.
Buy rating for KG house German media are headlining Harald Christ's long-announced plan to reduce ships as a share of HCI Capital's KG investments.
LNG sand problem denied ConocoPhillips is denying reports of sand contamination in an NYK ship calling at a new LNG field.
R8 gets switched Carnival is switching the Minerva II (ex-R8) to its Princess Cruise division next year to add to the Princess stable of ex-Renaissance steel.
Skuld sets up in Moscow Oslo based protection and indemnity club become the first to open an office in eastern Europe.
New CFO at Diana Simeon Palios has given Konstantinos Koutsomitopoulos a new position and hired a fresh CFO for his stocklisted bulker company.
Cruise laws challenged US subcommittee hears allegations that Irish girl died after buying alcohol on board a Costa vessel.
Wilson fleet nudges 100 Bergen owner buys two more mini bulkers on charter since 1998.
CSDC eyes second-hand deal Chinese tanker owner lines up purchase of VLCC for $105m.
Stolt builds in China Products tanker player to construct own terminal in Tianjin for an initial cost of $75m.
MOL calls on Canada Japanese boxship giant makes direct debut in Montreal with weekly service.
Golden Ocean makes bulk profit Belgian dry bulk operator snaps up two capesize newbuildings from Golden Ocean.
Bocimar bonanza Belgian dry bulk operator continues to expand with the purchase of another capesize from Teh-Hu.
New funds for Blasco Remnant of once-great Ukrainian owner plots fleet expansion comeback.
It's life but not as we know it Shipbuilder DSME announces $800m investment in Nigeria as firm branches out into oil exploration.
Brazil closes on PDVSA deal Yard officials to meet with Venezuelan president Hugo Chavez to bid for huge 36-ship tanker newbuilding order.
Premuda ties up FPSO Italian owner buys out partner to take full ownership of ENI-chartered tanker.
Back in business GulfMark puts 2004's losses to one side as it posts huge increase in operating profits.
Smit fit Hurricane season keeps Smit busy in 2005 as company announces strong annual returns.
Stena digs deep at Samsung Swedish owner orders Korea's most expensive ship - a drilling vessel ' at Samsung.
Setback for DP World A US House of Representatives committee votes overwhelmingly to block takeover of ports.
Swire upbeat Hong Kong group's shipowning and ship management divisions piled on profit in 2005.
Tallink sells vessel AS Tallink Grupp has sold its fast ferry "Tallink Autoexpress" to Compania Transmediterranea for an undisclosed price. The vessel will ...
Oil spill in Bay of Finland A helicopter from the Estonian border guard service has localised an oil spill at Vaindlo, near the position where "Runner ...
Lillgaard sells old work horse Rederi AB Lillgaard in Mariehamn has sold the 1,596-DWT dry cargo vessel "Lillgaard" to Egypt. Renamed "Joy 5", the ...
SMP: New lubricant designed to manage effects of oil stress Shell Marine Products has recently launched a new range of lubricant designed for medium speed diesel engines burning heavy fuel oil.
Bominflot UK to relocate in April
Premier Marine Fuels and Eximius form joint venture Cooperation expected to add value for both firms' existing clients.
Cold ironing 'cost effective' for California Air Resources Board inviting comments on draft report, analysing shore power costs and benefits.
Rotterdam market quiet after further bear mauling
Aegean boosts Caribbean service New barge for northern Jamaican ports.
Singapore: Residual fuels fall to eight-week low
Japan: February retroactive bunker price higher on month NYK will pay the highest price ever to Nippon Oil Corp for its February bunker fuel bill.
OPEC maintains output at 28 million bpd High oil prices led to the latest decision by OPEC, while the next meeting will be held on June 1.
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