Key to security is knowing what's in the box: APL exec THE biggest challenge in supply chain security is knowing 'what's in the box', according to the head of security for Neptune Orient Line's APL container division, who cautioned against rushing to technology-based solutions.
Greek shipowners set to spend record sums on new vessels GREEK shipowners are on course to spend a record amount on vessels in 2006 amid confidence that the booming economies of China and India will keep driving demand and as they replace ageing fleets.
PYI plans HK$800m Chinese port buys to tap oil demand PYI Corp, an investor in Chinese ports, plans to spend HK$800 million by March 2007 buying terminals in eastern China to benefit from the country's surging demand for oil and other raw materials.
Key to security is knowing what's in the box: APL exec THE biggest challenge in supply chain security is knowing 'what's in the box', according to the head of security for Neptune Orient Line's APL container division, who cautioned against rushing to technology-based solutions.
Greek shipowners set to spend record sums on new vessels GREEK shipowners are on course to spend a record amount on vessels in 2006 amid confidence that the booming economies of China and India will keep driving demand and as they replace ageing fleets.
PYI plans HK$800m Chinese port buys to tap oil demand PYI Corp, an investor in Chinese ports, plans to spend HK$800 million by March 2007 buying terminals in eastern China to benefit from the country's surging demand for oil and other raw materials.
DP World mulls £1bn London-Dubai IPO London could share in a multi-billion-dollar initial public offering from DP World of Dubai, the top three global container port operator which acquired P&O earlier this year for £3.9bn ($7bn).
Pension bonanza for ABS executives adds to Prestige crossfire THE sweeping management reshuffle announced by American Bureau of Shipping last month came after revelations of multi-million dollar pension fund payouts to top executives.
Act now over general cargo casualties, urges Rina THE Royal Institution of Naval Architects has urged member states of the International Maritime Organization to act over the high frequency of losses occurring in the general cargoship sector.
Stolt crew in reflagging protest A decision to reflag the Australian-manned chemical tanker Stolt Australia and recrew the ship with Filipinos sparked controversy at the weekend
Moby and SNAV agree joint service ITALIAN private ferry operators Moby and SNAV have agreed to work together in a commercial partnership on the Civitavecchia (Rome)-Olbia (Sardinia) route
Alaska ferry picks up survivors ALASKA Marine Highway ro-pax ferry Taku made an unscheduled pick-up early on Saturday morning, saving three fishermen after their commercial fishing vessel sank
Higher profits in pipeline for Transneft RUSSIA'S pipeline agency Transneft, which controls all crude oil pipelines for delivery to the country's ports and to cross-border destinations, is having a bumper year
Unsafe tanker sent from LA port COAST Guard officials banned a Marshall Islands-flagged tanker from the port of Los Angeles on Friday after learning its inert gas system was inoperable
IM Skaugen suffers in first half HIGHER-than-forecast operating costs at its shuttle tanker division wiped out more than half the first-half profit at Norwegian shipping group IM Skaugen
Capacity fears push up charter rates Rates hit six-month highs on surging traffic, fueling concern among carriers that they will be short of capacity during peak season.
Smooth peak season seen for U.S. container gateways
More Bayport delays
Canada discussing merger of western port operations
No fuel charge increase for TACA lines
Strong Seaway results
Maine Maritime schedules international networking conference
Owners on newbuild spree again Newbuild orders boomed last month, allowing the quarter to catch up after a lacklustre year and 'soaking up' Very Large Container Ship (VLCS) yard capacity through 2009.
Over 100 boxes swept away by Typhoon Ewiniar Typhoon Ewiniar has swept away over 100 containers in the water near South Korea.
Dead bodies found on boxship on Africa-Asia trade
BC ports agree to explore merger
India's corporate giants compete for JNP fourth box-terminal
Norwegians want Aussie ferry Australian TT-Line has signed a letter of intent covering the sale of the ro-pax ferry "Spirit of Tasmania ...
Court finds Wärtsilä not guilty of bribery The Vasa Court of Appeal has approved of a verdict in the District Court of Vasa and found Wärtsilä and ...
Stolt-Nielsen's cartel costs drawing towards billion mark During Q2 this year, Stolt-Nielsen was forced to book close to NOK 75 million (EUR 9.4 million) for legal ...
Public forums on emissions plan Los Angeles and Long Beach holding public meetings to discuss new clean air measures.
Petrobras market entry sees softer prices New Uruguay operation launching today, but longer-term market impact unknown.
Lake Charles: Open for bunker business Barge deliveries resuming as ship restrictions easing and vessel traffic continuing.
Salvors make good progress in bunker, container removal Bunker and cargo removal from Safmarine Agulhas has made good progress after Friday's weather scare.
Talk grows of triple-digit oil prices Bullish analysts talk of crude oil trading around $100 by year-end and maybe hitting twice that in 2007.
Clean air plan could bring port operations to standstill Fears raised over European Commission proposal for Directive on Ambient Air Quality.
Japan bunker fuel prices dip below Singapore Prices for 180 cst in Tokyo Bay fall below Singapore's prices on surplus of fuel oil supplies.
ARA market holding steady Monday morning
Singapore: Underground storage project to open tender soon Dutch oil storage firm Royal Vopak interested in helping JTC run the underground storage facility.
South Korea: Bunker operations halted as typhoon approaches Bunker barge operations and berths were closed ahead of the approaching typhoon.
Singapore: Ocean Tankers to invest in new VLCCs The company will build six VLCCs in support of its oil trading activities.
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