Cosco earnings double on higher volumes CHINA Ocean Shipping Co , which controls the nation's second-biggest container line, doubled its profit last year, the government's main planning ministry said.
Wan Hai container ship built by Jurong Shipyard launched ANOTHER vessel flying the Singapore flag, and the most advanced of its kind designed and built here, was launched yesterday at a naming ceremony at Jurong Shipyard.
German, Belgian port workers strike against EU reforms OVER 1,000 dock workers in Germany's main port of Hamburg have gone on strike in protest against the European Union's plans to liberalise port industry services, the trade union Verdi said yesterday.
Tokyo Gas to order more LNG tankers for spot trading
Tanker rates fall for sixth day on surplus supplies
Port Shots
Port Shots RUSSIA's second-largest oil port, Novorossiisk, opened to shipping yesterday after high winds and rough seas prevented tankers from docking for six days, local ship agents said.
Cosco earnings double on higher volumes CHINA Ocean Shipping Co , which controls the nation's second-biggest container line, doubled its profit last year, the government's main planning ministry said.
Wan Hai container ship built by Jurong Shipyard launched ANOTHER vessel flying the Singapore flag, and the most advanced of its kind designed and built here, was launched yesterday at a naming ceremony at Jurong Shipyard.
German, Belgian port workers strike against EU reforms OVER 1,000 dock workers in Germany's main port of Hamburg have gone on strike in protest against the European Union's plans to liberalise port industry services, the trade union Verdi said yesterday.
Tokyo Gas to order more LNG tankers for spot trading
Tanker rates fall for sixth day on surplus supplies
Port Shots
Port Shots RUSSIA's second-largest oil port, Novorossiisk, opened to shipping yesterday after high winds and rough seas prevented tankers from docking for six days, local ship agents said.
P&O shares soar as rivals square up for bid battle P&O's shares were propelled to a new high yesterday as the stock market grew confident that a bid battle for the UK ports group is in prospect between Singapore and Dubai.
British MEPs in Brussels fight over ports services directive EUROPEAN legislators are deeply divided about how the proposed ports services directive would affect Britain's leading ports.
DP World and PSA International to become shareholders in OnePort TERMINAL operators DP World and PSA International of Singapore are in talks to join OnePort, the electronic container services company owned by Hong Kong International Terminals, Modern Terminals, China Ocean Shipping and Tradelink.
Putin confirms Siberian pipe outlet RUSSIAN president Vladimir Putin has confirmed that construction of the new Siberian oil pipeline to carry crude eastwards for export will begin in the summer
Korea Gas to float LNG venture KOREA Gas Corp is floating a joint-venture company to handle LNG shipments in partnership with domestic shipping companies
China imports 130M tonnes of crude CHINA'S crude oil imports rose marginally to 3.3% for 2005 at 130M tonnes, the General Administration of Customs of China has stated
Spirit of Ontario service terminated ROBERT Duffy, newly inaugurated mayor of Rochester in the US state of New York has pulled the plug on the city's fast ferry service to Toronto
Baltic ice advisory service launched INCREASING oil tanker traffic through the Baltic Sea to and from Russia has prompted two Helsinki-based agencies to launch an ice advisory service
BMT adds Belgian surveyor Techmar BMT, the design, engineering and risk management consultancy, has bought Belgian marine surveyor Techmar International
Intermodal rail, truck rates rising Shippers of intermodal cargo seeing rising rates for tight rail and truck capacity as carriers focus on yield rather than market share.
Update: P&O shares top proposed offer price, as Stock Exchange gets excited Despite a lack of additional statements on PSA's intentions since yesterday, P&O deferred shares have exceeded the price indicated in yesterday's approach notice, indicating expectations of a bidding war.
Owners, charterers keep powder dry in 'phony war'
Mumbai offshore box terminal: 10 out of 11 bidders get security clearance
Hellespont orders again Papachristidis company in for four 115,000-dwt units at China's New Century shipyard.
EU ports hit by protests Dockers down tools in protest at attempts by Brussels to revive "ports of convenience" directive.
Marnavi breaks the ice Italian company controlled by Domenico Ievoli (left) orders two ice-strengthened 51,000-dwt product tankers from STX.
Teekay in for suezmaxes Tanker giant reported to be ordering two one-million barrel ships from Samsung for 2009 delivery.
P&O shares soar Bid target jumps 6% as Dubai and Singapore gear up for box-terminal world domination.
Greenpeace rammed by video Japanese whalers fight back with own media-savvy film of collision and attempts to foul propeller.
Nordea on top Bank reported to have beaten Norwegian rival DnB NOR in contest for shipfinance supremacy.
Gdansk turns to Ukraine Polish shipyard desperately seeking eastern workers after Poles head west.
NCL ship sinks before it is built A piece of the Norwegian Pearl is 20 meters under water after the ro-ro Tor Dania collided with the barge carrying it.
Smedvig shareholders get more time SeaDrill extends offer deadline again in bid to pick up 'smaller domestic' investors.
Japan detains 18 Port state checks result in Seatrade Groningen, Vega Reederei and Taiyo Nippon vessels being held in December.
Facelift for Varna Bulgaria's biggest shipyard spending cash to upgrade facilities this year.
Tsakos elects to go spot Company declines charter cover for first of ice-class Hyundai newbuilds.
CSCL orders boxship quartet China Shipping Container Lines has ordered a series of four 4,250-teu containerships at Dalian New.
Seaspan sues Canadian tug operator takes action over accident involving BC Ferries' Queen of Surrey.
Cosco doubles up Chinese shipping giant boosted by exports in 2005 as profit and revenues increase.
Indonesia takes axe to tax Government plans to ditch 10% VAT on cargo carried by foreign owners.
Oz escapes worst of Clare Mineral exporting facilities and offshore floating production units largely undamaged by cyclone.
Fifty-five days Hyundai's 'on-ground' shipbuilding method now matches conventional drydock assembly times.
Directors back GO Carriers Three senior executives in London-listed bulker operator have bought shares in the company.
Pilot feared drowned US Coastguard suspend search for man who fell into the sea while leaving handysize bulker.
Frank cashes in again Carnival's chief operating officer Howard Frank has raked in another $6m after selling more stock.
P&I Club slams US Coast Guard for cruel treatment of seafares The US Coast Guard's harsh methods during investigations on suspected violations of the discharge rules in the MARPOL convention have ...
Environmental friendly ship breaking launched An US-based Indian shipbroker has launched a new standard for scrapping ships world wide, but mainly in India. US ...
New helicopter for SAR operations in Denmark The first EH 101 Merlin Joint Supporter helicopter has been delivered for Search and Rescue (SAR) operations on Danish territory ...
California conference to consider emissions, goods movement 'Faster Freight Cleaner Air' covering port operations, transportation, and emissions controls.
Singapore: MPA stresses importance of following bunker procedure The MPA has again stressed the importance of all parties involved in bunkering following guidelines as outlined in its code of practice.
Alfa Laval secures navy contract for centrifuge systems Alfa Laval has secured a contract with the Indian Navy to supply centrifuge systems to its new ships.
US: Bunker suppliers could be responsible for marine pollution Liability for marine oil pollution could be extended beyond owners and operators to bunker companies, according to maritime lawyer.
Cyprus: Expansion prompts office move Continuing growth and expansion prompts physical supplier to relocate.
Rotterdam market stable
Japan: Shortage of barges impedes bunker supplies A shortage of barges to transport products from the refineries to oil storage terminals have cut back on bunker supplies in the Japanese market.
Singapore: GAC Bunker Fuels moves to new office
Oil spill unit needed to ease concerns Kenya's Petroleum Institute of East Africa yesterday urged the government to establish an oil spill unit to tackle maritime oil spills.
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