Labour unions fight against worker exploitation GLOBAL labour unions vowed to step up the fight against the use of contract workers in the offshore oil and gas industry, saying the practice exploits workers from developing countries in particular.
DP World, Tianjin Port to build US$500m terminal DP World, the world's third-biggest container port operator, signed an agreement to develop a US$500 million terminal at the north-eastern Chinese harbour of Tianjin.
S'pore aframax rates up 65% since May FREIGHT rates for aframax tankers plying in and around Singapore have risen more than 65 per cent since last month, as lightering and cross-harbour operations increase, industry sources said yesterday.
PSA volumes up 31% on growing trade
Cosco, KKK, Yang Ming, and Hanjin to expand joint routes
EU maritime unions call for job protection policy
Pacific Basin may be up for sale as founder cashes out
Norwegian flag chaos sparks Wilh Wilhelmsen UK exodus BRITISH shipping's Scandinavian contingent is set to flourish following a decision by Wilh Wilhelmsen to turn its back on Norway and put newbuild deliveries under the Red Ensign.
Fast-moving owners snap up yard slots GIANLUIGI Aponte, Sammy Ofer and Jacques Saad' have left a trail of disgruntled liner shipping bosses in their wake after snapping up coveted newbuilding slots for super post-panamax ships.
Crude likely to peak at $100 per barrel, warns Malaysian leader HIGH oil prices are set to stay and could increase further, say oil industry executives and politicians.
Opec to boost spare capacity in attempt to lower prices AS OIL demand continues to rise, the Organisation of Petroleum Exporting Countries will invest billions of dollars to build spare production capacity to 6m daily barrels, writes Martyn Wingrove.
Wilhelmsen fed up with politicians "NORWEGIAN politicians have lost all interest in Norwegian shipping," claimed Wilh Wilhelmsen senior vice president Arild Iversen today
Seraya clean-up continues FUEL continues to be removed from the bulk carrier Ocean Seraya, which ran aground off the west coast of India on 3 June and subsequently broke into two
Fire forces evacuation from Boston ferry INVESTIGATORS are working today to determine the cause of an engineroom fire yesterday aboard a Boston area ferry that forced evacuation of the vessel
Berlin slammed for intermodal failings GERMANY'S ocean exports might come to a deadlock if Berlin fails to implement crucial rail infrastructure projects in the port hinterland in the near future
Brazil: truckers hit by strikes STRIKES and go-slows by customs officers are creating havoc and hardship for truckers and trucking companies linking markets in Brazil with Argentina and Uruguay
Murder ship master given 25 years A COURT in the UAE has sentenced an Indian tanker master to 25 years in jail in relation to the death of a crew member on his ship in February
New Customs Commissioner Basham says security, trade are 'twin goals' New Customs chief moves to allay concerns among traders that he would focus more on enforcement of Customs regulations than on trade, security.
Blust to leave FMC
Scan-all proposal not dead, warns RILA
U.S. freight gridlock nearing, says APL exec
Storm slogs into Florida
FedEx unveils new supply chain service
CKYH lines eye new routes
South Carolina port TEUs to rise 8.5%
Horizon Lines prices secondary stock offering
Carriers postpone unveiling of post-conference proposal
US Lines in ANZ expansion? According to rapidly-strengthening market rumours, US Lines is preparing a major expansion into Australia/New Zealand trades, possibly as soon as next month.
Over 1,000 boxes delayed by Indonesian road closure The recent closure of Surabaya-Gempol toll road has caused delays of over-five-hours to the more-than-1,000 containers exported through Surabaya East Java, Indonesia every day.
Malaysian hub aims to consolidate Sabah regional cargo
Massive fine for P&O over Melbourne docker death
CHKY alliance to enter N-S trades, while targeting E-W efficiencies
Hong Kong to decide on Terminal 10 project next year
Alberto makes landfall in Florida
Odense awaits independent inspection on weekend ship fire
DPW accelerates schedule of Vallarpadam terminal
ELAA take more time over proposal, to 'get it right'
Seven Old Port operators to run Busan New Port
Panama in Canal expansionist mood with European roadshow
DOF builds in Brazil Oslo-listed DOF ASA will spend $185m building two specialised support vessels at Brazilian-based shipyard Aker Promar.
Sonatrach orders VLCC Algeria's Sonatrach is going to Sino-Japanese joint venture yard Nacks for a 315,000-dwt VLCC newbuilding with partner Kawasaki.
Wilh Wilh snubs Norway flag "Why support the Norwegian government if they don't support us?" asks Wilh Wilhelmsen boss Arild Iversen.
Mercata beats out Dohle Germany's Peter Dohle may have lost out in a close race to take over Slovenia's state-controlled Splosna Plovba Portoroz.
Recanatis dump more OSG Members of the historical principal family of Overseas Shipholding Group greeted the board's decision to buy back shares by selling shares.
Horizon secondary prices Castle Harlan and other insiders are selling up to a fifth of outstanding shares in Horizon Lines for less than $93m.
Bocimar takes Diana panamax Greek public dry bulk outift secures year-long charter of new acquisition with Bocimar of Belgium.
Fisher cuts cable UK shipping group James Fisher exits cable-laying sector with sale of last vessel.
Maersk boxship blaze Fire ravages bridge and superstructure of massive newbuilding at AP Moller's Odense shipyard.
Japan holds 29 Cosco and IRISL ships feature on May detention list.
DP World builds in China Emirates ports company in $500m deal for second terminal venture in Tianjin.
Belships breaks out bonds Norwegian bulker owner hoping for NOK 200m take-up of new debt.
BC Ferries banks insurance cash Canadian owner faces lawsuits after sinking of Queen of the North, but profits rise in year to 31 March.
Cargotec to buy BMH Marine Finnish parent of MacGregor adding Swedish dry bulk handling equipment firm to stable.
NOL CEO resigns David Lim is to quit as CEO of Singapore's Neptune Orient Lines after three years in the job.
PacBasin denies "sell-off" Trading in shares suspended in Hong Kong as handymax bulker player denies it's seeking a buyer.
World's largest automatic mooring system to Port of Trelleborg TSS Port Equipment AB is going to design and deliver an automatic mooring system to one of the port's railway ...
Norway with new Safety at Sea law Norway's leftist government has published proposals for a new Safety at Sea law to update existing legislation, which dates back ...
Petrobaltic expands oil and gas exploration in the Baltic Sea Petrobaltic in Gdansk currently operates one drilling rig on the B-3 field, 80 kilometres North of Wladyslawowo. The oil ...
US bunker prices follow tumbling oil Suppliers scrambling to drop prices as Gulf shakes off early hurricane concerns.
New bunkering tankage for Florida Vitol announcing marine fuel facilities as part of new 2 million barrel terminal.
Matson receives green award Shipowner receiving Coast Guard recognition for 'environment excellence'.
Oil dips as investors shun commodity markets Latest monthly IEA report says high oil prices are slowing consumption, but global demand growth continues.
NOL shares take hit from Lim's departure, fuel price worries Market surprised by CEO's decision to leave NOL at a challenging time for the company.
Fuel removal continues from wrecked bulk carrier Pollution appears to be limited but uncertainty about fuel remaining onboard.
Latest crude levels suppress Rotterdam market
Lube producers' 'big fear' as US hurricane season begins With inventories still not recovered and memories fresh from last year's crisis, the marine lubes industry will be on tenterhooks until the end of the US hurricane season.
Shanghai to trade fuel oil contracts in August Shanghai Petroleum Exchange set to launch fuel oil forwards trading for 380 cst and 180 cst in August this year.
Singapore: Demand falters on rebound in bunker prices Suppliers witnessing weak demand in market, bunker prices expected to soften.
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