Premiums for Lebanon-bound vessels double after flare-up INSURANCE costs for shipping companies operating near Lebanon more than doubled and some ships were required to alter their routes following Israel's blockade of the country's ports.
Tanker rates surge to 21-week high on vessel shortage THE cost of shipping crude oil from the Middle East to Asia on two-million-barrel tankers rose to its highest in 21 weeks due to a shortage of ships for the first 10 days of August.
30 injured as cruise ship lists off Florida after steering trouble
A cruise ship listed heavily after leaving Port Canaveral in central Florida on Tuesday, injuring about 30 people who were flung across decks
Port Shots
Port Shots INTERNATIONAL Container Terminal Services Inc, which operates ports in the Philippines and four other countries, said yesterday that it had asked a court in Guam to order a resumption of talks about a cargo facility in the US territory.
Premiums for Lebanon-bound vessels double after flare-up INSURANCE costs for shipping companies operating near Lebanon more than doubled and some ships were required to alter their routes following Israel's blockade of the country's ports.
Tanker rates surge to 21-week high on vessel shortage THE cost of shipping crude oil from the Middle East to Asia on two-million-barrel tankers rose to its highest in 21 weeks due to a shortage of ships for the first 10 days of August.
30 injured as cruise ship lists off Florida after steering trouble
A cruise ship listed heavily after leaving Port Canaveral in central Florida on Tuesday, injuring about 30 people who were flung across decks
Port Shots
Port Shots INTERNATIONAL Container Terminal Services Inc, which operates ports in the Philippines and four other countries, said yesterday that it had asked a court in Guam to order a resumption of talks about a cargo facility in the US territory.
UK seafarers to get double pay in danger zone SEAFARERS on board UK controlled merchant ships are to be offered double pay, with the option of disembarking at a reasonable point, for going into the latest Middle East danger areas.
US to waive repatriation charges THE US has agreed to transport its nationals out of Lebanon for free, thereby aborting a potential controversy.
Dozens hurt as Crown Princess lists DOZENS of people have been injured, some seriously, after Princess Cruises' newbuild Crown Princess developed an unexpected list shortly after leaving Port Canaveral en route to New York.
Rocketing fuel costs launches compensation debate by TSA SOARING bunker prices and how lines can be compensated for them in 12-month contracts topped the agenda at a meeting of chief executives from members of Transpacific Stabilization Agreement.
Tanker escapes terminal blaze THE Norden-operated tanker Nord Europa survived a lightening-sparked conflagration at the Motiva Terminal in Providence, Rhode Island last night
Tropical Storm Beryl forms off US TROPICAL Storm Beryl has formed off the US East Coast and is heading northward into shipping lanes serving major mid-Atlantic ports
Princess suffers steering breakdown PRINCESS Cruises' newly delivered Crown Princess suffered a severe steering malfunction off Port Canaveral, Florida, yesterday
Panama drops Filipino law course PANAMA has suspended the requirement for Filipino officers and engineers to take a maritime law course that was only imposed on 1 July
German study calls for port plan CALLS for a national port development plan in Germany have been given fresh impetus by a study commissioned by the secretary of environment
Pacific Northwest ports in rail pact Washington ports of Tacoma (left), Olympia form partnership to improve regional rail system capacity, establish logistics center.
Antwerp to tackle 'disappointing' Asia-Europe growth of 2% Antwerp is to tackle factors leading to a 'disappointing' 2% rise in Asia-Europe volumes this January-June, despite the opening of the Deurganckdok, trouble at Rotterdam and new Antwerp services.
Mombasa gears up for future growth Kenya Ports Authority Board chairman Joseph Kibwana says the authority can deliver the 420 moves/vessel/day required under a new performance contract signed with the Government for 2006/07.
Rates and dates not making waves in summer status quo
Court backs Port of Vancouver in trucking intervention
240 hurt on Crown Princess Three passengers and two crew remain hospitalised in Tuesday's list, Princess says, as probe of cause gets underway.
Jones Act giant US Shipping confirms plans to build nine US flag products tankers at San Diego's Nassco shipyard, making $1bn series main challenger to OSG in cabotage trade.
Cantor likes tankers Genmar, OMI Corp and TEN win upgrades from New York bank, while TOP Tankers and Arlington mark time.
Crew of fire-ravaged ship found Panama-flagged cement carrier located after a week adrift off Sri Lanka with all 30 crew safe.
Private equity buys US yards Former US navy secretary John Lehman's private equity group is buying Jacksonville and Mobile shipyard group Atlantic Marine.
Lithuania gets a break European commissioners green light new 10-year tonnage tax scheme.
Norden tanker flees lightning fire Blaze engulfs dock near fuel tanks as fireball fills Rhode Island night sky.
Fidelity swoops on K Line US investor picks up 7% of shares in K Line as stock price touches 52-week low.
Wilson spend tops NOK 1 bn Purchase of the Linito brings owned fleet for Bergen operator to 58.
Five in for Panama port Ports players like AP Moller, Hutchison and PSA vie for big terminal contract at Panama Canal entrance.
Tri-Marine gets apology Greek bulk carrier was detained for only four days rather than the three weeks the UK Maritime and Coastguard Agency originally claimed.
Havyard Leirvik gets facelift Norwegian shipbuilder to lengthen drydock to cope with record offshore order levels.
Reefer stowaway bunch detained Californian port officials find unappealing cargo amongst bananas onboard reefer from Ecuador.
Songa halves losses Arne Blystad's drillship and rig company improves on tough 2005 in first half of 2006.
Turkish ferry double-booked Frustrated Australian government officials look for new ship to take evacuees from Lebanon.
Armada bound for Beirut Sea lanes between Lebanon and Cyprus set to see up to 20 merchant ships involved in evacuation.
Cosco bulker reaches port Three tugs help refloated Zhi Qiang into Port Moresby after it grounded on 1 July.
Terror fears over Beirut ships US orders buildup of military vessels off Lebanon to counter any threats to maritime evacuation.
Samsung gets drill order Identity of European buyer not revealed for $582m drillship for delivery mid-2009.
MS Tanker adds a third MOL and Sinotrans joint venture to bolster tanker fleet with first double-hulled newbuilding VLCC.
Veder seals gas order Dutch shipowner orders first LNG carrier on the back of contract from distributor Gasnor.
US oil inventories recover Recovery across the board for US crude oil imports, refining and oil inventory levels.
Kazakhstan eyes Latvian oil terminal In a bid to diversify potential outlets for increasing Kazakh crude oil production, the Kazakh government has expressed interest in acquiring a stake in Ventspils Nafta.
Founder of global broker outfit dies Founder of Cockett Marine fuels and author of bunker reference book has passed away.
Bunker fuel leak after shipyard explosion Following an explosion at a shipyard in Laem Chabang, bunker oil has leaked into surround waters and polluted local beaches.
New bunker barge rates in the Houston area New barging rates will come into froce in the Houston area from August 1.
Rotterdam market softer in line with crude
Singapore: Prices drop amid good avails Bunker traders expect strong demand over the next couple of days.
Singapore supplier completes second debunkering
Chemoil advises on new US bunker delivery tax New fees will apply to all bunker deliveries made in the US following reinstatement of the Oil Spill Liability Tax.
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