China will need 40-50 supertankers by 2012 CHINA's growing demand for oil will require Chinese shippers to build between 40 and 50 supertankers over the next five to six years, the head of Norwegian classification society Det Norske Veritas said yesterday.
PSA bids for Panama Canal project: report PSA International is among five major container terminal operators who have submitted preliminary bids to build and operate a US$900 million container terminal project at the western entrance to the Panama Canal, according to Panamanian officials.
Sri Lanka port still not back to normal A court ruling against a labour dispute at Sri Lanka's main port has failed to end the protest that has racked up huge losses for shippers, officials said yesterday.
Admiralty Casebook
Court jurisdiction depends on ship owner's connection to forum state THE jurisdiction of a US district court over a foreign ship owner does not turn on the nationality of its head charterer.
Port Shots
Port Shots SAILORS on UK-controlled merchant ships will be offered double pay to go to Lebanon and the Israeli city of Haifa, Lloyd's List said, without saying where it got the information.
China will need 40-50 supertankers by 2012 CHINA's growing demand for oil will require Chinese shippers to build between 40 and 50 supertankers over the next five to six years, the head of Norwegian classification society Det Norske Veritas said yesterday.
PSA bids for Panama Canal project: report PSA International is among five major container terminal operators who have submitted preliminary bids to build and operate a US$900 million container terminal project at the western entrance to the Panama Canal, according to Panamanian officials.
Sri Lanka port still not back to normal A court ruling against a labour dispute at Sri Lanka's main port has failed to end the protest that has racked up huge losses for shippers, officials said yesterday.
Admiralty Casebook
Court jurisdiction depends on ship owner's connection to forum state THE jurisdiction of a US district court over a foreign ship owner does not turn on the nationality of its head charterer.
Port Shots
Port Shots SAILORS on UK-controlled merchant ships will be offered double pay to go to Lebanon and the Israeli city of Haifa, Lloyd's List said, without saying where it got the information.
China will need 40-50 supertankers by 2012 CHINA's growing demand for oil will require Chinese shippers to build between 40 and 50 supertankers over the next five to six years, the head of Norwegian classification society Det Norske Veritas said yesterday.
PSA bids for Panama Canal project: report PSA International is among five major container terminal operators who have submitted preliminary bids to build and operate a US$900 million container terminal project at the western entrance to the Panama Canal, according to Panamanian officials.
Sri Lanka port still not back to normal A court ruling against a labour dispute at Sri Lanka's main port has failed to end the protest that has racked up huge losses for shippers, officials said yesterday.
Admiralty Casebook
Court jurisdiction depends on ship owner's connection to forum state THE jurisdiction of a US district court over a foreign ship owner does not turn on the nationality of its head charterer.
Port Shots
Port Shots SAILORS on UK-controlled merchant ships will be offered double pay to go to Lebanon and the Israeli city of Haifa, Lloyd's List said, without saying where it got the information.
Nine-ship order floats new Jones Act venture A NINE-ship order worth $1bn has given the Jones Act product tanker newbuilding market its first dose of competition.
Atlantic Marine is bought by JF Lehman for $170m ATLANTIC Marine, the privately held US shipbuilding and shiprepair group, has been sold to JF Lehman & Company, a private equity firm controlled by the eponymous former Navy Secretary in the Reagan administration in the 1980s, writes Rajesh Joshi in New York.
Growing US demand puts $100-plus oil in sight NEW York traders are taking hedge options to protect against $100 oil as Middle East tensions put more pressure on oil markets.
MC Shipping draws up LPG shortlist A SHORTLIST of three shipmanagers has been drawn up by MC Shipping to take on nine of its liquefied petroleum gas carriers which are leaving the V.Ships fold in a surprise split between the two long-time affiliates.
Crown Princess black box probe A TEAM from the US National Transportation Safety Board is to examine the data recorder of Princess Cruises' Crown Princess to establish the cause of Tuesday's steering incident, writes Sandra Speares.
Australian anger over Beirut charter AUSTRALIAN foreign minister Alexander Downer has been left embarrassed and hundreds of Australian citizens left angry on the quayside in Beirut after a Louis Cruise vessel Canberra thought had been chartered was taken by the Canadians with a higher bid
No double booking, says Louis LOUIS Cruise Lines has clarified that neither the Australian Embassy in Nicosia nor brokers acting on the Australian government's behalf confirmed the Serenade charter
Nordeuropa discharge questioned RHODE Island governor Donald Carcieri is publicly questioning why the tanker Nordeuropa was unloading during a violent lightning storm
Knutsen to buy into Sestao owner NORWEGIAN owner Knutsen is to take an 8% stake in Construcciones Navales del Norte, the new owner of shipbuilder La Naval de Sestao
Tropical Storm Beryl heads north TROPICAL Storm Beryl has strengthened over the past 24 hours and will pass through shipping lanes serving Northeast US ports during the coming days
US accelerates Lebanon evacuation THE US continues to add new commercial vessel capacity to its Lebanon evacuation force, adding the chartered ro-pax ferry Rahmah to the cruise vessel Orient Queen
Union Pacific revenues soar in second quarter, sees peak season 'challenge' Largest U.S. railroad to implement interrmodal plan in August, hoping to avoid repeat of congestion that backed up boxes in 2005.
ILA scanner plan could slow container handling
Senate panel votes $30 million for Title XI
Intermodal climbs 17% for Canadian National
Senate funds new Mississippi locks in waterways bill
Drawback reform proposed
House opposition to Oman trade deal
Wallenius to ship Subarus through Baltimore
New container berth planned for Vancouver terminal
War zone terminals keep gates open Lebanon's Beirut and Israel's Haifa have continued land-side operations despite the military conflict, while Beirut's terminal even reports enjoying a certain protection thanks to Royal Navy ships on evacuation manoeuvres.
Expect more box lessor consolidation says Textainer Textainer, a US subsidiary of South African company Trencor has become the world's largest container-leasing business through an agreement reached with Gateway Management Services.
Hutchison denies Indian security rejection
BALtrans eyes more European investment
MOL's grant plan in Vietnam
US rail: we'll cope with peak season, but not without investment
Multimodal state fund to raise fourth post-panamax crane in Portland
USS faces possible ratings cut Massive product tanker order at Nassco could cost New Jersey firm its Ba3 credit rating.
Ezra sells and charters back Singapore owner to pocket cash for nine anchor-handlers, while retaining them in its fleet.
Crews get war bonus Employers and ITF agree waters off Lebanon and Haifa warrant war bonus for crews.
NPP slammed again MAIB finds operators of Newhaven port still lacking after grounding of ferry Dieppe in 2005.
MC keeps this relationship LPG owner ups amount borrowed from longterm lender Scotia bank.
V.Ships Cyprus in MC split Technical management contracts for nine MC Shipping LPG vessels terminated 'by mutual agreement'.
Odfjell in dock again US detentions in June feature repeat offenders Odfjell and Crescent plus V.Ships tanker, Restis bulker and more OWS problems.
Fesco upgrades Russian owner adds capacity to multipurpose ship in China, with another vessel slated for similar work.
Repair trio for Western India Indian shipyard wins INR 70m deal to work on three vessels including an aframax tanker.
MOL to open in Vietnam Japanese boxship giant sets up wholly owned agency in Ho Chi Minh City after winning government clearance.
Tax setback for Heung-A Exemption claim by Korean shipowner thrown out by Philippines court.
Sea Containers a 'buy'? Rare vote of confidence for struggling transport group as New York analyst says bonds are a bargain.
Fred Olsen makes more Norwegian shipowner's holding companies Bonheur and Ganger Rolf up first half profit as drillships, FPSOs and cruiseships improve.
Jutha teams with Nordana Thai and Danish shipowners form joint venture targeting trans-Pacific general dry cargoes.
Still no sign of a Swedish tonnage tax In an answer to a question put forward by a Swedish MP whether or not the Government will present a ...
EU gives green light for Lithuanian tonnage tax The EU Commission has approved the introduction of a tonnage tax regime in Lithuania. The system will run from January ...
Bid for Scandlines in August According to media sources in Denmark, 13 potential buyers had entered the bidding for Danish/German Scandlines at the deadline ...
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