Court rulings 'threaten Filipino seafarer jobs' RECENT compensation rulings by the Philippine Supreme Court could lead to employers of Filipino seafarers 'walking away' from what is currently the largest source of manpower for the world fleet, the International Maritime Employers Committee has warned.
India's Larsen to spend US$400m on shipbuilding LARSEN & Toubro, India's biggest engineering company, will invest US$400 million in its shipbuilding unit, seeking to gain market share for smaller vessels as South Korean yards rush to complete record orders.
China Cosco's profit falls 65% on rates, port unit CHINA Cosco Holdings, owner of the nation's biggest container-shipping line, had a larger-than-expected drop in first-half profit due to lower freight rates and a fall in earnings from its port unit.
Malacca Strait users offer vocal support for projects
Brussels' 24-hour box rule 'fatally flawed' BRUSSELS' clone of the US "24-hour rule" for advance container screening - to be enforced among the 25 member states from July 2009 - would "achieve nothing" and have 'no real security value' because of a fatal flaw in the current version of the draft, a liner shipping expert has warned.
Normal working for Thai ports after military seize control THAILAND'S main port of Laem Chabang was working normally yesterday following Tuesday's overnight military coup which saw tanks rolling down the main streets of Bangkok.
OPEC says oil price to settle at $50 a barrel OIL price attitudes appear to be converging, with producers and consumers forecasting $50 crude for the medium term, writes Martyn Wingrove .
Danaos lines up $200m New York share offer GREEK containership owner Danaos Corporation has filed with the US Securities and Exchange Commission for an intended $200m initial public offering on the New York Stock Exchange.
Shun the gun culture: Mitropoulos KUALA LUMPUR 20 September ' IMO secretary general Efthimios Mitropoulos has urged ship owners to resist the temptation to carry arms to fight off pirate attacks
Littoral states key to Malacca safety MAINTENANCE of safety and security on the Strait of Malacca should hinge on the littoral states with users volunteering their assistance, an IMO director said today
Turkey eases flag requirements TURKEY has eased restrictions on its flag, removing the requirement to call at a Turkish port before registration, and extending the registration period to one year
N Koreans seek ferry compensation NORTH Korea's Minjok Insurance General Co is reported to have made insurance claims with UK and Russian reinsurance companies, including one involving a ferry
Seacats could bring Caribbean closer A call for fast ferry services linking the Eastern Caribbean from Guyana up to the Bahamas has been made by the People's Empowerment Party of Barbados
Macquarie makes terminal breakthrough MACQUARIE Korea Opportunity Fund has taken a 40% stake in six container terminals in an agreement with Hanjin Shipping
INFA urges "cabotage" principle to protect domestic forwarders The Indonesian National Forwarders' Association is urging the government to adopt "cabotage" principles in the sector, in a bid to protect the country's local forwarders from foreign domination.
"Re-lets, re-lets, re-lets": brokers scan horizons for new business
MarAd appointee backs shortsea shipping
South Korea proposes test operation on Trans-Asia Rail
US establishes Dialogue to sweeten climate of trade relations
Danaos Corporation goes to market, with New York IPO
More cars to CMP Copenhagen Malmö Port, CMP, continues to grow as import hub for new cars. Already being the largest import port for ...
TTS to deliver ro-ro equipment for Airbus vessels TTS Ships Equipment in G'teborg will deliver 720 tons of ro-ro equipment to two vessels, built primarily for transportation ...
DOF orders in India Norwegian DOF has ordered two platform VS 470 MK II supply vessels from Temba Shipyard in India. The vessels are ...
Bunker price floor sinks lower with bearish crude US ports seeing prices heading further south as crude and fuel oil continues its record slide.
Compliance with SECA regulations '10% or less' Policing of sulphur emission control areas is likely to be stepped up next year.
Durban refinery expects to manufacture bunkers 'this week' Maintenance work finally draws to a close at the Sapref plant and product is moving from Cape Town to Durban to ease shortages.
Inadequate port infrastructure hitting India's economy APL chief calls for strategic investment at key hubs.
Reports: Urgent CO2 cuts needed to avoid climate chaos Greenhouse gas emissions underestimated due to failure to include shipping and aviation.
Rotterdam softer, prompt supply tight
Oil prices near $60 Saudi Arabia's oil minister says oil price is ''reasonable'', bunker prices fall in line with softer crude.
Tight fuel oil avails grip East Asian market Low bunker fuel availability in South Korea and Hong Kong not likely to recover until late-September.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
