Coast Guard to re-inspect all P&O ports in US THE US Coast Guard has entered the fray saying it will re-inspect all existing Peninsular & Oriental Steam Navigation Co port facilities in the US as controversy continues to rage over the impending transfer of six container terminals to Dubai Ports World following its acquisition of the P&O Group.
Greek seamen suspend crippling week-long strike GREEK seamen yesterday called off a week-old strike that crippled the country's shipping and deprived hundreds of islands of basic necessities.
Stolt-Nielsen posts 6% decline in Q4 profit NORWEGIAN shipping group Stolt-Nielsen reported an unexpected 6 per cent drop in fourth-quarter operating profit yesterday but said it was cautiously optimistic about the chemical tanker market in 2006.
Admiralty Casebook
Ship's telecom equipment subject to maritime lien A US appeals court has upheld a lower court decision that telecommunications and Internet services equipment on a luxury cruise ship are part of the ship's operational gear and would be subject to any enforceable maritime lien.
Coast Guard to re-inspect all P&O ports in US THE US Coast Guard has entered the fray saying it will re-inspect all existing Peninsular & Oriental Steam Navigation Co port facilities in the US as controversy continues to rage over the impending transfer of six container terminals to Dubai Ports World following its acquisition of the P&O Group.
Greek seamen suspend crippling week-long strike GREEK seamen yesterday called off a week-old strike that crippled the country's shipping and deprived hundreds of islands of basic necessities.
Stolt-Nielsen posts 6% decline in Q4 profit NORWEGIAN shipping group Stolt-Nielsen reported an unexpected 6 per cent drop in fourth-quarter operating profit yesterday but said it was cautiously optimistic about the chemical tanker market in 2006.
Admiralty Casebook
Ship's telecom equipment subject to maritime lien A US appeals court has upheld a lower court decision that telecommunications and Internet services equipment on a luxury cruise ship are part of the ship's operational gear and would be subject to any enforceable maritime lien.
Greeks make case against 'unsafe' common rules GREEK shipowners have laid bare the full extent of their objections to class society common structural rules for tankers and bulkers, claiming the new standards represent 'an unacceptable regression' over existing rules.
Evergreen's Chang honoured with Lloyd's List Lifetime Achievement CHANG Yung-fa, founder and chairman of the Evergreen group, was last night honoured with a lifetime achievement award from Lloyd's List.
Facts fail to dull DP World uproar FACTUAL arguments have failed to quell the uproar in the US over DP World's $6.8bn takeover of P&O.
Vafias group nets dry bulk trio DESPITE being thwarted as it closed in on one bulk fleet earlier this month, the Greek Vafias group has managed to conclude a trio of dry bulk acquisitions in the past fortnight or so, it has emerged, writes Nigel Lowry in Athens.
Dredger help for stranded boxship A DREDGER that is to be deployed to "clear a channel through the sandy beach" is the latest twist in the tragic-comic case of the APL Panama , the German-owned containership stuck 1.5 miles off Ensenada since Christmas, writes Rajesh Joshi in New York .
Teekay two tanker deal worth $442m TEEKAY Shipping of Canada will buy two tankers after securing long-term charter contracts for two suezmax and one aframax shuttle tankers, expected to generate $442m in revenue over the 13-year life of the charters starting this year and next.
Landmark labour convention adopted THE adoption today by the International Labour Conference in Geneva of a consolidated maritime labour convention has been warmly welcomed by the ITF, on behalf of seafarers, and the ISF, on behalf of ship owners
DP World blames media for storm SENIOR executives at DP World have blamed the media for whipping up controversy in the US over the company's $6.8Bn takeover of P&O port interests
Qatar venture to manage LNG ships QATAR Shipping (Q-Ship) and Qatar Gas Transport Co, locally known as Nakilat, are soon to launch a 50:50 joint venture to own and operate LNG vessels
Ports buy required full probe: Senators Armed Services Committee said U.S. law required a full 45-day probe of DP World's acquisition of P&O's U.S. port assets.
Vancouver box backlog easing A backlog in container movements in Vancouver provoked by exceptionally bad weather which slowed down ships on the Pacific as well as causing congestion at Vancouver terminals is steadily easing.
DPW agreed to ongoing US scrutiny over ports deal
HK Green Lane project to get pilot scheme
STX and Korex consortium wins Gwangyang tender
Wan Hai to launch intra-Asia service
Busan cargo decline makes history
Great Eastern eyes potential box profits
Port users rail against Kokata restrictions
Port of Baltimore to employ eModal security system
Seaspan sifts coinage Canada and Hong Kong-based Seaspan is boasting of kept promises in its first full quarter of results as a public company.
Let's chat! Genmar and Peter Georgiopoulos are happy to be leaner if not meaner, chatting about their newer fleet, better hire rates and even John Fredriksen.
Teekay closes Sandefjord office Tanker giant is also moving 55 technical-management jobs from Vancouver HQ to Singapore, Glasgow and Houston during 2006.
Tankers beat turbot There is money in both for Stolt-Nielsen but the former is many times more profitable.
Lenac dock up for grabs Court orders sale to help pay off bankrupt Croatian yard's creditors.
Green eyes "tomorrow's reefers" Norwegian owner hatching plan to order four new-generation cargoships.
More horses for MAN B&W Costamare's 9,200 teu newbuildings get first diesel of more than 100,000bhp.
Greek strike over Week-long action that crippled ferry services to islands called off.
New owners for Andrea Joergen Antonsen sells Danish S&P broker as he opts for retirement.
Shipbroker suspended Leading Italian bulk charterer and its brokers rocked by allegations of unfair practice.
Namura slashes losses Japanese shipyard posts operating profit in first nine months, but net losses persist.
SSN moves into the black Polish shipyard has profitable 2005 after finishing two ships in fourth quarter and selling shares.
Attica blames bunker bills Greek ferry owner hit by higher fuel costs in 2005 as net result falls.
Chang warns over recession Evergreen chairman says major carriers could risk bankruptcy in downturn with delivery of huge 10,000-teu ships.
Knutsen LNG carrier damaged Newbuilding block reportedly falls on natural gas carrier under construction in Spain.
Stolt buys and doubles up Shipowner exercises purchase options on three ships with intention to convert them to double-skin.
Teekay earnings shrink But firm buoyed by $571m profit for year and gain of long-term contracts with Petrobras for shuttle tankers.
Five on Silja short list According to the Finnish business daily Taloussanomat, five bidders for Silja Line remains when the first phase of the sale ...
Agreement reached between Tallink and Riga Port AS Tallink Grupp and Freeport of Riga has signed an agreement for a ferry service between Stockholm and Riga. Traffic ...
Fjellstrand plans new yard for bigger ferries Fast ferry builders Fjellstrand in Western Norway wants to invest NOK 150 million (EUR 18.6 million) in a brand new ...
Shipowners protest fuel switching safety clause California may still collect emissions fees despite vessel engine safety concerns, critics saying.
Buyers wary of low-sulphur fuel US East Coast market seeing low-sulphur fuel oil bunkers but engine lubricity issues concern buyers.
Castrol Marine joins IMarEST Marine Partners scheme Castrol Marine is the latest organisation to join IMarEST's Marine Partners programme, to promote the sharing of knowledge and expertise.
Lubrizol appointment to focus on growth in emerging markets Additive manufacturer appoints new board member to focus on growth, particularly in emerging markets.
DOE & API at a glance: Latest key US inventory data API reports reduced stocks from last week, while the DOE reports mainly gains on the week and gains across the board for the year.
Ballooning bunker bills hurt Attica Ferry operator blames 21% profit drop on extra fuel cost.
Viswa Lab to inaugurate Singapore operation MPA Chief Executive will officially open Viswa Lab's Singapore laboratory next week, preceded by two full days of comprehensive seminars.
Rotterdam prices down in quiet market
Singapore: Residual fuels up, distillates at 6-week high
PetroChina looks to process more crude in Japan The aim is to process a third more crude at Nippon Oil.
Philippines: Reduction in excise tax on bunker fuel oil Excise tax on bunker fuel oil was reduced on increase in EVAT.
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