Thome builds up expertise in managing LNG carriers WITH the global fleet of liquefied natural gas carriers set to more than double to nearly 400 vessels within three years, Singapore-based Thome Ship Management is aiming big as it pioneers a new niche sector in the Singapore maritime scene.
World's largest deep-sea drill readies for action THE Chikyu is studded with superlatives. Completed last year, the ship houses the world's biggest deep-sea drill, sports a high-tech floating laboratory and boasts a hefty 57.3 billion yen price tag.
Toll plans to fight antitrust watchdog on Patrick bid TOLL Holdings Ltd, Australia's biggest land transport firm, will challenge the legality of a decision by the antitrust watchdog to block its US$3 billion bid for the country's top ports operator, Patrick Corp Ltd.
Emergency crews rush to clean up oil spill in Australia
Hext to take helm at Pacific Basin RICHARD Hext, deputy chairman of Pacific Basin Shipping, will take over as chief executive and executive director following the resignation of Mark Harris who will step down after the next annual meeting on April 7.
India on collision course with Brussels over conferences INDIA is preparing legislation that could put it on a collision course with Brussels over liner shipping practices.
QM2 tourists take legal action UK LAW firm Capital Law has filed a class action on behalf of passengers of the Queen Mary 2 who have been protesting over delays to a 38-day cruise around South America due to one of the ship's pods being out of action.
VLCC rates soar on booming Asian demand VERY large crude carrier rates have doubled this week as tonnage availability tightens amid booming oil demand in Asia.
IMO plans overhaul of training regulations THE International Maritime Organization's sub-committee on standards of training and watchkeeping is to recommend a complete revision of the STCW '95 regulations.
Migrant Watch: US/Caribbean A TUG master faces questions in Puerto Rico after seven Dominicans were caught yesterday stowing away on his barge
Sovcomflot responds to allegations SOVCOMFLOT chief executive Sergei Frank has responded strongly to allegations that that accidents involving a Unicom-managed tanker had led to industry concerns
Varun boosts 4Q profit MUMBAI-based Varun Shipping has reported a net profit of Rs527.2M ($12M) for 4Q05, compared with Rs232.4M for the same period in 2004
Hamburg surpasses 8M TEU HAMBURG has further narrowed the gap with Europe's busiest container port Rotterdam by raising its throughput by 15.5% to 8.1M TEU in 2005
Grand Alliance restructures network Carriers announce restructuring of global network services as P&O Nedlloyd ships are withdrawn, CP Ships vessels come online.
PSA makes formal offer for P&O Group Singapore port operator PSA International is understood to have made a formal offer of 470p/share (US$8.40) for the assets of P&O Group, with the offer expected to be announced tomorrow morning.
Amsterdam benefits from Grand Alliance service restructuring Restructuring of Grand Alliance services has been completed, with three services on the Asia/Europe trades and one loop on the Pacific to be operated with The New World Alliance.
Geographical differences divide charter market
Toll takes Patrick pursuit to court
China Merchants to raise Shenzhen charges
Rio Grande hit by truck driver strike action
Global ports ownership climate postpones Fremantle terminal decision
New route added to Shenzhen barge services
Shipping lines power up Singapore rankings
Russian Railways increase overall volumes as transit falls 19.56%
More money available for yard orders Norwegian yards have had more money available since the government export credit agency GIEK (Garanti-Insituttet for Eksportkreditt) from March ...
Seafarer died by suffocation The Philipino seafarer found dead on the Swedish general cargo vessel "Eken" last year, is presumed to have suffocated. According ...
EPA offers $3 million for emissions reductions Agency offering grants for 'projects aimed at reducing diesel emissions on the West Coast'.
Lloyd's Register fuel and lubes man joins UK firm Former head of Lloyd's Register Lubricant Quality Scan and FOBAS to develop marine business for UK-based firm.
SkySails targeting 1.5% of world trade fleet by 2013 Following the signing of its first sales contract today, SkySails has said it wants to equip a minimum of 1.5% of the world's trade fleet with its fuel-saving and emission-neutral kites by 2013.
Egyptian supplier refutes off-spec fuel report Supplier offers test results on tank samples as evidence that DNVPS bunker alert for Suez was unjustified.
South Africa: TRT acquisition signals changes Some changes are afoot following the acquisition of TRT Shipping Services by a Barloworld subsidiary in July last year.
Rotterdam market softer with crude
Collision causes fuel oil spill off Gladstone city A collision between two vessels has resulted in a bunker fuel spill off Gladstone city, near Australia's Great Barrier Reef.
Crude prices fall on Saudi's supply assurance An offer by Saudi Arabia to supply the market with extra crude resulted in a drop in crude oil prices to levels below $68 per barrel.
Saudi Arabia plans storage tank investment in China Saudi Arabia gets involved in Chinese oil storage and refinery projects as Sino-Saudi oil cooperation expands.
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