Supply chain security now more important than ever A major issue in the future for the ports of the world, which have become more security and safety conscious nowadays, is how to secure the entire logistics chain from beginning to end.
Demand for million-barrel tanker to rise: broker DEMAND for suezmax-class tankers, which carry about a million barrels of crude oil, will increase amid changes in the flow of oil exports around the globe, shipbroker EA Gibson said.
Daewoo's Romania yard wins US$280m in orders SOUTH Korea's Daewoo Shipbuilding and Marine Engineering yesterday said its shipyard in Romania had secured US$280 million in new orders to build four container ships for two German clients.
Goldman Sachs bid lifts stakes in battle for ABP GOLDMAN Sachs has raised the stakes in the battle for control of Associated British Ports with an increased bid of almost £2.8bn ($5bn) as it attempts to blow the opposition out of the water.
Forth Ports shares leap after upbeat statement SHARES in Forth Ports, which is set to be the sole surviving port company on the London Stock Exchange, moved ahead on Friday, boosted by an upbeat trading statement and the increased bid for rival ABP, writes Tony Gray.
Eagle Bulk bolsters market with $105m supramax deal EAGLE Bulk Shipping has given the dormant US shipping equity market a fillip by uncorking a private placement designed partly to bankroll a three- supramax expansion worth $105m.
Aker adds chemical expertise with Kleven AKER Yards has once more demonstrated its appetite for acquisition, snapping up the Kleven Flor' yard in a bold move into specialised chemical carrier construction.
Venezuela adds Panama to list of energy cooperation partners VENEZUELAN president Hugo Chavez has signed broad energy cooperation deals with Panama, including an agreement to build an oil refinery with a capacity of at least 150,000 barrels per day.
Ministers oppose Novoship merger A multi-billion dollar proposal to merge Russia's two state-controlled shipping companies has been opposed by senior Russian government officials
US beef heading back to Japan WESTBOUND Pacific reefer interests have received good news that Japan will soon begin allowing US beef imports ' following a tiff over mad cow disease
DOT Secretary Mineta to step down Two-time cabinet member who supervised overhaul of nationwide transportation security after 9/11 has submitted his resignation, effective July 7.
Goldman Sachs raises ABP bid
PSA sells $1B in bonds to fund Hutchison stake
GAO hits U.S. pest checks
JoC to hold C-TPAT teleconference
Heat victory parade to block Miami port access
Egypt joining CSI
Japan agrees to resume imports of U.S. beef
Railroads set service forum
LA port awards contract for box inspection facility
Update2: Admiral puts into ABPorts, though rivals not ready to relinquish their Quarry An increased offer for Associated British Ports Holdings, by Goldman Sachs International-backed Admiral Acquisitions UK, has prompted an immediate retort from rivals Macquarie, urging shareholders to await a possible counter-offer.
MSC, Maersk allowed to work as Noumean talks continue MSC and Maersk vessels at the centre of a New Caledonia dispute have been allowed to work through Noumea port as negotiations between local unions and French Government representatives continue.
Gas leak hits PIL ship in Brisbane
US Secretary of Transportation Mineta resigns
Automators ECT to drive Euromax
Tahiti turmoil afflicts shipping
Negotiation 'marathon' of WTO trade and tariff talks continuing
Kandla Port signs agreement for container terminal
Busan to test electricity-driven cranes
Shippers call for global ban on anti-trust immunity
Eagle swoops for three US-listed supramax specialist Eagle Bulk Shipping keeps vessel details under wraps in $105m three-unit purchase.
US lease fund buys eight Lease financier Icon is paying $254m for four products carriers from Oceanbulk and four Zim boxships from KS owners.
Coast Guard bill set for vote US Coast Guard funding and other maritime legislation can go forward after a senatorial squabble over a wind farm has been resolved.
Correction on Crowley TradeWinds regrets errors in an article on Crowley Maritime Corp's share price as published in today's print edition.
Blue Star to talk pay Maersk's German containership manager to discuss new crew deal with union after boycott.
ABP bid hits $5.1bn Share price of British ports group soars as Goldman Sachs raises takeover offer.
Golden Ocean adds another Fast growing bulker owner confirms purchase - and sale - of Kingston Trader.
Aker swoops on Kleven Norwegian shipbuilding giant snaps up Floro yard as it readies assault on chemical tanker market.
MCA holds ten UK detentions triple in May with white-listed flag states providing a third of the total.
GO! Vassilis Vintiadis and Konstantinos Dimitriou given their cards by new owners of Global Oceanic Carriers.
New barge boosts Argentina fleet Risler introducing additional capacity with locally-built double-hulled vessel.
Ship channel closure disrupts US Gulf barge traffic Lake Charles channel and intercoastal waterway closure keeping ships out and barges in until next week.
India: Bunker pollution danger over Bunkers removed from bulk carrier wreck, earlier pollution reports dismissed.
New bunker trader for O.W. Bunker in Asia
NYMEX to introduce Singapore 380 cst futures The contract is expected to be launched in September 2006 and will be the first to offer physically delivered 380 cst products in Singapore.
Rotterdam braced for gains after soft start
The testing businesses of bunker fuel management Viswa Lab has been working to promote Total Fuel Management and other new concepts as the bunker testing industry expands its scope.
Australian government wins legal contest for bunkers Court rules in favour of the Australian government to seize a vessel's bunkers, leaving supplier with no right to the fuel.
MPA urges the use of Material Safety Data Sheets Singapore's port authority urges the shipping community to provide Material Safety Data Sheets for MARPOL Annex I cargoes and marine fuel oils.
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