World shippers' group slams Asian shipowners THE world's largest shippers' body has accused Asian shipowners of acting in their own interests and not those of consumers, as the shippers keep up the pressure to end carriers' anti-trust immunity.
AB Ports plans meeting on Goldman takeover WITH the anticipated bidding war for the UK's largest port group, Associated British Ports , failing to materialise, the group has announced a July 18 shareholders meeting to gain approval of its acquisition by a Goldman Sachs-led consortium.
Clean-up completed at freighter's wreck site off Alaska WORKERS have completed the clean-up and removal at the site of a wrecked Singaporean freighter that ran aground more than a year ago.
Port Shots
Port Shots WAERTSILAE Oyj, which makes engines that propel one in three of the world's ships, said it won orders worth 300 million euros for motors used in gas tankers and generators on offshore rigs.
World shippers' group slams Asian shipowners THE world's largest shippers' body has accused Asian shipowners of acting in their own interests and not those of consumers, as the shippers keep up the pressure to end carriers' anti-trust immunity.
AB Ports plans meeting on Goldman takeover WITH the anticipated bidding war for the UK's largest port group, Associated British Ports , failing to materialise, the group has announced a July 18 shareholders meeting to gain approval of its acquisition by a Goldman Sachs-led consortium.
Clean-up completed at freighter's wreck site off Alaska WORKERS have completed the clean-up and removal at the site of a wrecked Singaporean freighter that ran aground more than a year ago.
Port Shots
Port Shots WAERTSILAE Oyj, which makes engines that propel one in three of the world's ships, said it won orders worth 300 million euros for motors used in gas tankers and generators on offshore rigs.
European yards warned that cross-border co-operation is key to survival EUROPE'S shipbuilding industry has to intensify cross-border co-operation if it wants to survive the next decade. This is the major finding of a two-year research project
Kiln stokes up Lloyd's with plans to raise capacity to £1bn LLOYD'S looks likely to go for significant underwriting expansion next year, after RJ Kiln & Co ' one of the most conservative of the managing agencies ' revealed it has applied to increase its overall managed capacity to more than £1bn, writes James Brewer.
ABP shares keep market on edge Shares in Associated British Ports yesterday remained tantalisingly above the recommended bid by the Goldman Sachs-led consortium as the stock market anxiously awaited the next move from the rival grouping headed by Australia's Macquarie Bank.
Boeing going gone as US giant hangs up on $1bn communications arm BOEING is considering the sale or closure of its loss-making Connexion by Boeing subsidiary, threatening an abrupt end to its bid for a share of the high-end maritime and aeronautical communications market.
Tanker sinks tug in Mississippi THE US COAST Guard is investigating a collision between a Cayman Islands-flagged tanker and a tug on the lower Mississippi River on 26 June in which the tug sank
Essar Shipping posts profit slip INDIAN operator Essar Shipping has posted a fall in net profit for the financial year to 31 March, attarbuting the decline to the sale of four Suezmax tankers
Arcelor accepts improved Mittal bid THE board of steelmaker Arcelor have accepted an improved bid of euro27Bn from Mittal, much to the chagrin of Russian manufacturer Severstal
Massive mining merger confirmed US-based copper producer Phelps Dodge has acquired Canada's Inco and Falconbridge in a $56Bn takeover that will create the largest mining company in North America
Refloated Star sinks awaiting repairs GROUNDED Philippines coastal tanker Billy Star, which was salvaged earlier in the month, has sunk in Batangas while awaiting repair work
PierPass to exporters: Pay up New procedures for handling export containers to ensure that exporters pay the required peak fees at ports of LA, Long Beach.
Port of Hueneme closed by possible terror threat
U.S. deficit with FTA nations slows
International Shipholding Corp. leaving New Orleans
Shenzhen to set up China's first non-governmental shippers' council China will have its first non-governmental shippers' association from early September, which the China Shippers' Council has welcomed as a new impetus for shipper activism.
Hyundai Elevator purchase 2.3m HMM shares Hyundai Elevator, the Hyundai Group holding company, has announced it has purchased 2.3m shares of Hyundai Merchant Marine in order to stabilise management rights in HMM.
Mexico-US rail service upgraded
Coscon to launch Hong Kong/Vietnam service
Grant gives go-ahead to turn piracy-prone waterway into Marine Electronic Highway
Updated:Goldman Sachs partners post Scheme Document in ABP bid
Fjord Line deeper in the red Bergen-based passenger ferry operator Fjord Line has uncovered losses of NOK 133 million last year and has announced results ...
Aker Yards buys Kleven Florø Shipyard and KD Aker Yards will acquire Kleven Florø and Kleven Design from Kleven Maritime for NOK 60 million (EUR 7.6 million). Kleven ...
200th engine from factory in Frederikshavn MAN B&W Diesel's factory in Frederikshavn has just delivered engine number 200 of the two-stroke type. It was ...
Petrojam benefits from supply deal with Aegean Jamaica's refinery company currently enjoying steady sales figures but looking to low sulphur in the future.
Gulf waterway open, Lake Charles still closed Intracoastal Waterway open to barge traffic but spill clean up still keeping Lake Charles bunkering shut down.
UAE: Vessels at anchorage to pay levies Port authority says it will levy charges for vessels using its anchorage areas off Khor Fakkan and Kalba for bunkering and other services.
Location, Location, Location A month into the Baltic SECA, many suppliers are still doing brisk LSFO business, but some wonder where demand went.
Hong Kong suppliers expecting improved demand this week Bunker demand has picked up since two weeks ago and players anticipate higher demand this week.
Rotterdam starts week on firm note
New Zealand: No signs of oil spill from grounded vessel The fishing vessel was carrying diesel in its tanks.
Malpractice observed during fuel oil transfer in Hong Kong Incorrect fuel oil transfer operation between two oil barges could lead to potential fire and oil spill hazard, the Hong Kong marine department warns.
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