US ports issue: The ship's already sailed IN the outcry over who should run America's seaport terminals, one clear trend appears to have been overlooked: American companies began withdrawing decades ago from the unglamorous business of stevedoring, ceding the now-booming industry to enterprises in Asia and the Middle East.
Viswalab calls for price-quality connection for bunker fuel DONALD The newest entrant to the local bunker fuel testing market, Viswalab Singapore Pte Ltd, officially opens tomorrow and has called for greater importance to be placed on the connection between bunker quality and price.
Respite for Bush as DP World agrees to review US President George W Bush averted a showdown with Congress, at least for now, after Dubai Ports World agreed to submit its acquisition of six US port facilities to a 45-day government review.
US bid to block P&O sale goes before UK High Court ELLER & Co, the Miami stevedore involved in US litigation to block the sale of P&O to Dubai's DP World, is taking its case to London's High Court.
DP World hopes findings will allay American fears A "VOLUNTARY" request by DP World to subject its $6.8bn global takeover of P&O to a deeper 45-day investigation "under US law" has emerged as the fig leaf with which US lawmakers could potentially cover themselves, writes Rajesh Joshi in New York.
Security issue not been debated here, says EU spokesman WHILE the US media and a cross-party coalition of US politicians slam the prospect of a UAE-backed company taking control of six American terminals, in Europe the issue has not even registered on the radar screen, writes Justin Stares in Brussels.
Hyldager replaces Morse at Inchcape SIMON Morse is stepping down as chief executive of Inchcape Shipping Services just a month after the ship agency firm was bought by Istithmar PJSC, writes Janet Porter.
BW Shipping makes products splash with $449m AL deal BW SHIPPING has made a $449m plunge back into owning product tankers, having exited the sector in 2004.
Greek ferry trial: seven found guilty SEVEN people have been found guilty of contributing to the Express Samina disaster in September 2000, one of Greece's worst modern shipping disasters, writes Nigel Lowry.
DP World's delay reassures Americans CONGRESSIONAL republicans are accepting DP World's offer of a 45-day delay in asserting control over the US terminals it will acquire this week and will relent on passing laws to block the deal
Hyldager replaces Morse at ISS SIMON Morse has stepped down as group chief executive at Inchcape Shipping Services with immediate effect. He is being replaced by Claus Hyldager
Top fleet expansion fuels growth TOP Tankers more than doubled its profits last year despite a drop-off in rates in its spot Suezmax sector, with growth fuelled by the company's rapid fleet expansion
Katrina refugees to leave ferry LOUISIANA residents who have been housed on the ferry Scotia Prince since Hurricane Katrina are pleading to be allowed to stay on board as they have nowhere else to go
Venezuela-US rift worsening VENEZUELA is stepping up threats to shift oil exports away from the US, a move that would be a windfall for the tanker trade
Swedish tonnage tax plan submitted The man given responsibility a year ago with presenting the case for a tonnage tax scheme in Sweden, has now submitted his proposal
Senators move to block Dubai port deal Despite new compromise, legislation moves ahead to ensure a thorough review of DP World's takeover of P&O's U.S. terminals.
Updated: P&O High Court hearing adjourned until tomorrow The hearing of the Scheme of Arrangement for DP World to buy P&O has been adjourned till tomorrow, as objections have interrupted this normally brisk and uncontroversial procedure.
MISC sugars short-term pain with long-term promise of gain MISC Berhad is predicting a shipping industry upturn around 2010, despite 'stable to softening' short-term prospects for the shipping industry on the back of tonnage supply outstripping haulage demand.
APMT Rotterdam faces workers' ultimatum
VICS confirms change of strategy, after January fall
JadeWeser award due by mid-March, with shortlist reportedly shrinking
Hong Kong to start mandatory electronic cargo manifest filing in June
Antwerp's cargo 'bundling' to improve rail catchment and capacity
Lasco holds firm Latvian owner posts small rise in profits for 2005 despite rate woes for reefer and tanker tonnage.
19 years for Samina navigator Shoreside managers will avoid four years' prison time by paying fines for their part in the deadly wreck of the Express Samina.
We are the champions! Evangelos Pistiolis claims TOP Tankers older suezmax fleet is earning loads more money than its leading rivals.
Seacor swells NYSE-listed Seacor is reporting sextupled operating income for the year in which it swallowed Jones Act compatriot Seabulk.
Davie saved? Repair group Navamar steps in to buy bankrupt Quebec yard.
Suez Canal spill Laden Greek operated aframax tanker leaks heavy fuel oil after running aground.
NATS goes back to investors NYSE-listed tanker owner announces its third equity offering in eighteen months to fund more suezmaxes.
Pan-United cements deal Jebsen Skipsrederi to convert two general cargo ships as yard picks up new contracts.
MC in upbeat mood Vessel acquisitions and charter renewals set to boost gas shipping profit.
Japan detains 16 L&B and Vega of Germany feature on January list of port state failures.
More pocket money for Fain RCCL chief executive racks up another $3.6m after cashing in stock options.
Limarko trebles profit Lithuanian reefer player boosted by better market and ship disposal in 2005.
Hanjin plumps for Philippines Group finally confirms it will build $720m mega-yard in Subic Bay to begin work in 2016.
Fjellstrand plans new yard Norwegian shipbuilder to build facility for construction of high-speed aluminium ferries.
CSC charters feeder duo Sri Lanka's state-owned Ceylon Shipping eyeing container trade as well as lining up tanker buy.
Frangos wins costs Loucas Haji-Ioannou (right) loses appeal in long running battle over $49m 'dowry' for daughter's failed marriage.
FreeSeas sees loss Gourdomichalis brothers' three-ship dry bulk outfit hit by dry docking downtime and start-up costs.
BW ties up AL eight Former Bergesen Worldwide Shipping buys products tankers being built at Dalian in China from V.Ships and German KG joint venture.
MOL increases Vietnam links Japanese container line adds second route to Hong Kong and southern Chinese port of Chiwan.
Sado slips further into red Japanese ro-ro owner has poor 2005, but 2006 looks twice as bad.
Broström reports strong performance 2005 Göteborg-based Broström reports a SEK 720 million pre-tax result in 2005, more than double compared to 2004 when ...
"M. Pioneer" crew leaves and flies home The bulk carrier "M. Pioneer" has now left the port Fredericia and is anchored at the roads before leaving for ...
One step closer to tonnage tax in Sweden The Swedish tonnage-based tax system commission of inquiry has submitted its proposal to the Swedish government. The commission proposes ...
Egypt: 3,000 mt fuel oil spill in Suez Canal Huge fuel oil spill reported in the Suez Canal, but waterway remains open.
African oil terminal and bunkering facility inaugurated New terminal said to be first independent on-shore tank storage facility in the Horn of Africa.
Lubrizol: Additives supply to remain tight Lubrizol Vice President addresses factors which led to last year's crisis, including increased demand for marine lubricants, and says the market will be tight going forward.
New barge, terminal in Colombia Free trade deal with US bolstering Coremar group expansion of bunkering and port facilities.
Rotterdam/Antwerp holding steady Monday morning
Russian oil export duties to rise Record crude oil duty and 14% rise in fuel oil levy due in April.
Forecast drop in net profit for Singapore's NOL Analysts forecast net profit fall in 2005 from 2004 due to lower freight rates and higher bunker costs.
New barge company formed in the Netherlands ARA bunker supplier and trader separates out bunker barge operations, forming independent barge operator.
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