HK terminal operators to impose port security charge HONG Kong's five container terminal operators have reached an agreement with the territory's shippers to implement a port security charge from mid-August to cover additional security measures.
India may ease rules on wreckage insurance INDIA is looking at ways to ease new rules that demand ships entering its ports are covered by government-approved insurers against wreckage.
Tianjin Port to build container-stacking yard TIANJIN Port Development Holdings Ltd, which runs China's fifth-largest container port, said it will build facilities in the country with Cosco Pacific Ltd and AP Moller-Maersk A/S for handling cargo boxes.
Fate of Mazda cars aboard listing ship uncertain
Profits seen falling at Japan's shipping firms
Indian copters rescue stranded Indonesians
Admiralty Casebook
Need for epoxy coating on cargo tanks upheld ATERM in a voyage charter fixture note that cargo tanks were epoxy coated meant the coating had to be in sound condition and any coating that had broken down by as much as 40 per cent cannot satisfy such a term, the Singapore High Court ruled last month.
HK terminal operators to impose port security charge HONG Kong's five container terminal operators have reached an agreement with the territory's shippers to implement a port security charge from mid-August to cover additional security measures.
India may ease rules on wreckage insurance INDIA is looking at ways to ease new rules that demand ships entering its ports are covered by government-approved insurers against wreckage.
Tianjin Port to build container-stacking yard TIANJIN Port Development Holdings Ltd, which runs China's fifth-largest container port, said it will build facilities in the country with Cosco Pacific Ltd and AP Moller-Maersk A/S for handling cargo boxes.
Fate of Mazda cars aboard listing ship uncertain
Profits seen falling at Japan's shipping firms
Indian copters rescue stranded Indonesians
Admiralty Casebook
Need for epoxy coating on cargo tanks upheld ATERM in a voyage charter fixture note that cargo tanks were epoxy coated meant the coating had to be in sound condition and any coating that had broken down by as much as 40 per cent cannot satisfy such a term, the Singapore High Court ruled last month.
Nigeria oil exports hit by Shell shutdown A QUARTER of Nigeria's tanker export capacity has been shut down after Royal Dutch Shell called force majeure on its Bonny August loadings and kept its Forcados and EA terminals closed.
Greece looks to build on trading links with China Greece's prime minister Costas Karamanlis yesterday hailed maritime co-operation between China and Greece as an example that could drive greater trade ties between the two nations, now amounting to about $2bn a year, writes Nigel Lowry in Athens.
Ballast water rules 'could have caused Cougar Ace casualty' RULES designed to protect the marine environment could have caused the car carrier Cougar Ace to roll on to its side, write Janet Porter and Marcus Hand.
'Fundamental shift' likely in gas market THE senior US energy regulator has warned that the impact liquefied natural gas has on storage could mark "a fundamental shift in the overall gas market", writes Tony Gray.
StealthGas chief more bullish on LPG THE liquefied petroleum gas sector is headed for an extremely strong but unexpected market over the coming weeks and beyond, according to a leading Greek shipowner.
Hapag takeover 'makes sense' COPENHAGEN 27 July ' A takeover of Hapag-Lloyd's container shipping business by AP M'ller-M'rsk from German tourism specialist TUI ' as has been rumoured this week ' makes sense, according to one observer
Ghost fleet exorcisms continue EXORCISMS from the US Maritime Administration's James River Reserve Fleet continue as another ghost leaves for the breaking yard today
Tsavliris Russ loses CP claim THE owner of the shuttle tanker Sea Angel, which was chartered in by Tsavliris Russ to assist in the Tasman Spirit operation, has won a claim against the salvor
RCCL sees softening ahead HIGHER costs drove down second-quarter profits at RCCL despite stronger-than-expected yield growth, and the company confirms there could be challenges to come
EC to probe SNCM privatisation EC transport commissioner Jacques Barrot has launched an investigation into the privatisation of French ferry operator SNCM
Alliances combine for Asia-USEC service PARTICIPATING lines of the Grand and the New World alliances are expanding their existing Asia-Europe trade pact with the addition of an Asia-US East Coast route
CKYH launch Savannah-Asia express Cosco, "K" Line, Yang Ming and Hanjin Shipping have added the Shanghai/Savannah Express, a new service between Asia and Savannah.
Swift hearing for Connaughton
Trade groups urge rebalance for Customs tasks
MOL suspects ballast water in car carrier listing
Inland demand carries American Commercial Lines to net gain
Asia and Baltic drive Hamburg box boost Hamburg saw H1 container volumes rise by 10.7%, to a record total 4.2m TEU, driven by Asia ' particularly China - and Baltic transhipments, with HHLA also powering ahead 17.3% year-on-year.
Tianjin Port to invest US$63m in Beigangchi Hong Kong-listed Tianjin Port Development Holdings announced today that it would invest RMB504m (US$63.2m) to build three berths with COSCO Pacific and AP Moller-Maersk Group in the port of Tianjin.
Pounding sea takes its toll on stranded Agulhas
ANL in rapid global expansion
Korean shipbuilders clinch more orders
Shekou says decline due to Maersk's P&O acquisition
Oman prepares for opening of latest Gulf terminal
Tartous to get box-terminal, with ICTSI concession award
Poland's northern maritime gateway puts on 24,300TEU in H1
Zeebrugge books 9.9% H1 box rise
'A2' road moves east, extending German ports' access through Poland
Future of black market supplier uncertain Authorities reportedly seizing assets and disbanding smuggling ring.
No spill yet from listing car carrier Coast Guard reporting fuel tanks secure for Mitsui ship in difficulty off Alaska.
FAMM committed to Greek market despite asset sale Sale of Greek fuel storage and lubricant blending plant should not affect FAMM's marketing activities.
Aegean affiliate acquires fuel terminal and lube blending plant Deal could provide Aegean with new bunker storage and marine lubricants blending capacity.
Oiltanking and Stolt-Nielsen finalise Antwerp terminal JV Stolthaven Terminals BV has acquired a 50% interest in Oiltanking Antwerp N.V.
Rotterdam market firming Thursday morning
Singapore: Stocks of residual fuels at record high Singapore storage tanks are filled to the brim while fuel oil cargoes remain on the water.
Reports: Three Japanese shipping firms to post lower Q2 profit High bunker costs and slow recovery in container freight rates expected to weigh down on pretax profit.
Heavy fuel oil inflows flood Singapore market Fuel oil traders rush to clear storage space to accommodate fuel oil cargoes stranded offshore Singapore.
SPC announces higher Q2 profit Refining margins expected to trend lower in the second half of 2006, company says.
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