Search on for cement carrier crew SPANISH maritime safety authority Salvamento Maritimo is searching for two missing crew members of the Panama-flagged cement carrier Portland, which sank this morning in waters between the Canary Islands of Tenerife and Gran Canaria
Ras Laffan yard to be ready by 2009 RAS Laffan ship repair facility in Qatar is now expected to be operational in 2009
NCL offloads Crown to Fred Olsen STAR Cruises has confirmed that Fred Olsen will purchase the Norwegian Crown, but the 34,242-gt ship will remain with Norwegian Cruise Line until late 2007
Post-DP World cost will be marginal INCREASED focus on security by both US Congress and the Bush administration in the wake of the DP World controversy is not expected to hit shipping costs too hard
Viking board sets dividend policy VIKING line directors have agreed a dividend policy by which 40% of the profit generated from its business will be paid to shareholders
Frontline renews consolidation push FRONTLINE, the world's largest tanker company, has renewed its nine-year strategic goal of encouraging consolidation of the tanker industry
Shipping trusts are the new vogue? More shipping lines have expressed an interest in sponsoring a shipping trust, following the launch of the Singapore's Pacific Shipping Trust said financial adviser, underwriter and bookrunner, DBS Equity.
Sympathy strike could cost SA economy dear South Africa's ports and railways, still reeling from recent industrial action, could face more disruption next week as unions plan a one-day strike in sympathy with the security guard strikers.
Boxes stack up in Santos, with new 48-hr strike to come
Indonesian shipping agents urge government revision of permits
Investors show intense interest in Pacific Shipping Trust
China Shipping looks to East Asia and Middle East
Dialogue could bring rewards for Korean shippers and carriers
Leaner, 'cleaner' ABP faces potential bid without US ports business
Surf's up in California, as tide of emissions measures rolls in
Marubeni confirm interest in Ust Luga projects, including box-terminal
North Korea cancels cross-border train trial
Santos: Customs join nationwide strike for 24 hours
Dongnama to offer more China services
Stevedoring group to reorganise terminals at Novorossiisk
Grindrod's Clark retires Veteran of South African shipowner to step down at the end of the year with Unicorn's Alan Olivier as replacement.
SFL steady Ship Finance International holds $0.50 dividend while notching up earnings year over year.
Zim sets scrap record Israeli owner's Blue Sky fetches highest ever demolition price for a bulker from Bangladeshi buyers.
MMM wins coal deal Malaysian owner reportedly clinches three-year bulker contract with Tenaga Nasional.
Frontline feels the pinch Higher costs and lower daily earnings cut first quarter profits for Norwegian tanker giant, but markets improved from fourth quarter.
Attica slips on fuel costs High bunker prices and reduced volumes lead Attica Holdings of Greece to another quarterly loss.
Bangladesh eyes deep-sea port Bangladesh sets funds aside for new deep-sea port to increase trade with neighbours.
Grand Alliance chops Rotterdam Boxship group avoids potential delays at Dutch terminal by switching calls to Amsterdam.
Shreyas thinks big Indian boxship line upgrades Pakistan service while eyeing runs to Bangladesh, Myanmar, Singapore and Dubai.
Cochin bags biggie Indian yard says upgrade of ONGC jack-up rig is country's biggest ever such deal.
Mombasa port to become regional oil spill response centre Port to spend almost $700,000 to upgrade oil spill response equipment and invest in training.
Market analyst takes a shine to WFS Volatile markets seems to benefit World Fuel Services, analyst notes.
Reduced inventory levels continue to pressure lubes market "Sudden changes in lifting patterns or overlifting, even by a few customers, can create temporary localized pressures that may affect the supply chain network," says Jill Nguyen of BP Marine Lubricants.
Less than lofty Q1 result for Attica Another loss-making Q1 for Greek ferry operator as fuel costs rise by 65% from a year earlier.
Baltic refinery deal set to go ahead Yukos free to sign deal in the Netherlands to sell its majority stake in Lithuanian refinery to Polish buyer after US court decision.
Quiet Friday morning in Rotterdam bunker market
South Korea: Demand strong amid good avails and competitive pricing Good demand noted while bunker prices expected to firm.
Sudan receives invitation to join OPEC Sudan president will study the invitation and consider membership offer.
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