Demand for floating systems at high WORLD oil processing capacity on the water may rise by another 30 per cent, even as the current order backlog for floating production systems reached record levels, according to findings by the International Maritime Associates .
Rotterdam port eyes big expansion, focus on energy EUROPE's biggest port of Rotterdam expects to spend some 8 billion euros in the coming years to expand capacity, with a special focus on energy, to keep in step with booming world trade, a senior official says.
Shipping lines to start new service to US from Aug 22 HAPAG-Lloyd, Neptune Orient Lines and other shipping lines plan to start a new service between Asia and the east coast of the US next month to meet cargo demand.
Philippine port operator wins bid to run Syrian terminal
Greek shipping eyes China's booming trade business
Stranded Safmarine Agulhas ruled a wreck SOUTH African authorities have decided the stranded containership Safmarine Agulhas is so badly damaged that it is now officially a wreck.
LNG carriers come under insurance risk spotlight UNDERWRITERS are taking a tougher line towards covering liquefied natural gas carriers, broking and risk consultancy group Marsh has warned.
France and Spain push 'motorways of the sea' programme FRANCE and Spain have set themselves the target of bringing into service the first government-aided 'motorway of the sea' along their shared Atlantic seaboard before the end of next year.
Iranian car export trade booming IRAN'S car export trade is growing, with cars and parts now being shipping to France and Russia as well as to regional neighbours
Slater named Griffin Holdings MD SHIPPING financier Paul Slater has been appointed managing director of investment bank owner Griffin Holdings Group
Torm sales boost profit forecast DS Torm, the listed Danish bulk shipping group, has increased its 2006 profit forecast following the sale of three Panamax dry bulkers for a total amount of $63M
Excel profits fall sharply DRYBULK operator Excel Maritime suffered a 69% fall in profits during its second quarter, which it blamed on 'market weakness'
Port of Virginia TEUs climb The Virginia Port Authority said its facilities including Norfolk (left) handled more than 2 million TEUs in fiscal 2006, up 7.6 percent.
Maersk: No comment on TUI takeover talk
Praise for STB nominee Nottingham at hearing
Customs proposes new rules for express shipments
World Shipping Council opposes competing RFID project
US economic activity slowed from Q1 to Q2 The US economy has slowed since Q1 this year, with inflation rising, US government statisticians reported today, adding that growth since 2003 was slower than had been thought.
Agulhas salvage team admits defeat No further attempts to re-float the grounded Safmarine Agulhas will be made according to Smit, the salvage experts that had attempted to save the vessel.
Australian Customs settles ICS claims
Lashings guide aims to educate crew and reduce box losses
Alliances confirm all-water Panama service details
Western Australia heads offshore for new port
India-Pakistan trade prompts new service from September
Brisbane seeks operator for two new berths
PSA's Italian holding receives first of post-panamax crane pair
July bunker prices creep higher Crude levels driving US numbers up, but relief may be in sight.
SEACARD needs more bunker suppliers US defence fuel service wanting to expand to 1500 ports with over 400 vessels.
Krystallon sweetens scrubber deal Krystallon says rising low-sulphur premiums strengthen the case for scrubbing, but also tempts owners with hedging-linked finance offer.
Office move for Bominflot
Bulgarian refinery project expanded New refinery in the country's northeast plans to include marine fuels in its product line.
South Korea: Demand slips in spite of falling prices Falling prices over the past week have done little stir buying interest.
ARA market firming further
Singapore: Spot demand remains slow amid supply glut Strong supplies of fuel oil underpin the bunker market, heavy residual stocks near 14 million barrels.
Japan: Bunker supplies to tighten in August Nippon Oil and other Japanese refiners to supply less bonded bunkers next month.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
