Evergreen Marine to open new dock in China Taiwan-based shipping company Evergreen Marine Group will soon inaugurate a newly built dock near China's Qingdao port, a Taiwanese newspaper reported yesterday.
US govt files lawsuit over oil spill The Justice Department filed a lawsuit accusing the pilot and the Hong Kong-based owners of the container ship Cosco Busan of breaking environmental laws when the ship struck a bridge support in San Francisco Bay, spilling 58,000 gallons of toxic oil.
BV and NCL blamed for Norway blast US National Transport Safety Board report says bad maintenance and operating practices led to rusting of boiler.
How troubles on ill-fated Norway reached boiling point
IMO postpones ballast water rules ENFORCEMENT of convention postponed until the end of 2011 due to lack of available treatment systems.
TT Club pledges to maintain premiums INSURERS of ports, terminals and container fleets are struggling to maintain premium rates, as skirmishing for the 2008 renewals begins.
Revitalised Redefined Rebranded THE Sailors' Society is drawing up a five year plan for expansion which it hopes will in turn raise the profile, and problems, of seafarers around the world.
Stolt victorious in court battle THE US government's indictment of Stolt-Nielsen following revocation of the company's anti-trust immunity has been dismissed by a federal judge
Massachusetts, USCG row over spill THE attorney general of Massachusetts returned to the US District Court this week to renew the fight to impose state maritime environmental laws on commercial shipping. Full story
Alida Gorthon charged over spill THE Canadian government has laid two charges against the Alida Gorthon in connection with a small oil spill off southern Nova Scotia this summer. Full story
Strong start for Hellenic shares Shares in Greek bulk shipping company Hellenic Carriers have firmed on their first day of trading. Full story
NTSB claims fatal 'copper cover-up' THE National Transportation Safety Board's report on the Norway's 2003 boiler blast alleges that copper was used to intentionally hide cracking and avoid repairs. Full story
Evacuation after ferry mishap MORE than 400 passengers were reportedly evacuated after their ferries hit underwater coral reefs in the seas around Sulawesi. Full story
Distribution center location, labor as important as real estate price: Experts Access to skilled labor and proximity to rail and truck corridors are at least as important as the price of real estate, logistics conference told.
Can agents help ocean carriers in their forthcoming struggle to reduce costs? Ocean carriers are facing a nightmare scenario of spiralling costs: Only this week P&I Clubs, the North of England and the London Club, announced an increase of 17.5% in their 2007/2008 premiums with the American Club even higher at 20 %.
In terms of profitability a good start for CEVA
SEKO joins the scramble to Dublin
Port of Vancouver concerned over docker security clearance conflict
Canada fines bulker Bulk carrier Andre is fined for dumping 7.5 tonnes of oil into Vancouver Harbour.
An up start for Hellenic Hellenic Carriers' initial public offering on the London Stock Exchange sees modest gains in first day of trading.
Stolt indictment tossed Federal judge throws out indictment against Oslo-listed parcel tanker player in Pennsylvania for antitrust violations.
A deal on steel After failing to score a bargain at home, Brazilian tanker owner Transpetro is going abroad to buy enough steel to build 26 ships.
NCL, BV faulted in blast Bad maintenance and inadequate surveys lead to cruiseship boiler explosion that killed eight.
Cash boost for FreeSeas Nasdaq-listed bulker player sees share offering returns boosted to $97m.
Busan gets a band-aid The ship at the centre of the San Francisco oil spill is being patched up at a local shipyard.
Sierra Leone more costly EWATA boxship conference whips out port surcharge, but IPBCC withdraws congestion fee at Kandla.
GE takes two Mumbai-based shipowner takes orderbook to eight with the addition of two bulkers at Cosco Zhoushan.
Mitropoulos: "We won't stand by" IMO chief says new piracy law will prevent navy ships from watching helplessly while merchant vessels are attacked by pirates off Somalia.
Eitzen fined Norwegian owner to pay AUD 20,000 for discharge of black soot into Tasmania's River Derwent.
Vroon adds anchor-handler Dutch owner returns to Italy for another raid on offshore sector.
STX Pan Ocean buys again Singapore-listed bulker giant adds supramax quartet to bulging orderbook.
Cosco Corp wants more Singapore-listed group trying to grab another 80,000 square metres of land for its Nantong yard.
Koreans to build Qatar yard Daewoo Engineering & Construction awarded $611m deal for new facility in Ras Laffan.
Nordic profit heads north Ship sales boost Danish tanker owner's maiden result as a listed company.
STX bags mystery quartet Product tanker order keeps Korean yard upbeat as its lucrative week continues.
Macau ferry wars heat up Casino mogul Sheldon Adelson taking on Stanley Ho with new service from Hong Kong.
Seadrill profits flowing John Fredriksen's rig and drillship company boosts nine-month earnings as revenues soar.
Great Eastern goes upmarket Indian owner to upgrade two supply ships on order domestically to tap sub-sea construction market.
Stena on right track Swedish ferry and tanker group's nine month profit looks healthier if big 2006 rig-sale gain stripped out.
Euroseas excels US-listed Greek shipowner sees profits nearly double on larger fleet and higher charter rates.
FSL ditches the dollar Trading currency of Singapore shipping trust shares to be changed to Singapore rather than US dollars.
Singapore sees further growth Lion Republic's two major port operators report double-digit growth in container throughput.
Snøhvit revenue loss could be NOK 10 billion The Snøhvit LNG plant at Melkøya near Hammerfest is now closed and the loss of LNG export revenue could amount to NOK 10 billion. Operator StatoilHydro suspect a salt water leak into a heat converter to be the cause of ...
Bergen Group consolidate offshore expertice Bergen Group, formerly Bergen Yards, is consolidating its position in the offshore sector by buying out Aker Kvaerner's remaining 18 per cent in Rosenberg Verft in Stavanger. 82 per cent was obtained in July this year and Bergen Group has ...
Prima Shipping buys Dutch coaster The Finnish shipping company Prima Shipping has agreed with the Dutch shipping company Scheepvaartonderneming Koolhof about buying the 2,510 DWT dry cargo vessel Elwin. The vessel has been trading for Wagenborg and will be handed over in Delfzijl on 5 ...
Houston follows Rotterdam, crude lower Price drop less dramatic than elsewhere but still room to move.
ARB chair addresses World Bank Nichols outlining anti-global warming measures amid calls to do more.
EPA reveals US ship emission rules New EPA rules aim to impose PM and SOx performance standards on oceangoing ships from 2011, major NOx reductions also sought.
Crude, bunkers heading for November low WTI crude below $90 for the first time this month, Rotterdam bunker fuel down $70 pmt from record.
IMO's Bunker Convention to enter into force Convention to enter into force in November 2008, closing significant gap in international regime for oil spill compensation.
Rotterdam market falls drastically
Nippon oil suspends Negishi bunker shipments The refiner plans to increase supply from its Mizushima refinery.
HK shipowners urge refiners to 'put a date' on global distillate supply Oil refiner Chevron says it is a 'very uncertain period for refineries' at this point in time.
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