Owners spend record US$106b on fleets SHIPOWNERS ordered a record US$105.5 billion worth of new vessels in 2006, led by oil tankers, as companies rushed to upgrade fleets ahead of the ban on some ships in 2010, said Clarkson plc, the world's biggest shipbroker.
Napoli cargo claims set to touch $100m CLAIMS by cargo interests against the owner of the stricken MSC Napoli look to be heading for $100m.
MPs brand MSC Napoli 'substandard'
Panama releases Canal toll hike details CONTAINER vessels face US$18/teu increase in the next two years while reefer vessels will see a 14%-15% hike in October.
Danish owners see red over tax bill SHIPPING sector locks horns with government over surprise tax bill as AP Moller threatens to move business out of Copenhagen.
Panama unveils toll hikes PANAMA CITY 02 February ' The Panama Canal Authority (ACP) has unveiled its long-awaited proposal to restructure pricing in preparation for the expansion programme
Liberia to re-start seafarer training LIBERIA'S Maritime Training Institute is said to be aiming to re-open its doors in March after a closure for refurbishment aided by the US
New boss for Silversea SILVERSEA Cruises has announced a major executive reorganisation, including a new president based in Monaco instead of Florida
Belfast seeks direct US link BELFAST will be seeking a direct ro-ro shipping link with North America, as Irish exporters conclude that the lack of such a service is hindering business
UASC profit down in 2006 HIGH fuel prices, leading to increased operating costs, bit into United Arab Shipping Co's profits last year, its CEO has told the press
Row erupts over Danish tax bill A DRAFT bill on corporate taxation in Denmark has raised the anger of the top brass of AP Moller-Maersk, the biggest company in the country
Deurganckdok infrastructure came in three times over budget Antwerp's Deurganckdok cost the tax payers '645m (US$840.17m), nearly three times the '223m budgeted in 1995 for the container dock's infrastructural works, a government committee learned this week.
UK officials move to limit political damage from MSC Napoli accident UK officials from both the Government and Parliament are moving to limit the political damage from the MSC Napoli accident, sinking any chance that public interest will go quiet.
Panama Canal charges rise again
Up to 40% increase in Japanese THCs
Dalian port to move domestic cargo from Dagang to Dayao Bay
Chittagong crane charges hiked to meet private-sector costs
Containers boost Sydney records
Heavy rains slows Indonesian container trucks
Strong Korean Won and high fuel prices squeeze Heung-A's profits
Maersk threatens to move from Denmark The CEO of A. P. Møller-Mærsk, Jess Søderberg, today sent out a message, that the group is not very ...
Nordkapp to return to Coastal Express service Norwegian passenger/cruise vessel Nordkapp, which on Tuesday grounded in a bay at Deception Island in the Antarctic, will return ...
Significant increase of P&I costs overwhelms passenger sector Ferry and cruise operators face up to a 40 per cent increase of premiums for their P&I cover, the ...
Owners blame bunker prices for weak results Ship operators hope last year's bunker markets will prove an exception.
BP to sell last UK refinery to Petroplus BP is selling its last refinery in the UK to Petroplus Holdings.
Durban suppliers challenge alert Player says there is "no reason" to suspect IFO is not on spec.
Napoli: French authorities say 'polluter will pay' Oil washed ashore in France is from the stricken container vessel. UK minister says beaching ship on English coast prevented "serious, long-term environmental damage".
Rotterdam market extends firm run
Aegean to launch series of new supply operations Phasing out of single-hull tankers boosts company's prospects.
Hong Kong prices attract buyers Hong Kong still competitive against other East Asian ports as prices sky-rocket across the region.
Singapore bunker premium surges Acute shortage in fuel oil supplies pushed ex-wharf 380 cst bunker premium to 15-month high.
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