Indonesia rejects foreign troops' help to safeguard Malacca Strait Indonesia has renewed its rejection of any help from foreign troops to help safeguard one of the world's busiest waterways, the Malacca Strait. 'We have established cooperation on joint patrol (of the Strait) with Malaysia and Singapore,' Indonesian Military commander Air Chief Marshall Djoko Suyanto was quoted yesterday by the Jakarta Post as saying. 'We don't want any third party's involvement in the routine.'
Hamburg port operator's H1 earnings jump 53% Hamburg port operator HHLA, which aims for a stock exchange listing in November, yesterday reported a 53 per cent rise in first-half earnings before interest and tax to 138.8 million euros (S$290 million). HHLA's turnover increased by 15.7 per cent year-on-year to 561.3 million euros. The number of containers handled grew by 13.9 per cent to 3.5 million, the company said in a statement.
Admiralty Casebook
Admiralty case can go before jury: US court A US appeals court last week ruled that an admiralty case could be tried before a jury, thus rejecting an argument that the right to a jury trial under the Seventh
Indonesia rejects foreign troops' help to safeguard Malacca Strait Indonesia has renewed its rejection of any help from foreign troops to help safeguard one of the world's busiest waterways, the Malacca Strait. 'We have established cooperation on joint patrol (of the Strait) with Malaysia and Singapore,' Indonesian Military commander Air Chief Marshall Djoko Suyanto was quoted yesterday by the Jakarta Post as saying. 'We don't want any third party's involvement in the routine.'
Hamburg port operator's H1 earnings jump 53% Hamburg port operator HHLA, which aims for a stock exchange listing in November, yesterday reported a 53 per cent rise in first-half earnings before interest and tax to 138.8 million euros (S$290 million). HHLA's turnover increased by 15.7 per cent year-on-year to 561.3 million euros. The number of containers handled grew by 13.9 per cent to 3.5 million, the company said in a statement.
Admiralty Casebook
Admiralty case can go before jury: US court A US appeals court last week ruled that an admiralty case could be tried before a jury, thus rejecting an argument that the right to a jury trial under the Seventh
Leaked emissions document draws industry flak EXPERTS pour scorn on leaked paper that gives higher than estimated bunker demand and ship emission estimates.
Germany's owners back sulphur cuts
US rolls out marine worker biometric ID BIOMETRIC identification cards for US marine workers are to finally become reality, with the roll-out at 12 ports.
Norway launches plan ahead of tonnage tax vote GOVERNMENT unveils maritime strategy on eve of a national parliament vote on the controversial budget proposals.
Investing for the future LLOYD'S Register's chief executive Richard Sadler is hitting the acquisition trail with plans for growth.
The heart of the matter AN environmental debate is raging and regulations are coming out of our ears, but still we have pollution.
Crews in drug danger in Venezuela Vessels in Lake Maracaibo, Venezuela have been detained and their officers prosecuted for drugs attached to hulls clearly without their knowledge
Ferry safety upgrades 50 years late WASHINGTON State Ferry System has four vessels in service that one public policy research group believes are "a disaster waiting to happen"
Tasmanian bedevilled mill gets OK A CONTROVERSIAL pulp mill today received the go-ahead from Australia's government, although a further two dozen strict environmental conditions have been imposed on the project
South to help N Korea build ships Technological transfers are off limits despite South Korea's shipbuilding deal with the North
EU waterways lack X-factor INLAND waterways are suffering under a bad image and lack of public awareness, and need more investment and support, says the European Commission
BP: shipping must pay for emissions THE director of environment for BP Marine has called for incentives to encourage the industry to make investments in emissions-reducing technology
Norfolk Southern seeing more int'l. shipments through East Coast ports Intermodal traffic now accounts for 22% of the eastern railroad's revenue, and is its fastest-growing freight category.
Bottle saves seafarer A Japanese deckhand survives the night overboard after using a plastic bottle to stay afloat.
DryShips takes capesize US-listed bulker owner pays record price for a newbuilding from an undisclosed buyer.
Paraguay River crisis Landlocked country's commercial shipping is threatened by falling water levels in the river leading to the Atlantic.
Tidewater probe widened Offshore vessel owner Tidewater has expanded a bribery investigation into possible payouts banned by the US Foreign Corrupt Practices Act.
Arctic Princess still in waiting Hoegh LNG boss has played down speculation of cancer causing smoke at Arctic LNG plant as nothing out of the ordinary.
Euroseas grabs panamax US-listed bulker owner signs on to buy the Trust Jakarta for about $28.6m.
Wilson bags German pair Bulker owner brings in two more ships at price which reflects the need for repairs.
Excel hikes cash grab Us-listed bulker owner increases senior notes offer to $125m, which could be used for vessels purchases.
Kaspar spends on upgrade Azerbaijan's national owner allots $14m for work on 40 vessels this year.
Norden raises sights Sale of two products tankers boosts Danish owner Norden's profit forecast for 2007.
U-Ming takes flight Taiwanese bulker owner buys stake in domestic airline Far Eastern Air Transport.
Torm inks engine deal Danish owner will install new MAN B&W units on products carriers being built in China.
Stolt is spot on Ongoing legal battles and a decline in the parcel tanker spot market can't stop owner's profits rising.
SembCorp sells out of Maua Singaporean shipbuilder exits joint venture yard in Brazil to focus on new project there.
Reefers frozen out Conventional refrigerated tonnage to lose out on growth as containerships take bigger slice of sector.
US owners fight back American shipping lines have spoken out against unilateral emissions petition.
Tiddler makes a killing Singapore owner smashes book price as it waves goodbye to small ship.
IHI stages mini-recovery Shares in Japanese shipbuilder bounced back today, but market fears recovery will be short lived.
Imarex posts record Oslo-listed freight derivates broker boosted to new high in third quarter, partly by booming bulkers.
Laid to waste Crew from detained cruiseship appeal to local authorities for food and water.
Indonesia plots biggest bridge Huge project could link Sumatra and Java to relieve pressure on ferry ports.
KKR carries the day UN Ro-Ro shareholders approve sale of shipowner to US private equity player.
BSC goes public Bangladesh owner's revamp continues with plan to convert into public limited company.
Gang of five launch EBX New World Alliance trio plus Hanjin and UASC introduce new Asia-East Mediterranean service.
Genco offloads another Peter Georgiopoulos bulker outfit continues clear out of older ships with sale to Korea's SW Shipping.
OSG adds a pair US tanker owner has upped its tally of Jones Act product tankers at Aker Philadelphia to 12.
Unimars order bulk series Latvian Unimars Group has signed an agreement with MNP Group's Volgograd Shipyard on a series of 4,570 DWT bulk carriers. The four 90 meters long and 14 metres wide vessels with a depth of 5.82 metres have been projected ...
NSA term marine strategy as meaningless Norway's new official maritime strategy is bad news for both the environment and maritime activities in coastal areas, according to managing director of the Norwegian Ship owners' Association (NSA) Marianne Lie. Se says that it is completely meaningless to present ...
NIS to be marketed properly The Norwegian government wants to stem the tonnage flight from the Norwegian International Ship Register (NIS) by making available NOK 3 million to pay for more marketing of the register. According to government sources other registers are marketing themselves internationally ...
Singapore bunkers firm as fuel oil stocks fall Singapore 380 cst bunker prices near $400 amid tighter fuel oil inventories.
Fuel oil trade shrinks at IMAREX September fuel oil derivative trading volumes down 65% from a year ago.
Bunker consumption '50% greater than thought' Reports to IMO expert group suggest global bunker use and CO2 emissions are much higher than earlier estimates.
Rotterdam market quiet at midday
Bunkers tight in South African port Ships could be prevented from leaving Richards Bay Coal Terminal.
Lukoil cancels Vysotsk expansion Officials will not even consider expansion till proposed rail links are built.
Bids pour in to operate storage caverns Very Large Floating Structures project also moves ahead; phase 1 of feasibility studies complete.
- 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
