Proposal to increase Panama Canal tariffs THE Panama Canal Authority has proposed the first of what is likely to be a series of toll hikes for the waterway as Panama begins preparing for the historic US$5.3 billion dollar expansion of the 92-year old key link to the US west coast.
PSA's Viet JV to build container port SP-PSA International Port Co, a joint venture between Saigon Port and PSA Vietnam Pte Ltd, a wholly-owned subsidiary of PSA International, was granted a licence to develop a new container port in Vietnam's Ba Ria-Vung Tau province, with the view of turning it into a major shipping hub for Indochina.
Samsung Heavy, Daewoo win US$2.37b LNG tanker orders SOUTH Korean shipbuilders have won huge oders to build liquefied natural gas carriers valued at US$2.37 billion, as analysts forecast a tripling of global demand for LNG by 2020.
China shipbuilders' profit margin trebles over 3 years to 10%
16 carriers plan to raise Europe-Asia rates from March
Navios swoops up Kleimar for $165m ACQUISITION propels the Angeliki Frangou-led company into the capesize sector for the first time.
Navios ready to jump ship to the NYSE
Qatar Gas builds up giant LNG fleet QATAR Gas orders four 210,000 cu m ships worth almost $1bn from Daewoo Shipbuilding and Marine Engineering.
More BW Offshore targets merger with Advanced Production BW Offshore is seeking to merge with Advanced Production & Loading to gain access to its submerged turret and mooring systems.
Pan Canal plan shows steep toll rise PANAMA CITY 05 February ' Panama Canal tolls are to increase by an average of 10% a year until 2009, under the new rate plan announced on Friday by the canal authority (ACP).
Maersk ship holed, spills oil THE 1,645-teu Maersk Vienna struck a berth at Baltiysk terminal at Kaliningrad yesterday, holing the vessel, rupturing a fuel tank and spilling fuel into the water
Probe launched into fast cat collision THE fast ferry Sea Express I collided with the Greek bulk carrier Alaska Rainbow in thick fog on Saturday morning as the ferry was approaching the UK port of Liverpool
CalMac launches cadet scheme SCOTTISH Executive-controlled ferry operator Caledonian MacBrayne has launched an officer cadet programme for the first time in its 150-year history
ASRY invests for growth WORK has started on the construction of a new slipway at the Arab Shipbuilding & Repair Yard in Bahrain
Navios Maritime buys Kleimar NAVIOS Maritime Holdings has moved to secure a foothold in the Capesize sector by acquiring Belgian bulk carrier operator Kleimar
PSA gains approval for US$200m Vietnam port project PSA International will build its first terminal in Vietnam in Vung Tau with joint-venture partner Saigon Port with the first phase to be operational in 2009.
Analysts shake off fear of over-capacity Investment bank Credit Suisse lifted the ratings of several Asian container lines today, saying freight rates had bottomed and forecasting an up-cycle to begin in 2008, Reuters reports.
Australian union resists terminal competition
PSA agreement on Gwadar Port to be signed tomorrow
New South Wales makes another try for Newcastle terminal
South Korea plans co-operation with smaller ports in China and Japan
CN increasing capacity at Toronto intermodal terminal
Tschudi Shipping consolidates acquisitions, with Benelux bureau
Final environmental documents filed for Seattle T-30 "reactivation"
FastShip aims to capture 1.8% of Transatlantic seafreight, with 4-day service
Temporary repairs to Nordkapp Inspection by divers has revealed several gashes in the bow section on the Hurtigruten cruise vessel Nordkapp caused by a ...
Norwegian frigate refused clearance One of Norway's new frigates, the Fridtjof Nansen, has been refused clearance to sail because the crew's fire fighting skills ...
MSC Napoli insurance claims may reach USD 100 million Insurance claims for cargo lost in the MSC Napoli accident may reach USD 100 million, British papers speculate. Insurance companies ...
Tesoro scoops up Shell refinery Refining and marketing company expanding operations with refinery and terminal purchase.
Double-digit growth predicted for global shipping Growth in Asia and Middle East boosting demand for shipping and port expansion.
Singapore's carbon footprint skewed by bunkers Report puts Singapore per capita energy consumption near top of list and above US.
ARA market holds firm
Cruise vessel in Antarctic pollution alert Fuel leaks into water during transfer to reduce spill risk following grounding.
Bunker oil slick spotted The Philippine Coast Guard find bunker oil in a mangrove area in Palawan.
Titan seeks calmer seas Titan CEO seeks to reduce earnings volatility and to address concerns regarding its single-hulled vessels ahead of MARPOL regulation.
- 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
