China's manic pace of building box ports raises glut fears Who would have thought there might ever be empty docks in China given the country's racing export machine? Despite soaring trade, China could have too much container port capacity in coming years if it continues to build facilities at a manic pace and US demand slows.
Norway's ocean freight exchange sees trade surge 19% in August Norway's ocean freight derivatives exchange Imarex NOS on Friday reported a 19 per cent rise in the value of trade in August over its electronic platform versus last year to US$1.3 billion.
IACS sets its sight on tackling emissions ASSOCIATION chief Tor Svensen says focus will now shift to managing ship emissions.
California's low sulphur rule thrown out by judge
Troubled Gorgon gets huge boost MAJOR hurdle removed as operator Chevron gets final nod from Western Australian state government.
Call for 'immediate action' over officer crisis SHIPOWNERS and managers say now is the time to take steps to plug officer shortage.
Calm returns after catastrophic storm AFTER a tumultous renewal cycle in 2006, the catastrophe reinsurance market is stabilising.
Battle of the giants 'THE only way is up' seems to be the motto of those operating linehaul containerships, with the exception being Evergreen's chairman Chang.
$50M paid for one-year Cape charter Superlatives are being eclipsed in the dry bulk market. The latest fixture list from the Baltic Exchange includes that of the 2004-built, 175,000dwt Capesize bulker, Xin Fa Hai
Docenave wins $296M boxship funding BRAZILIAN shipowner Log-In Intermodal has been given the go-ahead by the Brazilian Department of the Merchant Marine for funding to build five new boxships
Criminalisation 'deters aspirants' THE growing criminalisation of seafarers is turning away potential aspirants to jobs on board ships
China locks in West Oz ore supply CHINA has indicated its desire to lock in further long-term iron supplies with the signing of agreements in Perth, Western Australia this week
Lanka bunkerers at loggerheads LANKA Marine Service, Sri Lanka's main bunker supplier, is being challenged in court by a rival firm supporting another party seeking to cancel the privatisation of LMS
New ro-ro venture 'won't run ships' CHANNEL Ferries Ltd has been set up as a ro-ro charterer and its first purchase has been the two ropaxes Lubeck Link and Malmo Link, renamed Ropax 1 and Ropax 2
No peak congestion seen for U.S. ports North American ports expected to handle record container volumes in October without seeing serious congestion problems.
Why the rush for big ships? This year has seen liner companies once again head for the shipyards of the Far East to order bigger and in some cases, faster, ships. Moreover, the pace of ordering has been quickening, with some tramp owners placing contracts without any charter guarantees.
New project paves the way for seamless NAFTA trucking market
Samskip doubles frequency
US judge rules on vessel fuel in Californian waters
BC Ferries concerns raised A year after the Queen of Oak Bay grounding, Canadian safety board voices concern over other ropaxes.
Bloodied but unbowed Ionia showed 'courage' in fighting US, lawyer says, but had no real option for settlement in magic pipe case.
CFO swap at Transatlantic The Swedish ro-ro owner's Stefan Eliasson replaces Hans Carlweitz.
Boa bites on eight OSVs Company orders multi- purpose supply vessels and anchor-handling tug supply vessels from Norway's Vik-Sandvik.
NYK in bypass probe Car carrier held in US with altered pipes and another headache for New Flame owner Transmar.
Fumes sicken ship crew Dock and Maersk ship workers are hospitalized in Oakland, possibly as a result of bunker fuel fumes.
China tightens up on yards New licence in offing for shipbuilders aimed at improving quality and environmentally friendly production.
Tanker blaze in Baltic Crew reportedly able to extinguish fire onboard Panama-flagged chemical tanker bound for Tallinn.
Bulker grounds off India Open hatches fingered as Cosco handysize lists and grounds off New Mangalore.
CMA CGM on the up again Higher operating costs fail to dampen second-quarter result at French giant as revenues soar.
Mortensen chooses new future Derivatives clearing house Imarex loses boss after nearly eight years, with founder Herman Michelet stepping in as stop-gap CEO.
Security questions at Java port Masters of foreign-owned ships complain of lax standards at Tanjung Emas.
Subsidy boost for yards Indian government looks set to revive 30% yard hand-outs for next five years.
Alcock Ashdown sale shelved Gujarat government scraps yard privatisation after bids fail to meet reserve price.
Goldenport adds sixth UK-listed Greek owner buys boxship number six in the 18 months since its IPO.
ex-Norway closer to be scrapped Cruise vessel Norway, ex France and now Blue Lady, might be ready for scrapping. The Indian government has told the ...
Risk of 20 per cent premium increase at renewals Owners could risk premium increases of perhaps as much as 15-20 per cent on their P&I cover at ...
DFDS hires British catering crew for Queen of Scandinavia DFDS Seaways is about to change crew on the Queen of Scandinavia on the Bergen-Newcastle run. A mainly British ...
Houston prices on the rise, again Avails under pressure from busy week amidst firmer fundamentals.
Fresh legal action targets ship engines Environmental groups saying 'no reason to delay' regulations to reduce pollution.
Marine fuels veteran joins Aegean Stephen T. Leonard from WFS appointed as Aegean's Vice President of Americas
Changes at the top for IMAREX Michelet steps in as Mortensen bows out.
Fuel oil trade falls from record IMAREX fuel oil transaction volumes nearly halved from July's record but up from a year ago.
US port workers hospitalised Oakland port workers falling ill after exposure to noxious fumes during bunkering operation.
Universal Terminal targets 2008 operation Singapore's largest oil storage terminal to be ready by first-quarter 2008.
Bunkers excluded from ship's mortgage An Australian court has ruled that a bank's mortgage over a ship does not include its bunker fuel or lubricating oil.
Firms fight for stake in Malaysia's bunker hub Final shareholding equity of APH, the developer of the bunker hub, remains undecided.
Tokyo resumes bunker loadings Typhoon Fitow heading north, decreasing in strength and speed.
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