Norway shipping firms slam proposal for new tax system Shipping companies in Norway slammed a proposal for a new shipping tax system, saying it would cost them heavily and calling it a betrayal of a 1996 deal meant to keep them competitive and under the Norwegian flag.
Daewoo August profit jumps nine-fold Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, said that profit for last month surged almost nine-fold, boosted by an increase in orders and prices for vessels to move fuel and consumer goods.
Gemadept sees 50% earnings surge next year Vietnam's top forwarder Gemadept Corp forecast its profit would jump 50 per cent next year as it puts an office building, a port and a warehouse into operation.
China delivers first 8,530-TEU ship
Qingdao Port kicks off expansion
Newcastle coal-ship waiting time hits 9-mth low
Forth Ports first-half profit increases 22% to £11m
Norway hits out at proposed tax change SHIPOWNERS say back tax budget proposal threatened competitiveness and would trigger a dismantling of the industry.
Norway calls for curbs on shipping subsidies
Insurers face huge US sub-prime bill MAURICE 'Hank' Greenberg says insurance market will be the biggest losers from the recent sub-prime 'debacle'.
Forth Ports bullish despite profit slide FIRST-half profits fall 7% but chief Charles Hammond promises rebound in the rest of this year.
Container conundrums THERE was a lot to discuss as containerisation took centre stage at a World Maritime University gathering last week.
Maritime gender politics IF shipping faces a 'manning' crisis, surely more can be done to assist women to rise to the level of senior officers.
Fury as Norway scraps tonnage tax The Norwegian government sent autumn chill through the country's shipping community by presenting a framework for the taxation of shipping that effectively means cancellation of the tonnage tax system and massive claims for payment of tax credits incurred since 1996 when it was introduced
Missing pin led to ferry smash A MISSING pin is believed to have caused the grounding of the BC Ferry Queen of Oak Bay in June 2005
AIS: Don't die of ignorance SLOPPY programming of communication devices is preventing rescuers reaching seafarers in distress
BW fears 5-billion kroner tax bill BW GAS shares fall 10% after predicting a tax bill of up to $830M
Hunt on for pirate ship FOREIGN warships in the Horn of Africa have been searching for a ship resembling a pelagic purse seiner thought to have been used as a pirate 'mother ship'
Ezra sells half its offshore unit EZRA Holdings, which provides support vessels to the offshore sector, is selling shares of its offshore construction subsidiary EOC
Prince Rupert to open new box terminal Maher Terminals, Canadian National ready to open Phase 1 of British Columbia hub, with capacity of 500,000 TEUs.
U.S. launches plan to revive fast-trade pacts
C-TPAT wins landslide approval in new study
Bush urges Japan to relax beef imports curbs
TACA holds fuel fee
Maersk ship refloated
Menlo buys China network
USF Holland launches regional next-day LTL delivery
Norwegian owners would rather retain the present tax system The Norwegian government proposal for a new shipping tax system will severely undermine shipping companies' balance sheets and reduce their ...
Shipowners and managers calls for more seafarers At the conference of Maritime Manpower Singapore 2007, both shipowners and managers called for prompt moves to educate more seafarers ...
SSN gets 120 million to survive Polish SSN shipyard's largest owners Korporacji Polskie Stocznie (KPS) and ARP Agencja Rozwoju (Przemyslu Industry Development Agency) has decided to ...
Bunkers International unveils new expansion Volume boost and new barge as supplier looking to offer buyers new options.
UAE awards contract for pipeline project Engineering and design contract for the Fujairah pipeline project goes to WorleyParsons.
Bunker privatisation still under attack Sri Lankan supplier throws its weight behind court challenge to LMS sale.
Fuel oil markets to 'tighten' OPEC policy on crude oil quotas is adding to fuel oil's strength.
Rotterdam market stable
IMO official explains sulphur status MARPOL signatory states may agree tighter sulphur definitions and test principles before revised Annex VI comes into force.
KIC plans vessel acquisition Four new vessels should be on order by the middle of next year.
August retroactive price down from record NYK, Nippon Oil agree to cut bunker fuel price for August from July's record of $419.20 pmt.
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