Jurong Port's Oct throughput up 12% JURONG Port saw an 11.9 per cent increase in container throughput in October to 66,000 TEUs (20-foot containers) from 59,000 the previous year.
Asian product tanker rates surge Asian oil-product tanker rates rose, led by demand for larger vessels to transport gasoline, naphtha and other products before the northern hemisphere winter.
Strait Talk
Evergreen's bright view of the future IF you're looking for one name to sum up success in an era of containerisation, Evergreen would have to be high on the list. The Taiwan-based carrier's phenomenal growth parallels the unstoppable rise of the box.
Jurong Port's Oct throughput up 12% JURONG Port saw an 11.9 per cent increase in container throughput in October to 66,000 TEUs (20-foot containers) from 59,000 the previous year.
Asian product tanker rates surge Asian oil-product tanker rates rose, led by demand for larger vessels to transport gasoline, naphtha and other products before the northern hemisphere winter.
Strait Talk
Evergreen's bright view of the future IF you're looking for one name to sum up success in an era of containerisation, Evergreen would have to be high on the list. The Taiwan-based carrier's phenomenal growth parallels the unstoppable rise of the box.
Megawati back in mega trouble Troubles return to hound ex-Indonesian president Megawati Soekarnoputri, following disclosures of her role in the controversial VLCC sale
Fury at fat fees for lawyers FEE demands for two whistleblowers in the case against OSG are being called excessive by federal prosecutors, who are asking a court to block the payment demand
Widdows: Soaring fuel costs are changing the shipping business Bunker prices have risen so high so fast that many trade routes are no longer profitable, APL chief says.
Panama Canal expansion gets environmental approval
TWIC sign-up expanded
New World Alliance to increase winter capacity cuts
Customs completes installation of truck e-manifest
Intermodal slows down
Cosco Busan crew ordered to appear before grand jury
Wilson Sons net grows Third-quarter profits at Brazilian shipping, terminal and shipyard group grows 36.9% to $19.2m.
Vafias steps on the gas Nasdaq-listed StealthGas sees profits buoyed by increased charter income from its larger fleet.
Eight for Damen Three different companies order crew boats and patrol ships from Dutch shipyard group.
Navios prices at $20 Initial public offering for spin-off Navios Maritime Partners prices at $20 per share, bringing the potential share sale to $240m.
DFDS sees ray of light Copenhagen-based company to use green projects to offset retrospective tax payments.
Suez gassed up Rising gasship traffic boosts ten month returns for the Suez Canal Authority.
Euroafrica buys Vironia Polish owner adds to fleet with buy of former Saaremaa Shipping ferry.
Yard IPO goes to Toronto Reinvigorated Davie Yards' Norwegian owners are taking the company's scheduled initial public offering to the Toronto Stock Exchange.
Balakovo wins barge deal Ruyven of the Netherlands inks contract for up to six dry-cargo units at Russian yard.
Imarex into broking Norwegian freight futures market in deal to acquire majority stake in Italian broker.
JES goes down IPO road Another Chinese shipbuilder to tap financial markets through float, again in Singapore.
U-Ming seals supramax deal Taiwanese owner heads to Cosco's Zhoushan Shipyard for bulker duo worth $77m.
Feds eye lawyer's cut Prosecutors in the pollution case against OSG have turned on the lawyer of two whistleblowers for his cut of their payout.
Anek steps it up Greek owner banks improved returns at the end of its traditionally strong third quarter.
Another trio for Srab Swedish owner back at Eregli Shipyard in Turkey for three more small products carriers.
Namura expects more Japanese shipbuilder pushes up first-half forecast as revenues rise.
Norwalk virus hits NCL Outbreak of "highly contagious" virus onboard the Pride of Hawaii has affected over 200 passengers.
Omega net booms In its second third-quarter report since last year's IPO, Greek products tanker owner's profits surge to $4.3m, nearly five times last year's total.
Toei takes turn for worse Japanese reefer player's full-year profit forecast slashed as margins shrink.
Daewoo bags four biggies Mysterious Middle Eastern owner pays $600m for Korean VLCC quartet.
Tallink turns it on Expanded Estonian ferry group to beat last year's profit on back of second half growth.
Norway accept NOx tax be placed in fund In January the Norwegian government introduced a NOx tax of NOK 15.00 per kilo, but so far all the proceeds have gone straight into the state coffers without being earmarked to reduce NOx emissions. The Norwegian Shipowners' Association (NSA ...
EU has the right to demand member state environmental legislation The EU has, even though criminal law normally does not fall under the union's jurisdiction, the right to demand that its member states have an effective legislation when it is necessary to protect the environment. This is stated by the ...
Norwegian ports rebell aginst new ISPS fee A growing number of Norwegian ports rebel against the new ISPS (International Ship and Port Facility Security Code) fee of NOK 25,000 per ISPS terminal. In the 2007 budget the government decided that the Norwegian Coastal Administration's (Kystverket) accrued cost ...
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