Extra Saudi output may boost tanker freight rates World tanker freight rates are languishing near four-years lows but may be set for a boost from extra Saudi oil flows to the East, a large part of the Organisation of Petroleum Exporting Countries' (Opec) promised output increase from November.
UK seafarer plan shows no sign of progress GOVERNMENT yet to respond to proposal by unions and shipowners to boost British seafarer jobs.'
Maritime unions and shipowners unite for drive to boost British seafarer jobs
Marine hull sector 'heading for correction' INSURERS show signs of drive to halt losses, as Swedish Club says it will focus on strategy of selective growth.
CVRD sets aside $59bn war chest MOVE offers further evidence of unbound confidence underpinning the global commodity boom.
Why Uncle Sam is still shivering at the water's edge WHY has the Bush administration revived a request to ratify the United Nations Convention on the Law of the Sea?
Justice for Burmese THE main attraction of Burmese seafarers is their price. In the league table of wage costs, they are near the bottom.
Hawaii Superferry begins layoffs Hawaii Superferry is laying off 80% of its employees in the wake of Tuesday's court decision preventing service resumption
Have your say' IT is hard to explain to the outside world why an environmental impact statement of over 6,200 pages is not enough in the Netherlands
Yarov to revive state shipbuilder A PRESIDENTIAL decree attempting to revive domestic Russian shipyard demand has been resuscitated by new prime minister Victor Zubkov
Oilrig dumping brings $7M fine ENFORCEMENT of environmental laws for offshore dumping went beyond the shipping industry yesterday with the $7M criminal fine imposed on oil and gas giant Rowan Companies
One dead in Mexican vessel fire AT least one person is dead and two are missing after a fire yesterday in the engine room of the Mexican-flagged crew vessel Seba'an
Cosco spike leads Hang Seng surge A 20% spike in China Cosco's share price yesterday shows the incredible bull run in mainland shares on the Hong Kong stock exchange this year
Forwarder antitrust probe widens Officials from the European Union, U.S., Switzerland and Canada raid forwarders' offices as part of probe of fuel surcharges.
Agencies collaborate to improve S. Calif. goods movement
Norfolk considers truck ban
Lines plan China-India service
Rickmers names new vessel
Japan task force to address EU trade accord
Rail box traffic off
Japan's NYK upgrades China logistics offices
Crowley hosts Puerto Rico port security exercise
Mallory Alexander International Logistics restructures management
Is there an operating cost black-hole facing ocean carriers? There seems to have been an overload of unwelcome news this week for many ocean carriers trying to finalise their new budgets.
SYMS seeking new China-Australia friends
Environmental pressure restricts shipping
German train drivers strike begins
Italian rail accused of anti-competitive behaviour
Co-op formed in So-Cal Federal, state and local agencies link-up in effort to streamline movement of freight in Southern California.
Acergy defeats appeal Appeals court rules that foreign seafarers on foreign ships are subject to penalty pay under US law when they are on some voyages, but not the voyage the plaintiff was on.
Sovereign goes Spanish Royal Caribbean sends Sovereign of the Seas to its Pullmantur fleet, as Monarch of the Seas takes its place in Florida.
Ferry workers sent home Hawaii Superferry sends 249 employees on furlough amid a legal fight that has grounded plans for the island's first fast ferry.
Tallink charters to Venezuela Estonian owner ships out last fast ferry to Conferry because of high fuel consumption.
Ocean Crown drydocked Grounded bulk carrier is in drydock for repairs after new salvage outfit completes nine-week re-float operation in Chile.
Moonduster feels Panel punch Irish Takeover Panel censures consortium bidding for ICG over 'certain breaches' in share purchase.
SFI sells biggie Ship Finance International said to have fetched $56m for a 1993-built VLCC.
Pistiolis in full swing Top chief is looking to continue move away from tankers with drive into property investment.
Vyborg to revamp Russian shipyard to plough cash into modernising facilities to fulfil Gazprom order.
Saudis order at Damen Dutch shipbuilder to deliver two pilot boats to Atco for use at Ras Tanura terminal.
Greek ferry hits fishing vessel Collision between vessels in North Aegean not thought to have resulted in any injuries to passengers or crew.
NCSP cleared to sell abroad Russian port wins approval to release nearly 4bn shares to international investors.
Skipper missing after clash Search on for fisherman whose ship was sunk in collision with Baltnautic cargo vessel.
Fire kills one off Mexico Two missing after blaze in engine room of Pemex-chartered crew boat sparks mass evacuation.
Revenues jump at CSCL Chinese container line sees third quarter figure boosted by higher volumes to Europe.
Swan heads to Rotterdam German box line adding Dutch service to existing Hamburg link to St Petersburg.
End of line for HSY's rail unit Greek shipyard sells non-core rolling-stock subsidiary to Dr Meyer of Germany.
Precious hits out Bangkok-listed bulker player critical of second hand tonnage, which costs a small fortune.
Power cut at Gdynia Electricity company Energa reduces supply to Polish shipyard due to unpaid bills.
Tax boost for BW Gas Oslo-listed owner to avoid revised tax bill on extra NOK 3.65bn of income for 2000.
Viking Line upgrading its fleet The car and passenger ferry Isabella is the second Viking Line vessel in which the public spaces have been extensively refitted. The Isabella returned in service at the end of September after a docking at Turku Repair Yard. The upgrading ...
Finnish port operators become Aussies UPM has sold its Finnish port operators Oy Rauma Stevedoring Ltd and Botnia Shipping Ltd to the Australian specialist infrastructure entity Babcock Babcock & Brown Infrastructurelle (BBI) for EUR 90 million. Oy Rauma Stevedoring Ltd is a major port operator in ...
Layoffs likely at Hurtigruten Hurtigruten, which includes the Coastal Express service from Bergen to Kirkenes, is to carry out several harsh measures to reduce losses, and layoffs among the 2,400 staff are not unlikely. The group had losses of NOK 62 million last year ...
- 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
