Busan Port posts smallest gain in volume in 16 years SOUTH Korea's Busan port, the world's fifth-busiest, handled 1.6 per cent more containers in 2006, the smallest gain in 16 years, on growing competition from terminals in Shanghai, Dalian and other Chinese cities.
Bangladesh bans 'toxic' oil tanker BANGLADESH banned on Sunday an allegedly 'toxic' oil tanker from being dismantled in the country after it was bought by a local shipbreaker, an official said.
Malaysia's MISC sees soft shipping rates ahead MALAYSIAN shipping company MISC expects freight rates for crude oil to remain soft over the next two years as competitors put more new tankers to sea.
Persian Gulf tanker rates may gain from tight supply
Philippines's Int'l Container to buy China port operator
Brussels fails to slow booming Asian yard capacity CONCERNS raised in European Parliament that rapidly expanding Asian yards could cause crash in newbuild prices.
GL restructures Maritime division GERMANISCHER Lloyd has re-organised its Maritime Services division in a move to focus more clearly on different customer groups.
Frontline firms up heavy-lift business COMPANY appoints experienced chief executive and plans to sell up to two-thirds of Sealift to outside investors.
CMA CGM in Cheng Lie talk MARSEILLES 15 January ' Speculation has been growing in recent days regarding a possible takeover of Taiwanese shipping company Cheng Lie Navigation Co (CNC Line) by French container giant CMA CGM
P&O's Bilbao vessel charter extended P&O Ferries has ended speculation about its Portsmouth-Bilbao service by extending the charter of the 37,583-gt Pride of Bilbao from Irish Continental Group
Anchors fall off Alaskan tankers A joint investigation has been launched into why anchors fitted on Alaska Tanker Co's Alaskan Frontier and Alaskan Navigator went missing and others were cracked
Argentine pulp protest fizzles out COASTGUARD personnel kept demonstrators away from the Buquebus ferry terminal at Buenos Aires on Friday, and the much-publicised event fizzled out
Taoiseach slams Irish Ferries rebate IRISH premier Bertie Ahern has described as deplorable the government's redundancy rebate to Irish Ferries after local workers were replaced by cheaper eastern Europeans
Belarus deal will benefit tankers A deal hammered out by Russian and Belarus officials on Friday has made the advantage of piping oil to market through Belarus less attractive, to tankers' benefit
Hapag-Lloyd parent opposes sale to state, courts private investors TUI Chief Executive Michael Frenzel said he would welcome private investors to help the company fend off a potential hostile takeover.
ASEAN to focus on Free Trade Agreements before a region-wide Free Trade Area is ready ASEAN leaders say they will study the possibility of a region-wide Free Trade Area while focusing on signing Free Trade Agreements with individual countries.
LA/LB loaded exports increase, but imports continue domination
TUI shares remain stable as CEO reiterates investor-oriented outlook
Malacca authorities examine the case for a major box port development
Taiwan's CNC Line denies takeover reports
Canadian National Railway reaches labour agreements
South Korean ports to tighten dangerous goods inspection
Chittagong Port normal, but delays continue for boxes destined for Dhaka
SITC extends China-Japan service into Manila
Trans-Siberian train steams slowly into 2007, with almost no transit cargo
Russian missing off Norway Search and rescue operation underway as massive wave sweeps seafarer overboard Malta-flagged vessel.
Abeele talks trades Philippe's new derivatives fund is up and running with $17m and a deep-pocket investor.
P&O keeps cocaine ship Ferry operator wins 20% saving on extended charter from ISG.
Irish Ferries wins lay-off payout Government move to compensate shipowner for replacing Irish staff angers unions.
Greek bulker grounds off Latvia Water leaks into engine room of Cyprus-flagged vessel pushed onto sandbank by severe weather.
Baltic consolidation Osterstroms acquires Nordship in move that strengthens Swedish private shipping.
Cash tills ring for Cosco Singapore-listed yard takes in $450m worth of new orders, including six Turkish bulkers.
Knock Stocks going First Olsen Tankers continues fleet renewal with sale of 1993-built suezmax.
Fesco ship holed off Russia Sixteen evacuated from container vessel which sustains hull breach after leaving Far Eastern port for Vladivostok.
TUI chief admits 2006 loss German shipping and tourism giant will dip into the red when it posts annual result, but Michael Frenzel not expecting sack.
Horizon in line US Jones Act liner player is confident of meeting market expectations in 2007.
Big shortlist for ONGC tender Great Eastern, Essar and SCI lining up against Swire, Tidewater and others for 30-ship offshore deal.
Samskip goes to Zeebrugge Icelandic shortsea container line takes space capacity at PSA HNN's terminal.
BLT looks for cash Indonesian tanker and gas carrier owner needs $400m to finance fleet growth.
Tanker blast in Philippines Four injured in explosion during cleaning of tank on vessel docked in Manila.
Frontline spins off heavies New Fredriksen company to buy suezmaxes from Ship Finance International for heavy-lift conversion.
BW takes more of Prosafe Singapore group wants to consolidate FPSO sector after bringing stake in Norwegian player to 22%.
Wartsila buys SA firm Finnish engine builder adds South African propeller repair company to its global portfolio.
Bangladesh bars "toxic" tanker Shipbreakers won't get their hands on Apsheron until it has been decontaminated outside Bangladeshi waters.
Sadler named LR CEO Thirty-year veteran named as successor to David Moorhouse at UK classification society.
Scandlines sale is still uncertain The sale of Scandlines has still not been carried out. The owners of the German-Danish company will this week try ...
Good results for North European registers on flag state performance The international shipping organisations Bimco, Intercargo, ICS/ISF and Intertanko have published the second edition of the 'Flag State Performance ...
Insufficient ballast water stranded MS Server Too little ballast water may have been the main reason why the Cypriot flagged handy, geared bulker MS Server of ...
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