Posco gets necessary clearances to build port in India's Orissa state POSCO, the world's fourth-biggest steelmaker, has received environmental clearance from India's government to build a port in the eastern state of Orissa, almost two years after it agreed to invest US$12 billion in the facility.
California rejects BHP LNG project CALIFORNIA Governor Arnold Schwarzenegger on Friday rejected a liquefied natural gas port off the Southern California coast proposed by Anglo-Australian mining company BHP Billiton.
Louis Cruises to be hit with €1Bn claim PIRAEUS 18 May ' Greece is planning to claim up to €1Bn ($1.35Bn) in damages from Louis Cruises, owner of the cruise ship Sea Diamond which sank off the island of Santorini on 6 April
IMEC boosts fund for training INTERNATIONAL Maritime Employers Committee secretary general David Dearsley is to boost its training fund in the Philippines to enable rating to upgrade to officer level
Minister Ladyman raises awareness UK shipping minister Dr Stephen Ladyman assured members of Nautilus UK this week that he is seeking ways to raise awareness among school leavers
Korea takes first steps to reconciliation THE general cargo vessel Kangsung has launched the first regular service between ports in North and South Korea since the end of the Korean war in 1953
Wreck removal convention adopted IMO has announced the adoption of the Nairobi International Convention on Removal of Wrecks, and efforts now turn to bringing the Convention into force
Newcastle queue falls to 66 THE QUEUE of coal ships off Newcastle, Australia, has started to decrease, as a result of a coal capacity balancing (quota) system reintroduced at the beginning of last month
Are ports the choke point in the supply chain? Could ports be the catalyst for a change in the supply chain as we know it today? At the most extreme could ports actually lead to a reversal in the globalisation process and lead to companies sourcing goods from nearer to home?
Unifeeder starts service from Gothenburg to Antwerp
Shipowners go head-to-head over surcharges Three companies competing over bunker levies, seeing further cost pressures in the future.
Greece to sue Sea Diamond owners Meanwhile local authorities have threatened legal action against Merchant Marine Ministry and owners over lacking plans on fuel removal.
Japan wants stricter sulphur limit Ministry source says players are being consulted to see how low the limit should go.
Company to reduce 'risky' bunker trading Braemar Seascope is reviewing its strategic options.
Mixed picture for IMAREX fuel oil futures April figures show year-on-year growth but shrinking volumes compared to December 2006.
Bunker barge in collision with refinery jetty UK's largest bunker barge being checked for damage.
Istanbul market can survive decline in tanker traffic Crude oil pipelines could make Ceyhan the eastern Mediterranean's biggest oil hub.
S Korea bunker prices 'too high' Tight supplies pushing prices to near record-highs.
Singapore bunker differentials stay weak Bunker market becomes the main outlet for fuel oil cargoes as Chinese demand weakens.
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