Nigeria and Somalia new piracy hot spots ALTHOUGH attacks on ships by pirates were generally down during the first three months of this year, the International Maritime Bureau has warned that there is an increasing threat in waters off Nigeria and Somalia.
EU Parliament okays tough maritime rules THE European Parliament approved stricter maritime controls that may ban 200 ships from using Europe's ports to limit the risk of accidents such as the sinking of an oil tanker off the Spanish coast five years ago.
Sea freight costs for dry raw materials near record GLOBAL freight costs for dry commodities surged on Tuesday with rates close to breaking records, as ships waiting to load minerals to power China's roaring economy snaked back from Australian ports.
Somerville blasts EU ignorance NEW YORK 25 April ' American Bureau of Shipping chairman Bob Somerville warned yesterday that it is only a matter of time before one of the class societies is brought to its knees by unlimited liability for simple negligence
OceanFreight debuts on NASDAQ OCEANFREIGHT has priced its 10.75M-share offering at $19/share, the bottom of the target range, and begins trading today on NASDAQ under the symbol 'OCNF'
Stolt up despite legal costs STOLT-Nielsen reported higher profits from continuing operations for 2006, although legal costs tied to antitrust prosecution continue to take their toll
Productivity boost for Hamburg-Süd GERMAN north-south carrier Hamburg-S'd registered strong volume growth of 21% last year with the number of containers carried climbing from 1.52M to 1.84Mteu
Dry bulk record torn apart DRY cargo freight rates are topping record levels day by day, especially in the Capesize sector, where the previous record has been left far behind
No winners after Smit deal agreed BOTH sides have admitted defeat in the settlement hammered out between managers at Rotterdam towage and salvage specialist Smit and its unions
Inland costs, carrier consolidation drag Norfolk Southern net in first quarter Rail carrier said a 7% increase in East Coast port intermodal volume was nearly offset by a 6% decline in boxes from West Coast gateways.
DP World warns of box 'tsunami' for UK terminals
Cosco revenue gains
Canada joins U.S. in Chinese anti-piracy efforts
Alabama ports switch to biodiesel
California container traffic weaker in March
Shipper alleges NVO seized containers for payment
Thompson calls for stronger public-private partnership
Hurtigruten CEO resigns The Hurtigruten Group managing director Henrik Andenæs will resign as soon as a replacement can be found. Andenæs was the ...
NCL to hire foreigners on US-flagged vessels The US coast Guard has amended its rules to allow foreign crew members on NCL's US-flagged cruise vessels. According ...
Cosco orders 66 new vessels China Ocean Shipping Company (COSCO) has according to a press release ordered 66 new vessels with a total of over ...
Chemoil to expand clean product trading Company in talks with Singapore authorities to enlarge its storage facility on Jurong Island by 40%.
Support for emissions trading is growing But there won't be a scheme in place in time for the SECA that comes into force in August.
EMTA to raise BAFs by nearly 20% Bunker charges on the rise for the third straight month.
New interest in buying Fujairah refinery Oil trading and marketing company in talks with refinery owners, says report.
Rotterdam market stable Wednesday morning
Taiwan's state oil company predicts softer crude prices Oil prices to be under $60 per barrel on average this year, says chairman of Chinese Petroleum Corp.
Singapore Petroleum Company sees profits jump Q1 profits surge on improved refining margins.
Sharp rise in DNVPS tests of 500 cst fuel samples Higher viscosity fuel presenting few major quality issues, says global fuel testing company.
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