China cuts transport costs to ease rising food prices China, the world's biggest grain consumer, will cut rail costs to ship cereals from its main north-east production region, seeking to ease rising food costs that have driven the inflation rate to a 10-year high.
Managing risk part of logistics manager's role THE role of the logistics professional is evolving from supply chain manager to risk manager, as global supply chains are increasingly exposed to risks such as terrorism, pandemics and natural disasters.
North China Shipping plans US$700m IPO in HK North China Shipping Holding Co Ltd aims to raise at least US$700 million in a Hong Kong IPO, hoping to ride record freight rates for the transport of raw materials, sources said yesterday.
Admiralty Casebook
The price of late redeliveries THE English Court of Appeal has upheld a decision to award damages of almost US$1.4 million to a vessel owner for loss of profits due to the late redelivery of its vessel by a time charterer.
China cuts transport costs to ease rising food prices China, the world's biggest grain consumer, will cut rail costs to ship cereals from its main north-east production region, seeking to ease rising food costs that have driven the inflation rate to a 10-year high.
Managing risk part of logistics manager's role THE role of the logistics professional is evolving from supply chain manager to risk manager, as global supply chains are increasingly exposed to risks such as terrorism, pandemics and natural disasters.
North China Shipping plans US$700m IPO in HK North China Shipping Holding Co Ltd aims to raise at least US$700 million in a Hong Kong IPO, hoping to ride record freight rates for the transport of raw materials, sources said yesterday.
Admiralty Casebook
The price of late redeliveries THE English Court of Appeal has upheld a decision to award damages of almost US$1.4 million to a vessel owner for loss of profits due to the late redelivery of its vessel by a time charterer.
Lines set for battle over rock bottom rates FEFC lines willing to lose up to a quarter of cargo volumes as they square up to shippers over low eastbound rates.
Box bonanza as rates soar on European demand
Shipowners face higher costs of borrowing LEADING ship financier warns of sharp rise in cost of borrowing money due to global credit crunch.
Lloyd's rakes in record profits PROFIT for first half of 2007 surges to £1.8bn, up 34% from the same period last year.
Global shipping and green priorities come together World Maritime Day is a chance to tell the world that the International Maritime Organisation is about the environment as well as shipping.
The future's a water one THE problem of ballast water as a transporter of alien species and pathogens won't go away.
Mitropoulos goes green for WMD Shipping's environmental credentials and responsibilities formed the core of the IMO secretary-general's World Maritime Day address
USEC feeder service on Horizon? HORIZON Lines announced this week that it hopes to begin a shortsea service on the US East Coast next year
Pirates? Just give us the word! THE Royal Navy is ready for action to assist commercial vessels safely out of sealanes under pirate attack, the service told its merchant industry counterparts today
Crowley ups Jones Act orders THE Jones Act orderbook continues to swell, with new contracts confirmed for three mega-tank barges for Crowley at Pascagoula, Mississippi-based VT Halter Marine
Maritime City law issued in Dubai Mohammed bin Rashid al Maktoum, the Ruler of Dubai, has issued the Dubai Maritime City law, which sets up the DMC and its governing bodies
ICG sale in turmoil as MBO rejected IRISH Continental Group shareholders have rejected the €24 offer from the Aella management buyout group
Horizon Lines plans East Coast short-sea The largest Jones Act liner operator intends to start two short-sea shipping services among ports on the East or Gulf Coasts in 2008.
Shippers: LA clean-air plan violates Shipping Act
Court to hear challenge on Philly port land swap plan
ITF wins 8% Rise in pay deal for flag-of-convenience crews said to reflect manpower shortage.
Shortsea on the Horizon? Company CEO says company may begin domestic coastal service by early 2008.
PMSA pushes ports probe Shipping and transportation groups ask the US Federal Maritime Commission to investigate and block Southern Californian ports' trucking plan.
Philly port sued A coalition of marine interests is suing the Philadelphia Regional Port Authority to block a land swap with a developer.
Rensen returns to Russia Dutch shipbuilder outsources three bulker hulls to the Zelenodolsky shipyard.
Free Jupiter grounded Vessel requires limited repairs after running aground on a reef off the coast of the Philippines.
Two fly to safety Crew members airlifted from German KG ship and taken to hospital.
Oaktree ups sell-off Oaktree Capital Management increases its sale of Genco shares, as the bulker owner announces a $67 pricing of its stock offer.
Mermaid plots IPO Thoresen Thai offshore shipping unit revs up Singapore listing plans.
Hosco revives IPO plan Chinese bulker and tanker owner could list shipping assets through Hong Kong subsidiary this year.
Rem ups the beat Norwegian Offshore company bags two supply ship newbuildings from Nordcapital for $73m.
Argentine yard bags big order Astillero Rio Santiago is celebrating three-ship tug deal with Whitesea of the UAE.
Green efforts for green rewards Lack of environmental action will stop the dollars flowing in, IMO chief warns.
Crowley orders trio US yard Halter Marine to build tank barges worth $254m for domestic shipowner.
Philippines crew drain Local operators ask for help as foreign demand leaves them short-handed.
New yard for Bharati Indian shipbuilder teaming with Apeejay Surendra group on Orissa project.
RR targets Romania Marine design group Rolls Royce wants to manufacture ship parts in Romania.
Master to stand trial Sydney Ferries captain accused of dangerous navigation causing death after accident in January.
Gone with the wind Crew sets sail having helped with Georgetown drugs bust.
Oldies sale continues at GE Indian owner GE Shipping continues to offload single-skinners with disposal of 1988-built aframax.
Vogemann builds big Hamburg-based shipowner has ordered 12 handysize units from India's ABG.
RCL ties-up finance Thai intra-Asian player signs $36m loan deal with Deutsche Bank to finance Chinese newbuildings.
MIS moves into shipping UAE shipyard and construction group buys into expanding supply ship owner GMS.
Rates set for recovery Pareto Securities is bullish on tanker rates for 2008 saying fleet capacity growth may be overstated.
PSA sees continued growth Dominant Singapore port operator sees a 13.7% year-on-year increase in container volumes.
Stena's third drillship secured long-term by Hess The American oil company Hess Corp has chartered Stena Drilling's third drillship, the Stena DrillMAX III, that will be delivered ...
Pride of Telemark docked at Cityvarvet Kystlink passenger/car ferry Pride of Telemark is now drydocked at Cityvarvet in G'teborg to repair damage sustained when the ...
New finance deal for RG Line All of RG Lines old bank loans on approximately EUR 9 million are to be paid and transformed to new ...
IMO celebrates shipping's green credentials Secretary-General calls on governments to ratify IMO conventions to tackle ship pollution.
Russian port sees volumes grow Prices undercutting rivals by over $100 per metric tonne.
Refiners set to boost fuel oil output Survey shows South Korean exports could soar by 34%.
Rotterdam market quiet this morning
Singapore distillate stocks jump again Residual fuel inventories fell in the week ended September 26.
David Post leaves Kittiwake
IMO conventions need 'urgent' ratification, ICS says Bunker spill liability is one of the six key conventions highlighted as 'matter of urgent priority'.
Shell takes delivery of Zemira Melbourne-based Zemira is Australia's first Annex I compliant bunker tanker.
Singapore bunker supplier gives up licence The number of accredited suppliers has shrunk from 76 since the start of this year.
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