Ship shortage hurts soya export India has agreed to new season soya meal exports of nearly two million tonnes, mainly to Asia, but has managed to send out only a third due to shipping shortages that have pushed up freight rates, traders said.
Cruise ships threaten Antarctic's environment A cruise ship takes on water in the Antarctic and three more go quickly to the rescue - a blessing for the survivors, to be sure. But it is also an indication of a regional tourism boom that critics say threatens Antarctica's delicate environment and puts passengers at grave risk.
US$9m fine urged for dumping oil A Greek shipping company should be fined at least US$9 million and banned from the US for five years for dumping waste oil and trying to cover up its misconduct, federal prosecutors said.
W Australia plans single port authority
Keppel Corp holds first of annual series of safety conventions
Strait Talk
Classification societies going green BY coincidence the French classification society Bureau Veritas (BV) and its German counterpart Germanischer Lloyd (GL) habitually hold their main press events in London a few days apart in November. And this year was no exception and the gatherings were held at the same venue, Trinity House on Tower Hill, the historic headquarters of the organisation that runs Britain's lighthouses and aids to navigation.
Ship shortage hurts soya export India has agreed to new season soya meal exports of nearly two million tonnes, mainly to Asia, but has managed to send out only a third due to shipping shortages that have pushed up freight rates, traders said.
Cruise ships threaten Antarctic's environment A cruise ship takes on water in the Antarctic and three more go quickly to the rescue - a blessing for the survivors, to be sure. But it is also an indication of a regional tourism boom that critics say threatens Antarctica's delicate environment and puts passengers at grave risk.
US$9m fine urged for dumping oil A Greek shipping company should be fined at least US$9 million and banned from the US for five years for dumping waste oil and trying to cover up its misconduct, federal prosecutors said.
W Australia plans single port authority
Keppel Corp holds first of annual series of safety conventions
Strait Talk
Classification societies going green BY coincidence the French classification society Bureau Veritas (BV) and its German counterpart Germanischer Lloyd (GL) habitually hold their main press events in London a few days apart in November. And this year was no exception and the gatherings were held at the same venue, Trinity House on Tower Hill, the historic headquarters of the organisation that runs Britain's lighthouses and aids to navigation.
Intercargo urges review of loading rates FAILURE by terminals and drybulk shipowners to work together on loading rates could lead to structural failures and casualties.
GL inks contracts for 26 newbuildings GERMAN classification society signs bumper Chinese yard deals.
Brussels to make fresh plea to join the IMO JACQUES Barrot will make a new request for EU membership to ministers from across the continent this week.
Barges back to the fore RECESSION in the US next year looks more likely than not, the commentators say.
Beyond the call of duty The IMO Award for Exceptional Bravery at Sea hopes to raise the profile for seafarers and shipping.
Explorer owner denies defects GAP Shipping, owner and manager of the cruise ship Explorer, asserts that the ship had no deficiencies when it sank in Antarctica last Friday
Clerici, Chiquita in fruit dispute FRUIT trader Chiquita has fallen out with Italian port operator Clerici Logistics Group after one of its ships used a competing terminal
St Lawrence study offers no answers THE future of St Lawrence Seaway continues to be unclear despite the completion of a long-awaited viability study
CMA CGM adds ship, cuts speed of Asia-Europe loop to save on bunker fuel French carrier will add ninth vessel to FAL3 service between Asia and Europe as a way to reduce the speed of rotation.
Financial, political lures need to boost Seaway short-sea
Prosecutors want $9m Ionia Management should pay $9m and be banned from entering US ports for five years, prosecutors say in illegal discharge case.
Greek boxship grounds The MSC Korea is re-floated and moved after losing power and running aground near Savannah, Georgia.
SembCorp sues BNP Singapore builder asks a court to order French bank not to demand $50.7m for foreign exchange losses.
Top takes a dive Evangelos Pistiolis-led company sees stock hit worst level since 2004 IPO following news of its 21m share sale.
Nichols offers ferries Shortly after filing for bankruptcy, Nichols Bros Boat Builders says it can replace Washington state's withdrawn ferries.
Jinhui upgrades handy order Big-spending shipowner moves to boost capacity by increasing the size of three units under construction at Oshima Shipbuilding.
Sailing the shortsea seaway A joint US-Canadian study touts the Great Lakes-St Lawrence Seaway system as a shortsea transportation alternative, but not without infrastructure upgrades.
Ferry auction cancelled Washington State Ferries takes ship off eBay to fill gap left by safety inspections on 80-year-old vessels.
Navibulgar bidder passes test Martrade-led consortium will be allowed to carry out due diligence on national Bulgarian owner after bid proves acceptable.
Donbas eyes Warsaw listing Gdansk Shipyard suitor to seek public funds with 2008 IPO potentially worth $280m.
PIL sells to PIL Boxship owner completes sale-and-leaseback of two newbuildings under construction at China's Dalian Shipbuilding Industry.
SembCorp in Saudi yard deal Singapore builder sets up joint venture with Saudi outfit to build, own and operate a facility on Al Jazeera Island.
Evergreen back down under Taiwanese boxship line reinstates run linking South-east Asia to Australian ports.
Braila burned again Aker Yards' listed Romanian shipbuilder sees losses widen in first nine months.
North confirms 17.5% Fast expanding P&I club tells members it will separately identify pool cost as it sets hefty general increase.
Eidsiva loses direction Repairs to ship after loss of rudder in typhoon off Japan steer Norwegian car-carrier owner to smaller profit in third quarter.
Gotland bags ferry deal Swedish owner to continue with state-subsidised routes to mainland for another five years.
Future rosy for VLCCs Analyst Dahlman Rose says now is the time to buy Frontline, OSG and Nordic American shares.
Zhao: No need for panic Sinotrans chief issues call for calm following initial stock slump which analysts say is due to investors not knowing a boxship from a bulker.
Lunch trauma in Rauma Aker Yards workers walk out in Finland after being asked to take a longer midday break.
Svithoid prepares stock issue Swedish tanker owner needs cash for more ships ahead of contract renewals.
STX wins capes order Mystery European owner signs for four units at South Korea's STX Shipbuilding in $430m deal.
Keeping up with the Joneses Aker America Shipping and Aker Philadelphia Shipyard team up again in 13 ship product tanker deal.
No fun for Fred Olsen Norwegian owner sells out of the TusenFryd amusement park for tidy profit.
New Barents Sea transhipment of Russian oil A Norwegian company plans to store Russian and Norwegian oil in huge mountain deposits on the S'r'ya island for transhipments. NordOil Caverns plans to bring in oil from the Norwegian Goliat field ' located near the Sn'hvit gas field ' to a ...
Trico buys Norway's Active Subsea Houston-based offshore vessels owner Trico Marine Services has bought Norway's Ålesund-based Active Subsea for USD 247 million. The company has newbuilding contracts for eight multipurpose service vessels (MPSVs) building at Tebma Shipyards in India for 2008/2009 delivery ...
New container line ups capacity Tschudi Line operated container line from Drammen, via Moss and Larvik to Immingham and Rotterdam has already found it necessary to upgrade its tonnage from the 274 TEU Elegance to the 417 TEU Lilly Mitchell from this week. The main ...
Mystery fuel oil spill investigated Coast Guard comparing samples to vessels as clean-up completed.
MISC still to bear brunt of price gains Malaysian shipper set to be 'fully exposed' to spot bunker prices from January as hedges expire.
China still 'reluctant' to open bunker market Observers caution that Chinese Government is unlikely to treat marine fuel market as a priority.
WTSA to raise fuel surcharges Bunker surcharges to be added to previously all-inclusive rates: December bunker surcharges up 13%.
Mundra ambition to match Singapore prices India-based bunker supplier aims to double bunkering volumes in 2008 and further lower duty-free bunker prices.
Terminal operator sees Fujairah as 'oil hub' More details of plans to grow Vopak Horizon Fujairah terminal.
Rotterdam market stable at midday
Singapore: December fuel oil supplies 'balanced' Heavy supply inflows from Eastern sources will offset below average volumes of Western arbitrage cargoes.
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