Opposition grows to expansion of Lisbon port Two Portuguese opposition parties urged the government on Wednesday to overturn a decision to expand a container port in Lisbon because of what they said was a lack of transparency.
Tanker rates rise on storage demand The cost of shipping Middle East crude to Asia rose the most in 10 weeks on demand for supertankers to be used as storage. As many as 12 supertankers and four vessels half the size are booked with options to use as storage, Johnny Plumbe, chief executive officer of London-based broker ACM Shipping Group Plc, said yesterday.
Carnival sues QM2 pod maker CARNIVAL has sued manufacturers of Queen Mary 2's podded propulsion system, alleging fraud and conspiracy
QM2 flaw means more drydocking CARNIVAL has conceded that significant, continuing flaws in Queen Mary 2's propulsion pods will require much more frequent drydockings, translating into millions in lost revenues
Boskalis gives up Smit takeover ROYAL Boskalis Westminster, the Dutch dredging group, today abandoned its attempt to take over Smit Internationale, the salvage, harbour towage and terminals company
Growth slows for German box ships THE EXPANSION of the German box fleet is beginning to slacken in the face of the world economic crisis, an industry source said today
Russian grain traders ask subsidies RUSSIA'S grain farmers and merchants have asked the Kremlin for an export subsidy of $36 per tonne to sustain grain exports
Caution urged on Cuba reform LIFTING the US trade embargo of Cuba would not guarantee a bonanza for maritime interests, speakers suggested today at the Caribbean-Central American Action Conference
Caribbean security merged CARIBBEAN shipping groups are joining forces to aid smaller islands that face port security challenges
Maersk lays up eight container ships World's biggest ocean container carrier idles ships for six months following cuts in services and the slide in global liner freight rates
ILA, USMX schedule talks
Seattle probe finds fraud
S&P downgrades Wan Hai
Mobile stowaways detained
APM Terminals adopts TWIC as primary ID at Virginia port
Deficient cargo lashing sank Finnbirch It was deficient cargo securing in combination with loss of stability that sank the Swedish-flagged ro-ro vessel Finnbirch in harsh weather conditions in the Baltic Sea 1 November 2006 and when two seafarers lost their lives. According to ...
Keel laying of second Oasis-class cruise ship The keel of the Allure of the Seas was laid at STX Europe Turku shipyard on December 2. The Allure of the Seas is the sister vessel of the recently launched Oasis of the Seas. The hull will be assembled ...
German shipyards may risk one of every fourth order Up to 50 of 190 newbuilding orders at German shipyards may be cancelled due to the financial crisis, according to German media reports. The German shipyard association VSM claims that 25 orders worth EUR 600 million have already been cancelled ...
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