Asian aframax rates may end gains Asian aframax charter rates may decline, after rising the least in four days, as the Lunar New Year holidays will slow hiring of tankers.
DP World faces risks of slowing global growth DP World Ltd, the port operator that raised US$4.96 billion in November in the Middle East's biggest share sale, was rated 'equal-weight' at Morgan Stanley because of concern that slowing global growth may reduce profit.
Maritime supremo to represent British shipping UNPRECEDENTED move aimed at presenting a united front for British shipping.
Policy shifts threaten stability of UK shipping
Future of shipping IPOs at risk from volatile markets LEADING investment bankers give cautious outlook for shipping offerings this year.
Sea Containers settles pension claims INSOLVENT Sea Containers reaches deal in principle with trustees of the two main pension schemes.
Maersk steers steady course for expansion MAERSK Line has barely been out of the headlines as top management embarked on a major shake-up to return the ailing giant to the black.
The value of shipping IT WAS heartening to hear Shipping Minister Jim Fitzpatrick refer directly to the contribution made by the shipping industry to the balance of payments
Fresh rumours of Hapag-NOL tie-up TUI, parent group of German container line Hapag-Lloyd, is in talks with Singapore's Temasek Holding about a step-by-step merger of their shipping activities, according to a report in today's Financial Times Deutschland
PRS enters dawn raids row THE Polski Register (PRS) has lashed out at IACS and suggested that the creation of the common structural rules (CSR) trangressed an EU directive
Ireland to probe ferry exploitation IRELAND'S National Employment Rights Authority is to investigate claims that the crew of Irish Ferries' ferry Oscar Widle are only being paid '4 ($5.90) an hour
Security patrol rescues survivors A CANADIAN warship on security patrol last weekend rescued two Pakistani seafarers, the only survivors of an original crew of seven, adrift off the coast of Oman
Human smugglers to face Spanish law SPAIN has granted its courts jurisdiction over alleged crimes against foreign nationals on the high seas, allowing the prosecution of suspected migrant-smugglers
Canadian shipper files Napoli suit A YEAR on from the grounding of the containership MSC Napoli, a Saskatoon shipper is taking action to seek damages for the loss of cargo
China growth seen slowing in 2008 Global economic slowdown leads World Bank to cut growth forecast for Chinese economy to 9.6% percent, down from earlier forecast of 10.8%.
Peters: Freight transportation in the national interest
AAPA 'disappointed' with Bush security, dredging budget cuts
WTO drafts see no progress on Doha accord
Corps asks $4.74B budget
Vancouver pact back on
Ukraine moves closer to membership in WTO
Rotterdam completes financing for new container hub
Nynäs and Frederiet order bitument tanker pair Stockholm-based shipowner Frederiet has together with the oil company Nynäs ordered two 4,500-DWT bitumen carriers. The price tag is around USD 45 million. When delivered in April and July 2010 respectively, the vessels will enter long-term bare ...
Superspeed I delayed for another week Color Line's Superspeed I will be delayed for another week from Aker Yards in Finland due to technical problems and will now be delivered next Thursday in time to commence sailings from Kristiansand to Hirtshals on February 28th. Superspeed II ...
Stena Arctica reflagged The 117,000 DWT Aframax tanker Stena Arctica, which is jointly owned by Stena Bulk and Neste Shipping, changed from Swedish to Finnish flag on February 5. Neste Shipping also takes over the management of the vessel. The 250-metre long ...
Crude slips after huge US inventory gain Bearish sentiment as stockpiles rise and recession fears persist.
Mechanical failure caused Panama spill Decal says only a small amount of fuel oil was released into the sea.
Power failure disrupts MGO production Cape Town players say product is still available.
Rotterdam market soft at midday
New capacity comes on stream in Fujairah Vopak Horizon Fujairah's expansion comes at a time of 'unprecedented growth in global oil trade and shipping industry.'
ExxonMobil sells Yanbu cargo for February India's IOC has also sold a cargo for late-February loading.
Fresh cargoes to replenish HK market next week Supplies of 180 cst tight; some barging congestion ahead of Chinese New Year holidays.
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