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.
Broker warns of 'potential disaster' to dry bulk HOWE Robinson report says newbuilding glut and slowing Chinese steel output could have major impact on dry bulk shipping.
BHP Billiton says merger will not hit freight rates
USCG set to unveil major overhaul plans NEW plans for a major restructuring of the US Coast Guard will tomorrow be outlined by Commandant Thad Allen.
CMA CGM orders cruiseships from Fincantieri LINE signs a MoU with Italian yard for the construction of two luxury cruiseships.
Poised for a comeback CHINA is again leading a February dry bulk rate rebound and huge profits are still for the taking.
Danish bacon sliced MAERSK'S decision to replace Danish stewards on its vessels with cheap foreign manpower hardly comes as a surprise.
CMA CGM signs two cruise MOUs CMA CGM has signed a memorandum of understanding for two cruise ships at Fincanteiri, the French operator said today
Rolls Royce doubles marine orderbook A STRONG performance from the marine activities of the Rolls Royce group contributed to it reaching a record orderbook of £45.9bn
UK to set up new promotional body NEGOTIATIONS are underway between a number of leading UK shipping organisations about setting up a group to promote the British industry internationally
Gulf Navigation doubles profit NET profit of Gulf Navigation rose by 120% in 2007, according to an AME Info report
Sepetiba terminal closed for repair THE Vale iron ore terminal at Sepetiba will be closed for the next few days so that repairs on a damaged pier can be carried out, causing more pressure on the Capesize market
US box slump worsens A NEW survey of US container imports warns that America's weakening economy is having a direct and prolonged impact on the sector
Environmental groups threaten to sue Port of Long Beach over clean-air plan Two groups demand expedited deadlines for reducing pollution from vessels, marine terminals, trains, trucks.
Port Tracker expects February imports to decline
Intermodal volume slows
Inland groups hit Bush budget
Maersk Line drops dollar for Europe-Oceania contracts
Customs extends first sale comment period
Judge hears Bayonne port dispute
Security staff arrested at NY-NJ container terminal
i2 revenue falls
New crossdock transload facility opens in Savannah
Coal terminal restarts shipments A major US export terminal reloads its first shipment after a four-week shutdown for repairs.
Two for Ponant French owner CMA CGM goes to Fincantieri shipyard to build two small vessels to be operated by Ponant Cruises.
Trans Pacific re-floated Panamax bulk carrier is afloat after grounding in the Danish Great Belt.
No longer dividend-free Nasdaq-listed bulker owner FreeSeas issues a $0.175-per-share dividend, the first ever for the Greek company.
Maersk latest to ditch dollar Charging Europe to Oceania tariffs in euro is the latest money-making idea from Danish boxship giant.
Croatian spill fear dampened Fire crews have gain control of a blaze onboard a cargo ship in the Adriatic, apparently ending concerns of an environmental disaster.
Double Hull profits down US-listed tanker owner sees its fourth-quarter profits plunge by a third as improved rates kick in late.
Garware expands profit Bigger fleet boosts 2007 result for Mumbai-listed supply ship and anchor-handler player.
Gulf Nav doubles up Dubai tanker owner boosted by strong economic growth in Gulf region in fourth quarter.
CMA CGM to expand in Malta French boxship line signs on for another 35 years and has big plans for Marsaxlokk terminal.
Maersk ducks gas-fuelled bullet Copenhagen-based giant emits as much carbon dioxide per year as Denmark but comparison is just "apples and pears", VP says.
Greeks get bulker blues Owners lose the taste for bulk carrier newbuildings as January sales turn into a damp squib, broker says.
Florida probes fuel surcharges Attorney General's Office to focus on fees applied after passengers had booked tickets.
Aker issues profit warning Norwegian yard group says "particular challenges" in 2007 will see result "somewhat below previous guidance."
Dust off! Hong Kong-flagged bulker ordered out of Australian port after traces of lead dust found on deck.
Napoli inquiry launched UK council to examine whether protected coastline should be place of refuge for ships in emergencies.
Shreyas wants three more Indian feedership player lines up investment of INR 1.5bn for new ships in next financial year.
SCI ups yard bounty Indian giant ready to splash $800m to launch shipyard joint ventures on the east and west coasts, official says.
Lower rates hit Neste Finnish tanker owner's 2007 profit down in weaker market for crude and products carriers.
Fisher buys Scotload UK shipping group adds another offshore services company to growing empire.
Crowley renews Order for two new tugs at Portland yard is first step in modernising Alaska fleet.
Steel prices headed higher South Korean shipbuilders face higher costs after Dongkuk Steel raises the price of heavy plate.
Bourbon revs up French offshore and bulker owner records steep rise in annual sales despite impact of exchange rates.
Japan owners blossom Bulker players Inui, Shinwa and Daiichi see profits rocket, but tanker player Iino Kaiun falters.
Banks come knocking CH Offshore looks to be in play after majority shareholder admits it has been approached by banks.
Turkish ro-ro in fire blaze The Turkish ro-ro vessel Und Adriyatika, built by Flensburger Shipyard in 2001 and with a cargo capacity of about 3,200 lane metres, caught fire on Wednesday off the Croatian city of Rovinj on a voyage from Istanbul to Trieste ...
Trans Pacific refloated after 10 days work The grounded bulkcarrier Trans Pacific was refloated last night after several days of working on removing some of its cargo of fertilizer. The Dutch salvors hired in the geared cargovessel Alexandergracht to take up to 9,000 tons of the cargo ...
Union rejected from court again Danish union 3F has for the second time been rejected from a court in a matter of payment for mainly Polish seafarers on ships registered in Danish International Shipregister (DIS). 3F tried a case in the Danish labour court on ...
Signs 'good' for scrubbers IMO committee set to endorse abatement technology as an alternative to low-sulphur marine fuel.
Maersk CO2 output 'equal to Denmark' Shipping giant's VP says comparison is "not fair"; Danish party calls for international agreement to limit CO2 output.
Tallinn bunker sales suffer as throughput dips Vessel calls down in 2007 following diplomatic confrontation between Estonia and Russia.
WWL not convinced about forced distillate switch Green shipping champion sticks with global LSFO policy after MDO trials to cut sulphur emissions.
Rotterdam market firmer
Bunker prices heading down towards $400 Bunker prices in major ports continue to slide as oil markets weaken.
Fuel saving technology rejected Ferry company concerned over 'operational risk' as part of regular operation.
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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