Attracting cargo insurers THE marine cargo insurance market in Singapore is currently one of the smallest components of the general insurance market, but it continues to attract new players who believe it has lots of growth potential.
Hanjin reports Q3 loss on weak won, fuel Hanjin Shipping Co, South Korea's largest shipping line, slumped to a third-quarter loss because of a weaker won, higher fuel costs and waning demand. The company plunged 15 per cent in Seoul trading.
Robbers raid tug towing S'pore barge AN Indonesian tug towing a Singapore barge was attacked and the crew robbed off Batu Berhenti in the eastbound lane of the Singapore Straits on Monday morning.
Int'l Shipholding sued over takeover
Traffic up 9% in Mauritius hub
Airline consultancy sets up Asia unit
QE2 runs aground on final farewell voyage
Strait Talk
Sailing through stormy seas A COMEDY sketch I saw recently summed up the financial pickle we have managed to get ourselves into. A financier explained: 'Of course it's a golden rule that markets can't just keep going up. Never happens, never. Only a fool would think otherwise.'
Attracting cargo insurers THE marine cargo insurance market in Singapore is currently one of the smallest components of the general insurance market, but it continues to attract new players who believe it has lots of growth potential.
Hanjin reports Q3 loss on weak won, fuel Hanjin Shipping Co, South Korea's largest shipping line, slumped to a third-quarter loss because of a weaker won, higher fuel costs and waning demand. The company plunged 15 per cent in Seoul trading.
Robbers raid tug towing S'pore barge AN Indonesian tug towing a Singapore barge was attacked and the crew robbed off Batu Berhenti in the eastbound lane of the Singapore Straits on Monday morning.
Int'l Shipholding sued over takeover
Traffic up 9% in Mauritius hub
Airline consultancy sets up Asia unit
QE2 runs aground on final farewell voyage
Strait Talk
Sailing through stormy seas A COMEDY sketch I saw recently summed up the financial pickle we have managed to get ourselves into. A financier explained: 'Of course it's a golden rule that markets can't just keep going up. Never happens, never. Only a fool would think otherwise.'
Boxship owners' compensation plan could fall foul of EU laws A COMPENSATION scheme for the owners of idle containerships could be thwarted by European antitrust rules.
Speculation mounts over Eagle Bulk newbuilding orders OWNER rumoured to have joined list of companies forfeiting deposits on newbuilding orders.
Chemical tanker hijacked STOLT Tankers confirmed today that one of its chartered chemical tankers has been hijacked in the Gulf of Aden by Somali pirates
DryShips' slide deepens SHARES of DryShips, the largest US-listed drybulk company in terms of capacity, plunged another 21% on Tuesday
Court clears Greek terminal deal A TAKEOVER deal for two box terminals at Piraeus, Greece's main port, between Hong Kong-owned China COSCO Holdings and the Piraeus Port Authority was approved today by Greece's Court of Audit
QE2 freed to make final UK bow LUXURY cruise ship Queen Elizabeth 2 ran aground today near Southampton during its final voyage before becoming a floating UAE hotel
Asia/Europe fall drags down Hanjin HANJIN Shipping has reported operating profits of 78Bn won ($58M) for this year's third quarter, down 25Bn won from 2Q08
Lindøvarvet close to shutdown Lindøvarvet in Odense can be wound up, according to Business.dk. The decision will be made in a few weeks. The shipyard's direction and management hope to find new business areas, in order to be able to keep some of the ...
Skuld follows suit The Norwegian P&I Club has decided to follow other clubs and increase premiums for the 2009 policy year. Skuld announces a 15 per cent general increase for mutual classes of P&I and FD&D ...
EU force to Somalia On Monday November 10 the European Union confirmed the implementation of a naval operation off Somalia. The aim is to launch the EU NAVOR Somalia operation "Atalanta" in December. "It aims to contribute to the protection of vessels of the ...
Bunker spill 'poses no environmental concern' Tugboat runs aground off US East Coast.
Appropriate authorities' should enforce MARPOL Annex Discussing MARPOL procedures like 'playing a game without a referee' until port state authorities make their rules clear.
Refinery maintenance triggers surge in fuel oil output 200,000 metric tonnes of extra residual product heading for Mediterranean market.
Bunker spill after ship driven ashore Fuel oil leaked from fractured hull.
Alternative bunker fuel 'not as eco-friendly' as claimed Naval architect says LNG releases methane into the atmosphere.
EU committee backs bunker players Environmentalists fail to win support for investigation of oil transfer operations.
Prices fall in key Asian ports Demand weak across the region.
Asian fuel inflows surge in November Western fuel inflows up a third from October levels.
Bunker supplies improve in Keelung More 380 cst IFO in northern port as refinery output swells.
COSCO ships to sail solar Solar-powered sails can harness energy from the wind and sun to cut a ship's energy needs.
Cochin cruise calls may dip Unfavourable tax regime and high bunkering costs deter cruise calls.
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