Baltic dry sea freight index makes biggest one-day fall The Baltic Exchange's chief sea freight index for global dry commodities made its biggest one-day drop on Friday since records began in 1985.
Striking dockers fight Greek ports privatising Greek dockers walked off the job for the second time last week on Friday, stopping cargo ships from unloading and forcing some to dock at other European ports.
Aviation News
Concerns over coal terminal closure The shutdown of a US coal terminal has sent some European buyers in search of backup supplies and has heightened concern about US ability to meet surging export demand, industry officials say.
Baltic dry sea freight index makes biggest one-day fall The Baltic Exchange's chief sea freight index for global dry commodities made its biggest one-day drop on Friday since records began in 1985.
Striking dockers fight Greek ports privatising Greek dockers walked off the job for the second time last week on Friday, stopping cargo ships from unloading and forcing some to dock at other European ports.
Aviation News
Concerns over coal terminal closure The shutdown of a US coal terminal has sent some European buyers in search of backup supplies and has heightened concern about US ability to meet surging export demand, industry officials say.
Bangladesh evicts Indian aframax BANGLADESH authorities forced an Indian tanker to leave its waters on 10 January, amid concerns that foreign ships carrying waste are trying to discharge in Bangladesh
Hanjin yard complex for Philippines HANJIN Heavy Industries has signed an MOU with Phividec Industrial Authority (PIA) in the Philippines for the construction of a shipbuilding complex in the region of Mindanao
Russian shipyard scheme sluggish RUSSIA's new shipping platform the Unified Shipbuilding Corporation has failed to achieve industry consolidation, says industry insiders
Streamline Congressional oversight of Homeland Security, says Chertoff Department of Homeland Security Secretary Michael Chertoff urges seamless transition when new administration takes over in 2008.
OOCL drops old trucks in LB
UPS Freight raises rates
Tacoma opposes merger proposal
TACA charges unchanged
Tacoma issues project bonds
Ex-Im Bank offers new guidelines for due diligence
Sunny sky's to give way to storm clouds? The year of the Pig, 2007, was generally regarded as a good year for ocean carriers who benefited from a strong surge in global containerisation. This resulted in impressive cargo increases and substantially improved margins in tradelanes, such as Asia to Europe, Asia to eastern Mediterranean and Asia to West Africa.
Maersk to make changes to Far East / West Africa services
Elbe deepening decision not before 'second half of 2008'
PSA International posts record throughput performance
Nordmillennium sold After a December deal for the ship falls through, the 301,000-dwt VLCC is sold to Greek owners.
Exxon dumps aframax Oil major subsidiary International Marine Transportation sells the Ras Laffan to Eastmed.
Panamaxes for Vinalines Vietnamese owner reportedly buys panamax bulkers in two deals worth more than $140m.
Macau ferries collide Two ferries on the Hong Kong-Macau run collide, with reports of 133 injuries.
OSG legend dies Post-war immigrant helped build MOC-OSG into shipping giant, remembered for 'highest integrity' over 64-year career.
MEND claims tanker blast Insurgency group claims responsibility for fire onboard Greek-operated vessel at Nigerian port.
Second officer blamed US National Transportation Safety Board determination agrees with summary report that a second officer's commands were behind the heeling of the Crown Princess.
Engineer gets 6 months Judge sentences former Tanabata chief engineer to a semester prison term in magic pipes case.
High and dry? With the Baltic Dry Index showing a huge reverse on Friday, we ask some owners what is really going on in the bulker trade.
Fire on tanker in Nigeria Explosions heard prior to blaze on Greek-operated chemical carrier discharging gasoline at Port Harcourt.
Dry stocks still rolling US-listed bulker owners put up strong showing despite biggest single day drop in the Baltic Dry Index since 1989.
Strikes hold no sway Greece expects to complete port privatisation by June despite the latest round of strike action at Piraeus and Thessaloniki.
MCA facing twin threat Coastguard and surveyors set to ballot on strikes as head of UK safety agency faces vote of no confidence.
Huge wave injures 5 on bulker Two crew members of Panama-flagged handymax hospitalised after vessel struck by wave off Canada.
Last orders for Noh Hyundai Merchant Marine chief leaves his post after five years in the hot seat.
IHI to create a monster Troubled Japanese yard set to join forces with steel giant JFE to form Japan's biggest shipbuilding company.
Mipo strikes with 10 more South Korean yard Hyundai Mipo follows earlier order for six chemical carriers with order for another 10.
China takes 2007 spoils Chinese shipbuilders bagged more orders than their South Korean rivals last year, broker says.
Damen goes Dutch Netherlands-based shipyard group takes 49% stake in Emirates counterpart.
Suggested merger of Aker Yards and Fincantieri The EU Commission is currently looking into South Korean STX Corporation's purchase of 30.2 per cent of Aker Yards, while Italy, France and Norway would support a merger of Aker Yards and Italian state owned Fincantieri. The move is ...
Helcom wants tighter regulations Helcom calls for tighter IMO regulations in the Baltic Sea to prevent a predicted strong increase in NOx emissions from ships. A joint document has recently been submitted by the Helcom countries to the IMO Marine Environment Protection Committee, which ...
Container majors lauch info site A group of container shipping majors have joined forces in a new organisation, Container Shipping Information Service, CSIS, in order to spread knowledge of the inportance of container shipping. CSIS has launched a website with a public information service in ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
