South China Sea headed for troubled waters Polluted, crossed by busy shipping lanes and disputed by many countries, the South China Sea has taken an environmental battering that threatens future food supplies, marine scientists have warned.
CIMC buys 3% stake in Goodpack for $22m China International Marine Containers Co (CIMC), the world's largest maker of shipping containers, bought a 3 per cent stake in Singapore-listed Goodpack Ltd, a maker of bulk containers for storing and transporting commodities.
S'pore box ports post strong Q1 Singapore's container ports had a good first quarter with PSA terminals here seeing a close to 12 per cent rise in throughput over the same period a year ago, while Jurong Port had a good run for March, notching up good increases in percentage terms.
France makes global force plea to tackle piracy FRANCE to ask United Nations to set up a dedicated body to combat piracy off Somalia and in the Straits of Malacca.
Attack on Le Ponant brings Somali piracy back into focus
NCL close to offloading cruiseship trio MIAMI operator appears close to finalising sale of three of its vessels to bidders including Pullmantur and the Louis Group.
Box lines revamp New Zealand services CARRIERS calling New Zealand set to remove tonnage as part of a major shake-up of services after freight rate slump.
Why shipping shouldn't be a man's world WOMEN are gradually, without creating any waves, playing a larger role in the maritime industry.
Time to sort out Somali pirates IT'S about time someone made some noise about Somali criminal gangs targeting seafarers and ships.
French swoop on Somali pirates FRENCH special forces are reported to have detained six Somali pirates and recovered an alleged $1M in ransom money in an airborne raid after the pirates released the cruise ship Le Ponant.
IMB praises French action PRAISING French authorities for apprehending pirates involved in the Le Ponant hijack, the IMB's Piracy Reporting Centre has called for international action to ensure safe passage for ships through the Gulf of Aden
Maersk ties up with MISC MAERSK Line and MISC Berhad will jointly operate a fixed weekly service from South-East Asia to New Zealand
Eurogate growls at Hamburg rates GERMAN container terminal operator Eurogate is embroiled in a row over berth leasing rates with Hamburg Port Authority that may delay the modernisation of its 3M teu facility in Hamburg
South Port dithering hurts Colombo SRI Lanka risks losing transhipment cargo to rival ports if there are further delays in starting work on the Colombo new south port, the island's central bank has warned
Hanjin set to absorb Keoyang HANJIN Shipping is to take full control of Keoyang Shipping as a way of increasing its bulk shipping turnover.
Maersk Line and MISC Berhad plan Southeast Asia-New Zealand VSA Vessel sharing agreement with Malaysian line will enable Maersk to maintain its existing service on that route.
Man vanishes from ship in Texas Land- and sea-searches begin after 27-year-old reported missing from product tanker near Bolivar.
Odoardo Amoretti dead Daughter to take control of Italian chemical tanker group Amoretti Armatori.
Banks and Quintana say yes Shareholders have approved Excel's bid for Quintana and a $1.4bn line of credit has been syndicated.
Skaugen battles costs Higher revenues from strong demand in Europe and Southeast Asia almost undermined by costs in first-quarter at IM Skaugen.
Cahuzac gets first day fortune New Acergy boss bags $484,000 worth of shares as he steps in to CEO's seat.
France fires warning shot Government talking tough on piracy after military helped release hostages held onboard cruise vessel off Somalia.
Suez roll continues Traffic figures static but money continues to flow from the Egyptian waterway as income rises 18% in March.
Fredriksen nets devil of a deal Tanker tycoon's offshore arm takes contract backlog to $12bn after signing three newbuildings on six-year contracts.
GSI yards ahead Hong Kong-listed shipbuilder expects 50% leap in first-quarter profit from better efficiency and hedging.
Manager denies collision claim Manager of VLCC says allegations it struck and sank a fishing vessel leaving three dead and 13 missing "sound a bit false."
Qatari gas tie-up Q-Ship signs over 50% control of LPG newbuilding quartet to compatriot Nakilat though joint venture.
Riverdance set for chop Clipper ro-ro beached off UK to be dismantled in situ in the interests of safety and the environment.
Daewoo bags drillship order South Korean shipbuilder secured $568m contract to take its 2008 orders to $2.4bn.
Varun behind Hercules buy Indian owner has emerged as the buyer of DOF BOA 18,000-bhp anchor handler for $100m.
No strike on Swedish vessels The Swedish Shipowners' Employers' Association and the two Swedish ship officers' trade unions have signed a new collective bargaining agreement covering the period 1 January 2008 to 31 January 2011. As a consequence, all notices of strike and lockout actions ...
French cruise vessel free ' British navy warned not to detain pirates The crew of the French sailing cruise vessel Le Ponant has been released by the pirates that hijacked the vessel off Somalia. The pirates later fled, but helicopter borne French commando soldiers apprehended six of them. The French state is ...
USD 12 billion order backlog at Fredriksens Seadrill Seadrill, listed at Oslo Exchange and controlled by John Fredriksen, has secured employment for three semi-sub drilling rigs currently under construction. Two rigs to be delivered at the end of this year and one during the first half of ...
IMO bunker proposals hailed as 'remarkable achievement' Revision of MARPOL Annex VI represents 'convergence of fiercely-argued positions' says International Chamber of Shipping.
Durban fuel oil supply affected following leak Urgent pressure testing required to determine integrity of fuel oil pipelines.
Bunker market report from Praxis
Bunker calls stay high at UK port Falmouth bunker calls boost port revenues but market sources say stem sizes have fallen.
WOQOD steps up bunkering business Looking at 'significant volumes' from Qatar bunkering facility after completing FOBAS quality project.
Rotterdam market stable
South African logistics company buys remaining Cockett shares Cockett now wholly owned by Grindrod.
Singapore: March bunker sales hit new high Sales surge to 3 million mt despite high bunker prices.
Philippine suppliers upgrading to double-hulls Two local suppliers upgrade their bunker tanker fleet ahead of ban on single-hulled vessels.
- 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
