TUI CEO on Hapag-Lloyd marketing tour TUI chief executive Michael Frenzel is making an Asian tour to market container shipping business Hapag-Lloyd, which the German group has put up for sale, a source familiar with the situation said.
Analysts split as shipping rates continue to plunge The cost of shipping dry freight has plummeted in the last week, with differing explanations united by a focus on iron ore and China.
South Korean strike halts trade to the tune of US$5 billion Export-dependent South Korea said yesterday that a strike by container truck drivers in protest at soaring fuel prices has disrupted international trade worth almost US$5 billion.
Shipping sector faces tougher financing
Strait Talk
Don't let fast pace of growth overshadow safety THOSE who have been in the industry for a decade or three may vaguely remember a feeling of curiosity on seeing the first South Korean-built ship and wondering whether that country might be a serious challenge to European yards.
TUI CEO on Hapag-Lloyd marketing tour TUI chief executive Michael Frenzel is making an Asian tour to market container shipping business Hapag-Lloyd, which the German group has put up for sale, a source familiar with the situation said.
Analysts split as shipping rates continue to plunge The cost of shipping dry freight has plummeted in the last week, with differing explanations united by a focus on iron ore and China.
South Korean strike halts trade to the tune of US$5 billion Export-dependent South Korea said yesterday that a strike by container truck drivers in protest at soaring fuel prices has disrupted international trade worth almost US$5 billion.
Shipping sector faces tougher financing
Strait Talk
Don't let fast pace of growth overshadow safety THOSE who have been in the industry for a decade or three may vaguely remember a feeling of curiosity on seeing the first South Korean-built ship and wondering whether that country might be a serious challenge to European yards.
Fincantieri listing 'blocked by unions' UNION opposition is blocking plans for Fincantieri to privatise, says managing director, Giuseppe Bono
Clarksons appoints new CEO ANDI Case has been appointed as CEO of Clarksons, the world's largest shipbroker
Hanjin unveils second Subic dock HANJIN Heavy Industries has unveiled the specifications of its second dock now nearing completion in Subic, Philippines
Iran seeks gas crown IRAN is forecasting that it will surpass Qatar as the world's biggest LNG exporter over the next two decades
Two more dead at Hanjin Subic TWO workers have been killed in two separate incidents at Hanjin HI Corporation's Philippines shipyard in Subic Bay Freeport over the past few days.
"Shipping must do more" "IMO has achieved much, but more has to be done in the struggle against climate change and to reduce emissions of greenhouse gases". That was a message from the UN Secretary General Ban Ki-moon in his speech at the ...
German operator sentenced in pollution case The German ship operator Reederi Karl Schlueter GmbH & Co. (RKS) and a chief engineer working for the company have pleaded guilty to a charge that they falsified the Oil Record Book on the RKS-owned vessel MSC Uruguay. RKS was ...
US to board vessels from Iran The US Coast Guard has begun searching vessels, which have called at an Iranian port within five port calls before arriving in the US, reports the New York Sun. The vessels are boarded at sea before calling at a US ...
Triple fuel surcharge 'a difficult decision' Surcharge will come under review again in October.
UN maritime body 'champions' global standards UN secretary general says International Maritime Organization will 'play its part' in fighting climate change.
IMO targets greenhouse gas emissions Working group to convene in Norway next week to trash out global ship GHG reduction mechanism.
Fuel efficiency 'expert group' established Scottish Government steps up effort to find ways of reducing fuel costs for fishing sector.
Traders fear 'oversupply' in Singapore market July fuel oil arbitrage arrivals will outstrip June.
Rotterdam market remains stable
Asian bunker prices continue to drop Bunker markets dip as crude oil prices weaken.
Matson to raise bunker surcharge in July Adjustment comes as fuel prices hit 'unprecedented' highs.
Philippine liners up bunker surcharge Several liners raise surcharges by 10%.
Hong Kong proposes incentives to combat shipping emissions A 45-page study spells out incentives and measures to reduce maritime pollution in Hong Kong and Shenzhen ports.
SSA cool to cold ironing 'Holistic' approach needed, says leading local shipping executive.
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