India, China urged to apply antitrust laws to liner shipping Members of the Global Shippers' Forum (GSF) strongly called for China and India to apply their antitrust laws to liner shipping as Asia will become the last major trade area where they are not strictly supervised when the European Union adopts its anti-competition laws for the industry next month.
China's cargo, container traffic slows China's cargo and container traffic growth slowed in August for the third straight month as the country's trade with Europe and the US cooled.
Ike-hit US rig owners poised to raise rates The loss of oil and gas drilling platforms to Hurricane Ike will lead to higher rates for rig operators, who should also get some compensation for the jackups they lost, analysts said on Tuesday.
Antonini slams Brussels' failure over Aker sale PASSIVE position has harmed European yards and makes swift privatisation of Fincantieri all the more urgent.
Aker Yards finds new boss at STX
Lloyds TSB in advance talks to buy HBOS MERGER could create one of the world's largest ship finance portfolios.
China faces ports balancing act CONFERENCE is told country faces overcapacity in some areas but a space crunch in others.
Cruises rerouted as Galveston recovers CARNIVAL has rerouted cruises from Galveston because of the Texas island's severe damage inflicted by Hurricane Ike
Iran cries 'lie' at hazardous cargo report IRAN HAS labelled "a sheer lie" allegations that an Iranian vessel seized last month by pirates was transporting "a dangerous consignment", according to the Tehran Times
Ports America insulated from AIG THE AIG crisis in the US does not affect the largest US terminal manager, Ports America, which is owned by private equity firm AIG Highstar Capital
Eurogate buys into Hungarian rail GERMAN box terminal group Eurogate has acquired a 51% stake in Hungarian rail operator Floyd ZRt
Alexandroupoli privatise plan reported ALEXANROUPOLI'S port in northeastern Greece is to be privatised, reports in Athens indicated today
Congress seeks blame in barge spill A SENIOR maritime educator has blamed problems in the US maritime safety system for July's tanker-barge accident that caused an oil spill and closed the Mississippi River
Iran's Tidewater stake sold for $178M A 44% STAKE in the Iranian box terminal operator Tidewater has been sold to an unnamed investor for $178M
Shippers: Eliminate antitrust immunity Shipper groups in North America, Europe and Asia call for further reduction in carriers' ability to collectively discuss rates and services.
APM quitting Jamaica
Carriers urge consistent ballast water regulation
China fits shoe importers
Houston port still closed
Slow recovery after hurricane for Gulf ports
Seaway strike threat
Repairs limit vessel transits of Panama Canal
Portland airfreight stalls
American Commercial Lines outlook tops expectations
Finance crisis may affect shipping long-term It may take up to three years before the financial market has returned to normal trading for ship finance, claimed David Roberts of Fortis Bank at the Marseilles Maritime 2008 conference, Lloyd's List reports. He warns that the finance sector ...
Maersk announces formal bid for Broström Maersk has published its formal bid for the takeover of Swedish tanker owner/operator Broström. The offer is SEK 57 per share, which values Brostr'm at SEK 3.62 billion. The cash offer runs to 28 November 16.00 ...
Anti-fouling ban in force On 17 September an international convention banning the use of harmful substances in anti-fouling paints applied on ships' hulls entered into force. The International Convention on the Control of Harmful Anti-Fouling Systems on Ships (AFS Convention) was adopted ...
Houston fuel samples dispatched to Rotterdam DNVPS advises shipowners that fuel samples will need to be temporarily re-routed in the wake of Hurricane Ike in Texas.
Oil posts big one-day gain Crude given a lift by AIG rescue and stockpile report.
Singapore distillates respond to rising crude Asian IFO prices still falling but crude oil markets firming in early trading.
Bunker supplier confident despite financial turmoil Chemoil says bunker sales volumes could rise as fuel prices tumble.
ARA - some suppliers booked until end of this week
Global bunker levy needs to be 'carefully studied' Asian shipowners call for 'careful and thorough study' of global bunker levy and emission trading schemes.
WS flat rates in for 'unprecedented' increase Record bunker prices driver of the expected increase.
Oil falls near $90 Global financial market turmoil sags energy demand.
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