Jurong Port's May throughput jumps 38% JURONG Port saw an exceptional 38 per cent year-on-year jump in container throughput in May as it benefited from an increase in both size of vessels and the number of calls made by its key customers.
Port Authority to sell or lease Freedom Tower The Port Authority of New York and New Jersey is in talks with potential investors about buying or leasing a stake in the Freedom Tower, the 541 metre skyscraper under construction at the World Trade Center site.
Floods to hit US transport firms' Q2 profits The worst flooding in the US Midwest in 15 years is expected to reduce second-quarter earnings at shipping and transport companies, but the full extent of the damage to operations may not be clear for weeks.
STX reviewing Daewoo M&A PUBLICLY-LISTED STX Shipbuilding has told the Korean Stock Exchange it is reviewing prospective participation in a merger and acquisition (M&A) exercise in Daewoo Shipbuilding. The builder, however, has yet to make any formal decision on the next stage, in view of its latest plans to reconsider its M&A options.
Sea is best for nuclear transport SEA transport remains the best option for the movement of nuclear products, the World Nuclear Transport Institute (WNTI) heard today
Vietnam urged to raise interest rates VIETNAM should raise interest rates to tackle its runaway inflation, now running at 25%, says rating agency Moody's
Foreign investors eye Polish yards TWO foreign investors have declared interest in buying two Polish shipyards
Optimistic forecasts for Aussie grain THE Australian Bureau of Agriculture and Resource Economics (ABARE) has delivered an optimistic forecast for the nation's winter crops, despite acknowledging that conditions across the grain belt are 'variable'
BC Ferries adds new vessel BC Ferries has added the second of three new vessels to its fleet
Logistics taking bigger bite of GDP Business logistics costs in 2007 exceeded 10 percent of the U.S. Gross Domestic Product for the first time in eight years, according to new CSCP report.
Cosco doubling service to Port of Prince Rupert
Rep. Mica: Time right for short-sea HMT exemption
Customs opens Web site for reporting trade violations
ITF website to target substandard owners The International Transport Workers' Federation, ITF, has launched www.itfseafarers.org where seafarers openly can discuss working conditions and other subjects on specific ships. The site also provides information on whether a ship is covered by a collective bargaining agreement. If not ...
Wilh. Wilhelmsen turns down new tonnage tax regime Wilh. Wilhelmsen ASA turns down the new Norwegian tonnage tax regime that was approved by the Parliament (Stortinget) in December 2007. 'The board of Wilh. Wilhelmsen has today chosen not to enter into the new Norwegian tonnage tax regime for ...
High fuel prices 'here to stay' European Commission says efforts should now focus on fuel saving and renewable energy.
Fishing industry 'must adjust' to high fuel prices Norway's fishing fleet to seek 30% cut in fuel consumption.
Single-hull fears on St.Petersburg agenda Russian bunker association says conference will discuss the key issues facing the industry.
Rotterdam barge market goes up
Singapore bunker prices stable Buyers are anticipating prices will fall in the next few days, traders say.
ExxonMobil offers mid-July cargo The high-viscosity cargo is likely to be sold into the marine fuels market.
Japan's squid fishermen strike over fuel costs Unprecedented two-day strike as rising fuel costs hurt profits.
Fujairah oil spill situation 'getting worse' Illegal dumping suspected to be cause of numerous oil spills in the world's second-largest bunkering centre.
Aegean to take over ICS Petroleum New acquisition will expand Aegean's presence in the North American bunkering market.
Petron charters new double-hull First locally built oil tanker has begun transporting bunker fuel within the Philippines.
Fall in Hong Kong shipping emissions Overall ship-generated emissions declined in 2006 compared with 2005, statistics have shown.
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