Minister suffers Port Klang Free Zone headache MALAYSIAN Transport Minister Ong Tee Keat yesterday conceded that the ambitious but fledgling Port Klang Free Zone (PKFZ) project was 'a big headache'.
Freight derivatives lose lustre as players beat hasty retreat Freight derivatives are falling out of favour as traditionally conservative shipowners and brokers back out of the sort of speculation on volatile freight rates that has just claimed its highest-profile victim.
Oceanaut plans to bounce back with New Year deal COMPANY set to put forward a make-or-break shipping transaction to shareholders.
Market turmoil halts Oceanaut
Court verdict opens floodgates for new Erika claims FRANCE'S top appeal court rules oil spill from Erika can be considered waste for which Total has responsibility.
Eagle Bulk rejigs newbuilding programme SUPRAMAX bulker specialist drops orders for eight new vessels with no timecharter cover.
Maersk Line to leave Port of Charleston Carrier will transfer calls over next two years after ILA locals refused to allow terminal work to be transferred to non-union state port workers.
ILA fires back, says departure 'hurts everyone'
Oberstar proposes $30 million for short sea
LA port smog declines
Seattle trails PNW traffic
LA port to begin expansion of China Shipping box terminal
Judge extends vessel discharge compliance
Intermodal down sharply as weekly rail traffic slips
Employers, ILWU resume contract talks at Vancouver
2008: The Good, the Bad and the Ugly With precious few 'good news' stories coming across our desks at CI eXpress in the lead up to the festive season, it is perhaps an appropriate time to reflect on what was an unprecedented year for the liner shipping industry: like the iconic 1960s movie it was composed of the good, the bad and the ugly.
WSC comes of age
APL adjusts US/C America link
HPH moves in on Stockholm and Taranto
Evergreen adds new port to China-US service
Maersk to quit Charleston after ILA blocks common-user move
German fund for lay-ups German owners of container vessels has started a mutual fund for economic compensation to vessels laid-up. Initially the fund has gathered one-vessel owners with a total of 140 ships, writes Lloyd's List. According to the latest estimates, there ...
NCL cancels cruise vessel Star Cruises' and Apollo Management's jointly owned NCL has cancelled the second of two 150,000 GT cruise vessels ordered with STX Europe in St Nazaire. The first vessel is scheduled for delivery in 2010. The original order was worth EUR ...
Atlas Shipping files for bankruptcy Atlas Shipping, Copenhagen, has filed for bankruptcy after losing USD 3 million per week in the weakened bulk market. Atlas Shipping has been operating as a time charter operator in the bulk market since the company was founded in 1996 ...
Prices continue to slide Lower US bunker numbers again today but oil expected to rise next week.
ECA monitoring reveals more non-compliant fuels DNVPS suggests ship crew could draw better MARPOL samples than those provided by suppliers in some ports.
Transbunker in fuel quality and expansion drive Aims to sell more bunkers 'without claims from consumers'.
Singapore, Hong Kong bunkers end week soft Other key Asian ports end marginally firmer.
Exxon gets new fuel-efficient LNG tankers The two tankers are the world's largest LNG carriers.
Vitol buys MRPL's January cargo Parcel due for late-January loading from the west coast of India.
Bunker shortages grip Singapore Supply shortage expected to persist until after Christmas.
Iran to halt spot fuel oil exports Spot fuel oil cargo exports will stop in Q1 2009 due to domestic needs.
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