Baltic index falls on less China iron ore imports The Baltic Dry Index, a measure of shipping costs for commodities, had its first decline in three days on reduced demand for iron ore in China, the world's largest buyer of the material.
Britain to study major rail network expansion Britain will consider building five new main rail lines in a strategic review that could lead to the biggest railway expansion in more than a century to try to cope with booming demand, Network Rail said on Saturday.
Zim boxship fire extinguished THE engine-room fire aboard the Zim containership India Lotus has been extinguished with no injuries, but the vessel is dead in the water 1,300km south of Dutch Harbor, Alaska
Force Majeure follows Bonga attack SHELL has declared Force Majeure on deliveries from Bonga, offshore Nigeria, for the rest of June and July, after the militant attack yesterday in which at least three workers were injured
Daehan completes first ship DAEHAN Shipbuilding in South Korea has completed its first ship at its Haenam premises
Australian bill ups compensation THE AUSTRALIAN government has introduced legislation into parliament that will increase the maximum amount of financial compensation available in the event of a major oil spill
Shipping share volatility mystery THE price movements of shipping stocks appear to be uncorrelated with the underlying markets and company strategies, said speakers at the Marine Money conference.
$80M to expand Charleston capacity Biggest share of capital spending planned by South Carolina State Ports Authority in fiscal 2009 aims to boost capacity at Charleston.
McCain stumps for NAFTA
FMC progress praised
German rival Hamburg Sud won't bid for Hapag-Lloyd
Is the US 100% scanning law dead in the water? As US presidential candidates, Democrat, Barack Obama and Republican, John McCain get ready to slug it out in a four-month contest to become the most powerful human being on the planet, the issue of national security will be extensively debated. But do either of the senators have the vision to suggest a review of the unworkable 100% scanning law?
Study helps measure ship-generated emissions New formula shows that larger vessels travelling at slower speeds are the least polluting.
Carnival: Fuel prices to hit 08 earnings Cruise line seeing Q2 fuel costs up 59% and expecting more bottom-line impact later in the year.
'Only IMO' should deal with ship emissions Industry leaders say post-Kyoto deal and regional regulations are not suited to control shipping's CO2 output.
WFS: 'Acquisition talks' break-down Report says moves by WFS to acquire tanker brokerage have fallen through.
Global bunker market report
Shipping emissions focus of new concern EU report says CO2 emissions from shipping and aviation causing 'particular concern'.
Rotterdam barge market very quiet
Singapore prices fall from record high Bunker prices drop following crude oil prices, traders say.
'Sock on a stack' cuts 95% of emissions New emissions control system billed as 'cost effective' alternative to cold-ironing.
Bunker firm opens Singapore office
Shipyards must 'play their part' in fuel efficiency drive Leading shipping executive says yards currently charge more for environmentally friendly designs.
Aegean welcomes new CFO Spyros Gianniotis steps in as Nakhleh leaves to 'pursue other interests'.
Preparatory work completed at Malaysian bunker hub Multi-purpose complex will support the construction of the country's landmark bunker project.
Hong Kong mulls cleaner fuel for ferries Talks are underway for ferry operators to try switching to using ultra-low sulphur diesel.
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