Record freight rates stoking inflation: analysts Record prices to ship raw materials are stoking inflation, as food and fuel costs soar, with transport costs exceeding the value of the commodity sent in some extreme cases, analysts say.
S Korea's STX Enpaco plans IPO in Q4 STX Enpaco, an engine parts unit of South Korea's STX Group, plans to sell shares in an initial public offering in the fourth quarter of this year to benefit from booming demand for new vessels.
French govt aid pledge eases fishermen strike French fishermen pressed on with a blockade of several ports on Sunday, but protests against high fuel costs were lifted in some Atlantic harbours after the government promised aid.
Box lines press on with floating fuel fees WESTBOUND transpacific grouping to raise bunker surcharges as of 1 July in a bid to cover costs on US-Asia trade.
More transpacific shippers agree to floating fuel fees
Cargo vessel hijacked off Somalia SHIP owned by Dutch Reider Shipping boarded by pirates in international waters in the Gulf of Aden.
NOL box volumes and rates improve in April CONTAINER line handled 14% more boxes in 5 April to 2 May period.
Svithoid sells and sets focus on small tankers Stockholm based tanker owner Svithoid Tankers will sell its largest tankers and focus on the below 5,000-DWT tanker segment, according to the company's first quarter report. The 1991-built, 8,950-tonner Baltic Claire, the 1995-built 8,400-DWT Betty ...
Hamburg wants Hapag-Lloyd The state of Hamburg is entering the fight over Hapag-Lloyd, to prevent a foreign buy-out and a possible transfer of the company abroad. The state is a part-owner in a company set up to raise enough money ...
Luke-warm interest in car industry for environmentally adjusted sea transports A speed reduction of two knots would increase sailing time for a car carrier on the Asia to Europe route, while at the same time reduce bunker consumption by 17 per cent and CO2 emissions by 21 per cent per ...
'Old and outdated' port terminal to add cold ironing Redevelopment plan including green leases to reduce pollution, boost growth.
Most fuel contaminants 'can be identified' Viswa Lab says there are not millions of chemicals, but specific types, that tend to adulterate bunker fuels.
Singapore bunker prices stable Regional bunker prices begin to drift higher against Singapore.
ARA: Prompt barges remain tight
Update on Panama Canal Shipboard Oil Pollution Emergency Plan
South Korean refiner to up crude oil runs June's bunker output will remain at this month's level.
Chinese demand for fuel oil expected to climb Analysts predict stronger demand in next two to three months.
Port Sultan Qaboos prices on Bunkerworld Bunker prices at the Omani port now available on Fuel Prices page.
Hong Kong to enforce Annex VI Official says Hong Kong will enforce the terms of the provisions 'no more, no less'.
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