Tanker rates sink to 2010 low Crude oil freight rates on major routes fell to a 2010 low this week due to a rise in the number of unchartered vessels in the Middle East and a lull in Asia trading with China on holiday.
MPA seeks nominations for maritime awards NOMINATIONS for the 2011 Singapore International Maritime Awards (IMA) are open.
French port strike in ninth day A strike at France's top oil port, the world's third-largest, entered its ninth day yesterday, threatening to halt production at some refineries.
Strait Talk
Marine fuel takes centre stage THE word from the Maritime and Port Authority of Singapore (MPA) is that, with three weeks to go, this year's Singapore International Bunkering Conference and Exhibition (Sibcon) is set to be a runaway success. This 16th Sibcon will run from Oct 27 to 29 at Resorts World Sentosa. MPA says the exhibition booths are fully booked and over 1,000 delegates have confirmed their attendance. This year's theme is 'Forging Ahead to Unveil a New Era for the Marine Fuel Industry'.
Shipping Times
UK govt favours dearer rail network Britain's coalition government has abandoned proposals for a single high-speed rail line from London to the north of England in favour of a twin-route network that will cost '800 million (S$1.67 billion) more to build.
Tanker rates sink to 2010 low Crude oil freight rates on major routes fell to a 2010 low this week due to a rise in the number of unchartered vessels in the Middle East and a lull in Asia trading with China on holiday.
MPA seeks nominations for maritime awards NOMINATIONS for the 2011 Singapore International Maritime Awards (IMA) are open.
French port strike in ninth day A strike at France's top oil port, the world's third-largest, entered its ninth day yesterday, threatening to halt production at some refineries.
Strait Talk
Marine fuel takes centre stage THE word from the Maritime and Port Authority of Singapore (MPA) is that, with three weeks to go, this year's Singapore International Bunkering Conference and Exhibition (Sibcon) is set to be a runaway success. This 16th Sibcon will run from Oct 27 to 29 at Resorts World Sentosa. MPA says the exhibition booths are fully booked and over 1,000 delegates have confirmed their attendance. This year's theme is 'Forging Ahead to Unveil a New Era for the Marine Fuel Industry'.
Shipping Times
UK govt favours dearer rail network Britain's coalition government has abandoned proposals for a single high-speed rail line from London to the north of England in favour of a twin-route network that will cost '800 million (S$1.67 billion) more to build.
Tanker rates sink to 2010 low Crude oil freight rates on major routes fell to a 2010 low this week due to a rise in the number of unchartered vessels in the Middle East and a lull in Asia trading with China on holiday.
MPA seeks nominations for maritime awards NOMINATIONS for the 2011 Singapore International Maritime Awards (IMA) are open.
French port strike in ninth day A strike at France's top oil port, the world's third-largest, entered its ninth day yesterday, threatening to halt production at some refineries.
Strait Talk
Marine fuel takes centre stage THE word from the Maritime and Port Authority of Singapore (MPA) is that, with three weeks to go, this year's Singapore International Bunkering Conference and Exhibition (Sibcon) is set to be a runaway success. This 16th Sibcon will run from Oct 27 to 29 at Resorts World Sentosa. MPA says the exhibition booths are fully booked and over 1,000 delegates have confirmed their attendance. This year's theme is 'Forging Ahead to Unveil a New Era for the Marine Fuel Industry'.
Shipping Times
UK govt favours dearer rail network Britain's coalition government has abandoned proposals for a single high-speed rail line from London to the north of England in favour of a twin-route network that will cost '800 million (S$1.67 billion) more to build.
EGL/Ceva and US department of justice agree to settle EGL Inc, a subsidiary of Ceva Group Plc, recently entered a plea agreement with the antitrust division of the US Department of Justice (DOJ) to resolve the latter's ongoing investi...
Raben Ukraine: innovative solution in fresh logistics sector On 1 October, the Raben Group rolled out an enhanced logistics offer for fresh products in Ukraine. The new service pertains to fresh produce that requires a controlled temperature...
WCA: Sino Conference 2010 breaks all records The 7th Annual Sino-International Freight Forwarders Conference is underway with over 1,400 delegates coming from 600 cities and 171 countries. The event continues to grow in size,...
Metrostar deal pressures GenMar GENERAL Maritime has required a bridge loan to cover one of its Metrostar buys, slashed dividends, and is considering asset sales
French crews urged to strike A LEADING French seafarers' union has called on its members to stage a strike over plans for an increase in the country's retirement age
New UK port to generate '£3.2Bn' THE LONDON Gateway port project will generate £3.2Bn ($4.9Bn) for the British economy, according to a new report released today
Cigarettes seized in Greece THE GREEK coastguard has intercepted a small general cargo ship carrying more than 32M illegal cigarettes
Channel closure blocks ships THIRTY ships are waiting to leave or enter the Houston Ship Channel, which remains closed after a barge accident, Fairplay was told today
Capesize rate rise boosts BDI THE BALTIC Dry Index gained 3.7% today on a rise in Capesize rates
VLCC rates plunge VLCC RATES have slumped 15% so far this week as persistent vessel oversupply undermines owners' efforts to secure better rates
New ferry designs from Deltamarin and Wärtsilä Wärtsilä and Deltamarin present a series of jointly developed new ferry designs at the Interferry Conference in New York, on October 3 to 6, 2010. Wärtsilä and Deltamarin have developed
Fayard inaugurates new dock Fayard has inaugurated another dock on its new plant at the former Odense Steel Shipyard at Munkebo near Odense. The first vessel in the new dock was the German owned
Mexico's Marinoil to offer low sulphur fuel Company services new port.
Arctic route to see tenfold increase in traffic Murmansk region sees potential for energy and transport sectors.
Rotterdam firming but elsewhere markets mixed Hamburg quiet as players wait for prices to fall.
'Long path' ahead on market-based measures Deep unease at MEPC 61 about purpose and effect, impact on trade; intersessional meeting agreed to enable 'fruitful discussion' at next MEPC.
Fujairah prices barely move Durban distillate grades show double-digit gains.
Year-on-year rise in fuel oil exports through Baltic port But Tallinn volumes dip month-on-month.
VLCCs provisionally booked for fuel oil cargoes Reports say vessels have been fixed for October loading, arriving in Asia in the next two months.
Noble gets accreditation from Singapore's MPA Singapore's list of accredited bunker suppliers now at 80.
Slight gains in bunker prices, demand mixed Mostly mixed demand at key Asian bunker ports, according to traders.
Bunker operations hit as strike continues Supplier unable to deliver at French oil terminal.
Singapore Brightoil's biggest revenue generator Surpassing revenues generated from its home base in mainland China.
MSC to lower bunker surcharges Surcharges from North Europe and Mediterranean to US to drop by $18-22 per TEU in November.
China and Greece to set up GHG research center Cutting shipping's GHG emissions is part of modernising Piraeus, says Chinese Premier Wen Jiabao.
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