BP oil spill may raise crude shipping costs The BP plc oil spill spreading in the Gulf of Mexico may raise the cost of shipping crude oil to the US and trigger new tanker rules, the head of the biggest US oil-tanker owner said.
America fights a big, mighty enemy at sea Black Hawk helicopters peppered Louisiana's barrier islands with one-tonne sacks of sand on Monday to bolster the state's crucial wetlands against an epic oil spill, four million gallons and growing, in the Gulf of Mexico.
Increasing pressure on shipping to go green SHIPOWNERS could be excused for wanting to focus on issues such as ensuring their businesses emerge intact from the recession - and seeing environmental pressures as something that can be put off until better times.
First Militzer & Münch joint venture in Libya The international transport and logistics operator Militzer & Münch is continuing to expand its international network, adding a joint venture in Tripoli (Libya) on 1 May. The H...
Rhenus Contract Logistics investing in Spreitenbach A logistics centre in Spreitenbach (Switzerland) belonging to Rhenus Contract Logistics (RCL) is going to be renovated and expanded over the coming 18 months, but will remain open ...
Evenflo appoints NYK Logistics Evenflo has appointed NYK Logistics as its service provider to help develop business in Europe, the Middle East, Africa and India. NYK Logistics' warehouse in Antwerp (Belgium) has...
10% more cargo in Singapore The port of Singapore, the busiest maritime hub in the world, handled 2.41 million teu in March, a rise of approximately 10% vis-'-vis March 2009. PSA handled 2.32 million teu in M...
Port of Prince Rupert posts strong Q1 performance The Canadian port of Prince Rupert is continuing its strong growth this year, handling 4.12 t in the first quarter of 2010, a 72.8% rise compared to the 2.38 t of throughput in the...
Volcanic ash cloud hits weekend air traffic operations European air traffic operations were again hit by volcanic ash from Iceland during the weekend. Whilst the April upheaval had left southern European air space largely untroubled, t...
Reefer ransomed from pirates PIRATES have released the hijacked reefer ship Talca and its crew of 22 after a ransom was paid, EU NAVFOR said today
Hamburg market radar grows TIMECHARTER assessments published by the Hamburg Shipbrokers' Association are expanding as of today to cover three new box ship types
Prudent launches drybulk fund PRUDENT Asset Management has launched a new private equity shipping fund to invest in the drybulk shipping market
HMM changes US carriers HYUNDAI Merchant Marine is swapping US rail partners in a move it said will speed transit time for box customers
Offshore props up STX NORWAY'S STX Europe today said it posted "unsatisfactory" results for 2010's first quarter, despite an encouraging performance from its offshore and specialised vessel units
EC to rebut class attack THE EC told Fairplay today it is drafting a response to an attack on the classification society legislation that it passed last year
MCA detains cruise ship THE UK has detained a cruise ship in Portsmouth over concerns about overloading and crew fatigue
Pirates nab 'dead' Bulgarian tanker Voyage to scrap yard cut short as pirates seize Navibulgar products carrier in the Gulf of Aden.
Who turned on the lights? Texas shipyard bags $30m order as Venezuelan president Hugo Chavez combats electrical outages with floating power plants.
Shipyard offloads offshore pair Buyers bag anchor handlers as China's Zhanjiang Habin Shipyard dumps ships built on speculation, brokers say.
New Greek fund eyes bulkers Achilles Vardakis-led First Maritime Fund plans to raise $150m to spend on handysizes and panamaxes.
Wadan haunts STX Europe Huge provision following yard bankruptcy keeps Europe's largest shipbuilder in the red during the first quarter.
FreeSeas fixtures 'give hope' Nasdaq-listed bulker outfit says six fresh spot charters reflect an upturn in the drybulk market.
FD&D 'claims explosion' Defence claims and costs soaring but Nordisk chief Georg Scheel says club coping.
Profits plunge at GSL Net income slid 70% in the first quarter at Global Ship Lease but the Ian Webber-led boxship lessor says the sector is recovering.
One dead in Schulte blast Explosion rips through Schulte Group boxship off UAE killing one Filipino and injuring five others.
Greek tanker detained in UK Arcadia Ship Management vessel found to have fire doors strung open and low pressure in emergency breathing apparatus by MCA inspectors.
Kherson pushes up profit Ukrainian shipyard made more money in 2009 and aims to up production this year.
Time to step off the escalator Marsh P&I chief Nick Taylor calls on the clubs to put more emphasis on record and rely less on general increases.
U-Ming soars in first quarter Taiwanese bulker player posts much bigger profit so far in 2010 as markets improve.
Chemical market begins to bubble A shrinking orderbook, rising scrapping and growing demand all offer hope for the sector, Eitzen Chemical says.
Norden sells bulker quartet Mystery Russian spends $110m on handysizes from Carsten Mortensen-led Dane.
VL scrapped in $14m deal Univan-operated single-skin tanker sold for demolition in China, cash buyer says.
Rio in 10-year Norden deals Miner's aluminium division signs decade-long charters for panamax duo hauling bauxite to Canada.
Hong Kong holds lone offender CB Marine general cargoship detained in April after master's flag endorsement expires.
Sveaas calls for chairman's head Norwegian investor back to war with Trico chief Joseph Compofelice, refusing to back his 'failed strategy'.
Bulker Seli 1 breaking up? Salvors worried over state of Turkish ship that grounded off Cape Town in September.
Pirates free UK reefer Ransom payment on Monday evening paves way for release of Talca and 25 crew on Tuesday.
DNK opposed to ransom ban Moves to make payments to pirates illegal may leave shipowners helpless, warns Svein Ringbakken.
Forex loss puts Siem in red Kristian Siem-led offshore vessel owner sees large negative swing in first quarter on costs and strong US dollar.
Pedersen pops up in Dubai Ex-EMS big-wig Svein Pedersen is back in the game at the head of Dubai-based start-up Noah Ship Management.
Owners to pay for scrapping? Underwriters question ship values and warn of elderly vessels with negative values.
Artemis hit by engine trouble P&O cruiseship forced to miss three Med calls as it reduces speed.
Fatigue fear for cruiseship UK detains Silversea Cruises vessel over recording of rest hours for senior officers.
Russian revival Riso Garantia chief Alex Timofeev sees growth of Russian underwriters' market share.
Eitzen Chemical tops bets A $26.15m first quarter loss for the Oslo-listed owner not as deep as analysts had feared.
Clean-up plan for Gulf vessels New Orleans sets up decontamination station for ships affected by BP rig oil spill.
MES in strong turnaround Japan's Mitsui Engineering & Shipbuilding sees full-year profits jump nearly 85%, but orders halve.
CMA CGM launches new Asian run French container line teams with Maersk for FAL service number 12.
Dragnis eyes busier Q2 Paris Dragnis-led Goldenport sees lay-ups hit utilisation in first quarter with second period set for rebound.
Sunken dock causes oil spill Clean-up begins at Halifax Shipyard in Canada after tug-raising operation goes wrong.
Atlantic 3 crew recovered Vietnamese navy rescues seafarers from hijacked tug after they were abandoned by robbers.
"A compelling investment" Dahlman Rose initiates coverage of Scorpio Tankers with a 'buy' rating and $16 price target.
Cargo vessel released The Bermuda-flagged cargo vessel Talca has been released after a ransom was paid. The ship was hijacked approximately 120 nautical miles off the coast of Oman and 180 miles
Norden sells bulker quartet The Danish shipping company D/S Norden has agreed to sell four handysize bulk carriers to Russian interests. The vessels will be delivered to the new owners during the second
Esvagt fixes Esvagt Supporter on a five-year deal Esvagt A/S has fixed their standby and support vessel Esvagt Supporter on a five-year contract for Vestas Belgium. The vessel will be deployed in Belgian waters off Zeebr'gge
Number of idle containerships continue to fall The idle containership fleet stands at 715,000 TEU, compared to 907,000 TEU two weeks ago. This represents 5.3 per cent of the total fleet, the lowest idle ratio recorded
Shen Neng 1 towed for 40 hours The bulker Shen Neng 1, which aground on the Great Barrier Reef on April 3, has been towed from the waters off Gladstone to its new anchorage between Hervey Bay
Losses in Rotterdam, Hamburg South Europe shows strong gains.
Prices fall in Fujairah Durban, meanwhile, sees prices firm.
Petrobras offering 1.00% sulphur IFO in Rotterdam Move comes 'in anticipation' of changes to ECA regulations.
Revised ISO 8217 'will give buyers increased protection' DNVPS talks to Bunkerworld about the impact of the revisions expected to become a reality from July 2010.
Ship arrest ordered over unpaid bunker bills Bunker player seeks $826,500 in unpaid bills through US courts.
CMA CGM, Maersk launch new Asia, Europe line Move reflects a recovery in one of the main worldwide trade routes.
System upgrade will help operators cut bunker consumption Using VisPer will bring 'savings in fuel, time and money' says weather routing service.
Bunker prices dip in key ports Busan bucks the price trend while demand in Hong Kong remains strong on Tuesday.
Renewed danger as stricken bulker threatens to break up Waves from winter storm washing equipment and residual fuel ashore near Cape Town.
Asian shippers urged to engage in global decision making Asian maritime sector should project its voice on issues such as pollution control, ship recycling, access to ancillary services.
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