Maersk kicks off Viet-US service Vietnam's big plans for export shipping have met their match in Maersk Line's Mathilde Maersk, the largest vessel to ever call at a Vietnamese port.
STX Pan Ocean posts US$18.3m Q1 profit STX Pan Ocean Co, South Korea's largest bulk-shipping line, posted a profit for the third straight quarter as rising Chinese demand for coal and iron ore led to higher bulk shipping rates.
Teekay sees 2Q strength TEEKAY Corp today posted first-quarter losses but said there are positive signs for the second quarter
ICS seeks US order clarity THE ICS is stepping up its campaign against an executive order by US President Barack Obama that it fears will affect shipping's ability to make ransom payments
10 stranded on drifting ship RESCUERS are today trying to aid 10 people aboard a broken-down ship reportedly drifting off Westray in the UK's Orkney Islands
Venezuela gas platform sinks VENEZUELA'S President Hugo Chavez has reportedly announced that a natural gas platform has sunk off the country's east coast
ICTSI wins Portland lease PHILIPPINES port operator ICTSI has signed a 25-year lease with the US port of Portland to operate its container-breakbulk facility at Terminal 6
Talks set in S Africa strike WORKERS are reportedly meeting today with rail and port operators to seek a resolution to a strike over pay that has stymied South African ports
Spill ripples alarm tanker lobby TANKER interests in Washington are expected to oppose any oil spill liability caps raised to include vessels, a Chamber of Shipping America official told Fairplay today
US refiners held accountable for reducing emissions New EPA rule follows extensive debate between the shipping and oil industry.
Steady prices in Southern Europe Many north European ports closed for Ascension day.
Prices softening in Fujairah NYMEX showing more losses in early trading.
Alternative fuels are 'new horizon' says US military Fuel-supply arm of US armed forces developing algae-based marine fuel.
Shipping group doubles its profit forecast Passenger operations stable despite higher bunker costs.
Weak market behind WWL's CO2 emissions cut 'Dramatically lower cargo volumes' in 2009 actually caused an increase in relative emissions per unit carried.
Fuel oil supplies tightening in Middle East Fujairah bunker prices $5 per metric tonne above Singapore.
IFO prices generally soft in key ports Singapore's 180 cSt the only bunker grade to see an increase in price among the key Asian ports on Thursday.
Singapore residual fuel stocks up 4% Middle distillates stocks fall 11% for the week ending May 12.
Singapore's April sales at record high Sales of bunker products surpass March's record level.
Aegean to acquire Shell Las Palmas terminal Shell Espana to exit the marine fuel market in Las Palmas.
Aegean Q1 net profit soars 220% Sales volume rises 31.3% during the quarter largely due to improved sales volumes in Singapore and the UAE.
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