IML to offer more maritime courses here THE growing interest in and development of the maritime law segment in Singapore has spurred the University of Southampton's prestigious Institute of Maritime Law (IML) to run its Maritime Law and Practice course here for the second year with plans to expand with further short courses alongside it in future.
Strait Talk
Who will fund the fleet? TO THE outsider, some of the current worries of the shipping industry may seem paradoxical. There is great concern about the massive overhang of tonnage that is set to come into service, threatening to suffocate any rate recovery by expanding capacity well ahead of demand.
Motoring
Sharp plunge in April vehicle deregistration THE number of cars deregistered last month has plunged, raising fears that the next COE quota could shrink by an unprecedented amount. Just 3,195 vehicles were scrapped in April, down 26.7 per cent from 4,357 in March.
IML to offer more maritime courses here THE growing interest in and development of the maritime law segment in Singapore has spurred the University of Southampton's prestigious Institute of Maritime Law (IML) to run its Maritime Law and Practice course here for the second year with plans to expand with further short courses alongside it in future.
Strait Talk
Who will fund the fleet? TO THE outsider, some of the current worries of the shipping industry may seem paradoxical. There is great concern about the massive overhang of tonnage that is set to come into service, threatening to suffocate any rate recovery by expanding capacity well ahead of demand.
Motoring
Sharp plunge in April vehicle deregistration THE number of cars deregistered last month has plunged, raising fears that the next COE quota could shrink by an unprecedented amount. Just 3,195 vehicles were scrapped in April, down 26.7 per cent from 4,357 in March.
IML to offer more maritime courses here THE growing interest in and development of the maritime law segment in Singapore has spurred the University of Southampton's prestigious Institute of Maritime Law (IML) to run its Maritime Law and Practice course here for the second year with plans to expand with further short courses alongside it in future.
Strait Talk
Who will fund the fleet? TO THE outsider, some of the current worries of the shipping industry may seem paradoxical. There is great concern about the massive overhang of tonnage that is set to come into service, threatening to suffocate any rate recovery by expanding capacity well ahead of demand.
Motoring
Sharp plunge in April vehicle deregistration THE number of cars deregistered last month has plunged, raising fears that the next COE quota could shrink by an unprecedented amount. Just 3,195 vehicles were scrapped in April, down 26.7 per cent from 4,357 in March.
Frangou scores tanker victory A MAJORITY of shareholders in Angeliki Frangou's Navios Maritime Acquisition Corp today approved the purchase of 13 tankers
Deutsche poaches Booth DEUTSCHE Shipping, the ship finance division of Deutsche Bank, has landed a big fish by signing Simon Booth as co-managing director
NITC defies sanctions threat AS TENSION rises about Iran's nuclear plans and possible tighter trade sanctions, its tanker giant has unveiled wide ambitions
Limited FESCO boost seen A NEW brokerage report has predicted that the boost to FESCO from the recovery in box volumes will be limited by doubts about rates and the company's debt refinancing
'Pirates' picked wrong taxi? FRENCH attorneys have reportedly told a government investigation that they have evidence indicating that four of the six Somalis arrested after a cruise ship was freed in April 2008 were not pirates
Sugar cane box deal expands CARGILL has renewed its container forwarding contract for sugar cane shipments out of Brazil with Switzerland's Panalpina group for another year
UK sentences drug smugglers TWO SPANISH men have been sentenced to 12 years in jail for trying to smuggle large quantities of drugs into the UK on a cruise ship
Turkish Hydrostatic release unit not working A hydrostatic release unit manufactured in Turkey did not work in nine cases out of ten when the Swedish Transport Agency tested the product named Fenner. 'This product was new
Shell puts Torm on the black list The setbacks are piling up for Torm. The oil giant Shell has put the Danish owner on its "black list" for not following Shell's safety regulations, Berlingske Tidende reports. Jesper
Gas-powered vessels could mitigate pollution in the Baltic Germanischer Lloyd presents details on a study that shows surprising savings from LNG over 15 years.
Markets weakening across the board NYMEX showing further losses in early trading.
Prices fall for fifth trading day Fujairah 380 cSt down by $80 since May 4.
P&I club launches 'Clean Seas' poster campaign First of its MARPOL regulation advice posters highlights procedures which should be followed during bunkering.
IFO prices down at all major ports IFO prices dip double digits in Singapore and Tokyo Bay port.
DNVPS: Dangers of styrene contamination overplayed Extensive research finds no evidence that styrene in HFO on its own will polymerise and cause filter clogging.
Box carriers operating losses hit $15 billion in 2009 Excess capacity and rate cuts led to 'most devastating setback in history for the liner industry'.
Ships, crew detained for illegal bunker transfer Vessels transferred 10,000 litres of bunkers without proper permit.
MISC subsidiary confirms collision of aframax tanker Says cargo has leaked after the vessel collided with a bulk carrier in Singapore.
NOL box volumes up 34% year-on-year Average revenue per FEU also increase on the back of higher bunker recovery.
Collision causes oil spill in Singapore Strait Master of damaged vessel estimates 2,000 mt of crude oil spilled.
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