Floating storage to boost Q4 dirty tanker rates The cost to book crude oil tankers will soar nearly 180 per cent in the fourth quarter, fuelled by a rise in floating storage volume, possible weather disruptions and seasonal demand, a Reuters poll showed.
Maersk Line looking to Africa, South America The world's biggest container shipping line, Maersk Line, is increasingly serving Latin America and Africa with vessels sailing directly from Asia to tap the accelerating growth in those markets, the Financial Times reported.
Hyundai Merchant up on takeover talk Hyundai Merchant Marine Co, South Korea's second-largest shipping line, jumped to its highest in almost three years in Seoul trading on speculation that it may become a takeover target.
Western Seaports conference aims to revitalize hinterland transport At the latest Western Seaports Conference in Rotterdam, DB Schenker Rail launched a project for the establishment of a European production and transport control system. This means ...
Naming ceremony held for jointly-owned LNG vessel A naming ceremony for an LNG vessel was recently held at Kawasaki Shipbuilding Corporation's Sakaide shipyard. The "Taitar No. 4", which is jointly owned by Taiwan's ...
First motorway of the sea between France and Spain The first motorway of the sea between France and Spain recently commenced operations. During the first year, the waterborne service should take around 13,000 HGVs off the road netw...
3rd logistics and transport trade fair in Mersin (Turkey) from 7-10 October The third logistics and transport trade fair in Mersin (southern Turkey), hosted by the local branch of the International Chamber of Commerce (ICC), will take place from&...
TNT investing EUR 170 million in road delivery network in China Over the next few years, the Dutch service provider TNT plans to invest EUR 170 million in expanding its domestic road delivery network in China. The investment will enable TNT Hoa...
Gulftainer forms joint venture with Russia's Prominvest The United Arab Emirates-based ports and logistics group Gulftainer, a subsidiary of the Crescent Group of companies, has signed a major joint venture agreement with Prominvest, th...
Combined WWPC power for sugar plant transport from India to Sudan The Worldwide Project Consortium (WWPC), a specialist for out-of-gauge cargo, has reported that the Sudan-based project forwarding specialist, Darka Trading and Services,...
WSC warns on liner bill US CONGRESSMAN Jim Oberstar's plan to repeal the antitrust immunity of discussion groups and bar joint shipping services would have a destructive impact, the WSC has warned
Fincantieri talks due today FINCANTIERI managers and unions are reportedly due to meet today to resolve almost a week of industrial disruptions at the Italian shipbuilder
OSG reduces LNG focus OSG is reducing its focus on LNG shipping as part of organisational changes
MCA unveils mariner help THE UK'S MCA has unveiled new qualifications to help British seafarers in other maritime sectors find jobs in commercial shipping
Golden Ocean eyes capesize payday John Fredriksen-led Golden Ocean back at the table to pen bulker deal with Knightsbridge Tankers.
Assault turns back Aussie ferry Man taken to hospital in Tasmania after incident on TT Line vessel.
Diana Shipping tied to bulker buy New York-listed owner understood to have snapped up new post-panamax vessel.
Seaspan seals Wells Fargo blessing Expansion still in the cards for New York-listed liner player but funding gap needs to be filled, analyst says.
Ignazio Messina sheds Jolly ro-ro Somali swashbucklers may catch a glimpse of Jolly Smeraldo as Italian ro-ro sails to the beaches of Bangladesh, sources say.
ACL inks terminal expansion deal Michael Ryan-led tug and barge titan forges warehouse construction pact with US shipping client.
Stopford: 'Pirates pip bulk boom' Average cost for hijacked ship now around $10m as piracy growth beats Chinese imports, Clarksons director says.
CECO shares fly on Jaccar deal Shares in Oslo-listed Camillo Eitzen race up as investors show support for ethylene shipping venture.
Boyden: 'No news is bad news' Cantor Fitzgerald analyst questions hype of fourth quarter tanker market rebound but VLCC sale may offer a ray of light.
Billung joins Knightsbridge set Golden Ocean CEO becomes a director of Knightsbridge Tankers only weeks after merger chatter.
Georg Ots makes breakthrough Russian vessel becomes first passengership to make trip along northern sea route.
Crew free hijacked Lugela Ukrainian crew of Greek ship retake control after hijacking by pirates off Somalia on Saturday.
Nyfjell holed in ballast tank Norwegian general cargoship undergoing survey after grounding in Ulvesund.
Fincantieri hit by strikes Italian shipbuilder's workers walk out over restructuring plans that include job cuts.
Still waiting for Joola justice Victims' families criticise Senegal over lack of prosecutions eight years on from deadly ferry sinking.
Norwegian ship fires back Pirate assault driven off after gun battle involving seismic vessel Geo Barents off Kenya.
Double whammy for Prinsendam Holland America cruiseship hit by freak wave ' and out-of-control paraglider.
Maersk man in at Wrist Former senior VP Robert Steen Kledal takes top job at Danish ship supply group.
Jiangsu wins SCI bulker order Chinese yard bags contract for kamsarmax quartet from Sabyasachi Hajara-led SCI which keeps mum on price.
Sisters swap on Frontline board Cecilie Fredriksen elected as a director of Frontline as sister Kathrine steps aside.
Greek scraps single-skin tanker Vardinoyannis of Greece sheds its last single-hulled products tanker.
Deep Sea three bound for Brazil John Fredriksen-backed Deep Sea Supply scores long-term charters with Petrobras for PSV trio.
Improving Zim gets bond boost S&P upgrades Israeli line's debt to BB+ with "positive outlook" after return to profit.
Ardenne Venture sold Wah Kwong and Euronav jointly-owned VLCC finally gets a buyer closer to seller's asking price.
HMM soars on takeover talk Korean boxship and tanker owner's share reaches three-year high as ownership battle looms.
Transnet plans repair sell-off South African ports company to divest shipyards, but denies terminal privatisation planned.
Knife fight on bulker off India Filipino engineer rushed to Mumbai hospital after suspected stabbing by compatriot cook on supramax.
Burnie blow-out for Princess US owner's Dawn Princess prevented from docking in Tasmania by strong winds.
Two killed in ferry fall German couple die when their car plunges from Moby ship that moved forward at Genoa.
Moody's upgrades Glovis Hyundai Motor upgrade prompts ratings agency to raise its view of in-house car shipping company.
Newcastle hit by protest Delays to shipping as Aussie coal port is targeted by climate change protestors; nine people arrested.
Greek ferry bashes pier No injuries reported as Blue Star's Superferry II holed at island of Tinos.
OSG in LNG shake-up Morten Arntzen-led tanker giant is to shift commercial management of its large gas carriers.
IMO delegates to meet protesters This week the Maritime Environment Protection Committee of the IMO convenes at the UN body's London headquarters. On the agenda, ship emissions of green-house gases have a high priority
Swedish canal to be closed down for 25 days The Swedish Trollh'tte Canal connecting lake V'rnen, the third largest lake in Europe, with the river G'ta 'lv will be closed down between August 26 and September 19 next year
HMS Carlskrona rescued ship in distress On 24 September, the crew members on the EU NAVFOR Swedish ship HMS Carlskrona, found a small merchant ship, so called dhow, that seemed to be drifting with the wind
European markets mainly firm NYMEX showing losses in early trading.
Crew of hijacked bunker tanker still in captivity Ransom efforts to pay ransom run into fresh problems.
Bunker market firms in Fujairah Prompt deliveries available for most suppliers in Fujairah.
'Last opportunity' for IMO to influence Mexico climate change talks Mitropoulos says shipping should not be considered 'alternative source of finance' under Copenhagen Accord.
Surveyor boycott: Situation is 'improving' IBIA has been involved in discussions to help resolve long-running Singapore dispute.
IFO prices move up at key bunker ports Players report 'mixed demand'.
DNV spells out benefits of concept box vessel Joint study shows payback time of Quantum to be 14 years, says DNV chief.
Viswa Lab offers clue on specific contaminants Says combination of high MCR, asphaltene and CCAI nearly always results in broken piston rings.
VT Group unveils new logo and corporate strategy Focus on 'core business', new 13,000 mt bunker vessel will complete fleet renewal program.
Indonesia renews calls for tax-free bunkers Elimination of value-added tax and motor vehicle tax necessary for bunker fuel prices to be more 'competitive', says bunker association.
Enormous benefits' in replacing bunker fuel with LNG Reduces 'whole range of emissions'; LNG will be 'highly desirable' as bunker fuel, says former chairman of Shell.
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