SE-A shipping urged to use green LNG fuel USING liquefied natural gas (LNG) as fuel is the way forward for shipping in Southeast Asia, a clean energy expert said yesterday.
Fines possible when shipping emissions targets are adopted Emissions targets being negotiated by the International Maritime Organization (IMO) and the shipping industry may be adopted in 2012 with possible fines of US$75 per tonne of carbon emissions for violators.
Burning an option as slick in Gulf of Mexico nears shore With a vast oil slick now within only 20 miles of the ecologically fragile Louisiana coastline, Coast Guard officials said they were considering a 'controlled burn' of the petroleum on the surface of the Gulf of Mexico.
Panama Canal toll plan outlined THE PANAMA Canal Authority is proposing average 2011 toll increases of 12% and will require new information reporting by box ship customers
Petrobras splashes out PETROBRAS is to pay 1.4M reias ($796,000) in bonuses to its president and five senior executives, the company announced today
Finland, Indonesia team up FINLAND has reportedly offered to work with Indonesia to boost the Southeast Asian country's shipping industry
Passenger's body found THE BODY of a Russian tourist has been found off Italy after an apparent fall from a cruise ship about 26km from Livorno
Algeciras opening spoiled ALGECIRAS stevedores spoiled the party at today's opening of Hanjin Shipping's new box terminal at the southern Spanish port
Weathering Lisbon debt drop PORTUGAL'S shipping and energy sectors are well placed to deal with the downgrade of the country's sovereign debt rating, a senior energy executive told Fairplay today
Brazil's ports get onside BRAZIL reportedly plans to spend $385M to improve passenger terminals in seven key ports before the 2014 football World Cup and 2016 Olympics
Hijacked Clipper ship off the Somali coast The hijacked Voc Daisy has now arrived off the coast of Somalia in the vicinity of Garacad. The EU Navfor "is monitoring the situation". The Liberian-owned Voc Daisy was
Transatlantic result almost saved by Norwegian tonnage tax rule The Stockholm listed offshore/icebreaking and industrial shipping owner/operator Transatlantic reports a SEK 85 million pre-tax loss for Q1, but as a consequence of the ruling by the
Stockpile results to offset crude's Greek tragedy? Choppy trading as market digests unexpected numbers, wider factors.
Prices weakening NYMEX showing further losses in early trading.
Mid-week losses in Fujairah, Durban Meanwhile, Suez price firms.
Effort continues to influence final ISO 8217 draft Viswa Lab 'frustrated' with way information is conveyed to ISO, reiterates plea to leave 'Clause 5' as it is.
NOL sees container volumes and revenue jump Revenue boosted by better recovery of bunker costs.
Bunker costs keep Samudera in the red Regional container line expects bunker prices to remain volatile.
Prices generally soft in key ports Tokyo Bay prices rise as Golden Week holiday approaches.
South China fuel oil exports down 50% on month Dip in exports attributed to slowing bonded bunker demand in Hong Kong.
Will there be adequate supply of 1.00% sulphur fuel oil for the ECAs? Ship operators are gearing up for fuel switch in European ECAs. Coming North American ECA will cause huge increase in demand.
Aegean to build oil storage in UAE Three million barrel in-land storage facility to be ready in the next 18-24 months.
Wallenius ships to get fuel-saving waste recovery system Opcon's Powerbox will help the company cut carbon dioxide emissions by 37,000 tonnes a year.
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