DP World to hand over Mina Zayed ops DP World Ltd will hand over the management of Abu Dhabi's Mina Zayed port operations to Abu Dhabi Terminals in January and the Dubai-based company said it didn't reach a binding accord to manage the new Khalifa Port.
M'sian hauliers seek ministry help on charge The Association of Malaysian Hauliers (AMH) has urged the Transport Ministry to intervene in the move by the Malaysia Container Depot Association (MCDA) to impose a RM5 (S$2.10) fee for every container that is returned to or taken from their depots.
VLCC rates head south South Korean oil company deluged with offers from owners, which pushed rates down by ten Worldscale points
Clutch of product tanker sales over holiday break Number of deals finalised in traditionally slow season
Warning over Venezuela drugs law Protection and indemnity clubs have expressed concern about legislation that increases the evidential burden and potential penalties imposed on shipowners and their crews
Maersk to give two week's grace on EU customs surcharge Cargo declaration data fee will begin on January 15 rather than the start of the month
Panamax earnings set to drop further Bulkers carrying coal from Australia set to see earnings decline as coal mines in the region are thrown into disarray amid exceptionally heavy rainfalls
Somali pirates head further south Unsuccessful attacks on two vessels in the Mozambique Channel, some 950 miles south of Dar es Salaam in Tanzania
Hamburg Süd joins Evergreen and Simatech service Move to expand German line's presence in the trade between China and India
COSCO Shipping plans $323m rights issue New funds will go towards paying for 20 specialised vessels
Qatar Navigation wins $330m oilfield services contract Two contracts signed with energy giant Qatar Petroleum
Torus to offer German shipowners war cover Cologne insurer to join market leader Allianz in offering specialist cover
MSC Chitra salvage will continue till April 2011 Owner MSC requires more time to release the remaining containers off boxship
Yangzijiang wins order for eight bulk carriers Hua Yang International Marine inks deal for two panamax and six handysize vessels
DSME targets $11bn in new orders for 2011 Goal is similar to this year's level as offshore vessel proportion remains high
Dalian Port has change of heart Chinese port axes boxship purchase plan in favour of investment in container port
Toyota exports slip again VEHICLE carrier exports by Toyota, Japan's leading automaker, declined for the third straight month in November, IHS Global Insight reported today
Rouen exports fall 60% GRAIN exports from Rouen reportedly fell 60% in the week through yesterday, with shipments dropping to Algeria and other buyers in Africa
Smits of Rotterdam calls for port 'urgency' HANS SMITS, CEO of the Port of Rotterdam Authority, warned today its continued growth would depend on adopting "a sense of urgency" to improve accessibility and other problems
China's rare-earth cut weighed in context CHINA'S decision to cut the quota of rare earth minerals to be shipped aboard will have only slight impact on freight rates, a shipbroking leader told Fairplay today
Hamburg Süd, Evergreen, Simatech add route HAMBURG Süd said it is expanding its presence in the trade between Asia and India/Pakistan by joining Taiwan's Evergreen Line and Middle East feeder Simatech a new service
US funds box facilities TWO MAJOR US rail corridors have received a combined $139M in federal money to help cut transit times along the international supply chain
China steps up imports of vehicle parts CHINA has decided to promote shipments of key auto components and technologies into the country over the next five years, IHS Global Insight reported today
Clarkson shares hit all time high level Shares in London-listed shipbroker have almost reached their all-time peak, more than tripling in value in two years.
Further trading for elderly Greek VLCC Navigators Tankers Management ship dodges demolition with sale to Singaporean interests for further trading.
Novorossiysk buys Primorsk for $2bn Novorossiysk Commercial Seaport gets go-ahead to buy the Baltic Sea port of Primorsk for $2bn to create a firm that will dominate Russian oil exports to the West.
Abu Dhabi raids DP World port Five-year service contract hits the bricks as DP World relinquishes Mina Zayed terminal operation.
ONGC takes Vantage driller Indian energy giant puts final signature on $1bn contract tied to drillship controlled by Vantage Drilling and Nobu Su.
Mystery buyer gets bargain bulker deal Cosco knocks price of Chinese built supramaxes down to around $25m in year end sale.
Bank chief joins Seadrill board John Fredriksen recruits retiring Nordea shipping chief Carl Erik Steen to replace Kjell E Jacobsen on drilling company's board.
Solstad ups stake in Nor Offshore Oslo-listed owner tops off holding in Nortrans venture as partnership closes in on $5m offshore deal.
Germany takes on the pirate menace Berlin talks between government and industry over measures to counter threat from Somali piracy.
Coscol turns eyes to newbuilding cash Chinese heavylift and general cargo specialist Cosco Shipping Co Ltd plans to raise $330m through a rights issue to fund new deliveries.
China Nav books eight Swire Group's deep sea shipping arm puts pen to paper on potential 16 ships in deal worth $600m.
Widdows sells NOL stock Neptune Orient Lines chief executive has sold a chunk of company stock at just shy of 52 week high.
China shipyard boom roars ahead Biggest shipbuilding nation consolidates position as newbuilding deals outpace deliveries.
Crewmen killed in winter blast Captain and engineer die as wild waves hammer Greek tanker controlled by Arcadia Shipmanagement.
Heroin and cocaine seized in drug bust Three Royal Caribbean crew charged with smuggling drugs into US port after Enchantment of the Seas cruise.
Rotterdam still seeing fuel oil glut No clear trend Thursday as some markets rise with cargo gains, others eye softening crude.
Crude drops despite decreases in US oil inventories Crude futures on Thursday traded just below the $90 level.
Florida: Fuel spilled during ship to barge transfer Ten barrels fall into the water, cleanup procedures go ahead but no impact caused to shipping.
Durban supply still limited Reports say Durban suppliers may offer IFO again early next week.
New Year price rise expected in Russian Far East Railway freight charges to push up bunker prices.
Expert panel highlights most important ISO 8217 changes Latest revision has contributed to getting the industry to talk about quality issues, helping to raise awareness.
Fuel oil cargo 'rejected' in dispute over sulphur content Pakistan State Oil says cargo came from Middle East supplier.
Petrobras pressing ahead with refinery building programme Work begins on Premium II refinery.
Management changes at PMC Juan Pablo Veas will lead the commercial and operational Team.
Order placed for eight 'fuel efficient' multipurpose vessels Fuel savings will be achieved through hull and rudder design, propeller nozzles and low resistance paints.
Singapore fuel oil stocks up 2.9% But arbitrage volumes set to remain low.
IFO prices firm at key ports Demand at key Asian ports below average.
Hijacked bunker tanker returns to owner IBCO orders another bunker tanker, due for delivery by the end of January 2011.
Port delays prop up demand for MDO Prices surge $60 on the back of tight supplies at Australian port.
Cruise lines face final Antarctic season as IMO fuel rule looms Larger cruise companies will be embarking on their final journey to Antarctica as area faces more stringent environmental regulation.
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