HK ship insurers unable to fill void in Iran oil cover Hong Kong maritime insurers will not provide full cover to tankers carrying Iranian oil after new European Union (EU) sanctions take effect from July, a senior industry official told Reuters, another blow to Chinese importers struggling to find ways around the measures.
Boat Asia to showcase more than 60 yachts OVER 60 yachts large and small will make a splash at this week's luxury yacht showcase, Boat Asia 2012, to be held at the Marina @ Keppel Bay.
HK to target ships to control smog As OOCL London entered the English Channel in early February, the 323-metre vessel owned by Hong Kong's biggest container line was forced to switch from burning the black sludge known as bunker oil to less polluting fuel. That wasn't the case in the ship's home harbour recently.
Diesel Hits Highest Price Since August 2008 Diesel prices across the U.S. hit their highest point since August 2008 in the week ending April 9, climbing six-tenths...
Q&A With YRC Freight, Regional Carriers Journal of Commerce Senior Editor William B. Cassidy interviewed the presidents of YRC Worldwide's four less-than-truckload operating companies Feb. 21,...
Matt Chasen Discusses uShip's Growth, JOBS Act Importance (Video) uShip, which claims to be the e-Bay of the transportation world, has grown rapidly since it was founded eight years...
Greenbrier Rolls Into Black on Higher Railcar Demand Greenbrier rolled back into the black in its fiscal second quarter to a $17.7 million profit, as the rail supplier...
Osaka Box Trade Hit Record High in 2011 The number of foreign trade containers handled by the Port of Osaka in western Japan rose 9.8 percent in 2011...
AA Cargo's Chicago-Helsinki Link Takes Flight in June American Airlines Cargo will restart its daily service from Chicago to Helsinki on June 12. The nonstop link to...
Analyst Sees Carrier Actions as Biggest Threat to Rates The reintroduction of idled container ships is the biggest threat to a lasting freight rate recovery and the return to...
India Container Traffic Up 3 Percent Container throughput at India's major ports grew 3 percent year-over-year in fiscal 2011-12, which ended March 31, the slowest growth...
DRYS cashes in on ORIG George Economou-backed shipowner offers up juicy slice of drilling spinoff in an fundraiser that could top $152m.
AFL scores loan guarantee Tobias Konig-backed boxship operator secures loan to cover start-up costs connected to debut shuttle service.
Progress Bulk turns on ICAP Charterer turns gun on shipbroker as row over illegitimate substitution of bulk carrier moves to New York.
ORIG reels in drill deal George Economou-led offshore contractor closes in on $652m contract for drillship off West Africa.
Drunken debauchery at sea Shocked ferry master sends passengers to refuge as students alleged to have "trashed" ferry newbuilding.
Cargo receiver in GA victory Court overturns arbitration ruling that backed owner's refusal to deliver pirate disrupted cargo to Russian steel importer.
Ship boosts China - Iran links Iranian naval intervention to free tweendecker and crew from pirate control is celebrated in Beijing and Tehran.
OW Bunker targets US move US operation will complete global presence following five years of sustained growth and expansion
Centrofin sheds old aframax Former Teekay tanker looks to have been a good little earner for Greek owner as it heads for breakers yard.
Turkey scrap imports rising ICAP Shipping says volumes are up over 11%, but asks whether it can last as economic growth starts to slow.
EBRD funds Ukrainian growth Yugreftransflot diversifies into dry bulk with help from European Bank of Reconstruction and Development.
Ensco books Samsung drillship UK-based drilling company returns to South Korean shipbuilder for sixth deepwater newbuilding.
Market softens in Fujairah Prices firming in South Africa.
Study to look at calls for tax on marine fuel Legislators in US east coast state want funds for coastal dredging.
Bunker markets quiet in Europe Many countries observing public holiday.
UAE-based company to 'grow its global presence' Gulf Petrochem to start expanding its bunker business in the second half of this year.
Support for low-sulphur charter More shipping companies indicate they still back Hong Kong's Fair Winds Charter.
Bunker prices weaken in key Asian ports Supplies of marine fuels sufficient at major ports in Asia on Monday.
Singapore eyes new onshore oil, chemical storage terminal Four million barrel terminal will increase storage capacity in Singapore by 6%.
Fuel from missing cargo ship 'spotted' off Japan New Lucky VII lost contact with owners on April 3 during a storm in the East China Sea.
'Dramatically volatile market' putting pressure on shippers Rising container freight rates on the eastbound Asia-Europe route reflect carriers ability to enforce majority of rate increases.
Lube supplier 'emphasises' use of lubricants with different BNs Engine reliability 'can only be met' with a range of products, says Castrol Marine.
Wider adoption of ISO 8217:2010 must start from 'source' Bunker suppliers in Asia not willing to guarantee the spec as there are 'no guarantees' from cargo importers and oil terminals, players say.
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