Marine SMEs get help to venture overseas SMALL and medium enterprises trying to navigate their way into the competitive regional markets are getting a leg up from larger companies here with the unveiling of a new marine industry initiative yesterday.
Fortunes of yards, SMEs are interlinked WITH 70 per cent of marine work outsourced by Singapore's big shipyards to about 300 specialised small and medium-sized local marine enterprises , it is clear the fortunes of both ends of the industry are interlinked.
S'pore port's volumes up in first 10 months THE port of Singapore has handled 7.8 per cent more containers and 2.6 per cent more cargo tonnage overall in the first 10 months of this year, as fewer but significantly larger vessels called the port.
S'pore, Japan in anti-piracy exercise THE coast guards of Singapore and Japan joined forces in the waters off Singapore's eastern coastline yesterday to conduct a joint anti-piracy exercise.
Spanish Navy on alert to keep away ageing tanker SPAIN said on Wednesday it was prepared to deploy its navy to stop an ageing, single-hulled tanker from entering its waters, a year after a similar tanker on the same route sank and caused vast ecological damage.
General Dynamics in talks to build 3 tankers GENERAL Dynamics Corp, the second-largest shipbuilder for the US Navy, is in talks with undisclosed commercial oil companies to build as many as three oil tankers, chief executive Nicholas Chabraja said.
Move to check food imports at US ports THE US Food and Drug Administration will commission customs officers to conduct inspections of imported food under an agreement it signed.
Air and Land Transport
Virgin Blue IPO seen fetching top prices THE float of Richard Branson's discount Australian airline Virgin Blue was heavily oversubscribed yesterday and is likely to be priced at the top end of the range, an industry source said.
Australian Air to launch S'pore-Darwin service
Qantas ups HK flights
Australia announces tighter security at regional airports
Near-miss sparks row over new Aussie airspace regulations
Court upholds takeover of land for Narita airport
Admiralty Casebook
Tanker owners fail in duty to disclose nature of cargo THE owners of a slop tanker that was used to collect contaminated substances for disposal have successfully sued the owners of a chemical tanker for negligently failing to disclose the dangerous nature of the cargo that was transferred to it.
Marine SMEs get help to venture overseas SMALL and medium enterprises trying to navigate their way into the competitive regional markets are getting a leg up from larger companies here with the unveiling of a new marine industry initiative yesterday.
Fortunes of yards, SMEs are interlinked WITH 70 per cent of marine work outsourced by Singapore's big shipyards to about 300 specialised small and medium-sized local marine enterprises , it is clear the fortunes of both ends of the industry are interlinked.
S'pore port's volumes up in first 10 months THE port of Singapore has handled 7.8 per cent more containers and 2.6 per cent more cargo tonnage overall in the first 10 months of this year, as fewer but significantly larger vessels called the port.
S'pore, Japan in anti-piracy exercise THE coast guards of Singapore and Japan joined forces in the waters off Singapore's eastern coastline yesterday to conduct a joint anti-piracy exercise.
Spanish Navy on alert to keep away ageing tanker SPAIN said on Wednesday it was prepared to deploy its navy to stop an ageing, single-hulled tanker from entering its waters, a year after a similar tanker on the same route sank and caused vast ecological damage.
General Dynamics in talks to build 3 tankers GENERAL Dynamics Corp, the second-largest shipbuilder for the US Navy, is in talks with undisclosed commercial oil companies to build as many as three oil tankers, chief executive Nicholas Chabraja said.
Move to check food imports at US ports THE US Food and Drug Administration will commission customs officers to conduct inspections of imported food under an agreement it signed.
Air and Land Transport
Virgin Blue IPO seen fetching top prices THE float of Richard Branson's discount Australian airline Virgin Blue was heavily oversubscribed yesterday and is likely to be priced at the top end of the range, an industry source said.
Australian Air to launch S'pore-Darwin service
Qantas ups HK flights
Australia announces tighter security at regional airports
Near-miss sparks row over new Aussie airspace regulations
Court upholds takeover of land for Narita airport
Admiralty Casebook
Tanker owners fail in duty to disclose nature of cargo THE owners of a slop tanker that was used to collect contaminated substances for disposal have successfully sued the owners of a chemical tanker for negligently failing to disclose the dangerous nature of the cargo that was transferred to it.
Marine SMEs get help to venture overseas SMALL and medium enterprises trying to navigate their way into the competitive regional markets are getting a leg up from larger companies here with the unveiling of a new marine industry initiative yesterday.
Fortunes of yards, SMEs are interlinked WITH 70 per cent of marine work outsourced by Singapore's big shipyards to about 300 specialised small and medium-sized local marine enterprises , it is clear the fortunes of both ends of the industry are interlinked.
S'pore port's volumes up in first 10 months THE port of Singapore has handled 7.8 per cent more containers and 2.6 per cent more cargo tonnage overall in the first 10 months of this year, as fewer but significantly larger vessels called the port.
S'pore, Japan in anti-piracy exercise THE coast guards of Singapore and Japan joined forces in the waters off Singapore's eastern coastline yesterday to conduct a joint anti-piracy exercise.
Spanish Navy on alert to keep away ageing tanker SPAIN said on Wednesday it was prepared to deploy its navy to stop an ageing, single-hulled tanker from entering its waters, a year after a similar tanker on the same route sank and caused vast ecological damage.
General Dynamics in talks to build 3 tankers GENERAL Dynamics Corp, the second-largest shipbuilder for the US Navy, is in talks with undisclosed commercial oil companies to build as many as three oil tankers, chief executive Nicholas Chabraja said.
Move to check food imports at US ports THE US Food and Drug Administration will commission customs officers to conduct inspections of imported food under an agreement it signed.
Air and Land Transport
Virgin Blue IPO seen fetching top prices THE float of Richard Branson's discount Australian airline Virgin Blue was heavily oversubscribed yesterday and is likely to be priced at the top end of the range, an industry source said.
Australian Air to launch S'pore-Darwin service
Qantas ups HK flights
Australia announces tighter security at regional airports
Near-miss sparks row over new Aussie airspace regulations
Court upholds takeover of land for Narita airport
Admiralty Casebook
Tanker owners fail in duty to disclose nature of cargo THE owners of a slop tanker that was used to collect contaminated substances for disposal have successfully sued the owners of a chemical tanker for negligently failing to disclose the dangerous nature of the cargo that was transferred to it.
IMO: Ban on small single-hull tankers proves tricky subject The outcome is of critical importance to the world's bunker markets, as it will seriously impact the availability of suitable tonnage for regional and local transport of fuel oil. If the EU-proposal is favoured above Asian counterproposals, bunker suppliers around the globe could face a 2008 deadline to upgrade all bunker barges of more than 600 dwt to double hull by 2008, in line with European suppliers.
Turkey: Personnel announcement from Oiltrade Marine
Korean numbers up with the rest of the region
Oil prices fall as OPEC delays cut Oil prices were softer this afternoon on news that OPEC ministers have decided to leave current quotas unchanged. However the cartel looks set to cut production at an extraordinary meeting in February in a bid to prevent a supply glut forming in the second quarter.
Soft numbers bring renewed interest to Japan With the Japanese - Singapore premium gap starting to close, players are getting a little bit more attention from potential buyers. | In Full |
Saudi Arabia: Yanbu MGO supply about to resume
Singapore market largely sidelined before OPEC Bunker prices were reported firmer in Singapore today following a 2nd day of gains in cargo prices. Buyers were holding back until after today's OPEC meeting has produced a result. Oil prices are expected to ease if OPEC decides to leave production quotas unchanged.
Crude pumping resumes at Novorossiysk Transneft had to halt pumping of oil to the port on Saturday due to a tank-top situation, as the huge delays for tankers waiting to transfer through the Bosphorous strait delayed arrivals at the port.
Shippers 'ready for freight free market' EUROPEAN shippers insisted yesterday they are fully prepared to accept the consequences of a market free-for-all rather than continue with the conference system, even if that means higher freight rates.
IMO hammers out single hull compromise THE International Maritime Organisation's Marine Environment Protection Committee pulled off a difficult global compromise on single-hull tanker phase-out last night, through a deal requiring exceptional leeway for regional interests.
Maritime Asia awards Cosco's Wei for lifetime achievement WEI Jaifu, president and chief executive of China Ocean Shipping Co Group, has been awarded Asian shipping's lifetime achievement award.
Metrostar and Ceres win Niarchos tankers with $306m bid THEODORE Angelopoulos' Metrostar group has continued to bolster its tonnage, this time joining forces with Peter Livanos' Ceres Hellenic to acquire five double-hull tankers belonging to the legendary Niarchos group for a reported $306m, Athens shipping sources said yesterday.
Nominate the best for a Lloyd's List Award NOMINATIONS are now open to all our readers for your choice to honour outstanding achievement in shipping over the past year in the prestigious Lloyd's List Awards 2004.
IMO prepares for compromise THE IMO celebrated the 50th session of its Marine Environment Protection Committee (MEPC) today with a special commemorative session at its London headquarters
AP Møller concludes Shanghai deal AP Møller, the world's largest transport group, has finalised a joint venture with Shanghai International Port Group to operate Shanghai's newest container terminal
DFDS signs major steel contract A four-year contract involving the movement of 650,000 tonnes a year of semi-manufactured stainless steel products has been signed by DFDS Tor Line
Seawheel lifts off from Goole UK operator Seawheel is to relocate its UK-Hamburg/Esbjerg service and transferred from ro-ro to lo-lo operation from next January
Ipswich fined over port accident THE UK port of Ipswich has been fined '100,000 ($172,340) for an accident on 8 November last year in which a contract worker sustained serious head injuries
French flag launch delayed THE launch of the controversial French International Register has been delayed until May or June next year, as seafarers' union draw up plans for strike action
FDA, Customs to cooperate The Food and Drug Administration will be able to commission officers from the Bureau of Customs and Border Patrol to help speed food inspections at ports of entry to secure a safe food supply.
Bush lifts steel tariffs The move eliminates the threat of a trade war. To soften the blow to steel states, the administration is beefing up a monitoring program to guard against a sudden flood of foreign steel entering the country.
Rakkenes, Scioscia receive 'Connies' The Containerization and Intermodal Institute honored the former CEO of Atlantic Container Line and the president of APM Terminals North America at a Thursday luncheon.
American Stevedoring head says he's negotiating to extend Brooklyn lease
Shippers change tack over Regulation 4056/86 Feedback in the public hearing on the review of Regulation 4056/86 today marked a radical departure to past policy on the part of shippers, while carrier representatives maintained their stance.
Chinese box industry threatened by 'malignant freight reductions' China Ocean Shipping Co (Cosco) Group president and CEO Wei Jia Fu has warned that 'malignant freight reductions' could block the development of China's container shipping industry.
FDA flexes legal and manpower muscle
Shanghai container throughput to exceed 10million TEU
EPIC 3 expands to access northern Indian hinterland
Panama Canal container throughput could triple by 2025
Antwerp celebrates as it breaks through 5m TEU barrier
APM Terminals finalises Shanghai terminal JV
More ground slots for reefers at Cape Town
Hefty price increases threatened for intermodal traffic in Austria
APL moves to Barcelona, citing passenger links
HMM credit rating upgraded
Canadian Pacific Railway outsources IT infrastructure for US$153.94million
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