CSX stakes: Dubai Ports Int'l throws down the gauntlet BIDDING for the global terminal assets of CSX Corp could top US$1.4 billion after the Dubai Ports International emerged as a surprise contender, substantially upping the stakes at the eleventh hour.
Panama Canal to raise toll on box ships PANAMA plans to change the way it charges container ships using its canal in an effort to increase revenues.
Persian Gulf tanker rates may rise this week THE cost of shipping crude oil from the Persian Gulf to Asia may rise by the end of the week as oil companies start to book ships to load oil in January.
Supplier withdrawals trigger tight ex-wharf market Withdrawals from the Singapore ex-wharf IFO380 bunker market prompt tight avails and firm premium over paper market.
Stock in Castrol leaps on buyback rumours
Crude rebounds on fresh fears of US heating oil shortage Market focus on heating oil stocks overshadow overall bearish oil inventory report from the US Department of Energy.
DOE/API at a glance
Total Lubmarine extends global lubricants network Total Lubmarine welcomes tenth partner to its global supply network.
Latest ARA double-hull ready for launch FTS-Hofftrans and All Round Fuel Trading Chemoil BV to launch 4,200 mt bunker barge Thursday.
BP Marine to re-launch bunker operations in Cyprus BP Marine has announced that it will re-enter the Cyprus bunker market in the New Year, offering marine fuels in the ports of Limassol and Larnaca after an absence of almost two years.
ARA barge offers holding firm versus bids
Greenpeace calls for single-hull database Environmental group Greenpeace is calling on European regulators to create a database of all single hulled vessels linked to the EU which will fall within the phase-out regulations for single-hulled tankers.
Little or no fuel oil avails for next two weeks in Shanghai
Faulty bunkering practices sparked fatal Hong Kong fire An investigation into a fatal fire which occured during bunkering operations in Hong Kong this summer has revealed that the fire was caused by faulty bunkering practices.
Global bunker prices firm further as oil weakens As Rotterdam bunker prices firm 15% in two days and rise in other major ports, crude oil levels in London and New York slip further.
Lord Levene takes second term as Lloyd's chairman LLOYD'S of London has confirmed that Lord Levene, pictured, will undertake a second term in the top job. The former defence procurement chief first took on the role for a minimum term of three years in November 2002.
Frontline approach may herald General Maritime takeover A $2bn takeover, the largest ever in the shipping industry, could be in prospect following the disclosure that Frontline has approached rival tanker operator General Maritime about a business combination.
Curved iron pipe responsible for damage to Athos I hull CURVED iron pipe on the bed of the Delaware River has been identified as the object that tore through the hull of Tsakos' Athos I as the tanker prepared to dock at the Citgo terminal on November 26, writes Rajesh Joshi in New York.
ChevronTexaco strikes lucky with Scottish field US OIL major ChevronTexaco has struck a large oil field off northwest Scotland with an exploration well drilled this summer on the Rosebank/Lochnagar prospect, writes Martyn Wingrove.
IAPH, LR-Fairplay join on journal PORTS & Harbors, the official journal of the International Association of Ports and Harbors (IAPH), will be re-launched in March 2005
Volgotanker stake for sale THE Russian government has confirmed that it will auction its 20% stake in Volgotanker, the country's leading tanker company, after delaying for almost three years
FMC slates meeting on NVO contracts Federal Maritime Commission schedules public meeting to discuss proposed rules that would allow non-vessel-operating common carriers to enter confidential "service arrangements" with shippers.
Despite opposition, EU pushing port reform European Union urging members to support plans to deregulate port services despite renewed strike threats by dockworkers.
Dubai Ports International bid for CSXWT poised to trump all others CSX Corporation and Dubai Ports International (DPI) are on the verge of confirming their sale-agreement for CSX World Terminals (CSXWT), say well-informed sources close to CSX's Hong Kong office.
'Off-market' fixings won't take pressure off market, say brokers
Sinotrans fixes capacity problem
Indian Railways plan flexi-freight rates to boost traffic
Containers to pay their way as Panama Canal proposes charge per TEU
US sports shippers sign logistics consolidation contracts in Asia
Development in inland China will fuel railway demand
Security a major issue for reefer operators in China
Camillo Eitzen failed in bid for Sigloo Gas KS Camillo Eitzen only won acceptance from 5.5 per cent of the owners of Sigloo Gas KS in a bid to ...
Kvaerner Philadelphia RICO charges Kvaerner Philadelphia denies charges under the US Racketeer Influences and Corrupt Organisations (RICO) statute launched this week by a dismissed ...
Unitor buys 95 per cent of TeamTec Unitor has bought 95 per cent of the incinerator and fire-rated windows developer and producer TeamTec in Tvedestrand, Southern ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
