Ship orders set to hit record US$60b mark SHIP orders in 2004 will reach a record US$60 billion for a second straight year, Nordea Bank AB said, after increased trade with China boosted demand for vessels and pushed freight rates to record highs.
NY port's volumes rise 10% in H1 LED by imports of furniture, the key East Coast US Port of New York and New Jersey has enjoyed a 10 per cent rise in volumes for the first half of this year over last, as Asian cargo volumes continue to surge.
P&O may cut up to 1,000 jobs in ferries revamp UP to 1,000 jobs could be lost this week when ports and shipping group P&O announces an overhaul of its loss-making ferries business, according to a report in The Guardian.
Cruise ship collides with tanker off Spain
Dockyard
Ship repair show to go around the world COLOR is greater than 100% or less than 0% FOR the past dozen years, ship repairers and their customers, ship owners, have converged on London's Olympia each November for the annual ShipRepair & Conversion conference and exhibition.
Ship orders set to hit record US$60b mark SHIP orders in 2004 will reach a record US$60 billion for a second straight year, Nordea Bank AB said, after increased trade with China boosted demand for vessels and pushed freight rates to record highs.
NY port's volumes rise 10% in H1 LED by imports of furniture, the key East Coast US Port of New York and New Jersey has enjoyed a 10 per cent rise in volumes for the first half of this year over last, as Asian cargo volumes continue to surge.
P&O may cut up to 1,000 jobs in ferries revamp UP to 1,000 jobs could be lost this week when ports and shipping group P&O announces an overhaul of its loss-making ferries business, according to a report in The Guardian.
Cruise ship collides with tanker off Spain
Dockyard
Ship repair show to go around the world COLOR is greater than 100% or less than 0% FOR the past dozen years, ship repairers and their customers, ship owners, have converged on London's Olympia each November for the annual ShipRepair & Conversion conference and exhibition.
New crude record close to $50 per barrel The market will be looking for evidence on Wednesday that a wave of delayed crude oil supplies are reaching US shores. Speculation of another draw may drive crude up to $50 per barrel.
Major 500 cst supplier set to boost sales next year Singapore's major supplier of 500 centistoke (cst) fuel oil to ships looks set to more than triple sales of the grade to one of its customers next year, continuing a trend for growing uptake of the high viscosity bunker fuel.
Reminder: Petrobras to suspend supply Brazilian supplier to suspend bunker deliveries between September 30 and October 4.
Gibraltar distillate stocks running thin ahead of resupply
MPA on the sidelines in supplier-surveyor dispute Singapore's Maritime and Port Authority (MPA) has said it will not intervene in an on-going dispute between some bunker suppliers in the port and DNV Petroleum Services (DNVPS).
Asia may not be ready for low-sulphur fuel oil demand Sources say Singapore refiners are not keen to change refining patterns to produce more low-sulphur fuel oil when emission control areas come into force next year.
Rotterdam prices surge with crude
Singapore: 2004 volumes could push 23 million tonnes Singapore bunker sales see another record month, with industry experts forecasting annual sales to jump two million metric tonnes this year.
Cruiseship Van Gogh collides with tanker THE cruiseship Van Goghhas collided with the laden double-hull tanker Spetses in the Bay of Gibraltar, in a potentially disastrous incident that luckily resulted in no injuries or pollution.
ILO 'superconvention' wrangles unresolved NEGOTIATORS at the 'superconvention' seafarer labour standards talks in Geneva have failed to reach agreement on several key points, forcing participants to fudge the long-awaited draft instrument.
10 years on, Estonia questions remain FIVE Swedish parliamentarians are calling for a fresh inquiry into the sinking of the ro-ro ferry Estonia, which capsized with the loss of 852 lives ten years ago today.
New clearing house for freight derivatives A NEW clearing house for freight derivatives is in the offing in the wake of the protracted bulk boom.
P&O employees wait anxiously EMPLOYEES of P&O's ferry division were waiting anxiously today for news of changes to the company's operating strategy that might see 1,000 redundancies of sea and shore staff and altered terms and conditions of employment
Nigerian smuggler ships relocated TWO oil bunkering tankers, African Pride and Jimoh, both of which had gone missing after being placed under arrest for smuggling oil in Nigeria, have now been found
Italian agent, broker join forces GENOA-based ship agency and broker groups Cambiaso Risso and Genoa Sea Brokers have completed a strategic alliance
Capt Mangouras appeals again PRESTIGE captain Apostolos Mangouras is again appealing to be allowed home after lawyers lodged a new legal request to let him return to Greece for a three-month period
Trans-Siberian Troika wins approval RUSSIAN Troika, the new joint venture for Trans-Siberian rail movement of containers, was approved last week by directors of the state-owned Russian Railways Corp
Dredging Corp to expand fleet DREDGING Corp of India has approved a ten-year plan, which includes expansion of the company's dredging fleet, at its annual general meeting
China Merchants Holdings International to enlarge China port businesses China Merchants Holdings International (CMHI) will get China Merchants Holdings Pacific's (CMHP) shares in China port investment by injecting into the latter its interest in five mainland toll roads.
Lys-Line secures another paper contract Lys-Line ' 66 per cent owned by DFDS ' has secured a contract to transport 50,000 tonnes of paper annually from ...
Further Camillio Eitzen/Lauritzen cooperation Once Camillo Eitzen's purchase of Gibson Gas Tankers ' with five vessel from 3,200 to 6,800 cu.m. capacity ' is completed next ...
Røkke looking for tax concessions for Ostsee German Chancellor Gerhard Schröder will meet Kjell Inge Røkke in Molde, Western Norway, tomorrow to discuss possible tax concessions to ...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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