Asian seafarers wage proposal stirs controversy A controversial proposal for a new Asian wage standard for Asian seafarers manning more than 40 per cent of the global merchant fleet has stirred up the complex and frequently caustic environment surrounding seagoing wages.
MOL to expand product tanker fleet JAPANESE shipowner Mitsui OSK Lines says it plans an aggressive expansion of its product tanker fleet, including introduction of the newest MR-type vessels.
Three scenarios for Johor Port-MMC deal SPECULATION that Johor Port Bhd may be either privatised or acquired by MMC Corp Bhd has resurfaced on Bursa Malaysia Bhd, prompting analysts like OSK Research to theorise that it makes sense now, reported the Malaysian Business Times.
Storm brews over threat of hurricane rate hikes EUROPEAN insurance buyers are ready to revolt against paying higher premiums to compensate underwriters for their huge losses arising from Hurricanes Katrina and Rita.
Bergesen gas giant's float moves nearer Gas shipping giant Bergesen Worldwide Gas has moved closer to its eagerly awaited stock market flotation.
Sea Containers chiefs to thrash out Silja future SEA Containers boss James Sherwood and boardroom lieutenants yesterday gathered for a meeting expected to decide on the fate of lossmaking Baltic ferry subsidiary Silja Lines.
Turkey set to lift Cyprus ban THE end of the Turkish ban on Cypriot maritime interests moved a step closer last night when European Union member states came to an agreement to begin negotiating Turkey's membership, writes Justin Stares in Brussels.
Israel to probe Zim Asia collision AN OFFICIAL from Israel's transport ministry is due to arrive in Hong Kong on Thursday to investigate last week's alleged collision between the 3,429 teu Zim Asiaand a Japanese fishing boat that killed seven fishermen.
More talks over 'critical' SNCM THE French government is warning that the financial position at ferry operator SNCM is "critical" and says the extraordinary board meeting scheduled for 10 October could be told of the company's bankruptcy
Irish Ferries dispute goes to court THE Irish Ferries dispute over the replacement of existing crew by agency seafarers has moved to the Irish Labour Court today
Spanish yards up for sale BIDS for Spain's public shipyards will be accepted between today and 17 October, said a spokesman from SEPI, the state industrial holdings company
GAC network expands to UK GAC agency network has expanded to the UK through an alliance agreement with Stockton-on-Tees-based OBC Shipping
Boxship rates, periods sliding BOXSHIP charter rates, and also periods, appear to be continuing their decline following the turning of the market earlier in the year
Zim admits boxship collision A delegation from Zim went to the Japanese embassy in Tel Aviv today to apologise for an incident in which one of its vessels collided with and sank a fishing vessel
Customs continues hurricane recovery All ports of entry except Port Arthur are fully operational; damage shown Sept. 24 at Sabine, Texas (l), following Hurricane Rita.
Asia-SAWC rates go down under capacity flood Freight-rates between Asia and South America's west coast are being slashed following huge capacity-increases on the trade, according to two South America-based market players.
Watchdog warns Corps of Engineers to cut down on ebb and flow of funds
Chinese processed fabrics flood Indian market, for re-export
Delphis takes over Nord Container Service feedering
Drumroll of unease for ports, under trumpet-call of 13,000TEU ship design
Russian Railways prepared for 'radical modernisation'
Joint operation of Fjord Line and Smyril Line Bergen-based Fjord Line and the Faroe Isle company Smyril Line, which will soon take control of Fjord Line, has ...
DFDS closes down on Cuxhaven'Harwich run DFDS Seaways has decided to close down the passenger service between Cuxhaven and Harwich. The decision comes after several years ...
New ro/pax route Drammen to Swinoujscie A new ro/pax route will begin sailings from Drammen in Norway to Swinoujscie in Poland under the name ScandLink ...
Crude softens, US distillates 'sky high' As the crude market relaxes, US fuel oil prices follow but distillates find new highs.
Algeciras: Bunker spill prompts anger Spill of thousands of litres of oil sparking angry response from environmental groups.
Egypt: EGPC issues gas oil import tender Egyptian General Petroleum Corp. seeking four 35,000 mt gas oil cargoes.
Castrol Marine: Significant marine lube price hike imminent Marine lubricant supplier warns prices to increase by around 20% by early next year.
Prompt remains tight in ARA market
US bunker player awarded 5-year DESC contract US bunkering company awarded one of the latest US Department of Defense contracts.
Chinese refinery trims October fuel output PetroChina is undergoing maintenance on its plants that will result in marginally reduced fuel output from China in October.
Japan: August bunker sales up 29.2% on year August bunker fuel sales and production up both month-on-month and year-on-year.
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