First Ship Lease moving ops from New York to S'pore CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover
Admiralty Casebook
Radio call could have awakened skipper: ATSB A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.
Port Shots
Port Shots THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.
First Ship Lease moving ops from New York to S'pore CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover
Admiralty Casebook
Radio call could have awakened skipper: ATSB A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.
Port Shots
Port Shots THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.
First Ship Lease moving ops from New York to S'pore CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover
Admiralty Casebook
Radio call could have awakened skipper: ATSB A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.
Port Shots
Port Shots THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.
NYK fails in Ceres Paragon bid THE Japanese liner giant has lost its bid to buy the outstanding shares of the Ceres Paragon Terminal in Amsterdam.
Mersey Docks falls to £771m Peel cash offer MERSEY Docks and Harbour Co is to be sold to Peel Ports for £771m ($1.4bn), the two companies agreed yesterday.
PSA eyes link with Hutchison SINGAPORE company PSA International will buy a 20% stake in Hutchison Port Holding's flagship facility, Hongkong International Terminals, for $800m, according to a local news report, writes Sam Chambers in Hong Kong.
Dubai Ports on cusp of Aden coup DUBAI PORTS looks set to take over management of Aden Container Terminal and other activities at the port of Aden, after Yemen named the company as its preferred bidder late Wednesday.
NYK loses Ceres port court case A COURT case brought against CNK Trust, the joint shareholder of Ceres Con- tainer Terminals Europe, has been dismissed on all counts, writes Helen Hill in Amsterdam.
Maersk master praised by UN for refugee rescue THE rescue of 27 men and boys adrift in a small boat off the coast of Sicily by a Maersk Sealand containership has been praised by the UN High Commission for Refugees after several British tabloids had attacked the master of the Clementine Maersk for sailing on to the UK instead of going to a nearer port.
EC calls for end to bickering THE European Commission has hit back at industry criticism over its regulatory policies and called for an end to the political bickering witnessed over recent months
Casino cruise gamble fails ST TROPEZ Casino Cruises has been declared bankrupt and repatriation of the 170 crew from its vessel is the top priority for bankruptcy trustee Ken Welt
Norway 'has neglected shipping' THE Norwegian government has been neglecting its shipping industry, Viggo Bondi, head of the Law Division at the Norwegian Shipowners' Association, told Fairplay
Ecodock finally gets funding THE world's first environmentally friendly demolition yard has finally received the go-ahead after funding for the Eemshaven, Netherlands, yard was approved
Baltic Sea direct calls soon DEEP sea container services into the Baltic Sea will happen within a year or two, Friedrich Messerschmidt, managing director of K Line Germany, predicted today
PSA buys second HK stake: Report Hutchison Whampoa will sell stake in Hongkong International Terminals (left) to Singapore's PSA, according to newspaper report.
First blood to Kritikos in Ceres Paragon court battle Amsterdam's District Court ruled today that CNK Trust did not have to sell its 50% share in Ceres Container Terminal Europe (CCTE), the parent of Ceres Paragon Terminal (CPT).
DPI wins Aden Terminal contract Executive sources in the Middle East are awaiting confirmation that MSC will commit to cargo to Dubai Ports International (DPI)'s latest acquisition in Aden.
Bolloré puts US$600m price tag on Delmas and OTAL
Hutchison sells Kwai Chung share to arch rival
Jacques Barrot calls for road-rail 're-equilibrium', following Frejus fire
'Very busy' season predicted for USWC, as TNWA reinstate peak-season services
Southampton booking system goes live, with slots to spare
Melbourne seeks permit for trial dredging
Russian Railways: freight freedom from cross-subsidy in 2007?
DNV and RS to cooperate Classification societies Det Norske Veritas (DNV) and the Russian Register of Shipping (RS) has signed a dual-class agreement to ...
Wallenius to lengthen a further six car carriers Wallenius Lines is considering lengthening a further six car carriers by 28.8 metres each to increase their capacty by 1,200 ...
Deal to attract Russian officers to Norwegian vessels The Norwegian Shipowners' Association (NSA) and the Makarov University in St. Petersburg are close to a deal to secure more ...
Limited demand prompts softening in Pacific Northwest With good avails, limited demand, and uncertainty over crude prices, suppliers were competing to move product.
Bunker supplies replenished as strike is averted Proposed 10-day strike at key feeder refineries to the Greek bunker market averted.
Shipowners face extra costs in the US from MARPOL ripple effect Bunker suppliers in the United States are meeting shipowners' MARPOL Annex VI requirements for documentation and sampling, but advise of extra cost for onboard inspectors and are concerned about safety.
Crude oil rebounds on fresh supply worries Crude oil prices rebounded today after three straight days of losses as attention once again switched to the ability of producers to meet the demands of refiners.
Salvage crew to attempt refloat with bunkers still onboard The South African Maritime Safety Authority (SAMSA) has said that an attempt will be made to refloat the grounded bulk carrier Kiperousa without removing the fuel on board the ship.
Rotterdam market stable ahead of Midday
Aegean expands further with new US office Rapidly expanding Aegean Marine Petroleum SA boosts global presence with new office in the US.
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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