PSA turns in record S$881m profit PORT operator PSA International turned in its best performance with a record S$881.3 million profit last year, aided by the continuing surge in export cargoes from China and other Asian countries.
S'pore port joins US effort to detect N-shipments THE Republic will be the first in South-east Asia to use specialised US-developed radiation detection technology at its ports to detect any hidden shipments of nuclear and other radioactive material.
Orient Overseas 2004 net income surges to record ORIENT Overseas Ltd, a shipping line controlled by the family of Hong Kong Chief Executive Tung Chee-hwa, said 2004 profit surged to a record as surging demand for Chinese-made goods boosted cargo volumes.
Admiralty Casebook
Staggering crew changes for safety THE grounding of a vessel in Sydney Harbour last year could have been caused by the effects of jet lag on the bridge navigation team, an investigation has revealed.
Port Shots
PORT SHOTS CHINA's Dalian Port Corp will build a crude oil terminal for supertankers of up to 500,000 tonnes to supplement another for 300,000 tonne ships that it had completed last year, its chairman said.
PSA turns in record S$881m profit PORT operator PSA International turned in its best performance with a record S$881.3 million profit last year, aided by the continuing surge in export cargoes from China and other Asian countries.
S'pore port joins US effort to detect N-shipments THE Republic will be the first in South-east Asia to use specialised US-developed radiation detection technology at its ports to detect any hidden shipments of nuclear and other radioactive material.
Orient Overseas 2004 net income surges to record ORIENT Overseas Ltd, a shipping line controlled by the family of Hong Kong Chief Executive Tung Chee-hwa, said 2004 profit surged to a record as surging demand for Chinese-made goods boosted cargo volumes.
Admiralty Casebook
Staggering crew changes for safety THE grounding of a vessel in Sydney Harbour last year could have been caused by the effects of jet lag on the bridge navigation team, an investigation has revealed.
Port Shots
PORT SHOTS CHINA's Dalian Port Corp will build a crude oil terminal for supertankers of up to 500,000 tonnes to supplement another for 300,000 tonne ships that it had completed last year, its chairman said.
PSA turns in record S$881m profit PORT operator PSA International turned in its best performance with a record S$881.3 million profit last year, aided by the continuing surge in export cargoes from China and other Asian countries.
S'pore port joins US effort to detect N-shipments THE Republic will be the first in South-east Asia to use specialised US-developed radiation detection technology at its ports to detect any hidden shipments of nuclear and other radioactive material.
Orient Overseas 2004 net income surges to record ORIENT Overseas Ltd, a shipping line controlled by the family of Hong Kong Chief Executive Tung Chee-hwa, said 2004 profit surged to a record as surging demand for Chinese-made goods boosted cargo volumes.
Admiralty Casebook
Staggering crew changes for safety THE grounding of a vessel in Sydney Harbour last year could have been caused by the effects of jet lag on the bridge navigation team, an investigation has revealed.
Port Shots
PORT SHOTS CHINA's Dalian Port Corp will build a crude oil terminal for supertankers of up to 500,000 tonnes to supplement another for 300,000 tonne ships that it had completed last year, its chairman said.
Bay Ferries handed task of ferry turnaround After previous operator went bust for unpaid bunker bills, new operator lined up by ferry owner.
Fujairah: EBFL starts ex-wharf cargo sales ENOC Bunkering (Fujairah) LLC, which has secured substantial land-based bunker storage in Fujairah, has begun to offer ex-wharf cargo lots to other players.
Switzerland: New Fleet Bunker Purchaser
UK: New bunkering company Darren and Samantha Middleton are heading up a new bunkering company called Compass Marine Fuels Ltd.
UK: Broker leaves
Rotterdam market still firm
Singapore: Build in residual fuels, draw for distillates
Crude oil prices retreating after bearish DOE report Crude oil prices were retreating in after hours trading today following bearish results from yesterday's Department of Energy report.
Trade groups join US government in spill lawsuit Intertanko and three other associations join the US government in lawsuit against controversial Massachusetts state-level oil spill law.
Crude stops just shy of record high NYMEX crude just 50 cents off the front month record high, before slipping back to $54.95.
Ship warns of 'white mountains' in South Atlantic SHIPPING in the South Atlantic is being warned of at least two massive icebergs that may not have appeared previously on weather routing services.
Bergesen and Exmar in $350m VLGC orders TWO leading European owners, Bergesen and Exmar, are set to order four very large liquefied petroleum gas carriers with South Korean yards in deals worth more than $350m.
Metrostar offloads VLCC pair to take sell-off tally to $750m with VLCC THEODORE Angelopoulos' Metrostar group has been confirmed to have sold another two of its VLCCs, raising to a neat $750m the proceeds from its large crude carrier sales in recent days.
Hual becomes history as H'egh opts for single ro-ro brand PRIVATELY owned Norwegian shipowner Leif Höegh has consigned its 35-year-old car carrier brand Hual to history in a corporate overhaul that merges its ro-ro shipping activities under one Höegh Autoliners banner.
Singapore to track dirty bombs SINGAPORE has signed an agreement with the US that allows the deployment of equipment to detect potential 'dirty bombs' being trafficked through its port.
PDVSA plans huge production hike VENEZUELA oil giant PDVSA plans to increase crude oil production to 5M bpd from its current output of 3.1M bdp over the next five years, according to Venezuelan foreign minister Ali Rodriguez
China Shipping to expand box fleet CHINA Shipping Container Line is planning to invest $759M in additional tonnage this year as net profit for 2004 soared to Yuan4Bn ($483M)
Orient Overseas net soars to $670M NET profit of Orient Overseas (International) Ltd, the parent of Orient Overseas Container Line (OOCL) for 2004 more than doubled to $670M for the year 2004 due to the positive effects of an "unprecedented" trading environment
Rochester pegs fast-ferry operator THE city of Rochester, New York state, has hired Canadian operator Bay Ferries to run the fast ferry Spirit of Ontario, with plans to re-start service to Toronto this summer
French action hits ferry services DEMONSTRATIONS throughout France in protest against the government's reform of the 35-hour week have hit some ferry services linking the country with the UK
UK presidency focuses on shore jobs UK shipping minister David Jameson stressed today that sea experience was essential to the shore-side maritime sector
Cosco expands at China box ports The Hong Kong unit of China's biggest container line is expanding aggressively at Tianjin (left), and other mainland box terminals.
Shenzhen carriers refuse to pay port security charges An executive from a European carrier in Southern China said that his company will not pay port security charges which became payable on March 1 at all Shenzhen terminals.
Pacific negotiations see rates stabilise One transpacific line has admitted that it is unlikely to get significant increases on the trade this year, though last year's record profits are likely to be maintained this year.
High demand to maintain rates, says OOIL
California ports discuss changes to demurrage system
Bangladesh garment exports plummet
Rickmers Genoa to be towed to Dalian, but service effects still unknown
VICS shareholders talking out 'amicable solution'
Hamburg Sud Monte-class heralds service shakeup
PSA International revenues increase 5.3%
Visakhapatnam box-growth prompts CFS projects
Cascading of ships increases direct calls
KMTC to launch Korea/Japan service
Korean stevedoring fees rise
Samskip profits rise over 90%, on the eve of shortsea merger
Enquiry finds cause of "Fjord Champion" fire It is almost certain that the fire onboard the 32,477 DWT product tanker "Fjord Champion" started in a changing room ...
Storm-felled forest seeking sea transportation must be registered on the Internet For a limited period it will be possible to charter vessels registered in countries outside the EES region to transport ...
"Color Fantasy" is a hit Color Line's cruise ferry "Color Fantasy", which began regular sailing from Oslo to Kiel in December last year, has been ...
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