Dubai Ports Int'l inks US$500m India deal DUBAI Ports International has finally sealed the deal with India's Kochi Port Trust to construct, develop and operate the US$500 million container transhipment terminal at Vallarpadam after being awarded the tender nearly a year ago.
New York cruise terminals to get a makeover THE cruise business is growing in some of the big cities, and New York is one of them.
Hong Kong's Jan container traffic rises 7.8% HUTCHISON Whampoa Ltd, Cosco Pacific Ltd and other operators of Hong Kong's port handled 7.8 per cent more containers in January as shipments of Chinese-made goods to US, Europe and Japan increased.
Crude edges down on bearish US oil data Crude prices edge lower on the back of unexpectedly large builds in US stocks of crude and gasoline after earlier rally on Iranian explosion.
Sinopec: 'We're not in talks over Shanghai fuel oil terminal' Chinese oil giant denies it will enter into a joint venture with Titan Petrochemicals Corp. for construction of a fuel oil storage facility near Shanghai, China.
DOE & API: Latest US oil inventory figures
Protestors disrupt IPE trading as Kyoto comes into force Oil futures trading on the floor of the IPE in London was disrupted today by environmental protestors who chose to remind the oil industry of the harmful effects of burning hydrocarbons on the day the Kyoto Protocol comes into force.
Petrojam/FAMM alliance severed prior to Aegean's arrival Petrojam group's decision to sell fuel oil to Aegean Marine Petroleum for bunker fuel delivery 'off port' Jamaica described by local supplier and refiner a part of core strategy.
Saudi posted prices move up
US DESC extends several contracts in Belgium
Surveyor has licence reinstated after acquittal The Maritime and Port Authority of Singapore (MPA) has confirmed that Vigneson Subramaniam has had his bunker surveyor's licence renewed after he was acquitted of all corruption charges leveled against him by the CPIB.
Titan to pay first dividend since listing after profits surge Oil services company is to pay its first dividend since listing in 1998, on robust oil demand growth and favourable tanker rates.
US DESC extends Bulgarian bunker purchasing program US Defense bunker procurement arm extends its purchase contract in Bulgaria.
Dibden Bay costs hit ABP profits LEADING UK port operator posts 3% growth in operating profit, but writes off '44.9m in costs for the failed Dibden Bay container terminal.
Brussels takes stride towards launch of Euro-coastguard A EUROPEAN Union coastguard is closer to being launched following yesterday's closed-door negotiations in Brussels.
Workers can claim for asbestos anxiety says judge HUNDREDS of former engineering officers and shipyard workers will now be able to get compensation from insurers because of the anxiety resulting from asbestos-related lung damage, following a landmark court ruling this week.
P&I clubs to unite against poor quality SHIPOWNER protection and indemnity mutuals are ready to play an enhanced role in warding off substandard shipping, Alistair Groom, chairman of the International Group of P&I Clubs, has confirmed.
Yemen to realise LNG global supplier status at last YEMEN's long-held dream of becoming a supplier of liquefied natural gas looked set to become a reality yesterday after the signing of long-term deals for the export of more than 6m tonnes a year.
Qatar fires off tender for 12 gas carriers QATAR's eagerly awaited tender for 12 liquefied natural gas carriers has been triggered, in what could become the largest shipbuilding order ever placed, writes Tony Gray.
Passengers to sue after storm PASSENGERS from the Voyager cruise ship have threatened to take legal action against the vessel's captain for steering the ship into a heavy storm
Twelve injured in HK collision AT least 12 people were injured when a cargo ship and a high-speed passenger ferry collided in Hong Kong waters this morning with a Chinese registered cargo ship
SembCorp Marine chairman Wong dead CHAIRMAN of Singapore listed SembCorp Marine, Wong Kok Siew, 58, passed away yesterday
MSC Al Amine aground off Tunisia MSC AL Amine, an 11,450dwt general cargo ship owned and operated by Mediterranean Shipping Co (MSC), hit rocks off Tunisia last night, spilling a quantity of bunker fuel
Port congestion critical, says BMT GLOBAL port congestion is resulting in demurrage costs running into hundreds of millions of dollars a day, according to British Maritime Technology's Russell Smith
Bullish ABP posts positive results THE UK's largest port operator, Associated British Ports (ABP), today announced that it made a pre-tax profit of £83M ($156M) in 2004
Charter market highs hit operations Charter-activity is reviving after Chinese New Year, and the average cost of chartering containerships has increased by 1.2% in the last week alone, but the pressure is telling on operators.
ABP sees core UK business rise 3%, and looks forward to new project boosts
New service links up GSL, Hamburg Sud and Chinese twins
Wacker-Chemie accepts dedicated rail-shuttle offer to leave private rail
Anti-terrorism tsar Chertoff sworn in
Trans-Siberian route breaks Soviet container record
Gujarat ports boost Concor throughput
China Merchants facilities outpace Shenzhen and Shanghai averages
Continued growth for Shanghai trade volume
DPI marches into Vallarpadam
CSAV Group boosts India strategy with own agency operations
Sweden and Finland presents super ice-breaker The Winter Navigation Research Board has published a report containing a concept study of a new mega ice-breaker capable ...
Bryggen Shipping continues expansion Bryggen Shipping & Trading in Bergen has bought another two tankers. The first, a chemical/product tanker of 13,000 DWT, built ...
Norway sells 100 million Statoil shares The Norwegian Government has decided to sell 100 million shares in Statoil worth around NOK 10.7 billion (EUR 1.27 billion ...
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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