Shipowners want better info on regional piracy ASIAN shipowners have called for transparent and updated information on pirate attacks in the region as they voiced their support for the latest anti-piracy effort which saw the launch of the Information Sharing Centre on Wednesday.
Asian logistics players network for solutions LOGISTICS and supply-chain managers are facing a tough challenge with the rise of outsourcing to Asia, especially in the high tech sector, but it is Asian businesses which are coming up with the solutions, panel members at a Supply Chain Asia Forum said recently.
16 shipping lines raise cargo rates AP Moeller Maersk A/S, Mediterranean Shipping Co and 14 other shipping lines plan to raise their rates for moving cargo to Europe from Asia as global demand expands.
Admiralty Casebook
Report calls for proper pilotage training PILOTAGE practices in relatively remote ports in South Australia came under the spotlight in a recent report following an investigation into the grounding of a vessel from which the pilot had disembarked before he effectively completed the pilotage.
Shipowners want better info on regional piracy ASIAN shipowners have called for transparent and updated information on pirate attacks in the region as they voiced their support for the latest anti-piracy effort which saw the launch of the Information Sharing Centre on Wednesday.
Asian logistics players network for solutions LOGISTICS and supply-chain managers are facing a tough challenge with the rise of outsourcing to Asia, especially in the high tech sector, but it is Asian businesses which are coming up with the solutions, panel members at a Supply Chain Asia Forum said recently.
16 shipping lines raise cargo rates AP Moeller Maersk A/S, Mediterranean Shipping Co and 14 other shipping lines plan to raise their rates for moving cargo to Europe from Asia as global demand expands.
Admiralty Casebook
Report calls for proper pilotage training PILOTAGE practices in relatively remote ports in South Australia came under the spotlight in a recent report following an investigation into the grounding of a vessel from which the pilot had disembarked before he effectively completed the pilotage.
Navios taps US bond market for $300m Navios Maritime Holdings, the Angeliki Frangou-led dry bulk shipping and logistics company, has revealed plans to raise $300m from a bond issue in the US.
BV accused of 'serious breach' of industry ethics by Germanischer Lloyd GERMAN classification society Germanischer Lloyd has accused its French rival Bureau Veritas of a "serious breach" of industry ethics over its hostile takeover bid, writes Julian Bray.
Heerema's $1bn crane vessel will the surpass world's largest Heerema Marine Contractors has announced a staggering investment of $1bn for the construction of a new crane vessel, one of the largest investments ever in a single ship, writes Helen Hill.
Britain leads crew fatigue fight ONE in four seafarers admits having fallen asleep on watch, according to a British academic study that has been six years in the making.
ITF, Norfolkline in back-pay talks TALKS are underway between the Irish ITF inspector, operator Norfolkline and ADG Ship Management over a $200,000 claim for back-pay
Spain probes ferry collision SPAIN'S merchant marine authority, La Marina Mercante, has launched an enquiry into a collision between two ferries in which five passengers were injured
Madrid under pressure over Prestige THE Spanish government is under renewed pressure to launch an inspection of the wreck of the tanker Prestige, which has been leaking fuel oil since July
Western India draws foreign interest Western India Shipyard, which was put up for sale by institutional lenders, has attracted more than 20 prospective buyers, including at least 10 foreign shipyards
Study makes fatigue recommendations EXCESSIVE working hours continues to be a problem for the shipping industry, a major research study has concluded, but there is no simple solution
Maersk expects $600 million loss Parent of world's largest container shipping line expects profits to tumble in 2006 due to falling freight rates and rising fuel bills.
Cargo diverted from Greece as dockers fight privatisation plans Plans to offer 30-year concessions at Greek ports have been met with opposition from dockers who have introduced a three-week overtime ban, reports Reuters.
South Korean truckers threaten strike over wage demands South Korea's trucker union is threatening a strike tomorrow for higher wages.
DPW pulls out of Gwadar Port development project
IBM foresees more M&A in container shipping
APMM reducing box business losses, though conditions remain negative
Low rates in China-Japan trades no barrier as TS Line launches services in bid to cut box costs
OOCL expects reefer rates to stabilise
Chittagong terminal resumes operations after 17-day stalemate
Canadian West Coast ports move closer to merger
Hamburg raises harbour dues 2%
Box toll will pay for Portonave road link
New "panamax" ships could be 14,000 teu
Classification society: bad weather the best trial for twistlocks
Top stops the bleeding Shares of Evangelos Pistiolis-led company manage modest recovery as optimists, bargain hunters emerge day after 14% meltdown.
OSM wins Nordcapital business Norwegian shipmanager sets up join venture with German owner to manage its supply ships, with tankers and gas carriers to come.
B+H reaps $25m Mike Hudner's public company completes Europe-centered private placement for unsecured bond loan expected to fuel tanker buys.
Vultures eye Top Yesterday's shock announcement by the US-listed tanker owner brings out the personal injury lawyers.
Nepline in the red Malaysian tanker owner Nepline's losses widen in first nine months on lower revenues.
Skuld jilted again Swedish Club abandons Norwegian P&I partner at the altar for the third time.
Bonds back in fashion Angeliki Frangou's Navios Maritime is the latest to tap capital markets for debt not equity.
Maersk heads for huge loss Danish giant says lower rates could result in $600m deficit for containership operations this year.
Minoan misses sale cash Lack of disposal income main difference in third quarter but vessel sale to Moby set to boost full-year result.
HUBLine hurting Malaysian boxship operation watches profit and revenue slip in year to 30 September.
MOL offers relief Japanese shipowner puts hand in pocket for UN refugees body ' and carries boxes of supplies for free.
Stora Enso sells out Paper producer offloads crucial 5% stake in Finnish ro-ro owner Finnlines, but not to hostile bidder Grimaldi.
Sado happier Return to profit in third quarter at Japanese ferry owner Sado Steam Ship but full-year picture looks bleak.
Profits up at BC ferries Canadian ferry operator enjoys 12.5% increase in second quarter net income compared to 2005.
CMA CGM adds tonnage French liner company is adding a seventh ship to its Panama Direct service to and from Europe.
Maersk cuts capacity Container giant to cancel two transpacific loops in a move that will reduce capacity by 10%.
No merger between Swedish Club and Skuld P&I clubs The Swedish Club and Norwegian Skuld will not merge. "A proposed integration of The Swedish Club and ...
Mærsk sells more container ships A.P. Møller-Mærsk has sold another three container carriers in order to transfer their Danish crew to new ships under ...
US bunker prices surge Bullish energy markets driving numbers higher.
Japan's bunker sales drop almost 27% year-on-year Japanese bunker sales have fallen below last year's totals for the third month running.
Suez Canal Authority wants more tanker traffic Egypt is to spend over $5 billion to widen and deepen the waterway.
16 liners to raise Europe-Asia rates, BAFs fall Liners representing 60% of trade on the route announce increase in container rates, but drop in Bunker Adjustment Factor on European routes.
Maersk's container business facing $600 million loss Shipping group's bunker costs up 35% per metric tonne, compared with last year.
ARA market firm after crude gains
IMO chief will not pre-empt decisions in IFO/distillate debate UN body not supporting any particular proposal at this stage.
Singapore: Stocks of residual fuels down, middle distillates up Middle distillate stocks at a five-week high.
Chemoil outlines storage capacity plans in Singapore, Fujairah Options include leasing from Helios Terminal and deploying floating storages for the short-term.
US crude at $60 is a fair price, OPEC says Some OPEC members have raised the possibility of an output cut in December.
Singapore spot demand stays flat Daily spot enquiry volumes below average in quiet market.
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