Import trade from Asia overwhelms US ports EVERY major container seaport in North America handled more import cargo in 2005 than ever before as trade with Asia continued to swell and importers looked for alternatives to Southern California's crowded docks.
Rescue crews refloat grounded Alaska tanker RESCUE crews refloated a tanker carrying nearly 19 million litres of oil and gasoline on Friday, one day after the vessel ran aground in Alaska's Cook Inlet and caused a small spill, state and Coast Guard officials said.
Big Indian unions planning to stop entry of toxic ship THREE large trade unions in India said last week they would take action to stop a decommissioned French warship from entering an Indian shipbreaking yard, unless it is cleared of toxic waste on board.
Flood on car deck sank Egyptian ferry: officer
UK govt approves Hutchison port plan at Felixstowe
India's Great Eastern Shipping 3rd qtr profit down 36%
Anger at port as ferry death toll rises AROUND 400 people had been saved from sunken Red Sea ferry Al Salam Boccaccio 98 as of Sunday lunchtime, according to reports from news agencies and other sources.
Shipping world united in grief over Red Sea tragedy INTERNATIONAL Maritime Organization secretary general Efthimios Mitropoulos has led global expressions of shock and grief at the sinking of the Egyptian passenger ro-ro ferry Al Salam Boccaccio 98.
IMO lends support to nations affected by Al Salam Boccaccio 98 loss International Maritime Organization Secretary-General, Efthimios Mitropoulos (left), has spoken of his shock at the loss of Al Salam Boccaccio 98.
Bittersweet success for Salvage pensioners A LONG struggle to redeem decent pension payments from the remains of the old Salvage Association appears to be nearing an end, with modest success, but a continuing legacy of bitterness, writes James Brewer.
Rolls-Royce pod appeal rejected A US Court has thrown out an appeal from Rolls-Royce Marine that sought Royal Caribbean Cruise Lines' $300m claim over faulty podded propulsors to be heard at Federal level.
Seabulk Pride re-floated THE JONES Act tanker Seabulk Pride is undergoing inspection in Homer, Alaska after being successfully re-floated on Friday afternoon
CCNI doubles profit COMPANIA Chilena de Navegacion Interoceanica (CCNI) has reported a 106% increase in its net earnings, reaching $35.4M at the end of 2005
Analyst warns on dividends SHIPPING stocks appealing to investors with high-dividend strategies represent a significantly increased investment risk as the cycle heads downs, an analyst warns
Wage disparity grows for dock unions Trade volumes, contract strategy give West Coast dockworkers a big pay advantage over East and Gulf coast longshoremen.
Customs blocking transshipped textiles
NJ trucking association wins battle over rights to name
BALtrans sees more M&A deals to come Hong Kong-listed forwarder BALtrans said it is eyeing more M&A deals in Asia, but would not confirm the suspension of share dealing followed its acquisition of a European logistics company.
Rio Grande shippers turn to Imbituba for salvation
TEN and Eastwind deny sale Tsakos Energy Navigation and Eastwind both firmly deny that the former is selling three panamax tankers to the latter.
IPO venture on course US Shipping Partners delivers on promised products profit package.
Indonesian ferry death toll rises At least 30 bodies have been recovered from the sea off Timor following a ferry sinking on Tuesday.
Managers doubt spill claim Estonia is investigating 65 ships after an Estonian oil spill but shipmanagers doubt that a Top Tankers suezmax is the culprit.
New yard for Turkey? Newcomer Hay Shipyards invests $350m in facility that could produce 12 ships a year by 2010.
Nel debt deal Greek ferry owner in bank syndicate settlement to repay $117m.
No quick-fix for Odfjell Norwegian chemical tanker player boosts 2005 profit despite still making payments to customers hit by price-fixing scandal, with more to come.
Egyptian ferry sinks Huge loss of life feared as lifeboats and bodies spotted after authorities lose contact with El Salam Shipping vessel in Red Sea.
Sohmen-Pao joins MPA board Singapore's Maritime and Port Authority has named Andreas Sohmen-Pao as one of its new directors.
Counting Norwegian cash George Procopiou should be grinning after another single-hull sale and charterback.
Wartsila goes electric Aker Kvaerner sells AKPAS marine propulsion and automation company for $16.5m.
Repairs put hole in Fesco's profit Russian boxship owner blames cost of work on ships for slump in 2005 earnings.
Sharma heads for pastures new Indian owner Great Eastern's shipping supremo hands over reins to deputy Tapas Icot.
MES thankful for share sale Disposal of equity lifts Japanese shipbuilder's nine-month result out of the red.
ASL to raise fresh funds Singapore shipbuilder and shipowner to issue 30m new shares to fund yard and fleet expansion.
100 passengers saved from sunken ferry Egyptian authorities reported this afternoon, that about 100 survivors from the sunken ro-ro/passenger ferry "Al Salam Boccaccio 98 ...
Oil spill in Estonia has repercussions in Parliament At yesterday's cabinet meeting, Estonian Prime Minister Andrus Ansip said that the Cypriot Liberia-flagged crude oil tanker "Flawless" is ...
Record fine for oil spill A French court has fined the Ukrainian master of the container carrier "Maersk Barcelona" along with the owner of the ...
Low-sulphur fuel finds favour in US Gulf Narrow price difference making 1% fuel oil attractive for bunker suppliers this week.
West Coast Collaborative appoints new Chair EPA-led diesel emissions group change ahead of busy meeting schedule.
Tesoro tanker refloat successful in Alaska No oil leaking from vessel after successful refloating operation this morning.
New propeller system claims fuel savings Rolls-Royce Marine suggests new system could pay for itself within a year or two.
Shareholders greenlight lubes manufacturing merger Shareholders agree to merger between loss-making lube blending arm and parent company.
Estonia: Over-pumping may have caused fuel oil spill Estonian authorities are said to be investigating whether the tanker M/T Flawless was responsible for a significant spill of oil in the Baltic Sea.
Indian firm in probe for bunker scam Several persons from an Indian company arrested on suspicion of systematic short-supply.
Sunken tanker: Insurer mulls bunkers removal P&I club looking at the logistics of conducting an oil retrieval operation.
Rotterdam stable despite yesterday's crude plunge
Financial woe continues to strap Singapore supplier Singapore accredited bunker supplier is not expected to restart bunkering operations until end-February due to considerable financial strain.
Hong Kong tracks bunker fuel sulphur limit Market safely tracking sulphur limits on bunker fuels for environmentally-inclined liner companies.
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