French asbestos warship clears Suez hurdle EGYPT yesterday approved the transit through the Suez Canal of a decommissioned French warship heading for an Indian scrapyard that had been stranded for three days over fears it was an environmental hazard.
Kuehne & Nagel to beat forecasts after ACR buy KUEHNE & Nagel International, the world's largest sea-freight forwarder, expects to surpass its 2006 targets of 12 per cent sales and profit growth after the 440 million euro acquisition of ACR Logistics boosts revenue, chief financial officer Gerard van Kesteren said in an interview.
Turkey's Dardanelles strait shut after ship runs aground A ship owned by the Angelicoussis Group, Greece's biggest shipping company, ran aground in Turkey's Dardanelles strait on Friday, partially closing the waterway.
Caribbean tanker rates may fall as ships arrive from Europe
London Tube faces strike threat from train drivers
Look to medium term for positive prospects says SMF WITH FREIGHT rates softening the Singapore Maritime Foundation is urging shipowners not cutback on areas such as training as long term prospects remain healthy.
TEN ploughs $280m into fleet expansion programme TSAKOS Energy Navigation has announced a $280m expansion programme embracing five tankers, ranging from from handymax product tankers to a very large crude carriers and comprising three newbuildings and two second-hand ships.
Support for ports directive slipping as Bill faces outright rejection INDUSTRY is predicting a second defeat for the European Union port services directive on Wednesday.
'More harm than good' claim THE draft directive on port services could end up doing more harm than good in its present form, European port industry association Espo has warned, writes Justin Stares .
Barrow named as Maritime London head A NEW chief executive has been appointed for the promotional body Maritime London to replace Tony Funnell, who has retired, writes Michael Grey.
Iraq calls for end to war risk weighting at Umm Qasr THE Iraqi Port Authority has called for the scrapping of war risk weighting for vessels calling at its busiest port, Umm Qasr.
Eleventh-hour plea on EU Directive EUROPEAN port operators have issued an eleventh-hour plea for European transport commissioner Jacques Barrot to withdraw the proposed Port Services Directive
Shell force majeure in Nigeria SHELL has declared force majeure, warning of delays in oil exports from Nigeria, after the kidnapping of four expatriate oil workers and a pipeline explosion
'No future for' Caribbean bananas COMPETITION from Latin American producers and European subsidies will soon force Caribbean countries to abandon banana and sugar production, it was claimed this week
Grindrod in perishable cargo alliance GRINDROD, Southern Africa's leading freight forwarder of perishable cargo, has teamed up with reefer alliance NYKLauritzenCool to develop shipments to major markets
Combatants silent as P&O Ports battle rages Subterfuge is apparently tarnishing the battle for the hearts and minds of P&O investors, as reports that PSA Corp intends to break the company up surfaced in Hong Kong today.
Hamburg ends HHLA/DB negotiations The Hamburg Senate has just aborted its HHLA takeover talks with Deutsche Bahn, with Hamburg mayor Ole von Beust and finance senator Wolfgang Peiner citing DB's headquarters as the stumbling-block.
PIL MD urges industry to look beyond softer short-term prospects
COSCON to adjust China-Australia service
PSA's Singapore weight shifts, after 8.1% growth, versus 51.32% overseas
Wan Hai deploys Jurong newbuilding on Middle East trades
Temas to add two vessels for Jakarta-Port Klang
March against Ports Package II sees more allies falling into step
JNPT third box terminal to be partially operational in April
No strike on Swedish vessels Just a few hours before deadline the Swedish Merchant Marine Officer's Association, the Swedish Ship Officers' Association and the Swedish ...
Several potential buyers orbiting Scandlines Since the for-sale sign was officially hung on Scandlines' doors, no obvious buyer for the Danish/German ferry operator ...
"Clemenceau" stopped by Egypt The French aircraft carrier "Clemenceau" has been denied to enter Egyptian waters on its way the scrapping beaches in Alang ...
Weather hampers Portland resupply Rough weather on Columbia River Bar frustrating resupply schedules and keeping avails tight, prices firm.
US market steady ahead of long weekend Bunker prices staying stable despite crude creeping up, higher demand expected next week.
Major Singapore refinery shutdown scheduled for March Regional fuel supply could be affected as major plans shutdown of more than 20% of Singapore's total refining capacity.
Lubmarine partners Australian marine fuel supplier Marine lube supplier has entered into an exclusive partnership agreement with Australian marine fuel supplier.
APL Panama still stuck despite lighter fuel load Concern for fuel leak increases as salvage efforts face uphill struggle.
Rotterdam holds firm at midday
Lower water limit stops uptake of new ISO 8217 standard Most Singapore bunker suppliers are still basing contracts on ISO 8217:1996, and tell Bunkerworld that the MPA sees it as commercial issue.
STS transfer proposal underway for Falmouth Falmouth Harbour Commissioners have pushed forward a proposal to carry out STS crude oil transfers in Falmouth Bay.
China 2005 crude output up, product pricing policy may change China's crude output increased in 2005 while import growth slowed. Industry experts foresee a revamp of domestic product price mechanism.
Export duties hit Russian 2005 oil exports 2005 figures reveal impact of rising export duties, but reduction in crude and oil product levies is imminent.
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