Tanker orders triple as shipowners invest in vessels SHIPBUILDERS received more than three times as many orders for oil tankers in the first half as they did a year ago, as owners invested record profits in new vessels, according to Drewry Shipping Consultants Ltd.
Greeks spent US$6.7b on H1 new vessels GREEK shipowners more than doubled first-half spending on new vessels, shipbroker George Moundreas & Co said.
Keppel Batangas will aid effort to refloat barge KEPPEL Batangas Shipyard said it will support efforts to refloat the sunken barge Billy Star and dispose of its cargo of sulphuric acid.
Finnish nod for Tallink takeover of rival Silja Line
Indonesian freighter capsizes off Taiwan
Nod for referendum on widening panama canal
Port Shots
Port Shots SEVERAL people are believed to have been injured in a fire on an LPG tanker at Aqaba, Jordan.
Tanker orders triple as shipowners invest in vessels SHIPBUILDERS received more than three times as many orders for oil tankers in the first half as they did a year ago, as owners invested record profits in new vessels, according to Drewry Shipping Consultants Ltd.
Greeks spent US$6.7b on H1 new vessels GREEK shipowners more than doubled first-half spending on new vessels, shipbroker George Moundreas & Co said.
Keppel Batangas will aid effort to refloat barge KEPPEL Batangas Shipyard said it will support efforts to refloat the sunken barge Billy Star and dispose of its cargo of sulphuric acid.
Finnish nod for Tallink takeover of rival Silja Line
Indonesian freighter capsizes off Taiwan
Nod for referendum on widening panama canal
Port Shots
Port Shots SEVERAL people are believed to have been injured in a fire on an LPG tanker at Aqaba, Jordan.
Beirut port attacked by Israel BEIRUT'S port came under attack Saturday evening as Israel continued to pound Lebanon and target the country's transport infrastructure. Damage was said to be light.
Finns lower flag on state control rules THE Finnish EU presidency has abandoned the flag state control directive because it is too controversial in many national capitals.
Singapore corruption bureau sets up Consort Bunkers investigation CORRUPTION allegations could be rearing their ugly head again in the Singapore bunker industry with Consort Bunkers under investigation by the Corrupt Practices Investigation Bureau, writes Marcus Hand in Singapore.
Petrobras pledges $87bn to double oil exports by 2011 PETROBRAS plans to double crude and oil product exports over the next five years and raise production levels as part of an $87bn investment campaign.
Seville workers clash with police SEVILLE 14 July - Police officers yesterday clashed with shipyard workers who were trying to gain entry to the city hall in Seville, southerm Spain, in protest against the sale of their shipyard
You can run but you can't hide A BRITISH man wanted in the US for over seven years on drug-smuggling charges surrendered this week to US Marshals in London after losing his bid to avoid extradition
Stolt appeal unlikely to be heard STOLT Nielsen appears to have been unsuccessful in its bid for a stay in proceedings against the company on conspiracy and price fixing charges
Gazprom, Sonatrach talks stall NATURAL gas majors Gazprom of Russia and Algeria's Sonatrach have signalled that efforts to negotiate a strategic agreement have hit serious difficulties
Threatened Trasmed strike cancelled STRIKE action that would have affected Acciona Trasmediterranea ferries has been cancelled because the union involved failed to win support from other unions
LPG carrier crew injured in blaze The LPG carrier Benegas suffered a fire at the port of Aqaba, Jordan, yesterday morning
Shanghai first-half box volume up 18% The addition of containers from new Yangshan deepwater port saw total throughput rise to a record 10.1 million TEUs from January-June.
Trade bill filed in Senate
Senate passes funding bill for Homeland Security
Panama Canal trims slots
Canada aids IMO security program
Texas group eyes Mexico trade
Singapore exempts liner agreements from anti-trust
Customs Update: A bond that kills trade
Finnlines sells feeder
K&N wins Sony pact
Martinair appoints vice president for Americas
Maersk in 20-year pact with Georgia Ports Authority
'Novo' goes with the flow, for over 30% H1 rise Russia's Port of Novorossiisk is riding an import wave of affluence, while new market competition improves attractiveness of containerised exports, according to the local office of a pan-Russian logistics company.
Teething troubles for Indonesia's domestic fleet financing institution The private multi-finance institution set up to boost Indonesian domestic carriers' fleet-financing has got off to a rocky start, with widespread ignorance about its existence and attacks on its management.
Korea Maritime Institute predicts freight rates to rise in Q3
PSA's H1 throughput boosted by overseas port growth
Atlantic North-South Service doubles up to Venezuela
Stolt gets a letter Stolt-Nielsen is reiterating that it will co-operate with an informal SEC inquiry.
Owner indicted Bulker owner Evangelos Madias and employees could spend years in prison if found guilty of using a magic pipe and covering it up.
Citius bill rises again Aries Maritime has upped the cost of repairs to one troubled products tanker and found new work for another.
Jones Act job for Coscol A Coscol ship can carry an oil rig from the US Gulf to the Cook Inlet after US authorities waived the Jones Act.
Hoegh on the up Car carriers and LNG ships bring in more profit in first six months of 2006.
Weaving on the Weser Bremen authorities stopped a Norway-bound ship after its 'serpentine' course betrayed the 0.27 alcohol level in the master's blood.
Stolt in Aussie deal Dispute on chemical tanker ends as owner promises to replace ship bound for Cayman Islands flag.
Jinhui in bulker buy Hong Kong-based owner spends $40.25m on re-sale handymax currently under construction in Japan.
Stolt for Supreme Court Chemical tanker owner confirms it will ask US final court to uphold immunity from criminal prosecution.
Mehrotra takes tanker plunge London-based reefer owner buys two aframaxes from Qatar Shipping.
Garware hunts European owner Ambitious Indian offshore player is in talks to buy a four-ship fleet in Europe.
Gotland pulls ferry Swedish owner's newbuilding suffers engine room fire after less than a week in service in Baltic.
Bharati confident of growth Increased ship order levels mean Indian yard's revenues should rise another 35% this year.
Russian casualty claims lives Up to five feared dead after search-and-rescue vessel's hull ripped open off coast of Kamchatka, Russia.
Fire on LPG ship Four seriously hurt as fire ravages Benelux Overseas' 8,100-cbm gas carrier Benegas off Aqaba.
Tallink seals the deal Swedish competition authority gives final clearance for Estonian owner's buy-out of Silja Line.
Numbers up at PSA State-owned port operator has reported a 28.6% year-on-year increase in first half volumes.
NYK seals Baosteel hat trick Japanese owner to import Australian iron ore under third long-term COA with China steel giant.
Stolt denied US appeals court declines to put roadblock in front of indictments in antitrust case, leaving chemical owner more vulnerable than ever to criminal charges.
"Scandinavian Star" case closed again The Ministry of Justice in Denmark has finally closed the "Scandinavian Star" case. Yesterday the final answer was given to ...
Denmark to abandon mines a sea The Danish Navy is about to skip its mining division and abandon the use of all kinds of naval mines ...
DNVPS bemused by e-mail and on-going supplier boycott DNVPS says 'Whistle Blower' e-mail allegations are false and comments on supplier boycott of the firm.
Petrol Ofisi plans significant investment at Ceyhan Turkish oil firm seeking permission for refinery, storage and bunkering facilities.
Lintec offers advice on borderline SECA fuels Lintec reports numerous cases of samples testing slightly above 1.5% sulphur, but advises owners to 'act, not panic'.
Singapore's 2006 bunker sales on target for new record Total bunker sales volumes for the first six months of 2006 show solid gains despite 12% monthly drop in June.
E-mail circulation ''mischievous'', fuel testing firm says Following an e-mail circulated by a 'Whistle Blower', fuel-testing firm Maritec urges the relevant government agency to take appropriate action.
Vancouver: Barge operator denies spill liability Contrary to reports, barge operator says oil spill liability lies with bunker buyer.
Fuel testing companies deny 'Whistle Blower' claims An e-mail distributed to bunker players claims DNVPS is working closely with two other fuel testing agencies in Singapore in bid to get around supplier boycott.
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