New ISO mark for box e-seals could save industry millions ALTHOUGH not mandatory and still hotly debated within the industry, electronic container seals have a new ISO standard which could save the global shipping industry at least $64 million annually in manual inspection costs for inbound containers into the United States.
DP World slams US port security law AN executive with Dubai Ports World, the Arab-owned firm whose purchase of American port facilities caused an uproar this year, said on Tuesday that a new US port security law was fundamentally inadequate.
DP World plans to remove P&O name DP World, the United Arab Emirates company that bought London-based Peninsular & Oriental Steam Navigation Co in February, plans to remove the P&O name from the 169-year-old British company's ports.
Persian Gulf tanker rates gain as owners expect rise in bookings
Port Shots
Port Shots THE Greek air force rescued the Turkish crew of a stranded Cambodian-flagged vessel after the ship developed engine failure and ran adrift in heavy seas.
New ISO mark for box e-seals could save industry millions ALTHOUGH not mandatory and still hotly debated within the industry, electronic container seals have a new ISO standard which could save the global shipping industry at least $64 million annually in manual inspection costs for inbound containers into the United States.
DP World slams US port security law AN executive with Dubai Ports World, the Arab-owned firm whose purchase of American port facilities caused an uproar this year, said on Tuesday that a new US port security law was fundamentally inadequate.
DP World plans to remove P&O name DP World, the United Arab Emirates company that bought London-based Peninsular & Oriental Steam Navigation Co in February, plans to remove the P&O name from the 169-year-old British company's ports.
Persian Gulf tanker rates gain as owners expect rise in bookings
Port Shots
Port Shots THE Greek air force rescued the Turkish crew of a stranded Cambodian-flagged vessel after the ship developed engine failure and ran adrift in heavy seas.
Bureau Veritas denies takeover by SGS BUREAU Veritas has firmly rejected reports that it will shortly be sold to Swiss inspection and certification giant SGS for around €3bn ($3.75bn).
Six killed in Mexico tanker explosion AT LEAST six people have been killed and nine wounded in an explosion on a Pemex-owned product tanker, Quetzalcoatl, in the Mexican port of Coatzacoalcos.
Greece hit as EU closes single hull loophole THE European Union is about to close a loophole in existing legislation on single hull tankers, much to the chagrin of Greece.
Massive €2bn LNG order in pipeline for Repsol REPSOL-Gas Natural LNG has invited bids for lucrative long-term charters on up to 11 newbuild liquefied natural gas carriers, in a deal that could be worth more than €2bn ($3.3bn) to shipbuilders over the next six years.
Eight dead in Mexican tanker blast COATZACOALCOS 18 October ' EIGHT people are reported to have been killed yesterday in a massive explosion on the Mexican tanker Quetzalcoatl, which was undergoing repairs at the Pajaritos petrochemical complex in Coatzacoalcos port
PNSC secures loan for new tonnage PAKISTAN'S national flag carrier PNSC has secured a $135M loan to buy two second-hand double-hull Aframax tankers and a bulk carrier
Seafarer claims prompt reality check An attempt is to be made in the Philippines next month to find out what lies behind the recent growth in the number of seafarers' claims for compensation
OSG's takeover of Maritrans cleared FEDERAL regulators cleared the way yesterday for Overseas Shipholding Group's $455M takeover of Florida-based Maritrans
Magsaysay opens crew office in Panama MAGSAYSAY, the Philippines-based crewing agency, has opened an office in Panama and has already contracted 100 Panamanians to work on ocean going ships
Marshall Islands aims for No 2 slot MARSHALL Islands could become the world's second biggest flag, believes Bill Gallagher, president of its manager International Registries Inc
U.S. probes Shipping Act anti-trust Ocean carriers' antitrust immunity under the Shipping Act was subject of a hearing before the Antitrust Modernization Commission.
Disinterested allies could protect Hapag-Lloyd A group of investors could take on Hapag-Lloyd if TUI shareholder-pressure forced a sale, but the alliance must be committed to neutrality, rather than profit, one potential investor has stressed.
New terminals to bring solace to COSCO Pacific investors Despite disappointing interim results, analysts are still thinking positively about COSCO Pacific, counting on thie firm's 11 new berths to be launched this year, particularly those in Shanghai and Guangzhou.
Charter-barter continues, as buyers and sellers face off
Failed PAN's ship berths at last
P+I Club urges caution on hazardous goods in containers
Tianjin anticipates US$160m/year from phase III development
Torm-chartered vessel in US collision Torm Anholt, a chartered panamax bulk carrier has been involved in a collision on the Mississippi river. The bulk carrier ...
Nordic Tankers with zero profit and three new tankers The newly established company Nordic Tankers came out with zero profit in the first half of 2006, but forecasts a ...
Navantia will not pay for frigate modules Bergen Yard and Kleven Mek Verksted (Aker Yards) have frigate modules ready to deliver to the Spanish yard Navantia, but ...
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