US ports deal given stringent check: govt THE proposed deal for state controlled Dubai Ports World to take control of six major US ports was only approved after security safeguards were included, a top US administration official said on Sunday.
French group eyes hub port project in Batam THE Indonesian government is studying a proposal from French giant shipping and port management CMA-CGM Group for setting up an international hub port in Batam.
Cosco Container seeks US$466m loan for vessels COSCO Container Lines Co Ltd, the biggest container shipping company in China, is seeking US$466 million to buy eight vessels, a banker who is involved in the deal said.
Frontline Q4 profit dives as shipping rates slide
UPS uses China facilities as clients' inventory space
Cargoship makes extra port call to avoid US security ban A SMALL British-registered ship was refused entry into the US last week on security grounds, an incident that has exposed gaps in the practical workings of global maritime security rules.
First legal shot fired in backlash against DP World's P&O takeover THE controversy in the US over Dubai Ports World's takeover of P&O escalated yesterday, with a Miami stevedore filing the first official legal challenge.
Skuld grows by 11.5% as Standard shrinks in P&I renewals shake-up AT LEAST two of the most significant mutuals offering shipowner protection and indemnity cover have emerged with a marked change in size, as a result of tough renewals bargaining.
World oil prices soar as Nigeria rebels strike OIL PRICES soared and Nigerian offshore workers went on high alert after militants attacked oil facilities and took nine people hostage.
Rumours talk of P&O Ferries interest STRONG market speculation circulating in London suggests that DP World, which is expected to complete its takeover of P&O on 2 March, has received a number of unsolicited approaches concerning the purchase of the P&O Ferries business
Tanker runs aground in Chiba NO injuries or spill have been reported following the grounding of the Panama flagged chemical tanker Yeosu Pioneer near the Japanese port of Chiba this morning
PSA divests Dalian IT arm AS part of its divestment of non-core assets, Singapore container terminal operator PSA has given up control of its IT subsidiary in Dalian, China
Private owners end Tirrenia strike TEN of the 13 ferry operators taking industrial action in protest against the state subsidies granted to Italian operator Tirrenia have resumed services
PDVSA to stop filing with SEC VENEZUELA'S energy minister Rafael Ram'rez says Petr'leos de Venezuela is to stop filing annual reports with the US Securities and Exchange Commission
Arbitrators find for Ecuador over EnCana ECUADOR has won a $75M tax dispute over Canadian oil firm EnCana in an arbitration case
Security expert 'amused' by US ports furore As the temperature in the US rises over the proposed acquisition of P&O Group by the Dubai company DP World at least one expert dismissed fears over the sale.
SAL seeks delay of Sydney evacuation Shipowner body Shipping Australia Ltd is seeking a postponement of government's plans to shift most commercial traffic out of Sydney Harbour.
Karla Peijs calls for customs focus on intermodal transport
Jakarta completes list of designated deepsea ports
Hong Kong offers 50% discounts on annual tonnage charges
Danube specialist: Constantza to be Central Europe gateway
Charter happy OMI works out up to eight products charters, also likely to continue with shares buyback programme.
Fleets move as P&I renews The Baltic Sea is safe for navigation for a new season as clubs ring in a new year.
Masterbulk makes it a double Singapore owner signs for bulker newbuildings at Oshima and Sumitomo in Japan.
Sovcomflot sues ex-boss Top Russian shipowner takes $321m legal action against former chief Dmitry Skarga and others over alleged chartering play.
Transatlantic buys space Swedish ro-ro owner strikes deal with paper producer for cargo transport on three new ships, while clearing out older vessels.
Evergreen eyes rich pickings Taiwanese container shipping group expecting 10% jump in revenues this year.
Militants threaten tankers Suezmaxes trading out of Nigeria could be targeted in escalation of militant attacks against oil producers.
ILO deal done Agreement reached on new global maritime labour convention pending formal vote in Geneva.
Two crew rescued off China Rest of 37-strong crew from sunken Panamanian-flagged reefer presumed dead.
Greek strike misery continues Action by seamen's group hitting exporters after ferries stopped for two more days.
No joke for Panama Canal authority to raise tug and line-handling fees from 1 April.
Explorer out of action Stena ferry could be out of action for two weeks after mystery object holes vessel below waterline.
Daewoo inks Vela VLCCs South Korean shipbuilder finally puts pen to paper on order for six VLCCs with Saudi owner.
Coscon chases loan Chinese box line working with banking consortium to fund eight newbuildings.
Singapore budget aids shipping Prime Minster Lee Hsien Loong unveils further tax breaks and incentives in 2006 budget.
Mosvold back at Samsung Norwegian drilling rig firm returns to South Korean shipbuilder for second deepwater unit.
Transatlantic to sell four vessels Transatlantic has sold the 14,900-DWT bulk carrier "Toftön" and the 14,240-DWT forest product carrier "Margit Gorthon" to foreign ...
Langh Ship orders container duo Finnish Lang Ship in Pikis has ordered two container carriers from J.J. Sietas in Hamburg for deliveries in February and ...
Crew officers evacuated from bulk carrier The police in Fredericia used a pilot boat in an action to evacuate the Greek officers from the strike bound ...
Quality warning for low-sulphur fuels Fuel tester predicting 'surprises' as blending to achieve low sulphur levels could affect fuel quality.
Panama commissions bunker report Bunker cluster tendering for report on Panama's infrastructure and competitiveness compared to other ports.
Rotterdam notches up new bunker record, lubricants stable Europe's leading port confirms record-breaking bunkering volumes for 2005, but growth has slowed from previous years.
Bunker Holdings bids bunker manager farewell
Russian executive urges rethink of refinery plans Plans to build huge export refineries ill-advised, crude exports more desirable, says oil boss.
Singapore reveals tax incentives to attract global shipowners Government announcing new incentives and tax incentives starting next month.
China holds bunker potential despite market monopoly GAC Shanghai manager identifies seven ports for expansion.
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