Furore erupts over Colombo terminal tender Controversy has erupted in Sri Lanka over alleged tender manipulation for the Colombo South Container Terminal in which PSA International is said to be a bidder.
Capesize rates lift Baltic Dry Index to record high The cost of shipping coal, iron ore and other dry-bulk goods has risen to a record, boosted by gains in bigger vessels and a longer line of ships waiting to load at Australia's Newcastle, the world's biggest coal export harbour.
Asian spot freight rates rise as traders move jet fuel to US Asian spot freight rates for intra-Asian clean tanker loadings rose yesterday as traders jumped into the market to try to move jet fuel from the region to the US West Coast.
Babcock & Brown acquires Italian port operator for A$92m
CIMC confirms it will buy HK$1.13b stake in Enric Energy
EU cries foul as Bush signs scan law President Bush has signed into law the mandate that all US-bound containers be scanned by mid-2012, even as the world lined up against the edict
FMC nominations announced A PAUL Anderson is to be nominated as chairman of the Federal Maritime Commission, the independent federal body that regulates ocean transport in US international trade
Babcock & Brown bulks up AUSTRALIAN investment fund Babcock & Brown Infrastructure has acquired a 50.3% interest in Italian dry bulk port operator Terminal Rinfuse Italia
US Shipping Partners pulled lower US Shipping Partners posted a fall in 2Q net profits despite increased revenue and time charter rates
Missing seafarer search goes on SEARCH crews are continuing to scan waters off New York City for a crewman who apparently went overboard yesterday from the OSG-operated Overseas Atalmar
Container scan-all bill becomes law President Bush signs legislation requiring all U.S.-bound containers to be scanned at foreign ports before they are loaded on ships by July, 2012.
Good earnings at major Oslo shipbrokers A total of NOK 430 million were paid in wages to 244 ship brokers in the four major shipbroking firms ...
General cargo sank after drunk master hit platform The 1922 grt general cargo Jork collided with a gas platform in the North Sea and sunk. The Jork, flying ...
Second Bourbon Dolphin hearing The Royal Commission enquiry into the capsize and sinking of the anchor handling tug supply (AHTS) vessel Bourbon Dolphin on ...
Shippers imposing new SECA surcharges Surcharges to be introduced in September to cover higher cost of low sulphur fuels required in new SECA.
Strike shuts down South Africa's biggest refinery Durban bunker supply not affected much despite 'curtailed' dispensing, while Cape Town MGO situation still uncertain.
High bunker costs and tough regulations boost fuel cell prospects Fuel cells could power 'a large part of the world fleet' in 25 years.
Rotterdam market down, prompt products tight
ING hired to sell Baltic oil terminal Severstaltrans wants to sell its 80% stake in Estonian Oil Services.
Record July retroactive price Japan's benchmark bunker price up 8.1% month-on-month.
Lanka IOC turns bunker supplier Sri Lanka-based fuel retailer has begun offering bunkering services in Trincomalee port.
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