EU cracks the whip on maritime safety laws THE European Union has warned flag states - including member states - that are 'hiding mediocre ships' under their flag to put their 'house in order' or face the wrath of tough new laws on maritime safety.
Kuehne & Nagel quarterly profit surges 44% KUEHNE & Nagel International AG, the world's biggest sea-freight forwarder, says fourth-quarter profit surged 44 per cent after integrating an acquisition that boosted the Swiss company's warehouse management business.
Port Shots
Port shots AP Moller-Maersk A/S said yesterday that workers at its Odense, Denmark shipyard, where they are building the world's biggest container vessels, have ended a one-day strike.
EU cracks the whip on maritime safety laws THE European Union has warned flag states - including member states - that are 'hiding mediocre ships' under their flag to put their 'house in order' or face the wrath of tough new laws on maritime safety.
Kuehne & Nagel quarterly profit surges 44% KUEHNE & Nagel International AG, the world's biggest sea-freight forwarder, says fourth-quarter profit surged 44 per cent after integrating an acquisition that boosted the Swiss company's warehouse management business.
Port Shots
Port shots AP Moller-Maersk A/S said yesterday that workers at its Odense, Denmark shipyard, where they are building the world's biggest container vessels, have ended a one-day strike.
ThyssenKrupp Marine CEO resigns KIEL 12 March ' Klaus Borgschulte, chief executive of German shipyard group ThyssenKrupp Marine Systems, has resigned from the company with immediate effect
Safmarine upgrades China service SAFMARINE is responding to rapid growth in trade between South Africa and China by introducing larger tonnage and adding a new port to the Safari service
North Princess - correction THE bulker North Princess, which was implicated in a criminal indictment over oil dumping last week, flies the Maltese flag, not the Liberian flag
LUKoil to boost Black Sea shipments RUSSIAN oil producer and exporter LUKoil has been blocked from petroleum refining in Turkey and must supply product to that country from its Bulgarian refinery
Total box scanning looks inevitable LEGAL requirements to eventually require that all US-bound containers be scanned now seem inevitable, with a Senate bill that could start the process going to a vote tomorrow
Panama tolls prompt industry fears SERIOUS concern has been expressed about the size of toll increases proposed by the Panama Canal Authority and the period over which they will be introduced
Georgia, South Carolina make plans to partner on new container port project Joint plan could end legal battle over right to develop hub on Savannah River near Ports of Charleston (left) and Savannah.
Court order ends Smit strike and regulates further action An order from the Rotterdam Court of Justice has ended the Smit Rotterdam harbour towage strike and imposed requirements to ensure service in the short term.
K+N increase seafreight volumes over 19% in 2006
Vancouver box backlog worsens
Investor in TUI declares himself "friendly"
Carriers prepare for Sydney closure
NOL gets US$300m loan
Safmarine and Maersk Line realign and upgrade Safari services
Matthias Raith leaves rail4chem
ACCC clears Patrick Shipping sale
CMA CGM snatches 50-year concession in Indonesia's Batu Ampar
Hanjin to raise Asia-Europe freight rates
Three bidders show interest in Busan New Port Phase II-4
Interview: INTTRA expects 100% growth as shipping becomes more information-oriented
Sinders leaves Jefferies One of shipping's senior investment bankers has stepped down to get involved in a different form of transportation.
Owners beg Panama for mercy Shipowner lobbies are protesting that present users are being asked to pay more than their share for the Panama Canal of the future.
Bigger is better for TEN Nikolas Tsakos-led Greek tanker owner posts 21% improved annual profit on back of larger fleet.
Costly collision A bump with a giant MSC newbuilding will cost dredging company Boskalis some EUR 30m in revenues.
Greek bulker sinks 'taxi' Cyprus-flagged vessel momentarily loses control in Istanbul and drags private boat under.
Navios fixes for five Greek owner's new chartered-in panamax bulker chartered out again for $24,000 per day until 2012.
Ante upped at ICG? Shareholders said to be holding out for improved takeover offer from management of Irish Continental Group.
CalMac talks new ferry No yard decision yet for Scottish Highlands ship due to enter service in 2010.
Mols-Linien makes more Increased operational efficiency and higher revenues drive up earnings at Danish ferry company.
Damen teams on tugs Dutch shipbuilder to meet growing demand through five-year deal with Penglai Bohai yard in China.
Stowaway standoff in Piraeus Captain of German-owned boxship refuses to return 16 illegal immigrants found onboard back to Turkey.
Car carrier fined for oil dumping NYK vessel Brussel turned in by Australian cement carrier after leaving 7km slick off Victoria.
IHC adds Heusden site Dutch shipbuilding group takes over facility of bankrupt compatriot on the back of strong orderbook.
Samsung inks drillship European owner paying $618m for vessel to be delivered in 2010.
Japan yard orders slide JSEA says export newbuilding contracts slip below 1mgt for the first time in four months.
Smyril smiling again Faroe Islands ferry operator back in profit as passengers return.
Gaz Imperial sent for scrap World's largest LPG carrier bound for breaker's yard in Pakistan.
Norwegian ship and rig orders for NOK 220 bn Norwegian and Norwegian controlled ship owning companies and drilling contractors have ships and rigs worth NOK 220 billion on order ...
Russia to concentrate shipbuilding industry Russia will reorganise the state-owned shipbuilding industry. A new Joint Shipbuilding Corporation will be established for design and construction. The ...
Barrot slams sluggish member states The EU Commission's vice president and transport commissioner Jacques Barrot has grown tired of the resistance against new maritime safety ...
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