Northport puts back move to cut free storage period Northport (Malaysia) Bhd at Port Klang has deferred the move to reduce the free storage period for containers, which was to take effect from the beginning of next month.
Cardy takes axe to MCA headcount THE Maritime and Coastguard Agency is set to sack over 20% of its Southampton head office staff - including a number of the top brass.
BP to pay $373M fines BP America has apologised after agreeing to pay over $370M in fines for a litany of misdeeds
APM buys into Ecuador APM TERMINALS confirms that it has purchased of a 51% stake in Alinport SA, a new greenfield container terminal project in Posorja, Ecuador
Scrapper wins four-year scrap A UK businessman has won a four-year planning battle to build the world's largest dry-dock and recycling facility on a Teesside site in northern England
Ferry service hovers on brink of reality THE operator of a proposed hovercraft commuter service in Scotland is keen to move ahead with the project after a trial suggests it could attract thousands of passengers
EC snuff ban not to be sniffed at ECKERÖ Ferries is considering re-flagging its vessels in Sweden following a European Commission ban on selling snuff onboard its ships
Port of Los Angeles-Long Beach scraps parts of clean truck plan -- for now Port officials drop, temporarily, most controversial parts of program in effort to speed new measures aimed at truck pollution.
China pays off Matson Navigation's China service gives a push to third-quarter earnings at Hawaii property owner and liner operator Alexander & Baldwin.
Refinancing's bite Horizon Lines' third-quarter profit plunged due to refinancing, but revenue increased by 5.4%.
FreeSeas eyes handies Varouxakis lines up buying spree following yesterday's $90m shares sale.
Two die at Tidewater Tidewater chief Dean Taylor reveals that two Tidewater crewmen are among those that died in a platform accident off Mexico.
Log-In logs a boost Docenave offshoot Log-In Logistica Intermodal posts $12.2m in third-quarter profits, nine times its profits before the Brazilian company's restructuring last year.
Tidewater profits down Net earnings at US offshore vessel owner sink 17% compared to a third-quarter 2006 that saw an 11-vessel sell-off.
Seven dwarves for Alam Malaysian owner not bashful about paying $121m for three AHTS units and four others.
Grounding in Scotland Re-float efforts fail after Hellenic Star Shipping bulk carrier runs aground on the River Clyde.
Geden gets gold Mr Asset Play, Tugrul Tokgoz, takes time out from TradeWinds' Turkish summit to further resale success with capesize coup.
Aker to build LNG ferries Norwegian shipyard company inks deal to build three LNG-powered ferries to operate between Oslo and Nesodden.
Turkey set to expand yards Transport minister, Binali Yildirim, spells out shipbuilding expansion plan to meet needs of growing national fleet.
Danaos chugs forward With no bulkers, US-listed boxship owner sees third-quarter net slip 2.5%, but nine-month profits jump a whopping 142%.
We'll be back! Delegates call for a further Turkish talkfest as Istanbul shipping summit draws to a close.
Seaarland and TB tie knot Seaarland expands into Germany following joint venture with TB Marine-Hamburg.
Mexican rose-tinted glasses Grupo TMM president highlights positives in quarter which saw Mexican owner book $45m loss.
Heavyweights land killer blow? Port Rashid's container activity could cease by the end of next year as it struggles to deal with big boxships.
Aegean slumps on offer news Shares in US-listed bunker player fall close to 20% after founder looks to offload 6.5m shares.
Traditional changes Conservative Turkish owner Kaptanoglu Shipping Group has diversified in recent years, says owner Sadan Kaptanoglu.
Unity plans at Fesco Russian owner to set up central managing company to bring disparate business parts together.
Dunya defends delays Yard delivery drag is down to hefty orderbook according to Suay Umut.
GSI brings it home Hong Kong-listed builder backs up tough talk with strong third quarter showing.
ISC returns to the black International Shipholding Corp back in profit in third quarter despite discontinued LASH operations.
Swedish enterprises demand cleaner shipping Nine large Swedish export enterprises, among them Preem Petroleum and Stora Enso Logistics, have agreed to demand tougher environmental measures by shipping companies in sea transport purchases. The list of criterias exceeds already accepted international legislation. The environmental measures ' Clean ...
Esvagt names third vessel from Singapore Esvagt A/S named their latest new building from Singapore yesterday at Esbjerg. The ship was named Esvagt Carina in a ceremony with Norwegian Berit Axelsen, StatoilHydro, as the sponsor. The new ship will shortly take off for Norwegian waters ...
Norway to procure new rescue helicopters Norway has begun the process to procure new up to 12 or more rescue helicopters to replace the 34 year-old Sea King units. In view of the new defence cooperation between Iceland and Norway, the number of new helicopters ...
Shipowners respond to emissions challenge Fuel switching, cold ironing, and other initiatives all being adopted.
'Scrubbers is a dirty word' Debate over mitigation taking centre stage at ship emissions forum.
Escalating bunker price pressure forces rethink Container shipping lines will seek new fuel charge structure to 'share the burden' of rapid escalation in fuel cost.
Rotterdam market very firm
Singapore bunkers break $500 mark Asian ports hit unprecedented bunker price levels today on the back of surging crude.
Suppliers refusing credit for spot buyers Sri Lankan players say the policy is damaging prospects for growth.
KPC offers spot 380 cst parcel Prompt 380 cst cargo taken as sign that supply shortages may be easing in the Middle East.
Oil soars above $90 Oil prices rally on tight US oil inventories and geopolitical tension.
Singapore: Stocks of residual fuel, distillates fall
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