May container traffic falls 20.3% The slide in container traffic continued in May with throughput at the Port of Singapore falling 20.3 per cent to 2.1 million twenty-foot equivalent units (TEUs) from 2.63 million TEUs last year, Maritime and Port Authority (MPA) figures showed.
'Edge of a deep abyss' for boxes A REPORT on the container market is likely to be tough reading for the beleaguered shipping sector
Supreme Court rejects Valdez tax THE US Supreme Court today ruled in favour of ConocoPhillips' US-flag subsidiary Polar Tankers in its long-running tax dispute with Valdez, Alaska
What Iran vote means for tankers IRAN'S election has probably put the kibosh on foreign investment in Iranian oil shipping, IHS Global Insight said today
Pirates take German ship SOMALI pirates have hijacked a German cargo ship off Oman, a NATO official has revealed
Ferry stranded off Mindoro A NEGROS Navigation ferry is stranded today off Mindoro province after weekend engine trouble
Spanish yard strike toned down SPANISH unions today toned down their strike at Vigo's yards in northwestern Spain, with fresh talks with management opening this afternoon
Half-year impact for Petrojam THE TANKER Great News, which heavily damaged the pier of Jamaican refinery Petrojam on 1 June, is being offloaded today ' but six months or more of dock disruptions are now predicted
Odense to lay off 175 employees Odense Steel Shipyard has given notice to 175 white-collar workers as part of its strategy for downsizing the shipyard. The 175 employees are primarily within engineering and technical areas
EU digs deeper into the sale of DFDS shares The EU Department of Competition has postponed the decision regarding the sale of 25 per cent of DFDS by J. Lauritzen-owned Vesterhavet A/S to De Samvirkende Vognm'nd (DSV
New ro-ro service Finland'Sweden'Germany Under the name PowerLine, the Finnish company Lillbacka Powerco has started a new ro-ro service between Turku, Oxelösund and Travemünde with sailings twice a week from Turku. One of
STX wins new contract STX Offshore and Shipbuilding has won newbuilding orders for four 50,400 DWT tankers worth USD 168 million. The orderer is an undisclosed European owner, international media reports. The vessels will
Small cargo vessel hijacked off Oman Last weekend, a small cargo vessel was hijacked some 60 nautical miles south of Oman. The vessel has now altered course towards Somalia. According to international media, the vessel is
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