China wants to participate in port of Odessa's development China wants to participate in the development of the port of Odessa (Ukraine), according to members of a Chinese delegation, shortly after a visit to Ukraine. China is interested i...
Port of Rijeka: new terminal near Zagreb? The port of Rijeka in northern Croatia is planning a new logistics terminal near the country's capital Zagreb. Negotiations are currently in progress. The project, w...
H. Essers inaugurates new pharmaceuticals warehouse in Belgium The Belgian transport and logistics group H. Essers has phased in a 21,000 sqm pharmaceuticals warehouse in the Cargovil industrial zone in Zemst, south of Mechelen (Belgium)....
Bartolini augments branch office network in Italy The Italian transport and CEP service provider Bartolini has augmented its branch office network in Italy. Bartolini opened three new offices in September: a 2,200 sqm br...
PT Serasi Logistics awards warehousing contract to Damco Damco has been awarded a one-year warehousing contract with PT Serasi Logistics Indonesia, part of Astra International. Under this contract, Damco will manage the full spectrum of ...
Ferrer confident of getting IMO top job Philippines candidate says he has the right qualities to lead the organisation
Trio lined up for IMO top job
Wanted: Machiavellian diplomat with iron fists
Race to find new IMO head begins
ICS warns over UN solutions to emissions Solutions to reduce greenhouse gas should be done via IMO, says International Chamber...
IMO has mandate to find emissions solution
VLCC earnings drop to new 2010 low in spot market Lowest voyage and time charter rates seen so far this year as tonnage oversupply hits...
Gloomy fourth quarter looms for tanker sector
Brokers question whether kamsarmax vessels can compete with panamaxes With kamsarmaxes typically at about 82,000 dwt, there are concerns they will be...
Union rejects SeaFrance plan A UNION rejection of SeaFrance's latest recovery blueprint has again threatened the group's survival
Kenya gives pirates 5 years ELEVEN Somali pirates received five-year prison sentences in a Kenyan court yesterday
How US act affects shipping LEGISLATION has passed Congress that would seriously impair future marketability of remaining single-hull tankers, such as those serving the LOOP offshore terminal
Valencia loses HS transhipment HAMBURG SÜD will switch its transhipment operations from Valencia to Tangiers-Med, raising fresh fears over Spain's ability to compete with Morocco over port and handling charges
VLCC rates rebound by 5.4% VLCC RATES recovered today on the benchmark Saudi Arabia/Japan route
Pirates target tug off Indonesia TWELVE pirates armed with knives boarded a tug towing a barge off Indonesia this morning, the International Maritime Bureau reported
NYK to replace slurry carrier JAPAN'S NYK will build a new 175,000dwt ironsand slurry carrier to service a 15-year contract extension with Australian controlled New Zealand Steel Mining
Moller at it again Bjorn Moller sits in the hot seat as Teekay spin-off targets nearly $122m in public offering aimed at chopping debt.
Hornbeck files $250m float New York-listed offshore outfit says "strategic acquisitions" are in the crosshairs as it paves the way for period securities sales.
Is speed killing your bottom line? Throttling back may have kept listed owners in the black in the third quarter, RS Platou says.
Polarcus flies Bahamas flag Half of Oslo-listed seismic owner's ships bag a bargain with Bahamas flag but clock can still chop deep discounts.
Keppel secures $100m payday Keppel Corporation has emerged victorious in a race to refurbish a pair of deepwater drilling rigs.
GSL dodges debt bullet Ian Webber-led owner puts off $15m loan payment as it hunts for the cash to bankroll boxship newbuildings.
Jo deal plugs newbuilding gap Six-ship charter with Jo Tankers has eliminated the need for Stolt-Nielsen to fill newbuilding void.
Greek polluter fined in US Manager of bulker Doric Glory also handed probation term after 'magic pipe' sting in New Orleans.
Eleven jailed for Safmarine attack Kenya slaps 11 Somalia pirates with five-year terms after failed hijacking of Safmarine Asia.
Stolt storms in the third quarter Niels Stolt-Nielsen-led company smashes analysts' forecasts but warns sustainable tanker market recovery has not yet arrived.
Vinashin ship sale continues Vietnamese government says near-bankrupt company to offload 35 vessels by year-end.
STX Europe comes clean on IPO plan Europe's largest shipbuilder, STX Europe, confirms speculation its offshore and specialized vessels division will be listed in Singapore.
Solstad in Nor Offshore swap Oslo-listed owner takes command of Nor Offshore following debt for equity swap deal.
Fos-Lavera tanker backlog builds Twenty-nine tankers waiting outside French Med oil port as strike enters fourth day.
'It's all about BMP' EU's Buster Howes blames lack of lookouts and failure to follow best management practice for many hijackings.
Piracy task enormous for navies Vast expanse of Somali pirate territory tests limited resources of navies who are "not fighting a losing battle".
Russian cruiseship held over debt ITF says crew of Lyubov Orlova in Canada has not been paid for four months.
SCI eyes port punt through JVs Sabyasachi Hajara-led Indian owner could include LNG terminal management in planned port splash.
Stolt says settlement is close Antitrust dispute with AnimalFeeds International will soon be resolved in full, shipowner says.
Hoe Leong makes tanker move Singapore offshore group takes big stake in Malaysian shipowner Semua.
Owners kop new funding streams Standard Chartered launches new leasing scheme to help owners build up fleets.
CSC auctions off three veterans Russian-built general cargoships going cheap as Azeri owner calls time on trio.
First Steamship inches up Taiwanese bulker owner increases first half profit as costs fall.
Seadrill bags another $350m John Fredriksen-backed company boosts war chest after trip to the bond market.
Hamworthy builds orderbook UK LNG ship systems company adds 15% to backlog over last five months.
Paragon upbeat on bulk Paragon boss says financial crisis may have saved dry bulk sector from even more turmoil.
Fincantieri wields axe More jobs headed to the chopping block as Italian shipbuilding group buckles despite billion-dollar backlog.
Delphin seized in France Cruiseship passengers disembark as owner claims EUR 2.4m in charter fees from Germany's Hansa Kreuzfahrten.
Wilson wins $670m OSV loan South American offshore alliance finds the firepower it needs to grab a piece of Petrobras' 250-ship OSV requirement.
Knightsbridge pins price on offering More acquisitions could be in the cards for John Fredriksen-led owner if investors sink their teeth into $80m stock offering.
Ferry ramp collapses in Norway No injuries reported as cylinder cracks during Tomma's approach to Vikholmen.
DryShips ends HSH debt drama George Economou-led owner closes in on covenant compliance as bank rubber stamps amendments to $520m loan pact.
Seaspan makes tug play Washington Marine company orders four vessels from Turkey's Sanmar shipyard.
Lauritzen Kosan sells one and charters two Lauritzen Kosan is reported to have sold one of the ships in its Sekwang series to a Chinese operator and taken two Turkish newbuildings on long-term time charters
State aid to lengthen L's' ferry Færgeselskabet Læsø K/S has been granted DKK 37 million in aid to lengthen the ferry Margrete Læsø. The money comes from the Governments fund to improve domestic ferry services
Workers try to contain spill in St Lawrence River Petroleum products including bunker fuel and diesel believed to have leaked from Suncor Energy Inc. refinery.
Rotterdam MGO prices gain $20 Weak demand in Hamburg.
Prices firm in Fujairah, Durban NYMEX showing further gains in early trading.
Russian port operator sees bunker sales grow Novorossiysk Commercial Sea Port reports 20% rise in profits.
MEPC reelects Chairman for 2011 Andreas Chrysostomou receives full support to continue his Chairmanship of IMO committee as it grapples with the GHG issue.
Singapore fuel oil stocks at 3-week high Distillates drop to 14-week low.
Experts move ahead with 'Slow Steaming Clause' BIMCO expects shipping to come under more environmental pressure.
Bunker prices continue upswing at most Asian ports Supplies mostly ample at key Asian bunker ports.
South China fuel oil stock up 18% on-year Onshore stocks up 10,000 mt from a fortnight ago, report says.
Bunker avails to improve in Far East Russian ports Bunker prices expected to fall on improved availability, say local traders.
Barging 'most fuel efficient' form of transport Barges emits fewer air pollutants compared to railroads and trucks, says American firm.
New trader joins Dan-Bunkering Supporting bunkering operations from Middelfart office.
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