Iran Needs 34 New Oil Tankers
Iran said its needs up to 34 new oil tankers to refurbish and expand its ageing fleet. Iran currently owns or has placed orders for a total of 36 tankers, said Mohammad Souri…
Japan's March Ship Orders Up 23% From Last Year
Ship export contracts concluded by Japanese shipyards in March totaled 20 vessels, or 781,290 grt, an increase of 23.3 percent from a year earlier, an industry body said.
Singapore VLCC Rates Break Worldscale 100 Barrier
Tanker rates for early liftings from the Middle East to short-haul Asian routes have burst through the Worldscale 100 points barrier, brokers said. An early May…
French Petroleum Industry Says Governments Don't Enforce Shipping Rules
The French petroleum industry union says governments are too lax in applying rules on oil tankers and has called for Europe-wide laws forcing shipping companies…
Tanker Spills Oil During Panama Canal Transit
The Panama Canal Authority (PCA) forced a Greek-registered tanker to abandon a transit of the Panama Canal on April 18 after waterway workers noticed the ship was leaking crude oil.
Japan To Fund Romanian Port Study
Japan's International Cooperation Agency (JICA) will finance a study to rehabilitate and upgrade the Black Sea port of Constanta, Transport Ministry officials said.
Transportation.com Names Skinner Chairman
Transportation.com, a start-up online transportation site for shippers, carriers and private fleet operators, has named former U.S. transportation secretary Samuel Skinner as chairman of the board.
Star Positions Ship In Dubai
Malaysian cruise operator Star Cruises Plc has positioned a 100-passenger vessel in Dubai in efforts to cover West Asia, company officials said. "The coverage of…
Strike Paralyzes Casablanca Port
A strike by approximately 3,000 civil servants and dockworkers stretched into its sixth day Tuesday, and continued to halt operations at Morocco's main port of Casablanca.
Iraqi Exports Almost Double
Iraqi oil exports almost doubled to 2.2 million bpd for the week ended April 14, but the price Baghdad got for its oil fell below $20 for the first time since last October, the United Nations said.
Sanyo Hellas Buys Stake In Torm
Greek holding group Sanyo Hellas has acquired a 16.5 percent equity stake in Danish shipping firm Torm. The transaction was completed on April 17 on the Copenhagen bourse.
Dubai Ports, Oracle Announce Joint Venture
Dubai Ports Authority (DPA) and the Jebel Ali Free Zone announced a joint venture with Oracle Corp. to establish the region's first e-business market. The Dubai…
Egypt's Suez Canal Receipts Drop
Egypt's Suez Canal receipts slipped to $144.4 million in February from $160.8 million in January but up from $139.1 million in February 1999, the Cabinet Information and Decision Support Center said.
Sale Of Stena Line Possible
The chairman of Swedish international shipping operator Stena Line AB told press he can imagine selling the loss-making ferry group. Stena Line - which also operates…
Philippine Ferry Sinks After Collision
A Philippine inter-island ferry slammed into a fish corral at sea early on Monday, disabling its propeller. All 137 people aboard were rescued, the coastguard said.
Transas Unveils GMDSS Simulator
Transas Marine has extended its range of GMDSS simulators by introducing the TGS 4000 system. The new TGS 4000 simulator complements and enhances the existing TGS 2000 and TGS 3000 versions…
New And Notable Deliveries
The 600-passenger dinner cruise vessel; M/V Horizon was delivered to Pegasus Yacht Cruises of New York by Blount Industries on March 5. Measuring 161 ft. (49 m)…
Norwegian Manufacturers Maintain Edge
The cliche “the more things change, the more they stay the same,” certainly applies to the past, current and future role of the Norwegian maritime cluster in the…
Calling All Mariners
Globalstar, L.P. brought its next-generation strategizing to fruition with the release of full commercial access of its mobile satellite service in the U.S. through its distributor Globalstar U.S.A.
Corsaire 13000 Embodies Integrated, Advanced Propulsion System
The new 440-ft. (134-m) monohull high-speed ferry Corsaire 13000 will soon undergo speed trials at the French shipyard Alstom Leroux Naval, and the successful testing…
