LPG market set for supply boom despite high prices
HIGH liquefied petroleum gas prices are slowing demand growth in many developing markets but the industry is still on course for a substantial increase in supplies over the next five years, writes Tony Gray.
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Share ThisCharter rate surge helps Jinhui to double profits
JINHUI Shipping and Transportation, the Oslo-listed Hong Kong bulker operator, saw net profit surge 109% to $12.8m in the first quarter buoyed by soaring charter rates. Turnover climbed 49% to $54.3m.
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Share ThisAction call over EU safety rules
SLOVENIA, holder of the rotating European Union presidency, says it wants to achieve agreement on two controversial maritime safety directives before the summer recess.
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Share ThisFIS DRY BULK FFA PRICES 29 Jan 2008
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Share ThisPORT businesses fighting the controversial revamped rating system being rolled out around England and Wales have made a breakthrough in getting their message across at Westminster.
THE Philippines government is considering imposing new rules in the wake of the Princess of the Stars tragedy that will see just one classification society being given the authority to class all domestic shipping.
SLOVENIA?S incoming Social Democrat government looks set to continue the push for a strategic approach to the development of new regasification facilities in the northern Adriatic, arguing that projects for two new plants in the Trieste area pose an economic, maritime safety and environmental threat.
TURMOIL in the global financial markets has prompted the Brazilian government to pledge R$10bn ($4.5bn) of soft-funding to support the country?s resurgent shipbuilding sector.
THE Philippines crewing industry has vowed to keep fighting the so-called 120-day rule on the permanent disability of seafarers despite recent setbacks in the Supreme Court, writes Marcus Hand.
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