Frontline Buys Two VLCCs
Frontline Ltd. has secured two VLCC newbuildings for delivery in 2006. The newbuildings has been secured through a purchase of two resale contracts for a total price of $158.5 million.
New Guidelines for Antidumping Duty Cases
U.S. Customs and Border Protection Commissioner (CBP) Robert C. Bonner acted today to ensure the collection of duties by announcing new guidelines for determining…
Maritime Accidents on the Decline
INTERTANKO has recorded 60 tanker incidents during the first part of 2004, most of them minor with no resultant pollution or loss of life. This compares to the 130…
European Delays on Single Hull Harmonization Regs
It is now more than seven months since the IMO's Marine Environment Protection Committee adopted amendments to MARPOL's single hull rules for tankers, so says INTERTANKO.
Priorities of new Dutch Presidency of EC
On 1 July the Netherlands replaced Ireland as head of the European Union (EU) for the next six months. The Netherlands will be the first country to assume the Presidency…