TILBURY has publicly renewed its call for planning permission to be granted on 65 acres of development land, freeing up space for a major push towards domination of the growing southeast England ro-ro market.

THE newly elected chairman of the International Association of Classification Societies has pledged to ?rebalance? the lack of influence from the Far East in dealings with the International Maritime Organization.

ORIENT Overseas Container Line and Cheng Lie Navigation Co (CNC Line) have suspended their plans to impose an emergency bunker surcharge on the Hong Kong/South China-Taiwan trade, which was due to start on July 1, following shippers? complaints over eight other lines announcing similar EBS plans on the same route.

VICTIMS of the Norway explosion have demanded tens of millions of dollars towards full restitution, and accused operator Norwegian Cruise Line of ?placing corporate profits ahead of safety?.

GENOA port president Luigi Merlo has expressed grave concern over an announced freeze on hiring public employees, writes John McLaughlin.

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Corsica Ferries claims 61% market share
MEDITERRANEAN ferry operator Corsica Ferries claims to have increased its share of the Corsican ferry market to more than 60% last year after its passenger carryings rose 11% to 2.4m, writes Andrew Spurrier in Paris.

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THE jack-up rig fleet is expected to surge, with shipyards to deliver another 24 units for drilling contractors in the next six months.

TENSION among the rival political groups vying for control of Somalia has severely hampered security efforts, including initiatives to enlist foreign and private forces to patrol the coast.

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ATLANTIC handysize and supramax shipowners are accepting delivery options outside of their usual region as owners cannot afford to ballast amid record high bunker prices, writes Jamie Dale.

THE ASIAN product tanker market is holding steady after the strong gains in the past few weeks, with medium range tankers enjoying healthy levels of interest amid tight tonnage supply, writes Jerry Frank.

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Price of litre of petrol tops 1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.

The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.

Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.

Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.

Henkel, the maker of Schwarzkopf hair products, plans to cut thousands of jobs when it completes its 2.7bn acquisition of ICI’s National Starch adhesives business early next year. By David Gow.

British bus and rail operator says soaring oil price forcing motorists out of their cars and on to public transport. By Dan Milmo.

Outlook at fashion chain Next ‘uncertain’ in run-up to Christmas, company warns. By Julia Finch.

Cable group Virgin Media added 13,000 new customers in the third quarter of the year. By Chris Tryhorn.

King: ‘No disagreement with chancellor’ Authorities knew savers had insufficient protection

Record label Universal Music Classics & Jazz is making its entire catalogue available online without copy protection as part of an experiment to gauge fans’ demand for MP3 tracks. By Katie Allen.

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ESSAR Shipping forecasts income from its rapidly-expanding ports and logistics businesses to equal revenue from its fleet of 24 vessels within three years.

LARGE tankers are still steaming at full speed despite record high bunker prices, which reached more than $700 per tonne in Singapore yesterday for the first time ever.

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