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If shipowners chose the most fuel-efficient South Korean-built vessels, their operating costs would be 40% less than if they chose Chinese-built vessels, asset management company Hana Daetoo Securities has reported in a research note.  Full story >>

Assoporti, the association of Italian port authorities, has presented its proposals to be included in ports reform legislation, which has been delayed by a succession of weak national governments and a lack of political will to push through reform.  Full story >>

Battle lines were redrawn on the Australian coast yesterday with unions and the Australian Labor Party (ALP) angrily rebutting remarks made by Deputy Prime Minister Warren Truss at an industry luncheon.  Full story >>

A Hong Kong-registered bulker has been refused entry to Malta because a crew member is suspected of having the deadly Ebola virus.  Full story >>

Wärtsilä has won its biggest ever order for its Ballast Water Management Systems (BWMS) from a single owner.  Full story >>

The average bunker price dropped by 4.5% month on month to $577.5 per tonne in August from $604.84 per tonne, which is expected to save Evergreen and Wan Hai around $17.8M in the final quarter of 2014, according to a report by local media this week.  Full story >>

China International Marine Containers (CIMC) has received $105.5M as part of a shipbuilding payment after two arbitration awards related to the building of two semi-submersible drilling rigs delivered to Schahin in Brazil.  Full story >>

A products tanker en route to Timor Leste on Wednesday was attacked off Tanjung Berakit, Bintan Island, Indonesia, ICC Commercial Crime Services (CCS) has reported.  Full story >>

Malaysian offshore oilfield service provider UMW Oil & Gas could see more of its rigs deployed outside Malaysia as demand grows for its jack-up rigs.  Full story >>

Despite healthy activity by the Australian iron ore majors, that was no help to Capesize freight rates this week as forward freight agreements failed to hold up.  Full story >>

Masters of ships navigating in Singapore’s waters have been advised to be more vigilant as hazy conditions once again afflict the city-state.  Full story >>

Channel tunnel operator Eurotunnel warned today that the operating ban hanging over its ferry affiliate MyFerryLink was likely to seriously hamper the latter’s ability to negotiate new annual contracts with its freight customers.  Full story >>

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