Seahorse wins race for ASP UK based Seahorse Ship Management has been selected as the preferred tenderer to buy ASP Ship Management in what could prove a significant development for the Australian shipping industry.
MarAd poised to decide fate of Quincy yard THE US Maritime Administration (MarAd) is expected to decide next Monday whether to approve a Title XI loan guarantee for reactivating the former General Dynamics Fore River Shipyard at Quincy, Massachusetts.
Insurers wrestle with IMO rules ELABORATE discussions on the uniform provision of financial responsibility for all third party liabilities resume at the Inter-national Maritime Organisation today.
India seeks inland waterway investors IN the wake of the successful initiation of several private-sector build, operate, transfer (BOT) projects for sea ports, airports, railways and highways, the Indian government is now drawing up similar plans for inland waterways.
Dutch barge sector in crisis Netherlands-based owners and operators of inland shipping have called on the Dutch economics and transport ministries to help arrange a new pan-European agreement to help restructure the beleaguered sector. Netherlands Correspondent ALAN DICKEY reports.
New York-New Jersey traffic up THE growing sense that the Port of New York and New Jersey is beginning to fight its way out of a difficult corner heightened last week, when the port released improved container handling figures for the first half of this year.
Dundalk wins contract for new service A NEW shipping service is always a welcome development for an island nation, and the one which Dundalk Shipowners' has begun is badly needed in what, as well as being a maritime nation, is an agricultural one.
Paying more for our mistakes PROVIDING a mechanism for paying damage compensation is one way in which we seek to address the adverse impact of human frailty on safety at sea and marine environmental protection.
UK tax change hits BP's order for VLCCs at Samsung BP Shipping has been forced to look at new ways of financing a forthcoming order for VLCCs at Samsung in South Korea because of changes in the UK government's tax lease laws.
Hudong closes in on Ofer order Ofer Group company Tanker Pacific is believed to be on the verge of concluding a USD 67m order for two Panamax tankers at Hudong Shipyard in China. This would be the first time the Singapore-based owner orders in China.
Pertamina's fleet reflects national needs State-controlled oil and gas company Pertamina's responsibility to transport Indonesia's oil, gas and petroleum products is enshrined in the law. With 82 million tons shipped annually, rising demand and changing trading patterns, it's a tall order.
Hudner builds up mystery fleet Shipowner Michael Hudner has taken delivery of the second of what is developing as a mystery fleet of product tankers funded through tapping the high-yield bond market earlier this year.
Tandberg keeps fighting for Empress Empress Cruise Lines has managed to quell demands from a major investor that its financial practices be examined by an independent auditor for possible improprieties.
Freeland family's shipping roots run deep A memorial service October 10 for Neil Freeland at the City of London church of Great St Helens focuses attention on a key family in the British maritime establishment. Neil was one of his generation's best-known tanker brokers, followed by his brothers and his son, who continue to play an important role in shipping.
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