Gdynia in advanced talks to acquire Kværner's Finnish yards Kværner is reported to be in talks on the sale of its two shipyards in Finland with Poland's Gdynia yard and a Finnish consortium led by Martin Saarikangas, Kværner Masa-Yards president.
Washington State tries to avert ferry slow down Papers filed today asked the state Supreme Court to stay and eventually reverse an order to slow down the fast ferry Chinook
Uptick in U.S. Gulf drilling activity After 14 consecutive months of decline, global offshore drilling activity has at last started to turn up again, according to the latest SCORE repor
Dalian to build five ULCCs for Iran China's Dalian Shipyard has signed a contract with the state oil company of Iran to build five 300,000 dwt tankers
LR classes Korea's first export LNG ships The contract, with Hyundai Heavy Industries Co (HHI), Ulsan, is for two 138,000 m3 LNG carriers being built for Bonny Gas Transport of Bermuda, a wholly-owned subsidiary of Nigeria LNG.
Yacht-like dive charter boat for B.C. waters The dive charter business continues to grow on the B.C. coast, in most cases utilizing a range of converted vessels. Now one company is having a purpose built craft constructed for the 2000 season.
Turkey seeks out urgent oil cargoes TURKEY has begun tendering for urgently needed oil products after its main refinery was wrecked last week in the Izmit earthquake amid signs that rescuers have all but given up hope of finding more survivors.
OSG refinances Alaska tankers LEADING US bulk shipping company, Overseas Shipholding Group has securitised the financing of five 1970s built tankers on the back of BP Amoco's credit strength.
P&O shares rise amid bid speculation P&O's shares rocketed nearly 4% higher to '10.58($17.1 in London yesterday, fuelled by speculation of a '7bn takeover bid from rival US cruise heavyweight Carnival Corporation.
Crash plane carried $80m London-led hull cover INSURANCE sources estimate that the hull of a jetliner that crashed at Hong Kong's Chek Lap Kok airport on Sunday was insured for $80m.
MSC agrees Piraeus transhipment deal GREECE'S leading port has signed a new deal with Mediterranean Shipping Company designed to keep the Swiss based operator's eastern Mediterranean transhipment business at Piraeus for the next five years.
Lillelien hints at Kvaerner Florø yard buyout BJØRN Lillelien, managing director of Kvaerner Florø, has said that he would not be averse to heading up a management buyout at the yard, though such a move is entirely in the realm of theory at present.
DNV to probe scrap yards in India and Bangladesh NORWEGIAN classification society Det Norske Veritas is to send a four strong delegation to India and Bangladesh this autumn for an on-site assessment of the state of the region's ship scrapping yards.
Star sets sights on India cruise expansion STAR Cruises has announced ambitious plans for India, including stationing a cruiseship in the country if the Indian market for cruise holidays continues to grow at the present rate.
DFDS Dan Transport crée un nouveau réseau européen de partenaires La société danoise DFDS Dan Transport a annoncé que ses filiales en Scandinavie, au UK, en Irlande et dans le Benelux vont entamer une coopération avec un certain nombre de nouveaux partenaires, et ce dès le 31 août. La lecture de la liste des partenaires semble confirmer que l'alliance TEAM traverse une grave crise et que l'alliance E1 va changer profondément de visage. DFDS serait par ailleurs en passe d'acquérir une société en Allemagne.
Premier semestre satisfaisant pour Kühne & Nagel Kühne & Nagel a enregistré un bénéfice net de 45,4 mio. de CHF au cours des six premiers mois de 1999, soit une hausse de 9,9% par rapport au premier semestre de 1998. Le chiffre d'affaires, tout comme le bénéfice brut, ont baissé en comparaison avec l'an dernier, ce qui résulte de la restructuration des activités de transport terrestre en Allemagne. Les résultats de ces dernières activités ne sont plus repris dans le rapport semestriel consolidé.
NSCSA contribue à harmoniser la flotte FAL à l'échelle de plus de 4000 TEU Partenaire de CMA/Norasia sur la route Europe-Far East et retour, l'armement NSCSA a effectué vendredi dernier sa première escale physique directe à Zeebrugge, au terminal de l'OCHZ, ceci dans le cadre du maiden trip de son PC "Saudi Jeddah" (4.396 TEU), la première unité d'une série de 3 commandées à un chantier naval sud-coréen.
Les soutes passant à 122 USD la tonne, la CE va-t-elle réagir face au cartel de l'OPEC? En l'espace de quelques mois, les prix des huiles de soutes vendues dans les grands ports n'ont fait que grimper. Vendredi dernier il fluctuait entre 120 et 122 dollars la tonne selon les places. En amont, le prix du baril est passé à plus de 21 dollars. Pour l'industrie du shipping en général les répercussions vont être considérables, alors que dans le secteur du liner containérisé en particulier la situation est déjà très complexe.
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