P&O set to develop port near Kolkata P&O Ports looks set to add another port to its Indian network after securing the rights to become an investor in Bengal Port Ltd , which will develop a container and bulk port on the river Hooghly outside Kolkata.
Daewoo Shipbuilding's first-half profit up 20% DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said its first-half profit rose 20 per cent from a year earlier because of increasing orders for cargo and container vessels.
Supertanker rates may rise: broker OIL companies and traders may pay more to hire supertankers if Venezuelan oil exports are disrupted in the aftermath of a vote that could remove President Hugo Chavez from office, New York-based shipbroker Poten & Partners said.
Italian shipbuilder shows its mettle ITALIAN shipbuilder Fincantieri marked its strength in naval buildings when it launched an aircraft carrier for the Italian Navy and announced contracts to be involved in constructing a new type of aircraft carrier for the Indian Navy.
12 injured in lifeboat accident TWELVE people were hospitalised yesterday after a New Zealand navy ship's lifeboat plunged 10 metres into the water at a Sydney dock, the ship's commanding officer said.
Air and Land Transport
Delta may expand routes, services to survive THE chief executive of Delta Air Lines Inc may add more longer-haul routes, spend more on customer service and amenities and cede some US market share in a bid to help ensure the No 3 US airline's survival, the Wall Street Journal said yesterday.
BA must raise wages to avoid strikes: union
Austrian July traffic up 28% on more long-haul routes
Vietnam Air not allowed to raise fares
Bomb alerts affect three flights to Frankfurt
Dragonair's July passenger, cargo traffic hits new highs
Features
Panama Canal gears up for possible attacks THE US Coast Guard boarded the ship in the choppy Caribbean waters and began counting crew members, but the numbers did not match those given earlier.
P&O set to develop port near Kolkata P&O Ports looks set to add another port to its Indian network after securing the rights to become an investor in Bengal Port Ltd , which will develop a container and bulk port on the river Hooghly outside Kolkata.
Daewoo Shipbuilding's first-half profit up 20% DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said its first-half profit rose 20 per cent from a year earlier because of increasing orders for cargo and container vessels.
Supertanker rates may rise: broker OIL companies and traders may pay more to hire supertankers if Venezuelan oil exports are disrupted in the aftermath of a vote that could remove President Hugo Chavez from office, New York-based shipbroker Poten & Partners said.
Italian shipbuilder shows its mettle ITALIAN shipbuilder Fincantieri marked its strength in naval buildings when it launched an aircraft carrier for the Italian Navy and announced contracts to be involved in constructing a new type of aircraft carrier for the Indian Navy.
12 injured in lifeboat accident TWELVE people were hospitalised yesterday after a New Zealand navy ship's lifeboat plunged 10 metres into the water at a Sydney dock, the ship's commanding officer said.
Air and Land Transport
Delta may expand routes, services to survive THE chief executive of Delta Air Lines Inc may add more longer-haul routes, spend more on customer service and amenities and cede some US market share in a bid to help ensure the No 3 US airline's survival, the Wall Street Journal said yesterday.
BA must raise wages to avoid strikes: union
Austrian July traffic up 28% on more long-haul routes
Vietnam Air not allowed to raise fares
Bomb alerts affect three flights to Frankfurt
Dragonair's July passenger, cargo traffic hits new highs
Features
Panama Canal gears up for possible attacks THE US Coast Guard boarded the ship in the choppy Caribbean waters and began counting crew members, but the numbers did not match those given earlier.
P&O set to develop port near Kolkata P&O Ports looks set to add another port to its Indian network after securing the rights to become an investor in Bengal Port Ltd , which will develop a container and bulk port on the river Hooghly outside Kolkata.
Daewoo Shipbuilding's first-half profit up 20% DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said its first-half profit rose 20 per cent from a year earlier because of increasing orders for cargo and container vessels.
Supertanker rates may rise: broker OIL companies and traders may pay more to hire supertankers if Venezuelan oil exports are disrupted in the aftermath of a vote that could remove President Hugo Chavez from office, New York-based shipbroker Poten & Partners said.
Italian shipbuilder shows its mettle ITALIAN shipbuilder Fincantieri marked its strength in naval buildings when it launched an aircraft carrier for the Italian Navy and announced contracts to be involved in constructing a new type of aircraft carrier for the Indian Navy.
12 injured in lifeboat accident TWELVE people were hospitalised yesterday after a New Zealand navy ship's lifeboat plunged 10 metres into the water at a Sydney dock, the ship's commanding officer said.
Air and Land Transport
Delta may expand routes, services to survive THE chief executive of Delta Air Lines Inc may add more longer-haul routes, spend more on customer service and amenities and cede some US market share in a bid to help ensure the No 3 US airline's survival, the Wall Street Journal said yesterday.
BA must raise wages to avoid strikes: union
Austrian July traffic up 28% on more long-haul routes
Vietnam Air not allowed to raise fares
Bomb alerts affect three flights to Frankfurt
Dragonair's July passenger, cargo traffic hits new highs
Features
Panama Canal gears up for possible attacks THE US Coast Guard boarded the ship in the choppy Caribbean waters and began counting crew members, but the numbers did not match those given earlier.
Former Bominflot MD heads new company Newly-formed UK-based company, headed by former Bominflot UK managing director David Price, agrees initial deal with US-based supplier and trader Bunkers LLC.
Gibraltar firmer in tune with latest cargo gains
Suez sees brisk trade as numbers rise New cargo sees Suez MGO numbers catch up with the market.
Korean HSFO exports abate bunker oversupply fears Heavy sulphur fuel oil exports ease fears of oversupply in country's bunker market.
Changes at Petco
Rotterdam firm with crude this morning
West-east arbitrage window re-opens West-east arbitrage opening prompts fixtures, but logistical problems limit Med and Black Sea opportunities.
Dumping whistle-blowers receive $1 million 'thank you' Whistle-blowers awarded half of dumping fine by US federal judge.
Lloyd's escapes eye of insurance storm LLOYD'S and the European market may escape serious damage from the claims aftermath of Hurricane Charley, which hit the coast of Florida and blew into the Carolinas, with an estimated total insured loss of $7bn-plus.
'We've let investors down' says Miles CP Ships has 'let down our investors and let down ourselves,' chairman Ray Miles admitted yesterday as the shipping line published its restated accounts.
Iraq sabotage reignites oil prices IRAQI oil exports remain volatile after new sabotage to oil field facilities left markets jittery and prices climbing again.
Total in Shell takeover rumours France's Total oil group left the door open yesterday to speculation on a report that it was considering a takeover bid for its larger European competitor, Royal Dutch/Shell.
CP Ships to address lawsuits today CP SHIPS will comment on the wave of lawsuits filed against the company during a conference call on second quarter earnings later today
Chavez claims victory EMBATTLED Venezuelan leader Hugo Chavez has officially claimed victory in the referendum on his presidency
Nervous oil futures hit new highs AN EXPLOSION at a US oil refinery last week, fears of Iraqi terrorism and the weekend presidential election in Venezuela have spurred world oil futures to new highs
NorseMerchant prepares for upgrade IRISH Sea ferry operator NorseMerchant Ferries is upgrading its Birkenhead-Belfast service for both freight and passengers
Maltese duty-free worries YACHT agents in Malta are worried about losing out on providing duty-free fuel to yachts in Maltese harbours once a concession obtained from the EU comes to an end
Shipyard probe findings released LACK of co-ordination between subcontractors and their workers has been cited as the cause of an accident at the Keppel Cebu Shipyard in the Philippines last month
California truck feud heats up Truckers stir fight with terminal operators by filing last-minute legislation covering equipment detention fees and idling at ports.
CP Ships says worst is over Chairman calls restatement "a major blow," but says fundamental business remains strong.
CP Ships mulls vessel re-deployment as stagnant Atlantic trades hits returns CP Ships is planning to re-structure its Atlantic services the company said today following its declining returns on the routes from Europe to the US and Canada.
CIMC's bond with steel manufacturers contributes to profit growth Demand growth and close relationships with steel suppliers have helped Shanghai- box manufacturer China International Marine Containers (CIMC) achieve a 178% year-on-year increase in H1 net profits as steel prices surge.
"Transgard" converted to vehicle carrier Åland-based Bror Husell Chartering has entered a 10 year charter contract with UECC and will convert the ro-ro ...
Crystal Pool orders ice-strengthened chem carriers Finland's Crystal Pool has ordered two ice-strengthened, 10,000-DWT chemical carriers. the vessels will be built in south Korea ...
OVDS faces new problems Ofoten og Vesteraalens Dampskibsselskap (OVDS) faces a mountain of problems after being convicted of embezzlement of government subsidies. The Norwegian ...
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