Sweden's Arlington Tankers is latest to go for NY listing NEWLY formed Arlington Tankers, jointly owned by Sweden's Stena and its affiliate Concordia Maritime, is the latest move by the shipping world to list on the New York bourse.
Middle-East oil-product tanker rates at 3-yr high THE cost of shipping jet fuel and other so-called clean petroleum products from the Middle-East to Asia rose to the highest in more than three years as oil companies in China and Japan increased purchases of kerosene and gasoline to build inventories for winter demand.
Hyundai Mipo wins orders for 9 tankers HYUNDAI Mipo Dockyard Co, an affiliate of the world's biggest shipbuilder Hyundai Heavy Industries Co, said it received orders to build nine chemical tankers for three companies.
Octel claims breakthrough in fuel oil testing Bunkering industry stands to benefit from breakthrough in the science of predicting the stability of heavy fuel oils, offering portable, easy to use equipment.
ARA supply improves as oil major returns A supply squeeze in Antwerp improved this week with the return to the regional trade and spot market of oil major Total.
Rotterdam bunkers steady, congestion grows
Q3 profits soar as SPC celebrates 35th anniversary Singapore Petroleum Company (SPC) celebrates its 35th anniversary today, and the listed company also has cause to celebrate its Q3 results reported today.
China still set to see record fuel oil imports Despite continued falling fuel oil imports into China this month amid high prices, the country is already close to breaking a record for annual imports.
Cracker investment could see fuel oil prices rise Investments in crackers to produce high value light products could see fuel oil supplies dwindle and prices rise.
Stena and Concordia are latest runners in the New York share offering race STENA of Sweden is set to become the next shipping group to undertake a tanker company initial public offering in New York.
New contracts boost SBM's order book by $725m IHC Caland's Monaco-based subsidiary, Single Buoy Moorings, has clinched three offshore contracts in Brazil, Turkmenistan and India, expanding its order book this year by $725m.
Hyundai Mipo cashes in on Middle East exports boost HYUNDAI Mipo Dockyard has taken advantage of ambitions in the Middle East to boost export capacity by raking in orders for nine more product and chemical tankers, in two deals worth a combined $346m.
CMA CGM plans to build new headquarters - again FAST-expanding CMA CGM has announced plans to build a new headquarters in Marseilles just two years after inaugurating its existing head office in the Mediterranean port.
Italy agrees to take in stowaways THE drama of 13 Turkish Kurd refugees, who had hidden in a container, has ended with Italy finally agreeing to take in the illegal immigrants
NYK clinches China Oil charter NYK has inked a long-term charter with China Oil said to be the first such agreement for a Chinese oil company
Korea Line sells stock to Daewoo KOREA Line has fortified itself against possible takeover attempts by selling seven per cent if its equity to friendly investor Daewoo Shipbuilding
Tidewater figure less than forecast TIDEWATER, the US offshore giant, announced net second quarter 2004-05 earnings at $16.3M, a little under analysts forecasts
Philippines single-hull ban opposed THE Philippines' Maritime Industry Authority (Marina) is planning to ban single-hull oil tankers in the domestic trade with effect from 2008
UK cruise line takes Silja's Walrus TRAVELSCOPE, the UK tour operator, will expand its cruise activities through the charter of a 580-passenger vessel from Silja
Australian review proposes end to anti-trust immunity Australia's Productivity Commission (PC) has called for an end to anti-trust immunity for liner services, in what is being described as a 'shock reversal' of the last review, in 1999.
Rotterdam rues costly crude calculation The Rotterdam port authority is facing claims totalling about €230 (US$290.46) million to refund 'disproportionately high' harbour dues for crude oil tankers.
Swire sets up ANZ trans-Pacific challenge
PSA's Ng Chee Keong announces retirement
Cosco aim at 600,000TEU capacity within five years
CN Rail's China offices to target N. American imports
"Prestige" claims at close to USD 1 billion A total of 927 claims totalling EUR 763.5 million (USD 961.8 million) has so far been received after the "Prestige ...
Concordia keeps profit forecast Excluding the effects of the Arlington Tankers deal, Concordia Maritime expects a pre-tax profit of SEK 170 million for ...
Stena Sphere floats shares in New York Stena Maritime AG and Concordia Maritime, an affiliate to the Stena Sphere, has formed a new tanker company, Arlington Tankers ...
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