LNG fleet passes 200 mark THE global LNG carrier fleet, which passed the 200-vessel mark in April, is set to expand to 300 ships by late 2008.
Mitsui OSK to invest US$5b in 43 new dry bulk carriers MITSUI OSK Lines, Japan's second largest shipping firm, is to invest more than US$5 billion on 43 new dry bulk carriers to add to its existing fleet over the next four years.
Star Cruises to sell and lease back old vessel in revamp move MAINBOARD listed Star Cruises Ltd said it will sell one its older cruise ships from its fleet of 22 vessels for US$110 million which it will then lease back as part of its strategy of upgrading and expanding its fleet.
Tanker rates set to rise on vessel demand
Parent to take Shanghai Port Container private
Indian court allows ship to anchor; experts to check toxic material
Greeks warn new class rules 'unsafe' GREEK shipowners have repeated a stark warning that radical new shipbuilding rules will fail to produce the safer ships promised by classification societies.
Stena offers Scandlines a lifeline STENA AB has come forward as the first firm bidder for struggling Baltic ferry operator Scandlines, with a package worth up to €1bn (US$1.3bn).
Owner of Al Salam Boccaccio 98 among six charged with manslaughter by Egypt EGYPT yesterday began court proceedings against six people charged with the manslaughter of more than 1,000 passengers who died when the ferry Al Salam Boccaccio 98sank in February, court sources told Reuters.
Al Salam trial begins without accused MAMDOUH Ismail, a member of the Egyptian senate and owner of ferry operator El Salam Maritime Transport, was not in court today as the trial opened into the sinking of the Al Salam Boccaccio 98
Great Eastern demerger hits block THE demerger plan by Great Eastern Shipping Co, India's largest private shipping company, has hit a major block
Petrobras buys into Uruguayan gas PETROBRAS, the Brazilian state owned oil and gas giant, has bought 51% ' and thereby control ' of Uruguayan gas distributor Gaseba
Norway/Blue Lady to go to Alang INDIA'S supreme court today allowed SS Norway - now the 'Blue Lady' - to enter Indian territorial waters
Appledore hit by tender termination UK-based Appledore Shipbuilders will be hit hard by problems with a tender for a fisheries protection vessel
West Coast India on spill alert INDIA is on oil spill alert today as a slick continues to move northwards from the wreck of the bulk carrier Ocean Seraya towards the west coast tourist destination of Goa
Jakarta may buy back JICT and TPS Indonesia is considering buying back shares in Jakarta International Container Terminal and Terminal Petikemas Surabaya from the current foreign investors as they have failed to expand the ports as promised.
Last-minute effort to avert Chittagong surcharge With feeder operators warning of a congestion surcharge at Chittagong Port from today, efforts by local representatives to avert the levy are continuing.
TSA announces phased PSS
Rail upgrade to boost Victorian exporters
Li Shaode takes the reins at China Shipping Group
Shanghai Port plans for Shanghai and Hong Kong IPO
Off with a bang Royal Bank of Scotland's Yacht Club opener lunch plays host to star-studded line up of shipowners.
Restis strikes again The Restis Group and MISC are building 10 aframax products tankers, Victor Restis has just announced at his Posidonia party.
Acergy takes on newbuilding Former Stolt Offshore seals long-term charter for new heavy construction ship from Dofcon.
Nenaco courts new owners Shipowners are among those in talks to take an equity stake in Philippine ferry operator Nenaco or buy it outright.
Costs hurt DryShips George Economou's bulker outfit sees first quarter revenues nearly double, but profits fall.
BC Ferries workers face sack Canadian owner's staff risk chop if they don't cooperate with probe into Queen of the North sinking.
Deal of the Year result Tsakos Energy Navigation's $530m purchase of Western Petroleum's products carriers narrowly pushes Quintana bulk carrier acquisition from Metrostar into second place.
Tasmanian ferry axed Australian state scraps struggling Spirit of Tasmania service to Sydney and puts ship up for sale.
Minimal cleanup at Goa A seaman is still missing from the broken-up Ocean Seraya, but managers say pollution is less than previously believed.
BLT eyes Europe Indonesian owner's shareholders back plan to acquire tanker company for up to EUR 200m.
Tallink caves in Boycott hit Estonian ferry operator reaches deal with Finnish union to raise crew pay.
Essar sells oil terminal Indian shipowner rakes in $215m from sale of VLCC terminal and logistics company.
Three in for SSA Marine Carlyle, Macquarie and Babcock & Brown linked to bidding for largest US-owned ports operator.
Trafalgar lifts GOC stake Nearly 45% of Global Oceanic Carriers' stock is now controlled by hedge funds after latest share buy.
Iran threatens Gulf tankers Supreme leader Ayatollah Ali Khamenei says Iran will disrupt oil shipments if US attacks over nuclear programme.
GE hits de-merger snag Awkward customer holds up Great Eastern's plan to spin off offshore operations.
Incat cracks Japan Australian fast ferry builder to supply pair of high-speed ro-pax vessels in breakthrough deal.
Maersk to convert VLCC Six-year-old Ellen Maersk to become FPSO as Danish behemoth signs SGD93m deal with Keppel.
Corpus Christi reopens after spill Port operational after refineries' oil waste flows into harbour.
Alfa Laval expands Chinese facility to begin separator assembly Expansion of facility in China, clearly signals company's intention to serve the shipbuilding industry in Asia.
Piraeus: Port expansion bodes well for bunkering Piraeus recovering from decline in bunker sales, while future port growth should hold even more promise.
Singapore: Ignition Point resumes operations After re-establishing its lines of credit, Singapore supplier is in the market for cargo supply after starting up its barging operations.
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