Keppel to be 1st Asian shipyard to build ice-breakers KEPPEL Corporation will become the first Asian shipyard to build ice-breakers, after securing a $260 million deal for two vessels from Russia's Lukoil Oil Company, controlled by that country's second-richest man Vagit Alekperov.
China river port firm hopes to break even RIVER port operator CIG Yangtze Ports plc hopes to break even in 2007 despite tough competition, and will embark on a HK$500 million second-phase expansion in central China as early as next year.
N America grain freight rates fall, but long-term forecasts bullish FREIGHT rates for hauling grains from North America to Asia have fallen after peaking late last week, but market projections remained bullish for the long term, brokers said on Wednesday.
Admiralty Casebook
When pallets are the packages PALLETS packed within large intermodal containers are packages for the purpose of the US$500 per package limitation in the US Carriage of Goods by Sea Act , an appeals court in the US ruled last month.
Keppel to be 1st Asian shipyard to build ice-breakers KEPPEL Corporation will become the first Asian shipyard to build ice-breakers, after securing a $260 million deal for two vessels from Russia's Lukoil Oil Company, controlled by that country's second-richest man Vagit Alekperov.
China river port firm hopes to break even RIVER port operator CIG Yangtze Ports plc hopes to break even in 2007 despite tough competition, and will embark on a HK$500 million second-phase expansion in central China as early as next year.
N America grain freight rates fall, but long-term forecasts bullish FREIGHT rates for hauling grains from North America to Asia have fallen after peaking late last week, but market projections remained bullish for the long term, brokers said on Wednesday.
Admiralty Casebook
When pallets are the packages PALLETS packed within large intermodal containers are packages for the purpose of the US$500 per package limitation in the US Carriage of Goods by Sea Act , an appeals court in the US ruled last month.
US and France named in P&I club attack on anti-pollution 'bullies' SHIPOWNERS are increasingly concerned about what they see as bullying and over-reaction by some countries in enforcing anti-pollution rules.
Parliamentary ports probe to investigate foreign ownership FOREIGN ownership will be among the topics considered in a House of Commons transport committee investigation into British ports, the group's chairman confirmed yesterday.
APM looks for greater autonomy TERMINAL operator APM Terminals has confirmed that it is keeping an eye out for possible acquisitions and signalled its intention to become less dependent on its parent company, AP Moller-Maersk.
Greek owners in $6bn record newbuild spree AFTER a slow start to the year Greek shipowners have placed orders for new ships worth record amounts in the first half.
Five targeted over waste reception THE European Commission is to take legal action against five EU member states for failing to respect EU legislation on improving the availability and use of port reception facilities for ship-generated waste and cargo residues
Finnlines offloads Team Lines FINNLINES, the troubled Finnish shipping group, has sold Team Lines, its feeder container shipping division, to Belgian company Delphis
Stolt operating income on rise STOLT-Nielsen has reported improved second-quarter results and provided new updates on its legal conflicts
Borgestad joins Aker in FPSO venture NORWEGIAN industrial group Aker Kvaerner is to take a majority stake in a joint venture with compatriot Borgestad to operate FPSOs
Billy Star liability to be determined KEPPEL Batangas Shipyard might be held liable for pollution created by the sinking of the non-propelled barge Billy Star, even though the yard claims it is not responsible
Bay of Fundy Ferries seeks state aid THE operator of a ferry service across Canada's Bay of Fundy says it will be closing at the end of October unless government help is provided
Mineta calls on bipartisan support for transportation infrastructure solutions Outgoing Transportation Secretary warns the U.S. could lose its leading economic position if it does not resolve its transportation infrastructure problems.
Team Lines to diversify as Finnlines returns to 'core' with Delphis sale Finnlines' sale today of commercial feeder-operator Team Lines, to Delphis Shipping, leaves the Finnish company concentrating on other, core businesses, as the German-Belgian partners diversify their geography and, importantly, activities.
Spoornet reports remarkable improvements in Jo'burg rail link South Africa's railway utility Spoornet has made dramatic improvements in efficiency, reducing the time taken to transport freight from the industrial heartland in Gauteng to Durban harbour.
Hanjin to put world's fastest boxship on Asia-Europe trade
NYK upgrades Atlantic north-south service
Agulhas 'grounded' on previous wreck
Yangshan boosts SIPG's throughput
Greeks order four post-panamaxes from China yards
South Korea's Daesan to build four berths
Southampton stakeholders to apply for rail-gauge funding
Vostochniy continues two-way growth dynamic: transit down, import/export up
Lineas Feeder ends three-year search with feeder purchase
Bullish prices keep West Coast quiet After a rush in San Francisco yesterday, suppliers reporting little demand in California today.
California ports and IMO in emissions race LA and Long Beach putting local measures on the agenda as IMO looking to 2007 for global review.
DOE: US oil inventory moves at a glance
New box giant ticks environmental boxes World's biggest box ship has been assigned Lloyd's Register's Environmental Protection Notation.
ARA market opens firm after crude gains
Malacca Straits remains a piracy playground Pirates attacked two UN-chartered vessels and one Japanese bulk carrier over the past week.
Singapore: Stocks of residual fuels and distillates drop Onshore stocks of middle distillates fall by nearly three million barrels from week-ago levels.
Singapore spot market slows Strong crude prices in New York expected to send bunker prices on bullish prospect today.
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