Indon marines conduct anti-terrorism drill INDONESIAN marines launched an anti-terrorism drill in the Strait of Malacca yesterday, storming a ship to free hundreds of passengers held hostage by men posing as Islamic militants.
PPL Shipyard unveils state-of-the-art rig SEMBCORP Marine subsidiary PPL Shipyard yesterday unveiled the first of a series of 13 state-of-the-art jack-up drilling rigs based on an in-house design for its joint venture company Kristiansand Drilling Pte Ltd.
PSA unit buys 21% stake in Indian shipping JV, says ONGC official AN arm of Singapore's PSA International has bought a 21 per cent stake in a shipping venture floated by India's Oil and Natural Gas Corp Ltd and the Shipping Corp of India Ltd .
Cruise ship stranded in Malacca Strait
24 cruise ship passengers went missing in two years
Second officer responsible for fatal accident off Japan: Zim
Fears that draconian US security laws will cause container chaos LEGISLATION now before US Congress to tighten waterfront security following the political hysteria over DP World's acquisition of P&O could make inefficient US ports even slower and more congested, transport industry leaders are warning.
MCA takes aim at officers over accidents ALARMED by the incidence of accidents caused by excessive speed, lone watchkeepers falling asleep and other accidents to which poor watchkeeping has contributed, the UK Maritime and Coastguard Agency has published an extensive Marine Guidance Note to owners, operators, managers, masters and officers of merchant ships.
Owners fear Finn end of the wedge in landmark Viking Line court case A DISPUTE over flagging out by a small Finnish ferry line is turning into a major test of European industrial law.
Lloyd's set to lift profits of London insurers LONDON listed insurers with a big stake in Lloyd's are likely overall to have made a comfortable profit last year, analysts have said ahead of the reporting season, which begins today.
Trasmed rapped for replacement SPANISH ferry operator Acciona Trasmediterranea is in deep water over the unauthorised use of the ferry Ciudad de Malaga on the Barcelona-Mahon (Balearic islands) service
EU support for new LNG terminals NEW LNG terminals should be identified as a priority for Europe, according to the European Commission's latest proposals for a common EU energy policy
Carlson ditches Radisson name CARLSON Companies has rebranded its luxury cruise venture, shedding the Radisson name and unveiling the 'new' Regent Seven Seas Cruises
Europe trade 'disintegration' prompts vessel redeployment Rates on the Asia/Europe trade have 'disintegrated' so badly that at least one line is expected to redeploy its post-panamax tonnage to the Pacific, an industry source said yesterday.
Update:Industrial action hits APMT Rotterdam after negotiation stalemate Industrial action was launched at AP Moller Terminals Rotterdam last night, after the latest talks with trade unions failed yesterday, and today's morning shift is currently continuing the stoppage.
Usual navigation aids lend scant help to mixed-up market
P&O shares delisted before deal closure, as US politicians push to limit deal
NY/NJ report 7% solution
MOL Maersk slot to open the door to Montreal
Ding dong, Directive's dead
Chiwan Port to abandon bulk and become 100% container port
Pacific National indecision over Tasmanian rail continues
Out of GMR... ...but holding steady in Michael Hudner's B+H Ocean is UK-based investment fund Gandhara.
NATS nails follow-on Nordic American prices 3.75m shares at $28.50, netting $101m toward two suezmax acquisitions.
One in, one out Frontline spin-off kick-starts FPSO ambitions and lets one VLCC go.
Weighty issue for Coast Guard Greater girth of US passengers not properly addressed by port state agency, according to federal safety board probing 2004 fatal capsizing in Baltimore.
$15m man Boss Joe Pyne of Kirby Corp saw quite a payday for leading his Houston-based barge company in 2005.
Skagen likes Stolt Stavanger-based fund has built up 5% stake in Stolt-Nielsen SA, saying it considers chemical player's stock undervalued.
More Blueskys for Daewoo TMT hints at more ships to come as it confirms second LNG order in Korea.
Riga yard signs tug order Latvian shipbuilder to deliver two vessels to Riga port authority.
Pirates demand cash Owner tries to negotiate the release of Indian general cargo ship and its crew held off the Somali coast.
TMM goes it alone Mexican owner says buy-out of domestic shipping partners will boost cashflow and gave it more control over price volatility.
East meets West Emirates-based delegation set for showdown in Washington over attempts to scupper P&O deal.
Torm weathers storm Danish pool player posts healthy results on the back of volatile conditions in US.
Tallink sends fast ferry to Spain Estonian owner begins disposals ahead of new deliveries in 2007/08.
Flekkefjord wins cable contract Norwegian yard strikes deal with domestic utility company to build cable-layer.
Imarex firms up options Oslo derivatives exchange claims market first with new dry bulk product.
Lifeboat drill claims life Seafarer killed and another suffers a broken leg after safety drill on OOCL Britain in Seattle goes wrong.
Seyang goes into reverse Korean bulker owner plunges into the red in 2005 despite revenue rise.
Samsung inks block plant Korean builder launches second China hull block factory with $100m investment in Shandong province.
Stolt buys more Stolt Owner makes the most of stock slump to repurchase more shares.
Farstad to order again Norsk Hydro charter requires new platform supply ship from 2007.
NOL volumes fall Singapore liner operator sees first decline in the number of containers handled in 30 months.
DOE & API at a glance: This week's key US inventory figures US crude stocks swell while product inventories drop.
Applications developed to detect the 'wrong' bunkers UK-based firm says its suite of applications can prevent supply and use of bad bunkers and help to comply with MARPOL requirements.
Long Beach: New leases to include 'green' clauses Port authority promoting environmental responsibility in strategic plan, will include new terminal leases.
Evergreen preaches environmental responsibility Shipowner paying costs for 'green' policies, saying others should do the same.
Bearish sentiment continues to dictate Rotterdam market
Pakistan: New player enters fuel oil market Pakistani supplier hopes to double annual sales volumes with new bunker tanker.
India refuses grant of bunker sales tax exemption Bunkering terminal project managed by the Cochin Port Trust refused sales tax exemption by Kerala state government.
Singapore's Horizon Terminal to expand capacity Additional capacity will be added on top of the planned 840,000 m' by the end of 2007.
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