New courses to boost S'pore's maritime industry talent pool THE government yesterday announced more tertiary-level programmes aimed at increasing Singapore's talent pool for the high value-added and knowledge-based sectors in the maritime cluster.
Yusen to fund expansion with loans, reserves NIPPON Yusen KK, Japan's largest shipping line, said it will fund a one trillion yen fleet expansion mostly through bank loans and existing reserves rather than issuing stock to avoid diluting shareholders' equity.
China's top port builder in US$2b IPO: source CHINA's top port builder, China Communications Construction Co, started pre-marketing an initial public offering yesterday worth up to US$2 billion, a source familiar with the deal said.
Shipping lines to reduce capacity on seasonal demand
BV faces rejection as key GL investors shun bid BUREAU Veritas' audacious takeover bid for rival classification society Germanischer Lloyd is expected to be rejected by at least one group of shareholders for a third time, it has emerged.
De Piedelievre upbeat despite cool reception BUREAU Veritas' offer for Germanischer Lloyd is not far short of €500m ($640m), the chief executive of the French company has confirmed to Lloyd's List, writes David Osler.
Clarksons 'agrees $1.5m Abu Dhabi settlement' SHIPBROKING group H Clarkson has agreed to an out-of-court settlement over a disputed container market analysis rather than be drawn into a long trial, writes Janet Porter.
Barber-Smith Bell crewing launched MANILA 15 November ' Barber Ship Management has reached an out-of-court settlement with its former Philippine manning agent NDF International, which has enabled the company to secure its joint venture with Smith Bell group
Sovcomflot confirms audit dates SOVCOMFLOT has confirmed to Fairplay that the audit of the company by the Accounting Chamber of the Russian Federation will now also cover 2005
Oceania Cruises buys its fleet OCEANIA Cruises has purchased the three vessels it previously operated through a long-term lease agreement
Crew rescued as veteran coaster sinks EIGHT seafarers were rescued from their veteran cargo ship early on Monday morning when it broke in two and sank off the Argentine port of La Plata
Brazilian shipbuilding champion beached WAGNER Victer, Rio de Janeiro state secretary for Energy, Shipbuilding and Petroleum, will move in January to head the state company for sewage and waterworks
Bulls, bears split over tanker forecast TANKER bears and bulls defended their sharply divergent forecasts once again at yesterday's Marine Money forum in Coral Gables, Florida
Georgia, S. Carolina plan chassis pool The port authorities of Georgia and South Carolina, carriers, to form a common chassis pool for the U.S. Southeast region.
NIT League plans OSRA survey on confidential contracts
Rotterdam unions to ECT: re-negotiate or else Trade unions in Rotterdam tonight issued ECT with an ultimatum, to agree to renegotiate the in-principle agreement previously struck, or new strikes will be a serious option.
New World Alliance makes bigger than expected slack-season ship withdrawals The New World Alliance is making bigger than usual slack-season capacity cuts as the supply-demand gap is widening.
Signals of weakness affect charter market sentiment
India concessions to be finalised, opening inland market to compeition
News analysis: Russian transport integration goes vertical again
Indonesia to rename Lamong Bay to attract investors
Shipyard investment will boost Indian box shipping
Updated: Private equity makes another move, with drink logistics purchase
New DFDS liner named in Bergen The new DFDS cruiseferry has been named Princess of Norway at a ceremony in Bergen last week. The ceremony was ...
Green Reefers expands capacity Bergen-based reefer owner/operator Green Reefers is expanding capacity with another 20 second-hand units from Seatrade, Caiano and others at ...
Big Apple bunkering New York's bunker sales have been expanding, but the port is still vulnerable to the vagaries of the arbitrage market and competition is tight.
Dan-Bunkering appoints new Sales Director Middelfart sales team will be divided in two.
Leading bunker player warns against switch to distillates BP Marine's director Environment & Sustainability says proposed changes could be "the beginning of the end of the motor ship".
Singapore market tumbles as buyers hold off Supplier says bunker volumes have been "uncharacteristically poor".
Another contender in talks for Kochi bunkering terminal India's largest private company is contender to set up international bunkering terminal at Kochi.
Rotterdam market stable Wednesday morning
Net profit down 69% for Asian shipping firm Thailand's biggest container shipping firm suffers losses from lower freight rates and higher bunker fuel bills.
Gulf OPEC members favour oil prices at $55-60 But further cuts by OPEC 'remain on the cards'for its meeting in December.
Japanese refiners at odds with bunker players Refineries say availability in bonded market is tight, but bunker players report good supplies.
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