PSA begins building new berths at Pasir Panjang Terminal PSA Corporation began work on three new container berths at its Pasir Panjang Terminal last week, as Singapore's largest container handler continued to forge ahead with its accelerated expansion in order to keep up with surging global container demand.
Emirates line in China-ME box service CONTAINER carrier newcomer Emirates Shipping Line will launch a new service linking China, South-east Asia and India to the Middle East from next month.
NOL's Sept container revenue drops 10% NEPTUNE Orient Lines Ltd , which operates Asia's fourth-largest container shipping company, had a drop in its September average revenue, a seventh straight month of decline, as more ships started service.
TUI shares up amid break-up reports
Sea Containers files for Chapter 11
In the calm after the storm
Port Shots
Port Shots MITSUI OSK Lines Ltd said yesterday it was ordering four very large gas carriers from Mitsubishi Heavy Industries Ltd and Kawasaki Shipbuilding Corp.
PSA begins building new berths at Pasir Panjang Terminal PSA Corporation began work on three new container berths at its Pasir Panjang Terminal last week, as Singapore's largest container handler continued to forge ahead with its accelerated expansion in order to keep up with surging global container demand.
Emirates line in China-ME box service CONTAINER carrier newcomer Emirates Shipping Line will launch a new service linking China, South-east Asia and India to the Middle East from next month.
NOL's Sept container revenue drops 10% NEPTUNE Orient Lines Ltd , which operates Asia's fourth-largest container shipping company, had a drop in its September average revenue, a seventh straight month of decline, as more ships started service.
TUI shares up amid break-up reports
Sea Containers files for Chapter 11
In the calm after the storm
Port Shots
Port Shots MITSUI OSK Lines Ltd said yesterday it was ordering four very large gas carriers from Mitsubishi Heavy Industries Ltd and Kawasaki Shipbuilding Corp.
Sea Containers fights to stay in business CONTAINER leasing, ferry and train operating activities of crisis-ridden Sea Containers will be unaffected by the group's weekend decision to shield itself from creditors through a US bankruptcy court order.
TOP out to rebuild tanker fleet says Pistiolis NASDAQ listed suezmax and product tanker operator TOP Tankers has begun talks with shipbuilders, even as it continues shedding tonnage from its existing owned fleet, writes Nigel Lowry in Athens.
Stoltenberg and Blair open Langeled gas pipeline BRITISH and Norwegian leaders have officially opened the Langeled pipeline which will bring more Norwegian gas to the UK and help stabilise gas markets in the long term, writes Martyn Wingrove.
Insurance and crew bills account for further rise in ship operating costs SHIP operating costs have continued their inexorable rise, albeit at a more modest pace, according to the latest report by leading shipping accountant Moore Stephens.
MCA advertises for 'inspiring' chief executive BRITAIN'S Maritime and Coastguard Agency is seeking a new chief executive, just months after the sudden departure of Captain Stephen Bligh earlier this year.
CMN makes last ditch tender plea FRENCH ferry operator CMN has asked a court in Bastia, Corsica, to cancel the tender procedure because it believes the company has been discriminated against
Iran to fund shipbuilding expansion IRANIAN politicians are pushing for an investment fund to promote the country's shipbuilding industry
ConocoPhillips pays Puget spill fine CONOCOPhillips and its subsidiary Polar Tankers have agreed to pay a $540,000 fine related to a 13 October 2004 oil spill in Puget Sound, Washington state
HMM to issue shares to fund takeover Hyundai Merchant Marine has announced a share-issue to raise KRW300bn (US$316.5m), to buy out a Hyundai company which holds 10% of HMM, and whose creditors are planning to sell out.
Hong Kong: Can halving river entry fees lure PRD cargo?
Chittagong Port navigation still restricted
Santos Brasil's shares float higher in first day's trading
Gwadar Port re-tender will open the door for GTO competition
UK railcos continue calculating after 'disappointment' of aid scheme confirmed
APM Terminals on verge of signing Bahrain deal
Honolulu customer reports 'minimal impacts' from earthquake
COSCO's grant plan in Greece halted by EU antitrust regulations
Panamax meets panamax Traffic is not impeded on the Mississippi after a Goulandris Brothers bulker allided with the anchored Torm Anholt.
Outperform for Diana Wachovia is initiating analyst coverage on Diana Shipping with an outperform thanks to its charter exposure.
Philly cuts steel Kjell Inge Rokke's Aker Philadelphia Shipyard has cut steel for a fourth Jones Act products tanker.
TEN locks in $16m Another profit-splitting charter on an ice-classed newbuilding guarantees $16m in revenues.
Cylinder failure grounded Ayu US investigation concludes IMC bulker grounded in 2004 because of engine problems, resulting in deaths of six crew after rescue helicopter crashed.
PNSC puts finance in place Pakistan's national carrier has secured loan to buy two aframax tankers and a panamax bulker.
Qatar Nav down 17% Profits for Doha-based owner drop ahead of $100m feedership order.
I'm not bailing, says Panagopoulos Attica chairman says claims he has sold his 40% stake in ferry operator 'totally unfounded'.
Edco free to go Beleaguered Egyptian bulker sails from Charleston after roumoured sale to Greek owner.
Silja swells Tallink numbers Estonian ferry operator's annual passenger figures increased by acquisition of Finnish line in June.
Sea Containers seeks protection Ferry group files for Chapter XI bankruptcy cover after missing $115m bullet payment.
Mackenzie optimistic Sea Containers chief says Chapter XI move made to fend off individual actions from creditors, and restructuring within reach.
TUI looks for help German tourism giant wants regional government to become investor to avoid sale of boxship arm Hapag-Lloyd.
Record fine from French court Egyptian captain and compatriot operator fined EUR 500,000 for oil slick from ro-ro spotted off Brittany in May.
Siba makes Brave move Italian owner launches Singapore office with two handymaxes bought from the Vafias family.
HMM in share sale Hyundai Merchant Marine to sell KRW 300bn of new shares in latest nod towards purchase of compatriot construction company.
Davie deal goes through Teco of Norway completes purchase of Canadian yard, ending weeks of uncertainty about its bid.
Ship sinks in Black Sea Three dead and seven rescued as Comoros-flagged bulker 'Magic' sinks off the Turkish coast.
MOL ties up seven VLGCs Japanese owner expanding presence in LPG market in a big way with newbuilding and charter deals.
TTA confirms bulker buy Chinese open-hatch handymax Beautiful Queen (built 2002) goes to Thai owner for $37m.
Second ferry for Papua? Fresh from charter of Philippines ro-ro, PNG-based Peninsula Shipping Lines mulls bringing in another vessel.
PSA sees volumes rise Singapore's dominant container terminal operator has just reported a 6.4% year-on-year increase.
Record along Emma Mærsk's maiden voyage The container giant Emma Mærsk has broken several records on her maiden voyage to the Far East with turnaround in ...
AHTSs booked at NOK 1.6 million per day North Sea dayrates for modern anchor handling tug supply vessels (AHTS) have quadrupled in just over one week. According to ...
FPSO conversion for Frontline's Front Puffin John Fredriksen-controlled Frontline has contracted Singapore-based Keppel to convert its 112,000 DWT shuttle tanker Front Puffin to a ...
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