Cosco to form US$98m JV in Tianjin COSCO Shipping Co, a unit of China's biggest shipping company, will form a US$98 million joint venture with its Hong Kong unit in Tianjin to expand business in northern China.
CVRD to develop 'Chinamax' ships BRAZILIAN miner Companhia Vale do Rio Doce, or CVRD, is working on a shipping cooperation with China's Shougang Group to cut transport costs and make CVRD's iron ore more competitive against its Australian rivals, a senior executive said.
Tighter security standards ahead A container ship, the 'Marie Maersk', being loaded with boxes on the docks of Port Elizabeth on Monday.
Strait Talk
Classification system: takeover battle highlights its evolution THE past few weeks have been interesting ones for the observers of the classification society scene, as French-based Bureau Veritas sought to take over German-based Germanischer Lloyd.
Port Shots
Port Shots SRI Lanka on Monday unveiled a US$1.2 billion plan to expand the island's main sea port to triple its container handling capacity, the Sri Lanka Ports Authority said.
Cosco to form US$98m JV in Tianjin COSCO Shipping Co, a unit of China's biggest shipping company, will form a US$98 million joint venture with its Hong Kong unit in Tianjin to expand business in northern China.
CVRD to develop 'Chinamax' ships BRAZILIAN miner Companhia Vale do Rio Doce, or CVRD, is working on a shipping cooperation with China's Shougang Group to cut transport costs and make CVRD's iron ore more competitive against its Australian rivals, a senior executive said.
Tighter security standards ahead A container ship, the 'Marie Maersk', being loaded with boxes on the docks of Port Elizabeth on Monday.
Strait Talk
Classification system: takeover battle highlights its evolution THE past few weeks have been interesting ones for the observers of the classification society scene, as French-based Bureau Veritas sought to take over German-based Germanischer Lloyd.
Port Shots
Port Shots SRI Lanka on Monday unveiled a US$1.2 billion plan to expand the island's main sea port to triple its container handling capacity, the Sri Lanka Ports Authority said.
Cosco to form US$98m JV in Tianjin COSCO Shipping Co, a unit of China's biggest shipping company, will form a US$98 million joint venture with its Hong Kong unit in Tianjin to expand business in northern China.
CVRD to develop 'Chinamax' ships BRAZILIAN miner Companhia Vale do Rio Doce, or CVRD, is working on a shipping cooperation with China's Shougang Group to cut transport costs and make CVRD's iron ore more competitive against its Australian rivals, a senior executive said.
Tighter security standards ahead A container ship, the 'Marie Maersk', being loaded with boxes on the docks of Port Elizabeth on Monday.
Strait Talk
Classification system: takeover battle highlights its evolution THE past few weeks have been interesting ones for the observers of the classification society scene, as French-based Bureau Veritas sought to take over German-based Germanischer Lloyd.
Port Shots
Port Shots SRI Lanka on Monday unveiled a US$1.2 billion plan to expand the island's main sea port to triple its container handling capacity, the Sri Lanka Ports Authority said.
Owners back class societies over mutual recognition row SHIPOWNERS, shipbuilders and marine insurance interests have supported classification societies in their belief that the mutual recognition of equipment certificates issued by class will reduce safety.
OSG gets record $37m fine for oil offences OVERSEAS Shipholding Group has set a new record in oil dumping penalties stateside, agreeing to pay the US government more than $37m to settle a plethora of federal criminal cases.
ACP and ICS thrash out canal toll rises REPRESENTATIVES of the Panama Canal Authority have met with the International Chamber of Shipping for preliminary discussions on the issue of toll increases required to pay for a $5.25bn expansion of the waterway.
Caribbean cruises falter further MIAMI 19 December ' Pricing for cruising's "bread and butter" Caribbean itineraries continues to fall, according to a new survey by AG Edwards analyst Tim Conder.
Denholm moves up in UK agency A NEW acquisition has taken Denholm Barwil, the agency arm of the J&J Denholm shipping group, into the top three UK agency groups, DB believes
Chevron adds US refining capacity CHEVRON USA has completed an upgrade to its Pascagoula, Mississippi, refinery, increasing capacity by 10% to more than 130,000 bpd
PNG service collapse bites Adsteam SHAREHOLDERS in a short-lived Papua New Guinea ferry service are suing two Adsteam Marine subsidiaries for US$106M, reportedly alleging breach of contract
Graig safeguard against skill shortage UK-based Graig Group is seeing the benefits of being involved in more than one Asian country
Filipinos want state cargoes SHIP owners in the Philippines have urged their government to back their bid for priority in carrying state-controlled cargoes such as rice and coal
U.S., Panama reach trade pact The deal, which is still subject to talks about labor, could create a bounty for U.S. companies working on the Panama Canal's expansion.
Deltaport 'digging out from under'
CMA CGM, Hapag-Lloyd to launch second EPIC service
St Petersburg sees "big squeeze" for winter With a continuing cargo-boom and slow importer clearance-rates, containers are practically squeezing into St Petersburg, after terminals introduced container-yard "quotas".
Bangladesh opposition to strike on Thursday Bangladesh's Awami League led 14-party alliance has called for a country-wide strike on Thursday, reprising the mobilisation which has intermittently blocked the country's transport system.
Port security task force recommends user fees
OOIL shareholders approve North American ports sale unanimously
Australia-North America services improved
Wan Hai and PIL add Aden and extra capacity to FES
India to develop Myanmar port to serve northeast India
Maersk Logistics and Maersk Line could double Vietnam business after WTO entry
Russian terminal operator shareholders confirm final settlement
Brits bag nine Four out of nine ships detained by UK port-state control authorities last month were from white-list flags.
Damage report OSG stock trades flat and analysts are upbeat, but public perception harder to measure after leading shipowner is bashed in Boston.
Massive VLOC plans Brazil's Docenave is planning a fleet of 10 or more monster bulkers to serve the China ore trade.
OSG pays record $37m penalty New York owner settles three-year investigation covering 12 ships, six ports and is slammed by US for greed motive in failing to detect violations.
Gourdomichalis goodbye Founding brothers get hold harmless deal as they quit and sell shares in Nasdaq listed dry bulk operator.
PDZ pushes into Persian Gulf Malaysian boxship operator wants to cash in on growing trade to Middle East.
CSAV ships hit ITF campaign against Chilean line has netted another German-owned ship but one got away.
Sheth v Sheth Great Eastern companies battle each other for ONGC offshore ship tender.
Crew ships for Damen Dutch dredging company Jan De Nul orders three workboats from domestic shipbuilding group .
Master cleared in whale clash probe Japanese ferry captain Hitoshi Ogawa found not responsible for collision which injured six passengers in March.
Finstaship seals Shell charter Finnish owner sending two icebreakers to Beaufort Sea for oil major.
Cargill takes Triton Diana Shipping panamax chartered for up to three years plus with options for a further 13 months.
Aker takes DOF order Norwegian offshore player signs for a construction vessel at compatriot yard in deal worth $80m.
Austal worker dies from gunshot US yard colleague charged with murder after welder dies in hospital from head wound.
Navibulgar gets the cash Bulgarian state shipowner secures $70m loan to fund its three new bulkers at Varna.
Scandlines talk on a high level The final details on the sale of Scandlines, the German-Danish ferry operator, is expected to straighten out today (Tuesday ...
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