Shipping lines raise 2006 capacity 14%, fastest in 6 years AP Moller-Maersk and 407 shipping lines increased their capacity to move containers 14 per cent in 2006, the fastest pace in six years, as trade expanded, data from Containerisation International showed.
Greek ship owners spend record US$14b SHIPOWNERS in Greece, the biggest ship-operating nation, placed a record US$14.3 billion of orders in 2006 amid optimism about the outlook for freight rates, especially for dry bulk, broker George Moundreas & Co said.
Hyundai Heavy expects record sales but orders to decline HYUNDAI Heavy Industries, the world's largest shipyard, expects sales to rise to a record this year as it builds more vessels ordered when ship prices rebounded from a 10-year low.
Samsung Heavy's orders may fall 21%
Daewoo Shipbuilding sees this year's orders matching 2006
Strait Talk
Learning from Indon ferry sinking THE plan was to look ahead this week, to see what the New Year has in store.
Shipping lines raise 2006 capacity 14%, fastest in 6 years AP Moller-Maersk and 407 shipping lines increased their capacity to move containers 14 per cent in 2006, the fastest pace in six years, as trade expanded, data from Containerisation International showed.
Greek ship owners spend record US$14b SHIPOWNERS in Greece, the biggest ship-operating nation, placed a record US$14.3 billion of orders in 2006 amid optimism about the outlook for freight rates, especially for dry bulk, broker George Moundreas & Co said.
Hyundai Heavy expects record sales but orders to decline HYUNDAI Heavy Industries, the world's largest shipyard, expects sales to rise to a record this year as it builds more vessels ordered when ship prices rebounded from a 10-year low.
Samsung Heavy's orders may fall 21%
Daewoo Shipbuilding sees this year's orders matching 2006
Strait Talk
Learning from Indon ferry sinking THE plan was to look ahead this week, to see what the New Year has in store.
Fincantieri clinches €535m order for Carnival cruiseship ITALIAN state-owned shipbuilder Fincantieri started the new year with a bang, securing a €535m ($704m) order from favoured client Carnival Corp for a 116,000-tonne cruiseship.
Ferry survivors rescued from oil platform TWELVE more survivors of the weekend's Indonesian ferry disaster were rescued yesterday after they made it to an unmanned oil platform, but hopes are fading for more than 400 passengers who are still missing.
Police search QE2 after passenger disappears BRITISH police have launched an investigation into the disappearance of a German woman reported missing from Cunard's Queen Elizabeth 2 on New Year's Eve.
Greek ports count cost as unions halt strike for dialogue GREECE'S two major ports are counting the cost of nearly two months of labour disruption after a deal between the government and unions enabled the ports to resume a semblance of normal working yesterday.
Carnival orders yet again CARNIVAL Corp continues its bullish newbuilding pace, announcing a fresh order for a P&O post-Panamax at Fincantieri
India close to $12.5Bn LNG deal INDIA is close to signing a $12.5Bn deal with Australia to import 2.5M tonnes of LNG every year for 25 years beginning mid-2010
Migrant Watch: US/Caribbean A DISTURBING new trend is emerging in Florida with groups of migrants also serving as mules for drug smugglers
Star closes NCL financing STAR Cruises has infused $200M in new equity into subsidiary Norwegian Cruise Line and secured a $610M credit facility for its North American brand
Indonesia's government warns on Java Sea weather Ro-ro vessels are being forbidden to cross the Java Sea this week while other ships are advised to avoid it because of the bad weather, says Indonesia's Transportation Department.
DHS issues final rule on TWIC The US Department of Homeland Security has issued its final rule on the Transportation Worker Identification Credential, which was mandated in the SAFE Port Act passed last year.
Continuing charter activity to stretch the have/have-not divide
Bangladesh disruptions to continue, with renewed election strife
CSCL, Sinotrans to swap slots on China-Philippines loops
Newbuild slams Kiel locks An Odfjell tanker headed for its first cargo did millions in damage entering the Kiel Canal -- one of three incidents in a week.
Carnival orders again New $706m signing at Fincantieri sees delivery date of December's order bumped back a year.
Cobelfret ups order Belgium's Cobelfret has added two to its series of con-ros on order at Flensburg.
Marenave makes its move Konig & Cie's public fund snaps up a second products tanker from Cypriot owner Interorient.
Piraeus port strike ends Agreement struck between port authority and Greek government not to discuss privatisation with potential suitors in next few months.
MCA picks charity chief New head of UK safety body will come from outside industry.
Essar gets nod to delist Shareholders give green light at EGM for shipping giant to walk from Mumbai Stock Exchange.
Leak threat in Scotland Salvage mission underway after attempts to re-float German ship taking on water in UK river fail.
Woman missing from QE2 Passenger reportedly goes missing from Cunard cruise liner during New Year festivities.
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