Fresh bid to draw young S'poreans to maritime jobs ANOTHER major initiative, this time led by the private sector, was made yesterday to entice more of Singapore's young people into lucrative and exciting maritime careers.
Busan port eyes overseas expansion SOUTH Korea's Port of Busan, the world's fifth largest container port, is set to follow in the footsteps of its much larger Asian competitors, PSA International and Hutchison Port Holdings, as it eyes overseas expansion opportunities in the greater Asian region.
Suez Canal transit fees up nearly 3% TRANSIT fees for ships using Egypt's Suez Canal increased on Sunday by an average of nearly 3 per cent, the canal authority said, in the second such increase in a year.
Royal Caribbean orders 900m euro giant ship
Port Shots
Port Shots THE Marseille port says it will take two weeks to unload vessels stranded at its oil terminals following a 17-day strike that ended two days ago.
Fresh bid to draw young S'poreans to maritime jobs ANOTHER major initiative, this time led by the private sector, was made yesterday to entice more of Singapore's young people into lucrative and exciting maritime careers.
Busan port eyes overseas expansion SOUTH Korea's Port of Busan, the world's fifth largest container port, is set to follow in the footsteps of its much larger Asian competitors, PSA International and Hutchison Port Holdings, as it eyes overseas expansion opportunities in the greater Asian region.
Suez Canal transit fees up nearly 3% TRANSIT fees for ships using Egypt's Suez Canal increased on Sunday by an average of nearly 3 per cent, the canal authority said, in the second such increase in a year.
Royal Caribbean orders 900m euro giant ship
Port Shots
Port Shots THE Marseille port says it will take two weeks to unload vessels stranded at its oil terminals following a 17-day strike that ended two days ago.
Brussels seeks terror cover for domestic traffic DIRECTIVE seeks to widen Athens Convention on terrorism and war coverage to EU domestic trades.
IMO paves way for cruise terror and war risk cover
Financiers warn newbuilding glut will hurt market SHIP financiers warn of overpriced assets and over supply of vessels, in contrast to the bullish outlook of Asian shipowners.
EC defends commissioner over China threat BRUSSELS says commissioner Gunter Verheugen never threatened China with trade penalties over its shipbuilding capacity.
Fincantieri posts record results TRIESTE 03 April ' Fincantieri, the Italian state-controlled shipbuilder that has been calling on the government for greater financial support for research and development, today posted a massive 16% rise in pre-tax profit to €115.7M ($154.6M) compared with €99.8M in 2005
NY/NJ port demands OOIL cash FOLLOWING the DPW sale precedent, Big Apple port bosses are now demanding $54M from Orient Overseas International Ltd. to approve its Staten Island terminal lease sale
Singapore teams up to attract talent SHIPOWNERS based in Singapore or with regional offices in the Republic have joined forces to encourage young talent into the maritime sector
Rochester finally finds ferry buyer THE City of Rochester in New York state has announced the sale of its troubled fast ferry Spirit of Ontario to Germany's Forde Reederei Seetouristik
Dutch builder K Damen bankrupt DUTCH shipbuilder K Damen, based in Hardinxveld to the east of Rotterdam, has been declared bankrupt
Strong support for Singapore arbitration SINGAPORE'S claims as an alternative dispute resolution centre has received strong backing at Sea Asia
NY-NJ port authority wants payout to approve sale of Staten Island terminal Authority asks for $54 million from OOCL parent to approve sale of New York Container Terminal to Ontario Teachers' Pension Fund.
Report: Coos Bay in running for Maersk terminal
Pacer lowers estimates
Average rates still sliding: NOL
Trailer Bridge expanding tug-barge to Dominican Republic
Cochin box terminal hit again, as trailer operators join truck strike Container trailer operators have joined the "indefinite" strike by truck operators in Kerala, aggravating the situation already hit by the suspension of rail-traffic over the Venduruthy bridge to the port.
BPA: Busan expansion needed to improve service
MSC Joanna freed
Jakarta mulls JICT and TPK Koja merger
Container throughput falls at Mumbai Port
China Shipping Industry grasps its first boxship order
Reuters: Hong Kong shipowners back move to switch from high-sulphur fuels
Stealthgas gobbles up four US-listed owner confirms purchase of three secondhand vessels and one newbuild, with affiliates involved.
Petrobras pays the piper Norwegian offshore vessel owner Acergy wins big gas pipeline-laying deal off Brazil.
Maracaibo claims another tanker Greek-operated aframax loaded with heavy crude grounds in Venezuela's notoriously hazardous shipping channel.
Fincantieri cruising Higher revenues and more efficient production see Italian yard group's annual profit rise 21%.
LNG the focus for Daewoo Korean yard wants to build even more gas carriers, because they use less steel than VLCCs.
Modec taps Cosco for conversion Shipbuilder wins $40m contract for its Dalian yard, as new panamax dock opens at Zhoushan.
Onorato takes cabotage fight to EC Moby chairman challenges new agreement between Italian government and state-owned operator with open letter to European Commission.
Baltija lines up investment Lithuanian shipbuilder to spend nearly $4m on modernising its production processes.
TBS secures funding New loan from RBS allows Joe Royce to lift subjects on Chinese newbuild programme.
Four injured in bulker explosion Three Filipinos treated for burns after suspected boiler-room blast onboard NYK Line-operated ship off Australia.
Namsos buys fish stake Norwegian ferry owner reels in 35% holding in domestic operation Norsk Fisketransport.
Another hijacking off Somalia Indian vessel and crew seized off Mogadishu as fighting escalates between Ethiopian and Somali forces.
Lindo looks to broaden appeal AP Moller-Maersk's Danish yard considering building more than just boxships as it seeks to address recent losses.
Rozen talks begin Negotiations underway to free Kenyan cargoship held by Somali pirates.
Four more for Austal Australian shipbuilder adds fast ferries to orderbook, but cannot yet name buyer.
Danish owner wins ferry deal Bornholmstrafikken to replace Samso-Linien on route between Samso and Jylland next year.
FreeSeas offloads Nasdaq listed dry bulk operator books $1.6m profit from sale of 25-year-old handysize bulker.
Rochester ferry finally sold Germany's FRS beats Euroferries to land Spirit of Ontario for Med run.
NCL suffers azipod glitch Norwegian Dawn to undergo unscheduled dry dock for repairs to propulsion plant thrust bearing.
Lunar impact NOL says trend of weakening rates may be easing, but Chinese holiday period impacts figures.
WWL wins Clean Seas Award for second time Wallenius Wilhelmsen Logistics (WWL) has won the Clean Seas Award at the 2007 Lloyd's List Awards for the company's continuous ...
Scandlines with all time high profit Scandlines A/G broke a record in 2006 when its profit reached the all time high EUR 103.1 million ' equal ...
Erik Thulin quits to establish Nomadic Shipping Erik Thulin, the Green Reefers managing director will leave the company on 15 May after 18 years to establish Nomadic ...
Contract awarded for pipeline to Fujairah Pipeline will allow oil exports to bypass Strait of Hormuz, feed new refinery.
Supplier offers alternative in Freeport FOCOL providing options for MGO supply in the Bahamas.
Shipping firm opens bunker department Team of two to look after bunkering needs of substantial global fleet.
Distillate debate on collision course again Senior Greek shipping figure slams 'misinformation' regarding emissions from ships.
ARA market continues firm
Busan port development could boost bunker sales Busan Port Authority affirms plans to attract higher container traffic and improve port infrastructure.
Soaring Dragon boosts fleet Second bunker tanker with heating devices enters Hong Kong waters.
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