Korea keeping ahead of China shipbuilders SOUTH Korea is holding off China's challenge to its spot as the world's No 1 shipbuilding nation by building pricier ships such as liquefied natural gas carriers.
Precious Shipping's profit doubles PRECIOUS Shipping pcl, Thailand's biggest sea-transportation company by market value, reported profit more than doubled in the first quarter on a one-time gain from selling ships.
Strait Talk
Decide fuel issue with scientific study THOSE who believe decisions at the International Maritime Organisation should be taken on the basis of scientific evaluation of the options with a strong technical input from the shipping industry should have been heartened by an unusual intervention by IMO's secretary-general.
Korea keeping ahead of China shipbuilders SOUTH Korea is holding off China's challenge to its spot as the world's No 1 shipbuilding nation by building pricier ships such as liquefied natural gas carriers.
Precious Shipping's profit doubles PRECIOUS Shipping pcl, Thailand's biggest sea-transportation company by market value, reported profit more than doubled in the first quarter on a one-time gain from selling ships.
Strait Talk
Decide fuel issue with scientific study THOSE who believe decisions at the International Maritime Organisation should be taken on the basis of scientific evaluation of the options with a strong technical input from the shipping industry should have been heartened by an unusual intervention by IMO's secretary-general.
Group slams Bourbon Dolphin investigation timeframe SKAGGERAK Foundation says timeframe for investigation is unacceptable and will take too long to reach a conclusion.
Judge opens Dolphin inquiry
Nigerian crude exports hit by pipeline bombings ENI halts oil production after militants destroy three major oil pipelines.
NYK seals giant ore carrier order at Nantong NEWBUILDING is part of $334m, 20-year iron ore shipment contract with Brazil's Companhia Vale do Rio Doce.
GL upbeat about XXL boxships GERMAN class society Germanischer Lloyd is confident of gaining a foothold in the top size container newbuildins as German intersts start investing in the bigger boxships
USS newbuild price higher still JONES Act operator US Shipping Partners had given positive results in its first quarter, but admits that a problematic tug-barge project is jeopardising its financial covenants
Korea lifts US beef ban FROM next month, South Korea will start importing beef from the US again after a ban that resulted from mad cow disease
Hanjin to build shiprepair drydock in China HANJIN Shipping is building a drydock for shiprepair in China, where the company has invested $140M, according to a shipping source
Vinashin plans bond issue VIETNAMESE state-owned shipping company Vinashin is to issue bonds later this year totalling VND12Trn ($747M), to fund a massive expansion plan
BNSF plans to buy 'clean' trucks to help win approval for SoCal intermodal hub Railroad plans to buy new trucks that comply with strict anti-pollution rules adopted by the ports of Los Angeles and Long Beach.
Union Pacific exits Mexico port partnership
ILWU, employers to discuss early start to contract talks
Feds: Fort Dix plotters watched CG building
FEC Railway to go private
Customs extends mandatory truck e-manifest filing
EGL calls Apollo offer 'superior'
South Carolina breaks ground for container terminal
Seaboard Marine adds ship, Central America sailing
Crowley completes buyback Tom Crowley has successfully completed the $2,990 per share take-private of Crowley Maritime announced in March.
Pipeless OSG's latest environmental issue reported to US authorities is "not a magic pipe case," Morten Arntzen tells TradeWinds.
Vinashin wants more Vietnamese yard group pockets cash from big over-subscribed bond issue ' and has lined up an even bigger sale.
Out with the new Jinhui sells 2001-built supramax for $54m in opportunistic deal to realise huge net book gain.
GFI gets bigger US-listed derivatives broker pushes profit up 45% in first quarter as revenues increased.
BC Ferries wins sacking backing State transport minister supports Canadian owner's decision to fire three crew over fatal sinking of Queen of the North.
SCI in VLCC row Indian owner's assistant manager accuses company of paying over the odds for Daewoo vessels.
Eagle charters up Conservative Eagle Bulk Shipping is ordering a fifth supramax newbuild and has acted early to lock in three-year charters.
Ambassadors struggling Expanding US cruiseship and shipyard group hit by higher costs in first quarter.
Birka says no again Finnish ferry group rejects second offer for its seven freight vessels and one cruiseferry.
Bulkers better for Precious Thai owner adds to first quarter profit in stronger markets while selling veteran cargoships for useful gains.
Rieber rises Additions to fleet and higher charter rates see Rieber Shipping turn quarterly loss last year into profit.
AAS still in the red First-quarter loss for Aker American Shipping as revenues wait for delivery of more new units to OSG.
Big jump for Viken Norwegian tanker owner boosted by currency gains in 2006 as it posts big profit.
US Shipping profits up Extra tonnage helps US-flagged tanker owner lift revenue and income compared to a year ago.
HCI winning again German KG fund boosts first quarter profit as shipping investment cash poured in.
Good results for Götaverken Cityvarvet 2006 was a very good year for the Göteborg based shiprepair yard G'taverken Cityvarvet with a 25 increase of the ...
Dyvi to invest USD 400 mill in heavylift ship Norwegian heavylift pioneers Dyvi ' through Nordic Heavy Lift ' has ordered a USD 400 million heavylift crane vessel at Sembawang Shipyard ...
Pilot strike in Danish waters avoided A strike amongst Danish pilots has been avoided. A mutual agreement will be signed today with the Ministry of Defence ...
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