Singamas posts 60% fall in '06 earnings THE world's No 2 shipping container maker, Singamas, hopes to sell 20 per cent more containers in 2007, after capacity increased by about half to 1.25 million TEUs, a senior executive said on Wednesday.
Ship prices expected to hold at record highs for two years HYUNDAI Heavy Industries Co, the world's biggest shipbuilder, and its competitors will be able to keep charging record-high prices for at least two more years because rising demand has outpaced supply, shipowners said.
Aussie coal harbour logjam worsens THE queue of ships waiting to load at Newcastle, Australia, the world's largest coal-export harbour, lengthened to a record 71, increasing delays and raising costs for producers and buyers of the fuel.
China to implement new rules for shipbuilding sector this year
Pride of Hawaii to be removed from Hawaii market NCL cites downward pricing pressure and foreign flag competition as the reasons for the redeployment.
Sea Diamond owners declined emergency service SHIP'S classification society Det Norske Veritas says offer of emergency response service was turned down.
Singamas shares tumble as profits slump WORLD'S second largest box maker sees share price tumble by 3.89% after the firm posted a 59.7% slump in net profits.
NCL slashes Hawaii fleet MIAMI 11 April ' Norwegian Cruise Line (NCL) is pulling one of its three US-flag ships from Hawaii in the face of severe losses
Iran's oil output now 4.3M bpd IRAN produced an estimated 4.3M bpd of crude oil worth $51Bn during the year March 2006-2007, according to the country's oil minister
Canada clarifies US LNG opposition THE PREMIER of New Brunswick is arguing that Canada is not blocking access to two proposed US LNG facilities because of 'energy protectionism'
Hostile takeover sees terminal blocked A FINNISH feeder operator's terminal in St Petersburg has been paralysed by a road block stopping trucks getting in or out, and thought to be spurred by takeover action
Panama Canal publishes revised proposal delaying toll hikes Panama Canal Authority officially delays implementation of higher charges after consultations with industry.
Trans-Pacific rate hikes fall short of carriers' goals
New strikes hit Canadian National after union vote
Port workers refuse JICT-TPK Koja merger at Tanjung Priok A terminals merger at Indonesia's Tanjung Priok Port, billed as a means of creating a cost-effective national hub, has been rejected by port workers, who fear consolidation.
CN rail workers resume strike action
Criticism for Melbourne's SEES review panel
Healthy imports/exports shield Gwangyang from transhipment fall in Q1
Heung-A intra-Asian network extends with east coast Japan call
Service changes feed business to the charter market
Container maker's 2006 earnings worse than expected
Ocean Wilson Holdings plans IPO on Brazil-based holdings
Coustas keeps mum New York-listed Danaos says its customers have prevailed upon it to quit disclosing the specifics of charter deals.
DryShips confirms George Economou's Nasdaq-listed DryShips has confirmed two transactions reported two weeks ago.
Excel reveals off-hire A collision with a Good Faith panamax has put one Excel panamax off hire while another has won a new two-year charter.
Jo too EC taps second shipowner with charges of customer allocation and bid-rigging.
... and Stolt makes three Stolt-Nielsen says it still qualifies for leniency in the EU despite today's formal charges of price fixing with Odfjell and Jo Tankers.
K-Sea beefs up on West Coast Tim Casey's K-Sea Transportation has added a tug for its West Coast operations.
Titan sells bull Korea Line snaps up Titan Taurus as its former owner shifts strategy.
EC moves on Odfjell Chemical tanker operator receives price-fixing complaint from commission after four-year probe.
Wilhelmsen takes Eidsiva stake Oslo owner pays over market price to secure 22% share of fellow car carrier.
Stowaway false alarm The port of Halifax went on high alert for a flood of illegal immigrants that never happened.
Tanker grounds off India Lightering considered as Mercator Lines-operated MR tanker grounds on sand outside Paradeep.
Punita re-float underway Lightering of Mercator-lines products tanker continues off India as it is revealed to be carrying 45,000 tons.
Aloha and goodbye Substantial losses force NCL to redeploy Pride of Hawaii in Europe from 2008.
Stolt declares at SLS Quartet of tanker options firmed up at Korean yard as SNTG takes its newbuilding tally there to twelve.
Skaugen down again First-quarter profit at Norwegian owner eroded by high charter costs, dry-dockings and falling revenues.
Manager mum after tanker blaze Fire onboard Malta-flagged chemical tanker off Ireland sees Polish manager go cold.
ACM joins LTBP London Tanker Brokers Panel expanded to six with admission of recently-listed ACM Shipping.
Quintana fixes out Cape US bulker outfit confirms deal with board directors and a five-year charter for the newbuilding.
Shaken AND stirred Ex-Bond actor Pierce Brosnan and neighbours happy after proposed US LNG terminal is rejected.
AUX upgraded Italia Marittima and ZIM add New York stop to Far East ' US service, providing express link from China.
Scandlines ferry hit the quay in Gedser The Scandlines ferry Kronprins Frederik had an accident during the approach of port of Gedser yesterday. During the approach the ...
Solstad in hostile bid for Rem Offshore Solstad Offshore in Skudesneshavn in Western Norway has now put around NOK 2.0 billion on the table in a renewed ...
Oil prices firm after US inventory report Latest drop means gasoline stocks have plunged 12% in the past nine weeks.
Back to basics as Fratelli Cosulich marks 150th anniversary Bunker tankers mark return to shipowning for family firm which aims for larger role in Singapore.
EMERA & IPBCC raise bunker charges Review of bunker costs prompt raised surcharges for cargoes from Middle East and Asia to Europe.
Rotterdam market tight, prices rising
Singapore prices rebound Singapore bunker prices maintain slight competitive edge over Malaysia's Port Klang.
Singapore: UBT moves to new office
Korean marine fuel imports on the cards Some refiners, however, maintain that cargo imports for the marine fuel market is 'prohibited'.
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