STX stock rises on better outlook STX Shipbuilding Co, the first South Korean shipyard to build vessels in China, rose for the first time in seven days in Seoul trading on expectations of improved earnings next year.
Winds could spread Korean slick Strong winds yesterday threatened to spread the devastation from South Korea's worst oil spill and cold weather hit already slow clean-up efforts by thousands of exhausted workers.
Admiralty Casebook
No clash in EU directive, Marpol THE European Union directive on ship-source pollution is not incompatible with the International Convention for the Prevention of Pollution from Ships (Marpol Convention), the European Court of Justice (ECJ) ruled last month.
STX stock rises on better outlook STX Shipbuilding Co, the first South Korean shipyard to build vessels in China, rose for the first time in seven days in Seoul trading on expectations of improved earnings next year.
Winds could spread Korean slick Strong winds yesterday threatened to spread the devastation from South Korea's worst oil spill and cold weather hit already slow clean-up efforts by thousands of exhausted workers.
Admiralty Casebook
No clash in EU directive, Marpol THE European Union directive on ship-source pollution is not incompatible with the International Convention for the Prevention of Pollution from Ships (Marpol Convention), the European Court of Justice (ECJ) ruled last month.
Teekay raises $190m from tanker IPO GROUP'S third successful IPO demonstrates shipping's resilience against background of a credit crunch in financial markets.
Teekay Tanker IPO promises investor value
Carnival returns to Meyer Werft for cruise duo MICKY ARISON'S company places order for two more vessels for Aida Brand showing further faith in the growth of European cruise market.
Eurogate takes stake in Ust-Luga terminal TERMINAL operator buys 20% stake in OJSC Baltic Container Terminal, the new facility that Russia's National Container Company (NCC) is building in Ust-Luga.
Strange tales of the sea IT TAKES a certain sang froid to claim that a VLCC, safely and legitimately lying at anchor, is in some way responsible for pollution.
Secret Syrian-Cypriot ferry deal alleged The illegal ferry line operating between Famagusta and Latakia, Syria, was allegedly set up by a secret agreement between the Turkish Republic of Northern Cyprus and the Syrian Arab Republic
CSIC building huge repair yard CHINA Shipbuilding Industry Corporation has started building its massive repair yard in Tianjin
Australia brings in coastal tickets THE Australian Maritime Safety Authority will introduce "near-coastal" certificates for deck and engineering officers next year in a bid to remedy the maritime labour shortage
OceanFreight gets wet DRY bulk operator OceanFreight has announced an expansion into the tanker sector through the acquisition of a 94,000dwt Aframax
Teekay scores IPO success TEEKAY Corporation spin-off Teekay Tankers has priced its IPO at the high end of the target range and listed on the New York Stock Exchange
Carnival counters RCCL/TUI move CARNIVAL Corporation has announced over $1.1Bn in fresh investments in its German AIDA brand just days after Royal Caribbean sealed a joint venture with TUI
Trailer Bridge eyes strategic options The company has hired investment bank Jeffries & Co. to examine alternatives in wake of news that the McLean family will sell its minority stake.
Homeland Security to test container security tech
LA/LB starts TWIC sign-up
LA port getting new cranes
Carriers end IDX service
San Francisco files lawsuit in Cosco Busan accident
Gov wants $100m Washington governor proposes adding $100m to state ferry budget to replace 80-year-old clunkers.
Aloha, Mokihana Controversial rebuild of Matson Navigation conro is finished, and the Mokihana has a lot of car capacity to show for it.
FreeSeas falls Owner sees its shares plunge by 10.7% as fellow US-listed dry-bulk players follow its fall.
City says no to LNG City on California's coast casts a unanimous vote against Woodside Energy's LNG terminal project.
CSDC targets capesize quartet Li Shaode-led company lining up a deal for four 300,000-dwt units.
NCC inks $392m loan Saudi chemical tanker owner gets a credit facility to fund a 10-ship order.
Aida adds two Carnival Corp orders two 2,170-passenger cruiseships for its German-speaking line.
Hubble cleared of all charges Jury unable to reach verdict on P&O ferry officer accused of causing death in accident involving yacht.
Citic takes 10 Hong Kong-listed giant buys five mini-capes and five handies at state-owned yards in China.
Nori pirate pair nicked Police forces in Somalia's Puntland region arrest two pirates after Golden Nori's release but 12 still on the run.
UACC buys big Dubai-based owner inks eight chemical tankers in $620m spree.
Sweden closes the door Inspections to check foreign ferries are operating with bow doors shut in Swedish waters.
No Christmas stuffing for Fiji Transport minister will crack down on owners who look to cram too many passengers onto their vessels over the holidays.
Aegean in pole position Big-spending Greek bunker player close to sealing $710m takeover of BORCO.
No chemicals for N Sea Spill StatoilHydro decides against using dispersants on slick from leaking loading buoy which has grown to 23 square kilometres.
Finnlines ro-ro damaged Antares sent to repair yard after hitting seabed off Finnish port of Abo.
Changjiang on target Chinese river shipping and tanker operation posts big profit in first 11 months of 2007.
MOL wants a trillion President Akimitsu Ashida says Japanese giant's capital base could reach landmark ahead of schedule.
GE bags Chinese twins Mumbai-based shipowner returns to China's Cosco Zhoushan to ink supramax pair.
Courage sells dispute ship Singapore bulker owner disposes of handysize bulker involved in $7m dispute with Dubai interests.
Petra Perdana sells two Malaysian offshore owner disposes of 1980s-built crew ships as part of fleet renewal.
Lines plan Pakistan service OOCL and Yang Ming team up to launch a new service between China and Asian subcontinent.
More SapuraCrest snapped up John Fredriksen's Seadrill continues to build up its stake in Malaysian drilling contractor.
Poor maintenance likely reason for Norwegian oil spill Poor maintenance may well be the reason for the ruptured pipe which led to 4,000 cubic metres (24,100 barrels) of crude oil escaping during offshore loaning from the Statfjord A platform creating a 25 square kilometres oil slick. The oil ...
Keel laying of the largest in the world On 11 december 2007 the first section of the first of Royal Caribbean's two cruise vessels of the new Project Genesis-type was lifted into the building dock at Aker Yards Turku shipyard. This was a true heavy lift as ...
Wärtsilä gensets for Royal Navy's aircraft carriers Wärtsilä will supply the main diesel generating sets for Royal Navy's Future Aircraft Carriers to be named HMS Queen Elizabeth and HMS Prince of Wales. The contract is worth approximately EUR 30 million and the first set of diesel generators ...
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