Hyundai Merchant in the black in Q3 Hyundai Merchant Marine Co, South Korea's second-largest shipping line, posted a third-quarter profit after surging sea-cargo volumes allowed it to charge more for carrying containers and commodities.
Daewoo wins tanker order at record price Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipbuilder, received an order to build four crude tankers at an industry record price from Vela International Marine Ltd of Saudi Arabia.
STX Pan Ocean Q3 profit surges on dry-bulk rates STX Pan Ocean Co, South Korea's largest carrier of iron ore, grain and other commodities, boosted third-quarter profit 83-fold as it moved more cargo and charged higher rates.
Vela pays record price for VLCCs Daewoo Shipbuilding in South Korea has extracted over $600M for four 317,000dwt VLCCs from Vela International Marine in Dubai
Dry shares rally on Wall Street DRYBULK shares emerged as big winners during yesterday's broad US stock market rally
Startup trips Trailer Bridge US-flag box barge operator Trailer Bridge is being dragged down by the weak startup of its new Puerto Rico-Dominican Republic service
Davie to go public in Toronto, Oslo THE company that owns the Davie shipyard in Canada plans to go public in Toronto and Oslo in the hope of raising at least $57M in fresh equity
Argentine grains to flow again ARGENTINE authorities reopened the export registers for wheat and soya yesterday
IEA warns of oil demand dip HIGH oil prices have spurred the International Energy Agency to cut its demand forecast, implying another negative for tanker trades
Matson bumps up previous fuel charge The Jones Act carrier is increasing its previously announced fuel surcharge by an additional three percentage points.
Work begins on Va.-Chicago intermodal rail route
Report: Pilot blames captain for Cosco Busan crash
Trailer Bridge profits drop
Strike hits German rail service
Lines drop Russia port fees
Freight index declines
Rail traffic inches up
Widdows: Soaring fuel costs changing shipping business
Panama Canal expansion gets environmental approval
CSDC inks handy deal Hong Kong-listed owner takes two handysize tankers in double bareboat deal.
Mixed bag for Farstad Aalesund-based offshore owner sees income rise but profits fall during the third quarter.
Row over spill continues Members of Congress plan a hearing, the Coast Guard considers new shipping rules and California continues to reel from Cosco Busan spill.
DVB does much better German-Dutch shipping bank sees nine-month profit soar despite sub-prime turbulence.
Diana net triples US-listed bulker owner walks away from the third quarter with $50.4 in profits, a 201% increase.
Rand in the red Great Lakes operator sees losses in its fiscal second quarter as strikes halted chartered-in vessels.
Thoresen shines Thai shipowner sees increased sales boost profits by 34%.
KSINC seeks guidance Indian ferry owner wants consultant to draw up 10-year plan to move into international markets.
KLC plans buy-back Korean bulker and LNG player to snap up own stock to bolster price.
Vela behind Daewoo four Saudi Arabian owner emerges as mystery buyer who inked four VLCCs at Korean Yard earlier this week.
Sasebo well satisfied Japanese shipbuilder's first-half profit soars on higher revenues.
STX takes off Korean owner's third quarter profits head into orbit thanks to booming dry sector.
Profit lighter at Hanjin Heavy Third quarter earnings fall compared to second three months at Korean yard giant.
DM Spiridon sinks Media reports from Venezuela list at least 13 cattle carcasses washing ashore after the sinking of the DM Spiridon.
Ultrapetrol posts loss Despite strong revenue growth, diversified owner's results suffer from FFA hedges and tax charges.
HMM on to a winner Double-whammy of better bulker and boxship markets boost Korean owner in third quarter.
Fredriksen feeling flush Golden Ocean sees profits triple during active third quarter for the Oslo-listed outfit.
Double tops for Ocean HeavyLift Oslo-listed offshore owner bags $40m deal to transport jackup rigs.
Eitzen Chemical pulls through Tougher third quarter, but nine-month profit healthy at Norwegian chemical tanker player.
STX surges on South Korean yard sees third quarter profits rise 20-fold.
Cars crushed on North Sea ship Over 80 vehicles battered onboard a UK-bound ferry after vessel gets caught in a storm.
BW Gas burned by rates fall Oslo-listed gas carrier owner has seen nine-month profit chopped mainly by weaker VLGC markets.
Excel excels Greek bulker owner builds fleet and profit in first nine months.
Superspeed 1 in service in February 2008 Color Line's new fast ferry, the 28 knot Superspeed 1, will start sailings between Kristiansand and Hirtshals on 8 February next year and do the crossing in 3 hours and 15 minutes. Superspeed II will commence traffic from Larvik to ...
Swedish tanker leaked diesel oil Ektank vessel Ekfors was leaking diesel oil as a result of a grounding, which occurred in rough weather at the Slagentangen refinery last Friday. The Ekfors was at anchor waiting to load a 10,000 tonne cargo,when the accident happened ...
Court rules against Fredriksen in compensation case An Oslo court has ruled against John Fredriksen's Cyprus-based investment company Geveran Trading in a case filed against the Norwegian tax authorities for a NOK 250,000 compensation for interest and currency losses incurred on late repayment of tax. In ...
Oil reverses 2-day losing streak OPEC comments and inventory worries pushing oil back up after heavy losses.
'Delays' in notifying cleanup contractor US Coast Guard says ship's crew failed to initiate timely cleanup response following San Francisco bunker spill.
Asian bunker prices tumble 'Aggressive offers' in Singapore as players try to make space for fresh supplies.
October bunker sales fall Singapore players blame high prices. Only 500 cst product sees sales grow.
Rotterdam bunkers drop in line with crude
Novorossiysk port re-opens Port resumes operations after storm, but oil shipments face delays.
EU project to plug LNG as ship fuel Massive emission reductions on offer for ships running on LNG.
New KPC barge begins service Second new 5,000 mt barge due to arrive in Kuwait mid-March 2008.
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