Cosco banks on two new areas for shipyard arm COSCO Corp Singapore, which announced its first ever oil rig contract and vessel newbuilding orders this week, expects its new focus on offshore rigbuilding and ship newbuilding to contribute 60 per cent of total revenue from its China-based shipyard subsidiary within three years.
Syed Mokhtar to inject RM1.6b project into MMC TYCOON Syed Mokhtar Al-Bukhary plans to inject a fresh RM1.6 billion port development and management project into MMC Corp Bhd, his flagship public-listed company, Malaysia's Business Times reported, quoting an associate of the tycoon.
Asian work boat exhibition poised to be 20% bigger THE fifth Asian Shipping and Work Boat exhibition, starting on Feb 6 at the Suntec City Convention and Exhibition, is shaping up to be at least 20 per cent bigger than at its previous showing in 2005.
US labour body sues over use of foreign ship parts
Admiralty Casebook
Court holds voyage charterer liable for delays in 'unsafe' port THE voyage charterer of a vessel that was delayed in a discharge port due to the grounding of two other vessels in the port has been told by an English court that it had breached the 'safe port' warranty in the charterparty even though its vessel had safely transited the channel.
Cosco banks on two new areas for shipyard arm COSCO Corp Singapore, which announced its first ever oil rig contract and vessel newbuilding orders this week, expects its new focus on offshore rigbuilding and ship newbuilding to contribute 60 per cent of total revenue from its China-based shipyard subsidiary within three years.
Syed Mokhtar to inject RM1.6b project into MMC TYCOON Syed Mokhtar Al-Bukhary plans to inject a fresh RM1.6 billion port development and management project into MMC Corp Bhd, his flagship public-listed company, Malaysia's Business Times reported, quoting an associate of the tycoon.
Asian work boat exhibition poised to be 20% bigger THE fifth Asian Shipping and Work Boat exhibition, starting on Feb 6 at the Suntec City Convention and Exhibition, is shaping up to be at least 20 per cent bigger than at its previous showing in 2005.
US labour body sues over use of foreign ship parts
Admiralty Casebook
Court holds voyage charterer liable for delays in 'unsafe' port THE voyage charterer of a vessel that was delayed in a discharge port due to the grounding of two other vessels in the port has been told by an English court that it had breached the 'safe port' warranty in the charterparty even though its vessel had safely transited the channel.
Boxship crew airlifted to safety ALL 26 crew on board a Zodiac-managed boxship listing in the Channel have been airlifted to safety on Royal Navy helicopters.
Drama in the Western approaches
Oil spill at Rotterdam CRUDE oil spill at Europe's largest port after CMA CGM container vessel slammed into an oil jetty.
DnB Nor tops lending table NORWAY'S DnB Nor has turned the tables on Scandinvian rival Nordea by becoming the leading bank in syndicated shipping loans.
MSC crew rescued from holed boxship ENGLISH CHANNEL 18 January ' All 26 crew of the container ship MSC Napoli have been picked up from their lifeboat by rescue helicopters today after they abandoned ship in the English Channel
MPC buys 29.5% stake in HCI MPC Capital, Germany's top KG house, has secured a 29.5% stake in rival HCI Capital to defend its market position against foreign competition
CelticLink's new service is delayed CELTICLINK Ferries' plan to launch a Portsmouth-Cherbourg ro-ro service in mid-January has been delayed until next month as the ship's refit has taken longer than expected
P&O plans new Dover-Calais ferries DP World-owned P&O Ferries is planning to build new vessels to replace its ageing Pride of Dover and Pride of Calais
Sealift funds heavy lift fleet SEALIFT, the heavy lift vessel operator spun off from Frontline, has completed a private placement of stock and will buy four single-hull Suezmax vessels from Frontline
Messina: third captain to be called ITALIAN police investigating Monday's collision involving the commuter ferry Segesta Jet and the container ship Susan Borchard are to question the captain of another ferry
Virginia ports top 2 million TEUs Container throughput climbed 3.2% to a record 2.05 million TEUs in 2006, pushing volume over the two-million mark for the first time.
NW European storms leave navigational casualties in their wake Northwestern Europe's storms have caused a string of navigational casualties, including a potential record oil spill for Rotterdam after a containership crashed into an oil-jetty, and a crew forced to abandon their damaged ship.
HMM blames high fuel costs and weak rates for sharp profit fall Hyundai Merchant Marine recorded a 79% fall in operating profit last year, while net profit plummeted 70%, to KRW114bn (US$122m).
SYMS to launch Dalian-Osaka-Kobe loop
Taiwan's FPMC expands fleet on Mainland China-Taiwan trade
Shanghai's Yangshan to push first step of e-bill of lading
Containerisation boosts Chittagong boxes, despite politics and operational problems
Codesp confused as Santos tariff reductions project a mixed growth picture
Pacific Northwest ports see slump in growth as services and volumes return south
Concordia lost dispute with US company Concordia Maritime has lost a dispute with a subsidiary of the Halliburton group in the US. A court in London ...
Tallink demands apology from union According to Swedish and Finnish media, Enn Pant, chairman of the Tallink Group demands an apology from the Swedish seafarer ...
Norwegian gas ferries pollute more Three Norwegian gas ferries, now being introduced in Western Norway, will pollute three time as much as the four conventional ...
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