Maersk's Lindo may sell German shipyard (COPENHAGEN) AP Moller-Maersk A/S's Lindo division, which builds the world's largest container vessels, may sell its German shipyard to a local competitor to help meet cost-saving targets and return to profit.
Daewoo shipyard profit more than doubles in May (HONG KONG) Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipyard, said profit last month more than doubled as the company built more vessels at higher prices.
Aussie coal export terminal reopens (SYDNEY) Australia's Newcastle port, the world's biggest coal export terminal, reopened yesterday after closing a day earlier due to heavy seas, a port official said.
Hyundai Heavy bags tanker job
Admiralty Casebook
Wage payment is maritime activity A FIGHT on a ship between a seaman and his former employer over unpaid wages can give rise to admiralty jurisdiction, a US appeals court ruled recently, setting aside a lower court decision that the dispute had no connection to any maritime activity.
Maersk's Lindo may sell German shipyard (COPENHAGEN) AP Moller-Maersk A/S's Lindo division, which builds the world's largest container vessels, may sell its German shipyard to a local competitor to help meet cost-saving targets and return to profit.
Daewoo shipyard profit more than doubles in May (HONG KONG) Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipyard, said profit last month more than doubled as the company built more vessels at higher prices.
Aussie coal export terminal reopens (SYDNEY) Australia's Newcastle port, the world's biggest coal export terminal, reopened yesterday after closing a day earlier due to heavy seas, a port official said.
Hyundai Heavy bags tanker job
Admiralty Casebook
Wage payment is maritime activity A FIGHT on a ship between a seaman and his former employer over unpaid wages can give rise to admiralty jurisdiction, a US appeals court ruled recently, setting aside a lower court decision that the dispute had no connection to any maritime activity.
Louis to battle Sea Diamond fine CRUISE line dismayed by a move to slap it with an "unfair and unfounded" € 1.2m fine for Sea Diamond pollution.
Warrants issued over Sea Diamond sinking as passengers file lawsuit
Order relief for Lindø shipyard DANISH yard thrown a lifeline with a contract to build six ro-ro vessels.
Finance experts predict slow deflation for charter markets A SLOW deflation rather than a sudden bursting is how the current "bubble" in charter markets and ship values will meet its demise.
Cosco IPO raises $2Bn Cosco's 100 times-oversubscribed Shanghai IPO is reported to have raked in Rmb15Bn ($2Bn)
Princess' Ratcliffe to retire at 60 P&O Princess Cruises chief executive officer Peter Ratcliffe has confirmed his retirement effective 6 March 2008, prompting two top executive shifts at Carnival Corp
Dividend players in spotlight DIVIDEND-focused public companies are attracting higher investor interest, but the model has yet to be tested by a downturn, said Marine Money speakers
Tanker 'correction' anticipated MOST analysts and executives at the Marine Money conference believe drybulk rates will remain robust, but they think tanker asset values are due for a correction
Lack of tonnage leaves defence at risk THERE is no longer enough UK-flagged tonnage to support a military campaign such as the 1982 Falklands war, UK maritime officers' union Nautilus UK is warning
Vietnamese tanker drags anchor A small Vietnamese tanker dragged its anchor in a river near Ho Chi Minh City on Tuesday and hit another vessel
Cosco raises $2 billion in Shanghai IPO The Hong Kong-listed carrier will spend billions from latest share offering to add 12 container ships to its fleet.
Giant Russian shipowning company created Russia's presiden Vladimir Putin has told the md of Sovcomflot Sergey Frank that he has signed the documents needed to ...
Torm launches an incentive scheme for employees D/S Torm has launched an incentive scheme for employees for the financial years of 2007, 2008 and 2009. During ...
Maersk Line awarded shipping line of the year Maersk Line has been awarded shipping line of the year by International Freighting Weekly (IFW). The Danish carrier was choosen ...
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