Offshore engineering R&D gets $10m boost OFFSHORE engineering research and development in Singapore was given a boost yesterday with a new research programme being set up at the National University of Singapore with research grants of $10 million over the next three years.
Cosco Pacific sees H2 profit up 29% COSCO Pacific Ltd, Asia's third-largest container-terminal operator, boosted its second-half profit 29 per cent, as China's growing trade increased demand.
Panama Canal may resist calls to delay toll hike THE Panama Canal will probably resist calls from shipping lines to spread out proposed toll increases, threatening profits for companies such as AP Moeller Maersk and Evergreen Marine Corp, analysts said.
New biometric ID cards in US ports raise concerns
Admiralty Casebook
Physical nexus test for in rem claim overturned THE Supreme Court of Canada has finally put to rest uncertainty over how a phrase in the Federal Court Act that provides for admiralty jurisdiction of a court over the arrest of cargo or any property other than a vessel is to be interpreted.
Offshore engineering R&D gets $10m boost OFFSHORE engineering research and development in Singapore was given a boost yesterday with a new research programme being set up at the National University of Singapore with research grants of $10 million over the next three years.
Cosco Pacific sees H2 profit up 29% COSCO Pacific Ltd, Asia's third-largest container-terminal operator, boosted its second-half profit 29 per cent, as China's growing trade increased demand.
Panama Canal may resist calls to delay toll hike THE Panama Canal will probably resist calls from shipping lines to spread out proposed toll increases, threatening profits for companies such as AP Moeller Maersk and Evergreen Marine Corp, analysts said.
New biometric ID cards in US ports raise concerns
Admiralty Casebook
Physical nexus test for in rem claim overturned THE Supreme Court of Canada has finally put to rest uncertainty over how a phrase in the Federal Court Act that provides for admiralty jurisdiction of a court over the arrest of cargo or any property other than a vessel is to be interpreted.
Russian mega-merger gets Kremlin green light POWERFUL ministry has thrown weight behind Russian shipping mega-merger of Sovcomflot and Novoship.
Ambitious Sovcomflot inks landmark Rosneft deal
Inmarsat moves for Stratos MARITIME satellite communications giant moves step nearer in $250m bid for leading distribution partner.
Maersk seeks partnership deal for Volkswerft DANISH giant holds talks with German yard Peene-Werft about cooperation with its own Volkswerft Stralsund.
Manpower strains 'linked to accidents' STAMFORD 22 March ' Statistics compiled by class society DNV reveal an increasing incidence of serious maritime accidents across several sectors, including tankers
Bishop blasts poaching culture RAMPANT poaching continues to exacerbate the growing shortfall of qualified officers, V.Ships, CEO Bob Bishop told the Connecticut Maritime Association yesterday
Novoship share transfer limit agreed LIMITS on the transfer of shares between Russia's state-controlled tanker companies Novoship and Sovcomflot have been agreed this week
Delhi tax savages Goa ore exports IRON ore exports from Goa, India, have recorded a drastic fall, following a new levy of Rs300 per tonne imposed by New Delhi
China wants liner groups to negotiate rate changes with its shippers Beijing unveils new rules requiring liner conferences and discussion agreements to consult on surcharge and rate changes.
Li Ka-shing: further selldown of port assets unlikely Tycoon Li Ka-shing said today that it is unlikely for flagship conglomerate Hutchison Whampoa, the parent of Hutchison Port Holdings, to further sell down its ports and other assets.
UPDATE: Grand Alliance to start Asia-Black Sea Express in June The Grand Alliance is starting a weekly Asia'Black Sea Express (ABX) in late June, following the split between CSAV Norasia and Hapag-Lloyd on the same route.
ITF resolution supports FNV Bongenoten in Smit dispute
Modern Terminals sees profits fall 4% in 2006
National Container Company regains Vladivostok position with Fesco group move
Monarch of the Fjord Entries are winging through the wires for TradeWinds' first maritime photography competition.
Morten's top ten CMA's 2007 Commodore takes a leaf out of David Letterman's book to list the joys of working in shipping.
Norway owners in the money The shipping industry is doing so well that in Norway, even the shipowners' lobby turned a net profit for 2006.
Ultrapetrol tumbles South American US market newcomer sees dry-dockings erode earnings but share price recovers after shaky start.
Lauritzen puts on brave face Danish bulker and gas carrier player is happy with 2006 performance, despite big drop in profit.
OSG whistleblowers rewarded 12 crew to pocket $437,500 each for revealing systemic and long-running oil dumping violations on US tanker owner's vessels.
Samothraki awaits lightering Eletson sending another of its product tankers to take fuel oil cargo from vessel which grounded off Gibraltar.
UK holds six in February Five general cargoships detained last month, together with high-profile Golden Ocean bulker Golden Glory.
Zim picks Samho Israeli owner to take delivery of more 10,000-teu ships in 2010 from Korean yard.
Gulf Offshore inks Aker order Norwegian yard group at centre of share sale to build two PSVs for UK offshore player.
Aker Yards goes to 2% Norwegian shipbuilder ups ownership of its shares after exit by parent Aker.
Sydney Ferries in trouble again Australian ferry hits whale-watching ship before crashing into bridge.
Fire hits Color Line ferry No injuries reported as electronic notice board causes minor blaze between Norway and Denmark.
Mexican ship caught in drug bust Authorities hail largest maritime drugs bust in US history as 21 tons of cocaine found on vessel off Panama.
Russian ministries get behind merger Economy and transport chiefs set conditions for combination of Sovcomflot and Novoship.
DNV sees casualty creep Class society blames stress and fatigue as accident rates starting to show an upward trend again.
Ball gazing has MOL upbeat Japanese giant ups 2010 profit forecast by 10% as world trade set to take off.
GA eyes new trade The four members of the Grand Alliance have set their sites on a new Asia ' Black Sea service.
Euroseas snaps up fifth boxship Greek owner pays $19.5m for 1995-built vessel owned by Gerd Ritscher.
ADB to aid Colombo Asia Development Bank agrees 25 year loan to help upgrade facilities at Sri Lankan container port.
Fire on Color Line's Peter Wessel Color Line car and passenger ferry the Peter Wessel was expected at Fredrikshavn late morning today after a fire in ...
Fatigue possible factor behind coaster collision The Danish Division for Investigation of Maritime Accidents and the Swedish Accident Investigation Board has jointly investigated the collision between ...
Reasoned opinion from EU to Estonia The European Commission has sent a reasoned opinion to Estonia for failure to respect EU legislation on better availability and ...
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