Japanese shipyards to invest US$409b to boost output by 10% JAPANESE shipyards have announced their first capacity expansion in 30 years, pumping in US$409 billion to boost output by 10 per cent, as shipyards around the world struggle to keep pace with rising shipbuilding demand.
Korea Line to spend 630b won on vessels KOREA Line Corp, South Korea's third-largest shipping company by market value, plans to spend 630 billion won on 10 bulk carriers and an oil tanker as rising demand for iron ore shipments causes rates to surge.
China port capacity to be 8b tonnes in 2010 CHINA's port-handling capacity will increase by more than a third from levels at the end of last year to reach eight billion tonnes by 2010, the China Securities Journal yesterday quoted a senior industry official as saying.
Aframax tanker rates from Indonesia may rise
Chinese divers find 3 bodies in sunken Korean ship
Lloyd Fonds named as joint buyer of mega boxships GERMAN KG financier has jointly ordered four 12,825 teu ships with NSC from Hanjin.
NSC and Peter D'hle make quantum leap
Brussels calls for shipbreaking fund COMMISSION wants to impose levies on shipowners and set up fund to promote environmentally-friendly ship dismantling.
Lines claim victory in Vietnam THC battle FEFC member lines win 12-year battle to levy terminal handling charges for Europe-bound boxes.
Can self-contained Kogas really break the mould? THE development of a radical new LNG containment system in Korea could break the virtual monopoly held by France's Gaz Transport.
Climbing the white cliffs DESPITE the bleak forecast for the future of ferry operations, Dover is very much alive and kicking and keeps on fighting.
Clarksons promises strong defence LONDON 23 May ' Shipbroker Clarksons "will strongly defend its position" against legal action from Russian companies Sovcomflot and a subsidiary of Novoship, its chief executive Richard Fulford-Smith said at the company's AGM today
Fincantieri protesters down tools SOME Fincantieri shipyard workers laid down tools for two hours today in protest against the group's privatisation plans
Ship arrest is about 'security' ARRESTING a ship all about security, a noted maritime lawyer told an invited audience in Singapore today
Keep politics out of security: Ridge SECURITY needs must be balanced with the needs of commerce if they are to be successful, says Tom Ridge, a key architect of the US strategy on homeland security
US brings in sweeping ballast bill HOUSE Republicans yesterday introduced a bill to make US ballast water regulations 100 times stricter than IMO guidelines
Red Sea crackdown hits pilgrims SAUDI Arabia and Egypt have launched a crackdown on Red Sea ferries that fail to comply with international safety standards
Former TSA chief Pierce: End in sight for liner discussion agreements Former head of the Transpacific Stabilization Agreement also says liner antitrust immunity will be gone in five years.
Custom's Spero to retire
China to lift curbs on U.S. air cargo carriers
Loss in WTO betting case could imperil U.S. exports
Wrist Group in Swedish hands The Danish Wrist Group has been sold to the Swedish Altor Equity Partners for an unknown sum of money. The ...
Bergen Tankers orders bunker tankers Bunkers distributor and small tanker operator Bergen Tankers has ordered two 850 DWT bunker tankers at Nevskiy Shipbuilding in St ...
Husell buys Birka shares According to a statement to the Helsinki Stock Exchange, Bror Husell's share owning in Birka Line now stands at five ...
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