Keppel unit clinches four orders worth $350m The marine sector remains buoyant as orders continue to pour in.
Japanese shipyard June orders up 3% New ship construction orders at Japanese yards rose more than 3 per cent in June versus the previous month, but a lack of dockyard capacity continues to cap orders.
Exxon, Shell hire tankers to ship Saudi oil to Asia ExxonMobil Corp, the world's biggest oil company by market value, and Royal Dutch Shell Group's Asian oil trading unit are hiring one tanker each to ship fuel oil from Saudi Arabia to the Far East, a shipbroker said.
Nippon Foundation maps out Malacca funding NIPPON Foundation to set up fund of up to $2.5m annually to pay for navigational aids in the Malacca Straits.
Strait fund talks sought
Offshore rig giant plans billion dollar merger OFFSHORE drilling rig owners Transocean and GlobalSantaFe merge to form a $53bn capitalised company.
Lisbon holds back EU safety proposals THE Portuguese European Union presidency puts the brakes on the adoption of three new maritime safety laws.
Why managing risk is not easy WHY is it the case that a few seafarers frightened out of their wits, or even murdered, don't make many waves?
Light fantastic PEOPLE who built lighthouses never thought of simply sticking a light on top of a pole.
RCI snuffs cruise cabin smoking Royal Caribbean International (RCI) is dramatically expanding smoke-free zones aboard its fleet in response to customer demand
Turkey votes for more of the same MEASURES to remove restrictions on shipping and the drive for higher standards are expected to continue in Turkey after the AKP party was returned to power
Star shares unloaded GAMBLING magnate KT Lim has reduced his effective ownership in Star Cruises following severe losses by Star's Norwegian Cruise Line (NCL) brand
Pirates want $1.5M for Danica White SOMALI pirates are reported to be demanding payment of $1.5M to release the Danish cargo ship Danica White and its five crew
Fesco adds 15% to share capital FAR Eastern Shipping Co is issuing 305M new shares today, with a target fund-raising of just over $200M
Stolt-Nielsen to be split STOLT-Nielsen, the chemical carrier and logistics group, has decided to split its Stolt Nielsen Transportation Group (SNTG) business unit into two separate units
Rule change proposed for OTIs New rule would sharply limit time that ocean transportation intermediary licensees will have to prove financial responsibility.
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