Daewoo Shipbuilding deals set new record DAEWOO Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, has received new orders worth US$3 billion so far this month, a record for monthly new contracts won by a single shipbuilder.
Carlsberg chief to take over at AP Moller-Maersk AP MOLLER-MAERSK has appointed an outsider to take charge of the huge Danish group after Jess S'derberg(left)steps down earlier than expected.
Bertram Rickmers signs for 12,500 teu tonnage GERMAN shipowner is lining up a huge containership order that includes 12,500 teu tonnage.
Investors see potential in Chinese maritime IS it hardly surprising China's maritime sector is on a roll when it comes to seeking bourse listings?
When hopes are dashed ARE the assumptions made by shippers when they blithely contract for their cargo to be delivered on a certain date unrealistic?
APM's Rasmussen ends power struggle A power struggle between Maersk Line CEO Knud Stubkjaer and APM Terminals CEO Tommy Thomsen that threatened to seriously damage AP Møller-Mærsk group is believed to have brought about today's seismic developments
Louis asks for fine to be dropped LOUIS Cruises has responded to this week's €1.17M ($1.57M) fine for polluting the waters off Santorini by describing the punishment as "entirely unfair and unfounded."
Shipping banks forced to evolve SHIPPING banks are broadening their portfolios and pushing into more non-pure debt functions to counter weakened margins caused by the explosion of finance volumes
Cheap money inflates shipping assets THE sharp disconnect between vessel asset values and their income-generating potential is being fuelled by readily available cheap financing, bankers said this week
ICG bidding in the balance THE fight for control of Irish Continental Group lies in the balance after the management buyout team raised its bid to match the offer from Doyle/One51
Salvaged tanker heading home A salvaged Indonesian edible oil tanker that was stranded for nearly a year on a sandbank off the Myanmar coast is finally on its way home
Carbon footprints across the oceans Stronger and more compelling evidence of an advancement of global warming and a less-selfish attitude towards the planet's resources has encouraged us to recycle waste, turn out lights, check that our energy usage is as efficient as practical and generally think 'green' thus ensuring our 'carbon footprint' is responsible.
Heads roll at Maersk
ICG fight ' not over until the fat lady sings?
ESPMC-WITASS members impose northbound rate restoration
Stolt nears landmark win Federal judge will take his time in antitrust ruling, but there's little doubt Stolt-Nielsen has convinced him US erred in banishing parcel owner from amnesty programme.
Asleep on the job Ferguson Transport cargoship grounded after sleeping watch officer failed to detect anchor dragging.
OSG sells out of DHT Final 10% of shareholding in spin-off Double Hull Tankers put up for sale to net $9m.
Louis fights 'unfair' fine Cypriot owner of Sea Diamond will look to have $1.57m fine from Greece cancelled.
BW sells $500m of bonds Singapore tankers to LNG group's debt issue oversubscribed more than three times.
Indonesia plots ports splurge Sea transport chief wants to develop 25 international terminals to boost trade.
Speed limit for Sydney Fatal accident probe identifies speed as main cause of tragic collision between ferry and dinghy.
Sovcomflot strikes repair deal Novorossiysk Repair Yard to win more of Russian tanker owner's Black Sea and Med business.
Irish sale for Russian ship? ITF could sell off vessel held in Ireland as crew go unpaid and charterer receives damaged goods.
Belships fixes Norwegian owner finds employment for two of five supramaxes ordered in China last month.
Soderberg retires early Maersk chief stepping down after 37 years as Danish shipping giant rings the changes, bringing in Carlsberg's top man Nils Andersen.
GO buys handymax London-listed Global Oceanic Carriers lifts fleet to six with acquisition of Turkish owned bulker.
Accident or murder? Discovery of body of missing Thai girl on Japanese bulker leads to speculation and denial of foul play.
FreeSeas ekes out a profit US-listed handysize bulker operator turns it around from a year ago to move into the black.
Hudong Heavy gets go-ahead Chinese ship engine maker wins approval for share sale to buy Shanghai yard from parent CSSC.
Ratcliffe to retire Princess chief executive set to step down on 60th birthday after 34 year career.
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