Daewoo to build biggest floating dock Daewoo Shipbuilding & Marine Engineering Co, the world's third-biggest shipbuilder, said it will build the world's largest floating dock to accelerate production of container vessels as ship orders soar to a record.
Dalian may up container rates on China trade Dalian Port (PDA) Co, operator of northern China's second-busiest container harbour, may raise rates this year because government initiatives are fuelling trade in the region.
China Cosco H1 profit drops 8.4% to 968m yuan China Cosco Holdings Co Ltd, the listed flagship of the country's premier shipping conglomerate, late on Sunday posted an 8.4 per cent fall in first-half earnings, as higher operating costs outweighed revenues from improved shipping rates.
Genco prepares 'war chest' with shelf filing DRY bulk operator files with US regulators to raise up to $525m in the capital and debt markets.
Genco buys six bulkers for $336m
Platou eyes IPO NORWEGIAN shipbroker looks set to persevere with plans to become the first of Norway's leading shipbroking houses to seek a stock market listing.
Mercator Singapore plans stock listing SUBSIDIARY of India's second largest private owner plans to raise $150-200m through an initial public offering.
Alaska accident cause disputed IMC Shipping has agreed to pay $10M in fines and fees over the grounding of the Selendang Ayu, but disagreement persists on the cause of the accident
Port Klang scores $1Bn bailout A billion-dollar government bailout will provide Malaysia's Port Klang Authority (PKA) with a 'reprieve' from its financial woes
Three dead at Kawasaki Kobe THREE workers were killed at the Kobe yard of Kawasaki Shipbuilding this weekend when part of a crane collapsed
PT Arpeni unveils mega-yard plan PT Arpeni, one of Indonesia's largest shipping majors, plans to build Southeast Asia's 'largest' shipyard
Heart pills ignite bomb scare CARNIVAL Cruise Line's Celebration was delayed six hours on Friday after a passenger's heart medication alerted bomb-sniffing dogs
Union warns on Puerto Rico plan STEVEDORES are objecting to the Puerto Rico government's plan to shift general cargo terminals from San Juan to Ponce
TraPac terminal in Port of Los Angeles loses ocean carriers to Long Beach China Shipping, CMA CGM and consortium of ocean carriers depart over delay in plans for on-dock rail.
Washington state voters reject port development tax
Norwegian owners to get new tax package Norway's leftist government contemplate a move to annul NOK 20.0 billion worth of deferred taxes due from ship owners based ...
Worry of over-ordering of offshore vessels There is a growing worry that over-ordering of offshore vessels will lead to a weaker market. A number of ...
Better winds for DFDS in the first half of 2007 DFDS had a better first half of 2007 than expected. The turnover increased with some 15 per cent to a ...
Shipowner receives bunkering praise MOL singled out for 'high marks' for its eco-friendly operations.
Fuel oil tax to rise Russia increases export duty to around $97 per metric tonne.
Bunker costs eat into profits China Cosco Holdings expects high fuel and transhipment costs to continue for the rest of the year.
Fall in fuel oil exports from Iran Less product arriving in Fujairah bunker hub.
Rotterdam market firming in line with crude
Malaysian company sees growth in cargo handling and bunker operations Results show 100% growth in turnover for port operations and bunkering.
Ibiza oil leak resurfaces Sunken ferry leaking oil again after more than six weeks under water.
September Asian fuel oil influx at 10-month low West-to-East arbitrage window still closed; September fuel oil influx down from August.
Singapore keeps its competitive edge Singapore is well placed to defend its position as the world's leading marine fuel market, according to bunker players.
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