Drydocks unit confident despite mishaps Despite some drawbacks, Drydocks World-SE Asia remains confident that it will emerge more competitive once better work processes are in place.
Hong Kong govt to bankroll HK$7b cruise terminal Hong Kong, one of the world's iconic port cities, said yesterday it would finance a new HK$7 billion (S$1.28 billion) cruise terminal to avoid further delays after an earlier failure to find suitable investors.
MISC to keep using Gulf of Aden Malaysian shipping firm MISC Bhd is to continue using the Gulf of Aden despite having been forced to pay a ransom to recover two of its vessels hijacked by Somali pirates.
Govts get flak over piracy off Somalia coast
Oil traders line up flotilla of cargoes to the US
Strait Talk
Final call for naval action against piracy off Somalia MY intention was for this column to look at increasing challenges facing the liner shipping industry. Events have overtaken that plan as this week increasingly becomes one of crisis.
Drydocks unit confident despite mishaps Despite some drawbacks, Drydocks World-SE Asia remains confident that it will emerge more competitive once better work processes are in place.
Hong Kong govt to bankroll HK$7b cruise terminal Hong Kong, one of the world's iconic port cities, said yesterday it would finance a new HK$7 billion (S$1.28 billion) cruise terminal to avoid further delays after an earlier failure to find suitable investors.
MISC to keep using Gulf of Aden Malaysian shipping firm MISC Bhd is to continue using the Gulf of Aden despite having been forced to pay a ransom to recover two of its vessels hijacked by Somali pirates.
Govts get flak over piracy off Somalia coast
Oil traders line up flotilla of cargoes to the US
Strait Talk
Final call for naval action against piracy off Somalia MY intention was for this column to look at increasing challenges facing the liner shipping industry. Events have overtaken that plan as this week increasingly becomes one of crisis.
Asia-Europe box rates plummet to new lows CONSUMER demand continues to crumble, with the crisis compounded by the first signs of customer insolvencies.
Boxship newbuild orders fall victim to credit chaos
Fears for crude as tanker FFA's tumble BROKERS worry that crude sector may not see its seasonal fourth quarter upturn as tanker paper rates fall this week.
Pirates now better equipped than ever UNITED Nations expert says Somalia gangs armed with increasingly sophisticated technology by their land-based backers.
Shipping again rejects arms race SHIPPING organisations renewed their warnings today that more weapons aboard merchant vessels will translate into more danger ' not less ' for their crews
Canada oilsands project crimped A PIPELINE project to transport crude from Alberta's oilsands, worth C$4Bn is in jeapardy
Nine-lives Requiao back in Brazil MAVERICK former Paranagua port boss Eduardo Requiao is fighting a rearguard action to regain control over one of Brazil's leading ports
Russia to cut oil exports to Gdansk RUSSIA will reduce crude oil shipments to the Polish port of Gdansk, starting this month
Storm sinks Korean ship off China A TROPICAL storm near China's Nanji Islands has caused a bulker to capsize and sink
Croatia looks to Montenegro ships THE CROATIAN Register of Shipping has confirmed that it is discussing a plan to enable ships from Montenegro to register with Croatia
Schwarzenegger signs pilot law CALIFORNIA governor Arnold Schwarzenegger has signed legislation in response to the Cosco Busan spill that includes more oversight of San Francisco Bay pilots
Ports ready to enforce clean-trucks plan To avoid gridlock, LA-Long Beach and operators will station security personnel outside gates to turn away noncompliant trucks.
NYK's Keller pushes productivity
Report: Investor group outbids NOL for Hapag-Lloyd
Textile producers seek extension of China monitoring program
Paving the way Ministry of Shipping official says India wants more foreign investment in the country's shipping sector.
Stocks in upswing US markets recover some of the losses from Monday's freefall, and shipping shares get in on the action.
India calls Niva Shipping's Dimitris Vintiadis says Indian shipping market has yet to show its full potential.
Stolt pays up Niels Stolt-Nielsen-led parcel tanker player forges agreement with Canadian investigators to end antitrust enquiry.
Death confirmed Belize registry confirms reports that the master of a hijacked vessel died of a heart attack.
Quality time Crisis in financial markets send a message to shipowners to be less focussed on insurance pricing.
Phantom failures Commercial pressure and ineffective measures lead to the capsize of the tug Flying Phantom and the deaths of three men.
Brokers beaten Braemar and ACM see stocks punished in London, while there is mixed fortunes for Oslo-listed owners following another rollercoaster morning.
Odfjell attack Norwegian owner's chemical tanker Bow Cedar avoids becoming latest piracy casualty in Gulf of Aden.
Able go-ahead Last-minute legal bid to stop French aircraft carrier Clemenceau being recycled in UK fails.
You're not safe Offshore players warned the much championed boom in the sector will not make it immune to the global downturn.
Tanker grounds A Sovcomflot products tanker has been re-floated after running aground near Philadelphia.
Summer of love Profitable times for the pirates of Somalia leads to boom in weddings.
AET swoops Russian yard Okskaya sells three tankers once intended for Italy's Barbaro to MISC unit after scrapping original contract.
Fiori in ninja loan Italian shipowner D'Amico scoops $95m from Mizuho to pay for Japanese ships.
Offshore boom Indian owners are benefiting from the strong offshore industry according to DVB Bank's Tom Elvoy.
In the same boat It's time for Indian shipowners to be proactive if they want to avoid crew shortages says ICS Secretary General.
Piracy puzzle Don't forget to ask if the armed men attacking your ship are pirates or terrorists. It's important.
Xmas for Carroll Irish billionaire Liam Carroll can strengthen his ICG holding without spending a dime.
PST pays up Singaporean trust taps stock offering cash to pay off loan from two banks.
Hoover horror A vacuum cleaner has been revealed as the cause of the devastating fire on the Cutty Sark in London.
Casualty kills one Six others missing as South Korean ship carrying timber sinks off China in typhoon.
Precious contracts Thai bulker owner ties up five ABG newbuildings on time charters worth up to $151m over five years.
On target UK gas carrier systems company meeting first-half expectations as orderbook builds.
Pension poser South Korea's national pension fund may not bid for Daewoo Shipbuilding as global financial turmoil worsens.
Double trouble Asian bulker owners feel the pain as failed US bailout and two year BDI low hit together.
Dream sale off Cyprus cruise line Louis pulls plug on deal to acquire Star Cruises' Norwegian Dream.
John keeps buying Global economic woes not preventing Fredriksen from buying more shares in SapuraCrest.
Profits up at Jotun Morten Fon-led paints group sees 15% jump in operating profits, but warns of tougher times ahead.
Transatlantic to sell Atlantic Division Transatlantic is negotiating with a foreign buyer on a sale of the Atlantic Division. The sale includes the business activities and some of Transatlantic's owned vessels in the Atlantic service. Transatlantic has currently 12 ships within the Atlantic Division, five ...
Odfejll tanker attacked Odfjell's chemical tanker Bow Cedar was attacked by pirates in the Gulf of Aden on Monday. A speedboat approached the ship but the crew could force off the pirates by using water cannons. The pirates left the scene after 20-25 ...
Bunkers International opens new US East Coast office Bunker company announcing extended coverage of the Atlantic region.
$100 floor for oil predicted Vested interest for producers to hold prices steady.
Oil spill bills receive Governor's signature Schwarzenegger signs seven of the eleven bills in response to Cosco Busan spill, three 'landmark bills' vetoed.
Petrobras announces new procedures Changes to company's quotations and nominations, effective .
Global bunker market report
ARA prices holding up in volatile market Soft opening after Monday's steep crude fall giving way to firmer numbers at the close.
Bunker market prospects 'good' despite turmoil WFS vice president sees 'potential growth' as developing economies expand.
Two large newbuilds active off West Africa Addax halfway through fleet replacement program.
Asian bunker prices see sharp falls Volatility returns to the markets after days of relative calm.
Rotterdam barge market very quiet
Bunker operations begin at Colombo storage complex Two of the eight licensed bunker suppliers have started offering products from the facility.
Oil prices to ease in coming months But era of low oil prices is over, says IEA director.
Owner orders more 'green' ships The main engines will use the latest electronic control technology to cut bunker consumption.
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