KepSing names second icebreaker AS the harsh Russian winter approaches, Keppel Corp unit Keppel Singmarine (KepSing) will play a part in keeping the sea passages there ice-free as it yesterday named the second of two icebreakers that it has built for major Russian oil company Lukoil's unit Lukoil-Kaliningradmorneft.
Surbana consortium is Brunei port consultant A SINGAPORE consortium comprising Surbana International Consultants and Global Maritime and Port Services (GMAPS) was appointed consultant for the detailed master plan to develop Brunei's Pulau Muara Besar (PMB) into a port-based trading and industrial area.
DP World to run Algerian port: report Dubai Port World (DP World) has agreed on a deal to run the cargo terminal in the Algerian port Djendjen, the port's managing director said on Sunday, the Algerian news agency APS reported.
US voters consider transit matrix BEYOND choosing a new president tomorrow, voters across the US will also decide the fate of $60Bn in transport infrastructure proposals
Shipping seen beating pirates alone SHIPPING does not need military force to ward off nearly all piracy, a specialist anti-piracy security company's boss declared today
Three missing after fatal sinking RESCUE operations are continuing today for three missing crewmen, with five seafarers confirmed dead after their box ship sank off a northeastern Chinese port
Economou predicts stronger market GEORGE Economou predicted today that cancelled vessel orders would combine with continued scrapping to increase demand for dry cargo vessels
Gibraltar ship routing discussed GIBRALTAR, Spain and the United Kingdom have discussed a proposal to create a new maritime traffic system for the Bay of Gibraltar
MOL plans ECSA capacity jump JAPAN'S Mitsui OSK Lines said today it plans an Asia/East Coast of South America service that will increase its capacity by about 25%
France, Spain sign pirate accord SPAIN and France have signed a new anti-piracy accord to exchange intelligence information and mutual military support
Dry-bulk charges Bulker owners move head sharply upward in a generally positive day for US shipping shares.
Big John nixes trio John Fredriksen has axed plans to buy three offshore newbuildings following shipyard delays.
Safe profits soar Safe Bulkers reports an 85% rise in profits in its first full quarter as a US-listed company.
Transam ships out Los Angeles investment firm cuts stake in Omega Navigation from 11.5% to 2% in a few months.
Lifebelt for Nemi New A rated owner set to buy Norwegian marine insurer from troubled Icelandic group.
Ballots say die Energy Infrastructure shareholders sign death warrant for blank-cheque company after failed Vanship deal.
Rates lift Tropical Caribbean shipping line's operating income rises as fuel surcharges add to rising rates.
OPCO pays off New York-listed Teekay Offshore adds 12.5% to its quarterly payout after lightering tanker play.
DryShips short George Economou-led bulker and drillship owner posts 71% rise in quarterly profit, but its not enough to impress analysts.
Last chance Poland tries to stave off end of shipbuilding at Gdynia and Szczecin by submitting new last-minute plan to European Commission.
Sister act Cecilie Astrup Fredriksen (left) joins SFI board to match twin sister Kathrine's haul of three directorships within the Fredriksen empire.
Refloat ready DryShips drilling unit to list in US within six months after being pulled from the Oslo exchange earlier this year, George Economou says.
African adventure Jan Fredrik Meling-led Eidesvik Offshore secured term work for PSV at competitive rate off Angola.
Maersk ship hit Somali pirates leave bullet holes in Maersk-owned tanker which narrowly avoids capture in Gulf of Aden.
Wei better Taiwanese bulker owner Shih Wei pushes up profit in first nine months as revenues grow.
Greek in pay row Evalend Shipping denies claim from ITF in Australia that some Filipino crew are unpaid for months.
'Dry not dead' George Economou claims spot market "standstill" will be short lived as growth of developing economies is "irreversible".
Ace axes Camillo Eitzen-owned ferry player to pull one new ship from service between Sweden and Denmark due to lack of demand.
Bulk benefits Taiwan's U-Ming makes more money from dry cargo in first nine months of 2008.
State aid Helge Mogster-led Dof secures massive loan from Merchant Marine Fund for six units under construction in Brazil.
Bulker delay Indian owner Essar defers acquisition of three vessels as market crashes, but second quarter result turns to profit.
Bank moves in Deutsche Bank takes significant position at John Fredriksen's Frontline in anticipation of strong third quarter.
STX gets cash Europe's largest shipbuilder scoops nearly $65m from double deal with Korean banks.
Chowgule cheer Indian bulker owner made hay while the sun shone on bulkers in six months to 30 September.
"Grave concern" Indian shipbreaker Hariyana worried over fluctuating steel prices despite posting much bigger first-half profit.
Grand designs UK gas systems maker Hamworthy snaps up Polish ship designer BDC to boost services.
Boxship sinks At least five seafarers confirmed dead after containership sinks off China's northeast coast.
Shreyas weaker Indian feedership player finds first-half going tougher despite raising money from selling vessels.
Club aims high A costly week is in prospect for shipowners with Steamship Mutual pushing for a 17.5% general increase in P&I rates while the UK Club toys with 20% or a cash call.
Mipo toasts record Costly orders and softening steel prices send profit soaring and sales to record at Hyundai Mipo.
Dredger down Clean up underway off UK after hopper vessel sinks at Heysham, spilling diesel.
Costs hurt ABG Indian shipbuilder's second-quarter profit drops a quarter on higher raw material and interest costs.
Garware pens PSV Indian offshore owner returns to Norway's Havyard Leirvik with $55m order for single unit.
Clough fixes Australian engineering giant secures possible two year charter for subsea construction vessel newbuilding.
Aker Yards is now STX Europe From November 3, 2008 the international shipbuilding group Aker Yards and all its subsidiaries will share the common brand STX Europe. A change of name became actual after the South Korean based STX Business Group acquired 92.46 percent of ...
Shareholders used their power in Nordic Tankers The chairman of the board of Nordic Tankers, Steen Bryde, did not have much success with the proposals issued for the extra ordinary general assembly. Of the eight proposals, six fell as they did not gain the necessary two-thirds ...
Mærsk tanker fended off pirates in Gulf of Aden The Danish flagged chemical tanker Britta Mærsk was attacked by pirates in the Gulf of Aden on Sunday morning. Two fast running boats attacked the tanker, that was on a voyage from Singapore to Jeddah. The Britta Mærsk was sailing ...
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