Maritime industry set to get hotter in Asia The world's maritime industry, increasingly an Asian affair, is becoming even more competitive, a new survey shows.
S Korea may win third year of record contracts Hyundai Heavy Industries Co and other South Korean contractors may receive a third year of record orders for refineries, floating platforms and power plants to support economic growth in the Middle East and Asia.
Maersk plans to lay off 3,000 workers The struggling US economy has claimed some victims that few Americans have heard of. Copenhagen-based AP Moeller-Maersk, the world's largest ocean shipping line, plans to lay off up to 3,000 of its container division's 25,000 workers, in part because of a slowdown in US trade in 2007.
Vietnam defends its fleet standards Vietnam Register officials have rubbished newspaper reports alleging the country's shipping industry does not measure up
Argentina vows to find polluter ARGENTINE officials have vowed to find the polluter that spoiled 7km of Patagonian shoreline and killed wildlife two weeks ago
Salvors back emergency guidelines SALVORS have welcomed the IMO Guidelines on the Control of Ships in an Emergency
10+2 steps too far THE European Shippers' Council this week called the proposed "10+2" cargo security rule a bureaucratic burden, and plans to ask the European Commission to seek a waiver
Indonesia tackles human error INDONESIA'S Department of Transportation is blaming human error for half the country's maritime mishaps last year
Fund buys into Horizon Famously risk-averse fund manager Seth Klarman reports 11.6% stake in Horizon Lines.
India-Europe rates hiked Before disbanding, a liner conference plans to hike India-Europe fees by $200 per 20-foot equivalent unit.
Muskegon claims another A Canadian bulker experiences the fourth grounding since August in the Michigan harbour.
Aegean sinks Bunker supplier Aegean Marine Petroleum Network's stock sinks, a day after discussing growth.
Chemoil moves forward Bunker supplier and tanker owner's board plans to meet by week's end to decide on succession after the chief executive's death.
Dry stocks plunge TBS International leads field of US-listed dry-bulk companies posting bearish declines in midday trading.
Korean 'light-bulb' blown South Korea's idea to ban single hull tankers from its waters five years ahead of schedule is unworkable if it wants to keep its lights on, broker says.
Baltic boosted by black stuff Oil capacity on the rise as Russian ports regain ground lost at the end of the Soviet era.
Wartsila to overhaul ferry Finnish ship engine maker to upgrade Kystlink's 2,000-passenger Pride of Telemark.
Srab bags broker stake Swedish tanker owner buys into Stockholm-based shop Ivar Lundh.
Bulgaria extends bid deadline Sole bidder for national owner Navibulgar will have another month to inspect its ships.
SCI yard deal close State-owned giant to enter shipbuilding within two months, chairman says.
Hornbeck adds weight US-listed Hornbeck Offshore Services signs for two OSVs at domestic yard and buys MPSV under construction.
Palmali bid complaint fails Turkish tanker owner cannot stop sale of Serbia's JRB to Daxin Petroleum.
Evergreen ship held in US Loss of propulsion adds LT Genova to December detention list also featuring three more oily-water separator cases.
More attacks in Nigeria Latest IMB report lends credence to theory piracy is on the rise in West African country with three more commercial vessels hit.
Mercator unearths third dredger Indian owner set to continue expansion of dredging fleet following arrival of latest 2007-built unit from China.
CSG on the up Revenues and volumes jumped in 2007 for Chinese state giant, led by bulkers and boxships.
Swire fights to free bulker Salvage company's divers attempting to cut ship's propeller from fishing nets in Malacca Strait.
DP World in ports swap Newly-listed port operator switches non-container handling from Port Rashid to Jebel Ali in another blow for the Emirates' oldest port.
Bumper year for CSSC Increased capacity and efficiency sees net profit triple at China State Shipbuilding Corp.
Imarex volumes soar Strong final push in December lifted trading at Norwegian derivatives broker to more than $15bn last year.
WSF veteran to enter drydock Another elderly Washington state ship needs work on corroded hull.
Yangfan confirms Goldman swoop Chinese shipbuilder says it has new strategic partner, but US bank is keeping quiet.
Hanjin heads south again South Korean shipbuilder to plough $1.9bn into new shipbuilding complex in the Philippines.
Pirate activity on the increase Last year was the first since 2003 that the number of reported piracy incidents increased. In all, 263 attacks were reported to International Maritime Bureau, IMB, in Kuala Lumpur, up by some 10 per cent compared to 2006. 263 seafarers ...
Samsung to deliver topside for Shtokman rigs South Korean Samsung Heavy Industries is to deliver topside components for Shtokman rigs to be build by Russia's Vyborg Shipyard outside St. Petersburg for delivery in the second and third quarter of 2010. The semi-submersible drilling rigs of the ...
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