Norden's 2006 profit quadruples D/S Norden A/S, Denmark's biggest operator of commodity ships, said that full-year profit almost quadrupled as freight rates advanced to a record.
Clients join in Keppel's safety efforts A COMMITMENT to safety and collaboration with major clients helped Keppel Shipyard achieve a low 0.24 accidents per million man-hours worked in 2007.
Vietnam troops clean oil off beaches Thousands of Vietnamese troops on Sunday helped clean oil off southern beaches as rescue workers sought to contain a spill from a capsized tanker and recover the bodies of nine more sailors, officials said.
China port company to boost investment assets to 100b yuan
Barge 'drifted close to three other vessels' COURT told Korean barge that collided with Hebei Spirit was heading towards three bulkers anchored in the same area.
SHI finally stumps up for oil spill fund on eve of court proceedings
Evergreen eyes APM Terminals' Virginia terminal DANISH-owned ports operator set to start serving Taiwanese line at brand its new US east coast facility in Virginia.
Wild weather batters Europe SHIPS in much of western Europe were forced to endure the worst storm of the winter, with conditions predicted to get worse.
Sharing the seas IT IS interesting to reflect how our view of the oceans has changed in recent years.
Breaking down barriers IT IS observed that when the shipping industry gathers together, we appear invariably too old and usually too male.
NCL passes out pink slips Norwegian Cruise Line (NCL) is laying off an unknown number of staffers in Miami
Norden optimistic after bumper 2007 DS NORDEN, the listed Danish bulk shipping company, is forecasting an increase in profit this year after it unveiled a 2007 profit five times higher than that of the previous year
USCG plucks five from gambling ship FIVE mariners from the US flagged gambling vessel SunCruz 9 were rescued Saturday by a USCG helicopter crew after the vessel broke its tow line in heavy seas
Queen report expected Wednesday CANADA'S Transportation Safety Board intends to release its report on the sinking of the Queen of the North on 12 March
Study supports US coastal trade PROPONENTS of a short-sea shipping system in the US are hoping a recently released study on inland waterway freight transportation will translate to near coastal trades
Kent seeks compensation from France WHILE progress is being made on resolving the SeaFrance dispute involving its ship's officers a return to work is not in prospect yet, and Kent County Couincil wants compensation for financial losses
Hapag-Lloyd suitors jockey for position Will the German carrier be spun off? Merged with TUI or Hamburg Sud? All are possibilities, according to industry reports.
Danaos net takes a jump US-listed containership owner sees fourth-quarter profits swell by 46.1% on a larger fleet.
Oil spill hits Vietnam A week after a tanker capsized, Vietnamese troops are cleaning oil off beaches nearby.
Job cuts hit NCL Citing Hawaii troubles, Norwegian Cruise Line parent cuts employees in its Miami headquarters.
Chemoil launches in Fujairah Singapore-listed bunkering outfit begins taking deliveries in Fujairah, giving it a presence in top three bunkering ports.
Insurers to pay $256m A Dutch dredging company gets a record EUR 167m for a collision between a boxship and a mega hopper.
Vale signs more deals Brazilian miner Vale continues to sign pricing agreements in closely watched iron ore negotiations.
Container held marijuana US customs officials find $1.41m worth of a 'green leafy substance' in a container in Charleston, South Carolina.
Gotland struggles Annual operating profit lower at Swedish tanker and ferry group as costs rise.
Storm beaches ship off France Attempt to re-float Dutch ship at high tide on Monday as it grounds on popular French beach.
Japan holds 25 Three vessels detained in February for oily water faults, including two operated by Sung Je of Korea.
Fidelity reveals Genco slice US investment advisor reveals that it owns 12.7% of Genco Shipping & Trading shares after nearly doubling its stake in a month.
Jinhui back on the horse Bulker owner inks panamax in Japan less than a month after calling a halt to further newbuildings.
Coustas cashes in Danaos banks profits of $5.5m following the sale of a 30-year-old boxship.
Shinsung lobbyist indicted South Korean authorities hold man after he and three others are accused of taking kick-backs from Busan-based owner.
Winds batter tanker in Channel Fully-laden Swedish vessel seeking refuge of Southampton as anchor drags and rudder malfunctions off Isle of Wight.
QE2's near-miss revealed Cunard liner forced P&O ferry to slow down as the two converged in Dover strait.
Fredriksen nets $34m Golden Ocean ties up panamax on a long-term deal to continue this year's fixture frenzy.
SCI linked to ABG tie-up India's serial joint-venture pursuer now reportedly looking to form yard operation with domestic builder.
One missing from Costa ship Major search mission off Florida as 'angry and agitated' woman leaps from Italy-flagged cruise ship.
Dale takes Havila seat Banking veteran steps into the CFO's berth following the resignation of Nils Peter Skeide.
ICG on the up Ferry and container earnings increase as Eamonn Rothwell-led group lives up to market expectations in 2007.
Bulk boom boosts Norden Danish operator exceeds annual net profit forecast as Chinese demand pushes dry-bulk rates up in 2007.
Odys vies for Svitzer order Gdansk shipyard in running to build four tugs for Danish owner in deal worth $26m.
Green light for cruise venture TUI and Royal Caribbean win European approval for new German-focused operation.
TUI in turmoil Hamburg council wants tie-up of Hapag-Lloyd with Hamburg Sud, while Fredriksen aiming to band together minority shareholders.
BLT held back by costs Indonesian tanker owner's 2007 profit dwindles on loss from hedging deals.
SapuraCrest back in the frame Seadrill, Fredriksen's offshore drilling operation, resumes acquisition of Malaysian firm's shares.
FreeSeas fixes pair Ion Varouxakis-led bulker player secures a year of employment for each of two new acquisitions.
CMB snaps up more Clarkson Belgian tanker and dry bulker owner increases its shareholding in its favourite shipbroker.
NOL makes strong start Singapore liner operator sees hefty year-on-year rise in volumes in first trading period of 2008.
Havyard eyes Aker Yard boardroom As a new large shareholder in Aker Yards, Havyard Invest has requested an extraordinary shareholders' meeting to elect a new board of directors. The ordinary shareholders' meeting in Aker Yards is set to 25 April, and in a statement, Aker ...
The best year ever for Port of Esbjerg Port of Esbjerg had the best year since it became a limited company. In 2007 the cargo turnover reached an all time high of 4.6 million tons, which was up six per cent from the previous year. The growing ...
Socol 3 still held in Halmstad The St Vincent & Grenadines-flagged dry cargo vessel Socol 3, is still detained in Halmstad on the Swedish west coast after large amounts of poorly secured timber carried on deck were lost over board in 'resund last week. The vessel ...
Seventh straight surcharge increase by Matson Fuel costs again boosting additional charge to record level for shipowner.
Sulphur options 'still up for discussion' Source close to IMO says bunker fuel recommendations 'evolving', nothing 'cast in concrete'.
Chemoil 'ups the stakes' in Fujairah Company radically increases planned capacity at Fujairah terminal as CEO repeats 'ambitious yet realistic' aim to seize 'sizeable' share of bunker market.
Rotterdam market quiet
Storage gives Chinese oil major leverage PetroChina 'swing supplier' in Singapore fuel-oil cargo market.
Mexican oil ports re-open Crude still bullish on cold snap and weak US dollar, but prices kept stable as Mexico supply disruptions ease.
Singapore broadband could 'revolutionise' bunkering System will allow bunker barges to access, view and plan schedules online
'Universal' cylinder lube more widely available Total Lubmarine says new cylinder oil helps shipowners cope with sulphur changes.
Japan: Retroactive bunker price edges higher February bunker fuel price up slightly from month-ago levels but up more than 50% from last year.
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