SembMarine delivers last of 6 ships to Taiwan firm THE last of a series of six container vessels built by SembCorp Marine subsidiary Jurong Shipyard for Taiwanese shipping company Wan Hai Lines was named and delivered last Friday.
Maritime royalty make history in New York Deborah D'Ambrosi can recite with ease the weight of each of the Queens - Elizabeth 2, Mary 2 and Victoria, which are among the world's most luxurious ocean liners. And she came all the way from her landlocked hometown, Olney, Illinois, on Sunday just to see 'the three girls', as she called them.
Dry-bulk rates may fall next year on vessel oversupply Shipping costs for iron ore, coal and other commodities may fall starting next year as vessel numbers outpace cargoes, KGI Securities (Thailand) pcl said as it cut the industry rating to 'neutral'.
Forth Ports shares surge as Babcock boosts stake AUSTRALIAN investment bank builds up a stake to 20.4%, prompting renewed takeover speculation.
BBI sets its sights on US and European bulk ports
FFA players blamed for Baltic Dry Index tumble FALLS in paper values help push rates down in the physical market; as index takes a further beating today.
Hooks, lines and sinkings IT seems curious that in the 21st century, coming up to the centenary of the Titanic's loss, that we are still arguing about lifeboats.
Fincantieri listing off, merger on? The anticipated listing of Fincantieri on the Stock Exchange might not be necessary any more, according to the latest news coming from Rome
Car carrier aground off Cromer YARMOUTH Coastguard was called to action when a large car carrier ran into trouble at 2am this morning
France to privatise cargo handling FRANCE is to is privatise stevedoring at major ports, the country's PM announced today, to a cacophony of union disapproval
Industry outlook not all gloom: Widdows Despite U.S. economic woes, APL chief executive says box carriers that control costs and price their services properly will prosper.
Ports of LA, Long Beach approve new fee
Growth ahead for southern U.S. box ports: Economist
Ports America Group formed
Hapag-Lloyd parent moves to block possible takeover
Virginia ports sign India rep
UK's Forth Ports sells stake
NYK Line exits Asia-South Africa-S. America service
TUI to reel in Hapag Faced with calls to split off the German travel operator's container shipping arm, the chief of TUI says the parent should merge with Hapag-Lloyd.
Erika ruling due A court in France is set to deliver a ruling Wednesday on the 1999 spill in the sinking of the Erika.
Line endures sans NYK Hamburg Sud and Maersk Line decide to continue joint service between Asia, South Africa and Latin America's east coast, despite NYK's pullout.
Magdalena fetches $38m The handysize bulker Magdalena Oldendorff is reportedly sold to Hong Kong-based buyers.
Ice Prince hopes fading List increases as weather closes in on abandoned Greek cargoship drifting in the English Channel.
Ionia back in court After $4.9m fine, Greek shipping company is ruled to be in violation of probation in a Connecticut federal court.
Ishwari deal tops $50m Brokers report $51m to $54.5m price tag on Essar Shipping's sale of the 155,000-dwt tanker.
Dry downer Stocks of bulker companies follow the Baltic Index down with losses across the board.
Scandlines soars Newly privatised Baltic ferry group enjoys strong 2007 driven by freight business.
PM wants private ports France will privatise port services in a bid to regain the number one container berth, Francois Fillon says.
Danaos takes HMM trio Greek owner snaps up three 2,200-teu units from Korean which takes them back on charter for 10 years.
Bite the bullet and buy new Canadian province is playing Russian roulette by failing to upgrade its ageing ferry fleet, expert says.
Piraeus auction begins PPA defies strike threat and opens the bidding for control of two container piers at Greece's biggest port.
Kirby to beat expectations US tank-barge giant has done better than forecast in strong fourth quarter market.
Lone detainee on HK list Hong Kong inspectors hold just one vessel in December, a Vietnamese general cargoship.
Dry day in Seoul South Korean owners and shipbuilders feel the pinch following Friday's 4.6% drop in dry bulk rates.
Access denied John Fredriksen's Seadrill will not be allowed to view Aker Drilling's books despite its willingness to pay handsomely for control of the company.
Japan finds fault with 16 Port state checks ended with Iino tanker and Asiana Lines car carrier on list of shame for December.
Owners slam Seoul-Busan canal Over 75% of the nation's shipowners believe the cross-country waterway, a key election pledge of President-elect Lee Myung-bak, is a waste of time.
Gagasan thinking big Malaysian tanker owner expects revenue to double this year as new ships join fleet.
Cork-Swansea ship found Irish consortium identifies suitable Scandinavian ferry to restart link to Wales.
GOGL buys GOGL Norwegian bulker owner takes 2.5m shares off the market in $12m move.
Bulker sinks off Taiwan, 12 missing Bad weather claims handysize with some reports indicating three Chinese crew drowned.
No action Canada's BC Ferries won't discipline crewman who shut down ship engine with contaminated oil.
Green light for L&T Indian group wins state clearance to build new shipyard in Tamil Nadu.
STX Pan Ocean inks COA South Korean owner extends relationship with Chile's Graneles Group with one year deal to ship grain.
Mystery surrounds tanker fire Greek operator still unsure what caused blast as Nigerian police dismiss militant involvement.
Chemoil name new CEO Lead independent director Clyde Michael Bandy named as new head of Singapore-listed bunker firm.
Kim to take HMM hot seat Former vice chairman of Hankuk Glass Industries Co, Kim Seong-man, unveiled as new CEO of South Korea's second biggest shipping line.
Ice Prince adrift off UK Crew evacuated from Greek multi-purpose vessel after it loses power in the English Channel.
Hapag-NOL tie-up talks denied German boxhip line's owner TUI says there are no negotiations over merger with Singapore rival.
PCC aground off Norfolk The car carrier City of Sunderland is reported to have run into trouble off the UK's east coast.
Scandlines with record high numbers on the routes Scandlines achieved an increase of the number of cars and passengers on its 13 routes in 2007. All told the number of passengers reached 20.5 million and 4.5 million private cars. That was an overall increase of 3 ...
More money to Shtokman this year More investments are expected in the Shtokman gas project in 2008 after last year's budget was cut from RUB 17.1 billion to RUB 8.6 billion. This year the development of Shtokman and Bovanenkovskoe (on the Yamal peninsula) has ...
EUR 4.4 bn to be invested in Port of Murmansk The Murmansk Port Management Company ' established at the turn of the year ' will oversee the EUR 4.4 billion development of the Port of Murmansk to become the infrastructure hub for development Russian oil and gas fields in the Barents ...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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