Perkins to open shipping agency in S'pore Singapore's growing maritime cluster has attracted yet another shipping company to set up shop here.
Shipping emissions higher than thought: UN report Emissions by global shipping of planet-warming carbon dioxide are more than double industry estimates and may rise another third by 2020 as trade grows, a report from the world's top maritime body shows.
Admiralty Casebook
Profit sharing deal applies to optional charter period THE English High Court last week overruled an arbitration award and ruled that a profit-sharing arrangement between a vessel owner and a time charterer applied to the optional two-year period at the end of the basic charter.
Perkins to open shipping agency in S'pore Singapore's growing maritime cluster has attracted yet another shipping company to set up shop here.
Shipping emissions higher than thought: UN report Emissions by global shipping of planet-warming carbon dioxide are more than double industry estimates and may rise another third by 2020 as trade grows, a report from the world's top maritime body shows.
Admiralty Casebook
Profit sharing deal applies to optional charter period THE English High Court last week overruled an arbitration award and ruled that a profit-sharing arrangement between a vessel owner and a time charterer applied to the optional two-year period at the end of the basic charter.
Between the lines IN this month's Fairplay Solutions, Editor Malcolm Latarche asked whether class is ignoring its own role in ensuring build quality during a shipbuilding boom
Moorhouse praises Korean quality LLOYD'S Register's chairman David Moorhouse has tried to smooth ruffled feathers after his comments last month about build quality
How Aker was ousted from Astrakhan AKER Kvaerner's buyout of its Russian partner in a Finnish engineering group marks the end of an unsuccessful tussle for control of a Russian shipyard
Spain is good for Brittany Ferries THE UK-Spanish ferry route linking Plymouth with Santander, served by French operator Brittany Ferries, enjoyed the third best year in its history last year
Catalunya boilers online Disabled LNG carrier's boilers start up three days after a shutdown left the vessel drifting off the US East Coast.
Metrostar goes offshore Greek owner places $1.3bn newbuilding order at Hyundai Heavy Industries.
RWE buys into Excelerate German utility agrees to purchase half of LNG player Excelerate, taking a chunk from US oilman George Kaiser.
Genco results 'fantastic' After Genco profits exceed expectations, Jefferies analyst highlights the New York bulker owner's growth potential.
Surcharge row in court A class action lawsuit names Royal Caribbean, Carnival Corp and Norwegian Cruise Line over the $5-per-day fuel surcharges.
Songa hits high note Oslo-listed player bursts back into the black after a lucrative end to 2007.
Supe sailor dies BPZ Energy reveals that a sailor aboard a sunken Peruvian navy tanker has died, while four other sailors remain in serious condition.
Solvang slips on newbuildings Oslo-listed gasship owner sees fourth quarter profits slump but throws all its eggs into the new Norwegian tonnage tax basket.
Ship grounds in Georgia US river is the site of the grounding of a car carrier, which is quickly re-floated.
SFI looks on bright side Frontline's ship-owning vehicle says credit crunch will work in its favour because of its financial stability.
Genco ups Jinhui stake New York bulker owner's finance chief says the company's share reaches 19.4%.
Svithoid banks share cash Private placement and public issue nets SEK 50m for Swedish tanker owner.
Computer glitch? US Coast Guard is quoted as saying that a computer problem may have caused the Catalunya Spirit's drift off Massachusetts.
Rand posts a loss Revenue is up by 38%, but Great Lakes player Rand Logistics reports a fourth-quarter loss.
Hong Kong keeps four Extra time in port for two boxships, a ro-ro and a tanker after January safety checks.
Scandal takes $260m slice Singapore's SembCorp Marine reaches deal with nine of 11 banks caught in derivatives controversy but will still take fourth quarter hit.
Solid year for Quintana Recently-acquired Greek dry-bulk owner net large annual profit as fleet and average day rates grow.
Hoegh backs Norway Bermuda-based owner to re-flag most of its fleet as response to new Norwegian tax regime.
Spectron set for big league Broker hopes it will be third time lucky after linking up with Norwegian rival for another assault on freight derivatives sector.
Ocean sinks in red ink Oslo-listed heavylift specialist sees fourth quarter and full-year profits hit by increased costs and shipyard delays.
Taxing year for BW Gas Norwegian owner vows to challenge legality of government's new system as it slips to massive annual loss.
Profit, costs up at Lloyd Fonds German shipping fund manager expects $29m net profit in 2007 but inflated costs bite.
Tokai half way there Full-year profits are on the up but Japanese ferry owner says it will not return to the black until the second half of 2008.
Tax bites WW Oslo-listed owner sees fourth quarter profits dive into the red despite an increase in income.
Fourth quarter boosts Frontline Asset sales in last three months help increase 2007 profit for John Fredriksen's tanker giant.
Frontline buys into Navig8 Fredriksen takes 15.8% stake for $20m in "purely financial" move, as owner gains foothold in clean tanker sector.
Good year, bad quarter Eitzen Chemical reports large loss in last three months of the year but annual figures well up.
Louis fights back Cypriot owner hits out at Greece for its failure to cooperate following the sinking of the Sea Diamond after ministers threatened to impound its assets.
Chelsea sale lifts Knightsbridge Sale of VLCC increases fourth quarter profits six-fold at Frontline-managed tanker operator.
Near miss in SF Flashback to Cosco Busan as K Line boxship loses power and drifts close to US city's waterfront.
Rand buys WMS three US Great Lakes bulker owner exercises option to purchase three chartered-in self-unloaders.
Tamai rides high Japanese bulker owner increases full-year profit forecast after lucrative nine months.
Cargoship grounds in Clyde Minerva II refloated after losing power opposite Dumbarton Rock, with damage unclear.
IPO for ITC Frontline subsidiary's tanker fleet to be spun off in first half of 2008.
Genco profits surge Georgiopoulos bulker outfit sees profits more than triple compared to a year ago on bigger fleet.
Höegh Autoliners moves back to Norway The new, competitive Norwegian shipping tax regime has attracted Höegh Autoliners back home from Bermuda. 43 car carriers will be held by its Norwegian ship-owning entity, but by 2012 Höegh Autoliners will have 61 or more car carriers under ...
One body recovered from sunken Omer N The wreck of the Turkish owned coaster Omer N contained only one of the three missing seafarers. The salvage company managed to raise the wreck of the coaster Wednesday this week after a 45 day break due to bad weather ...
Classification societies raids on links with IACS Last month's dawn raids on European classification societies focused entirely on the possible links to the London-based International Association of Classification Societies (IACS). According to an insider the EU inspectors were scanning files for the word "membership" and two ...
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