Dry-bulk freight rates may extend gains for 4th week Dry-bulk shipping rates may extend gains for a fourth week, following an agreement by Asia's three largest steelmakers to a 65 per cent jump in annual iron ore prices and on China's demand for coal and grains.
Hyundai wins $900m Singapore harbour deal South Korea's Hyundai Engineering & Construction said yesterday that it has secured a 600.45 billion won (S$900 million) harbour development order from Singapore.
10 French sailors rescued after yacht capsizes off New Zealand Ten Frenchmen from a racing yacht that capsized yesterday off New Zealand were winched to safety by helicopter and flown to dry land, rescue officials said.
Credit crisis could spark shipyard 'fire sales' CASH-STRAPPED owners will walk away from contracts they are unable to finance in current economic conditions, warns banker.
ABS says China will fall short of yard ambitions
Tanker giants take 'green and clean' initiative FIVE companies start informal talks aimed at raising environmental operating standards over and above global regulations.
SSA lauds Singapore tax holiday extension GAINS from sales of vessels on Singapore Registry or under the AIS scheme will be exempted from income tax until 2014.
The crucial matter of maintenance SEAFARERS cannot be blamed for being afraid of lifeboat drills as even experts say the systems as "possibly inherently unsafe".
Opinion forming WHAT do seafarers really think about their jobs? Employers may have only half the picture as many seafarers have learnt not to make waves.
Chinese undermined on ore prices Nippon Steel and Posco have both agreed a 65% increase in iron ore prices from Brazil's Vale, leaving Baosteel as the chief negotiating vehicle high and dry
Big Apple's orange ferries go green NEW YORK City Council has voted to move the Staten Island ferries, which make some 33,000 trips between Manhattan and the island every year, to ultra-low-sulphur fuel
Cochin to float dry dock PUBLIC-sector Cochin Shipyard has sought permission from the government to launch an IPO for a new dry dock
Confusion reigns at Ust-Luga DEVELOPMENTS at Ust-Luga took a confusing turn after it was revealed that the development company may own fewer assets at the port than originally suggested
Anything to declare? Yes, 50 tanks THE Kenyan government is reported last week to have seized an illegal shipment of military equipment, bound for Sudan, in the port of Mombasa
Red faces as Color rejects ferry COLOR Line, the Norwegian ferry company, has refused delivery of the first of two 33,500gt fast ropax ferries on order from Aker Yards Finland
Port of Long Beach drops employee driver mandate for clean trucks program Motor carriers can operate with employee drivers or independent contractors under final version of clean-trucks plan.
Restructuring charge hits TNT profit
EU, Russia resume talks on WTO membership
Six TWIC sites added
Trucker hours rule comment period extended
Coast Guard joining ITDS
Deutsche Post CEO quits
Obama proposes 'bank' to stimulate infrastructure spending
Permission for union to terminate DIS agreement The board of the union of catering officers, Dansk Sø Restaurations Forening (DRSF), has agreed on a termination of the mutual agreement under Dansk International Skibsregister (DIS) as a consequence of A. P. Møller-Mærsk's decision to lay off 200 ...
Record high order book at Norwegian yards At the turn of the year, order books at Norwegian yards are at record high NOK 73.0 billion ' of which between 80 and 85 per cent offshore vessels ' according to managing director Birger Skår in the sales organisation Norske ...
Clipper orders more in China The Clipper Group is reported to have been ship shopping again in China, where a series of bulk carriers has been ordered. The order was signed with Tsuji Heavy Industries for a batch of six 37,000-DWT bulk carriers for ...
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