BDP plans global group of smaller logistics firms BDP International is banding together small and medium-size logistics and transport companies in a new global alliance to challenge the dominance of large multinational groups in the business.
Nippon Yusen expects 13% profit gain Nippon Yusen KK, Japan's largest shipping line by sales, forecasts pretax profit will increase by about 13 per cent next fiscal year as it earns more from container shipments and narrows losses at its air-cargo business.
Two fishermen missing in Japan warship collision A naval destroyer equipped with sophisticated radar key to Japan's missile defence system collided with a fishing boat yesterday, the coast guard said, raising questions about the ship's monitoring of other ocean traffic.
Asian tanker rates may end 5 weeks of declines
Hyundai, Daewoo eye UK ship order
Strait Talk
Changing risk profile for LNG shipping IT is not just badly-run companies that have accidents. Some of the best blue-chip ones sometimes get unlucky. The difference is in the way things are handled when they do go wrong.
BDP plans global group of smaller logistics firms BDP International is banding together small and medium-size logistics and transport companies in a new global alliance to challenge the dominance of large multinational groups in the business.
Nippon Yusen expects 13% profit gain Nippon Yusen KK, Japan's largest shipping line by sales, forecasts pretax profit will increase by about 13 per cent next fiscal year as it earns more from container shipments and narrows losses at its air-cargo business.
Two fishermen missing in Japan warship collision A naval destroyer equipped with sophisticated radar key to Japan's missile defence system collided with a fishing boat yesterday, the coast guard said, raising questions about the ship's monitoring of other ocean traffic.
Asian tanker rates may end 5 weeks of declines
Hyundai, Daewoo eye UK ship order
Strait Talk
Changing risk profile for LNG shipping IT is not just badly-run companies that have accidents. Some of the best blue-chip ones sometimes get unlucky. The difference is in the way things are handled when they do go wrong.
CSIC unit is first Chinese yard to bag Odfjell deal CHUAN Dong Shipyard will build six 9,000 dwt chemical tankers for the Norwegian company for $180m.
Odfjell looks at refloat options for Bow Star
Accounting dispute over ship orders FEARS grow that book-keeping rule will bring market instability into shipping firms' accounts.
Japan yards call for steel price freeze STRUGGLING Japanese yards seek to delay introduction of higher steel prices amid Chinese competition.
Throwing a lifeline to ship safety TEN years on from the initial roll-out of the ISM code, the optimists insist that its message is finally hitting home.
Making ports damage proof PERHAPS we are at a stage when ports and terminals ought to be allocated a 'vulnerability index number'.
NYK expects revenue increase HIGHER revenues from container shipments for the next fiscal year are being forecast by the Japanese shipping group NYK, according to Bloomberg
Payne-less transformation for ASA AUSTRALIAN Shipowners Association chief exec Lachlan Payne will leave the organisation in July after over 21 years, with the director of maritime operations taking over
EU keen for Gdansk integration EU negotiators are showing much flexibility in their negotiations with Gdansk shipyard, according to reports in the FT
New Flame sparks Spanish outrage SPAIN'S regional council of Andalucia has lodged an official complaint against Britain to the European Commission over the handling of the New Flame shipwreck
Do pilots need laptops? A US congresswoman is proposing to require pilots to have navigational laptops in response to the Cosco Busan spill.
Limerick limit looms There is just a week left to go before readers will be invited to choose TradeWinds limerick laureate.
Breaking the ice A US Coast Guard ice breaking tug carves a path in the Great Lakes, where ice sticks around even after the shipping season starts up again next month.
Catalunya Spirit cleared LNG carrier that lost power off Massachusetts is cleared from detention after repairs are deemed successful, but it will not head to Boston.
Chinese to convert tanker Handysize tanker goes to Chinese buyers for $4.6m for conversion purposes.
$13m for Woody Heart Unnamed buyers pick up an 8,750-dwt general cargoship, while Latvians buy the Forseti.
Barge owner dropped Cantor Fitzgerald analyst criticises American Commercial Lines for instability and a 'lack of long-term visibility'.
Top takes another spin Top Ships schedules a March shareholders meeting to take a second whack at a reverse stock split.
Steel deal positive A deal between Asian steelmakers and Vale could be a positive sign for the dry-bulk sector.
Trico profits boom US offshore player sees its profits more than double in fourth-quarter as the company sees international activity soar and Norwegian tax benefits.
Waxholms orders double Swedish owner spending nearly $23m on two ice-class ferries at Finnish yard.
Maersk suspends crew notices Danish giant puts redundancies among stewards and ratings on hold ahead of labour court ruling.
Concordia bigger and better Swedish tanker owner pushes up 2007 revenue and profit despite weaker markets.
Seaspan beats estimates US-listed containership owner posts $20m in losses as unrealised losses pile up, but its adjusted results beat expectations.
Odfjell heads to China Norwegian owner signs for up to 10 small stainless steel chemical tankers at Chuan Dong.
STX to form broking arm Korean bulker owner to provide ship finance and derivatives service with KRW 300bn investment.
Shiprepair yard delayed South African group worried it could lose Chinese investors for Richards Bay project as it tries to secure land.
TBS admits Athinoula buy US owner confirms move for Greek handymax, four days after denying deal.
Crisis? What crisis? German shipping bank makes light of credit crunch with strong 2007 profit and lending figures.
Vyborg adds two more Russian owner buys ships two and three as part of plan to run 30-vessel general cargo fleet.
STX clinches coal deal Korean bulker owner to carry 22.5m tons for Korea Southern Power with one ship over 15 years.
JSW unveils big plans Indian steel group in talks with foreign yard as part of scheme to found domestic shipyards and ports.
Eitzen takes a punt Camillo Eitzen chief adds to his majority shareholding as profit soars.
HSL to build shipyard Malaysian engineering group's Paul Yu Chee Hoe planning offshore vessel facility in Sarawak.
New broom for ACL Incoming CEO Michael Ryan must turn around US barge and shipyard player after fall in 2007 profit.
Pipavav could make engine move Indian shipyard in talks with Wartsila and Man Diesel over partnership to make ship engines.
Union drags Maersk to labour court The unions 3F and Søfart Metal representing deck ratings have taken a step toward dragging A. P. Møller-Mærsk to the Danish labour court for violation of their mutual agreement. The union claim that the notice given to 76 deck ...
Argus to launch Singapore Fuel Oil Bulletin Board Aims to increase transparency in Asian markets by offering alternative price index.
Glander welcomes two new staff
Shipping already 'set to lower emissions' UK shipping spokesman defends industry's record; says figures for global bunker consumption are never likely to be precise.
China triples fuel oil tax Analysts say Chinese fuel oil demand could falter, threatening Singapore with fuel oil glut.
Bunkers removed from 'vulnerable tanks' Stranded UK vessel remains in a 'precarious position'.
IBIA chairman warns against 'knee jerk' reactions Bunker industry association wants more debate before any 'final decision' is taken on how to reduce harmful emissions.
Rotterdam market quiet at midday
Nippon Oil to maintain bunker volume for March Plans to reduce its March crude throughput will not affect bunker supply.
Bunker tankers seized Authorities in the Philippines impound four tankers allegedly involved in theft and illegal bunkering.
TSA keeps bunker surcharge formula unchanged Alliance wants 'a full, floating bunker surcharge under the existing formula.'
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