Italy's D'Amico mulls new tie-ups, buyouts D'Amico International Shipping SA, the Italian oil transport specialist, may form new partnerships and is considering acquisitions, chairman Paolo d'Amico said.
Dutch govt to charge Trafigura Dutch prosecutors plan to file criminal charges against oil trading company Trafigura and the Amsterdam council over their roles in an oil tanker's toxic waste which was blamed for killing 16 people in Ivory Coast.
Seoul checks shipbuilding share volatility South Korean regulators are looking into possible trading irregularities after a spike in securities borrowing last month and volatility in shipbuilding shares.
P&I clubs talk tough in renewal negotiations UNCOMPROMISING attitude from marine mutuals prompts flurry of shipowners to move clubs.
Clubs see their finances squeezed
Tokyo MoU happy with findings of ISM checks THE PSC inspection blitz indicated that the safety management system is functioning and understood on board most ships.
Skill shortage sparks officer pay rise STUDY shows average salary hike of almost 7% in this year's pay round on eight key sectors.
Saadé keeps his cool JACQUES Saadé, CMA CGM's chairman, seems unfazed by the challenges facing the container shipping industry.
Better to play safe AT WHAT stage does a coastal state intervene to require a ship broken down off its coast to take a tow?
Cargo vessel and crew missing THE general cargo vessel Rezzak is thought to have sunk close to Inebolu, Turkey on Monday
Frontline to sell tanker subsidiary FRONTLINE has announced that it intends to start a spin off called International Tanker Corporation (ITC)
Concordia misses seasonal spike THE product tanker market did not enjoy a seasonal rise in freight rates at the end of 2007, says Concordia Maritime, the Gothenburg tanker operator
Bought-back ship sold Nasdaq-listed Top Ships sells the 150,000-dwt Stainless, a vessel it recently bought back.
Paragon profits explode With a larger fleet, the US-listed bulker owner sees fourth-quarter profits of nearly 17 times the same period of 2006.
'Structural issues' killed deal New chief executive at Oceanaut blames death of nine-bulker deal on structural issues that could have prevented shareholder approval.
Georgakis twice-replaced Oceanaut chief executive is replaced by Gabriel Panayotides, again.
Britannia confirms ice-class price Anglo-Danish bulker owner acknowledges that it paid $35.5m each for the Ice Trader II and the Ice Power II with charters attached.
Cridland clocks on at Clarkson Braemar research analyst crosses over to London rival to continue his tour of the capital.
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.
StealthGas sneaks up Profits continue to flow for Harry Vafias-led gasship owner as larger fleet brings greater reward.
ITC goes over the counter Frontline tanker subsidiary to be spun off in Oslo, with shareholders receiving 20% share hand-out.
Aegean stock heads slide Nasdaq-listed bunker player sees shares on the ropes after posting full-year results yesterday.
A new beginning Kjell Rune Staddeland says JB Ugland Holding to examine fresh opportunities after sale of fleet to Siva of India.
USCG search called off Search for crew member missing from Celebrity Cruises vessel off Florida abandoned.
Aker bags RAL ice pair Royal Arctic Line of Greenland spends $118m on two ice-going boxships at Norway's Aker Yards.
Costs hurt Finnlines Revenues up at Finnish ro-pax owner but increased expenses due to fleet expansion send profit down slightly.
MOL teams up for agency venture Japanese giant forms new company with Fesco and Azuma to handle Russian business.
Indians buy JB Ugland Norwegian owner's 46-strong fleet of owned and chartered tankers and bulkers goes to Siva Ventures for $300m.
Aegean creeps up Sales breach the billion dollar barrier but higher fleet costs stop profits keeping pace at US-listed bunker player.
Boxship owners take a hit Asian shipowners see stocks battered in Singapore and Hong Kong as spiralling oil prices pack a punch.
Another hull for Zaliv Ukrainian shipyard Zaliv to build offshore vessel hull for Norway's Ulstein Group.
Pertamina orders two PT Dok & Perkapalan to build 6,500-dwt tankers for Indonesian oil company for delivery in 2011.
Bumper year for Suez Canal Increase in number of ships and tonnage push annual revenues to record figure for Suez Canal Authority.
Maersk adds to stars and stripes Two new ro-ros switched to US flag to carry out military and humanitarian missions.
One missing from Celebrity ship USCG launches search mission after Chinese crew member vanishes from cruise ship off Florida coast.
Seacor survives drydockings Offshore ships and interest income compensate for tanker off-hire as US owner improves profit in 2007.
Bosporus back in business Tankers re-start transits through Turkish strait after blizzards closed it on Sunday.
Biggest newbuilding ever from Karstensens Karstensens Skibsværft in Skagen has handed over its biggest newbuilding ever. The vessel with hull no. 400, has been taken over by the Danish Naval Command. The ship was named Knud Rasmussen after the Great Dane in Greenland history. The ...
Omer N postponed for another week The salvage job on the ill-fated Omer N in Danish waters near Gedser has again come to a stop because of the weather. Dansk Bjergning & Bugsering managed to turn the wreck around and partly empty it from water, but ...
Aker Yards to build boxships for Royal Arctic Line Aker Yards has been awarded a contract by Royal Arctic Line A/S in Nuuk to build two ice-going container ships for arctic operation. The total contract value is about EUR 80 million. The ships are especially designed for ...
Chemoil's new CEO in 'seamless transition' Bandy speaks for the first time since he took over Chemoil's top position in January this year.Aegean sees annual profits climb
Aegean sees annual profits climb Net profit for 2007 up 14.5% year-on-year. Bunker sales up over 40%.
Argus to launch Singapore Fuel Oil Bulletin Board Aims to increase transparency in Asian markets by offering alternative price index.
Fuel monitoring system adds e-mail function
IBIA restructuring to 'remain industry leader'
Titan targets higher share prices
New record as crude surges above $100
Construction work to start on Tangier-Med Terminal 'New port is set to emerge as a major bunkering hub' says Horizon Group CEO.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
