MISC in RM3.2b reverse takeover bid for Ramunia Malaysian shipper MISC Bhd, the world's biggest owner of liquefied natural gas tankers, has made a RM3.2 billion (S$1.4 billion) takeover bid for oil-services firm Ramunia Holdings, in line with its aim to develop a regional business building oil rigs.
DP World container throughput up 18% Global marine terminal operator, DP World, handled more than 43.3 million TEUs (twenty-foot equivalent units) across its portfolio of 42 terminals last year, an increase of 18 per cent compared with 2006.
Dry-bulk freight rates may rise after record fall Shipping costs for iron ore, coal and other commodities may rise after a record drop last week, boosted by demand for larger bulk carriers ahead of the Chinese New Year holidays next month.
Criminal charges over Hebei Spirit Korean prosecutors have indicted for possible criminal negligence the owners of the Hebei Spirit and captains of the tanker and barges for their culpability in the 7 December collision
Oil prices ride Mexican port closures MEXICO'S major East Coast oil and cargo ports closed again over the weekend because of bad weather, but a feared oil price spike did not materialise
Chemical leak linked to crew deaths A BBC report suggests that a chemical leak could have killed two crew members of the Latvian-registered general cargo ship Sava Lake
Maersk revamps BAF MAERSK Line, the world's largest container ship operator, has introduced a new formula for its floating Bunker Adjustment Factor
Fesco, N-Trans in Vladivostok scrap A FIERCE fight has erupted between Russia's national container rivals, Fesco and N-Trans (formerly Severstaltrans), over berths at Vladivostok port
Sleep disorder link in Bay spill INVESTIGATORS are examining reports that the pilot who was directing the Cosco Busan when it struck the Bay Bridge suffered from a sleep disorder and might have been on medication at the time of the accident
Russia eyes more ferries At least 12 new train-ferry routes across Black Sea planned by 2015.
Rem banks resale cash Oslo-listed offshore player pockets NOK 36m from sale of newbuilding to Bue Marine.
Siem snaps up PSV Oslo-listed offshore owner takes share in Meling newbuilding and may form a management company in Stavanger if alliance continues to grow.
CalMac defers Sunday service Scottish ferry group postpones decision on controversial sabbath link to Isle of Lewis.
MCA strikes loom Surveyors' union will ballot on action with coastguards set to follow suit as volunteer lifeboatmen warn over safety risk.
Tanker, FSO collide off Russia No spill reported after floating storage & offloading unit suffers tear above waterline near Murmansk.
TUI denies Temasek tie-up German group says it has no plans to merge its shipping activity with the Singapore state investor.
Maersk revamp continues Container giant updates fuel surcharge to pass increasing bunker costs on to its customers.
Synergy makes move US newcomer acquires land in Louisiana for supply vessel yard facility.
Azov claims another ship Icy conditions wreaking havoc on shipping in Azov Sea claim another victim as Ukrainian vessel sinks.
Hebei Spirit blame game begins South Korean prosecutors finger owner of VLCC and Samsung Heavy for spill in December.
Hanjin rapped over blast Report into two deaths in explosion at Philippines yard finds no safety officer in drydock five.
DP World gets global boost Emirates port operator sees total cargo throughput shoot up 18% in 2007 with all regions showing increased activity.
Two die on ship off UK MAIB conducting investigation into deaths of Ukrainian seafarers onboard Latvian ship now docked at Dover.
MISC offers shipyard Malaysian shipping giant wants rig builder Ramunia to buy MMHE in return for shares.
Marco Polo in $24m JV Singapore-listed shipowning and repair group to build 16 new vessels as part of a tie-up with ST Shipping.
Hanjin denies Algeciras win Korean line is vying for control of Spanish terminal, but is not yet preferred bidder.
Golar swaps to buy LNG player strikes deal with bank to acquire more of its own stock.
Planks a lot! Residents of the English town of Worthing have seen their beach turned into the world's largest lumber yard.
Nordane Shipping in court again Nordane Shipping has visited the courthouse in Svendborg again. This time the company has been charged for responsibility for the accident in March 2005, when Karen Danielsen hit the Great Belt Bridge. Nordane Shipping was ISM responsible for the Danielsen ...
Blystad selling newbuilding contracts Arne Blystad has disposed of 15 of the 20 newbuilding contracts for handy tonnage at Jinse Shipyard in South Korea and is likely to sell the remaining five very shortly. The 32,000 DWT vessels were contracted in May last year ...
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