Keppel unveils latest worksite safety drive DON'T mind your own business is the new mantra at Keppel Shipyard. Looking out for yourself and others at the workplace is one of the key safety messages that Keppel Corp would like to impart with the launch of its 'Safety Starts With Me' initiative.
Shipping Corp to borrow US$1.3b to buy vessels Shipping Corp of India Ltd, the nation's biggest sea carrier, will borrow US$1.3 billion to purchase more vessels to meet rising trade in the country.
Frontline Q1 profit up on Opec output Frontline Ltd, the world's biggest oil tanker company by market value, said that first-quarter profit climbed after the Organisation of Petroleum Exporting Countries (Opec) pumped a record amount of crude, increasing demand for shipping.
Norway disaster: NCL pays $14.75M NORWEGIAN Cruise Line (NCL) will pay nearly $15M in fines and compensation over the May 2003 boiler explosion on the Norway that killed eight crew and seriously injured 10.
Phils flag fleet hits record low THE NUMBER of Philippine-registered vessels trading overseas continues to fall due to the registry's lack of incentives and the inability of operators to expand
Seanergy to buy bulkers BLANK-cheque company Seanergy Maritime has announced that it intends to purchase six bulkers from the Restis family of Greece for $395M
Liabilities set in Tricolor case A US District Court has apportioned the liability for the sinking of the Tricolor in the English Channel in December 2002
Bush FMC nominee bails out TROUBLES continue at the Federal Maritime Commission as President Bush's nominee to head the body has announced his resignation.
Lines start Asia-EC South America loops "K" Line, CMA CGM, China Shipping and Maruba to launch new service between Asia and East Coast of South America.
TSA: Customers agreeing to floating bunker charges
Senate, House override Bush veto of farm legislation
Mercator confirms VLCC buy Indian owner says it has inked a tanker buy that appears to match reports of TMT purchase.
Bunker surcharge floats The Transpacific Stabilisation Agreement garners major surcharge shift in negotiations with US importers.
CEO runs for more Marathon Marathon Acquisition Corp's chief executive is to buy up 2 million shares in the American Exchange-listed vehicle.
Star buys a Cosmo US-listed owner pounces on a supramax bulk carrier for $68.8m.
NCL in $15m Norway hit Company ordered to pay $14m restitution to victims of boiler blast and fined $1m.
Bulker stocks plunge Several dry-bulk players lose more than 5% of their share value in one bearish day on US exchanges.
Selah shut Istanbul yard where two workers died this week is closed by government.
Tricolor headed for appeal? Lawyer for the bulker Clary is mulling an appeal of a ruling that gave the ship's interests a share in the blame.
Tsakos family not selling Nikolas Tsakos says his family interests are not selling out of Tsakos Energy Navigation, but would buy shares if given the chance.
Peter G pulls out Genco's stock slips after chairman shelves plans to sell 1 million of his own shares alongside $240m secondary offer.
Shipbreakers' leader shot dead Brother also wounded in ambush after leaving Gadani.
TBS shares price US tweendecker and bulker owner's shares lead decliners Thursdays after a stock offering prices at $51 a share.
Hyproc orders tankers Algerian state owner adds to coastal fleet with bitumen carrier order in Bulgaria.
Gearbulk to appeal Battle for $128m compensation for alleged repudiatory breach of newbuilding contract takes new legal turn.
More for Frontline Fredriksen cash-cow builds first quarter profit in stronger VLCC and suezmax markets.
SFI follows up John Fredriksen controlled company follows Frontline's lead to post improved profits in the first quarter.
Palmali seals fuel deal Turkish tanker owner to ship bunkers to Baltic for Lukoil's Litasco.
Sado sinks lower Japanese ferry player makes losing start despite revenue growth.
Options for Fredriksen Tanker tycoon's Frontline adds two VLCCs to order at Zhoushan Jinhaiwan in China.
K Line soups up south Japanese owner and partners add two boxship loops from Asia to South America.
Wah Kwong aims low Figure of $164m Hong Kong owner plans to raise in IPO well below previously-touted figures.
NOL readies cash? Report claims Singapore owner could splash up to $7bn on TUI's rival Hapag-Lloyd line.
Fredriksen offloads more OSG Norwegian shipping magnet sells more shares in US-listed tanker rival cutting his stake to 5.8%.
Korea targets top five Shipbuiding powerhouse wants to take Norway's place as fifth largest shipowning nation by 2010, government says.
MMM takes Titan tankers Malaysian Merchant Marine to charter four chemical ships from Hong Kong owner with purchase obligations.
Asia-Mexico boost Hapag Lloyd and APL to increase frequency and capacity on joint service.
MBC's profits down First quarter revenues jump nearly 70% at Malaysian Bulk Carriers, but lack of ship sales hits results.
Tricolor 17 per cent guilty In a new verdict, the US District Court for the Southern District of New York has ruled that Tricolor is 17 per cent liable for the collision in December 2002.The other involved vessels, Kariba and Clary, are 63 and ...
Christian IV sold to Finland The Stella Company Group in Finland has acquired the ferry Christian IV from Color Line for EUR 13 million. The ferry will be handed over to the new owner in the beginning of July. The intention of Stella Company Group ...
Brazilian multi USD billion investments in drillships ahead The Brazilian oil company Petrobras has announced that it will invest USD 30 billion in new drillships and rigs the coming nine years. Most will be built in Brazil. Measured in market value, Petrobras is today the third largest company ...
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