KepFels' new design semi-sub named last week Keppel Fels' (KepFels) new proprietary design DSS21 deepwater semi-submersible, its latest since the DSS20 series Maersk Explorer in 2003, was named the Maersk Developer in a naming ceremony on Saturday.
Hyundai Heavy posts 16% jump in May sales Hyundai Heavy Industries Co, the world's largest shipbuilder, said sales last month climbed 16 per cent as it completed orders for oil tankers and container vessels contracted at higher prices.
Posco shares dip as Vinashin pulls out of steel JV Vietnam's state- run shipbuilder Vinashin has cancelled plans to invest US$1 billion in a US$5 billion steel venture with South Korea's Posco, sending shares in the world's fourth largest steel maker down 3 per cent.
NOL in loan talks ahead of possible Hapag-Lloyd bid SINGAPORE liner giant aims for up to $7bn in readiness for move on Hapag-Lloyd, according to reports.
Hope for Hapag-Lloyd Hamburg solution
Tug masters jailed for Hebei Spirit spill MASTER and chief officer of holed tanker cleared of all charges.
Sulpicio ordered to cease operations ALL ships of Sulpicio Lines have been stopped until their seaworthiness has been established. An order to this effect was issued today by the Department of Transportation in The Philippines
Maua looks at northern expansion THE Maua Shipyard in Rio de Janeiro is joining other Brazilian yards on the expansion trail
Ceylon Shipping in JV CEYLON Shipping Corp has signed an agreement with Pyrros Vardinoyannis of the Greece for a joint venture in oil transport and bunkering
Argentina farmers strike over THE Argentine economy was slowly returning to normal during the weekend, as the latest phase in a conflict between farmers and the government ended at midnight on Friday, and road blocks were cleared
St Petersburg yards to merge NORTHERN Shipyard in St Petersburg is interested in merging with state-owned United Shipbuilding Corp
Tension over stranded Sophia easing ALGERIA has refrained from banning vessels entered with German insurer Hanseatic over the wreck of the ro-ro vessel Sophia
Scan-all's great debate Congress wants all U.S.-bound boxes scanned by 2012. Some say it can't be done, but the latest technology may indicate otherwise
UPS cuts estimates
Horizon Lines ups Hawaii, Guam fuel surcharges
New bill seeks standards for container security
U.S., S. Korea in beef deal
APL volumes up sharply
NOL could borrow $5-7B for Hapag-Lloyd acquisition
STX bids for sole ownership of Aker Yards South Korean shipbuilder STX has bought a further 1.3 million shares in Aker Yards, and thereby controls NOK 40.39 per cent of the shares. From the beginning of this year, the limit for a mandatory bid for the ...
BW Gas appeals court verdict in case against government The district court in Oslo did not rule in favour of BW Gas in the company's case against the Norwegian government for its decision to claim back-taxes in connection with the new tonnage tax regime. For BW Gas, the ...
Star Shipping split between owners The two owners of the joint-venture Star Shipping, Westfal Larsen's Masterbulk and Griger Group, has agreed on dividing the company into two new entities. The decision is taken in a strong market and after years of different views on ...
Cruise company hikes fuel surcharges again Surcharges doubling as cruise operator tries to combat escalating bunker prices.
High speed ferries slow down to save fuel Stena Line says journey times are being increased on two routes.
Global bunker market report
Fuel efficiency 'key criterion' for newbuilds China Navigation expects bunker savings of more than 40% compared with similar vessels.
Rescuers warned not to puncture bunker tanks Philippines Coast Guard considers boring holes into ferry's hull amid growing fears that hundreds have died.
Busan prices hit record levels
Rotterdam MDO clear and bright tight
Tug masters jailed for Hebei Spirit spill Master and chief officer of the single-hulled VLCC cleared of wrongdoing.
PowerSeraya to build oil blending tanks Tanks will enable company to meet the needs of its customers in the marine bunkers and cargoes markets.
Typhoon threatens Hong Kong operations Typhoon Fengshan is expected to disrupt bunker deliveries in Hong Kong over the next few days.
Costly bunkers may lead to 'profound changes' in shipping Malaysian shipowners warn of higher freight rates and bunker surcharges.
Hambantota bunker terminal plan 'too optimistic' Remarks by a Sri Lankan official downplayed by industry source.
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