China's No 2 oil port eyes listing to fund expansion Dalian Port (PDA) Co Ltd, which operates China's second-largest oil port, is pondering a domestic stock listing as early as 2009 to fund a capacity and business expansion, a top executive said yesterday.
Yantai delivers accommodation barge YANTAI Raffles Shipyard, China's largest rig builder, has delivered an accommodation barge Mobile Offshore Drilling Unit to Norwegian oil and gas service company Marine Subsea.
IMC Corp acquires marine engg company IMC Corp has enhanced its offshore engineering portfolio in anticipation of rising upstream demand in the oil and gas (O&G) industry by recently acquiring Singapore-based offshore marine engineering company Marine Engineering Services (MES).
Fredriksen's daughter joins Frontline board JOHN Fredriksen's 24 year-old daughter Kathrine replaces Tor Olav Tr'im in tanker company.
Navig8 deal unveiled as Frontline profits boom
Norway study challenges tonnage tax myths NEW research reveals shipping industry hands over $1.8bn more tax per year than the average Norwegian worker.
Buck-up or lose Voltri deal, Merlo tells PSA-Sinport GENOA'S new port president asks Singapore company to take immediate steps to improve Voltri's performance.
Panama pilot boss shot in Colon Captain Henry Pino is in hospital after being shot three times in the Atlantic city of Colon on Monday
New cruise facility is 'too small' CARNIVAL Australia's chief executive Ann Sherry has urged the Queensland government to build a second Brisbane cruise facility
DP World downplays Sokhna rumours DP World has downplayed a report in local business newspaper Emirates 24/7 that it plans to invest $1.3bn in Sokhna Port in Egypt
Pilots reject blame for accidents INVESTIGATIONS by the P&I clubs into accidents involving ships under pilotage have been met with a cool response from German sea and harbour pilots
Goldenport's golden trading year GREEK shipping company Goldenport Holdings has had a distinctly gold-tinged trading year with a 29% rise in pre-tax profits
Smit snubs Boskalis bid SMIT Internationale has rejected the bid for its terminals division announced yesterday
Loss for Trailer Bridge in fourth quarter Jones Act line falls into the red on higher fuel costs, startup of Dominican service, and soft conditions in its core Puerto Rico market.
OSG profits plunge New York tanker owner profits dive 81.4% as its tankers hit stormy TCE seas.
Shipyard worker dies A 22-year-old worker at Argentine yard Astillero Rio Santiago dies of his injuries after an explosion.
Star profits take flight US-listed bulker owner Star Bulk Carriers reports 161% quarterly earnings improvements as the fleet of Ducklings begin to hit the water.
Remember the Nancy? Question 1 in the Exxon Valdez case, to be heard Wednesday by the US Supreme, may centre on a 190-year-old case involving the schooner Amiable Nancy.
Cops on cruises? California state senator introduces legislation to require peace officers on cruises in state waters.
Diana fixes newbuilding US-listed bulker owner stretches charter coverage into its newbuilding program with the five-year charter of a capesize hull.
Lower costs help Tropical Nicor-owned Tropical Shipping sees its operating income increase by 2.8% on lower operating costs.
Record year for Noble Best ever profits in 2007 for Hong Kong owner and commodities group.
Smit says no Dutch salvage groups rejects bid from Lamnalco for terminal services arm.
Goldenport focuses on boxships UK-listed owner happy with bulker fleet, but will add more container tonnage this year.
TTA eyes two more Thai bulker owner plans to order handysizes this year, following up handymax order in Indonesia.
DFDS ferry damaged King of Scandinavia undergoing repairs after hitting oil platform at UK yard.
Lasco profit doubles Strong tanker earnings propel performance of listed Latvian shipping group.
Golar profit slumps Negative trends through final quarter compounded by LNG carrier's loss on interest rate swaps.
Odfjell buys out Jebsen Norwegian owner takes full control of Brazilian owner Flumar's four-ship fleet for $25m.
Q-Ship quenches profit thirst Qatari tanker and gas carrier player posts 35% earnings hike in 2007 and celebrates by handing out new shares.
Courage posts sizzling profit Singapore owner the latest to benefit from 2007's red-hot bulker market.
Havila goes to Havyard Norwegian owner spending $131m on IRM vessel at domestic shipyard.
Gulf Nav opening up? Dubai-based tanker owner to vote on allowing overseas buyers to take 20% stake.
CMA CGM expands CIMEX French liner company says it is boosting services between Asia and India and the Middle East.
Braemar branches out UK broker adds marine loss adjuster Steege Kingston to shipping services arm.
Ryndam struck by norovirus About 110 passengers and crew are struck down with illness during 10-day cruise to Mexico.
Golden year for Goldenport UK-listed owner sees 2007 profit soar as bigger fleet took advantage of strong bulker markets.
GOG fixes Hellenic bulker UK-listed Greek bulker owner in short-term fixture of panamax to Fredriksen bulker outfit.
WW and OW orders 8 LCTCs at Hyundai and Daewoo Wilh. Wilhelmsen (WW) and Wallenius Lines (OW) have ordered eight Large Car and Truck Carriers (LCTC) at Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering. WW and OW take two each at Hyundai and two each at Daewoo. According to ...
Stena Line moves to Kiel Due to strikes and general uncertainty in the port of Travem'nde, Stena Line has decided to transfer its vessels Stena Freighter and Stan Carrier to Kiel for its freight service between G'teborg and Germany. "This is a deeply unfortunate situation ...
Situation detereorating for Riverdance Rough weather is causing trouble for the salvors trying to refloat the ro-ro cargo vessel Riverdance from the beach off Blackpool where it has been laying since February 1, after being hit and damaged by extreme waves in a ...
Rotterdam prices depressed by low bunker demand Bunker demand said to be about half of normal volumes amid heavy Russian supply.
Payment system provides 'standard bunker contract' Voyager Maritime Payment Solution says its terms and conditions could resolve current disputes.
Bunker market report from Praxis
ARA: Several bids/offers reported
First biodegradable lubricant order completed David Gilmour of BP-Castrol Marine predicts legislation and consumer pressure will lead to 'serious shifts' in the 'green product' landscape.
Refiner makes impact in IFO market India's Essar Oil's is likely to become regular supplier of residual product.
Turkish supplier takes new bunker tanker Its 12th bunker tanker goes into operation at the port of Istanbul.
S-Oil February bunker supply down by 20% The South Korean refiner has yet to decide on its March bunker supply volume.
Indonesia's 380 cst offers delayed Oil refiner Pertamina pushes back its bunker selling operation in Batam until March.
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