Marine, offshore sectors post record year For Singapore's marine and offshore industries, last year was a busy year as shipyards endeavoured to fulfil their order books on time and within budget. It was also a rewarding year with many successful completions and deliveries of projects, according to the Association of Singapore Marine Industries (ASMI).
India's Dhamra Port faces 2 years' delay India's Dhamra Port, being built by Tata Steel and Larsen & Toubro, should be completed in April 2010, two years behind schedule, a port executive said.
Security gap found in US port procedures A Department of Homeland Security (DHS) programme to strengthen port security has gaps that terrorists could exploit to smuggle weapons of mass destruction in cargo containers, congressional investigators have found.
Strait Talk
AP Moller goes green and spreads the news DANISH shipping giant AP Moller-Maersk made a lot last week of its efforts to become more environmentally friendly. The company says that increased energy efficiency led to a significant decrease of the CO2 emissions from its fleet. It says that this applies to both container vessels and tankers.
Marine, offshore sectors post record year For Singapore's marine and offshore industries, last year was a busy year as shipyards endeavoured to fulfil their order books on time and within budget. It was also a rewarding year with many successful completions and deliveries of projects, according to the Association of Singapore Marine Industries (ASMI).
India's Dhamra Port faces 2 years' delay India's Dhamra Port, being built by Tata Steel and Larsen & Toubro, should be completed in April 2010, two years behind schedule, a port executive said.
Security gap found in US port procedures A Department of Homeland Security (DHS) programme to strengthen port security has gaps that terrorists could exploit to smuggle weapons of mass destruction in cargo containers, congressional investigators have found.
Strait Talk
AP Moller goes green and spreads the news DANISH shipping giant AP Moller-Maersk made a lot last week of its efforts to become more environmentally friendly. The company says that increased energy efficiency led to a significant decrease of the CO2 emissions from its fleet. It says that this applies to both container vessels and tankers.
Spain reforms accident commission THE Spanish government has adopted a barrage of new measures to reform the country's permanent maritime accident and investigation commission, giving more power to maritime experts over the handling of casualties
Operations head is new Nordic MD CLAUS Breitenbauch will succeed Flemming Krusell Sorensen as CEO of Nordic Tankers, the Copenhagen-based listed tanker owner, from the beginning of July
Grounded cyclone ship named THE 'foreign ship' that ran aground on an isolated island during the tropical cyclone Nargis has been identified as Japan's Eastern Car Liner's (ECL) 9,801dwt Cosmic Leader
Shipbroker warns of Capes max CONTINUED flow of newbuildings onto the market combined with conversions of VLCCs to dry bulk carriers is poised to lead to a significant oversupply of tonnage in the large dry bulk carrier sector, a senior shipbroking source says.
DHL, FedEx, USPS in cooperative pact DHL has signed a major ground and airfreight agreement with the U.S. Postal Service and air express operator, FedEx Corp.
GAO report says C-TPAT needs improvement
Maersk drops KNSM vessel
Bidders emerge for UK intermodal carrier
Export ABCs: Passive payment terms
Moller may cut shipyard jobs
DHL opens Europe hub
FTA for Japan, Indonesia
6 TWIC centers added
Air grant for LA-Long Beach
Evergreen links Asia, Mexico, Caribbean and C. America
Petrobras wants more Brazilian oil company is on the hunt for chartered-in products tankers, gas carriers and bunkering tankers.
Vafias eyes more tankers StealthGas chief doesn't see prospects for LPG carriers to come onto the sale-and-purchase markets.
Omega earnings slip US-listed products tanker owner sees profits pull back 16.8% even though revenue jumped.
StealthGas profits up US-listed LPG carrier owner posts a 12.2% increase in quarterly earnings as voyage revenue surged.
NCL pays for saying aloha NCL America settles federal lawsuit by Middle Eastern mariners who alleged discrimination of men discharged from the Pride of Aloha.
Navios in five-year deals Angeliki Frangou-led bulker owner puts three ships on five-year charter at improved rates.
Seadrill raises net Profits at John Fredriksen- controlled offshore driller jump by 56.4% even as revenue slipped.
More to go at DFDS? Will "Phase 2" of economic reform programme at Niels Smedegaard-led owner lead to more job losses as 340 axed on Tuesday?
Lindo sharpens axe Jobs could be slashed as struggling yard aims to reverse its 'extremely difficult financial position'.
DFDS axes 340 jobs "Unsatisfactory trend" in passenger numbers leads ferry owner to cut "unprofitable" Norway-UK route.
SSC takes a dive Rising costs and falling revenues hit owner's bottom line as fourth quarter profits plunge 164%.
French go-slow Workers at key Fos-Lavera oil terminal putting the brakes on in privatisation protest.
Mipo wants blocks Korean shipyard considering building new assembly factory to boost capacity.
Box blaze doused Shreyas container vessel able to head to Chennai after fire extinguished by another ship.
Dutch ship hijacked Negotiations said to be underway as vessel and nine crew captured off Somalia's coast.
MIG in the money Greece's largest investment company sees first quarter profits jump despite "adverse business environment".
Aboitiz hikes rates Philippines freight and passenger ferry owner plots 20% fare rise to combat higher costs.
Fitch down on Essar Ratings agency lowers grade on Indian group's debt over leverage concerns.
Nils twists again Big not best on key trade routes while terminal and logistics arms should be more independent, AP Moller CEO Andersen says.
Two dead in Ayr The bodies of two men have been found in the hold of a general cargo vessel calling in Scotland.
MHI goes nuclear Japanese shipbuilder considers buying into South African reactor maker.
HIT hits on tankers Indonesian owner lines up $200m spree on seven ships this year.
Incat offloads cat Isle of Man Steam Packet Co acquires 96 metre catamaran for use on its Irish Sea service.
Disposal lifts PDZ Malaysian intra-Asian operator returns to the black at start of 2008 thanks to sale of veteran.
Alam inches up Malaysian offshore vessel operator sees profits increase due to lower taxes, but revenues decline.
What recession ? NOL continues to defy global economic gloom with continued growth in volumes and rates.
Another top leader leaves Maersk Line Maersk Line stands to lose another of its executive leaders in the aftermath of the reorganisation of the company. Jesper Kj'degaard, who until now has been the CEO of Maersk Line in England, has announced that he will leave his ...
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