Energy, natural resources the way to go for BDP THE burgeoning number of complex projects in the energy and natural resources markets such as in the construction, mining, power, oil, natural gas and chemical industries in remote locations has encouraged BDP International, one of the largest privately owned logistics firms, to set up a dedicated unit to cater to such projects.
US to enlist boaters as allies against any boat terror attack As boating season approaches, the Bush administration wants to enlist America's 80 million recreational boaters to help reduce the chances that a small boat could deliver a nuclear or radiological bomb somewhere along the 150,000km of US coastline and inland waterways.
TNT profit tumbles 58% in Q1 TNT NV, Europe's second-biggest express-delivery service, said first-quarter profit fell after last year's earnings were boosted by the sale of the freight-management unit, as fewer working days and an early Easter holiday restrained revenue.
Fears grow over London's shipping status CITY'S maritime future at risk after prominent Greek shipowners leave over unpopular non-dom tax move.
NJ Goulandris is latest Greek to quit London
Hapag sale a 'one-off', says Seaspan chief MOVE unlikely to mark the start of another round of consolidation in the box shipping sector, says Gerry Wang.
Seaspan will pounce on 'distress sales' by owners US boxship owner looking at secondhand ships, abandoned newbuildings and potential corporate acquisitions.
Raoust predicts 450 Cape surplus "WE can expect a surplus of 450 Capesize bulkers by 2013," predicted Jean-Bernard Raoust to the Shipping Energy China conference today.
BGV invester is alleged fraudster JOHN Paul Airs, the "businessman" said to be buying 10 Bateaux Grande Vitesse ships, has been exposed in a BBC investigation to be a fraudster
Dry-bulk partnership forged A JOINT venture between China Navigation of Hong Kong (part of Swire Group) and CTM (part of Ceres Group of Greece) of Monte Carlo has been forged to provide reliable, tailored and cost-effective dry-bulk services
Boskalis ready to swoop on Smit ACCORDING to a Bloomberg report, Smit Internationale may face a full takeover from the Royal Boskalis group following the failure of its approach for Smit Terminals
US coal trends reversed THE US coal trade has reversed course, with export growth now far exceeding the pace of imports
Strike at Chile's copper mines PROTESTERS today kept Codelco's Salvador and Andina copper mines closed amid a sub-contractors' strike that is now more than a week old.
Owner aims for $80m US-listed Double Hull Tankers plans to issue up to 8.05 million shares in an effort to grab more than $80.3m.
Seaspan eyeing resales US-listed containership owner is considering a jump on slots opening up as other owners pull out.
Pirates get life in jail Seven Somali pirates are sentenced to spend their lives in prison five days after their arrest in Puntland.
Tidewater CFO to retire US offshore vessel giant will say goodbye to Keith Lousteau in September.
Excel downgraded Cantor Fitzgerald cuts US-listed bulker owner's rating following merger-fuelled rally.
More bodies found Rescuers find more bodies as salvors pull a sunken anchor handling tug-supply vessel from the sea floor off Hong Kong.
Smit for sale? Price tag of about $2.5bn put on Dutch towage and salvage group.
MMM on the mend Malaysian tanker owner back in profit in first half, but operating losses persist.
Superior in bankruptcy US dive support vessel owner seeks Chapter 11 bankruptcy protection in a federal court.
CMES makes good on promise Chinese tanker and bulker owner lives up to forecast of doubled profit in first quarter.
Red ink for Seaspan Gerry Wang-led owner sees first quarter returns hit by $53m loss on interest rate swaps
Getting richer Donation to UK maritime museum puts Ofer fortune under rich list scrutiny.
Mordashov's man in at TUI German tourism, shipping group appoints ally of Russian billionaire to board, but is it enough to satisfy big shareholder John Fredriksen?
Merwede wins pipelay deal Dutch yard to build $190m cable/construction vessel for Oslo-listed Subsea 7.
Box boosts for Yangzijiang First quarter profits up 92% on the back of increased containership orders.
Banks buy into ITC Indochina Capital and Sacombank plough $34m into Vietnamese bulker owner to aid expansion.
Eastern wins federal grant New Orleans yard secures Small Shipyards scheme cash to help it get bigger.
Fredriksen inks six VLCCs Tanker tycoon returns to China's Zhoushan Jinhaiwan Shipyard to pen four firm orders with two options attached.
BW Gas swaps Oslo for Hamilton Norwegian shipowner seeks calmer waters in Bermuda after being hit by Norwegian back-tax.
Much better for MHI Japanese shipbuilder posts strong annual profit to end-March, but current year looking tougher.
Yangzijiang better by half Singapore-listed Chinese yard expects profit rise of more than 50% this year as it expands its operations.
More double hulls SK Energy plans to increase its use of double hull VLCCs in advance of South Korea's early ban.
Fast start for HHI Weaker won widens margins as shipbuilder's operating profit hits new record.
Fredriksen in TUI quit threat Tycoon could sell out of German tourism and shipping group if he doesn't manage to oust two board members.
An Yue Jiang docks in Luanda Cosco ship at centre of Zimbabwe arms row arrives in Angola, but the arms will stay onboard.
BW Gas shifts from Oslo to Bermuda BW Gas has decide to form a new parent company based in Bermuda and listed in Oslo. All shareholders are offered one share in the new Bermuda company for each in the old, Oslo based, company. The reason is that ...
Frontline orders four VLCC's Frontline Ltd. has signed a contract with Zhoushan Jinhaiwan Shipyard Co.Ltd. in China for four 320,000 DWT VLCC newbuildings to an undisclosed price. The units will be delivered between June 2011 to December the same year. The company has also ...
New chairmen in Swedish Shipowners' Associations Lars H'glund, managing director of Furetank Rederi, has taken over the helm at the Swedish Shipowners' Association after Dan Sten Olsson, Stena AB, who tegether with Lennart Simonsson, Brostr'm AB, remains as vice chairmen. Per Croner, Wallenius Marine, has been ...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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