Keppel seals US$200m rig accord Keppel FELS sealed its first semi-submersible tender drilling rig deal with PV Drilling yesterday, when the contract for the US$200 million unit was signed in Ho Chi Minh City, Vietnam.
Delay shipbuilding push, China urged China should delay its bid to pass South Korea as the world's biggest shipbuilder to prevent a flood of new vessels extending industrywide losses, said Clarkson plc's managing director Martin Stopford.
New intermodal service to Norway Green Cargo added Norway to its intermodal container transport network on 2 November.
Kombiverkehr expands national network from Germany to Switzerland The Frankfurt-based intermodal specialist Kombiverkehr will offer additional alternatives for environment-friendly transport between Germany's Rhine/Ruhr region and Basel from Janu...
World's longest sea crossing to start in 2010 Work on the proposed Qatar-Bahrain causeway project, considered to be the world's longest sea crossing, is likely to begin in the first quarter of 2010. The governments of Qatar an...
K-Line launching "Corona Optimum" for Joban Joint Power The Tokyo-based shipping company Kawasaki Kisen Kaisha ("K" Line) launched the "Corona Optimum," an 88,000 dwt special coal carrier at Imabari Shipbuilding's Marugame Shipyard...
Clipper Projects inaugurates new office in Dalian Clipper Projects recently opened its own representation in Dalian (China). The company is not new to the region. Years of successful presence under the APC partnership have allowed...
Intertanko releases tanker energy management guide The International Association of Independent Tanker Owners (Intertanko) is about to publish its new guide for a tanker energy efficiency management plan (TEEMP). This moves forward...
MAN-Nutzfahrzeuge CEO resigns from MAN boards Following the resignations of the MAN corporation's director Hakan Samuesson and CFO Karlhein Hornung, Anton Weinmann, MAN Nutzfahrzeuge CEO, asked to be released from his position...
Norbert Dentressangle appoints new solutions and operations director Norbert Dentressangle Logistics UK has appointed Brian McDill as its solutions and operations director. McDill joins Norbert Dentressangle from Wincanton where he held various dire...
Sieber academy offering extra training for drivers and forklift operators The Sieber Group, a transport and logistics enterprise based in Berneck (Switzerland) has started to offer vocational training courses for truck drivers and forklift operators. The...
Trans-o-Flex introduces a CO2-neutral dispatch service The Weinheim (Germany)-based trans-o-flex Logistics Group will offer customers a new Co2de Green service from January 2010 onwards. The new offering is a completely CO2-free domest...
Aqua Logistics wants to go public Aqua Logistics, a Mumbai (India)-based logistics solutions provider and international freight forwarder with branches across India, is aiming to raise some capital through its prop...
Germany's intermodal transport services convey 21.5% less in 2009 Germany's Federal Statistical Office (Destatis) reported that 226.4 million t of goods were hauled on the German rail network from January to September 2009. This was 57.7 million ...
New Cargobull business centre in UK Trailer maker and truck bodybuilder Schmitz Cargobull has opened another new regional business centre to provide better market coverage in the UK and Ireland. The centre ...
Record tanker storage pushing up charter rates The number of tankers deployed for temporary storage jumped by 20 in a month to 149 by the end of November.
ACM commissions plummet 19% Chief executive Johnny Plumbe forecasts improved fortunes in 2010 after a horror half-year for the tanker sector.
Pirates release German ship PIRATES released the German cargo ship Charelle today after holding it captive for six months, along with 10 crew, EU NAVFOR said
Eastern piracy rebounding PIRACY cases in the South China Sea are rising again, the anti-piracy body ReCAAP has told Fairplay
Pirate suspects held in attack EU NAVFOR is holding 13 pirate suspects today after an attack on the general cargo ship BBC Togo 150 n-miles south of Salalah, Oman
Globus private? Jefferies analyst reduces Karageorgiou-led owner's earnings estimate but says company's net asset value provides an opportunity to go private.
Allocean swoop Greece's Logothetis family re-enters shipping as Lomar Corporation announces a $325m purchase of the UK-based Allocean fleet.
Fighting back Fighting vessel arrest, lawyers for Shanghai Zhenhua say Kyla Shipping fail to show Zhen Hua 27 is its ship.
Flame effort done Gibraltar forges settlement with New Flame's owners and insurers. Salvage effort complete, leaving great place to fish.
Dishonest deals Ex-Sovcomflot boss Dmitry Skarga accused of cutting in Yuri Nikitin on Daewoo suezmax newbuildings at discount prices.
Back to the yard FSO owned by OSG and Euronav returns to the shipyard after damage during commissioning.
Charelle free New Zealand-owned general carogoship held for almost six months finally freed by Somali pirates.
Strike on Princess Crew on a casino ship Palm Beach Princess go on strike over pay dispute and master's firing.
No advantage Former Sovcomflot chief Dmitry Skarga quizzed over why he needed to bring in Yuri Nikitin to help fund purchase of six suezmaxes at HHI in Korea.
Nordic hurting Klaus Kjaerulff's Nordic Tankers hit hard by fleet write-down as it slips to near $90m nine-month loss.
'Buy' DryShips Deutsche Bank analyst rolls out coverage of George Economou's bulker and drilling unit owner targeting 58.7% share price growth.
Green light for BP Oil major wins court ruling that it can cancel $450m rig deal with Fred Olsen Energy.
Ready to blow S&P market to erupt as early as next year as soon as 'two plates collide', says ACM boss Johnny Plumbe.
KfW funds Royal Fain-led Royal Caribbean firms up $632m loan from KfW IPEX Bank for newbuilding Celebrity Eclipse.
Three for DSME Korean shipbuilder scoops two plus one deal from RWE Innogy for offshore wind-generation vessels.
Tanker grounds New H Vogemann vessel touches bottom at Mombasa under pilot this morning.
Concrete contract Khalid Hashim-led Precious Shipping to order up to four cement carriers on the back of lengthy charters.
PGS arm sold Jon Erik Reinhardsen-led shipowner offloads onshore seismic unit in $210m deal.
MHI doubles up Japanese builder Mitsubishi Heavy Industries now sets its sights on JPY 100bn from bond sale.
ACM steady Johnny Plumbe-led shipbroker's first-half profit only slightly down despite waning spot rates as S&P activity improves.
Patience, China Quest for South Korea's world shipbuilding crown should be put on ice due to industry difficulties, Clarksons' Stopford says.
Togo attacked German-owned general cargo vessel targeted by Somalia pirates, but manages to avoid capture.
Rig damaged A Transocean jack-up drilling rig has been severely damaged by bad weather off Malaysia.
US container scanning program delayed The US program for scanning all containers destined for the US, was planned to be implemented in 2012 for security reasons ' but it will now be delayed for two years
Intertanko ' fight piracy off West Africa On November 24, a Ukrainian Chief Officer on board the tanker Cancale Star was killed when the vessel was attacked by pirates off the coast of Benin ' Intertanko is now
Esvagt unit chartered as coastguard vessel in Holland Esvagt has contracted its Esvagt Connector) to the Dutch coast guard for service as an Emergency Response Vessel (ERV) for the rest of this year. The Esvagt Connector is on
Hijacked VLCC off Somalia The Greek VLCC Maran Centaurus was hijacked 600 nautical miles off the Seychelles last Sunday, en route from Jiddah to New Orleans. The vessel, 300,294 DWT, was fully laden and
Norway markets Norwegian shipping in USA The Norwegian government has established a new position at the Norwegian embassy in Washington, which will be partly financed by the Norwegian Shipowners' association. The new position has the title
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