DHL using S'pore base to serve Asia-Pac Global logistics company DHL has made Singapore its latest centre of excellence, serving the Asia-Pacific region, to better tap the big potential in the 260 billion euro (S$537 billion) oil and energy logistics industry.
Deutsche Post awards major contract to Kamag The Ulm (Germany)-based special vehicle manufacturer Kamag Transporttechnik GmbH & Co KG has received an order for 13 more WBH 25 "Wiesel" vehicles from ...
NCL secures refinancing NORWEGIAN Cruise Line reported sharply lower profits today and confirmed that it has finalised a major new refinancing package
Change in freight derivatives FINANCIAL players will increase their share in the freight derivatives market by at least 50% in coming years, despite screen trades in liquid markets being made at smaller sizes, a London conference was told today
PD Ports sale approved BABCOCK & Brown shareholders approved today the sale of PD Ports to a Canadian asset management company
US, China talk trade tension PRESIDENT Obama is in Shanghai today thrashing out issues such as trade tensions, the value of the Chinese yuan, and climate change
American Club holds steady THE AMERICAN P&I Club said today there will be no general increase for advance call premiums on 2010 renewals
NCL slumps Third-quarter profits fall by 50% even though the cruise line reported a record occupancy rate.
Dry-bulk jump Genco Shipping & Trading leads surging dry-bulk shares on Wall Street after analyst upgrade.
Aries rebuilding After revealing ship deals, Michail Zolotas speaks confidently of fixing Aries' "problem of leadership" and bad reputation.
Boats or babies? Sovcomflot board minutes questioned as accountant reveals he more likely spoke of babies than boats.
Dry correction? US analysts suggest rates will remain firm in coming months, but one warns the bullish mood may not last.
Staying short Ion Varouxakis-led FreeSeas to continue fixing ships short term despite profit drop.
Klang tied up Euroseas bags year charter for YM Port Klang plus option for another year, but ship returned by collapsed Hull & Hatch making half its prior rate.
Genco fixes Cargill fixes Peter Georgiopoulos capesize newbuilding out of Sungdong at $36,000 a day.
Blockade call Spain wants EU naval taskforce to block three ports known to be used by Somali pirates.
Allegation allowed Former Sovcomflot director general Dmitry Skarga faces new bribery claim in corruption trial.
ALG grabs one British cruiseship owner snaps up 1990 built vessel at auction to begin $20m project.
Aries quits boxes Nasdaq-listed owner sells two remaining box ships while snapping up six vessels and a shipmanagement firm from GrandUnion of Greece.
Brazil bound Havilla Shipping PSV fixed to Petrobras in three-year deal worth nearly $25m.
Dof trio fixed Oslo-listed owner nets term deals worth $65.54m as it completes PSV buy.
Euroseas chopped Aristides Pittas-led bulker and boxship owner's profit dwindles to almost zero, but ship buys still on the agenda.
$111m loss Aries Maritime clocks up massive third quarter loss as it pays the price for significant spot market exposure.
First falls Taiwanese bulker owner sees more than half its nine-month profit disappear year-on-year.
Brazilian beauty Solstad Offshore fixed spot based PSV pair with Petrobras for three years at $22,000 each daily.
Helberg at helm Former Pareto shipping analyst takes over as CEO of RS Platou Markets only a couple of months after starting work at the Norwegian finance house.
FOE and BP clash Fred Olsen Energy and BP heading for arbitration following oil major's attempts to cut rig charter rate.
Golar energised John Fredriksen's Golar LNG Energy has $11m to invest in Gladstone Project after selling shares in ASX-listed LNG Limited.
Wilson wins Brazilian offshore vessel and ports group sees nine-month earnings rise as costs were cut.
Leaky past Inquiry into Princess Ashika sinking hears of voyage previously aborted because of water ingress.
Charter cheer Judge finds a place for Santa as he rejects Cobelfret claim that UK port should have worked through Christmas to discharge capesize coal cargo.
Hostages free Somali authorities step in to secure release of nine Indian and Bangladeshi crew seized recently.
Fesco iced in A hundred passengers left high and dry as Fesco cruiseship stuck in Antarctic ice for four days.
Faulty fin? Stabiliser defect could have contributed to grounding of Japanese ferry Ariake in heavy seas.
Box extension Unions say France's CMA CGM given another month to finalise debt deal with banks.
Hindustan hope Indian state shipbuilder eyeing two sites for new VLCC shipyard.
Hegnar takes the lead in Hurtigruten Hurtigruten has a new largest shareholder as Trygve Hegnar through his holding company Periscopus has acquired a 20 per cent share for NOK 256 million. The sellers are a number
Icebreaker stuck in the ice 105 tourists, mainly Britons, will have to make do with just sitting still in the Arctic ice rather than travelling through it, since the 24.000 bhp Captain Khlebnikov is
Kockums and Brødrene Aa sign cooperation agreement Sweden's Kockums, the submarine and naval surface vessel specialist, has signed a co-operation agreement with Brødrene Aa, shipbuilders in Hyen, Gloppen, in western Norway. The agreement includes marketing, development
Boskalis buys Smit Royal Boskalis Westminster and Smit Internationale N.V. have reached a principle agreement for a full merger. Boskalis makes a public offer on all Smit shares.
Common ownership for Flinter and Nordic Chartering The Dutch shipping company Flinter and the Finnish liner service operator Oy Nordic Chartering Ltd merge their activities. Nordic Chartering operates five dry cargo vessels mainly on regular sailings from
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