Opportune time to regroup THE current global economic crisis and accompanying slowdown in the oil exploration boom, gives the offshore and marine industry the chance to take a welcome breather and is also a good time to enhance capabilities and develop human resources during the lull. Rig building giant Keppel Corp has early on realised the importance of capacity building and research in slow times and during the last slowdown in the early 2000's pushed for the setting up of a dedicated research centre for the industry at the National University of Singapore (NUS).
Bankrupt Danish shipper seeks US protection Atlas Shipping A/S, a Danish commodity-shipping company, asked for United States bankruptcy protection as it seeks to reorganise overseas.
Sailor dead in pirate attack off Cameroon A Greek sailor was shot dead by pirates off the coast of Cameroon over the weekend, the state radio broadcaster said on Monday, the latest in a series of attacks on shipping in African waters.
Cargo ships on European routes to get red-tape relief
DP World reviews expansion, cuts costs
Counting on a tall ship to lift a weak economy
Baltic Dry Index posts 5th straight gain on iron ore ships
Strait Talk
Reducing shipping's carbon footprint THE biggest environmental issue facing the shipping industry is what it should do, if anything, to reduce its emissions of carbon dioxide (CO2), one of the 'greenhouse gases' believed to be responsible for global warming.
Opportune time to regroup THE current global economic crisis and accompanying slowdown in the oil exploration boom, gives the offshore and marine industry the chance to take a welcome breather and is also a good time to enhance capabilities and develop human resources during the lull. Rig building giant Keppel Corp has early on realised the importance of capacity building and research in slow times and during the last slowdown in the early 2000's pushed for the setting up of a dedicated research centre for the industry at the National University of Singapore (NUS).
Bankrupt Danish shipper seeks US protection Atlas Shipping A/S, a Danish commodity-shipping company, asked for United States bankruptcy protection as it seeks to reorganise overseas.
Sailor dead in pirate attack off Cameroon A Greek sailor was shot dead by pirates off the coast of Cameroon over the weekend, the state radio broadcaster said on Monday, the latest in a series of attacks on shipping in African waters.
Cargo ships on European routes to get red-tape relief
DP World reviews expansion, cuts costs
Counting on a tall ship to lift a weak economy
Baltic Dry Index posts 5th straight gain on iron ore ships
Strait Talk
Reducing shipping's carbon footprint THE biggest environmental issue facing the shipping industry is what it should do, if anything, to reduce its emissions of carbon dioxide (CO2), one of the 'greenhouse gases' believed to be responsible for global warming.
Suez Canal hit as CMA CGM considers bypass plans FRENCH carrier is to divert all appropriate sailings round Cape of Good Hope because of huge cost savings.
Pacific Carriers to cut out Suez
Fredriksen unhappy with BW Gas overhaul plans JOHN Fredriksen's investment vehicle Geveran has voiced concerns over the planned share issue, according to analysts.
OSG raises $387m in asset transactions TANKER owner raised about $387m in asset transactions in the first quarter of 2008 and the fourth quarter of 2009.
Floating storage crude sold ROYAL Dutch Shell has sold 600,000 barrels of crude to Vitol that was stored aboard the Frontline VLCC Oliva ' possibly the first sign of an unwinding 'contango' trade
Cautious BDI crawls over 1,000 THE BALTIC Dry Index clawed back past 1,000 points today, for the first time since it plunged below that level in late October 2008
Houston port boss to retire H THOMAS Kornegay will retire as executive director of the Port of Houston on 1 February
RIP Gardenia Ace MOL'S Gardenia Ace was identified today as the first victim in a push by Japan's Big Three to scrap 10% of their vehicle carriers
100% box scanning weighed anew A US WATCHDOG office is studying the feasibility of the law requiring all US-bound containers to be scanned before leaving ports, Fairplay was told today
OSG provides fleet update OVERSEAS Shipholding has released an overview of recent tanker sales and sale-leaseback deals as well as deliveries and charter cancellations
US judges heat up port truck fight US JUDGES have ratcheted up the legal row over the state's push to rid its ports of older heavy vehicles
Vancouver port union talks to resume Off-and-on contract talks to resume between union foremen and waterfront employers under federal mediation in early February
Don Welch, longtime S.C. port director, dies at 78
Profit up for Norfolk Southern
Houston's Kornegay to retire
Japan plans to launch US-backed port security program
Torok named president of UPS Freight Forwarding
MOL to scrap 17 ships
Emirates hikes rates on India-ME-East Africa service
New Göteborg ' Russia feeder service Wallenius Wilhelmsen Logistics has chosen the Port of Göteborg as the transit port for cars and other vehicles from the USA and Asia destined for the Russian market. A new feeder service has commenced between Göteborg and the ports in ...
Extraordinary meeting in Broström Tanker owner/operator Broström has convened an extraordinary general meeting on 19 February. Maersk now holds 97.3 per cent of the shares and 98.3 per cent of the votes in the company. The proposed new board consists of ...
Pirates released the Biscaglia The chemical tanker Biscaglia has been released by the Somali pirates who hi-jacked the vessel in October even though the vessel had security guards on board; the guards who had to jump overboard. The owner, Industrial Shipping Enterprises Corp ...
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