S'pore players excel at Seatrade awards Singapore companies shone at the Seatrade Asia Awards 2009 in Shanghai - among them rig-builder Jurong Shipyard, which won the Offshore Yard award, and PSA, which won the Container Terminal award.
Bullet trains begin service in UK Britain's first 'bullet trains' entered service here yesterday, bringing high-speed travel to the world's oldest rail network. But government spending cuts, prompted by the global recession, may stunt plans to extend the project.
Toll Group clinches Gorgon Project deal Asia-focused logistics provider Toll Group has sealed a A$180 million (S$212 million), three-year contract to manage the Barrow Island supply base and logistics services for Chevron Australia for the Gorgon Project off Western Australia (WA).
SAS Cargo CEO Kenneth Marx to step down Kenneth Marx, the president and CEO of SAS Cargo, has informed the management of the Scandinavian group that he wishes to resign from his position as leader of SAS C...
Royal Jordanian president/CEO Samer Majali resigns Royal Jordanian's board of directors has accepted the resignation of the president and CEO Samer Majali, effective from 1 August, upon his request. Majali joined the...
Somalia ransom payments soar to $3m RANSOM payments for ships hijacked off Somalia have hit a new high of $3m and prices are expected to continue rising
Kidnap cover achieves recognition by mutuals
Shell and Sovcomflot form Arctic LNG alliance COMPANIES join forces to tap huge potential for liquefied natural gas shipping in Arctic waters.
Royal Caribbean targets $250m from bond issue ROYAL Caribbean has come to the US capital markets with a plan to raise $250m through a bond offering.
Philippines fixes Aden rules THE PHILIPPINES employment association has approved a resolution covering the deployment of its seafarers in the Gulf of Aden, Fairplay learnt today
De Poli shipyard to go bankrupt? VENICE'S Cantieri Navali de Poli shipyard may become bankrupt after only a few of its 740 creditors backed a preventive agreement that would have stopped it
Patrick, P&O settle collusion case AUSTRALIAN stevedores Patrick and P&O Ports have settled a collusion case brought by the Australian Competition and Consumer Commission over the jointly-owned vehicle handler Australian Amalgamated Terminals
LPG tanker raided in South China Sea AN LPG tanker has been raided and the crew robbed of cash and other belongings in the South China Sea
Pirates free Belgian dredger PIRATES have freed a Belgian dredger hijacked two months ago off the Seychelles
Shell bags Russian offshore deals SHELL has struck a deal with Russia to develop several gasfield projects in the country, following a meeting with prime minister Vladimir Putin
Royal Caribbean pares outlook ROYAL Caribbean said today that fuel and currency moves will cut earnings, but reported hopeful signs on pricing
Merger barges in Merger of US energy players Teppco and Enterprise Products Partners to include a 223-unit tank-barge shipping business.
Bulker buy tied up OceanFreight confirms purchase of 2004-built capesize, which has been chartered for three years.
Sale stalls Chemikalien Seetransport sees Chemtrans Lyra sale hit the buffers for a second time, brokers say.
Index launched Investor relations outfit launches indexes to track US-listed shipping stocks.
Two bridges hit Damages are described as minor after products tanker Kriti Jade strikes two bridges near San Francisco.
Dismissal upheld Federal appeals court in Virginia upholds judge's ruling that a dispute over MSC Johanna collision with a dredger in 2007 should be battled out in China.
High & low notes RCCL eyes $250m from notes issue amid warning rising costs will hurt its full year returns.
Grey cruising Grow old and get ill with like minded 'shipowners' in sunny Florida.
Safe and well Ariana's Ukrainian crew in good physical and mental shape after vessel was hijacked on 2 May.
Bergshaven fights Shipowner who lost retrospective tax battle hopes to take $31m claim to Norway's supreme court.
Cash for Havila Oslo-listed offshore owner gets NOK 50m to play with following TRS deal with DnB NOR.
Eitzen robbed Knife-wielding pirates hit Eitzen Gas vessel in the South China Sea as attacks in the region escalate.
LIC has nibble Indian insurer snaps up another 2.6% of domestic shipbuilder Bharati.
Aegean collision Schulte boxship and Atlas general cargo vessel clash off Turkey, but no injuries reported.
Sovcomflot signs Russian owner agrees cooperation deal with Shell for LNG projects and tanker charters.
Loan window GSL given an extra month to rearrange $800m loan, with dividend again put on ice.
MPSV chopped Dof Subsea cancels Indian newbuilding order with deposit on its way back to Steve Brown-led owner.
And costs too Hapag-Lloyd faces $20m bill as judge follows up streamer collision ruling with order for container line to pay most of the legal costs.
Picket scrapped US to Hawaii line Matson averts strike action by inking deal on officers' pay with unions.
Discounted deal Premuda agrees a 15% price reduction to dispose of panamax tanker.
Attack averted Iranian navy warship foils pirate plan to hijack NITC VLCC in Gulf of Aden.
Q-Ship fixes Qatar owner signs two-year time charter for 2006-built aframax with India's Bharat Petroleum.
Five on block TTA to sell five bulkers by September amid gloomy market outlook, says Chandchutha Chandratat.
Box hunt Some of the containers of toxic chemicals that fell overboard Safmarine vessel have been recovered.
Aground German-owned MSC-chartered containership grounds in Sepetiba Bay off Brazil, but no pollution reported.
Car crash Wallenius Lines vehicle carrier damaged after hitting pier at Hueneme, California.
Catch 22 DNV study rules out year-round trans-Arctic liner services between Europe and Asia for now.
Fatigue study Multi-party European research project aims to tackle the problems posed by seafarer fatigue.
Adrift More than 200 passengers stuck on disabled ferry off Philippines, awaiting rescue from sistership.
Pair fixed Norwegian rig owner Seajacks lands UK wind installation gig: to rent land facilities from UK's Port of Barrow.
Rolls-Royce invests in Odim Rolls-Royce buys 33 per cent of the shares in the technology company Odim from Aker Solutions ASA for approximately NOK 700 million. The agreement is conditional on the approval
Sovcomflot and Shell in LNG alliance Shell and Russian Sovcomflot has signed a General Cooperation Agreement ' the two companies will cooperate in potential LNG shipping projects in Russia, including the Arctic region. The agreement includes, among
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