STX Offshore wins US$1.4b vessel order STX Offshore & Shipbuilding Co, owner of Europe's largest shipyard, said it won a US$1.4 billion order to build 10 container ships for a European shipowner, its biggest contract in more than three years.
Strait Talk
Shippers may win battle only to lose the war THE Competition Commission of Singapore is currently holding a public consultation on Proposed Block Exemption Orders that would enable the liner shipping industry to continue to operate the so-called conference system.
Motoring
Singapore queue for $1.25m Lexus continues SINGAPORE has been allocated a fifth unit of the limited edition Lexus LFA supercar and authorised distributor Borneo Motors Singapore is hoping for a sixth because of its 'waiting list'.
GM's Volt fizzles rather than sizzles General Motors (GM), the largest US carmaker, is disputing accusations that its low-emission Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale.
China September car sales up 19%, Q4 growth seen Carmakers in China shipped 19.3 per cent more passenger cars to dealers in September from a year ago, official data showed, extending a rebound begun in August ahead of the peak car sales season.
STX Offshore wins US$1.4b vessel order STX Offshore & Shipbuilding Co, owner of Europe's largest shipyard, said it won a US$1.4 billion order to build 10 container ships for a European shipowner, its biggest contract in more than three years.
Strait Talk
Shippers may win battle only to lose the war THE Competition Commission of Singapore is currently holding a public consultation on Proposed Block Exemption Orders that would enable the liner shipping industry to continue to operate the so-called conference system.
Motoring
Singapore queue for $1.25m Lexus continues SINGAPORE has been allocated a fifth unit of the limited edition Lexus LFA supercar and authorised distributor Borneo Motors Singapore is hoping for a sixth because of its 'waiting list'.
GM's Volt fizzles rather than sizzles General Motors (GM), the largest US carmaker, is disputing accusations that its low-emission Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale.
China September car sales up 19%, Q4 growth seen Carmakers in China shipped 19.3 per cent more passenger cars to dealers in September from a year ago, official data showed, extending a rebound begun in August ahead of the peak car sales season.
STX Offshore wins US$1.4b vessel order STX Offshore & Shipbuilding Co, owner of Europe's largest shipyard, said it won a US$1.4 billion order to build 10 container ships for a European shipowner, its biggest contract in more than three years.
Strait Talk
Shippers may win battle only to lose the war THE Competition Commission of Singapore is currently holding a public consultation on Proposed Block Exemption Orders that would enable the liner shipping industry to continue to operate the so-called conference system.
Motoring
Singapore queue for $1.25m Lexus continues SINGAPORE has been allocated a fifth unit of the limited edition Lexus LFA supercar and authorised distributor Borneo Motors Singapore is hoping for a sixth because of its 'waiting list'.
GM's Volt fizzles rather than sizzles General Motors (GM), the largest US carmaker, is disputing accusations that its low-emission Chevrolet Volt is a hybrid and not a true electric vehicle a month before the car goes on sale.
China September car sales up 19%, Q4 growth seen Carmakers in China shipped 19.3 per cent more passenger cars to dealers in September from a year ago, official data showed, extending a rebound begun in August ahead of the peak car sales season.
Fujitsu and Fiege extend collaboration deal Fujitsu General (Euro) (FGE) and Fiege, a prominent German logistics service provider, have renewed and extended their cooperation in Poland, which commenced in 2005. The deal envi...
Agility appoints Steve Whittingham as MD for Korea and Japan Agility, a leading global logistics provider, has appointed Steve Whittingham as managing director for Korea and Japan, as the company strengthens its management team in these grow...
APM Terminals takes 50% stake in Brazilian facility APM Terminals, which is part of the Maersk group, has taken a 50% stake in the Brasil Terminal Portuario container terminal (BTP), which was built by the company Europe Terminal, w...
"Beluga Stavanger" loads almost 1,000 t with own cranes The construction unit "Kurt", which weighs almost 1,000 t, is anything but light duty. In a remarkable tandem lift the "Beluga Stavanger" used its own crane gea...
DSV adds South Africa branch to network DSV Air and Sea Holding has set up a subsidiary in South Africa. The South African unit recently agreed to acquire the activities of Transmedit Forwarding (Proprietary), which is c...
Canada to invest USD 3 billion in India's road projects Canada has promised to invest USD 3 billion in India's highway projects in the next five years. With this project Canada will turn its focus to India, and away from the U...
Collision causes jet fuel spill A LARGE amount of jet fuel has leaked into the water after a collision this morning between a tanker and a box ship off the Netherlands, Fairplay was told
Google plan would aid shipping GOOGLE'S investment in an underwater 'electrical spine' along the US East Coast could crack open a new market for wind farm project cargo, Fairplay has been told
Strike stirs French fuel fears FRENCH refinery workers today joined the strike by oil terminal workers in Marseilles, raising fear that fuel shortages would result
Agents slam Israel tariff rises MAJOR increases in Israeli port tariffs are more likely to damage its trade prospects than generate more revenues, Israeli ship agents told Fairplay today
September Suez revenues fall SUEZ CANAL revenues fell in September compared with August's results, IHS Global Insight reported today
Cargo ship sinks off Malta A TURKISH general cargo ship has reportedly sunk off Malta
Scorched box ship towed A BOX SHIP involved in an engine room fire has been towed to Cape Town for inspection and repair
Brazil offers hope for offshore Brazilian spot market may be stuck in the infant stage but a broker at RS Platou believes in the 'new' South American dream.
Tsakos inks trio of charter deals Nikolas Tsakos-led Greek keeps vessel and charterer names under wraps in new deals worth up to $53.5m.
Magellan Star pirates face trial Kenya's resolve on piracy trials to be tested as US Navy hands over nine men caught on German boxship.
Bangla accident 'kills three' Shipbreaking under more scrutiny in Bangladesh after three men allegedly crushed under metal plate.
Indonesia gets tough on tax Owners of 400 domestic-flagged ships need to pay import duty, shipowners' association says.
X-Press feeds terminal giant DP World Southampton linked to Scandinavia for the first time in a decade as UK feeder player launches new loop.
Safe bulker fixed Mystery patron poised to pay $20,250 per day for panamax controlled by Polys Hajioannou-led dry-bulk outfit.
Economou tanker in boxship smash Cardiff Marine aframax Mindoro said to be leaking after collision with Bernd Becker boxship off Netherlands.
Fairstar foresees spot strength Dutch heavy lift owner clinches second million-dollar spot deal in less than a week.
Energy giants call Capital Evangelos Marinakis-led owner sheds light on fixtures linked to BP and Petrobras.
Loan hope for Orlova crew Owner of Russian cruiseship held in Canada over unpaid debts trying to raise money to free vessel.
Maersk warns on costs squeeze APM Terminals chief Kim Fejfer says overcapacity in developed nations' ports leading to pressure from emerging economies.
STX confims box splash Korean yard to build four 13,000-teu vessels with six options, with Zodiac believed to be client.
Gun fights in pirate ports Shipping minister captured as deadly fighting erupts in town where Samho Dream and other ships are being held.
Q4 rally hopes killed off Huge vessel oversupply and an absence of floating storage contracts sounds death knell for significant fourth quarter tanker rebound, says Arctic Securities.
Golar written into Java script Oscar Spieler-led Golar LNG Energy named preferred bidder for Indonesian FSRU project.
Polys completes single-hull clearout Greek owner Polys Haji-Ioannou has sold his last single-hulled tanker ahead of newbuilding arrivals.
Ukraine yard liquidated End of the road for shipowner Ukrrichflot's Chernihiv repair plant.
Rodosi damaged in clash NewLead bulker needs repairs to hull gash as probe starts into Australian collision that sank tuna boat.
Conrad wins NC ferry order North Carolina adds second Sound Class vessel at Orange Shipyard in Texas.
Crew saved after Turkish ship sinks All 16 men picked up following Aynur Krk's engine failure and flooding off Malta.
Jurong wins Teekay FPSO SembCorp Marine's Jurong Shipyard to carry out conversion works on FPSO bound for Brazil.
Ferry blaze costs small DFDS says the financial impact from the weekend's Baltic ferry fire will likely be under $2m.
Jan De Nul wins Peru gig Belgian dredging contractor to deepen access at one of Latin America's largest container ports.
OOCL to lift rates again Hong Kong owner to raise rates on North East Asia-Australia service despite impending slowdown.
Man lost from Balmoral Search called off for passenger thought to have fallen from Fred Olsen ship off UK.
Superferries auctioned off US maritime administration snaps up bankrupt Hawaii Superferry ships, for which it is owed $135.7m.
Berg gets a foothold in Brazil Gothenburg-based Berg Propulsion has secured the first contract in Brazil since the company opened its new office in Rio de Janeiro earlier this year. Berg will equip a 64
SRAB again in deep trouble SRAB Shipping in Stockholm announces that it is forced to establish a balance sheet for liquidation purposes. In connection with the Q3 report, the company has made an assessment of
Finnish shipping companies expect better times According to a poll conducted by Shortsea Promotion Centre (SPC) Finland, the shipping companies in Finland believe that the bottom has been reached and that the trade outlooks is now
Collision in the North Sea A Cypriot container vessel, the Jork Ranger, and a Greek tanker, the Mindoro, have collided some 30 kilometres off the Dutch port Scheveningen, Dutch media reports. Nobody was injured but
Danish tug of war in Göteborg As of today, the Danish tug operator Nordane Shipping is offering harbour towage and escort towage in the Swedish port of Göteborg. The Danish company has stationed their two latest
Baltic Excellent on charter to UPM The Mariehamn-based shipping company Birka Cargo Ab Ltd and the Finnish forest industry UPM-Kymmene have agreed on a long term charter for the ro-ro vessel Baltic Excellent
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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