STX OSV to double Brazil output capacity STX OSV Holdings, the biggest maker of oil-rig support vessels, plans to double capacity in Brazil as Petroleo Brasileiro SA works through the world's largest oil exploration investment plan.
More ships to be LNG-powered The number of ships powered by liquefied natural gas (LNG) may jump tenfold within five years as anti-pollution rules force owners to switch to the cleaner-burning fuel, the industry's biggest engine maker said.
S'pore bunker sales up 0.1% in Oct Marine fuel sales in Singapore, the world's largest bunker port by volume, edged up 0.1 per cent to 3.56 million tonnes in October on the back of higher vessel arrivals by tonnage, official data showed yesterday.
Cosco and Rotterdam in new steel pact The Cosco shipping company and the port of Rotterdam are going to jointly promote the handling of steel and heavylift cargo in Rotterdam. Cosco's COO Guo Jing and Rotterdam's CEO H...
Wincanton reports good results in H1/2010 The logistics service provider Wincanton has released its results for the six months of the business year (to 30 September). Revenues increased by 2.1%, from GBP 1.079 billion to G...
JF Hillebrand acquires Lagena Distribution in Sweden The German beverage logistics specialist JF Hillebrand, based in Mainz, has strengthened its ability to provide dedicated wine and beverage logistics services in Sweden with the ac...
ALE and CATT combine heavylift forces in North Africa The British heavylift specialist Abnormal Load Engineering (ALE) and the Tunisian freight forwarding enterprise Compagnie d'Affrètement et de Transport de Tunisie (CATT), are setti...
Saigon Newport to ship goods to and from Phnom Penh port The Saigon Newport Corporation has signed an agreement to ship goods to and from the Phnom Penh autonomous port (Cambodia). Bui Van Quy, general director of the Saigon Newport Corp...
Rickmers-Linie ships Kirow railway cranes to China Extraordinary shipments are a common sight at the Wallmann breakbulk terminal in Hamburg, in which Rickmers-Linie, a breakbulk and project cargo specialist headquartered in Hamburg...
HHLA continues to recover Hamburger Hafen und Logistik AG's throughput and volumes continued to recover in the first three quarters of 2010. After nine months, throughput in HHLA's Hamburg and Odessa contai...
TBS granted more time LENDERS of embattled tweendecker and bulker owner TBS International will give it 45 more days to cure its debt squeeze, the company confirmed today
Fredriksen back on bond trail JOHN Fredriksen's tanker and bulker company Ship Finance International is offering $400M in bonds to refinance debt and push back maturities
Horizon to add inland rail HORIZON Lines will offer direct rail service to inland US cities when it starts a new service from China in December
Pirates take Chinese cargo ship PIRATES have hijacked a Chinese general cargo ship with 29 crew members in the Somali basin, EU NAVFOR reported today
BDI falls for four weeks THE BDI fell again today, completing four weeks of continual declines on fears about vessel oversupply
Frangou shuffles Capes ANGELIKI Frangou's Navios Partners today announced the purchase of two recently delivered Capesizes from sister Navios Holdings
Stowaway terror fears quashed TWO PALESTINIAN stowaways found on a reefer ship off Massachusetts do not pose a terrorist threat, US Customs told Fairplay today
Navios Acquisition follows suit New York-listed tanker owner emerges as the latest Angeliki Frangou affiliate to call on capital markets for cash.
Paragon maintains top marks Diversified Greek owner trumps third quarter estimates with 13-period winning streak.
PGS plots private placement Oslo-listed seismic owner turns to the capital markets as it looks to splash $500m on 3D duo.
Diana eyes 'gradual' growth New York-listed bulker owner still wary of orderbook but ship acquisitions are in the cards as oversupply fuels opportunity.
Seadrill claims jack-up crown John Fredriksen boasts the world's largest Jack-up fleet after Oslo-listed firm opens its cheque book to pen more newbuildings.
Gamble not too costly for Remoy Age Remoy's Rem Offshore pushes up third quarter operating profit despite a loss from its AHTS Rem Gambler.
ITC arsenal emerges intact Frontline VLCCs escape auction block as bondholders block bid to transform terms of tanker pacts.
Marco Polo grabs Aussie OSVs Singapore-listed tug and barge owner breaks into offshore game with $21m and a dream.
Putting shipping in sharper focus Readers at sea, in yards and shipping offices are getting their cameras out for TradeWinds's annual photo competition.
Pac Basin orders 10 bulkers Klaus Nyborg-led owner pens handysize and supramax orders at Chinese yards in $284m deals.
India's ABG building profit again Country's biggest private shipbuilder enjoys strong second quarter as revenue rises.
Restis joins nuclear tanker effort Greek owner in Lloyd's Register project to build the world's first nuclear powered tanker.
Nexus running out of time FPSO company has "likely prospects" but existence hinges on signing deal for newbuilding by first quarter of 2011.
Horizon Lines forges rail ties New York-listed liner operator adds rail service to menu as logistics wing gears up for new box loop.
Diana beats Wall Street bets New York-listed shipowner trumps third quarter forecasts as revenue races.
Shell snares Genmar four Oil major snaps up quartet of MR tankers from Peter Georgiopoulos-led owner at a rising rate.
Global Carriers almost even Malaysian tanker owner nears profit after newer ships lift revenues and expenses drop.
Navios bags cape sale cash Angeliki Frangou-led Navios Maritime Holdings eyes more buys after selling duo to related company.
SFI lines up $400m notes issue John Fredriksen-led shipowner kicks off notes issue in a bid to clear debt.
TBS wins more time from banks US bulker owner's lenders agree to let it off principal repayments until 29 December as talks over debt continue.
Volgaflot notches more net profit Russian cargoship owner pushes up nine-month earnings by 23%.
St Peter wants second ship Russian line seeking ice-class ro-pax for new run to Sweden from St Petersburg.
Cargoship and fishing boat collide Smaller ship holed and sunk in clash with Norwegian fish carrier at port of Leirvik.
Officer held over Islamic pamphlets Egyptian seafarer arrested at JNPT in India after trying to convert dockworkers.
Gold buys Golden Ocean shares Dan Gold's QVT Financial takes 5% chunk of John Fredriksen-led bulker owner.
Filipino dies on boxship Crewman found dead on German vessel in Rotterdam in apparent accident.
Fire hits boxship after cargo shift Welding work to stabilise container stack may have started blaze on Ever Superb.
Courage back in the black Hsu Chih Chien-led bulker returns to profit in the third quarter on bigger fleet and higher utilisation.
Subsea 7 seals Brazil gig Kristian Siem-controlled offshore firm wins two year employment from Petrobras for pipelay vessel.
Grounded bulker sold for scrap Vietnamese owner sweating on a scrap deal as vessel flounders off the coast of Myanmar.
Ezion Q3 profits double Singapore offshore player sees better than expected results on the back of jump in revenues.
Explosion hits NewLead bulker Crewman airlifted off Greek ship after suffering burns off the Netherlands.
Geophysical lifts Otto Results at Singapore offshore shipbuilder and operator buoyed by contribution from seismic arm.
Stowaways spark terror alert Palestinian men found on Seatrade reefer Prince of Sounds leads to US terror probe.
Canadian owner interested in Estonian newbuilding The Estonian newspaper Saarte H''l reports that British Columbia Ferry Services Inc (BC Ferries) has shown interest in buying Saaremaa Shipping Company's newbuilding Hiiumaa, which is under construction for delivery
Turkmenistan to order from Estonia The authorities for sea- and river transports in Turkmenistan is according to korabel.ru going to order a 4,450 DWT chemical tanker for USD 10.8 million from Reval Shipbuilding (former
Spectacular salvage operation in the North Sea Last weekend the salvage company J A Rederiet (Jens Alfastsen) conducted a spectacular salvage operation in the North Sea. In heavy weather and winds up to 25 m/s the
Dong buys stake in CT Offshore The Danish state-owned energy company Dong Energy has purchased a 30 per cent stake in CT Offshore, a company specialised in laying offshore cables.
Massive increase in CO2 emissions from shipping The EU's overseas shipping emissions has increased 56 per cent since 1990, according to new statistics from the independent European association Transport and Environment, which has compiled data from EU's
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