Hyundai Heavy sees orders soaring again this year Hyundai Heavy Industries, the world's largest shipyard, expects to boost orders 54 per cent this year as growing global trade and increasing oil exploration spur demand for vessels and offshore equipment.
Shipping Times
Cathay offers its pilots up to 12% pay rise Cathay Pacific has offered its pilots pay rises of up to 12 per cent after they threatened to work to rule over Christmas, a report said yesterday.
Hyundai Heavy sees orders soaring again this year Hyundai Heavy Industries, the world's largest shipyard, expects to boost orders 54 per cent this year as growing global trade and increasing oil exploration spur demand for vessels and offshore equipment.
Shipping Times
Cathay offers its pilots up to 12% pay rise Cathay Pacific has offered its pilots pay rises of up to 12 per cent after they threatened to work to rule over Christmas, a report said yesterday.
Bahraini interests take majority stake in IM Skaugen unit Skaugen Gulf Petrochem Carriers owns and operates ethylene, liquefied natural gas and liquefied petroleum gas carriers between the Middle East and global markets
NewLead unveils follow-on Greece-based product tanker and dry bulk operator share price declines after it announces plans to launch a follow-on share offering
European owner cancels order for boxship quartet at HHI Shipowner's financial difficulties cited by South Korean shipbuilder
Dockwise signs contracts worth $95m Dutch heavy lift company signs ten deals at year end
Mark Brownrigg joins New Year's Honours list Chamber of Shipping director-general awarded an OBE
Commodore Barry Bryant honoured by Queen Director-general of Seafarers UK charity appointed Commander of the Royal Victorian Order
Minoan pulls out of Hellennic Seaways sale Deal fails after Anek Lines allegedly fails to make installation payment due on November 30
Dalrymple Bay could resume coal exports Vital train link to Australian port could be cleared today with coal export operations resuming New Year's day
Jiangsu Lianyungang Port to up handling charges Rise in operating costs leads to increased charges at one of the largest dry bulk ports in eastern China
DP World loses Mina Zayed port management contract Dubai company says no binding agreement reached in talks on new Port Khalifa
Shanghai Shipyard hits record completion volumes State-owned yard delivers a total of 17 vessels, including a 57,000 dwt supramax vessel, which was handed over to Nanjing Ocean Shipping on December 28
MISC unit gets $137m loan Funds will finance Southeast Asian offshore project
Flooding shuts Australia's Port of Bundaberg Coal stockpiles dwindle at Gladstone Ports' RG Tanna Coal Terminal
Cyclone fear stymies Port Hedland INBOUND iron ore shipments to Port Hedland have reportedly been suspended after forecasts indicated that a cyclone could hit Western Australia
Venezuela drug law seen as threat MARINERS could face prison terms of up to 25 years under a Venezuelan drug law, the International Group of P&I clubs is warning
Three cruise crew indicted in US drug case THREE RCCL crew members are been indicted in Baltimore on charges of smuggling heroin and cocaine into the US
Somali pirates hold 613 as 2010 closes THE YEAR is ending with 26 vessels and 613 hostage seafarers being held by Somalian pirates, according to the EU's anti-piracy force
Ice grips Russian ships RESCUERS today are reportedly trying to reach more than 600 seafarers on 10 vessels trapped in the Sea of Okhotsk ice in the Russian Far East
Year ends with mixed prices Crude futures end the year with prices above the $90 level; analysts predict next year's prices will soar above $100 a barrel.
Lower prices draw in year-end enquiries Several traders reporting a busy morning ahead of early New Year market close.
Flow meters the 'way forward' Coriolis flow meter 'vastly superior', says a poll participant.
Will global shipping and bunkering volumes increase in 2011? Singapore has had another record year of bunker sales but Rotterdam expects 2010 volumes to be down.
South Korean fuel oil exports valued at $1.68 billion Moves to upgrade plant could leave South Korea with glut of higher-value product.
Durban spot market runs dry Pressure on supply in Cape Town holding prices firm against general market trend.
Two killed as wave hits fuel oil tanker Captain and chief engineer had been checking for damage.
Oil products throughput climbing in Rotterdam This sector has been 'growing enormously for some 10 years' said port authority.
Year closes with dip in bunker prices Demand slack at key Asian ports, traders say.
Nissan unveils 'first of a kind' eco-ship Vessel capable of cutting 800 tonnes of fuel consumption a year, according to the company.
China: Bonded bunker firms top fuel oil importers in 2010 Takes four out of top five positions, according to a local report.
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