Osprey Maritime and OMI pool product carrier fleets Osprey Maritime and OMI are creating one of the world's largest product tanker operators by pooling their fleets in a new jointly-owned company.
Bangemann cancels Seoul trip OUTGOING European industry commissioner Martin Bangemann has performed an about-turn and cancelled next week's planned trip to Seoul to discuss alleged unfair competion by South Korean shipyards.
Clydeport airs plan for Glasgow ro-ro terminal SCOTTISH ports company Clydeport has unveiled plans to build a new ro-ro terminal at the former Scott Lithgow site at Port Glasgow on the Clyde.
Asian crisis drives Norden into red Norden, the Danish tanker and bulker operator, plunged into the red in 1998 blaming the financial crisis in Asia.
Legal twist in Newport News takeover bid GENERAL Dynamics' unsolicited bid of nearly $2bn to acquire Newport News Shipbuilding has taken a strange new twist thanks to the Department of Justice.
Milan listing for Grimaldi ferries SHAREHOLDERS in Grimaldi Group cruise ferry subsidiary Grandi Navi Veloci have voted to start the process to list the company on the Milan Stock Exchange.
Green lobby victory on ship arrest convention A NEW international convention is set to strengthen the hand of claimants seeking to arrest ships over pollution incidents.
Van Ommeren double order for 3 Maj Sweden's Brostroms Group has ordered two 35,000 dwt product/chemical tankers from Croatia's 3 Maj shipyard.
BHPT action dropped ASP bid rejected Executives of the Australian Institute of Marine and Power Engineers will meet representatives of ASP Ship Management in Melbourne today to discuss their differences which have delayed vessels managed by the company. This follows the company's failure in the Australian Industrial Relations Commission on Tuesday to restrain the Institute from taking industrial action ASP took the action under section 166A of the Workplace Relations Act. Commissioner Wilks did not grant the application, instead repeating an earlier recommendation that the parties meet and discuss their differences.
Wilhelmsen, Contship swap ECNA slots Wilhelsen Lines and Contship Containerlines have announced a slot-swapping deal on the East Coast North America-New Zealand/Australia leg of their respective round-the-world services, effective mid-year. Beginning in June, Contship will charter container space on Wilhelmsen's three roll-on/roll off services -- the third of which is the re-routed African loop, announced last week (DCN, 11 March) -- providing additional container capacity and upping Contship's frequency in this trade from every 10 days to weekly.
'The fastest Irish pub in the world' Austal Ships yesterday hosted a St Patrick's Day celebration at the fastest Irish pub in the world when it launched its latest high-speed vehicle-passenger ferry, the 86-metre Jonathan Swift. The $70 million vessel, has a service speed of 39 knots and can accommodate 800 passengers and 200 cars.
Melbourne pleases Patrick, customers The Melbourne waterfront continues to perform strongly for Patrick, according to the company's chairman, Chris Corrigan. Mr Corrigan told the Australian Institute of Company Directors earlier this week that the average container handling rate in Melbourne was now at or near the government benchmark of 25 moves per hour, a full 25 per cent higher than last year with a greatly reduced number of employees.
Another Kooragang expansion The Kooragang coal terminal at the port of Newcastle is to undergo a $345 million expansion. The board of Port Waratah Coal Services has approved the expansion which will be performed in two stages and increase the capacity of the facility by 23 million. The initial investment will expand capacity by 12 million tonnes per annum, a 16 per cent increase.
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