PSA is welcome as an investor: Le Havre port THE French port authority of Le Havre, in expanding its port capacity to attract more cargo from Asia, is looking at investors keen on operating its new common user and dedicated terminals.
PSA's local volume rises 4.4% on growing trade PSA International Pte, the world's second-biggest container port operator, said it handled 4.4 per cent more containers in Singapore in the first four months from a year earlier, because of expanding trade.
Logistics units may earn 25% of profit by 2011: NYK NIPPON Yusen K K, Japan's largest shipping line, said its distribution and logistics businesses may double their contribution to profits in the next five years, as it diversifies to reduce dependence on seaborne cargo.
Faulty twistlocks ruled out in box loss inquiry Faulty twistlocks were not to blame for a spate of container losses this winter, an investigation by Germanischer Lloyd has concluded
'EU coastguard' spectre back on Brussels agenda BRUSSELS is planning to use the forthcoming transport policy revision to relaunch its push for the creation of a European coastguard, according to a document seen by Lloyd's List.
Study shows shipping is failing to meet new sulphur emissions target A STUDY by DNV Petroleum Services has confirmed the shipping market's "lack of readiness in meeting the 1.5% sulphur requirement of sulphur emission control area regulations" - with sulphur levels in marine fuels at some ports actually rising when they should be falling, writes Neville Smith in St Petersburg.
Twistlocks 'not to blame' for box losses FAULTY twistlocks were not to blame for a spate of container losses this winter, an investigation by Germanischer Lloyd has concluded.
SCI eyes up China yard option SHIPPING Corp of India, which plans to acquire up to 14 bulk carriers of different sizes, will probably have to turn to Chinese shipyards.
Horrocks successor lined up for ICS top job THE LONG search for a successor to Chris Horrocks, secretary general of the International Chamber of Shipping and International Shipping Federation since 1978, is almost over.
HHI, Samsung back in profit HYUNDAI Heavy Industries and Samsung HI posted healthy profits for the first quarter of the year, but Daewoo Shipbuilding remains weak
NYK hits profit record CONSOLIDATED net profit at Nippon Yusen Kaisha (NYK) grew 29% to a record Y92Bn ($836M) in fiscal 2005 on revenues of Y1,929Bn ($17.4Bn)
Leap in profit at ASRY ARAB Shipbuilding and Repair Yard in Bahrain has reported a leap in both operating profit (at $7.15M) and net profit ($4.95M) compared with the same period in 2006
Cruise faces protest challenge REPORTS of irate passengers aboard Celebrity Cruises' Summit rebelling against cancelled calls point to a growing customer and media relations challenge
Indians expected to send Norway back STAR Cruises' Norway, now known as 'Blue Lady', may well suffer the same fate as French aircraft carrier Clemenceau
U.S. delays ACE truck enforcement Computer glitches force Customs to postpone for a month enforcement of electronic manifest filing for truckers crossing into United States.
Port ID card rules to be published May 22
Loss for Trailer Bridge on lower utilization
Maersk expands in N.C.
Infor to acquire SSA Global
Rail shippers want overhaul of rail fuel surcharges
IMO reviews satellite ship-tracking to fight terror
Bankers to settle finance structure of new Petersburg terminal project Bankers on a project for another St Petersburg container and ro-ro terminal are on the verge of agreeing the equity-structure to enable construction to go ahead, for a 2008 start.
Tensions rise in Chittagong as Dhaka prepares to hand over new terminal
LA/Long Beach loaded containers gain ground
Hyundai Heavy Q1 profits falls 67% from last quarter
Crowley profit soars Crowley's uncannily timed acquisition of Titan last October keeps looking better as first-quarter figures emerge.
Docking stings Trailer Bridge John McCown-led ro-ro specialist Trailer Bridge reports a loss after authorities turn thumbs down to an accounting change.
Samsung turns it around Korean shipbuilder Samsung Heavy Industries makes a profit in the first quarter as revenues increase and orders pile up.
Quintana shares shrug Newly bulkier bulker player sees shares dip 2% as company presents its case for $735m acquisition of 17-ship Metrostar fleet.
Silja bid cash is "ready" Ship chandler, Sigurd Steen, insists he has credible backing to launch $668m takeover offer for Baltic ferry line.
Sagging net at Aries Mons Bolin-led Aries Maritime hopes not to repeat its earnings setback and dividend disappointment next quarter.
Standard Club sets record Surplus of $20m boosts reserves of hard line P&I club which insured lost ferry, Queen of the North.
Sovcomflot better by half First quarter net profits up 55% for Russian tanker owner, despite rates softening in some markets.
Zamil eyes UAE Saudi supply ship owner wants to build shipyard in Sharjah as oil exploration demand grows.
Fantaasia off to Algeria? Estonian owner Tallink may be about to offload ferry surplus to requirements in Baltic.
Naikai back in black Naikai Zosen of Japan leaves a loss-making first six months behind to surpass forecasted profit and revenue figures.
NorFerries bids for Silja Little known Norwegian start up to offer $668m to buy Finnish ferry operator from troubled Sea Containers.
India keeps ship at bay Former cruise ship Blue Lady to be denied entry to India afterall as 12-mile barring order issued by Supreme Court.
All change at Go Carriers Hedge funds move in on UK-listed bulker player after George Fidakis' Globus Shipping sells stake.
Dae Sun rises Small Korean yard Dae Sun Shipbuilding & Engineering pushes profit up on the back of increased orders.
Daewoo down again Losses pile up at Korean shipbuilder Daewoo as a strong won erodes higher revenues in the first quarter.
Hyundai back on track Hyundai Heavy Industries turns from a first-quarter loss last year to a profit as more expensive ships get delivered.
Ghandour back at Daewoo Lebanese owner's Gulf Marine inks pair of VLGCs to add to VLCC orders at South Korean yard.
Asimar's profits double Stock-listed Thai shipbuilder and repairer makes strong start to 2006 with more work and less costs.
Oglebay sells six Great Lakes owner finds buyer for two-thirds of fleet, but still looking for buyers for last three.
Crewman dies on QM2 Filipino detained on luxury cruise line for allegedly attacking colleague and causing his death.
Norwegian bid on Silja Line A new potentil buyer of Silja Line has emerged. According to reports in Finnish press, Norwegian Norferries has filed a ...
ScandLink postpones link to Swinoujscie ScandLink postpones the start-up of the RoPax service between the Norwegian Port of Drammen and Swinoujscie in Poland beacuse ...
Norwegian ferries hit by limited strike Close to 40 domestic Norwegian ferry routes and the tug services at Norway's biggest oil terminals Mongstad and Sture are ...
Maersk, Port of LA lease talks terminated Port authority looking for new tenant as shipowner walks away from negotiations.
Volgotanker's troubles deepen Russia's leading river oil transport company reported to be mothballing fleet due to crippling tax claim.
New ship engine performance analyzer introduced Monitoring system for ocean-going ships claims improved engine performance and fuel efficiency.
Fuel blender prepared for Mediterranean bunker barge operation Blender being pressure tested and approved before installation on Mediterranean bunker barge.
Rotterdam reacts to crude fall
Typhoon causes grounding of oil tanker Oil tanker carrying 1,500 mt of bunker fuel ran aground off the coast of Pinamalayan, the Philippines.
Approaching typhoon may halt Hong Kong bunker deliveries Typhoon Chanchu is expected to hit Hong Kong later this week.
Shipping company raises bunker fuel surcharge Hawaii's largest shipping company said it will raise its bunker fuel surcharge for the third time this year in June.
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