Big drive on to woo the young to careers at sea SINGAPORE is at the epicentre of the Asian maritime trade, but it is desperately crying out for more trained maritime professionals.
A treasure chest of opportunities IS the maritme industry a male dominated sunset industry? If that is the popular belief, the Singapore Maritime Foundation will have nothing of it.
Conoco to pay US$2.3m for oil spill CONOCOPHILLIPS was ordered to pay a US$2.3 million settlement by the United States government for an oil spill involving its shipping arm two years ago, the US Coast Guard said yesterday.
States lashed for not ratifying TBT ban
Strait Talk
The time might be right to sell shipyard shares THE current shipbuilding boom shows every sign of continuing for several years yet, leaving some us - with vivid memories of the collapse of the late seventies and much of the eighties - more than a little perplexed.
Big drive on to woo the young to careers at sea SINGAPORE is at the epicentre of the Asian maritime trade, but it is desperately crying out for more trained maritime professionals.
A treasure chest of opportunities IS the maritme industry a male dominated sunset industry? If that is the popular belief, the Singapore Maritime Foundation will have nothing of it.
Conoco to pay US$2.3m for oil spill CONOCOPHILLIPS was ordered to pay a US$2.3 million settlement by the United States government for an oil spill involving its shipping arm two years ago, the US Coast Guard said yesterday.
States lashed for not ratifying TBT ban
Strait Talk
The time might be right to sell shipyard shares THE current shipbuilding boom shows every sign of continuing for several years yet, leaving some us - with vivid memories of the collapse of the late seventies and much of the eighties - more than a little perplexed.
DryShips chief denies $22m hedging loss was a gamble DRYSHIPS' $22.3m hedging loss arose not from a "gamble" but a bona fide attempt to protect shareholders against market vagaries, George Economou has declared.
Bulkers collide on Mississippi A BULKER sailing down the Mississippi River collided with another bulker on Monday, causing a 12 ft by 6 ft hole in the latter and disrupting commercial traffic, writes Rajesh Joshi in New York.
Mercator lines up $100m IPO in Singapore THE Singapore subsidiary of Mumbai-based shipowner Mercator Lines is to float an initial public offering to raise $50m-$100m.
DP World rebrand drops P&O name from terminals DUBAI port operator DP World is to drop the P&O brand from its terminals business but will retain the name in four other subsidiaries.
Crude oil export drive to sustain suezmax demand over five years DEMAND for suezmax tankers is forecast to increase strongly in the next five years, but 2009 threatens to be a pivotal year with a record amount of new tonnage set to hit the market.
Fesco in profit, but piles on debt RUSSIAN dry cargo carrier Far Eastern Shipping Co (Fesco) has reported first-half results that appear to show a profit after more than year in the red
EU's Marco Polo funding agreed THE second round of Marco Polo funding from the EU supporting short-sea shipping projects has just been agreed in Brussels
UK to fund freight shift to water THE UK is about to launch a new Sustainable Distribution Fund, the key aim of which is to offer funding on projects that shift freight from roads to water and rail
Specialist crew wage costs soar SPECIALIST crew wage costs are increasing faster than almost any other operating cost, according to a report available from Moore Stephens
TUI seeks friendly backers MANAGERS at TUI are seeking friendly investors to prevent a take-over and break-up of the company, but market numbers suggest frustrated shareholders have a case
And the winner looks like...' Singapore Unless Hong Kong manages to catch up a 623,300 teu shortfall, or Shanghai dramatically achieves 36% year-on-year throughput growth, Singapore will win the battle to be top port this year.
Kerala popular movement protest Vizinjam delay
Three more China-South Korea loops in the pipeline
US clears OSG-Maritrans Regulators find no antitrust grounds to block Overseas Shipholding Group's $455m buy of Jones Act tank-barge, lightering player.
OSG confirms Tesoro ships New York owner acknowledges it has placed two more Philadelphia-built tankers with US refiner, making four for Tesoro and 8 of 10 newbuildings under charter.
Flight risk Schroder jailed Master of boxship charged with misconduct for part in fatal collision is behind bars to prevent escape from US.
Muehlhan makes IPO splash German ship coatings rival of Maersk and Teco to go public to expand rig business.
Finnlines to sail on Emanuele Grimaldi will allow Finnish acquisition to remain on current course if takeover bid succeeds.
WOE avoids more woe Stephen Van Dyck led P&I club hangs on to A- rating despite hefty recapitalisation cash call.
GSI on the rise Chinese yard expecting six-fold increase in third-quarter profit as margins improve.
LD out of Scandlines race Consortium seeks new Danish fund after LD Equity pulls out of bid for ferry owner Scandlines.
New chief for Baltiisky Aleksandr Chistov to oversee unification of yard with St Petersburg neighbour Severnaya Verf.
Suezmaxes in fashion Million-barrel tankers expected to enjoy surge in demand over next five years, according to UK broker Galbraith's.
Communards strikes hull deal Ukrainian shipbuilder inks partnership with Norway's Flekkefjord yard for supply ship work.
Better late than never India's Great Eastern finally succeeds in spinning off offshore shipping division
New blood for old owner Long-time Norwegian shipowning company to rebuild after retail tycoon takes 50% stake.
ESL planning China-ME service Emirates Shipping Line to launch Hyper Galex service linking China, India and the Middle East.
Insurance costs soar Shipowners pay more for their hull and P&I cover though other expenses drop.
NOL sees rates decline 10% Singapore liner company sees a double-digit decline in freight rates compared to a year ago.
Fire ravages Pertamina HQ Top three floors of Indonesian state oil and gas company's Jakarta offices engulfed by flames.
Soaring hull and P&I rates last year Shipowners paid an average of 10.6 per cent more for hull and P&I cover last year producing an increase ...
Fjord Norway becomes Princess of Norway DFDS Seaways has chosen the name Princess of Norway for the newly purchased ferry Fjord Norway. At the moment the ...
Islanders fear sale of Scandlines Fanø-færgeriet A/S is a new company being established on the Isle of Fanø. A group of local residents is ...
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