Strong economy helps lift PSA Int'l gain to record $1.2b PSA International turned in a record net profit of $1.209 billion for 2006, up 14.3 per cent over the previous year.
STX Shipbuilding earns top Q4 profit in 3 years STX Shipbuilding Co, the world's sixth-largest shipyard, earned its biggest quarterly profit in almost three years after building more vessels at higher prices and collecting larger contributions from its shipping unit.
Drive for ship safety sees big fall in casualties LATEST figures show losses sustained by the global fleet last year were half the level at the beginning of the decade.
Minister wants to pull plug on BG's Brindisi project ITALY'S environment minister has called for the revocation of permits granted to BG Group's plan to build a regasification plant in Brindisi.
'Eye in the sky' to tackle illegal oil discharges AN EYE in the sky will be on the lookout for ships discharging oil when at sea in Europe from next month.
LD takes over from Transmanche LD Lines, the Louis-Dreyfus subsidiary, has taken over management of the Newhaven-Dieppe ferry service from Transmanche Ferries
Torm goes long to guarantee earnings DS Torm, the Danish product tanker and dry bulk shipping company, has raised contract cover to ensure satisfactory earnings in an uncertain market
Smyril posts small profit FAROES-based ferry operator Smyril Line has reported a small profit, of £150,000 ($289,000) after four years of significant losses
US plans tug pollution proposal NEW and tougher air pollution rules are planned for tugs, the top US environmental enforcer said on Friday
Forecast for slowing volume growth shadows direction of rate negotiations The psychology of rate negotiations will answer the question about the direction of freight rates on the major east-west trades.
Amendment seeks to codify TWIC criminal exclusions
Auckland's Maersk win has congestion consequences Maersk's decision to centralise more New Zealand direct calls on Auckland has had unwanted consequences, with trucks reportedly crowding suburban streets due to terminal congestion.
PSA sees overseas facilities overtake Singapore
European retailers publish trade policy wish-list
Indonesia's East Kalimantan might be opened to privatisation, if ADB loan fails
Chittagong container terminal lease signed
China COSCO Group to inject more assets into Hong Kong unit
Hanjin and Saigon New Port to build terminal in Ho Chi Minh City
Latest "E-class" Maersk Line vessel to launch into revised AE7
Floods cut FreightLink services
MOL adds South China-Japan links
Railion and Green Cargo JV to drive German-Scandinavian cross-border trains
A week in the Chesapeake Bulker Montrose is still stuck in the mud off US east coast, but crews hope coal lightering will free it by Tuesday evening.
Reefer stalls off US USCG to pull recently-purchased South Korean reefer into Washington port after engine failure.
Tanker rally? "Contrarian" US analyst predicts OPEC surge in second quarter could fuel rates rise, especially for VLCCs and Overseas Shipholding Group.
Pacific Basin satisfied Hong Kong bulker owner happy with 2006 result, despite 26% profit dip year-on-year.
Jiangsu for IPO Chinese shipyarsd set to raise up to $300m through Singapore listing.
Eitzen spring cleaning Norway's Eitzen Chemical lets another 22-year-old unit go for a reported $3.4m.
Chernomorsky in breach Privatisation of Ukraine shipyard could be reversed because conditions of sale not being met.
Sales lift Stena Pre-tax profit up 10% on disposed quintet but freight rates down and heading further south in 2007.
Golden Ocean gets rid Oslo-listed bulker owner sells 74,000-dwt unit for reported $50.2m.
Beltest to sell 10% of Torm Having failed to find suitor last year for whole 32% share, Greek now willing to let up to 10% in Danish owner go.
Ferguson failing Unions and politicians in uproar after Scottish shipbuilder lays off 75% of workforce.
Cyclone cuts cruise short Saga Shipping's Spirit of Adventure forced into remote Madagascar port with elderly passengers stranded in adverse weather.
Another sickener for Carnival Holland America Line-operated vessel suffers relapse after second stomach virus outbreak in as many voyages.
Danes lose two Thor Rederi and CJ Helt have sold off two veteran coastal cargoships.
Riga Shipyard slips again Latvian repairer and hull builder hit by higher raw materials costs in 2006 as profit slumps.
Torm tumbles Weaker product tanker market sends profit down a fifth at Danish owner but dry-bulk market on the up.
Eagle's wings clipped Leaking fuel tank puts paid to US ferry for time being.
Mann eyes Russian cars UK-based shipping line wants slice of Kaliningrad vehicle-export trade.
Al-Sabah in at Gdansk? Kuwaiti Emir meets Polish shipyard chiefs to discuss possible takeover.
STX swings to profit Korean shipbuilder erased 2005 loss last year as demand for high-value ships picked up.
CSG inks panamax six-pack China Shipping Group returns to Dalian to splash out over $300m on series of 76,000-dwt tankers.
Aussies in large PSC haul Seventeen ships were detained in Australia in January due to port state control deficiencies.
Class pairs up Two of the IACS big boys ink agreements with smaller regional players in Europe and Asia.
Oh takes over at KRS Kong-Gyun Oh named as new chairman and chief executive of the Korean Register of Shipping.
New agreement signed for eye in the sky EMSA and the European Space Agency (ESA) has signed an agreement for cooperation in maritime monitoring and surveillance. Under this ...
Boosted output in Primorsk paves the way for B-MAX project The new pipeline, that will increase the output of Russian crude over Primorsk considerable, has also brought Stena's B-MAX ...
24 kilo cocaine in crew quarters on vessel in St Petersburg During an inspection of the vessel San Emeral in St Petersburg, the Russian customs found 24 kilo of cocaine. The ...
Meeting to consider main engine fuel rules California seeking further discussions with new regulations already at planning phase.
Supplier alliance resumes supply Bulgarian firm back in business in Romania but home market still at a standstill.
Sales manager leaves Black Sea supplier
Shipping CO2 emissions worse than thought New studies show CO2 contribution from global shipping is twice that of airlines.
ARA market: Smit strike ended
Hong Kong 'balance only momentary' Fresh cargoes have arrived to alleviate fuel oil shortages in the bunker market.
Deal signed to develop Sri Lanka bunker facility China and Sri Lanka have signed an agreement to develop the latter's bunkering facility in the Hambantota district.
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