Pakistan president opens Chinese-funded port PAKISTAN President Pervez Musharraf on Tuesday inaugurated a multi-million-dollar Chinese-funded deep sea port in south-western Baluchistan province, officials said.
China largest builder of commodity ships: broker CHINESE shipyards gained the biggest share of dry-bulk commodity ship orders for the first time in at least a decade, shipbroker Clarkson plc said.
Wharf 2006 underlying profit falls 5% WHARF Ltd, which owns real estate and ports in Hong Kong, said underlying profit fell 5 per cent in 2006 because borrowing costs increased and its cable unit paid more taxes.
CMA 2007: Marine casualties on the rise, says DNV NORWEGIAN classification society data shows frequency of serious maritime accidents has increased since start of decade.
Backlog builds up as Marseilles strike prolongs SIXTY four ships blocked at Fos-Lavera oil and gas terminal as unions and port authority remain locked in negotiations.
Bourbon pledges to expel rival from Le Havre BOURBON chairman describes arrival of newcomer, SNRH, at port as a 'break-in'.
Leasing plan leaves Russians sceptical RUSSIAN ship owners are sceptical about a leasing proposal put forward by the Ministry of Industry & Energy in Moscow to stimulate Russian shipbuilding
Builders reassess cheaper options NORTH European shipbuilders appear to be reassessing the policy of building hulls in lower-cost east European or Asian yards
Stena lengthenings pay off STENA Line expects the additional cargo capacity generated by extending two ro-pax ferries will boost freight traffic between the Netherlands and the UK
Venezuela is drug transit route SHIP operators should be alert to the risk of drugs in containers loaded in La Guaira and Puerto Cabello, as US concern mounts over the use of Venezuela by drug-smugglers
Cooperation with private sector key to improving port security, says Chertoff Homeland Security Secretary tells meeting of port executives that collaboration with private sector is needed to assure security of ports in the United States.
Backers of box terminal target Philadelphia food hub
Foreign carriers let down by China's cross-border route trial Foreign carriers are disappointed that they have been barred from a cross-border trial route - whereby China's north-to-south cargo is shipped via Russian ports - by the cabotage classification.
Equity for fleet expansion creates a Charter for transparency
Update2: French union decision could end Marseilles strike sparked by LNG terminal staffing issue
Newbuild enquiries strong
Port of Dublin takes 50% shares in Indonesia's Sabang Port
B+H set for Asian listing Michael Hudner's combination outfit mulling Singapore shipping fund.
Aframax grounds in Maracaibo Second incident in a fortnight as Singapore-flagged tanker freed from grounding in Venezuela after some hours.
Attention OMI shoppers! Fast-track bidding process has some bankers grumbling, while private-equity powers Fortress, Apollo and First Reserve emerge as potential suitors.
Stolt delays Oslo-listed tanker owner cannot release annual profit figures after finding error in last year's accounts.
OMI in play With CMA in full swing, TradeWinds polls the pundits for their views on the future of Stamford's tanker owner.
Fuel spill after ferry grounding American Pride hits coral reef in US Virgin Islands, losing half its fuel.
Two in, two out Greek bulker owner DryShips buying two panamaxes, while axing a panamax and handymax.
CMA open for business See how the US shipping industry is riding high as new cash pours in with TradeWinds' exclusive webTV reports.
Evelyn Maersk breaks down New 11,000-teu AP Moller-Maersk mega-boxship encounters engine problem during first sea trial off Denmark.
PNSC returns to India Pakistan's national carrier resumes deliveries to neighbouring country after more than 30 years.
One dead, five missing off Philippines Thirteen crew members rescued as search continues after nine-year-old Panama-flagged vessel sinks.
Ro-ro limps into UK port Three airlifted from Malta-flagged ro-ro after cargo shifts in gale force winds off Hull.
Earnings eroded at Gadot Israeli chemical tanker company sees 2006 profit fall despite 10% hike in revenues.
Vinashin selling again Ambitious Vietnamese shipbuilding group lining up another bond issue to aid expansion.
Yantai aims high Singaporean yard Yantai Raffles expects "substantially higher" figures this year as 2006 finally brings profit.
Bourbon rising French bulker and offshore shipping player pushes up operating profit in 2006 as fleet expansion continues.
Boom hits underwriters Norwegian marine insurers warn of rising claims as owners' fortunes grow.
Kobe Express grounds Hapag Lloyd containership runs into trouble off New York, but the rising tide refloats vessel.
Essar takes a dive Indian tanker owner's failure to buy back enough shares to delist hits stock price.
Yang Ming readies big order Taiwanese owner could soon sign for up to five 8,200-teu boxships, plus two 6,500-teu vessels.
Musharraf opens Gwadar President inaugurates Pakistan's third deepwater port which will be run by Singapore's PSA.
Meiji joins capesize rush Japanese shipowner orders single 176,700-dwt bulker at Mitsui Engineering & Shipbuilding.
Codan/Trygg-Hansa buys Pohjola Marine Codan/Trygg-Hansa acquires Finnish Pohjola Marine, with an marine portfolio estimated to gross written premiums of USD 22 million ...
Good times for shipping hits Scandinavian marine underwriters Oslo based The Central Union of Marine Underwriters (Cefor), which organise marine underwriters in Scandinavia, reports significant hikes in average ...
Birka board says no to Eckerö bid The board of Birka Line says that the bid from Eckerö for all outstanding shares is to low considering the ...
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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