Singamas to expand high-margin box business The world's No 2 shipping container maker, Singamas Container Holdings, plans to expand its specialised containers output, aiming to derive a quarter of its revenue from the higher-margin business this year.
Strait Talk
No square brackets for fuel deal WHEN controversial issues go through the International Maritime Organisation's (IMO) regulation-setting process, many of the most important (and hotly disputed) details are not settled until right at the last moment.
Singamas to expand high-margin box business The world's No 2 shipping container maker, Singamas Container Holdings, plans to expand its specialised containers output, aiming to derive a quarter of its revenue from the higher-margin business this year.
Strait Talk
No square brackets for fuel deal WHEN controversial issues go through the International Maritime Organisation's (IMO) regulation-setting process, many of the most important (and hotly disputed) details are not settled until right at the last moment.
STX move for Aker Yards 'offers opportunities' MINISTER of trade and industry says takeover bid raises "concerns" but offers commercial opportunities for Norway.
Eurotunnel bullish after posting brilliant profits ENGLISH Channel tunnel operator posts historic $1.6m net profit for 2007 and is confident about current year results.
US LNG reverses gains US imports of LNG finally revved up last year, but 2008 volumes are being 'greatly reduced' by intense competition for cargoes.
Ezra profits leap on equity sale OFFSHORE support vessels operator Ezra Holdings has reported an eightfold leap in net profit for the half-year ending 29 February, 2008
Sharp rise in Gulf of Aden piracy THE IMB records two new attacks on shipping in the Gulf of Aden in addition to the Le Ponant hijack; a Coalition warship may have saved a tanker shot up by pirate RPGs
Marshalls grab eight more LNG ships EIGHT Japanese-owned LNG tankers slated to service the Qatar gas fields will be flagged with the Marshall Islands, according to flag operator International Registries
Paccship fined for hidden dumping Paccship UK, which manages and operates 10 ships trading between Asia and the US, admitted concealing vessel pollution and was fined $1.7M at a federal court
Cruise vessel evacuated after fire INLAND cruise vessel, Queen of the West, has been evacuated after an overnight fire in its engine-room.
Study: Southern California logistics mecca to lose thousands of jobs in 2008 Declining imports through Port of LA-Long Beach, looming recession to drive 17,900 jobs from Inland Empire distribution center, economist predicts.
Court: Miami port stevedore selection unconstitutional
Exports aid Tacoma boxes
NWA opens Asia-Med route
Export ABCs: Making payment terms work
Container volume powers Cosco Pacific earnings
Hawaii cargo awaits pilot deal
Panalpina routes Euro-LatAm transshipments through Miami
Barge owner gives warning After swearing off giving guidance, American Commercial Lines says it will have earnings in the "low single-digit cents".
Challenge's 29 challenges Among five March detentions, UK port-state inspectors hold a Seatruck ro-ro for nearly 30 deficiencies, a month after its sistership's detention.
Cruiseship suffers fire A fire breaks out in the engine room of the Majestic America Line's 142-passenger Queen of the West.
Building on spec To counteract rising steel and labour costs, Bollinger Shipyards is building four offshore supply vessels without contracts.
SFI offers reinvestment scheme John Fredriksen-led, US-listed company offers up 5 million shares for current holders to gradually accumulate more.
Arnie blasts cruise rule Hawaiian and Californian governors want the US government to terminate an effort to tighten coastwise cruising regulations.
Attica sheds another Greek-owned ferry group pockets $5m from sale of ice-class unit.
Seaspan upgraded Wachovia Capital Markets analyst hikes rating on the US-listed containership owner as the company issues shares.
Canned Seventeen ships were held on safety grounds in US last month, including one with a drunken crew.
Irving late again Canadian conversion of seismic survey vessel overdue, plus owner SCAN reports 'unexpected damage.'
TNWA launches new Med run APL, HMM and MOL team with CMA CGM to step up western Med and Middle East service.
Hebei Spirit crash shown V.Ships provides TradeWinds with video of the crash that led to South Korea's worst oil spill.
Dry heat fires Imarex Norwegian derivatives trader sees first-quarter figures lifted by lucrative dry-bulk sector as tankers lag behind.
Save our ferries Tourist chiefs want Malaysia's Penang service preserved despite bridge to mainland being widened.
Palmali heading to London Turkish tanker owner's president Mubariz Mansimov hatches plan to float 25% of company in UK next year.
Aussies hold 14 Port state checks round up ships owned by Cosco, Precious, Vosco, Tidewater and others during March.
Cosco feels the heat Terminal operator sees stock slide after profits fell short of market expectations.
STX signs for two VLCCs Four becomes two as long-mooted order by STX Pan Ocean for quartet of tankers at sister yard chopped in half.
SNO expecting profit boost Romanian shipbuilder sees earnings up 17% this year as revenues rise.
NMC looking up Philippines feedership owner eyeing 20% increase in cargo volume this year.
Daewoo workers vote for strike Walk-outs dependent on progress of sell-off of Korean state's yard stake, union says.
Bill brings walk-out closer One strike of president's pen will send dockers to the picket lines as plan to end port monopoly is passed.
Seadrill lifts SapuraCrest stake John Fredriksen's Oslo-listed drilling outfit continues to build its stake in Malaysian company.
Coscol doubles up Chinese ro-ro and heavy-lift owner posts big profit jump in first quarter as demand grows.
MSC Lugano under tow Containership left adrift off Australia by engine room fire has begun its journey back to Fremantle.
HHI under pressure to sell World's leading shipbuilder may have to shed interest in Hyundai Oilbank unless it halts legal spat with IPIC.
Mercator books a decade Singapore-listed dry-bulk owner snaps up Augustea post-panamax newbuilding on charter for 10 years.
Somalis urge tough action Local governor says military action against Le Ponant hijackers will halt future piracy problems.
Lauritzen ties up with Tailwind Danish and Norwegian companies team up in five ship ethylene/LPG carrier joint venture.
Notice of strike on Swedish vessels The Swedish ship officers' unions Sveriges Fartygsbefälsf'rening and Sjöbefälsförbundet has issued a notice of strike on Swedish-flagged vessels. The current negotiations on pay and employment terms have been stranded and strike actions are notified for 18 April at 00 ...
50 plans to strenghten Dutch maritime sector The Dutch Cabinet has approved a policy letter filed by state secretary Tineke Huizingas to strenghten the country's maritime sector. The letter includes some 50 concrete plans aimed at reducing environmental impact from shipping, improve maritime safety, increase the competitiveness ...
Two Danish flagged tankers sold to Greece The owner of the two Danish-flagged tankers sailing under the colours of Clipper Wonsild Tankers has sold their units to a Greek operator. The tankers are the Lone Wonsild and Ella Wonsild, both built by Nords'v'rftet in Ringk'bing to ...
Singapore leads debate as host to 'vital' forum Shell Marine Products' CEO heads an array of expert speakers as debate around marine fuel emissions heads to Asia.
Scrubber decision 'absolutely critical' for bunker suppliers UK-based scrubber manufacturer says IMO has cleared the way for ship operators to use 'cost-effective' higher sulphur residual product.
Bunker market report from Praxis
Sulphur reductions welcomed by environmentalists But FOEI delegate at IMO critical of revised MARPOL Annex VI for not addressing particulates as separate issue.
Independent bunkering firm celebrates 25th anniversary Founder Rob Morelis says his company is one of the smallest bunker trading and broking houses in the world.
IBIA welcomes 'multi-solution' approach But bunker industry association cautions that doubts remain about availability of low sulphur fuel.
Rotterdam market continues to firm
Singapore Q1 bunker prices up over 60% year-on-year The days of $450 per metric tonne bunker fuel 'are over' players tell Bunkerworld.
Malaysian port outlines plans to be 'regional feeder' Penang wants to become a leading 'feeder hub' in the region with scope for bunker storage.
Hong Kong limiting bunker tanker numbers Authority's strict control of barge licences may damage prospects for bunker market growth.
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