Coastal expects new OSV orders of RM400m in 2008 Coastal Contracts Bhd expects to secure a further RM400 million (S$173 million) worth of new offshore support vessel (OSV) orders this year, The StarBiz reported, quoting executive chairman Ng Chin Heng.
FedEx gives disabled an opportunity to sail FedEx Express is helping to bring sailing to the disabled by entering into a two-year sponsorship agreement with Sailability Singapore, an organisation under the auspices of the Singapore Disability Sports Council (SDSC) which seeks to make sailing accessible to disabled Singaporeans.
K-Line signs US$2b deal to carry coal Kawasaki Kisen Kaisha, Japan's third-largest shipping line, signed a contract worth US$2 billion over 10 years to carry coal for JSW Steel Ltd and JSW Energy Ltd, securing cargo rates amid a drop in the market.
CMA CGM does not rule out further mega-partnerships Alain Wils says that more mega-partnerships between container shipping's "big three" cannot be excluded.
CMA CGM sets the pace with 58% income rise
Clarkson stands strong against fresh claim LONDON-based broker is the target of another claim from Russia's Sovcomflot.
Hapag-Lloyd splits from parent Tui CONTAINER shipping arm is to be separated from parent group, creating great interest from potential investors.
Black Tide on the beaches of Brittany THIRTY years ago yesterday - 16 March 1978, to be precise - the accident everyone had been dreading occurred on the coast of Brittany.
Togetherness ticks all boxes CO-OPERATION between classification societies makes a great deal of sense, always supposing it is undertaken in a way that does not alert the dawn raiders of Brussels competition regulators.
K Line signs $2Bn bulk deal Japanese operator "K" Line has secured a ten-ship long-term consecutive voyage charter (CVC) deal worth about $2Bn over ten years with subsidiaries of the Mumbai-based O. P. Jindal Group
Catalonia ships in drinking water DROUGHT-hit Catalonia has chartered seven cistern tankers to ship drinking water into Barcelona
Taiwan vote could boost China trade THE forthcoming election in Taiwan could result in a radical new trading relationship with China, according to a report in the Macau Daily Times
China approves coal exports CHINA is allowing coal exports to continue despite its struggle to meet huge domestic demand for the commodity, says a Bloomberg report
No Coast Guard split Two US maritime officials say splitting the US Coast Guard's maritime safety and homeland security functions is not in the cards.
Algoma buys Viken trio Canadian laker operator splashes out $38m for elderly handysize bulkers.
Legal claim drags Clarkson down Shares in London-listed shipbroker sink to 15-year low after news of $71m Sovcomflot claim.
Eternally optimistic Despite volatility in the market, outgoing Connecticut Maritime Association President Peter Drakos says he's upbeat about the shipping market.
TUI capitulates Hapag-Lloyd in play as owning group gives in to shareholder pressure to put fifth biggest container line on new course.
Preparing for CMA The tables are set for the Connecticut Maritime Association's Shipping 2008, and TradeWinds Web TV is gearing up to take you there.
Sovcomflot in new Clarkson claim Russian shipowner serves fresh $71m case against the London-based shipbroker amid accusations of vessels being under valued.
DFDS takes Norbulk twins Pair of 2000-built ro-ros to be used on Danish owner's North Sea routes to replace older tonnage.
Maersk in ratings deal Danish company continues to backtrack on redundancies with latest improved offer.
Nakilat storms ahead Qatari LNG ship owner records a three-times hike in annual profit but earnings-per-share not as inflated.
Hemas eyes shipping Fresh from first ship agency deal, Sri Lankan group wants more marine action.
Fair wind for Vroon Dutch shipping group secures long term Centrica charter for wind turbine installation vessel.
Bulker holed in NY harbour Eagle Bulk-operated supramax sustains large gash above waterline in collision with dredger off Staten Island.
Forth falters UK ports operator posts lower 2007 profit after halting land sales, but terminals performing strongly.
Eimskip stretched in Q1 Icelandic boxship and reefer owner's logistics buys push it to bigger initial loss in 2008.
EPA pens new gas cap US inks new ship emissions rules which it claims will bring savings of $12bn per year.
Azizan joins MISC AET tankers boss heading east to replace the retiring Shamsul Azhar bin Abbas.
Arkas in bulker move Fast growing Turkish containership group to invest in dry cargo tonnage.
Brostrom banks sale profit Swedish owner sells 37,000-dwt products carrier to partner Furetank for tidy gain.
CMA CGM shows pristine profit French boxship giant makes a fortune in 2007 as 98 ships are added to fleet and acquisitions chip in.
Kuehne on TUI tail? Majority shareholder of Kuehne + Nagel said to be part of bank-led group which could bid for Hapag-Lloyd.
Clarkson cashes in Booming bulker prices boost sale and purchase division while dry-cargo charter revenues reach record levels at London-listed shipbroker.
Indonesia wants variety State worried that domestic owner Arpeni has coal monopoly and orders power company PLN to look elsewhere.
Evergreen eyes Haiphong Taiwanese boxship owner to link "fast-growing" Vietnam to Kaohsiung hub.
Samsung confirms drillships DryShips looks to have declared options for two more units worth a combined $1.3bn at Korean shipyard.
Subic warned on safety Philippines threatens "to go after" sub-contractors who put lives at risk at huge Hanjin shipyard.
K Line inks monster CVC deal Shipowner to supply ten ships for India's JSW Group in deal set to create annual revenues of $200m.
Asians triumph in Mexico Consortium of Korean and Japanese companies to build and operate LNG receiving plant.
Torm's best result ever D/S Torm reached an all year result close to the forecast of USD 810-820 million. The result was USD 792 million after tax and after some USD 15 million to implement the OMI fleet in Torm. The revenue was ...
Baltic Pilot starts deep sea pilotage on the Baltic Sea The privately owned Finnish company Baltic Pilot Ltd Oy is going to start deep sea pilotage on international water in the Baltic Sea. The primary target groups are dry cargo vessels and tankers. In this sector especially the oil transports ...
Mols-Linien reached profit record Mols-Linien A/S had a record high profit of DKK 63 million in 2007, up by DKK 10 million compared to 2006. The result came in a year when several factors affected the company negatively. Fuel costs went through ...
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