STX to build cruise liners, oil rigs and platforms STX Group, owner of the world's fifth-largest shipyard, will start building cruise liners and offshore oil rigs and platforms through the South Korean company's takeover of Aker Yards ASA, Europe's largest shipbuilder.
No security issue if NOL wins TUI unit: minister German Economy Minister Michael Glos would be pleased if a group of Hamburg investors won the bidding race for TUI's Hapag-Lloyd unit but said that a foreign buyer would not necessarily cause security problems.
MISC Q1 earnings down 9.2% Malaysian liquefied natural gas (LNG) shipper MISC Bhd yesterday reported a 9.2 per cent decline in first-quarter net profit, due to weaker container shipping demand due to the global economic slowdown.
Persian Gulf tanker rates may fall with oversupply
Japan police seeking to arrest 3 anti-whaling activists
Asian shippers threaten law suit over price fixing SHIPPERS prepared to take advantage of new antitrust law in China to fight liner cartel over rates in the country.
Texas VLCC offshore plan unveiled A clone off Texas for LOOPPLANS HAVE been unveiled for a new VLCC port off of Texas, a project that would dramatically alter the market for US crude imports
Hundreds escape BC Ferries fire MORE THAN 500 passengers on a Canadian BC Ferries vessel escaped serious injury when a van loaded with mattresses caught fire
Will it be Hurricane Fay hitting Tampa? PORTS and terminals in Havana and Key West are shut this morning as Tropical Storm Fay passes en route to an expected US landfall near Tampa
Ninth Singapore yard worker killed THE NINTH Singapore shipyard worker to die since June has been killed in a fall
Strike threat aims to push Warsaw WORKERS at Poland's Szczecin shipyard are threatening to strike tomorrow to light a fight under the government's effort to find investors to take over their yard
LNG jump of up to 14% forecast PRODUCTION of LNG might rise as much as 14% in 2009, according to London-based gas industry consultant Andy Flower
Aker Yards loses its name The name Aker Yards will soon be history. South Korean STX has now acquired almost 90 per cent of the shares, and has announced that Aker Yards will change name to STX Europe. Aker Yards in France becomes STX France ...
Billions of dollars to be poured into Russian ports According to the Russian ports organisation ASOP, more than USD two billion will be invested in ro-ro and container handling facilities in the Russian Baltic ports over the next four years. The aim is to challenge Finnish and Baltic ...
Hanne Danica lost a sailor in the Indian Ocean The H. Folmer owned coaster Hanne Danica lost one of their sailors while at sea. The Danish Maritime Authorities now investigate the accident. The able seaman was working on the top of a container when he lost the grip and ...
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