Dubai port operator awards London Gateway contract Dubai's port operator said on Wednesday that it has awarded a US$745 million contract to British firm Laing O'Rourke and Belgium's Dredging International for the first phase of a project to develop a port and business park in Britain.
Lockheed may get more orders from US Navy Lockheed Martin Corp may realise sales of as much as US$640 million from the US Navy's decision to cut back its newest destroyer programme in favour of buying eight more of an older class of ship, according to a company estimate.
Harbour fees push Rotterdam port's H1 profit up 18% The Port of Rotterdam, Europe's largest, said first-half profit rose 18 per cent, buoyed by higher harbour fees and increased cargo flow.
Frontline Q2 operating profit lags forecasts
Logistics
FedEx may lose US$3.5b from driver classification dispute FedEx Corp tells its ground-service drivers when to work, what to charge customers and what kind of socks and shoes to wear, the workers say. Drivers who sued the company argue that that makes them employees.
Dubai port operator awards London Gateway contract Dubai's port operator said on Wednesday that it has awarded a US$745 million contract to British firm Laing O'Rourke and Belgium's Dredging International for the first phase of a project to develop a port and business park in Britain.
Lockheed may get more orders from US Navy Lockheed Martin Corp may realise sales of as much as US$640 million from the US Navy's decision to cut back its newest destroyer programme in favour of buying eight more of an older class of ship, according to a company estimate.
Harbour fees push Rotterdam port's H1 profit up 18% The Port of Rotterdam, Europe's largest, said first-half profit rose 18 per cent, buoyed by higher harbour fees and increased cargo flow.
Frontline Q2 operating profit lags forecasts
Logistics
FedEx may lose US$3.5b from driver classification dispute FedEx Corp tells its ground-service drivers when to work, what to charge customers and what kind of socks and shoes to wear, the workers say. Drivers who sued the company argue that that makes them employees.
K Line's heavy lift ambitions takes a hit ITS German unit SAL has ended a contract for four heavy-lift vessels after the shipyard asked for a higher price.
K Line moves to ensure shiprepair space
Daewoo confirms KOTC order at record price EACH of the four VLCCs in the order will cost $177m, and all the vessels will be delivered in 2012.
MISC yet to hear from crew and hijackers of tanker THE Malaysian company is working with authorities to monitor the situation.
Frontline shares drop on quarter data SHARES in Frontline fell today in Oslo after its second-quarter profits fell short of forecasts for the world's largest crude tanker company
Sulpicio told to add outside overview MANILA has told the Philippines ferry operator Sulpicio Lines that it must hire an outside company to manage its ships before it will be allowed to return its fleet to full operation
Three die as workers used for yard test PROTESTERS have carried a mock coffin through Istanbul to dramatise their allegations of poor safety in Turkish shipyards
Stubborn Fay dogs cruising TROPICAL Storm Fay continued today to churn off the eastern coast of Florida, forcing more scheduling changes for cruise lines
Demand surges for US mariners THERE is demand aplenty for US mariners, according to new data released today by the US Maritime Administration
Los Angeles, Long Beach rebut ATA's clean-trucks case The ports filed a motion opposing the trucking group's bid to block the program's concessions provision.
Customs to withdraw proposal to eliminate first-sale rule
Charleston earnings top record, despite decline in boxes
CMA CGM to open joint terminal in Tianjin
Intermarine reduces fuel surcharge
Rail carloads, intermodal units decline
CEVA profit rises 3.2 percent
Rep. Stephanie Tubbs Jones, sponsor of HMT bill, dies
Camillo Eizten orders four supramax bulkers Camillo Eitzen & Co ASA (CECO) has ordered four supramax bulk vessels, to be delivered from Japanese yards in 2012'2013. All four units are 60,000 DWT and long-term contracts of about 30 years has been secured for the vessels ...
Malaysian vessel hijacked off Somalia Malaysian MISC confirmed yesterday that the chemical tanker Bunga Melati Dua has been hijacked by armed pirates off the coast of Somalia. The vessel was carrying 32.000 tonnes palm oil when it was attacked in the Gulf of Aden ...
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