PSA Int'l in JV to develop Argentine terminal PSA International has made further inroads into South America with a joint venture agreement to develop Argentina's second largest container terminal and complementary logistics and warehousing businesses.
Hyundai Heavy plans to deliver 25% more ships Hyundai Heavy Industries Co, the world's largest shipbuilder, plans to deliver 25 per cent more vessels this year as it increases production to work through almost four years worth of orders.
Daewoo Shipbuilding to build parts factory Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, said it will build a 162.2 billion won (S$240 million) parts factory to help work through an order backlog of almost four years.
USCG admits response failures The US Coast Guard has cited over 100 'lessons learned' from its inadequate response to the Cosco Busan accident
Mexico enters recycling fray MEXICO will soon host a new ship-recycling yard at Lazaro Cardenas and hopes to compete for some of the US Maritime Administration's 'ghost ships' on the West Coast
Russian crude loadings catch cold SCHEDULED tanker loadings of Russian crude oil for February indicate that volumes will be down by about 9% on January and 7% compared with February a year ago
Panama seeks cooperation on quality THE Panama Maritime Authority (AMP) has called on industry bodies to help it modernise
Condor dismisses sale speculation SPECULATION in the London shipping market that Condor Ferries was up for sale has been belated dismissed by the company
Top suit settlement reached TOP Ships has reached a preliminary agreement with shareholders in the class-action suit stemming from its controversial 2006 accounting restatement
Green officers responded Among the findings in a report on the spill from the Cosco Busan in San Francisco Bay, inexperienced spill investigators were the first to size up the incident's size.
PDZ sells Gee Hong Malaysian intra-Asian boxship operator offloads 30 year-old containership to Trans Mediterranean.
Histria sells tanker Romanian owner's suezmax headed for conversion after a $22m deal.
Top Ships settles A year after a barrage of lawsuits over an accounting row at Top Ships, the lead plaintiffs lawyers say has settled with the US-listed owner.
Russians bag MPP duo Unnamed Russian interests buy up a pair of 6,850-dwt multipurpose ships for $14m each.
Schepers shears ship 1,104-teu boxship Bernhard S sold to Dutch interests for nearly $21m.
ALG exceeds expectations Mature cruise specialist pledges to splash the cash on new vessels after seeing profits climb 12.5% in last year.
A Fantasy makeover Carnival Cruise Lines will install a new water park during a 35-day dry-docking of the 2,050-berth Carnival Fantasy.
Clipper nips more DFDS Danish owner almost doubles stake in compatriot ferry outfit to over 10%.
Takama priced at $45m Prosafe's purchase of a 1987-built VLCC for conversion into an FPSO is reported at $45m.
Use it or lose it Isle of Man ferry operator warns customers one ship will have to go if numbers don't improve.
CPP dividend grows Nasdaq-listed Capital Product Partners hikes dividend to $0.395 per share, a 2.6% increase.
Tsakos fixes two Unnamed South American state oil company takes newbuilding panamax tankers on three-year charters.
Star Bulk buys again Tonnage-hungry, Akis Tsirigakis-led Star Bulk Carriers takes Japanese capesize for over $83m.
Great Offshore profits surge Indian offshore player sees nine month revenue rising despite increased costs.
ITF blasts 'joke' contract Ship detained at UK port with ISM deficiencies as crew fear taking it out to sea.
Captain Uskov search still on China says it is still looking for the missing cargo ship, dismissing as premature reports it has been found.
Skaugen wins China approval Norwegian owner to form new Chinese holding company to pool yard and gas investments.
AAS continues red run Jones Act tanker player sees losses widen in the fourth quarter despite an increase in charter revenue.
Better again for Bharati Expanding Indian shipbuilder pushes up profit in third quarter as revenues jump.
Total opens wallet French oil major to settle entire EUR 192m civil fine in Erika ruling but pushes ahead with criminal appeal.
Shreyas curtailed by costs Nine-month profit falls as wages and fuel bills rise for Indian feedership owner.
G&B on the up UK general cargoship owner expects revenue increase this year after boosting fleet capacity.
Hush didn't hurt A new report into the Cosco Busan oil spill will attack the USCG for keeping quiet about the incident but praise the crew for its rapid response.
Scandlines ferry bashed Passengership suffers 18-metre crack in hull after hitting pier in bad weather in Trelleborg, Sweden.
Forth fends off oil transfers New rules on ship-to-ship operations could thwart Skaugen's plans for Russian crude in Scotland.
Gdynia talks to begin Field narrows to two in battle to control and revive Polish shipbuilder.
Numbers up at L&T Indian shipbuilder sees increased orders push up third-quarter profit by 40%.
Profits slide at MMM Under performing vessels help to push Malaysian Merchant Marine to a loss in the first quarter.
Kherson stronger Ukrainian shipyard increases 2007 profit after emerging from bankruptcy in 2006.
SCI revs up engine plan Indian shipping giant teaming with Cochin Shipyard and ports to make diesel units for domestic yards.
Vinalines primed for ports State-owned shipping firm to build nine ports over the coming year, CEO says.
Jan De Nul back at Uljanik Belgian dredging contractor splashes out on fourth dredger newbuilding at Croatia shipyard.
Heavy profit fall for Tallink The Estonian ferry owner/operator Tallink Grupp reports a EUR 186.6 million turn over for the first quarter in its fiscal year that starts on 1 September. That is EUR 3.7 million less than during Q1 the year ...
Total to pay but also appeal Erika verdict Oil major Total has decided to immediately pay the court ordered damages totalling EUR 192 million to victims of pollution when the tanker Erika sank in 1999. This is in addition to the EUR 200 million the company already has ...
LNG production restarted at Melkøya/Snøhvit LNG production at Melkøya, using gas from the Snøhvit field in the Barents Sea, has been restarted for the first time since 31 October last year, but only at 60 per cent capacity for the rest of 2008. Field and ...
Major shortfall in new bunker barge tonnage Ban on carrying fuel oil in small single-hull tankers is being phased in this year, but only 16% of vessels built since 1996 meet regulation, expert warns.
Petrobras closes for Carnival
New member of Dan Bunkering's trading Team
Hawaiian move to ban residual fuel close to port State senator wants cruise ships to switch to 'cleaner fuel' within five miles of land.
Total expands German supply capacity Charters another barge to meet growing demand in Hamburg and along the Kiel Canal.
Total to pay spill compensation in full But company warns that court's 'unfair' guilty verdict in Erika case could make shipping 'less safe'.
S-Oil to cut February bunkers Cuts in crude oil throughput by Korean refiners signal lower bunker supplies.
Philippines to ban single-hull tankers in April Single-hull ban brought forward from 2010.
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