French base to fight pirates, guard oil lanes French Foreign Minister Bernard Kouchner said yesterday that his nation's first military base in the Gulf is an important step in international cooperation to fight piracy and safeguard crucial oil routes.
Rickmers Maritime sees higher Q2 income Singapore-listed Rickmers Maritime expects increased distributable income in its second quarter on the back of new vessels, with another three due later this year when it sees a gradual recovery in freight rates.
Sarawak ports handle less cargo in Q1 Total cargo throughput at three Sarawak ports - Rajang, Kuching and Miri - experienced a drop of 23 to 40 per cent in the first quarter of this year.
Golden Ocean Q1 profit beats forecast, sees Q2 improvement
Order cancellations accelerate at China yards THE rate of newbuilding cancellations at Chinese shipyards accelerated sharply last month, while very few new orders are forecast.
Zhoushan shipbuilders fear impact of orderbook shortfall
Somali gunmen 'renounce piracy' A MASS apostasy by hundreds of hardened pirates is reported to have occurred in the northern Somali fishing port of Eyl.
Golden Ocean profits dip NORWEGIAN bulk operator Golden Ocean has reported a drop in first quarter profit after a bumpy start to the year, writes Craig Eason.
Keppel shares soar on stake sale KEPPEL Corp shares rose a substantial 11% yesterday on hopes of a higher dividend payout following a lucrative deal to sell its entire stake in affiliate Singapore Petroleum Company to China's energy giant PetroChina
Cyclone Aila may hit Mongla MONGLA port in Bangladesh has been advised to stay on high alert as a precaution against cyclone Aila
Berlian Laju plans rights issue BERLIAN Laju Tanker has unveiled plans for a rights issue to shore up working capital
NYK back in West Africa NYK Line has teamed up with West Africa specialists Nile Dutch for operating anew service from Asia to West African ports
Bodies found, but search on SINGAPORE is continuing to search for the two missing crew of the tanker Vertex despite the discovery of two bodies near the vessel
Sale of DFDS vessel failed DFDS Group announces that the sale of the cruise ferry Queen of Scandinavia has fallen through. The unofficial buyer who earlier signed a contract to buy the vessel for DKK
New vessel on Karlshamn route DFDS Tor Line has moved the ro-pax vessel Lisco Optima to the Karlshamn'Klaipeda run; the vessel will enter into service on 26 May. "The Lisco Optima has 25
Cruise vessels will cease pollution in the Baltic The European Cruise Council, which organises all major cruise operators with vessels in European waters, has decided to reduce the discharge of sewage and wastewater in the Baltic Sea. It
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