BW Offshore sees market improving, contracts back BW Offshore will continue to build in Asia and is also on the lookout for more opportunities in the fields here, said CEO Carl Arnet at the naming of its latest floating production storage and offloading (FPSO) vessel BW Pioneer at Keppel Shipyard yesterday.
Agility DGS wins USAID contract Agility Defense and Government Services (DGS), a leading provider of logistics and supply chain services, has won a contract to manage the receipt, warehousing and re-export of foo...
Toll acquires NZ Express Logistics Group Toll Group, an Australian transport and logistics group, has acquired Express Logistics Group (ELG), one of New Zealand's largest freight forwarding companies. ELG currently operat...
Honold leases logistics space from Prologis The German company Honold Logistik Gruppe has signed a multi-year leasing agreement with the real estate developed Prologis, for around 7,000 sqm in a freight village in Augsburg. ...
AirBridgeCargo offers new Amsterdam-Tokyo link AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group, is launching a new Boeing B747 full-freighter service from Amsterdam, one of its European gateways, to Tokyo Narita airpor...
US urges signing of piracy declaration COUNTRIES asked to sign up to New York Declaration to combat piracy and resist ransom payments.
Shipowners warned over crisis cartels and state aid INITIATIVES such as Baltic Max Feeder scheme unlikely to win European Commission approval.
DSME and United Shipbuilding plan $1.5bn Russian yard DAEWOO Shipbuilding and Marine Engineering and United Shipbuilding Corp in joint venture to build yard.
Economou cautions on capacity DRYSHIPS chairman George Economou is sounding more bearish on drybulk's looming overcapacity
Hijacked ship's operator 'hopeful' SEVEN Seas, operator of the bulk carrier Ariana, hijacked by Somali pirates in May, said today the group hopes to hear from the hijackers very soon
Döhle confirms state aid plea HAMBURG'S Peter Döhle shipping company has confirmed that it is seeking Berlin's guarantees for new shipbuilding loans
NCL strikes junk bond deal NORWEGIAN Cruise Line said today it plans to issue $450M in secured notes in connection with a new $750M revolving credit facility
S Korea-Angola trade booms SOUTH Korean exports to Angola rocketed to $1.2Bn last year, from just $173M in 2007, Angola's official news agency has reported
Fire ruins Bremen warehouses BREMEN firemen were still mopping up a fire today that destroyed 40,000m' of warehouse capacity
Repsol and Petrobras picked BRAZIL'S oil giant Petrobras and Repsol of Spain have won a concession to explore for oil and natural gas reserves off Uruguay's coast
DryShips beats Third-quarter profits fall at Economou-led bulker and drilling unit owner but come in above Wall Street expectations.
Moscow orders Unicom chief, Robert Thompson, told to "get on with it" despite unsatisfactory newbuilding deal with Standard Maritime.
NCL in debt move Norwegian Cruise Line readies $450m notes offering and forges $750m revolving credit facility.
Pumping begins Resolve Marine Group begins effort to pump fuel from capsized Black Rose off Paradip.
Order ordeal HHI's orders down 72% in the year to September after six-month dry run.
Brazil yard plan Brazilian ports minister says negotiations are underway for $1bn yard near the port of Santos.
Dohle seeks help German owner applies for state support to help fund its newbuilding programme.
Fire extinguished Maritime operations in San Juan Bay have returned to normal after tank farm fire burned for two days.
Dry caution Global steel production rises in September but year-on-year figures are bad news for bulker owners, bank says.
Resales endorsed At least some of Sovcomflot's newbuilding resales to Yuri Nikitin were in the best interest of the company, London corruption trial hears.
Tanker-hungry? Bangladesh breakers still paying up to $340 per ldt for single-skinned vessels.
Shutter season Capture a stunning image of ships and the sea and win a digital SLR in TradeWinds' annual Maritime Photographer of the Year contest.
Bharati bigger Indian shipyard posts higher first-half profit as it struggles for control of Great Offshore.
Su sells cape Nobu Su's TMT sheds capesize bulker less than six months after it was bought from CMB.
Held in Hobyo Cosco's hijacked bulker De Xin Hai spotted off Somali port after capture last week.
MacBrayne power Scottish ferry group pushes up annual profit as state subsidies soar.
China catch Jean-Bernard Raoust-headed BRS adds Clipper sale and purchase man to Shanghai team.
Clean? Green group to challenge Indian government report that scrap candidate Platinum II contains no hazardous material.
A gem for Topaz Middle Eastern offshore giant secures contract for seven vessels off Turkmenistan.
Round two Otto kicks off second round of legal action against GC Rieber to challenge a newbuilding cancellation.
Scorpion stop-gap John Fredriksen-related driller finds work for rig to fill a hole in its Gazprom charter.
Sasebo higher Japanese shipbuilder raises half-year profit forecast, but will remain short of last year's total.
Loan breach Swedish owner Rederi AB TransAtlantic admits to covenants breach after turning in a third quarter loss.
Cape collision Cobelfret capesize spills fuel in Northern China port after collision with offshore support vessel.
Helt files Danish general cargoship manager and owner goes bankrupt after being hit by dire markets.
Croatian crash Probe begins into why Jadrolinija ferry grounded on island of Sit over the weekend.
Jasmine sold Thailand's Thoresen Thai Agencies has offloaded another of its elderly general cargo vessels.
Premature Head of container shipping business at APL says it is too early to talk of a recovery in the liner sector.
Feeling better Japanese shipbuilder IHI Corp doubles profit forecast for six months ended 30 September.
Daiichi downbeat Japanese bulker owner has revised its interim profits downwards on back of weak market.
Aussie gig win Hurtigruten cruiseship hired to provide accommodation for dredging company during Gorgon work.
Oversubscribed bond issue in Maersk The five-year EUR 750 million bond issued by AP M'ller-M'rsk was oversubscribed 6.5 times. This is the first time the Danish conglomerate went to the international capital
Deep dive for Transatlantic The Swedish industrial carrier and offshore/icebreaking specialist Transatlantic reports a SEK 105 million (EUR 10.3 million) loss after full taxes for the first nine months 2009, a fall
New strategy for Nordic Yards Nordic Yards, formerly known as Wadan shipyards in Wismar and Warnem'nde, will leave the container vessel market and focus on the construction of more complicated tonnage for the Russian market
Efforts to retrieve fuel oil face temporary suspension US Resolve Marine Group removes 176 tonnes of oil from Black Rose.
Clearing US waterways of debris and fuel 42 sunken boats to be removed, some containing bunker fuel.
Mixed start to week in prices Some relief for buyers with prices easing in several major ports.
Firm prices in major hub Sources noting quiet day in Fujairah and good supplies.
'Climate tax' could cost Maersk $585 million High-end of fuel tax proposal to IMO could cause modal shift, company warns.
Denmark: Air pollution from ships 'less than expected' Study shows current and future impact of IMO regulations on Denmark's air quality.
Prices mostly weaker to start the week Tokyo Bay continued to buck regional trend.
Bunker tanker hits bulk carrier Oil leaks into waters off northern Chinese port.
SPRING outlines Singapore standard for flow meters Official says the use of mass flow meters could help increase Singapore's bunkering capacity by one-and-a-half to two times.
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