Kawasaki Heavy may purchase China, Korea-made steel Kawasaki Heavy Industries Ltd, Japan's third-largest maker of heavy machines, may buy steel plates from China and South Korea for the first time to build ships if domestic prices rise too much.
Northrop Grumman may close Louisiana naval shipyard Northrop Grumman Corp may shut its US Navy shipyard in Avondale, Louisiana, threatening about 5,000 jobs, without additional orders for military vessels, Governor Bobby Jindal said.
Strait Talk
Time to stop 'flogging the log' FORTY years ago, we joked about the idea of bridge watchkeepers falling asleep in the nice comfy chairs that were just starting to feature on some bridges; it turned out to be no laughing matter.
Shipping Times
HK rail line may come in ahead of schedule MTR Corp, the builder of a HK$66.9 billion (S$11.8 billion) high- speed train line here, said work on the railway may be completed ahead of schedule because of government support and commitments from contractors.
China, Argentina sign US$10b of rail contracts China and Argentina yesterday agreed contracts for an array of projects in the rail sector totalling US$10 billion, Argentine Transport Minister Juan Pablo Schiavi told AFP. The news came during a visit to Beijing by Argentine President Cristina Kirchner, who was to meet Chinese counterpart Hu Jintao yesterday.
Kawasaki Heavy may purchase China, Korea-made steel Kawasaki Heavy Industries Ltd, Japan's third-largest maker of heavy machines, may buy steel plates from China and South Korea for the first time to build ships if domestic prices rise too much.
Northrop Grumman may close Louisiana naval shipyard Northrop Grumman Corp may shut its US Navy shipyard in Avondale, Louisiana, threatening about 5,000 jobs, without additional orders for military vessels, Governor Bobby Jindal said.
Strait Talk
Time to stop 'flogging the log' FORTY years ago, we joked about the idea of bridge watchkeepers falling asleep in the nice comfy chairs that were just starting to feature on some bridges; it turned out to be no laughing matter.
Shipping Times
HK rail line may come in ahead of schedule MTR Corp, the builder of a HK$66.9 billion (S$11.8 billion) high- speed train line here, said work on the railway may be completed ahead of schedule because of government support and commitments from contractors.
China, Argentina sign US$10b of rail contracts China and Argentina yesterday agreed contracts for an array of projects in the rail sector totalling US$10 billion, Argentine Transport Minister Juan Pablo Schiavi told AFP. The news came during a visit to Beijing by Argentine President Cristina Kirchner, who was to meet Chinese counterpart Hu Jintao yesterday.
Kawasaki Heavy may purchase China, Korea-made steel Kawasaki Heavy Industries Ltd, Japan's third-largest maker of heavy machines, may buy steel plates from China and South Korea for the first time to build ships if domestic prices rise too much.
Northrop Grumman may close Louisiana naval shipyard Northrop Grumman Corp may shut its US Navy shipyard in Avondale, Louisiana, threatening about 5,000 jobs, without additional orders for military vessels, Governor Bobby Jindal said.
Strait Talk
Time to stop 'flogging the log' FORTY years ago, we joked about the idea of bridge watchkeepers falling asleep in the nice comfy chairs that were just starting to feature on some bridges; it turned out to be no laughing matter.
Shipping Times
HK rail line may come in ahead of schedule MTR Corp, the builder of a HK$66.9 billion (S$11.8 billion) high- speed train line here, said work on the railway may be completed ahead of schedule because of government support and commitments from contractors.
China, Argentina sign US$10b of rail contracts China and Argentina yesterday agreed contracts for an array of projects in the rail sector totalling US$10 billion, Argentine Transport Minister Juan Pablo Schiavi told AFP. The news came during a visit to Beijing by Argentine President Cristina Kirchner, who was to meet Chinese counterpart Hu Jintao yesterday.
US ban seen as VLCC payday A NEW BAN ordered by the White House on deepwater drilling until 30 November could bring a jolt in VLCC rates, a sector analyst told Fairplay today
LA port strike reportedly ends WORKERS responsible for billing and processing cargo at Los Angeles and Long Beach have reportedly ended an 11-day strike
Sighted sub, seized same A GUATEMALAN military patrol has reportedly captured a makeshift submarine loaded with 5 tonnes of cocaine bound for the US
Israeli inquiry backs raiders AN INTERNAL inquiry has exonerated the Israel military over its deadly raid on commercial ships bound for Gaza in international waters, IHS Global Insight reported today
10,000 BMWs bound for China CARMAKER BMW intends to import its German-made 3-Series model to China to keep up with demand, IHS Global Insight reported today
Indian iron exports targeted INDIA'S ministry of steel has reportedly called for a "complete ban" of Indian iron ore exports
Belarus-Ukraine oil deal agreed BELARUS has agreed to import oil via Ukraine, in a bid to reduce its dependence on Russian oil, IHS Global Insight reported today
Bunker spill closes St Lawrence Seaway Canada Steamship Lines vessel runs aground after losing power.
Small gains in Fujairah One supplier low on 180 cSt avails in Durban.
Brightoil in deal for 40 new bunker tankers W'rtsil' will supply the engines in 'one of the largest-ever orders received' by the company.
World's largest French-flagged containership christened Vessel equipped with the latest environmental technologies to achieve fuel savings and prevent bunker spills.
Bunker prices continue fall at key ports Demand 'average' across all major ports in Asia.
Singapore June bunker sales at new monthly high Total sales for the first half of the year at 20 million mt.
Sinopec expansion plans facing delays Postpones plans to start bunkering operations at Chinese ports next month.
Copec to offer 'competitive' bunkers Wants to compete with key neighbouring ports of Callao and Guayaquil.
Competitors question Brightoil's profit margin 'Buy low and sell high' strategy key to success, says Brightoil chairman.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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