P&O Buys Stake In Indian Container Terminal
South Asia Ports Ltd., a subsidiary of British Shipping group P&0 has reportedly bought a 96 percent stake in the container terminal at India's Kandla port for $30 million.
Thai Prime Minister Denies Canal Reports
Thai Prime Minister Chuan Leekpai has denied reports that the government plans to build a canal across southern Thailand, bypassing the Malacca Straits shipping lane.
Hyundai Heavy Commissioned To Run Halla
Hyundai Heavy Industries Co. will reportedly be commissioned to run the bankrupt shipbuilding firm Halla Engineering and Heavy Industries, which filed for court…
Arctic Ice Build-Up Likely To Cause Shipping Disruptions
Severe weather in Russia's Arctic has led to a build-up of more ice than normal at this time of year and is likely to cause major disruptions to shipping by October…
United States Marine Repair Promotes Dickinson
B. Edward Ewing, CEO of Norfolk-based United States Marine Repair (USMR), the largest non-nuclear ship repair, modernization and conversion company in the U.S.,…
FirstWave/Newpark Lands Diamond Offshore Job
FirstWave/Newpark Shipbuilding has been awarded a contract by Diamond Offshore Drilling of Houston, Texas for completion of upgrades to the drillship Ocean Clipper…