Greenpeace In Legal Battle With U.K. Over Oil Exploration
Environmentalist group Greenpeace reportedly took the UK government to court over what it sees as Britain's failure to protect coral beds, whales, dolphins and other…
APS Management Restructured
Associated British Ports Holdings Plc is reorganizing top management at its American Port Services subsidiary, including appointing Douglas Tipton as head of the Seaport container terminal division.
Tanker Spills Heating Oil Near St. Petersburg
About 10 tons of heating oil reportedly spilled into the Neva River after a tanker ran aground in St Petersburg, Russia, but there was no immediate threat to drinking water or the environment…
Capesize Rate Jump Driven By Japanese Steel Market
Booming Capesize rates have been driven by increased Japanese steel production more than they were by the August market raid by Belgium's Bocimar when it chartered about 35 ships…
Large Tanker Fixing Slows, Rates Soften
Large tanker fixing out of the key Middle East market slowed this week as charterers had largely covered their October liftings, resulting in a softening of rates…
Keppel's Philippine Units Complete Consolidation
Philippine units of Keppel Corporation have reportedly completed the restructuring of their operations, which called for a consolidation of Keppel's domestic marine…
Kvaerner To Sell Cleveland Bridge Unit
Kvaerner ASA will reportedly sell its Cleveland Bridge construction unit to the current leaders of the unit, a move that represents a probable accounting loss, but…
NOL To Charter Two Vessels For APL
Neptune Orient Lines Ltd (NOL) will reportedly charter two new large container ships for use by APL, its container transportation and logistics unit. The two vessels…
Kvaerner Masa-Yards May Get $1.2B Carnival Deal
Rumors have it that Kvaerner Masa-Yards is on the brink of bringing in a $1.2 billion deal to build three new cruise ships for Carnival. The shipyard, which has…
