ECT And P&O To Team Up On Container Terminal
Port and shipping companies ECT and P&O Nedlloyd said on Tuesday they had agreed to develop a new container terminal in Rotterdam. The joint venture will be called…
Grounded Malaysian Container Ship Is Pulled Free
A Malaysian container ship grounded on Australia's Great Barrier Reef for 12 days with dangerous chemicals aboard was pulled free on Tuesday, state officials said.
Vosper Thornycroft Experiences Higher Earnings
British shipbuilder Vosper Thornycroft Holdings Plc said on Tuesday profits before tax and goodwill rose 14 percent to $27 million in the six months to September…
Lorry Drivers Strike Curtails Port Deliveries
An indefinite strike by lorry drivers halted deliveries from Bangladesh's main Chittagong port on Tuesday, port officials said. "The deliveries have been stopped…
VLCC Market Skyrockets In Middle East
The VLCC market has taken off in the Middle East Gulf, following the announcement of the December loading program, but rates remain steady, brokers said on Tuesday.