Lawrence Graham Warns On Tanker Approvals
London law firm Lawrence Graham says tanker owners and charterers can expect more disputes over oil major approvals. Imogen Rumbold, partner, says that since the…
IZAR Delivers For Stena
Stena Line announced that its brand new ferry Stena Hollandica entered service in the Hook of Holland-Harwich route. In October 2000 Stena Line had already introduced her sister ship Stena Britannica.
Sea Containers Posts Loss
Marine transport company Sea Containers Ltd. posted a fourth-quarter loss, versus a profit a year earlier, citing a bigger fuel bill and a drop in demand for container rentals.
Bulk Indices Sink
The Baltic Dry Index (BDI) fell 18 points to 1,468, the Baltic Panamax Index (BPI) lost 29 points to 1,578, the Baltic Handymax Index (BHI) eased 57 points to 9…
Cammell Laird: Navy Deal Saves Jobs
Cammell Laird, under threat of losing a key $500 million deal with U.S. cruise ship firm Luxus, said it had won a U.K. Navy contract, helping safeguard 150 jobs at the group.
Though The Rhine Level Drops, Barges Still Stopped
The Rhine river remained closed to barge traffic on Wednesday, but Cologne city officals said movements around the Cologne hub may be resumed in the evening. City…
Japanese Shipbuilding Consolidation Is Imminent
Kawasaki Heavy Industries is said to be considering integrating its shipbuilding business with those of Ishikawajima-Harima Heavy Industries Co. (IHI) and Mitsui Engineering & Shipbuilding Co.
Miami Longshoreman Nabbed In Drug Smuggling Scheme
Federal authorities arrested 20 people, most of them current or former longshoremen, on charges of smuggling massive amounts of cocaine through Miami on cruise ships…
