Congress sent its first shot across President Bush’s bow Wednesday, as the House Appropriations Committee voted 62-2 to block a controversial deal that would allow Dubai Ports World to operate some terminals at U.S. ports.
Korea
Golden Ocean Group Limited ( “GOGL” ) has agreed to sell their two new building contracts at Shanghai Waigaoqiao Shipyard to CMB’s subsidiary Bocimar International. The ships are sold including the two three year time charter agreements arranged for the ships.
CMB confirms that its subsidiary Bocimar International has acquired three capesize newbuilding vessels for a total purchase price of USD 188 million.
Samsung Heavy Industries Co. yesterday began construction of a $50 million hull block producing unit in China for cost reduction and stable supply as several block suppliers at home have started to make their own ships.
Environmental concerns have delayed work on the deepening of the Port of Melbourne shipping channel until at least the end of 2007, one year after its proposed completion date.
Hanjin Shipping will add a new service to the Asia-Mediterranean trade by swapping space with Yang Ming Line
The new, 93,500-gt cruise ship
Keppel FELS Limited (Keppel FELS) has secured a repeat order for a third KFELS B Class jackup rig from Awilco Offshore (Awilco) at US$146 million, via the exercise of an option agreement.
Two inquiries instituted by the Mercantile Marine Department (MMD) of DG (Shipping) and by the Maharashtra Police are in progress to ascertain how six containers carrying 105.73 metric tonnes of explosives slipped into the sea from a ship near the Mumbai coast
The European Commission on Wednesday gave up on efforts to liberalize port services across the European Union. The plan had sparked mass strikes by dockworkers and a violent protest outside the Parliament at the European Union.
The cost of hiring aframax tankers, which ship about 600,000 barrels of oil, has fallen to a six-month low on Asian routes as West Asia exports less fuel.
Six Brazilian shipyards are negotiating to build 36 ships for the Venezuelan government oil company Petr
A top shipbuilding company has licensed a commercial, real-time embedded Linux operating system for use in three robotic manufacturing devices, including two currently in production.
