A gang of 35 pirates armed with machine guns and rocket launchers seized a fully-laden gas tanker in the Malacca Strait at the weekend, a piracy watchdog reported Monday, rekindling fears of a terroristattack in the vital waterway. The ship has been released but the captain and chief engineer were k
Hutchison Whampoa Ltd., the world’s biggest port operator, will help build and manage two container terminals in Egypt, the Hong Kong-based company’s first investment in the North African country. The company will convert two general cargo terminals into container terminals.
Keppel Corp is on the lookout for foreign shipyards. The conglomerate wants to add to its global network of shipyards which currently spans to as far as the Philippines, the Middle East and Brazil. This was revealed by Tong Chong Heong, managing director of Keppel’s offshore marine unit, Keppel Offs
A.P. Moller – Maersk has ordered four high-efficiency jack-up drilling rigs from KeppelFELS in Singapore. The first rig will be delivered in the second half of 2007 and the others will follow in 2008 and 2009 respectively.
The sinking of a cargo ferry in Turkey’s Bosphorus Straits closed the shipping lanes down overnight, creating a bottleneck of dozens of vessels. Emergency teams had to battle strong waves to retrieve seven gas tankers which floated free while the ferry’s eight-strong crew were all rescued.
Today, Friday 11 March, the Third Memorandum of Understanding was signed in The Hague between Flanders and The Netherlands for collaboration concerning the Scheldt estuary. In the MoU, The Netherlands and Flanders undertake to make every effort so that dredging work in the Western Scheldt can start
ISLAMABAD, Pakistan (CNN) — Six people were killed and 95 were injured as a ship of the Pakistani navy caught fire at the Karachi dockyard, the navy said Thursday. Of the injured, 55 were in critical condition, it said.
EXMAR has signed a newbuilding contract for 2 Very Large Gas Carriers at Daewoo Shipbuilding and Marine Engineering Co. of South Korea.
FOREIGN interest in Malaysian International Shipping Corp (MISC) Bhd is expected to continue given the positive outlook rating agencies, as well as local and foreign brokerages, have on the company. The latest rating upgrade came yesterday from an international rating agency. Standard & Poors upgrad
There are claims a proposed cruise ship terminal on the Gold Coast could put a new $350 million facility at Hamilton on the Brisbane River out of business. It comes a day after the 300-metre Sapphire Princess was forced to dock among container wharves at the Port of Brisbane because it could not fit
When Rebublican Gov. Robert Ehrlich picked former state delegate Robert L. Flanagan as his transportation secretary in January 2003, he described the Harvard-educated attorney as a budget hawk, perfect for the job of leading a top-down review of expenditures and management at one of state government
Dubai Maritime City are gold sponsors of the upcoming Dubai International Boat Show commencing from March 15 until 19, 2005 at the Mina Seyahi. During the week long event, Dubai Maritime City will host dignitaries, customers and potential customers at their stand. Their stand this year has grown to
Vendee Globe: Attention all Shipping
The sea-borne trade between India and Pakistan is set to become cheaper and far more convenient. The two countries are learnt to be working on a proposal to do away with rules that restrict movement of ships between the two countries. The current shipping protocol bans lifting of cargo by ships that
