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News

Inuit to run Arctic cruise line
News

Inuit to run Arctic cruise line

An Inuit-owned company in northern Quebec is getting into the cruise line business this summer. Its 66-passenger ice-class ship will set sail with its first group of tourists on July 10 from Kuujjuaq, on the Koksoak River near the south end of Ungava Bay. The 85-metre Ushuaia, a leased American-buil

about 21 years ago
Taiwan’s Yangming unit buys 5 vessels from China Shipbuilding for 15 bln twd
News

Taiwan’s Yangming unit buys 5 vessels from China Shipbuilding for 15 bln twd

Yangming Marine Transport Corp (2609.TW) said its wholly-owned unit All Ocean Transportation Inc has acquired five container vessels from state-run China Shipbuilding Corp for a total of 15 bln twd, or about 470 mln usd, today.

about 21 years ago
Ministry placing greater focus on training in maritime matters
News

Ministry placing greater focus on training in maritime matters

Within the Ministry of Education, a decision has been made to provide a greater focus on training in maritime matters. Among the initiatives taken has been the development of a course in Seafaring and Marine Engineering at the Samuel Jackman Prescod Polytechnic (SJPP) as well as the enhancement of t

about 21 years ago
Shipping industry in a tizzy over service tax
News

Shipping industry in a tizzy over service tax

An Indian ship picking up a consignment in a foreign port and dropping it in another foreign port will now have to pay a service tax of 10.3 per cent on all services that the ship uses in foreign ports whenever it touches a home port. Not only that, the ship will have to pay […]

about 21 years ago
Harbor, canal dredging project gets go ahead
News

Harbor, canal dredging project gets go ahead

The first above-ground work for a massive dredging project is to begin soon. But a critic contends the work is premature. An updated environmental study of the Indiana Harbor and Ship Canal dredging project and its effect on public health hasn

about 21 years ago
Maritime anti-terror squad to be unveiled
News

Maritime anti-terror squad to be unveiled

THE Federal Government will today unveil a new headquarters in the battle to fight terrorism on the high seas. Defence Minister Robert Hill and Customs Minister Chris Ellison will open the Joint Offshore Protection Command (JOPC) in Canberra. The JOPC will link maritime counter-terror elements of th

about 21 years ago
Australia Launches New Unit to Protect Offshore Oilfields
News

Australia Launches New Unit to Protect Offshore Oilfields

Australia’s new Joint Offshore Protection Command (JOPC) will ensure any terrorist threat to the nation’s maritime assets and coastline can be quickly detected and defeated, the minister for defence, Senator Robert Hill, and the minister for justice and customs, Senator Ellison, said today.

about 21 years ago
Shipping company fined $750,000 for violating pollution laws
News

Shipping company fined $750,000 for violating pollution laws

Hawaii: A judge today fined German shipping company Schlussel Reederei 750-thousand dollars for violating a federal pollution act. The company admitted the crew of the Ibuki violated the law in November by failing to maintain an oil record book, which lists discharges of unprocessed oily bilge waste

about 21 years ago
China to build its largest sea patrol base in Zhuhai
News

China to build its largest sea patrol base in Zhuhai

Haixun-31, China’s largest marine inspection vessel equipped with helicopter berthed slowly at Gaolan Harbor, Zhuhai City, at 10:40 am Sunday. In six months, China’s largest marine inspection base will be completed here and put into operation.

about 21 years ago
RM63.4m shipbuilding, repairing projects approved
News

RM63.4m shipbuilding, repairing projects approved

MALAYSIAN Industrial Development Authority (Mida) received seven new applications for shipbuilding and ship-repairing projects in 2004. Total investments from applications amounted to RM70.8 million, of which almost 95 per cent or RM66.9 million was from domestic sources and RM3.9 million from forei

about 21 years ago
Shipping destined to shine
News

Shipping destined to shine

Big logistics firms also set for a positive growth path The transport and logistics sector managed to post a positive one-year total shareholder return last year of 14%, the fourth best performer among the 27 sectors, despite the contraction in the Stock Exchange of Thailand.

about 21 years ago
MISC cruises ahead with its expansion plan
News

MISC cruises ahead with its expansion plan

AFTER divesting 32 bulk carriers last year, Malaysia International Shipping Corp Bhd (MISC) is cruising ahead with its plan to rationalise non-core assets and focus on its growing energy-based portfolio.

about 21 years ago
Shipping firms go it alone as antipiracy enforcement flounders
News

Shipping firms go it alone as antipiracy enforcement flounders

Coast guard authorities of nations in the area around the Strait of Malacca, where three crew members of the Japanese tugboat Idaten were abducted last week, are ill-equipped to fight sea piracy. In addition, shipping companies distrust naval authorities, instead seeking to resolve piracy cases thro

about 21 years ago
Shreyas Shipping signs new vessel contract
News

Shreyas Shipping signs new vessel contract

Shreyas Shipping has signed a contract with Singapore Technologies Marine for building a new container vessel of 1070 teus. The vessel will be built in Singapore. With a view to exploit the growth opportunities offered by the shipping industry, the company proposes to increase its fleet strength to

about 21 years ago
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