It is reported that China Shipping Development Co H1 of 2008 profit uo by 44% YoY as demand for vessels to transport fuels and metals rose in the world's fastest growing major econ……
China Shipping Group, one of the country's largest shipping groups, will form a joint venture with Sinopec Group to ship liquefied natural gas (LNG) in a bid to cope with the growi……
In London, the September Brent Crude contract was down $0.66 on August 11 to $112.67 per barrel on the ICE Futures exchange. Light Sweet Crude for September delivery down $4.82 to ……
Dry bulk owner STX Pan Ocean has posted a record $457.8m profit for the first half of 2008, up 156% on the corresponding 2007 period, on sales of $4.9bn, up 115%. Higher freight ra……
Leading dry bulk shipping company Pacific Basin has invested $577 million in four roll-on/roll-off vessels that it believes will help address environmental concerns in Asia. Alread……
K LINE says it has reached an agreement with the holding company of Titan Quanzhou Shipyard Ltd (TQSL), a shipyard under construction in a suburb of Quanzhou, a city in Fujian prov……
Rising oil prices globally have increased shipping companies' fuel cost by about 87 per cent from a year ago, Malaysia's Business Times reported, quoting Malaysia Shipowners' Assoc……
A British shipping company has ordered two large passenger ferries from Norwegian shipbuilder Aker Yards, the company said in a statement Friday. The ferries are to be built in Fin……
