SCI To Acquire Four Tankers
India's federal cabinet has approved state-run Shipping Corporation of India's proposal to acquire four Aframax tankers of 110,000 DWT each. The cabinet approvalā¦
New Icebreaking Tanker Completes Trials
The first in a new fleet of Russian icebreaker oil tankers being built in St. Petersburg is reported to have successfully completed Arctic trials. Dmitry Yakovenkoā¦
ACL Buys ConAgra Barge Fleet
ConAgra Inc., the second largest U.S. food manufacturer, said last week it agreed to sell American Commercial Lines LLC (ACL) its large U.S. inland barge fleet and operations.
EU Fines 15 Leading Shippers For Collusion
The European Commission said on Tuesday it had fined 15 liner shipping companies a total of just under $6.3 million for agreeing not to offer discounts from their published tariffs.
NKK, Hitachi Zosen To Join Shipbuilding Operations
Leading Japanese steel maker NKK Corp. and major heavy machinery and engineering firm Hitachi Zosen Corp. will consolidate their shipbuilding operations. The moveā¦
Vosper Profits Up, Order Book Filling
UK shipbuilder Vosper Thornycroft Holdings Plc, reporting a three percent rise in annual profits, said it would soon have an order book in excess $1.5 billion. Preā¦
