December 23, 2009

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Dec 23, 2009

Brazil's $8.43bn yard booster good for Asian yards

Rio de Janeiro: Some Asian shipyards will gain financially from a new Brazilian law that will inject an extra Reais15bn (USD$8.43bn) into Brazilian shipping and ... [full story]

Dec 23, 2009

DSME secures $633m suezmax order from Almi Tankers

Seoul: Daewoo Shipbuilding & Marine Engineering has been contracted by Greek shipowner Almi Tankers to construct 10 suezmax tankers of 160,000dwt each for delivery beginning ... [full story]

Dec 23, 2009

DP World to acquire a 25-percent stake in Russian port

Dubai: Russian authorities gave the go-ahead for a unit of the troubled Dubai World conglomerate to buy a 25-percent stake in the management company at ... [full story]

Dec 23, 2009

New ‘FMX’ service at Khorfakkan

Dubai: Ports management and logistics company, Gulftainer, has announced a new service calling at Khorfakkan Container Terminal (KCT), which it operates on behalf of the ... [full story]

Dec 23, 2009

ABG to retain minor stake in Great Offshore

Mumbai: ABG Shipyard, which earlier this month exited from a bidding war to gain control of Great Offshore, has stated its intentions to keep its ... [full story]

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