June 02, 2008

London: The weak dollar, lower diesel production and market speculation are the main reasons for dramatic rises in oil prices over recent days, according to ... [full story]

Sydney: Capesize owners are looking at a surge in tonne/miles. Australia's Herald Sun reported that iron ore rival Brazil has challenged Australia, unveiling a US$27 ... [full story]

Tokyo: The 300,000 dwt type ore carrier Grande Progresso of Kawasaki Kisen's 100% owned foreign subsidiary was delivered today at Ariake Shipyard of Universal Shipbuilding ... [full story]

Singapore: Keppel FELS has landed yet another deepwater rig contract from Dallas-based ENSCO International Inc, in a deal worth $537m. The latest order, for the ... [full story]