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June 05, 2008

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Jun 05, 2008
JinHaiWan engine arm becomes MAN licensee
Shanghai: Zhoushan Zhongji Diesel Engines  Manufacture Co has joined MAN Diesel's global family  of licensees. The two companies signed a licence contract  for two-stroke diesel ... [full story]
Jun 05, 2008
AP Moller-Maersk to axe 250 jobs at Odense yard
Copenhagen: Another European yard has struggled in the face of rampant Asian expansion. Denmark’s leading shipyard Odense, part of  the A.P. Moller-Maersk group, has ... [full story]
Jun 05, 2008
Shipping costs could 'reverse globalisation', says study
London: Rising international shipping costs driven by high oil prices could effectively change global shipping patterns, according to new research from Canadian bank ... [full story]
Jun 05, 2008
DNV claims 50% share of tonnage on order in India and Middle East
Dubai: Classification society DNV says it is classing 50% of ships under construction or or order in India and the Middle East, a figure representing ... [full story]
Jun 05, 2008
Koreans bag over $5bn orders at Posidonia
Athens: Korean shipbuilders have confirmed at Posidonia they have hauled in orders worth more than $5bn. News of the business added a further ... [full story]
Jun 05, 2008
NWA and CMA CGM launch new transpacific service
Tokyo: The New World Alliance (consisting of MOL, APL, HMM)  and CMA CGM have signed a cooperation agreement to launch a new weekly service, The Fuji ... [full story]
Jun 05, 2008
Dalian to build Italy's largest vessel
Shanghai: Italian owner ILVA Servizi Marittimi Spa has ordered a  300,000 dwt Very Large Ore Carrier (VLOC) to be built at Dalian  Shipbuilding ... [full story]


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