News

Dubai: Gulf neighbours challenge dominance of Dubai's Jebel Ali - one of the world's biggest container ports - with major building programmes Massive economic ... [full story]

Panama City: In a move that it says will result in better bids for the “design-build” contract for the new locks under the Panama Canal’s ... [full story]

Hong Kong: Safmarine has commenced a regular, multi-purpose vessel (MPV) service between Asia and West Africa. Greg Ulicki, Safmarine's MPV Executive commented: "We have used ... [full story]

Tokyo:  Tsuji Heavy Industries Co. plans to spend about 50 billion yen (US$472.45 million) to construct a shipyard in China's Zhejiang Province by next April, ... [full story]

Kuala Lumpur: Malaysian shipbuilder and offshore vessel owner Sealink International islooking to raise as much as MYR 141.71m ($43.4m) from its listing on the main ... [full story]

Seoul: Daewoo Shipbuilding & Marine Engineering Co., the world's third-largest shipyard, said Friday that it has won an order to build 16 container vessels for ... [full story]

Singapore: Maritime Capital Shipping, led by former Pacific Basin head Mark Harris, has nixed plans for a listing in Singapore. The handysize bulk player becomes ... [full story]

Madrid: The global market for liquefied natural gas (LNG) will double in the next eight years, the head of Algeria's state oil and gas company ... [full story]

Hong Kong: Hong Kong-listed Sinotrans Shipping said in a statement that it is paying $194m for a pair of 176,000-dwt capesize resales which will be ... [full story]

Hong Kong: Hong Kong-based Jinhui Holdings is paying Yen4.5bn ($42.3m) order to Japan's Naikai Zosen for a 38,000 dwt handysize newbuilding for delivery in June ... [full story]