EFFORTS are continuing to refloat Montreal-based Fednav’s Hong Kong flagged bulk carrier Federal Kivalina.

SHAREHOLDINGS are continuing to shift at Smit Internationale as the market speculates on another bid by dredging group Boskalis, writes Helen Hill in Amsterdam.

FAIRPLAY Towage and Multraship have launched a new company to provide towage services in Antwerp, just seven weeks after Fairplay took a 50% stake in Multraship, writes Helen Hill.

DEEP Sea Supply, the Oslo-listed anchor-handling tug and platform supply vessel specialist, has announced profits for the first half of 2008 of $31.4m, representing a 28% increase on the $24.6m clocked up in the corresponding period last year, writes David Osler.

SOURCES claim MSC is the charterer backing a new $1.4bn 12,400 teu ship order at STX.

CHILEAN container specialist confirms deal as it stems its losses in the first half of the year.

WORLD'S largest shipbuilder will complete its tenth drydock by early 2009.

BELFAST shipyard wins contract to break up the bow section of the containership.

SHIPPING company sees first half profit tumble 80.7% despite steadily improving rates.

COMPANY plans to invest $12.2m into its first Singapore ship investment fund, Akebono Fund.