Insurance Person of the Year for 2008 – William. E. CoxThe Recovery Forum has recently announced that this year they will be recognising the achievements of William. E. Cox, founder of the W E Cox Claims Group. William will be honoured at the Recovery Forum dinner to be held in New York on the 5th June 2008, with the award being presented to his son, and current Chairman, Mr David Cox. |
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The group consists of four wholly owned companies all dedicated to providing specialist claims assistance. The companies, together, provide a fully comprehensive global claims handling service. Involvement from notification through settlement to recovery from carriers, ensuring seamless protection of clients interests. Used individually, the companies provide a bespoke service to clients. Whatever your needs, a combination of our integrated service companies will ensure assistance and satisfaction.
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Thu, 28 Aug 2008 00:00:00 GMT
Dry bulk contracts worth $22.7bn face cancellation
MORGAN Stanley says around $22.7bn of newbuilding dry bulk contracts face cancellation over the next three years.
Thu, 28 Aug 2008 00:00:00 GMT
Bureau Veritas not expecting significant fine
CLASS society does not envisage heavy sanctions resulting from European Commision's anti cartel probe.
Thu, 28 Aug 2008 00:00:00 GMT
Hanjin Heavy bags capesize order
THE order from a new company called Sealink Shipping is worth $100m.
Thu, 28 Aug 2008 00:00:00 GMT
Western Australia, BHP agree on Hedland expansion
THE agreement will allow the mining company to develop Port Hedland's inner harbour to capacity of 240mtpa.
Thu, 28 Aug 2008 00:00:00 GMT
Maersk Tankers orders VLCC sextet
DANISH AP Moller Maersk affiliate Maersk Tankers has placed an order for four VLCCs with South Korea’s STX Shipbuilding.
Thu, 28 Aug 2008 00:00:00 GMT
DP World eyes Indian projects after doubling first-half earnings
PORT operator's after tax profits from continuing operations surge to $287m in the first six months of this year.
Thu, 28 Aug 2008 00:00:00 GMT
SYMS re-launches China-Japan services
SHANDONG Yantai International Marine Shipping re-opens service with a vessel chartered by Grand China Shipping.
Thu, 28 Aug 2008 00:00:00 GMT
GrandUnion drafts fleet deal with Tailwind
SHIPOWNING venture clinches outline deal to sell 20 dry bulk carriers to Canadian based blank cheque company.
Thu, 28 Aug 2008 00:00:00 GMT
Draft tender for Croatia yard privatisation ready
A DRAFT tender for the privatisation of six state owned shipyards in Croatia has been completed, the government has said.
Thu, 28 Aug 2008 00:00:00 GMT
GrandUnion splashes out $500m on tankers
GRANDUNION seals orders for two suezmax tankers and four long range product tankers at Sungdong Shipbuilding & Marine Engineering.
Thu, 28 Aug 2008 00:00:00 GMT
State Council gives nod for Tianjin shipping fund
THE State Council of China has approved the establishment of the first shipping industry fund in the country which would worth Yuan20bn.
Thu, 28 Aug 2008 00:00:00 GMT
Buss Capital offers new cruise and ferry investment fund
GERMANY’s Buss Capital is offering a new fund allowing individual investors to participate in the cruise and ferry business.
Thu, 28 Aug 2008 00:00:00 GMT
Finland to get new tonnage tax system
FINNISH shipowners laud new legislation as one of most competitive in Europe.
Thu, 28 Aug 2008 00:00:00 GMT
Tim Harris to quit as Clarkson chairman
DEPARTURE comes just four months after Richard Fulford-Smith was asked to step down as chief executive.
Thu, 28 Aug 2008 00:00:00 GMT
Turkey's Soli launches tanker Madeiro
SOLI Shipyard in Turkey has successfully launched the fourth newbuild to take to the water from its own facility in Kocaeli at the easternmost end of the Marmara Sea.
Thu, 28 Aug 2008 00:00:00 GMT
Singapore owners 'told not to report attacks to IMB'
INTERNATIONAL Maritime Bureau alleges some Singapore-flagged shipowners have been told not to report attacks to its reporting centre.
Thu, 28 Aug 2008 00:00:00 GMT
Globus Maritime benefits from enlarged fleet
FLEET expansion during a time of higher freight rates lifted profit for dry bulk operator Globus Maritime in the three months to June 30.
Thu, 28 Aug 2008 00:00:00 GMT
Marine services beef up Bureau Veritas revenue
BUREAU Veritas expects to exceed forecast full-year 15% increases in revenues and operating profit this year.
Thu, 28 Aug 2008 00:00:00 GMT
Dockwise second quarter profit soars
DOCKWISE has seen a steep climb in net profit in the second quarter when profits soared from $1m in 2007 to $19.4m in the three months this year.
Thu, 28 Aug 2008 00:00:00 GMT
Tilbury lifts Forth Ports revenues
FIRST-half profit falls as it re-values property holdings following slump in land values across Britain.
Thu, 28 Aug 2008 00:00:00 GMT
Liberian flag operator forced to deny bribe claims
THE US-based company that operates the Liberian registry has been forced to issue a statement of denial after being targeted by unsubstantiated corruption allegations on online discussion sites.
Wed, 27 Aug 2008 00:00:00 GMT
China Cosco says costs remain key challenge
THE shipping conglomerate posts doubling in first-half net profit, but there are concerns about future earnings growth.
Wed, 27 Aug 2008 00:00:00 GMT
AP Moller unleashes $569m bid for Brostrom
DANISH giant bids SKr57 a share to in bid to add 94 product tankers to fleet.
Wed, 27 Aug 2008 00:00:00 GMT
Seawell Norge wins BP contract to operate drilling rigs
JOHN Fredriksen’s North Sea drilling company Seawell Norge has clinched a NKr2.5bn contract from BP to operate platform-based drilling rigs in Norway for five years starting next year.
Wed, 27 Aug 2008 00:00:00 GMT
CSCL first-half profit plunges on slower demand
CHINESE box line suffered as demand on the US and European trades declined while fuel costs climbed.
Wed, 27 Aug 2008 00:00:00 GMT
Six pirate gangs operating in Gulf of Aden
INTERNATIONAL Maritime Bureau says attempted attacks in the area still continuing with at least six groups active.
Wed, 27 Aug 2008 00:00:00 GMT
NYK boosts India US East Coast service
JAPAN’s NYK Line is boosting a shared service to India and on to the US East Coast through the deployment of one of its own vessels.
Wed, 27 Aug 2008 00:00:00 GMT
CMB revises first half results upwards
BELGIUM’s leading dry bulk shipping group CMB has implemented a favourable revision of its first-half results.
Wed, 27 Aug 2008 00:00:00 GMT
Four bidders in fight for DSME
The deadline for letters of intent in the bidding for stake in Daewoo has passed with the race confined to four bidders.
Wed, 27 Aug 2008 00:00:00 GMT
Daehan's cash flow problems re-emerge
DAEHAN Shipbuilding appears to still be experiencing financial difficulties after asking a shipowner for a 50% upfront payment in February this year.
Wed, 27 Aug 2008 00:00:00 GMT
ExxonMobil in $383m payout to fishermen
Wed, 27 Aug 2008 00:00:00 GMT
Sulpicio faces suspension over ferry loss
PHILIPPINES Board of Marine Inquiry is calling for Sulpicio Lines to be suspended over the fatal sinking of the ferry Princess of the Stars.
Wed, 27 Aug 2008 00:00:00 GMT
ABG to set up greenfield shipyard in Gujarat
ABG Shipyard has revealed plans to set up a Rs12bn ($274m) greenfield shipyard in southern Gujarat.
Wed, 27 Aug 2008 00:00:00 GMT
No road blocks oustide Poti, says EC
THE Russian armed forces have not set up road-blocks outside the Black Sea port of Poti, according to the European commission.
Wed, 27 Aug 2008 00:00:00 GMT
DSS gains from oil exploration and production boom
DEEP Sea Supply has announced profits for the first half of 2008 rise to $31.4m, up 28%.
Wed, 27 Aug 2008 00:00:00 GMT
Color Line bullish despite challenging first half
COLOR Group believes end of year figures will match those of 2007 despite tough first six months.
Wed, 27 Aug 2008 00:00:00 GMT
CSCL warns of tougher times ahead for Asia-Europe trade
LINE expects to see more pressure on the Asia-Europe trade in the second half as the European economy starts to weaken.
Wed, 27 Aug 2008 00:00:00 GMT
DFDS to lengthen three ships to boost capacity
DANISH operator DFDS has announced plans to stretch three of its vessels next year as a means of boosting freight capacity by 25%.
Wed, 27 Aug 2008 00:00:00 GMT
Seized Bourbon Apsara officers unharmed
FRENCH offshore vessel operator Bourbon has received assurances that two of its officers who were taken hostage in Nigeria on August 2 have not been harmed by their attackers.
Wed, 27 Aug 2008 00:00:00 GMT
Profitable Maersk spurs AP Moller's bottom line
MOLLER-Maersk unveils larger than expected increase in first-half profit and raises full year earnings forecast by 10%.
Wed, 27 Aug 2008 00:00:00 GMT
Converium buy helps SCOR through difficult market
FRENCH reinsurance leader first half net income up 24% to $331m, helped by its August 2007 takeover of Swiss rival.
Wed, 27 Aug 2008 00:00:00 GMT
Oil prices to stay above $100 per barrel, says IEA
INTERNATIONAL Energy Agency executive director Nobuo Tanaka insists oil market has changed, possibly for ever.
Wed, 27 Aug 2008 00:00:00 GMT
Brostrom blames volatile spot rates for profit fall
TANKER owner's first half net profits tumble and it says its newbuilds will not operate under Swedish flag.
Wed, 27 Aug 2008 00:00:00 GMT
Seanergy gets backing for $395m fleet buy
SEANERGY Maritime has obtained the all-important shareholder mandate for a business deal that will trigger its transformation into a fully fledged operating company.
Wed, 27 Aug 2008 00:00:00 GMT
Titan Quanzhou in chemical and oil tanker deal
TITAN Quanzhou Shipyard has received a letter of intent for 10 small chemical and oil tankers, in what could be a $110m deal.
Wed, 27 Aug 2008 00:00:00 GMT
Offshore and defence helps Fisher beat tanker blues
STRONG performances in offshore and defence helped James Fisher overcome a weaker performance from its tanker division and report a 16% improvement in first-half profit.
Wed, 27 Aug 2008 00:00:00 GMT
Luxury yacht robbed off Corsica
PROBE launched after more than €130,000 stolen onboard Caymen Islands registered Tiara.
Tue, 26 Aug 2008 00:00:00 GMT
NOL will not pay over the odds for Hapag
NOL chief Ron Widdows sends signal to Tui not to expect too much from a possible final bid.
Tue, 26 Aug 2008 00:00:00 GMT
Jinhui warns of dry bulk slowdown
BULKER operator cautious amid dampening demand for raw materials from China, India and other emerging economies.
Tue, 26 Aug 2008 00:00:00 GMT
Oceanaut in last gasp deal to buy Irika bulkers
OCEANAUT unveils deal to acquire four bulk carriers for $352m after collapse of earlier agreement with Restis.
Tue, 26 Aug 2008 00:00:00 GMT
MEPs row over inland waterway regulation
THE closest thing to a stand-up row broke out in the European parliament transport committee on Monday over inland waterway liability regimes.
Tue, 26 Aug 2008 00:00:00 GMT
Shipping exchange-traded fund begins trading in New York
AN index of 30 globally listed shipping companies spanning all major sectors has begun trading on the New York Stock Exchange.
Tue, 26 Aug 2008 00:00:00 GMT
SIPG first-half net profit rises 35%
ITS flagship Shanghai Port handled 10.4% more containers in the first half, but growth slowed in July.
Tue, 26 Aug 2008 00:00:00 GMT
Nantong Sohen to build bulker pair for FPCT
CHINA'S Fujian Provincial Communication Transportation has agreed to pay Yuan520m ($76m) for Nantong Sohen Shipyard to build two 50,000 dwt bulk carriers.
Tue, 26 Aug 2008 00:00:00 GMT
Cosco Pacific's bet on overseas ports pays off
THE company says its overseas operations will account for more of its volume, which rose to drive profit up 11% in first half.
Tue, 26 Aug 2008 00:00:00 GMT
Jinhui Shipping profit soars on higher freight rates
THE Oslo-listed company posted an eight-fold rise in first-half net profit.
Tue, 26 Aug 2008 00:00:00 GMT
Karachi port strike ends
SEVEN-DAY strike had paralysed cargo movements, and was ended after the goverment agrees to some demands.
Tue, 26 Aug 2008 00:00:00 GMT
Frontline tanker contract with Indian yard scrapped
REASONS for cancelling deal for four chemical tankers said to centre on increased raw material costs and work delays.
Tue, 26 Aug 2008 00:00:00 GMT
HHI shocks with late bid for DSME
HYUNDAI Heavy Industries stuns market by announcing intention to bid for controlling stake in rival Daewoo.
Tue, 26 Aug 2008 00:00:00 GMT
StatoilHydro finds biggest oilfield off Norway in a decade
STATOILHYDRO has discovered the largest oil field off Norway for almost a decade which will be developed in the next five years.
Tue, 26 Aug 2008 00:00:00 GMT
Finnlines in dividend payout dispute
SHAREHOLDER Ilmarinen, goes to court in bid to get Finnlines to increase its last dividend payout.
Tue, 26 Aug 2008 00:00:00 GMT
Poti 'remains fully operational and working normally'
POTI Sea Port Corporation chief executive says Russian forces not making cargo checks and are not in commercial port.
Tue, 26 Aug 2008 00:00:00 GMT
AFL-CIO loses Aker Philadelphia challenge
TRADE union loses court battle to get yard's product tanker newbuildings declared unlawful under Jones Act.




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