TURKISH MARITIME

NOL woos Eng back to head APL NEPTUNE Orient Lines has lured IMC Corp deputy chief Eng Aik Meng back to the fold as head of its liner unit APL.		Cruise ship collision in Greece Greek shipping union bosses have blamed inadequate infrastructure at the country's ports following this week's incident when two cruise ships collided in Piraeus, Athens.

GDF Suez wins Abu Dhabi deal French energy group GDF Suez said yesterday it has won a power generation and water desalination project in Abu Dhabi as the emirate brings in independent operators to cope with the rising utility demand.		Record results & high production Net income in the second quarter of 2008 amounted to NOK 18.9 billion, up 36% compared to NOK 13.9 billion in the second quarter of 2007. Net income in the first half of 2008 amounted to NOK 35.0 billion, compared to NOK 23.9 billion in the first half of

Maersk 3430 teu capacity vessels Maersk Line will deploy larger vessels on its routes between Europe and West Africa.		Exporters need more shipping box At ports, a shortage of cargo containers seems about as unlikely as cardboard boxes suddenly becoming obsolete.

Hanjin box arm returns to black HANJIN Shipping’s container business returned to the black, helping the South Korean company post a sterling set of first-half financial figures today.		Lukoil buys Akpet for $500 million Russian oil giant Lukoil has agreed to pay more than $500 million for Turkish petrol and petroleum products distributor Akpet, the firms announced in İstanbul on Monday.


Cosco to buy into Fuzhou port Hong Kong-listed Cosco Pacific, a subsidiary of the Cosco Group, is in talks to bring a partner into its plan to take a 30 per cent stake in the operations of Fuzhou Port, the South China Morning Post reports.		Ahead of the bell:Drybulk shippers Analyst raises 2008 drybulk shippers forecasts on expected demand for iron ore, coal, grain A Jefferies & Co. analyst raised his full-year earnings predictions for several drybulk shippers yesterday.

Hyundai June orders fall 8 pct Hyundai Heavy Industries Co., the world's largest shipbuilder, said yesterday that orders it received in June fell 8 per cent from a year earlier on fewer contracts to build power plants and other facilities.		Pirates seize 52,454 dwt bulker Somali pirates have reportedly hijacked their largest victim vessel yet.

Shipping line to extend port pact Taiwan-based Evergreen Marine Corp. will sign today an agreement to continue service to Baltimore for 10 years as it eyes an increase in traffic between the East Coast and Asia.		Offshore work helps keep Detyens Offshore vessel activity, particularly for Norwegian owners, has recently been keeping Detyens Shipyards, Inc. busy, judging by a report in the latest newsletter from Enman Associates, Inc., which represents Detyens and other leading shipyards worldwide.

Bibby Group in Ukrainian buyout LIVERPOOL’s Bibby Line group is expanding its shipping crew management operations in Eastern Europe after the takeover of a Ukrainian firm.		Carlyle acquires 50% in TVK Yard The Carlyle Group, leading global private equity firm, has acquired a 50 percent stake in TVK Shipyard (TVK), a Turkish shipbuilder specializing in chemical tankers and other specialty vessels.


Imarex launch BDI options contract International Maritime Exchange, a part of the Imarex Group of companies, is pleased to announce the launch of a new BDI Options contract to complement the BDI Futures contract launched last month.		Island Offshore back at Aker Yards Island Offshore, in which Edison Chouest Offshore is a partner, has placed a contract with Aker Yards for construction of a well intervention vessel.

Poten: VLCC market to stay firm VLCC timecharter rates on the trip from the Arabian Gulf to the east were estimated at around $195,000 a day, this time last week.		Petrobras for 22 new tankers Transpetro has officially begun bidding procedures for a $2 billion phase of tanker newbuilding expansion.

Amity Ace agrounded in Brunswick The motor vessel Amity Ace remains agrounded in the Brunswick River after reportedly losing power Friday morning.		3 Turkish Shipyards are closed Three more shipyards at Tuzla in Turkey have been closed because of poor safety records.

DP WORLD to run Aden Terminal DUBAI-based global marine terminal operator DP World and the Yemen Gulf of Aden Port Corporation have agreed a joint venture that will see DP World operating and developing the container handling facilities in the port of Aden.		MSC Bahamas success continues For the past eight years MSC, one of the world’s leading global shipping lines, has called The Bahamas home and over time has tranformed the way that thousands of companies throughout the country do business.