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Shipping Gloomiest Since 2009

 The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters.

South Korea Tops in Shipbuild Orders

 South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., have secured the largest amount of new orders in the first six months of the year to retain the top slot,

Possibly the Worst Quarter on Zero DSV Utilisation

 According to a research note released today from UOB Kay Hian, Singapore offshore vessel operator Pacific Radiance achieved an ominous vessel utilization

Port Lafito Officially Opens

 GB Group, a diversified group of industrial and trading companies, has announced that Port Lafito, a world-class modern container port in Haiti, is open and operational.

Fund Targets Mols-Linien

 The Danish equity fund Polaris makes a tender offer on all shares of the ferry operator Mols-Linien, which sails on routes Odden-Ebeltoft and Odden-Aarhus.

Viking O&M Secures Rig Contract from a Chinese Firm

 Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).   Viking’s

Terrifying Video From Daytona Fans Shows Race Car Crashing Into Stands

14 hours agoVehicles / Cars : Jalopnik

According to NBC Sports, three spectators were treated for minor injuries as a result of the massive wreck at the end of the NASCAR Sprint Cup Coke Zero 400. Austin Dillon’s car became airborne in the pile-up, smashing through the part of the catch fence that separates fans from the track. Read more...

Mercedes AMG One-Two Finish At 2015 Formula One British Grand Prix

15 hours agoVehicles / Cars : Motor Authority

Pure talent and an impressive bit of strategy helped Mercedes AMG’s Lewis Hamilton secure victory yesterday in a rain-affected 2015 Formula One British Grand Prix. It was the Briton’s 38th career win in F1, plus the fifth of the current season. Furthermore, it’s his third win at Silverstone, which means he now equals Jim Clark...

Formula One Isn't The Only Series That Throws Sparks

15 hours agoVehicles / Cars : Jalopnik

Formula One may be throwing sparks with its titanium skid plates this year, but let’s not think that the pinnacle of stock car racing doesn’t have its own car-mounted fireworks display. When the second “big one” hit at Daytona, Kyle Larson and Carl Edwards put on a spectacular show as they scraped the track. Read more...

Daytona NASCAR Race Proves Haters Right On Lap 4

17 hours agoVehicles / Cars : Jalopnik

Do you hate restrictor plate track NASCAR pack racing with a vengeance? Are you That Guy? Like, are you really, really especially That Guyish now that it’s sort of late at night and NASCAR is just starting the Coke Zero 400? Congratulations, they just had a “big one” on Lap 4. Read more...

Rolls-Royce introduces Wraith St. James Edition

17 hours agoVehicles / Cars : Leftlane

The St. James Edition is the most powerful street-legal Rolls ever made.

The 15 2015 hatchbacks with the most trunk space

The 15 2015 Hatchbacks With the Most Trunk Space Large trunk space is a necessity for many drivers—and the room offered by the standard sedan doesn’t always cut it. Hatchbacks offer the best of both worlds. These highly versatile vehicles are spacious enough to haul cargo that won’t fit in a standard-sized trunks, such as […]

The CarAdvice Garage — live interactive video stream 11:30AM AEST 06/07

21 hours agoVehicles / Cars : Car Advice

After the success of our Toyota HiLux worldwide reveal, where we ran a Periscope session allowing our readers — you guys — to watch and ask questions live, we are trialling a Periscope stream of the CarAdvice Garage. You can watch the video stream live from your computer or you can watch and discuss live using the […]

Ferrari IPO could top “at least” $15 billion

21 hours agoVehicles / Cars : Car Advice

Ferrari CEO Sergio Marchionne believes the brand’s initial public offering, scheduled to kick off later this year, could easily top 10 billion euros (AU$14.7b). Marchionne, who is also the CEO of Ferrari’s parent company Fiat Chrysler, told press at this week’s unveiling of the refreshed 500 hatch that there is good reason to believe the […]

New Car Sales Figures June 2015

21 hours agoVehicles / Cars : Car Advice

The following data are new car sales figures for the month of June 2015. For a detailed analysis, click here. June 2015 Australian New Car Sales Figures 1 Toyota 21,501 2 Holden 11,928 3 Mazda 11,526 4 Hyundai 11,007 5 Mitsubishi 9,011 6 Ford 7,251 7 Volkswagen 7,103 8 Nissan 6,636 9 Honda 5,311 10 Subaru 4,502 […]

2016 Volkswagen T6 Transporter, Caravelle and Multivan models:: first details

21 hours agoVehicles / Cars : Car Advice

The first details of the new-generation 2016 Volkswagen T6 model range – which incorporates the Transporter van along with the Caravelle and Multivan people mover models – have been revealed. CarAdvice attended the launch of the new-generation T6 Transporter, Caravelle and Multivan model lines in Sweden last week, where it was made clear that there […]

Volkswagen Multivan Generation Six Review

21 hours agoVehicles / Cars : Car Advice

If there were ever to be a modern-day take on the classic Volkswagen Kombi, this would be it – the new Volkswagen Multivan Generation Six. Sure, it’s not a split-window Microbus. Nor does it have 23 windows like the iconic Samba. And there’s no sign of an overtly large VW badge on the bonnet, either… well, it’s […]

Fiat Aegea Wagon Rendered

Though Fiat has already announced an impending wagon version of its Aegea small sedan, we've yet to get a glimpse of the Italian automaker's VW Golf Wagon, Peugeot 308 Touring and Skoda Rapid rival. To help fill in the gaps, independent artist Theophilus Chin has given us his interpretation of how the wagon may look. Show More Summary

Renault Achieves New Monthly Sales Record, Clio The Star

Renault Australia has more than enough reason to feel bullish about its place in the Australian market, having just notched up a record month of sales with 1410 cars sold in June - its best monthly result since re-entering the country in 2001. Show More Summary

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