Oil tanker rates seen rising 20% by Dec RATES for carrying oil from the Middle East to Asia may rise more than 20 per cent by December as charterers rush to book ships for the year-end holiday period, said EA Gibson Shipbrokers Ltd.
EU's Borg pleads for 'candid' debate on European flag issues THE European Commissioner spearheading Brussels' search for a coherent maritime strategy has waded into the controversial debate over a European flag and coastguard by urging all sides to discuss the issues candidly.
Danaos hits price target with $200m New York share offering GREEK containership operator Danaos has achieved its pricing target in a $200m initial public offering on the New York Stock Exchange.
GO Carriers unveils £13m rights issue for growth GLOBAL Oceanic Carriers, the Greek dry bulk owner and operator listed on London's AIM market, has unveiled a £13m ($16.3m) rights issue to help fund the acquisition of two vessels.
Mammoet swallowed up as SHV increases holding to 75% FAMILY-owned Dutch heavylift specialist Mammoet has been taken over by SHV, one of the largest private companies in the Netherlands.
Workers object to private port plan THE Water Transport Workers Federation of India has urged the central government not to allow large port users to set up separate facilities near existing major ports
Panama plans crime treaty for Filipino crew PANAMA plans to establish treaty with the Philippines over assumption of jurisdiction for criminal offences committed by a crew member on a ship flying the Panamanian flag
Danaos scores IPO success GREECE-based boxship Danaos successfully sold 10.25M shares at $21/share, and has now begun trading on the New York Stock Exchange under the symbol 'DAC'
SNRH ready to work, unions ready to fight THE CGT union is calling for an indefinite strike on tugs in all the French ports from Monday, 9 October, to protest against the start-up of new towage company SNRH
Bulk trades 'driven by China shift' A cultural shift in China is a prime mover in the complexion of bulk trades, according to one bulker boss
Retailer survey finds record container volume won't cause port congestion Despite record volumes in October, U.S. ports should manage the peak shipping season without congestion, NRF survey finds.
Passport requirement delayed for cross-border truckers
Dr Coustas rings the changes as Danaos lists on NYSE Danaos President and CEO Dr John Coustas rang the opening bell at the New York Stock Exchange today in celebration of the Greek boxship operators' initial public offering of shares.
Keelung Port cuts rent to lure private investors Taiwan's Keelung Harbor Bureau has lowered the rent for berths 19-21, which will be put up for tender for the third time, in a bid to attract private investors.
Danaos holds steady Greek boxship owner holds close to its $21 offering price on first morning as public company, with more than half of its 10.25m shares trading already.
Teekay tanker in collision Aframax Erik Spirit said to be in mishap that 'badly damaged' fishing vessel off coast of Maine.
Borg opens up the floor Europe's maritime chief says industry has seven months to shape future policy though critics remain sceptical.
Magellan gets bigger US property tycoon Randall Jackson's planned residential cruiseship is adding 12 more apartments.
NATS to raise $160m Share issue will pay for Dynacom suezmaxes but did company miss a trick over stock price?
Danaos hits bullseye John Coustas-led boxship and bulker owner prices dead centre of target range in NYSE listing.
ASL stock slides News of Morgan Stanley exit sends shares in oil and gas service firm down nearly 10%.
K Line relaunches Vietnam run Japanese owner plans two loops to Hong Kong with partner Gemartrans.
Merwede opens new slipway Dutch shipbuilder wins first order for new facility in Krimpen from Superior Offshore.
Geo in the money Norwegian owner sells 1987-built construction ship for strong price as part of fleet renewal.
Fisher buys again British shipping group acquires UK-based monitoring systems group in cash plus debt deal.
TTA ups Mermaid stake Thai shipowner buys out another shareholder in offshore firm to lift holding to nearly 80%.
Røkke upbeat on European shipbuilding Owner of Aker Yards, Kjell Inge Røkke, was extremely upbeat on the future of European shipbuilding in Oslo yesterday. He ...
European flag to fail again The concept of an Euro flag is set to fail, like it did in the early 1990s. Zoltan Kazatsay, EC's ...
Large order to Gdansk Gdansk Shipyard secured an order for eight container vessels during the SMM exhibition in Hamburg. According to Andrzej Jaworski, CEO ...
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