Pirate attacks declining in SE-Asia, say shipowners ASIAN shipowners, who control 40 per cent of the world's fleet, say piracy has declined in South-east Asia but is on the rise globally.
New Delhi approves US$7b rail freight corridor project NEW DELHI has given the go-ahead to a US$7 billion plan to create rail freight corridors that will link eastern and western India to accelerate the movement of cargo.
DHL offers to beat holiday rush Express and logistics company DHL has launched the Beat the Rush promotion for international shipments to help customers beat the year-end holiday season rush.
Hyundai Heavy Industries announces 679.8b won S'pore order
LNG carrier surplus may hit tanker rates in next 2 yrs
China Shipping expects profit to be much higher than previously forecast
CMA CGM seals deal to buy US Lines FRENCH container shipping giant concludes agreement to buy niche tranpacific operator, confirming Lloyd's List report.
CMA CGM in talks to buy US Lines
Hellenic Carriers raises $60m from London IPO FOTINI Karamanlis-led company nets '29m from London's Alternative Investment Market floatation.
Alarm raised over Canada dockers security row BRITISH Columbia Chamber of Shipping raises red flag as dockers refuse to comply with security clearance program.
Welcome to the real world THERE is a great difference between the world of theoretical ship operation and the real world of shipping.
Other peoples' eyes THERE are suggestions that Vessel Traffic Services should have their authority greatly increased.
NCL, BV respond to blast report NORWEGIAN Cruise Line and class society Bureau Veritas have responded to claims that they were both responsible for the Norway's 2003 boiler blast
Nymex takes seat on Imarex board NYMEX Holdings, parent company of New York Mercantile Exchange, has takes a seat on the board of Imarex, the Oslo based shipping derivatives market
CMA CGM buys US Lines FRENCH liner giant CMA CGM has expanded its capabilities in the Pacific with the acquisition of California-based US Lines
Eckero wins control of Birka REDERI AB Eckero, the Finnish ferry company, has acquired control of more than 96% of the shares and votes in fellow Finnish shipping company Birka Line
Gazprom partners Total in gas GAZPROM will team up with French oil and gas major Total for the development of the Astrakhan gas field on the northern Caspian Sea coast
Ships are 'most carbon-friendly' ASIAN owners have defended shipping's emissions record describing ships as the 'most carbon-friendly' form of commercial transport
Barge owner sued K-Sea Transportation faces a $16m sexual harassment lawsuit by a former employee.
Argentina goes to Fesco Seven months after a fire puts its lone ice-breaker out of commission, the Argentine navy turns to Far-Eastern Shipping to supply Antarctica.
Cosco's Singapore sell-off Cosco Singapore says it hopes to sell its 12 bulkers to bring in $500m and focus on shipyards.
Feds sue Busan owner Regal Stone and a bay pilot face lawsuit in the oil spill from the containership Cosco Busan.
CMA CGM buys US Lines French carrier buys up California-based company with chartered-in fleet.
Search for chief falters Swedish Club goes for 15% as it hesitates over appointment of new managing director.
Su: 'Boom is insane' TMT chief hits out at unsustainable dry bulk boom despite inking three VLOCs last month.
Pina colada with a kick Spanish authorities find a container from Mexico filled with cans of pineapple ' and cocaine.
BC Ferries bomb scare Police evacuate a BC Ferries terminal after a passenger makes a bomb threat, as the ferry owner considers a lawsuit.
US forces key to ship's release Dubai operator of vessel freed off Somalia praises intervention of US navy but won't speak of ransom.
BW Gas warns bondholders New Norwegian tax rules could leave it in breach of debt covenants, gas carrier player says.
NSCSA edges up Third quarter improvement logged at Saudi tanker owner, after six-month profit disappointment.
IRISL launches African run Iranian boxship owner to cover Kenya, Tanzania and South Africa from this month.
Pac Basin breaks out bonds Hong Kong bulker owner will sell at least $300m of convertible notes due 2013.
Stolt's star rising Oslo-listed Stolt-Nielsen sees its stock soar following last week's US court ruling.
ASRY chief may quit Aggrieved but innocent Mohamed Alkhateeb aims to leave Bahrain shiprepair yard after 32 years.
Kherson in the clear Ukrainian yard given permission to buy rival shipbuilder Chernomorsky.
Andersen buys into revolution AP Moller chief takes DRK 10m holding to back up his fighting talk.
Brits peddle emissions deal UK representatives push for shipping and aviation emissions to be included in the next international climate change agreement.
HHI and goodbye South Korean shipbuilder ties up one mammoth order and denies cancellation of another as the deal was never rubber-stamped.
Yangzijiang in warrant issue Shipbuilder to release 80m "European style" warrants which will be traded on the Singapore stock exchange.
Tosmare turns up heat Latvian shipyard more than doubles nine-month profit as revenue increases.
Panamax grounds in Australia Attempts to re-float loaded bulker stuck in mud may have to wait for more favourable tides later in the week.
Another headache for WSF US ferry group loses ship to engine failure two weeks after pulling four 1920s-built veterans over hull pitting.
Almarjan released off Somalia No confirmation of any ransom payment as Dubai-operated ship and 18 crew allowed to sail.
More red ink at Nepline Vessel off hire woes continue to dog results at listed Malaysian tanker owner in the third quarter.
Out again Aker Yards' Finnish workers have staged second strike in two weeks, this time over pay.
Finaval pulls IPO Italian tanker owner's Milan listing plans latest to be scuppered by the global credit crunch.
A bridge too far for Uberti Former commander in charge of San Francisco sector, William Uberti, steps down not long after Cosco Busan incident.
Seabourn in piracy scare Royal Navy responds to cruise ship's call for help off Somalia two years on from grenade attack.
PGS goes to market Norwegian owner to sell $400m of convertible bonds to finance Arrow Seismic takeover.
NYK ties up Wuhan deal Japanese owner confirms it will haul Aussie iron ore for Chinese steel maker in 23 year contract.
No diesel leakage from Ekfors Tanker owner Ektank denies earlier reports of a diesel leakage from their product tanker Ekfors in the port of Horten on 9 November. The vessel had been towed to the port after having dragged anchor and grounded off Slagentangen in ...
IMO delays ballast water treatment IMO has decided to delay the enforcement date for ships' ballast water treatment equipment so that new ships constructed from 2009 will not be required to have new equipment installed until 2011. The International Chamber of Shipping, ICS, which together ...
15 per cent increase from The Swedish Club The Swedish Club has decided to increase their P&I premiums by 15 per cent due to increased pool claims and to the fact that 55 percent of the clubs aggregated claims comes from a relatively small number of claims ...
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