Pirates hope for 'favourable' reply Somali pirates demanding US$25 million for a Saudi super-tanker seized two weeks ago said on Saturday they were hoping for a 'favourable' reply as the deadline for paying the ransom loomed.
Baltic Dry Index drops for sixth month The Baltic Dry Index, a measure of shipping costs for commodities, retreated for a sixth consecutive month as slowing economic growth cut demand for commodities including iron ore and coal to make steel.
Box lines warn of 'chilling effect' of consortia restrictions EUROPEAN Liner Affairs Association leads effort to persuade Brussels to amend consortia rules.
Law firm questions draft EU consortia rule changes
Credibility of unarmed guards in Somalia questioned FOLLOWING chemtanker hijacking, maritime security sources stress that squads with non-lethal equipment are no longer enough.
Guards reportedly flee hijacking THREE British security guards reportedly jumped overboard today when Somali pirates hijacked a Liberia-flagged chemical product tanker in the Gulf of Aden
Crew saved from grounded vessel THE TWENTY-NINE crew members of a Taiwanese cargo vessel that ran aground were rescued early today in the port of Currimao in the Philippine province of Ilocos Norte
A year on: good fortune required Almost a year ago, on December 5, 2007, CI eXpress ran this headline: FEFC members: 'Next year as good as this year'. The report followed a bullish media-motivating briefing given earlier that day by the now defunct Far Eastern Freight Conference (FEFC).
Port operations in Mumbai normal - but curfew hinders workers
Hamburg Sud takes over in Colombia
Ukrtanscontainer reaches half million milestone
More carriers cut out Suez
ESC tones down objections to proposed consortium regulations
Steen Bryde bankrupt The main shareholder and the Chairman of the Board in Nordic Tankers, Steen Bryde, has been declared bankrupt. The bankruptcy has been expected for some weeks as it turned out that Steen Bryde was unable to pay loans or getting ...
Helsinki's Vuosaari now operational The new Vuosaari Harbour in Helsinki will today be officially inaugurated and all cargo operations of the port of Helsinki have moved to the new site. The old cargo harbours closer to the centre of the city will be utilised ...
Coral Sea master acquitted Kristo Laptalo, the Croatian master of the Coral Sea has by a Greek appellate felony court been acquitted from all charges of drug smuggling. Laptalo, who by a lower court was sentenced to 14 years in jail and EUR 200,000 ...
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