US Navy 'won't let Iran block Hormuz, will defend ships' The United States will not allow Iran to block the Gulf, which carries crude from the world's largest oil-exporting region, and would defend its ships in the waterway, the US Navy's Fifth Fleet said yesterday.
Persian Gulf tanker rates may drop The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may halt the longest rally for more than a year as July's vessel demand slows and owners wait for next month's bookings to begin.
Retailers anxious over possible dockworker strike As a West Coast contract covering 26,000 dockworkers ran out on Tuesday evening, concern rippled among US retailers about a possible strike - even though talks are continuing.
Maritime Capital IPO latest casualty of jittery markets HANDYSIZE bulk owner scraps plan to raise around $300m, citing deteriorating global financial markets.
Maritime Capital to double fleet
Asian shippers protest new bunker surcharge SHIPPERS say the eight lines on Taiwan-Hong Kong/South China are taking advantage of lack of legislation.
Cosco Pacific in $250m sale and leaseback deal THE company will sell and lease back fleet of containers in an innovative deal with Commonwealth Bank of Australia.
PMA wants union extension during talks West Coast port employers say refusal by ILWU to extend previous contract sends the wrong message to cargo owners and the general public.
Exports power volume gains for West Coast ports
TSA, WTSA hike surcharges
CMA CGM signs for new terminal at Miami
Report urges ACE changes
Customs Update: Big issues roil traders
Alliance signs with Va. ports
Suzuki steps down as MOL Americas president
Evergreen appoints agents for Central American, Caribbean
Loan for Galveston port
Japan Post enters international air-cargo business
PMA salvo As contract negotiations reach crucial moment, a federal official tells TradeWinds that labour authorities are deciding whether to file a complaint against the ILWU.
No deal Pacific Maritime Association and West Coast dockers union negotiate past deadline as ILWU rejects a contract extension.
USCG, ferry collide A US Coast Guard cutter smashes into a ferry with 257 people off Block Island, Rhode Island.
Not dismissed Appeals court rejects a federal court dismissal of charges against OSG and a seafarer.
Payback time Europe orders former state-owned Hellenic Shipyards to repay EUR 230m in illegal subsidies, with new owner ThyssenKrupp picking up the bill
Arcangel floats A ferry has been re-floated off Mexico after grounding in November.
Split bags ferry Croatian shipyard to build 750-passenger ro-ro vessel for France's CMN.
North Korea cargo In a Web TV report, US Shipping Partners' ITB Baltimore delivers a cargo of food aid to North Korea.
Gladiator returns Crowley Maritime's emergency response tug will be on call year round to help vessels off Washington state.
Cape capture China's Sinotrans to buy two bulkers due for delivery from China at the end of 2009.
Spring-buck August should see South Africa's Grindrod announce jump of up to 95% in first-half profit.
TMM grabs cash Mexican owner sells more debt to finance 10-ship acquisition spree.
Ouch! Japanese shipbuilder IHI takes JPY 1.6bn hit to pay fine for misstating earnings.
S&P in the blood Craig Taylor with shipbroking in the genes launches youthful venture.
Cochin conversion Indian shipbuilder makes foray into seismic survey market with makeover for Norwegian trawler.
Green(ish) light Cargo ships of embattled Philippines ferry owner Sulpicio Lines allowed to sail but sea marshals required.
CSG grows Cargo traffic and profit up in first six months at CSCL parent China Shipping Group.
Princess to rise Tragic Sulpicio Lines ferry to be refloated in bid to recover hundreds of bodies from sunken hull.
Gas standard IMO makes progress on new rules for CO2 design index for newbuildings.
More delays SCAN Geophysical says seismic ships building at ABG Shipyard face further delays.
Flexible friends South African line Safmarine starts multipurpose run from Asia to West Africa.
Rickmers inks four German breakbulk specialist returns to China for more multi-purpose heavylift vessels.
Ferry clash Fifteen people injured as two passenger vessels collide in busy waters off Hong Kong.
Able bags carrier UK recycling company to dismantle former French aircraft carrier Clemenceau.
Another drip... Another week, another chunk of SapuraCrest shares for Seadrill.
Wärtsilä acquires Vik-Sandvik Wärtsilä aims to become a leader in ship design and acquires global ship design group Vik-Sandvik, a leading independent group providing design and engineering services to ship owners and the ship building industry worldwide. The company has its headquarters ...
Fredriksen buys more shares in TUI John Fredriksen now controls 15,01 per cent of the shares in TUI, parent company of Hapag-Lloyd, according to his Cyprus-based company Monteray Enterprises. Earlier Fredriksen had 11,7 per cent of the shares in TUI ...
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