SSA calls for urgent int'l action on piracy SIX incidents in five months in the same general area suggest that a band of pirates is starting to carve out a niche for themselves in the South China Sea off Pulau Tioman, while an ocean away - in the Gulf of Aden off the coast of Somalia - the rapidly deteriorating situation has spurred calls for urgent action from the Singapore Shipping Association (SSA).
Box lines head for new showdown with Brussels EUROPEAN Commission has shocked lines with proposed changes to existing consortia regulations.
ELAA adds members as it embraces its new role
Only political stability in Somalia will end piracy UK think tank says best solution to sea terror lies on land by re-establishing government rule of law.
Crisis talks for Norwegian ferry firm NORWEGIAN ferry operator Nye Kystlink held a crisis board meeting today to discuss its future.
Kroes said to reject Polish yard scheme THE EU'S competition chief will urge rejection of Poland's shipyard restructuring proposal, which would be expected to cause bankruptcy for the Gdynia and Szczecin facilities, Reuters reported today
US-Canada bridge project forging ahead The owner of the busiest bridge crossing linking the United States and Canada will sue if its plan for proposed new span is not approved for construction
Going down US-listed shipping and offshore shares take part in another day of slumping stock markets.
UP buys back After its Nasdaq-listed shares plunge Thursday, Felipe Menendez-led owner says it will extend its share buyback program for the rest of the year.
Burk 'neutral' Former Bear Stearns analyst launches Oppenheimer coverage with a "tempered" outlook on the industry.
Kystlink collapses Norwegian ferry line to cease trading next month after running out of money.
Tenerife spill A small spill in a Canary Islands port is leading official to take action against a Spanish boxship.
Cruise sale fails Buyer of Ultrapetrol's cruiseship Blue Monarch fails to deliver a deposit, killing the deal.
$58m drugs bust USCG nab Panama-flagged ship and 10 crew members in coordinated sting operation off Puerto Rico.
Spencer goes low Ocean HeavyLift bid comes in short of what rival shareholders have demanded.
Bigger slice Awaiting a response to its takeover offer, Liberty Shipping raises stake in International Shipping Corp.
High stakes Ignore the perils of Somali hijackings at your own risk, the world is warned by influential UK think-tank, Chatham House.
Harms into PSVs German owner pens first platform supply vessels by grabbing 6,500-dwt twins at JJ Sietas.
Error before lies Judge finds for Statoil over Louis Dreyfus in demurrage dispute that involved mistakes and deception.
Period charge Aries Maritime ties up two products tankers as it works to put full fleet on time-charter.
Darwin to sail Konig & Cie tanker, King Darwin, which was involved in spill in Canada to sail at weekend.
Bourbon bitten Analyst's downgrade takes chunk out of offshore owner's stock amid fears over the financing of its orderbook.
Stolt steady Third quarter profit slightly up as revenues increase but tanker owner concerned by credit crunch.
Sartor buys two Norwegian offshore owner ordering $90m newbuilding brace in China, Roy Wareberg says.
ICTSI bags Brunei Philippines port company wins tender to operate new container terminal at Pulau Muara Besar.
Mwangura seized Prominent observer of Somali piracy taken into custody in Kenya for 'alarming' comments to press.
Asia shake-up Evergreen joins APL, Hamburg Sud, Hapag-Lloyd and HMM to upgrade Australia services.
Big names convert SBM and Golar ink $150m contracts with Keppel for tanker conversions.
NOL outbid? German consortium Albert Ballin reportedly beats Singapore rival's offer for Hapag-Lloyd by $600m.
Sartor swoops Roy Wareberg-led owner takes control of Ocean Mainport following split with JV partner.
Reefer raid Lithuania's Limarko snapping up sistership of its Capella, which it bought from Norbulk last year.
"Technical issues" Cyprus-based cruise line explains last minute decision to pull out of Norwegian Dream purchase.
Kenya con Revenue says tax evasion racket at Mombasa port could have cost it KES 2bn.
Fiery Faina talk Islamist group in southern Somalia calls on pirates to burn or sink Ukrainian ship if ransom unpaid.
Boskalis back Peter Berdowski-led dredging giant takes Smit holding to over 20% despite recent failed takeover.
CCHC down Seven-day losing streak for Chinese bulker and boxship owner as dry cargo rates fall.
Twin attack Bulker and chemical carrier attacked off east coast of Malaysia by probable pirate gang.
Big dipper Daewoo's share price at two-year low over fears credit crunch will force low bidding levels in privatisation auction.
Pipavav to list Indian port controlled by Maersk files for domestic IPO worth INR 5bn.
BC cuts back Canadian ferry owner axing sailings on major routes to cut costs as traffic volumes drop.
CH Offshore fixes Singapore offshore vessel operator secures employment for newbuilding in $12m deal.
Sea-Cargo orders LNG-powered ro-ro vessels The Norwegian ship owner Sea-Cargo orders the world's first gas driven ro-ro vessels. The two vessels will be built in India for expected delivery in 2010. The vessels will be built with a full LNG propulsion package. Rolls ...
Five shipping executives face long sentences Four U.S. shipping company executives have agreed to plead guilty and serve jail sentences for their roles in a wide-ranging conspiracy to rig bids, fix prices and allocate market shares for customers transporting goods between the continental United States ...
Schwarzenegger stops container fee The Governor of California, Arnold Schwarzenegger, has vetoed a bill that would have imposed a USD 30 fee per handled TEU in the ports of Los Angeles, Long Beach and Oakland, reports Fairplay. The fee revenues were aimed for environmental ...
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