Norwegian Cruise Line to plead guilty to negligence Norwegian Cruise Line Ltd has agreed to plead guilty to a criminal charge of grossly negligent operation of a ship in connection with an explosion that killed eight crewmen on the SS Norway in 2003, US prosecutors said last Friday.
Clarkson's chairman accused of lying CLARKSONS' chairman Tim Harris has been accused of lying to the shipbroker's AGM last year by Salim Bhimji, executive director of Ocean Press & Publishing.
Minister probes tugboat deal PAKISTAN'S Ports and Shipping Minister, Syed Naveed Qamar, has set up a powerful committee to investigate allegations into the awarding of a contract for the hire of a tugboat and pilot boat by Port Qasim Authority (PQA)
Coast Guardsman guilty in OWS case A COAST Guard warrant officer faces up to five years in prison for lying about oily water dumping in Honolulu Harbor
Mipo profits up 50% SOUTH KOREA'S Hyundai Mipo Dockyard has posted W826.7bn ($8.9M) turnover for 1Q08, a 22.19% increase on 2007's first quarter
Hanjin stops work on second yard HANJIN HI & Construction has stopped work on its second Philippine shipyard project, in Tagoloan, Mindanao, because of a row over environmental clearance
Liquidity problem rumoured at Aker AKER Yards Finland is alleged to be facing liquidity problems and has asked for additional capital from its owner, according to a Finnish TV report.
Ports back to normal after union protest West Coast ports see little effect after stoppage by the International Longshore and Warehouse Union Thursday to protest Iraq war.
TWIC deadline extended
WSC warns increasing fuel costs threaten U.S. service
Is communication the key to living with port congestion? The ocean carrier blames the terminal, the terminal blames the carrier and the poor shipper is kept in the dark. This is the blame-culture that is blighting container shipping and everybody suffers.
DryShips' new cape named Brokers say US-listed DryShips' latest capesize buy is Alcyon Shipping's Nightflight.
Pacific Basin sells again Brokers say the 45,600-dwt Pacific Trader (built 2000) has been sold for $59m.
Lash selloff buoys ISC profit International Shipholding Corp posts a 14.2% boost in first-quarter profits as the company continued to sell off Lash assets.
Clipper enters Argentina In a joint venture with Buenos Aires-based Petrotank, Denmark's Clipper Group wades into Argentine cabotage.
Precious profits plunge Khalid Hashim-led owner's income cut in half after 2007 figures were buoyed by vessel sales.
Kirby exec cashes in Tank-barge player's president has exercised options and sold millions in stock.
Taiwan Nav in the money Taiwanese bulker owner still raking in the cash as first quarter figures emerge.
Early Easter boosts ICG First quarter statistics show recovery but will the second period see it rue the early holiday?
GE spot joy Great Eastern Shipping of India sees annual revenue and profit soar as spot exposure grows.
Nine feared dead off Zanzibar Bulker carrying coal from South Africa said to have sunk with Filipinos, Singaporeans and a Kenyan feared dead.
Police probe after yacht hit Dutch police quiz master and second officer of Cyprus-flag ship after alleged collision.
Small owners eye Athens IPOs Shortsea companies will lead the charge for listings in Greek capital should restrictive rules be cast aside, leading economist says.
Arroyo to Hanjin: "Don't leave" Philippines president urges rethink after Hanjin Heavy threatens to scrap $2bn shipyard plan.
Bad start for Wan Hai Taiwanese boxship line dips into the red in first quarter as costs rise.
First quarter cheer for U-Ming Taiwanese bulker owner rolling in cash after strong start to 2008.
Sydney crash death-toll rises Sixth person dies in hospital after it emerges former Sydney Ship Repair worker was on board fatal vessel stolen from yard.
Mipo surges on pricey orders Korean offshoot of Hyundai Heavy sees first-quarter net profit balloon as it build more expensive units.
Yang Ming turns it around Panamax bulker fleet and asset disposals help Taiwanese owner erase 2007's first-quarter red ink.
Deep Sea sells newbuilding Oslo-listed offshore owner banks $6m profit from sale of anchor handler.
Opec output to edge up Oil exporting group's members will load 0.2% more crude over next month, reaching 24.62m barrels per day.
Algoma cuts losses Canadian tanker and bulker owner's first quarter result improves on back of strong dry-cargo sector
OceanFreight seeks $200m US-listed drybulk player files shelf registration with US regulatory authorities to raise fresh capital.
UK holds Rachel B "Numerous faults" led to chemical tanker being detained for a second time in as many months.
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