Indian shipping firms eye high freight bonanza INDIAN shipping companies are looking to earn impressive revenues following a record surge in crude oil prices and a growing shortage of tankers that have firmed up freight rates.
Global container lines vow to go green The global container shipping industry is playing its part, in line with World Environment Day yesterday, to emphasise its commitment to environmental protection and reduce their impact on their environment.
No proof to link terrorists to piracy: report Incidents of piracy have spiked across the world since 2000 but there is no evidence to support fears of extremist groups linking up with pirates for their operations, a new study finds.
Fuel costs drive up All Leisure's summer cruise prices
Crew will define future of shipping THE current crewing situation will "define, in its own way, the future of shipping," Nicolas Pappadakis, Intertanko chairman, told delegates at a RINA-organised seminar at Posidonia today.
Ferry workers protest over sea motorways FERRY crews in Marseilles are on strike today to protest against the port's plans to bring in competition
Stena adds to Scottish investment STENA Line is to build a new ferry terminal near Cairnryan on the west coast of Scotland
Britannia Bulk plots NY IPO BRITANNIA Bulk Holdings has filed registration for an initial public offering of 8.3M shares and a listing on the NYSE under 'DWT.'
Montevideo bulker spill disperses AN oil slick that developed after a Panamax bulker ran into another bulker off Montevideo has been treated with dispersants and now appears to be drifting away from the Uruguay/Argentine coast
Carnival surcharge hikes again CARNIVAL Corp brands and NCL have yet again increased fuel surcharges in the wake of escalating costs.
IP-Over Citing market conditions, Wah Kwong Maritime cancels initial public offering on the Hong Kong Stock Exchange, for now.
A $36m lift Andre Goedee-led heavy-lift specialist Dockwise grabs six contracts to carry drilling rigs, barges and dredging equipment.
K-Sea grabs tugs New York-listed tank-barge player says the $41.9m deal will reduce towing costs.
It's cash now Ousted OceanFreight chief executive prepares to cash out on $1.38m in shares from non-cash settlement with US-listed bulker owner.
Dockers to strike Swedish longshoremen already are refusing to work overtime and now are preparing "all-out strike action".
Fredriksen quartet Seadrill adds four newbuildings in $850m move as its interest in Scorpion Offshore evaporates.
14 tonnes spilt Aeolos Management says collision of its panamax bulker off Uruguay occurred after the ship tried to avoid a third vessel.
Premuda privacy? Rosina family could delist tanker and bulker owner from Milanese exchange.
Clarkson on Case Richard Fulford-Smith's departure will not have any immediate financial impact on the broker, analyst says, tipping acting CEO to get job full-time.
Ropey safety German Tanker faulted over death of Filipino rating in mooring-line accident.
Loan for UIC Owner of Russia's Severnaya shipyard wants $800m to modernise plant.
ILVA books VLOC Italy's largest steel maker has gone to Dalian for a very large ore carrier.
Orders stunted Newbuilding contracts for offshore support vessels still slow as fears over delays and declining day rates persist.
German navy nein Somali pirates can relax if they see the Bundesmarine steaming towards them.
STX books three Korean yard to build 9,000-cbm LPG carriers for delivery by January 2011.
Aztech gets wet Singapore electronics firm looks to diversify by getting into shipping.
Mystery slide Piraeus suitor Cosco Pacific slips as parties wait to explain polarised tender valuations.
Veterans' farewell Washington state's four 1920s-built ferries advertised for sale, with breakers' yard a likely destination.
Thanks Dad Braemar chief Alan Marsh digs deep with near $100,000 gift for the wife and kids.
Lloyd's cash-grab Teams of underwriters vying for the Charity Challenge prize in fundraising drive.
Box jam Container congestion limiting imports at Ho Chi Minh City in Vietnam.
Star sparkles US-listed bulker company reports profits of $17.8m in first full quarter.
Brit Bulk in IPO Anglo-Danish shipowner looks to raise nearly $160m from NYSE listing.
Tanjung inks duo Malaysian offshore vessel operator orders two anchor handlers at domestic yard.
Cruiseship scrape USCG assesses damage to small vessel that briefly touched bottom off Alaska.
Rohde Nielsen adds two dredgers to its fleet Rohde Nielsen A/S is in the process of rebuilding two self propellered barges to dredgers at the company's own shipyard in Grenaa. The two units are the Trud R and Magn R, which have been fitted with new, more ...
Terrorist pleads guilty ' ports among the targets The American citizen Christopher Paul, also known as Abdul Malek and Paul Kenyatta Laws, has pleaded guilty to conspiring with others to use a weapon of mass destruction, as explosive devices, against targets in Europe and the US. He pleaded ...
EU court of justice over rule Intertanko The Court of Justice of the European Communities has ruled the UK, and all other EU members, can have their own rules on penalties for ship source pollution. Intertanko, and others, brought an action before the High Court of Justice ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
