Hijack risk could drive up cruise insurance It's an insurer's nightmare: Heavily armed pirates, emboldened by their success in capturing cargo vessels, hijack a cruise ship with hundreds of well-heeled passengers and ask for massive ransoms.
IMB warns of piracy in South China Sea Ships have been told to keep a lookout to guard against pirate attacks in the South China Sea off eastern Malaysia following an attack on a vessel last week, the International Maritime Bureau (IMB) said over the weekend.
Caribbean outbound Aframax oil rate stays put The cost to transport crude oil from the Caribbean on Aframax tankers may have peaked after rising 54 per cent last week amid a shortage of ships, broker Galbraith's said.
Client finance woes lead to smaller orders for Singamas
Glory Wealth sues Rio Tinto for $4.6m AUSTRALIAN iron ore miner allegedly failed to load a capesize it had chartered from Chinese dry bulk operator.
One Voice set to publish UK maritime study REPORT to set out strategic importance of shipping, ports and related professional services to the economy.
ATC defends effectiveness of sonic device BISCAGLIA incident showed only that security personnel on board did not deploy its so-called sonic laser in the correct manner.
Box makers hard hit by crunch CONTAINER manufacturers are reeling today because demand for boxes has collapsed with the economic downturn
DryShips skyrockets 51% BATTERED US-listed drybulk shares staged a stunning rally Monday following reports that iron ore contract negotiations could be accelerated
US box imports fall 7% THE LATEST survey of US box imports has confirmed a 7.1% decline for 2008
Grounding renews call for polar rules LAST WEEK'S grounding of the cruise ship Ushuaia in Antarctica is renewing calls today to limit maritime tourism in the environmentally sensitive region
New Odfjell chief sees recovery THE STANDING order from the new president of Norway's Odfjell is prepare already for the recovery, he told Fairplay today
Wrist-Kooyman merger goes public WRIST Ship Supply has today gone public over its merger with fellow Dutch supply business Kooyman Dordrecht
Sale brewing at Star? STAR CRUISES issued a statement revealing a possible disposal "of certain interest in its subsidiary" after today's surge in its shares
FMC won't expedite clean-trucks review Commission declines request by port terminal operators in LA-Long Beach for expedited review of fee services agreement
'Cash rich' Canfornav says its conservative strategy will allow it to afford the tough bulker market.
SFI's $75m ATM John Fredriksen-led company sets up an at the market equity offering of 7 million shares.
Still booming The shipping market may be experiencing a downturn, but the party was on at the Grunt Club.
Still struggling Delivery date for huge Solstad anchor handlers remains unclear despite arrival of first hull in Norway, Karmsund Maritime says.
Vegas style Ship repairer Mount Royal / Walsh offers a slice of Las Vegas at the Grunt Club event.
Sold out It's a "very difficult time" in shipping, but Grunt Club president Alan Loiseau says sold out Grunt Club is a good sign.
Shipping crooners Karaoke rules the night at Karlo Group's suite at the Grunt Club's annual dinner.
Veteran refloated 1965-built Norwegian cargoship will undergo repairs at domestic shipyard after grounding at Saltstraumen.
Another cash call Swedish Club's Lars Rhodin joins the list of P&I managers seeking a hefty injection of funds.
BHP to cut? Is Anglo-Australian mining giant about to follow rivals with 25% cut in iron ore production?
Crew missing Two Georgians feared dead after Turkish cargoship sinks off Libya in storm.
No charge Royal Caribbean suspends fuel surcharge from 1 January across its three major brands.
So long Storeng Odfjell chief Terje Storeng quits and will be replaced by CFO Haakon Ringdal from next May.
Fear and fishing Crew of released Greek bulker Centauri reveal what life is like with the pirates of Somalia.
Backlog grows Dispute at France's Fos-Lavera leaves 30 tankers outside port, with another 25 on their way.
Heavy gains South Korean yards see share prices jacked up by JPMorgan upgrade.
Boxship attacked Blaze erupts after grenade attack off Tanzania while Somali pirates threaten to pull out of Faina talks.
Saudi cuts Top crude exporter to reduce shipments to Asia even further in January, as demand wanes.
Statoil pulls plug Norwegian energy giant cancels four month deal with Wavefield Inseis, but the shipowner has tied up with ExxonMobil for the first time.
Caspian link Azerbaijan and Turkmenistan agree to revive ferry service between Baku and Turkmenbashi.
CSAV attacked Company official says shots were fired as a Chilean-controlled boxship was attacked off Somalia.
Wrist merges Danish group's ship supply arm teams up with Kooyman Dordrecht in the Netherlands.
Birka Exporter in collision On Monday morning (December 8, 2008) the Finnish ro-ro vessel Birka Exporter collided with a fishing vessel off the Dutch coast. According to the owner Birka Cargo in Mariehamn both vessels suffered hull damages, but no persons were injured ...
Sharp hike in P&I premiums at Swedish Club Swedish Club has decided on a 15 per cent general premium increase for the next policy year. In addition, the club has decided to further raise its capital through a 35 per cent supplementary call for both 2006/07 and ...
Maersk feeder attacked in the Indian Ocean Maersk Line's East Africa feeder vessel Maersk Regensburg was attacked by pirates around 485 nautical miles off the coast of Tanzania last Friday. The pirates attacked the vessel by two small boats and they used both machine guns and propeller ...
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