Tsakos to cut long-term tanker deals as rates rise Tsakos Energy Navigation Ltd, Greece's biggest publicly traded oil-tanker company, plans to more than double the ships offered for single voyages to profit from a 75 per cent increase in freight rates over the past year.
Container line Maersk a Gulf oil producer in disguise? AP Moeller-Maersk A/S, owner of the world's biggest container-shipping line, is a Persian Gulf oil producer in disguise.
France buys shipyard stake amid employment fears France announced plans yesterday to buy back 9 per cent of the country's biggest shipyard, amid concerns that luxury cruiseliner production could move to Asian yards under its new South Korean owners.
Baltic Cape index plummets THE Baltic Exchange Capesize Index has fallen off a cliff.
Three sentenced in UK on price fixing THREE marine hose price fixers, already found guilty in the US, have now also been convicted in the UK and sentenced to jail there
EMS seeks $50M after shopping trip EITZEN Maritime Services (EMS) in Norway is seeking $50M following its acquisition of Dubai-based Seven Seas Shipchandlers earlier this week
Bahrain aims for 100,000 cruise pax a year BAHRAIN is planning to attact 100,000 cruise passengers a year, Mohammed Nass, the CEO of the Bahraini Tourism Promotion Project, has told the state news agency BNA
Top tots up huge loss TOP Ships suffered heavy losses in its first quarter as a result of surging repair expenses and the change in value of financial instruments
Drybulk could fall further SEVERAL drybulk shipping stocks are under pressure, but it is not yet time to buy on the dip, according to JP Morgan shipping analyst Jon Chappell
Escalating transportation costs seen driving manufacturing back to U.S. As transportation costs continue to rise, retailers tell supply chain conference that they are witnessing a gradual shift of manufacturing back to United States.
Stocks punished US Shipping Partners continues its free fall, and bulker stocks plunge after the Baltic Exchange posts its largest-ever one-day drop.
Tsakos extends Greek owner keeps two aframaxes on charter to Finland's Neste, but moves third into spot market.
Pain for Pistiolis Top Ships posts $18m first quarter reversal despite its entry into the dry cargo sector.
Better days ahead? Top Ships CEO says he expects improvements in the second quarter as 'corrective actions' come to fruition.
Going for it all US-listed DryShips closes offer period for Ocean Rig with 97.7% of the company but says it will push to force purchase of the rest.
France in at Aker Government has been in talks with STX about taking a major holding in the Oslo-listed shipbuilder's French yards, Svein Sivertsen says.
More foreign captains on Danish flagged vessels Herning Shipping and Svitzer A/S have joined D/S Torm in using foreign, including non-EU, citizens as captains on Danish flagged vessels. Recently Herning Shipping has applied for permission to use foreign captains on two tankers in its ...
Norwegian Jewel first in new St Petersburg passenger terminal The first vessel calling the new Sea Facade terminal in St Petersburg will according to SeaNews.ru be the Norwegian Jewel on 10 September. The new berth can accomodate vessels up to 311 metres in lenght and with a draft of ...
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