Caribbean tanker rates up on port delays The cost to transport crude oil from the Caribbean on Aframax tankers surged last week as delays at Gulf Coast ports forced charterers to hire additional ships.
Somalia food aid shipments at risk WORLD Food Programme will be stopped unless the UN can find a navy to take over in escorting aid ships.
IMB urges Somalia patrols as UN backs military force
Back-up plans readied ahead of Hapag-Lloyd sale BOX lines are discussing contingency plans in the event of another round of consolidation.
Car carrier capacity shortage 'will continue' HÖEGH Autoliners chief warns sector will continue to experience shortage of capacity until the end of next year.
Dry market sinks deeper "HIGH flyers have further to fall", says Fairlay's markets editor Andrew Lansdale, based on continued falls in the Baltic Capesize Index, which is down a further 1,218 points to 13,960 today after yesterday's record fall.
Spanish owners seek compensation SPANISH owners are seeking legal advice over compensation for major losses incurred this week during the road hauliers strike over soaring fuel costs. Full Story
Piracy and terrorism linked? CONCLUSIONS in a RAND report fail to consider the "cross pollination" that may be going on between pirates and terrorists, security insiders say. Full Story
Subic cargoes require scanning CUSTOMS in the Philippines are now subjecting all Subic Bay Freeport-bound cargoes to full X-ray scanning. Full Story
Soaring bunker costs damage Viking A 52% increase in bunker costs has had a negative impact on yields for Finnish cruise company Viking Line. Full Story
Transpetro to announce Promef tenders TRANSPETRO, will release the tender document for its fleet renewal programme, (Promef 2) later today or by Monday afternoon at the latest, says its president.
Exporters warned on e-filing penalties Trade has less than four months to prepare for the enforcement of new electronic filing regulations for exports which carry new fines as high as $10,000.
Evergreen switching NUE to APM Terminals in Virginia
Matson to raise surcharge
Floods stall Midwest trains
Horizon Logistics, DAS open Puerto Rico car service
Intermarine charges rise
Study: NYC should expand maritime support services
Portland keeps dredges
Evergreen Line cooperating in greenhouse gas project
Blue-chip ocean carrier for sale: one careful owner, reluctant sale The die is cast and in the next few days German tourist giant, TUI AG, parent of Hapag-Lloyd, will send out an 'information memorandum' to potential buyers and set the 'beauty parade' in motion to sell off the ocean carrier to the highest bidder; whether they reside in the Federal Republic or elsewhere.
Vuosaari gears up for post-panamax ships
Rotterdam's rail hinterland traffic on a growth spiral
P&O to place order in Finland Aker Yards and P&O Ferries have signed a letter of intent for two 49,000-gt car- and passenger ferries worth totally EUR 360 million. Delivery is scheduled to take place in 2010 and 2011 respectively, and the vessels will ...
Russian admiral blames shipowner and shipyard for fatal accident The Russian navy chief Vladimir Vysotsky visited the navy shipyard in Baltiysk after the explosion on the container carrier Enisay on 5 June, when nine persons were killed and three were injured. According to newsru.com, he said that the 82 ...
64-year old tanker sold to Nigeria The average age of the Danish flagged merchant fleet was lowered on Thursday, when the 64-year old veteran tanker Tiny Swan was taken out of the register. The tanker has been sold to Nigerian Great Eagle Maritime International of ...
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