Okay to take fight to Somali pirates on land The UN Security Council on Tuesday unanimously adopted a resolution which, for the first time, authorises international land operations against audacious, armed pirates sheltering in Somalia.
China mulls use of naval escorts in Aden Chinese Vice Foreign Minister He Yafei said on Tuesday that China is 'seriously considering sending naval ships' to the waters off the Somali coast for escorting operations in the near future to fight against rampant piracy there.
Major US cruise lines end fuel surcharges for 2009 Most major cruise lines have suspended fuel surcharges for 2009 itineraries.
UN adds teeth to anti-piracy effort THE UN Security Council has put more teeth in its anti-piracy policy by urging navies patrolling off Somalia to embark regional law enforcement officers to facilitate prosecution of captured pirates
Basham asked to stay at US Customs US CUSTOMS commissioner Ralph Basham has been asked to remain in his job, Fairplay has learned
China steel production falls CHINESE steel production has fallen in November by more than 12% from November last year
China, Russia talk bank financing BEIJING'S bankers are locked in talks today in Moscow with the Kremlin-owned leading oil producer and exporter Rosneft, with the Russians seeking financing of up to $15Bn
Oz rigs evacuated off WA TWO OIL and gas exploration rigs off the northwestern coast of Western Australia have been evacuated and operations suspended because of the likely development of the season's first cyclone
Singapore suspends pig imports SINGAPORE is temporarily halting all pork imports, pending a report over the outbreak of an infectious pig-borne disease
Fesco gets sinking feeling DESPITE hefty growth in first-half revenues, Far Eastern Shipping Company (Fesco), Russia's largest intermodal shipping group, has reported a hefty fall in profits for the first half of the year, with worse expected by year's end
Security Council approves piracy land pursuit The United Nations Security Council now gives green light to pursue Somali pirates on land as well as at sea. The resolution was adopted unanimously by the member countries and will be in effect for one year. However, countries will ...
Shareholders want a new board of directors in Nordic Tankers Two of the main shareholders in Nordic Tankers A/S, Mogens Buschard and Hasse Larsen, demand an extraordinary general assembly in order to elect a new board of directors to replace the team that was appointed by Steen Bryde at ...
Green light for merger between Arlington and GenMar The merger between Arlington Tankers and General Maritime Corporation (GenMar) is now approved by each company's shareholders. The shareholders in Arlington Tankers will own 27 per cent of the shares in the new company, which will retain the name General ...
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