Pacific Shipping Trust holding off ship buys Pacific Shipping Trust, South-east Asia's first ship-owning business trust, said that it plans to hold off asset purchases this year because it expects vessel prices to fall.
Hyundai Heavy leads gains on Q2 earnings outlook Hyundai Heavy Industries Co, the world's largest shipbuilder, led advances among South Korea shipyards for a second day in Seoul on expectations of higher second-quarter earnings.
Super Group to raise 750m rand in share sale Super Group Ltd, the South African freight transporter and car dealer, plans to raise 750 million rand (S$135.1 million) by selling shares to existing investors and said full-year profit may decline due to fraud.
EPA loses wastewater appeal A RULING has been upheld that the US Environmental Protection Agency exceeded its authority in granting ships and other vessels a blanket exemption from the Clean Water Act
Mississippi to be closed for days COMMERCIAL traffic on the lower Mississippi River will probably be closed for days as a result of the spill from a collision between a tanker and a barge
Arctic energy gold mine revealed THE ARCTIC Circle holds 22% of the world's undiscovered, technically recoverable oil and gas resources, according to a newly released study by the US Geological Survey
Two killed in Singapore LPG tank TWO WORKERS, one of them a supervisor, who were doing ventilation work on a gas carrier anchored in Singapore were killed after falling into a tank yesterday
Gas Natural, Qatargas sign LNG deal SPAIN'S Gas Natural is thought to be keen on buying 5Bn m3 of LNG from Qatargas
Iran to import rice, wheat IRAN HAS licensed the import of 5M tonnes of wheat and 600,000 tonnes of rice ' equivalent to about 70 voyages in large-sized Panamaxes
UPDATED: ILWU dock slowdowns expand Longshoremen on Thursday stepped up their job actions even as the ILWU spoke positively about progress in contract negotiations with employers.
Prince Rupert boxes up
Spill closes Mississippi River near New Orleans
U.S. fines forwarders
Nine ILA members guilty in Boston investigation
Intermodal rail slips
Hub income up 9%
Willis wins Panama Canal insurance advisory contract
Canada airports win approval for cargo transshipments
Aeroflot leases freighters
After Hurricane Dolly, Texas port traffic recovering
Spill hold-up As 60 ships are held up because of a Mississippi River fuel oil spill, the Coast Guard says the tug involved had no properly licensed master.
Angela aground Molaris-led Excel Maritime Carriers' Angela Star grounds off Taiwan but has been re-floated.
Deal sweetened Marathon Acquisition Corp revises deal to takeover Global Ship Lease with higher dividend and charter rates.
CMB profits dip Parent of Saverys- and Timmermans-led Bocimar sees first-half profits slip by 7.5% despite market better market.
Another loss CEO announces review of company business as Aries Maritime Transport reports its third-consecutive quarter in the red.
Crewing shortage University of Sao Paolo study points to a growing lack of officers for Brazilian shipping.
What's the rush? Owners piling in with newbuilding orders as backlog clears will kill offshore market, Siem finance chief warns.
Panamax score China's Dalian Haichang inks huge 20-ship bulker order at Jiujiang Yinxing.
VLCC binned George Procopiou pockets $30.7m after scrapping tanker in Bangladesh.
ASC drops Profits fall at American Steamship Co, but other GATX shipping activities are on the rise.
Swiss spat Opec member Libya is halting oil shipments to Switzerland in protest at the arrest of Hannibal Gadaffi, son of leader Muammar.
On the prowl New Barry Rogliano Salles office in Singapore could be looking to add heads and expand horizons.
Greatship hits ten GE Shipping unit signs for two AHTS newbuildings in Singapore to flesh out its impressive orderbook.
Yard deaths Two workers killed after falling into LPG carrier tank off Singapore, raising recent death toll to seven in seven weeks.
Bulker backing Sabyasachi Hajara-led SCI free to press on with $240m panamax quartet, India says.
Lion share Barry Rogliano Salles takes stake in Singapore broker as it opens shop in Lion City.
HK exports slip Weak global economic markets send June exports down in Hong Kong against expected rise.
Costs bite Seacor A recent hike in anchor handler rates in the Gulf of Mexico can't halt second quarter slide at US owner.
Siem stung Costs and currency hit Norwegian owner's bottom line but it is 'quite pleased' with its second quarter showing.
Empress rap Grounding of US cruiseship caused by putting inexperienced junior mate on night watch, report finds.
Trico tumbles Company acquisitions hit Joe Compofelice-led owner hard as soaring expenses and finance costs plunge it into the red.
Not enough Bids for Hapag-Lloyd reportedly below TUI's minimum threshold of EUR 4bn, leaving bidders with some hard thinking to do.
Bidders revealed? Polish report names groups like Aker Yards and Larsen & Toubro as potential buyers of Gdynia and Szczecin shipyards.
Stellar Star Norwegian reefer owner drives up profit in first half as rates pick up from March.
Wartsila drives on Credit crunch hits vessel orders but Finnish engine manufacturing giant still piles on profit.
Record breaker Joe Pyne's US tank-barge giant Kirby Corp makes more money than ever before in second quarter.
FreeSeas fixes Varouxakis-led bulker operator ties up 26-year-old handysize for 60 to 90 days.
Arctic scrape Chilean-owned cruiseship Antarctic Dream grounds off Svalbard, but no significant damage reported.
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