Ship owners urged to help keep Malacca Straits safe Ship owners were urged yesterday to contribute to a fund for ensuring safety in the strategic Malacca Straits, and warned that an accident could cripple international trade.
Metrostar scraps 10 newbuilding orders GREECE's Metrostar Management has cancelled 10 of its series of handysize bulker newbuildings at Jinse Shipbuilding.
Gloomy market may induce new liner services THE current market gloom on the key box trades could induce liner shipping companies to start new services due to falling vessel prices.
Nobu Su tankers to bypass the Gulf of Aden THE Taiwanese shipowner will divert his fleet of tankers around the Cape of Good Hope to avoid Somalian pirates
Brazil leads Russia on oil? BRAZIL'S government-controlled oil giant Petrobras has discovered another huge offshore reserve
India ports hit panic button INDIA'S ports have lowered customs clearing charges by 50-60%, in response to a 60% drop in prices over the past few months
Effective zero dry rates seen THE CREDIT crunch is having a "devastating" effect on dry cargo trade flows, said a study released today by insurance broker HSBC
Broström's boss hails courtship SHAREHOLDERS of Gothenborg's Broström won't be voting on Mærsk's takeover proposal until mid-January, but it's pretty clear already where the CEO stands
Kiev threatened again over gas bill GAZPROM of Russia has renewed its threat that it will cut off natural gas supplies to Ukraine by 1 January if Kiev fails to pay its gas bill
Paris mulling piracy tax FRANCE is considering an anti-piracy security surcharge tax on owners, the French shipowners' association Armateurs de France has today revealed
$2.5M pledged for Malacca security JAPAN'S Nippon Foundation today pledged $2.5M to pay for Malacca Strait security measures
Customs to publish new 10+2 filing rule The much-anticipated Importer Security Filing rule requiring additional data elements will appear in Tuesday's Federal Register
Share sale for Hapag-Lloyd?
NAM: 10+2 rule 'improved'
Rating downgrade leads YRC to collateralize assets
New container service Kokkola'Antwerp The Finnish shipping operator Merilinja Oy has started a new container service between Kokkola and Antwerp with three sailings a month. The 366 TEU container carrier Baltic Sea has been taken on time charter for the service. The industry, including ...
Greece tanker freed Somali pirates have released the Greek-owned tanker MV Genius that was seized on September 26 off Somalia, the news agency AP reports. The crew of 19 from Georgia, Sri Lanka and Syria is reported to be safe. According to ...
Maersk in new transport deal with CMA CGM Maersk Line and the French-owned shipping company CMA CGM have signed a new VSA-deal (Vessel Sharing Agreement) focusing on keeping the ship supply in line with a weaker market. The agreement contains two pendulum services linking Asia and ...
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