China Shipping looks for assets China Shipping (Group) Co, the nation's second-biggest sea-cargo company, is looking for opportunities to buy assets overseas as shipping lines and port operators struggle with slumping world trade.
LAN Airlines 80 years old LAN Airlines celebrated its 80th anniversary on 5 March. The company operated its first international flight between Santiago (Chile) and Buenos Aires (Argentina) in 1946, launched...
First Hong Kong cargo flight lands in Miami The first-ever cargo flight from Hong Kong to Miami, operated by Cathay Pacific Airways, took place early in March. It marked the beginning of thrice-weekly service from the world'...
Lufthansa Cargo grounds aircraft Lufthansa Cargo has taken two MD-11 full-freighters out of service. They will be shut down and parked at Leipzig/Halle airport, on account of the current airfreight downturn. Two m...
Sixteen missing after bulker and car carrier collide SIXTEEN seafarers are missing after a collision early today between a bulker and a car carrier about 120km south of Tokyo in Japan.
Sinotrans Shipping posts 146% profit surge SINOTRANS Shipping saw net profit surge 146% last year, boosted by an increase in profit from dry bulk shipping and the disposal of three very large crude carriers.
Trico-Sveaas board seat row deepens TRICO says it will disregard shareholder Kistefos' board seat nominations at AGM.
Hamburg Süd Med/ECSA capacity cut GERMAN container line Hamburg Süd said today it would reduce capacity immediately in its trade between the Mediterranean and the East Coast of South America
Bank sees protectionism rising THE WORLD Bank has warned about the impact of falling trade on developing countries and sees evidence that protectionist barriers are rising
HCI puts owners on the hook KG HOUSE leader HCI Capital said today it seeks higher equity contributions from owners for newbuildings considered to be unfit for the German private investor market
17 missing in Egypt sinking RESCUE teams are today searching for 17 seafarers missing after their cargo vessel sank off the Egyptian coast
Star reefer held Serious safety deficiencies tie up Argentina Star as US authorities detain eight.
Trico board balks US offshore vessel owner plans to disregard effort by Christen Sveaas to elect new board members.
PGS readies axe Jon Erik Reinhardsen-led firm ready to chop Spanish newbuilding as yard proposes hull switch.
High on dry Sinotrans piles on the profit in 2008 and keeps dividend in place as bulkers defy a sticky fourth quarter.
DFDS down Niels Smedegaard-led owner predicts zero pre-tax profit this year as annual net slumps.
Armada COA fight Insolvent chartering group in Rule B move against Indian coal buyer and Dubai shipping company.
Search on Chinese authorities looking for six crew missing after cargoship capsized off Zhoushan islands on Monday.
More inspectors Some 300 positions have been added to the Coast Guard marine safety program.
Crew missing Seventeen men unaccounted for after cargoship sinks in Red Sea off Egypt.
Cash for Colombo Sri Lankan shipbuilder made more money in 2008 as shipping boomed before the bust.
Jilted crew deal International agreement sets convention to rescue abandoned seafarers on course.
Russian ship free Vessel hauled into Norwegian port on suspicion of sinking boat released after a week.
Fatal fire Yard worker dies trying to extinguish reefer blaze at Asimar in Thailand.
Marenave buys Tobias Konig-led German shipping trust drives into car carriers with Leif Hoegh deal.
Seven scrapped More bulkers sent to breakers' beaches last week as prices move up again.
Emissions shock Ships churn out around half the particulate pollution produced by cars every year, US report says.
D-day déjà vu Irish ferry owner ICG once again tells long-time suitor to put up or shut up, profit rises.
'Index to fall' Goldenport's John Dragnis thinks BDI could go lower but settle at profitable level.
From dry to wet European owner converts two-bulker contract into deal for three tankers at Hanjin Heavy in Korea.
Pilot pleads guilty John Cota faces up to 10 months behind bars for his role in the Cosco Busan crash but dodges two felony charges at San Francisco court.
Goldenport rises Profit from sale of five units the difference as Paris Dragnis-led owner's annual net climbs.
Captain Kool dies Molly Kool Carney, North America's first licensed female master, passes away aged 93.
Big freeze No pay rises this year for staff at Danish ro-ro owner DFDS, as economic woes bite.
Cargoship sinks Up to nine people still missing after cargoship goes down following collision off Indonesia, but body of a child recovered.
C&T into repair Samsung engineering company has bought a 40% stake in shipyard near Luanda, Angola.
Ferry grounds Small car vessel forced aground off Aram, Norway, in strong winds.
Bulker bashed MSI-managed cargoship damaged in collision with fishing vessel off South Africa.
Clash probe Philippines to investigate collision between two tankers outside port of Manila.
STX set for loss Frank admissions to analysts point to tough two years for Lee Jong Chul-led STX Pan Ocean.
Rig to blame? Could a jack-up that sank after Hurricane Ike be to blame for damage to suezmax SKS Satilla ?
Nordic Ferry Services signs up with Austalships Nordic Ferry Services A/S has signed up with the Australian shipbuilder Austal for a new high-speed catamaran (HSC) for the service between Rønne on Bornholm and Ystad in
New Mærsk rig will transfer under own power Maersk Drilling has taken delivery of the first in a series of three semi-submersible drilling rigs from Keppel Fels Singapore. The rig is named Maersk Developer and is flying
Pilot risks jail An American pilot has pleaded guilty to charges in connection with an accident in the San Francisco Bay. He was piloting the container carrier Cosco Busan when it ran into
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