Alinghi launches new catamaran for America's Cup Swiss America's Cup defenders Alinghi launched their giant catamaran for a duel against US rival Oracle by airlifting it into Lake Geneva on Wednesday.
Antwerp port sees no recovery before 2010: CEO Antwerp port, Europe's second biggest, will see a recovery in cargo volumes at the beginning of 2010 at the earliest, its chief executive said on Wednesday.
Hapag-Lloyd seeking up to 1.75b euros in capital: sources Hapag-Lloyd AG, Germany's largest container shipping line, is seeking as much as 1.75 billion euros (S$3.5 billion) in capital from lenders and shareholders including TUI AG, two people familiar with the matter said.
Trade credit woes hit Zim fuel supply ISRAELI carrier is early casualty as insurers take tougher line.
Trade credit 'all but collapsed'
Salvors warn of influence on arbitrators under new LOF plans INTERNATIONAL Salvage Union says powers to hire and fire arbitrators "totally unacceptable".
Hapag cash injection agreed HAPAG-Lloyd shareholders have agreed to make an urgent injection of new finance into its shipping line after heavy losses caused by the slump in global container shipping rates
Renegade reefer off Odessa THE BLACK Sea's rotting meat stew is marinating even more intensely today, with a renegade reefer ship anchored off Odessa to force a resolution
Aker axes yard workforce NORWAY'S Aker Solutions confirmed to Fairplay today that it will cut 155 jobs this autumn at its shipbuilding yard in Verdal
G8 addresses oil sector prices OIL PRICES, and their ties to the struggling tanker sector, are a main focus for leaders of the west's most powerful countries at the G8 summit in Italy
Venezuela cuts Honduras oil supply VENEZUELA'S state oil company PDVSA has cut its daily oil shipments to Honduras, the country's energy and oil minister said today
UK health office raps Transocean GERMANY'S Transocean Tours could be facing legal action today after failing to inform the London Port Health Authority about illness on board cruise ship Marco Polo
Russian insurer to offer Japan cover A RUSSIAN insurance company said today it has won the right to insure ships in Japan's maritime belt
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