US Navy rescues ship's captain; 3 pirates killed US Navy special forces freed an American ship's captain and killed three Somali pirates holding him hostage in a lifeboat, ending a five-day standoff but drawing vows of revenge from pirates.
Local ports rebound slightly in Mar Singapore's ports recovered slightly in March, with container throughput at least rising month-on-month, even though volumes were still down from the year before.
Iraq outlines dry cargo deal with Restis IRAQ appears to have lined up its first major commercial shipping initiative since the toppling of Saddam Hussein by teaming up with Greece's Restis family shipping group for transporting dry cargo to the country.
Somali pirates attack ships ever further from shores THE MARITIME Security Centre, is warning transiting vessels to stay at 600 miles from the Somali coast.
Pirates vow revenge Somali pirates have said the weekend's attacks by French and US forces have raised the stakes in the escalating maritime crisis.
Phillips free, three pirates dead CAPTAIN Richard Phillips is free and three of his four pirate captors are dead after US Navy snipers ended the high-profile standoff
Master blamed for Explorer sinking THE Liberian government has blamed Captain Bengt Wiman for the November 2007 sinking of the Liberian-flagged cruise ship Explorer in Antarctica
Tankers face prolonged downturn TANKER spot rates will not see the previously predicted 4Q09 rebound, Dahlman Rose analyst Omar Nokta said on Monday
Seychelles piracy risk escalates Commercial vessels transiting the East African sea lanes near the Seychelles are now at risk of piracy attacks
Phillips and US Navy praised BOTH Captain Richard Phillips and the US Navy are being effusively praised following Sunday's rescue operation, which was personally authorised by President Barack Obama
MARLO: Keep 600 nm off Somalia SHIPPING should stay east of 60 degrees east and 600 nautical miles off the eastern coast of Somalia, the US Maritime Liaison Office (MARLO) warned in its latest communiqué
Cosco freezes port expansion COSCO Pacific is freezing new port development, slashing capital expenditure by 36%
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