Gulf oil tanker rates drop to 6-week low The cost of delivering two million-barrel cargoes of Middle East crude to Asia, the world's busiest route for supertankers, dropped to a six-week low, making it more likely that owners will decide to sell older ships as scrap.
World pirate attacks more than double in H1 2009 Pirate attacks worldwide more than doubled in the first half of 2009 amid a surge of raids on vessels in the Gulf of Aden and the east coast of Somalia, an international maritime watchdog said yesterday.
Strong yen troubles Japan shipping JAPANESE shipowners and operators are being put under financial pressure today as the yen strengthens against the dollar
Hapag raising trans-Atlantic rates HAPAG-Lloyd has announced an emergency bunker surcharge as from 1 August for the trans-Atlantic trade
Danaos delays more newbuilds CONTAINER shipowner Danaos has revealed five more newbuilding delays, bringing total negotiated delays to 25 of its 28 contracts
Tsunami warning issued for NZ TSUNAMI warnings were briefly issued today after a huge earthquake rocked New Zealand
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