Manila plans framework of modular ports THE Philippines plans to pump prime its economy by spending 11.78 billion pesos (S$375.8 million) this year on the construction of 74 modular ports around the country.
DryShips 'doing fine' after loan switch: lender DryShips Inc, the commodity shipping line led by investor George Economou, is 'moving in the right direction' after renegotiating loan terms with Nordea Bank Finland plc, the lender said.
Cruise ship carrying 105 aground in Antarctica A cruise ship with 64 passengers and 41 crew members aboard ran aground near an Argentine base in Antarctica on Tuesday, but there were no risks to the people aboard, the Argentine navy and the ship's operator reported.
Gas shipping rates to stay low on US demand slump: BW Gas
Port of Hamburg handles radioactive steel from India A major German news agency recently reported that radioactive steel from India has been passing through the port of Hamburg. Weber, an engineering company based in Neubrandenburg, ...
Panalpina inaugurates logistics centre in Singapore Panalpina, a Basel (Switzerland)-based global freight transport and logistics group, recently inaugurated a new logistics centre in Singapore. The ceremony was attended by the comp...
GAC Thailand sign new deal with JewelsAgent.com GAC Thailand has signed a three-year deal with jewellery exporter JewelsAgent.com Co. Ltd. By proposing a package that included free zone warehousing and services at Lad Krabang, G...
DSV Solutions expanding in Germany DSV Solutions, part of the Danish transport and logistics corporation DSV, has built and phased in a new logistics terminal in Bad Sobernheim (Germany) for its customer Mitsui Chem...
Tender issued for SCSPA`s major construction project A major new construction project for the South Carolina State Ports Authority's (SCSPA) new facility at the former navy base in the US port of Charleston SC is now out fo...
World's longest boxship calls at port of Hamburg The Danish shipping company Maersk's latest newbuilding ' the "Marit Maersk" ' made its maiden call at the port of Hamburg (Germany), shortly after its completion and naming ceremo...
Grimaldi takes delivery of the "Grande Ghana" The Grimaldi Group (Naples), a leading transporter of cars and ro-ro cargo, has officially taken delivery of the "Grande Ghana" from the Uljanik shipyard (Croatia). The 5...
Claus-Peter Offen to lay smaller boxships COMPANY plans to idle approximately 10 vessels with a capacity of 1,200 teu-2,500 teu.
Idle boxship capacity tops 1.1m teu
Flagless vessel loophole may dent recycling plan CASH buyers can easily circumvent new IMO regulations to avoid tougher environmental scrapping guidelines.
SeaFrance proposes big job cuts CROSS-CHANNEL ferry operator SeaFrance could axe up to 650 jobs in an attempt to stay afloat during the recession, the company said today
Owner seeks crew repatriation AN owner representative of the general cargo ship Rio Magdalena, now held in Port Manatee, reports that he has attempted to repatriate the crew, but has been stymied by US Coast Guard regulations and court complications
Counterparty risk deepens YESTERDAY'S revelation that several Excel Maritime charterers are not honouring their terms could be evidence of a growing sector-wide challenge
Antarctic cruise ship stays on rocks A CRUISE ship remained aground today in Antarctic waters, barely two months after a similar incident hit the Argentine-operated Ushuaia cruise ship
China, Russia finally close oil deal CHINA has finally agreed on terms for a China Development Bank loan of $25Bn to Russia's government-run oil exporter Rosneft and its pipeline company Transneft
Eight crew drowned in Russian chase A DEADLY ship chase has led to reports today that eight crew members from the dry cargo ship New Star have drowned in the Russian Far East
Spanish yards close supply deal SPANISH shipyards have signed a deal with the multinational steel company Arcelor-Mittal to supply of 60,000 tonnes of steel a year, Pymar, Spain's group of small to medium yards, said today
Trucks jam Los Angeles-Long Beach as port starts collecting clean-trucks fee Backlogs develop as about 20% of trucks entering S. Calif. harbor were denied access to marine terminals on first day of collection of $35 per-TEU fee
Leading German bank quits container ship financing
Volume drops at Long Beach
Tentative deal ends Vancouver strike threat
CSX delays Jaxport project
Euro View: Inland shipping makes plans to lure cargo
Tacoma, Vancouver boxes get off to rocky start
Grand Alliance, Zim join on Pacific Northwest trade
Nordic sales off New board at troubled Danish tanker owner blocks one disposal and tries to halt two others agreed by ousted regime.
Oceanaut dies Excel Maritime-backed blank cheque company to be liquidated after pulling plug on bulker buy in struggling markets.
Five-year low North Sea AHTS spot rates crash to below '6,000 per day, the lowest seen since 2004, brokers say.
Sales lift d'Amico Disposal of four units the key to doubling of net profit at Italian tanker owner while rates edge up.
Turkish purchase Steek maker IDC moves into shipowning after snapping up handymax from Helikon of Greece.
Finnlines in red Asset sales and capacity cuts are on the way for shipowner after pre-tax loss in 2008.
Revving up Grimaldi to launch "motorway of the sea" ro-ro service between Italy and Greece.
Sino-Oz tie-up? Fortescue Metals admits to talks with China and others "to explore investment opportunities".
Looking for Hans Danish expedition searches for wreck of liner Hans Hedtoft which sank off Greenland 50 years ago after hitting iceberg.
Pittas still paying Euroseas keeps dividend in place as it confirms panamax buy and the exit of an elderly handymax.
Ship swindle Philippines court jails man who took money from prospective seafarers after falsely claiming he could find them crew work.
Lloyd Fonds in red Fund dry-up, restructuring and impairment costs send German KG player to "first ever annual loss".
Clipper buys Danish group has doubled stake in compatriot owner DFDS to 15% this year.
Still in frame Fleet Management can't dodge Cosco Busan charges even if pilot was at fault, judge says.
Nancy burned Panama-flagged bulker suffers serious fire after arriving at port of Nakhodka in Russia.
Gas death Filipino crewman dies from poisonous leak on Korean tanker off India, two colleagues in critical condition.
Six missing One crewman rescued but colleagues feared dead after cargoship capsizes off China.
Boxes out Germany's HSH Nordbank to scrap container financing and cut 1,100 jobs as it downsizes in credit crunch.
BW bins divi Oslo-listed shipowner helped back into the black by tax changes but will not pay out to shareholders as it strives to rebuild its equity position.
Gulf defied Seacor overcomes declining US offshore market as fourth quarter profit increases.
Wall St wilts US-listed shipping stocks declined Tuesday due to more drybulk woes and a declining oil price.
Orders slump Japan's export newbuilding orders were down over 75% last month compared to January 2008.
Saipem delays Italian oil and gas contractor puts back the delivery of a giant new pipelay vessel by one year.
Ocean Nova stuck Cruise ship with 105 passengers and crew becomes latest vessel to run into difficulties in Antarctic.
SeaFrance sheds French cross-Channel operator cutting 650 jobs and reducing fleet size to combat fall in freight volumes.
Dramatically falling number of orders The number of shiporders continues to drop. Orders in January 2009 are down 97.7 per cent compared to the same month 2008 and down 12 per cent compared to
Maritime pollution should be a criminal offence European Parliament's transport committee wants to make maritime pollution a criminal offence. Even minor cases of pollution should be made criminal if they are repeated, deliberately or caused by serious
More profit for Concordia Maritime Concordia Maritime reports net sales of SEK 560 million (EUR 50.5 million) and a SEK 95.8 million (EUR 8.6 million) profit after tax 2008, up SEK 103
New Maersk record The latest newbuilding delivered to the Maersk Line, the Marit Mærsk, recently arrived to Hamburg. It's the longest ship ever calling at the port. For some years Hamburg has been
MEPs vote to make sea pollution a criminal offence Serious pollution and minor cases of deliberate or negligent nature targeted in EU legislative proposal
Europe market report, 18 February 2009 Bunker prices in Europe see double-digit falls.
Algeciras posts higher 2008 bunker sales Records 4.8% gain versus year-on-year fall seen in neighbouring Gibraltar.
Asia market report, 18 February 2009 Asian bunkers continue to slide mid-week.
Chemoil-Adani second barge launch delayed The AEL 2 was initially scheduled for February launch.
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