New update on state of Somali piracy Somali pirates received a US$1.8 million ransom for the release of a German-owned vessel and its 11-member crew, pirate sources and officials said at the weekend.
US search for lost ship of Revolutionary War Somewhere along an industrial stretch of river pocked with rotting piers and towering salt piles north of Boston lies the answer to one of the great riddles of the Revolutionary War.
Aussie warships in New York to mark centennial Two Australian warships have arrived in New York Harbor to commemorate the nearly century-old military relationship between Australia and the United States.
Slim hope for 18 missing in Kiribati
Hin Leong unit gets US$28m Stanchart loan facility
Kuehne + Nagel announces interim results Kuehne + Nagel, the global transport and logistics company based in Schindellegi (Switzerland), has announced its results for the first six months of 2009. The interim turnover cam...
Fears grow for crew of Hansa Stavanger SEAFARERS described by one source as "rapidly losing the plot".
Germany abandons hijacked Hansa Stavanger rescue mission
Brokers threaten Baltic over central derivatives screen BROKERS suggest they might withold reporting rates to the Baltic Exchange if it supports the move.
Fuel shortage fears dog low-sulphur debate IMO delegates raise concerns over availability of low-sulphur fuels.
Pirates free German ship ELEVEN Romanian crewmen from a German ship are free today after being held by pirates since May
US oil imports plunge US OIL imports are plunging fast, demonstrating a powerful impact from OPEC cuts, a sector analyst told Fairplay today
Oz coal port to slash exports AUSTRALIA'S Newcastle port reportedly plans to cut coal export shipments by 1M tonnes this quarter to reduce queues of ships
CIT rescue deal reported CIT, THE leading US provider of short-term financing to suppliers linked with shipping, has reportedly secured $3Bn in rescue financing from bondholders
Ecuador, EU in banana split ECUADOR has suspended trade talks with Colombia, Peru and the EU, alleging unfair tariffs on its banana exports
Bigger slice George Economou reports 14.4% stake in Nasdaq-listed DryShips after Primelead deal.
Vale approved Authorities OK Brazilian miner's plan to add 100 million tonnes of iron ore export capacity at Ponta da Madeira.
TPC protection bid South Korean shipowner and charterer makes bankruptcy court filing after failure to reach agreement with creditors.
DSME raided Computers and official documents taken after investigators crash shipbuilder's offices, reports claim.
More tanker cuts Cantor Fitzgerald analyst reduces her projections for tanker earnings ahead of second-quarter earnings reports.
Jeffboat preps axe American Commercial Lines-owned shipyard prepares to cut 10% of its workforce.
Cargoship sinks All 18 crew rescued after Asian Forest goes down in heavy weather off Mangalore, India.
Screen scream Futures broker hits out at LME central screen plan and warns Baltic off licensing its freight indices.
Cosco owed $17m Eastwind's unsecured creditor list led by Cosco Shanghai Shipyard and Asamar Bunkers.
Ferries to move Vessels of bankrupt Hawaii Superferry are bound for Norfolk Virginia under Marad custody.
Crew moved? Reports that Somali pirates have taken four Hansa Stavanger crew ashore likely to meet scepticism.
Creditors circling Jaya Holdings says some creditors have ignored its calls for breathing space and are demanding immediate repayments.
Japan holds 16 Three general cargo vessels detained in June for oily water separator offences.
Second sinking Another cargoship capsizes off Turkish Black Sea coast, with crew again saved.
Work stops FBMA Marine yard in Philippines lays off more workers as its last two ferries handed over.
Ningbo IPO World's eighth-largest port aiming for dual listing of shares by middle of next year.
Ransom paid Release of Intersee Group's Victoria followed handover of $1.8m, pirates claim.
Box giants scrap MSC, China Shipping and Ofer Brothers sell ageing vessels for demolition, brokers say.
Horizon rescue Seafarer on Horizon Lines boxship airlifted to US hospital after finger 'crushed and partially severed'.
Rebels try again Unhappy Rem shareholders go to appeal court in second attempt to block a split of the offshore support vessel owner.
On the rocks Dubai-owned general cargoship grounds off India as crew evacuate vessel.
IMO cuts deal Delegates agree way forward for shipping on emissions reduction as Copenhagen summit looms.
Sham sale voided Judge overturns Boskalis Westminister's near fraudulent sale of wreck worth at least $35m for $1,400 to Nigerian offshoot.
Saudi slump Tanker owner NSCSA sees second quarter profit drop 46% in weak markets.
Nauta next Poland decides to sell shiprepair yard following completion of deal to privatise Gdynia and Szczecin.
Cota jailed Cosco Busan pilot sent down for 10 months for his part in ship smash and oil spill in US.
Love Boat held A cruiseship that was once the star of the long-running TV series 'The Love Boat' is sitting un-loved and under arrest in an Italian shipyard.
Hapag headache Talks between loss-making German container line's shareholders deadlocked over new investment.
Newcastle cutting Effort to reduce ship congestion may see coal exports from huge Australian port slashed.
Fincantieri boost Italian shipbuilder Fincantieri has approval to increase its capital base by up to EUR 300m.
Less for pair Restis-linked Seanergy Maritime finds fresh work for bulker brace on reduced terms.
Titus dies Warren Titus, considered by many in the cruise industry to be the king of luxury cruising, has died at the age of 94.
Ocean loan Ocean Tankers of Singapore has lined up a $28m loan with Standard Chartered Bank.
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