India-flagged cargo ship adrift in North Pacific An India-flagged bulk cargo freighter with a failed engine was adrift on Sunday in the North Pacific, being tossed about by stormy seas and fierce winds, the Coast Guard said.
WWII hospital ship torpedoed by Japanese located An Australian hospital ship torpedoed by the Japanese during World War II with the loss of 268 lives has been located in waters off the coast of the northern state of Queensland, the government said on Sunday.
North Korea declares disputed waters a 'firing zone' North Korea declared waters along its disputed sea border with South Korea a 'firing zone' yesterday and warned ships from the South to stay away from the area, which was the scene of a deadly clash last month.
Shipping Times
Eurostar services cancelled 'indefinitely' The only passenger rail link between Britain and the rest of Europe has been shut down indefinitely, Eurostar said, promising more travel misery for thousands of stranded passengers just before Christmas.
India-flagged cargo ship adrift in North Pacific An India-flagged bulk cargo freighter with a failed engine was adrift on Sunday in the North Pacific, being tossed about by stormy seas and fierce winds, the Coast Guard said.
WWII hospital ship torpedoed by Japanese located An Australian hospital ship torpedoed by the Japanese during World War II with the loss of 268 lives has been located in waters off the coast of the northern state of Queensland, the government said on Sunday.
North Korea declares disputed waters a 'firing zone' North Korea declared waters along its disputed sea border with South Korea a 'firing zone' yesterday and warned ships from the South to stay away from the area, which was the scene of a deadly clash last month.
Shipping Times
Eurostar services cancelled 'indefinitely' The only passenger rail link between Britain and the rest of Europe has been shut down indefinitely, Eurostar said, promising more travel misery for thousands of stranded passengers just before Christmas.
Climate talks leave shipping in limbo Industry experts left in the dark as meeting fails to produce clear result.
Box lines losses reach $12bn Alphaliner estimates collective losses of almost $12bn in first nine months of 2009.
Royal Caribbean wins Allure loan Cruise operator secures $1.13bn funding for construction of Allure of the Seas.
Conference demise ups competition New report concludes that box lines have abandoned conference era habits and introduced considerable differences in pricing.
CMA CGM confirms order cancellation plans But group still taking delivery of 13,800 teu ultra-large boxships.
Share shorting by funds seen INVESTMENT managers at mutual equities funds believe that shipping stocks are so overvalued that they are beginning to short such shares, a key insider in that sector has told Fairplay
Allure wins Finn backing ROYAL Caribbean's second Oasis-class megaship, the Allure of the Seas, today secured financing guaranteed by Finland export credit agency Finnvera
LR acquires Scandpower NORWAY'S risk management company Scandpower told Fairplay today that being bought by Lloyd's Register will boost its shipping business
Storms lash crippled bulker STORMS are delaying efforts to rescue the crew of a crippled cargo ship off the coast of Alaska
Abu Dhabi Mar weighs yard FLEDGLING shipbuilding group Abu Dhabi Marine Operating is about to land another coup with the submission of the highest bid for ThyssenKrupp subsidiary Hellenic Shipyards
New credits to CMA CGM CMA CGM has reached an agreement with its its financial partners regarding a USD 500 million credit line. "This important step will enable the group to pursue the current talks
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