RCL stocks hits 10-month high on loan agreement Regional Container Lines Pcl (RCL), Thailand's biggest publicly traded sea-cargo shipping company, rose to the highest in 10 months in Bangkok trading after its unit signed a loan agreement for as much as US$35 million.
Single-hull tankers await final rally: analyst Owners of single-hull oil tankers are waiting for one final rally in rental rates before scrapping the vessels, said Martin Stopford, a director at Clarkson plc, the world's biggest shipbroker.
Oz spill could spew for weeks A SECOND jack-up rig is expected to be en route tonight from Singapore to northwestern Australia, but West Atlas operators warned that crude and gas could keep spilling for up to seven weeks
Landmark US case decided AN appeals court has ruled that the tanker Seabulk Trader remains eligible for US coastwise service despite its double-hulling in China
Vale orders new Capes SUNGDONG Shipbuilding in South Korea announced today that it has won a new order for four Capesize bulk carriers from Vale of Brazil
BW Offshore axes 60 staff NORWAY'S BW Offshore today said it will cut 60 workers in one of its subsidiaries
Japan newbuilding tonnage jumps JAPAN'S shipbuilders racked up nearly a 50% rise in tonnage of export orders in July, figured on a month-by-month basis
GSL agrees to dearer borrowing GLOBAL Ship Lease, the London box ship charter owner, sealed a deal with its banks to amend its $800M credit facility
Ships collide in Turkish Straits TWO SHIPS have collided in the Sea of Marmara in Turkey, leaving one of them damaged
Fewer deliberate oil discharges in the Baltic Sea The number of deliberate, illegal oil discharges from ships observed by national surveillance planes, as well as satellites over the Baltic Sea area, has decreased more than ten per cent
Missing seamen found after tanker blaze The nine seamen missing after last week's blaze on board the tanker Formosaproduct Brick were found at the weekend. The fire quickly cut off the ship's power supply and the
Mærsk reports first red figures for many years A. P. Møller-Mærsk has presented its first red figures since World War II. The net result for the first half of 2009 was a loss of USD 540 million
Humber Viking named at Odense Odense Steel Shipyard named newbuilding no. 218 at the end of last week. The newbuilding was named Humber Viking in a ceremony conducted by Lone Skou, wife of Søren Skou
Reefer aground near Hundested The Faroese reefer Axel ran aground a few nautical miles north west of Hundested at the entrance to the Holb'k fjord. After 24 hours of attempts to get off the
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