Greek shipowners wait for price fall to buy Most Greek shipowners, who account for more vessel orders than any other nation, are waiting for prices to drop before expanding their fleets, according to Royal Bank of Scotland Group, their largest lender.
BP doesn't need any strategic investor, say shareholders Shareholders in British oil company BP balked at reports it would seek urgent investment from a wealthy Middle East or Asian country as clean-up costs for its US oil spill topped US$3 billion.
Taiwan's CPC to order six tankers CPC Corp, Taiwan's state-owned oil company, and its partners in a shipping venture planned to commission the building of six crude oil tankers and one oil product carrier to replace existing vessels.
APL Logistics and Sumitomo Warehouse Co. form alliance APL Logistics recently reported that it has formed a strategic alliance with Japan's Sumitomo Warehouse Co to jointly market global supply chain services. Under the agreement,...
Wim Bosman obtains AEO certification in Romania The Netherlands-based 3PL and logistics service provider Wim Bosman has obtained AEO-certification in Romania. The country's customs authorities recently presented Wim Bosman ...
Ceva Logistics expands partnership with Renault Logistics service provider and SCM specialist Ceva Logistics has signed a three-year agreement with Renault, renewing an existing contract and expanding the services it provides in...
APL: Two long-serving executives take on bigger roles APL, one of the leading container shipping lines, is moving two senior executives into new roles to strengthen global trade lane management and build further momentum in ...
Evergreen orders ten 8,000 teu vessels from Samsung Heavy Industries The Taiwanese Evergreen Group has placed orders with Samsung Heavy Industries Co Ltd in Taipei for ten 8,000 teu L-class environmentally advanced containerships. The first unit is ...
K-Line, MOL and NYK operating joint service to Mexico and South America The Japanese shipping companies MOL, "K" Line and NYK have created a new consortium which will upgrade the Asia- Mexico and west coast South America (WCSA) container service. T...
Boeing welcomes WTA decision and receives Air China order The US plane manufacturer Boeing praised the World Trade Organization's (WTO) final ruling that billions of dollars in European launch aid subsidies used by Airbus to develop its c...
French ports hit by strike CARGO handling was severely disrupted at French ports today as workers staged a 24-hour strike over retirement provisions
Search for missing captain ends DENMARK'S AP Moller-Maersk confirmed to Fairplay today that the search for a Danish captain who fell overboard has been called off
China shipping stocks retreat CHINESE shipping stocks have fallen amid deepening concerns among traders that the region's hunger to import raw materials may not be sufficient to fuel a global recovery
A Whale takes to the Gulf CLEANUP crews in the Gulf of Mexico have begun testing a Taiwanese VLCC converted into an oil skimmer, as BP announced that its bill for the operation has topped $3Bn
Seafarers freed off Niger Delta GUNMEN have released 12 seafarers who were abducted from a ship last week off the Niger Delta, IHS Global Insight reported today
Trotsenko denies Nordic deal THE CEO of Russia's United Shipbuilding Corporation, Roman Trotsenko, has told Fairplay that reports that his company is about to buy Nordic Yards are false
Pacific Adventurer hearings begin A COMMITAL hearing has reportedly begun in Australia for a captain and four shipping companies accused of spilling oil off Queensland last year
Eidsiva shows its hand Shipowner will shed its ro-ros and look to become the world's third largest pure car carrier tonnage provider after Dyvi deal.
Troubled water for VLCC clean up plan Rough weather leaves Nobu Su waiting for news on whether BP will charter innovative VLCC sized pollution clean up vessel.
Platou talks up tanker values Analysts at RS Platou Markets predict VLCC values could climb by 20% as US demand rises.
Cargoships clash in Manila Aboitiz boxship and Japanese vessel involved in collision during berthing at South Harbor.
Pacific Adventurer master in court High profile Australian oil spill leads to legal action that could cost Swire group over $6m.
Tanker dented in gate bash Crystal Pool vessel's bow damaged after it hit a lock in Germany's Kiel Canal.
Greek tanker seized in Red Sea Evalend Shipping-owned chemical carrier Motivator snatched in Red Sea with 18 crew.
Losing start for Jadroplov Croatian boxship and bulker owner still in the red in first quarter as costs outstrip revenues.
Bulker grounds in St Lawrence USCG responding to Seaway Marine ship that has gone aground in New York state.
Greek cheque books closed RBS says Greek owners have been turned off newbuildings due to rising price tags.
Bulker hit by blaze off Scotland Salvage efforts begin as conveyor belt fire spreads to V.Ships vessel off remote UK peninsula.
Maersk surprised by upturn Danish giant takes six containerships out of Scottish lay-up as demand recovers.
Cosco opens Taiwan link Chinese owner launches only second direct sea route from mainland after shipping restrictions were eased.
Eidsiva oldies land longer charters Oslo-listed owner nets one-year deals for two 1980s built car-carriers.
USCG in Samoan drugs bust Government-owned cargoship Sili raided after smuggling tip-off.
Shields ends 46-year stint UK tanker and marine services group James Fisher will have a new finance chief this year as Michael Shields retires.
Topaz swoops for Siem ship Dubai-based owner buys multi-purpose support vessel from Norway's Siem Offshore.
Daewoo books more tanker tonnage Odfjell and NCC order chemical double at Korean yard, with two options attached.
Seized crew freed off Nigeria Reports persist of one dead seaman as 15 crew seized from three ships off West Africa are freed.
Maersk Responder master missing Major rescue operation was launched off Korea after 38-year-old thought to have fallen from cable-layer.
STX Europe plans $570m IPO Europe's largest shipbuilder will list in Singapore during the next couple of months, officials say.
TMT VLCC sent for demo Taiwanese shipowner offloads tanker bought from Ship Finance reportedly heading for Pakistan.
PIL in China grounding Extent of damage unknown after Singapore liner operator says containership touches bottom.
Japan enjoys order boost JSEA member yards have seen export newbuilding orders double on year-on-year in tonnage terms.
Energy Searcher returns John Fredriksen-backed driller Northern Offshore says drillship damaged in May is back off Vietnam.
NOL gets downgraded Phillip Capital concerned that the Euro zone crisis will cast a dark cloud over shipping's recovery.
Odfjell orders newbuildings Odfjell has signed an agreement with Daewoo Shipbuilding & Marine Engineering Co., Ltd to build a 75,000 DWT chemical tanker for delivery in the first half of 2013 at a total
Prices still falling Rotterdam market 'very quiet'.
Fujairah prices rebound NYMEX showing further losses in early trading.
Bunker spill captain appears in court Shipping company promises 'vigorous' defence of itself and its master.
Circular highlights MARPOL Annex VI changes Adoption of IMO rules into Norwegian law shows changes that have taken effect and difference with EU regulations.
Singapore fuel oil market set to tighten Yanbu cargo likely to head east.
Bunker prices still softening as new week begins Singapore's 380 cSt grade down for the fifth consecutive day; other ports take cue.
WFS completes acquisition Acquisition expands its position in the land-based fuel market, says CEO.
Laser-based emissions monitoring system to debut in September Emsys provides real-time alarms for all monitored emissions based upon the applicable limit and geographical position.
Sinopec Fuel Oil eyes August launch Set to start bunker operations at the Chinese ports of Nantong, Jiangyin, Guangzhou and Shenzhen, says company source.
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