Drydocks bags over US$200m in new orders Drydocks World South-east Asia (DDWSEA) started the year on a strong note, closing the first quarter with more than US$200 million of new orders.
Stranded vessel to have oil drained Australia may expand the tracking of vessels beyond the northern parts of the Great Barrier Reef, Prime Minister Kevin Rudd said, as a salvage crew prepares to drain oil from a Chinese coal vessel stranded in the marine park.
Legal limbo worsening Somalia piracy: Russia Piracy off the coast of Somalia is getting worse, partly due to the legal limbo that has led some countries to release captured suspects, Russia's UN envoy said on Tuesday.
Momentum Logistics joins Atlas network Momentum Logistics, a subsidiary of the international port management company, Gulftainer, has announced that its Kurdistan-based office ' MTLS ' has joined the international ...
Gefco wins contract with Renault in Morocco Gefco Morocco, part of the French logistics group Gefco, has a contract to distribute 15,000 Renault vehicles in Morocco this year. Consequently, the automotive centre that opened ...
Air Moldova launches Chisinau-Kiev service Air Moldova, based in the East European Republic of Moldova, will introduce a thrice-weekly connection between Chisinau (Moldova) and Kiev (Ukraine) on 16 May. Air Moldov...
Aeroflot starts providing mail service from France The Russian airline Aeroflot has begun providing mail service from France for the first time in the history of Russian civil aviation. The carrier delivers mail by scheduled servic...
Hay Point partly reopened HAY POINT Coal Terminal resumed limited operations today after repair of damage from last month's Tropical Cyclone Ului
Ukraine comes to ro-ro's aid THE CYPRUS-flagged ro-ro vessel Atlantic Project today set sail for the United Arab Emirates after being stranded off India for several days due to a business dispute
Europe's cargo index surging CARGO traffic across all transport modes in Europe is surging with business confidence among freight forwarders reaching an all-time high, according to a key index
Pipavav yard to raise $70M INDIA'S Pipavav Shipyard has announced that it had decided to go ahead with a plan to raise $70M to finance acquisitions in Europe
Brazil-US trade dispute settled US SHIPPERS have received a reprieve from more than $800M worth of trade sanctions by Brazil after a dispute over US cotton programmes was settled
Diana box fund shrinks BULK OWNER Diana Shipping confirmed today that it has finalised its $50M investment in a distressed container asset acquisition fund ' but the terms have dramatically changed
OSX shipyard under siege Eike Batista's joint venture with Hyundai Heavy Industries braces for second attack led by Brazilian environmental advocacy groups.
Danaos suffers Lazard downgrade Analyst chops rating for John Coustas-led boxship outfit as debt questions loom over 26 newbuilds due for delivery.
Ship loans: out of syndication Bank loans stay at record lows, but new money creeps up to five-quarter high.
Chouest chases NBA 'hoop dream' Offshore owner may swarm at chance to up stake in bayou-based basketball franchise the New Orleans Hornets.
Iron dispute sparks dry dilemma Bulker rates buckle as Chinese steel groups demand domestic boycott of Australian and Brazilian iron ore imports.
Turkish ship Yasin C seized Somali pirates hijack Bergen Shipping-owned handysize Yasin C with 25 crew off Kenya.
Diana's box plan shrinks Simeon Palios-led Greek's $50m investment now represents nearly two-thirds of containership project.
Six missing in Greek smash Search off China for fishermen overboard boat allegedly bashed by Greek-owned bulker.
Float worth $150m for Scorpio Emanuele Lauro-led tanker owner closes IPO having matched its original target.
Long run for Simon Mokster PSV New Simon Mokster PSV lands $8.5m a year charter with Marathon Norway.
Stolt tops bets in first quarter Norwegian shipowner smashes analysts' forecasts despite losses from its fledgling VLGC fleet.
Greens grumble at Batista's yard Federal institute flags up environmental concerns regarding OSX yard in Santa Catarina.
Divi hope spurs Frontline hike First Securities ups tanker giant to strong buy amid expectations of an extraordinary payout and strong first quarter.
Drydocks World spies recovery Shipbuilder in upbeat mood after $200m order surge in the first quarter.
Malm Justad takes chair American Shipping elects Eitzen Maritime Services chief Annette Malm Justad as chairman.
Tanker Pacific pens suezmaxes Hanjin Heavy's Philippines facility to delivery quartet of tankers to Singapore owner by 2012.
Shen Neng 1 oil off in days Fuel will be removed from a battered Cosco bulker aground on the Great Barrier Reef within two days, authorities say.
Another cape for Star Bulk Akis Tsirigakis-led Greek signs up for another large bulker at Hanjin Heavy's Subic Bay.
UACC creeps into the black Dubai tanker owner manages to post a profit despite most "challenging conditions in recent memory"
Magnificent seven for Dockwise Heavy-lift owner reveals string of short-term contracts worth up to $40m.
DP World wins Dakar funds African Development Bank agrees loan for Dubai terminal operator to upgrade Senegal port.
ST Marine scoops upgrades Singapore shipyard group wins nearly $40m worth of upgrading and modification contracts.
Svitzer Scandinavia sells one and charters two Svitzer Scandinavia has sold its Danish tug Svitzer Menja to Svitzer Australia and replaced it with two units on bareboat charters from Nordane Shipping, Svendborg. The Svitzer Menja is currently
Danish owner fined for New Zealand oil spill Danish Dania Spring ApS, the owner of the multipurpose container carrier Thor Spring, has been fined USD 19,648 for an oil spill in November 2008. The oil spill took place
Cosco bulker grounded at the Great Barrier Reef Last Saturday, the Chinese bulk carrier Shen Neng I, 70,000 DWT, grounded at the Great Barrier Reef off the Australian coast. According to Australian media, the ship was sailing at
Market analysis: Q1 2010 sees mostly stable prices Bunkers trading in a narrow range relative to 2009.
Stockpile report ends oil's bull run Market reacting to another build in product inventories.
Clause 5 of revised ISO 8217 'has no teeth' Viswa Lab says changes to contamination clause are for the worse and in conflict with regulation 18 of MARPOL Annex VI.
Rotterdam, Hamburg prices lack direction But bunker prices in South Europe show strong gains.
The crude bulls are in control Bunker fuel consumers may wish to take advantage of relatively weak fuel oil cracks.
Distillate prices show strong gains NYMEX showing losses in early trading.
New barge for Arkas The double-hull Ulucak is sister ship to the Urla 1.
Gladstone bunker tanker deployed to Shen Neng 1 Australian official says 'one of the most delicate operations in recent marine history' is about to get underway.
Shipping lines mulling port relocation over bunkering fee Opposition remains strong to planned fee on ancillary services at Manila North Harbor.
Prices mostly reverse bullish trend Bunker demand in Singapore and Hong Kong described as mixed.
'No delays' to Singapore underground oil storage project, JTC says Spokesperson says sources for earlier article factually inaccurate.
Consolidation reaches Wilhelmsen's UK operations Bunker brokers now based in same office as ship agency.
Addax Oryx joins Sealub Alliance Gulf Oil Marine inks new partnership for the production and distribution of marine lubricants.
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