Swire Shipping to stand trial over oil spill A Hong Kong shipping company was yesterday ordered to stand trial over one of Australia's worst ever oil spills which blackened a string of popular tourist beaches last year.
Supertanker surplus shrinks, rental fall slows The supply of supertankers competing to haul 2 million barrel cargoes of Middle East crude oil has shrunk, and a more than two-week slide in rental income has slowed.
JFE unit rides on iron ore wave JFE Holdings Inc's shipbuilding unit, Japan's second-largest by output, is aiming to win orders for as many as five vessels, mostly to be used to carry iron ore, by October amid rising seaborne trade of the steelmaking material.
Yemen faces Al-Qaeda, pirate threats in vital strait
Sale of Tirrenia taking shape Mediterranea Holding di Navigazione is the only company to have submitted a purchase offer for Italy's state-owned shipping company Tirrenia di Navigazione SpA. The holding company...
JCL Logistics enters e-commerce market The Austrian logistics company JCL Logistics acquired a majority stake in the pan-European IT and customer service provider Nekom Informationstechnik GesmbH at the beginning of Jul...
Agility inaugurates logistics centre in Stuttgart The logistics corporation Agility recently held a ceremony to mark the opening of a new logistics centre in Korntal-M'nchingen, northwest of Stuttgart (Germany). The 9,000 sqm faci...
Geodis Wilson and Sivom expand in Africa Geodis and the Ivory Coast group Sivom have announced the creation of a joint entity, Movis International, to broaden their offering and strengthen their position across central an...
Saipem settles bribery suit Subsidiary of Italian offshore giant splashes $240m to squash US corruption charges.
JES bags bulker six-pack Baosteel firms up two handysize options as Jiangsu Eastern gets other kamsarmax and panamax orders.
Boskalis triumphs in class battle Dutch shipowner dodges class suspension and hangs on to Deepwater Horizon dredge deal.
Analyst: 'Go long on tankers' If you favour the long game now is the time to buy tanker stocks, says Oppenheimer as it tees off its coverage of Teekay Tankers.
Nigeria launches $100m ship fund Shipowners lodge applications for loans totalling $1bn as government seeks to boost domestic industry.
Nigerian pirate amnesty 'could fail' Militant groups in Nigeria could pose renewed threat to ships and crews if deal with government falters, report claims.
Horizon hammered by OSHA Chuck Raymond-led liner outfit facing Puerto Rican terminal trouble as whistleblower sparks safety probe.
K-Sea tug tied to duck disaster US Coast Guard plucks 35 from Philly waterway but two remain missing following 'duck boat' smash-up.
Boat capsizes after bulker clash Two crew rescued off Denmark as Seanergy ship and fishing vessel in collision.
Tug troupe frees bruised bulker Canadian cartel calls on tug team to tackle timely refloat as ship battles St Lawrence Seaway setback.
Pay rise for Diana bulker brace New York-listed owner sees panamax pair land new deals which will contribute nearly $2m extra in revenue during the next two years.
Arctia wins state aid EU clears government help to compensate new Finnish state icebreaking company for workers' accrued pensions.
Essar tax row rumbles on Claim dating back to 1990 forex loans for ship purchases goes back to Bombay high court.
Humpuss hunts newbuild loan Troubled Indonesian owner seeking $15m to beef up tug and barge fleet for coal transport.
Universal 'in order talks' Japanese shipbuilding stalwart discussing deals for large bulkers and tankers, report claims.
Vinashin boss faces 'punishment' Vietnamese shipbuilder's chairman to be "disciplined" by communist party for pushing group to brink of ruin.
Sevan secures $230m Oslo-listed offshore outfit finalises details of loan from ING Bank.
Caspian Shipping lines up orders Azeri state owner looking to new domestic shipyard to expand fleet.
Green Reefers taps investors Norwegian owner readies $25m share issue to boost finances, but stock price takes a hammering.
UK warns on reefer trailers Accident investigator MAIB says ro-ro owners should check electrical cables following Commodore Clipper fire.
Siem bags Brazilian funds Oslo-listed offshore owner collects $55m from shareholders to pay for South American newbuildings.
CSC Phoenix clinches chemicals Chinese owner wins long-term tanker transport deal with Hubei Yihua Group.
Coal imports surge China's imports of coal in the first five months of 2010 have jumped substantially on a year ago.
EOC seals double charter Singapore offshore player ties up Lewek Chancellor and Lewek Champion on short term projects.
Chilean storm grounds cargoship Crew evacuated as Cerro Alegre forced ashore at Valparaiso.
Colony chases CMA CGM dream California-based investment outfit battles for bite of container player's $1bn debt deal, report claims.
Scandinavian ferry is converted into floatel A former Scandinavian ferry is being converted into a floating offshore hotel vessel at Fredericia Skibsværft. The ferry is the Turkish Cesme, which was purchased by the Danish company C
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