Thessaloniki Port looks to Balkan neighbours to boost volume Thessaloniki Port Authority SA, the operator of Greece's second-biggest port, is looking north to Balkan neighbours Bulgaria, Serbia and the former Yugoslav republic of Macedonia to boost cargo volume and revenue.
Safmarine gets closer to Indian Subcontinent customers by inaugurating new ISC region The liner shipping company Safmarine Container Lines is forming a new region in its global organisation to further enhance the difference being made by "Safmariners"...
Russian Railways marks seventh anniversary Russian Railways was founded under the Russian Government's resolution No. 585 on 18 September 2003, in line with the country's railway structural reform programme. The Russian gov...
Zodiac order signals sharp fall in newbuild box prices Order for 13,000 teu ships at $125m per ship marks a 25% drop from highest prices paid during market peak
Seaspan set for newbuilding spree if price is right
Evergreen and STX talks collapse
Design for boxship improvements
Boxship charter rates set to plunge 20% by year-end Expected drop is a result of easing demand in the main east-west liner trades
Boxship owners eye bridge funds
Greek-led resentment brews over RightShip's market 'might' Dry bulk owner accuses vetting organisation of 'bullying' market into adhering to its...
Volatility is a sure bet in 'world's biggest...
Container freight rates to fall 15% on Asia-Europe RS Platou says seasonal decline reflects the sector returning to normal after crash
Marseilles strike spreads REFINERY workers today joined the wave of industrial action affecting the port of Marseilles, France's principal oil port
MarAd issues pirate warning US VESSELS operators should be on guard for a possible increase in pirate attacks in the Gulf of Aden as monsoon season ends, government officials have warned
EC outlines Pakistan trade plan IMPORT duty exemptions planned by the European Union should yield €100M ($139M) in additional annual revenues for Pakistan's economy, the EC said today Full Story
Pipavav drops as lock-in ends PIPAVAV Shipyard's share price has fallen from a 52-week high of 120 rupees ($2.70) on 30 August to close at 83.40 rupees on the Bombay Stock Exchange today
Capesize rates surge CHARTER rates for iron-ore hauling Capesize vessels have surged 20% since the start of the week following a sharp increase in demand for the commodity in Asia
Seafarer killed on bulker THE UK'S Marine Investigation Branch told Fairplay today that it is investigating the death of a seafarer on a bulker at Red Lion Wharf near Gravesend in Kent
Baltic awaits screen approval THE BALTIC Exchange expects to receive regulatory clearance for its central screen system for trading freight derivatives by the end of the year
Navios plots public jackpot Fleet expansion may be in the cards as New York-listed bulker player prepares to slap 5.5 million shares on the table.
Pirates target Bonny Island Nigerian militants may have abandoned political agendas but greed continues to fuel piracy attacks, report claims.
Mystic sinks as crew cries 'mayday' USCG plucks crew of ten and their canine companion from lifeboats as capsized cargoship slips into the Atlantic.
Greeks not getting their feet wet Greek buyers shy away from tanker purchases as containership interest persists.
Polarcus sizes up South America Middle Eastern seismic player on the fringe of sending survey ship to warmer waters as it chases 3D data deal.
Crewman killed on bulker Filipino man dragged to his death in unloading machinery on HJH ship on the Thames.
Shanghai: the next IPO hot spot? Lujiazui, not Wall Street, could host the next wave of Greek Shipping IPOs, broker says.
Pirates: 'Iceberg 1 crew will die' Gruesome attempt by captors of Iceberg 1 to force ransom demands sees threat of organ harvesting.
Yangzijiang bags $122.5m Chinese shipbuilder reveals scale of groundbreaking Taiwan listing last month.
JR Shipping crisis "over" Struggling Dutch feedership specialist strikes deal with lenders to secure future.
Nanaimo eyes BC windfall Canadian shipyard hoping to win slice of CAD 20m ferry upgrade programme.
Strike spurs suezmax spike French port protests lead to surge in suezmax earnings but VLCC period rates are being squeezed, analysts say.
Gard to fight Rita row in London Glacier fails to persuade appeal court that reinsurance dispute over Gulf of Mexico offshore losses should go to trial in Switzerland.
K Line rides to the rescue Kenichi Kuroya-led Japanese owner takes in chartered newbuildings to save compatriots from lending squeeze.
Charterers are the underlying risk Relations between owners and charterers has yet to fully recover following credit crunch cuts to contracts, says George Gourdomichalis.
Time for 'honorable discussions' It is time for fences to be mended between owners and charterers, Abhijit Chaudhury says.
Samsung clinches two more deals Korean shipbuilder reaches $8bn order target with $800m contracts for FSO and wind-turbine vessel.
Are banks ready to pull plug? Owners who run out of cash will not get any favours from their lenders, Deutsche Shiffsbank's Angelos Roupas explains.
Problem sculpture gets the chop Puerto Rico's port of San Juan demolishes steel artwork because it stopped big cruiseships docking.
Sterling angers "smelly" drivers Cruiseship lord asks UK port to keep his passengers away from truckers with BO and "semi-lager lout" ferry users.
Color Viking to the rescue Norwegian ferry picks up two feeezing fishermen after boat sinks off Stromstad.
Navios jacks up notes offer New York-listed Navios Maritime Acquisition chasing $400m from notes issue after adding an extra $25m onto the target.
Tidewater pens PSV quartet Dean Taylor-led offshore owner inks $100m newbuilding deal with Drydocks World.
Six lost in Malaysia smash Eleven other fishermen rescued after boat collides with ship in Malacca Strait before dawn.
Listing cargoship anchored safely Australian rescue teams stabilise Taiwan's Mimasaka after cargo shifted in heavy seas.
SKIL readies new port project Nikhil Gandhi-led group raises £76m in London listing to develop new Indian terminal.
ABS in China shake up US classification society creates fifth operating division focusing on China, Hong Kong and Taiwan.
Swiber set to issue bonds Singapore offshore vessel operator set to raise around $60m from bond issue to fund growth.
Teekay takes LNG stakes Canadian shipowner's LNG spin-off has picked up 50% holdings in two Exmar-owned gas carriers.
DNV investigates the Deepwater Horizon blowout preventer DNV has been contracted to carry out the forensic investigation on the Deepwater Horizon blowout preventer (BOP) and the lower marine riser package that was fitted to the Macondo well
Russia warns for attacks on oil transports Russia's national security council warns that militant organisations are planning attacks on the oil industry's infrastructure for maritime transports. Areas of priority are the Strait of Gibraltar, Hormuz, Bab al
Bunker numbers climb Double-digit gains at several ports.
Small gains in Fujairah High demand has caused barge schedules to be pushed forward in Fujairah.
US bunker firm opens office in Switzerland Expansion will allow Merlin to service its European and Asian customer base.
Hedging firm more bullish on oil price outlook Forecast revised up, hedging possible at 'attractive levels' for oil consumers.
Ongoing concern about limit on toxic gas in bunkers ISO faces further questions at the IMO about H2S limit adopted in revised marine fuel standard.
Singapore fuel oil and distillate stocks both down Sharp rise in fuel oil imports expected during October, strike at French port reducing distillate supply.
Modest gains in bunker prices Mixed demand at key Asian bunker hubs, according to traders.
Wärtsilä, Ecospec in partnership for 'clean power solutions' Wärtsilä to integrate Ecospec's CSNOx system into its various engine applications.
Panama bunker terminal to complete expansion by 2012 Expansion will double storage capacity and increase barge loading capacity.
Tight bunker supplies 'easing' in Busan Avails improving as refiners cut export volumes, traders say.
US sues engine manufacturer and shipbuilder For violation of Clean Air Act and marine diesel engine regulations under Environmental Protection Agency.
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