Full steam ahead for S'pore SINGAPORE has had tremendous success in establishing a strong and dynamic maritime cluster covering all commercial, financial, operational and service aspects related to the maritime industry.
Terrorist attack caused damage to Japan tanker Investigators in the United Arab Emirates said on Friday that a terrorist attack caused the mysterious damage to a Japanese oil tanker last week as it passed through the Strait of Hormuz, raising fears of future attacks in the narrow channel that serves as a passageway for shipping crude oil from the Middle East to the rest of the world.
India's busiest port closed, containers float in sea after collision Jawaharlal Nehru Port, India's busiest container harbour, was closed yesterday morning as hundreds of containers floated in the sea following a collision between two vessels on Saturday.
DB Schenker Logistics to construct new terminal at Klagenfurt airport The German service provider DB Schenker Logistics is investing in a new, ultra-modern logistics terminal on a 30,500 sqm plot of land at Klagenfurt airport (Austria). The new term...
DHL obtains TAPA certification at Cincinnati/Northern Kentucky airport DHL's principal US hub at the Cincinnati/Northern Kentucky (CVG) airport has been certified through the Transported Asset Protection Association (Tapa) programme. All of DHL Expres...
New certifications for Wim Bosman in France 3PL logistic provider Wim Bosman France was granted AEO certification (authorized economic operator) by the country's customs authority on 21 July. Wim Bosman France rece...
Economou to take 10% stake in Danaos Move part of equity-boosting process that will see Danaos boss John Coustas and family plough another $100m into boxship company
Danaos in moves to fend off cash crunch
Danaos to tap markets for $200m after lender reprieve
Greek owners start to regroup
CSL inks 10-bulker deal at Chengxi yard Group orders bulkers in deal reported to be worth more than $500m
Angelicoussis inks $480m order spree with...
Scrap sales recede after recent glut Squeeze on capacity looms as Pakistan gets set for Ramadan while China lags on prices...
Pakistan cashes in as scrapping rates firm
Expanding Navibulgar buys Eastwind handysize pair Newly privatised Bulgarian operator launches $260m fleet renewal and expansion with...
China's trade surplus grows CHINA announced today that it recorded its biggest trade surplus last month since January 2009, but export growth slowed in July compared with the previous month
Port rates rocket on grain ban GRAIN export rates have reportedly risen sharply at some of Russia's Black Sea ports as companies rush to sell produce before Moscow's export ban starts on 15 August
CPLP plots public offering Evangelos Marinakis-led products player may ask Wall Street to bankroll $44m tanker transaction.
Genco in second Wall Street beat Peter Georgiopoulos' Genco Shipping & Trading trumps earnings estimates as time charter strategy proves profitable in the second.
Profit plummets at Paragon Greek owner stung by bulker blues as rock-bottom rates slice second quarter result.
OSVs swarm Mumbai crash site Great Offshore teams with Dutch salvage outfit to battle Indian oil spill fuelled by ship collision.
Sinotrans sees profit slip Diversified drybulk strategy helps lift Hong Kong-listed owner in the first-half but result still falls short of payday logged in the previous period.
Subsea 7 secures $100m deal North Sea heats up as Kristian Siem-led owner scores second construction deal on the heels of fresh Apache pact.
George pops up at Danaos Greek magnate George Economou takes board seat after grabbing 10% slice of Danaos during major debt overhaul.
Pertamina befriends Pal Shipyard Indonesian owner awards five of six newbuilding contracts to local yards with PT Pal grabbing a duo.
Dynacom tanker attacked No arrests said to have been made by US Navy despite skiff being boarded in latest IRTC assault.
Seanergy slips into the red Boss Dale Ploughman predicts the dry-cargo market will take off again soon after watching Seanergy Maritime post a small loss in Q2.
New Torm tanker boss jets in Shell Aviation's Tina Revsbech takes Anders Engholm's seat at Danish owner with more appointments likely.
Russia ban to "prop up" BDI Analyst says Vladimir Putin's block on Russian grain exports will provide a helping hand for supramax owners.
Syria Star freedom was 'heaven sent' God and good luck conspired in miraculous release of hijacked ship after one day, owner says.
Handy help for J Lauritzen Torben Janholt-led shipowner has its handysize bulkers to thank for a surge in first-half operating profit.
MSC Chitra in heavy list off India Boxship damaged in smash with bulker Khalijia 3 off Mumbai listing badly but stable.
'Banks back to normal' Arne Blystad linked Songa Offshore plans to refinance debt as banking and bond markets 'return to normal state'.
STX wades in with Daehan bid Korean group moves for control of struggling compatriot as a site to build VLOCs.
Bourbon tips offshore rebound French owner predicts offshore charter market will firm up this year after income and utilisation suffer in the first half.
Syria Star free without ransom Ship hijacked on Thursday with 24 crew in IRTC set free by pirates apparently with no money changing hands.
Euronav loses $10m on VLCC sale Belgian owner confirms TI Creation leaving fleet with $10m capital loss to be booked.
Waves injure 23 off Taiwan Fast ferry Ocean Lala "unsuitable" for deep sea work after being caught in tropical storm.
Fredericia Skibsv'rft sells large floating dock to Turkey Fredericia Shipyard has sold its Panama floating dock to a Turkish buyer, which took over the dock in Fredericia at the weekend. Shortly afterwards, it was towed away by the
Cargo ship suddenly released ' no ransom payment On 6 August, the cargo vessel Syria Star requested medical assistance for two crew members who were injured when the vessel was hijacked in the Gulf of Aden the day
Weakening prices across the board Double digit losses in Gibraltar.
Fujairah prices show little movement Prices weaken in Suez.
Ban on grain exports to boost dry-bulk sector Analysts expect demand for dry bulk carriers to climb.
Pakistan: Fake Lubmarine sales warning Total's new Pakistan branch for lubricant sales says some local companies have been selling counterfeit products.
China's bunker market needs reform, says study Bunker sales to international shipping lag behind growth in container traffic, says Poten & Partners.
Fuel oil cracker starts partial production Saudi Arabia's Rabigh plant briefly offered 380 cSt fuel oil parcel.
Mostly softer IFO prices to start the week Demand for bunker fuel below average at major Asian ports.
Chemoil targeting Japanese clients No plans to be a physical supplier in Japan.
Bunker spill closes Indian port Collision ruptures fuel tanks, large oil slick around stricken container vessel.
MPA highlights environmental commitments Response to study which named Singapore as top environmental offender.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
