Baltic index falls for fourth session The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell for a fourth session on Friday although there were signs of firmer cargo business for larger capesize vessels.
Crude tanker market to stay turbulent: Maersk The crude oil tanker market will stay turbulent next year as fleet growth is expected to overshadow growing oil demand, Maersk Tankers chief operating officer said on Friday.
Icy Illinois River may halt grain barge traffic A blast of frigid weather descending on the US Midwest early this week will increase ice on the Illinois River and may shut the waterway completely to grain barge traffic north of Peoria by late this week, industry sources said last Friday.
Hapag-Lloyd orders four 13,200 teu boxships German line has ordered four 13,200 teu vessels from Hyundai Heavy Industries, and upgraded the size of another six vessels ordered in the beginning of 2008
Costamare takes boxship value case to Wall Street
Niche and regional players hold their own against the big guns
Boxship owners eye bridge funds
MSC slams Navfor for failing to assist its ship Naval forces failed to intervene when pirates attacked its boxship
When is a mercenary not a mercenary?
FMC findings get mixed response US shipper groups give feedback on probe into vessel capacity and equipment...
Antitrust debate goes on despite Oberstar...
Lloyd's List Greek shipping Awards 2010 Glittering awards night underlines Greek shipping's international scope
Hapag-Lloyd thinks big GERMAN container line Hapag-Lloyd today confirmed an order for 10 13,200teu container vessels at South Korea's Hyundai Heavy Industries
Baltic ice advancing COLDER weather than normal in Scandinavia is forming early ice in the northern Baltic, but the sea is still icing up slower than in the last early winter, a key weather agency has said
Sinking causes oil slick SPAIN is today trying to contain oil spilled in the sinking over the weekend of a general cargo ship off Galicia
SeaFrance wins new delay SEAFRANCE said today it has won another delay ' this one until 28 April ' to complete its recovery plan, with or without a buyer
BIMCO: US recovery seen needed for tankers THE OUTLOOK for the tanker market is unlikely to improve until US crude oil demand recovers, BIMCO said today
FMC approves Hainan's exemption in US REGULATORS in the US have granted Hainan Pan Ocean Shipping's request for exemption from rules requiring advance notice on price cuts
Canadian forestry exports move to Asia EXPORTS of Canadian forest products to China and Japan are on the rise and combined are approaching the levels of exports to the US
Chinese shipyard photo in the lead As deadline nears German fund manager is one of three leading contenders to be TradeWinds' Maritime Photographer of the Year.
Hapag bets on boxship biggies German liner giant says bigger is better as four 13,200-teu units are added to Hyundai Heavy Industries order.
CMES arm sheds lone bulker China Merchants Energy Shipping wing taps local buyers in $4m demolition deal, brokers say.
Norden tanker tally up to six Copenhagen-listed owner reveals itself as the buyer of a products tanker from the Zacchello Group.
Trico fire-sales under attack Creditors call bankrupt offshore owner's sales record 'dismal' as lawyers look to torpedo private PSV transactions.
Slow spur for Maersk VLs Slow steaming scheme will help keep Maersk Tankers' VLCC arm in the black next year, CEO says.
Utkilen cashes in chemical tanker Privately-held Norwegian owner seals $2.7m demolition deal as scrap yards race to score stainless steel, broker claims.
Odfjell targets terminal investor Norwegian tanker owner is singling out potential buyers for a chunk of its Dutch tank terminal to fund expansion.
USC eyes Lisin's shipyards Talks have begun on sale of tycoon's Russian plants to state holding company.
Second delay for OOIL quartet Equipment hold-ups and tactical reasons lead Hong Kong-listed line to push back the arrival of four newbuildings for a second time.
Fuel oil leaks from Greek ferry Ro-ro Aegean Star holed after slamming into harbour wall on island of Lesvos.
Greek suezmax escapes pirates Gregory Callimanopulos-owned tanker United Star attacked twice by pirates off Oman but evades hijacking.
Odfjell in Sevmash victory Russian court rules in favour of Norwegian owner over quashed tanker order at Sevmash shipyard.
Ships in smash off Denmark Water ingress on Chinese bulker after collision with Hartmann boxship in North Sea.
Earnings looking up for Yujin Singapore tanker owner expects to beat analysts' profit predictions in 2010.
Chang joins Bergen board Brian Chang parachuted in as a director of Oslo-listed shipbuilder by major shareholder Spring Capital.
Reefer comes loose in Russia Triton vessel breaks moorings and collides with two bulkers at Novorossiysk in Russia.
AtoB@C adds Bodewes bulker Swedish owner declares option for second newbuilding at Dutch shipyard.
CSAV places boxship order Chilean liner operator returns to Samsung Heavy Industries for more post-panamax tonnage.
Titan selling China yard Sale of Titan Quanzhou Shipyard to Grand China Logistics will help cut debt at Hong Kong oil trader.
Crew saved after cargoship sinks Eleven Ukrainians rescued following loss of Interglobal's BG Adriatic off Israel.
Not so brilliant for cruisers Passengers injured as Brilliance of the Seas battered by rough weather off Egypt.
Listing vessel to be towed Ignazio Messina's ro-ro Jolly Amaranto hit by storm off Egypt, with list said to be up to 40 degrees.
Sevan Marine issue on the money Oslo-listed FPSO owner hits its NOK 700m upper target in its latest trip to the bond market.
Black Sea service returns Wan Hai and Pacific International Lines are set to resume their Far East to Ukraine service.
North Spirit sinks off Spain Vessel whose master and engineer were seized in Cameroon earlier this year goes down in Bay of Biscay.
STX OSV wins PSV order Norwegian shipbuilder recently listed in Singapore takes order backlog to 50 ships with latest deal.
Cleantec under escort to Ålbæk bugt (update) The Chinese owned bulk carrier Cleantec, 33,344 DWT, is currently heading for Ålbæk Bugt under own power, but escorted by Danish response vessels. The vessel collided with the German-owned
Odfjell wins court battle The state commercial court in Russian Arkhangelsk has ruled in favour of Odfjell and approved the company's application concerning the "recognition and enforcement" of the arbitral award filed against the
One vessel seized, one released The Panama-flagged bulk carrier Renuar, 70,156 DWT, has been hijacked some 1,050 nautical miles east of Somali Eyl and 550 nautical miles from the Indian coast. "The attack was
Dane the first female captain at Cunard Cunard Line has appointed its first female captain on one of the company's cruise liners. The newly appointed captain is the Danish Inger Klein Olsen, 43. On December 1, she
Fujairah prices stable A local supplier offers prompt deliveries for main fuel oil products in Suez.
Rotterdam bunker market steady Gibraltar's fuel oil prices lost ground to compete with Piraeus, sources reported.
New tanker design capable of bunkering Delivery of the vessel is expected to take place in the the second quarter of 2011.
Fuel oil cargoes command 'high price' Shell to pay $1 premium against Singapore spot quotes.
Head of Maersk's tanker division backs slow steaming Some Maersk VLCCs have been steaming at speeds of less than 10 knots.
Bunker sector 'remains strong' Bunker tanker owner says competition is intensifying but that Singapore bunker market is growing.
Hong Kong, Busan MGO prices hit fresh highs Demand generally 'weak' at key Asian bunker ports, traders say.
Singapore November sales below monthly average Sales for the year to date, however, have surpassed total sales in 2009.
Passenger vessel leaks fuel after ramming harbour entrance Containment booms deployed in Greek port.
Sale of yard to 'significantly reduce' Titan's debt Selling equity stake in Titan Quanzhou and issuing 500 million of its shares to a Chinese transportation group.
Mumbai MGO prices surge on tight avails Local traders uncertain when supply squeeze will ease.
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