Shipbuilder Vinashin faces debt deadline Vietnam's nearly-bankrupt shipbuilder Vinashin faced a debt payment deadline yesterday as wider economic fallout from the state-owned firm's crisis prompted speculation of a government bailout.
Hyundai Group's bid for builder crumbles Hyundai Group's bid to buy control of South Korea's largest builder has collapsed after it failed to allay concerns about how it would pay for the acquisition.
Daewoo shares rise to 2-year high Daewoo Shipbuilding & Marine Engineering Co rose to a two- year high in Seoul trading after a unit and partners got approval from Papua New Guinea to operate a floating liquefied natural gas (LNG) production unit off the country.
GenMar gloom deepens RATINGS agency Moody's graded down General Maritime's debt today, joining a growing chorus of concern on the Peter Georgiopoulos-chaired tanker major
Bangladesh shipbreaking order upheld BANGLADESH'S High Court has upheld its order barring ships from entering the country's scrapping yards until its previous verdicts on the breaking sector are implemented
Atlanska Plovidba to profit CROATIA'S Atlanska Plovidba shipping company has predicted profits of $11M for this year, in contrast with a deficit of $3.2M in 2009
EU renews rope duties THE EU decided today to renew its tariffs on synthetic-fibre ropes from India
China-Pakistan deal to boost shipping CHINA'S currency accord with Pakistan over the weekend will give shipping a shot in the arm, Pakistani maritime sources told Fairplay today
Hanoi warned on ports LESS CAN be more, a leading shipping academic has warned Vietnam's ports sector
Ultrapetrol plans sale of convertible bonds MIXED fleet operator Ultrapetrol today disclosed plans for a convertible bond offering to fund growth, possibly in its Brazilian offshore segment'
Transpetro revisits tanker tender Pricing and documentation drama sparks contract cancellations as Sergio Machado-led shipowner pursues new bids in products tanker tender.
Pirates hijack UAE bulker Handysize Orna taken by pirates north-east of Seychelles after failing to register with authorities.
Petrobras picks Ultrapetrol PSV Felipe Menendez leads South American owner as it puts finishing touches on Brazilian offshore contract worth $44m.
Attica boosts its bank balance Greek owner EUR 2.5m to the good following sale of 1970s built ferry.
Mednav logs panamax payday Greek shipowner cuts fleet in half following $7.8m scrap deal tied to 1983-built bulker, brokers say.
Capes still top of the tree Capesize bulkers still the industry's leading performer ahead of VLCCs, Clarksons says.
Cable: Canal deal 'a disaster' WikiLeaks revelation suggests Panamanian officials harbour fears over contractors in huge canal project.
Molaris tanker survives attack Pirate hijacking attempt on Stamatis Molaris-managed Doubtless "a close run thing".
Hoe Leong back on buying trail Singapore-listed company makes its second corporate play in three months to take a majority stake in Aries Offshore Singapore.
Gas spark for Daewoo stock Seoul-listed yard's share price sits at its highest point since Lehman Bros collapsed after Papua New Guinea backed a floating LNG project.
First pens second in China Qingdao Beihai grabs optional contract from Taiwan's First Steamship for second kamsarmax.
Ultrapetrol hunts Brazilian cash Nasdaq-listed shipowner readies potential $70m notes issue to fund South American PSV push.
HMM toys with share giveaway Korean shipowner to unwrap private placement but Hyundai Engineering kyboshes parent's purchase plan.
One injured on Carnival ship off US Coastguard helicopter scrambled to Holland America Line's Ryndam after passenger fall off Florida.
CSAV continues slide Chilean liner operator's rates per teu and container volumes head lower for second month in a row.
New boss at HSH Nordbank German shipping bank agrees deal for the departure of its chief executive and names his successor.
Piracy risk gets much costlier Increasing use of long range motherships by Somali pirates leads to a massive expansion of area where shipowners have to buy back war cover.
OOCL adds boxship pair Hong Kong liner operator has ordered a pair of 8,888-teu containerships at Hudong-Zhonghua.
New LNG powered PSV order by Eidesvik Eidesvik Offshore has placed an order with Kleven Verft for its fifth LNG powered Platform Supply Vessel. The vessel, a Wärtsilä's VS 489 Gas PSV design, and will be powered
DFDS terminates its ShortBridge service DFDS Seaways has decided to close down its ShortBridge service running from Massvlakte (Rotterdam) to Immingham. The service from Rotterdam will move to the Vlaardingen terminal, which became part of
Sick crew member evacuated from hijacked tanker A crew member suffering from severe stomach pains has been evacuated from the hijacked chemical and product tanker Hannibal II. 'The Tunisian master of the ship contacted the authorities on
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