Boost for sea storage of jet fuel as ash disrupts flights Oil tankers could be used to hold stocks of jet fuel at sea as the volcanic ash cloud has cut airline demand and grounded around 70 per cent of European flights.
Uphill battle to recover hijacked tugboat THE Singapore based-operators of the hijacked tugboat, Asta, face an uphill battle to recover the vessel from the Philippines.
Fewer pirate attacks in Q1, says maritime watchdog The number of pirate attacks around the world fell in the first three months of 2010, although the risk off the Somali coast remained high, said a maritime watchdog.
Davies Turner with new partner in India Davies Turner & Co Ltd, a UK-based multimodal service provider, has appointed PL Shipping & Logistics (PLSLL) as its partner for oceanfreight services between the UK and In...
Ceva Logistics partner of Interspor in Turkey Logistics and supply chain management specialist Ceva Logistics has signed a five-year agreement worth EUR 1.5 million per year to provide distribution and home delivery services i...
Raben Logistics Germany receives AEO certificate Raben Logistics Germany GmbH was recognised as an authorised economic operator (AEO) at all its locations, with effect from 9 April. The extensive standards that are required ...
Flights resume again for the time being - despite volcanic ash The EU transport ministers held a video conference on Monday evening (19 April) and agreed to gradually reopen the airspace over Europe after it had been almost fully closed for fi...
Boeing B747-8F begins flight-test operations in California Far from the volcanic ashes, the second Boeing B747-8 freighter (RC521) landed in Palmdale CA (USA) on 19 April, marking the beginning of a planned transition of B747-8 freighter t...
"Cautious" recovery of the container sector expected According to Drewry Shipping Consultants' latest Container Forecaster a market 'recovery' is underway, but Drewry cautions that close monitoring of key market drivers is essential ...
Workers sought in rig blast COAST Guard helicopters, planes and cutters were searching today for up to a dozen workers missing after an oil rig explosion in the Gulf of Mexico
US and Brazil near trade deal US-BRAZIL talks over cotton subsidies have resulted in US shipping companies temporarily avoiding more than $800M in trade sanctions, IHS Global Insight reported today
10% ferry pax rise backed P&I CLUBS have no reservations against UK's decision to suspend SOLAS rules to enable UK-flag ferries to exceed passenger limits by 10% to get British travellers home
Pirates take bulker off Oman PIRATES hijacked the Greek bulker VOC Daisy this morning in the Gulf of Aden, EU NAVFOR reported
Union says strike halts tankers THE UNION behind a strike by Galp refinery workers in Portugal told Fairplay today that the action has paralysed tanker unloadings at Leixoes
Cocaine found at Latvian port A COCAINE haul worth about $26.5M has been discovered on a ship at the Latvian port of Riga, police said today
Safety freezes Red Sea ships SEVERAL Red Sea vessels have reportedly been taken out of service because of safety concerns
'Blowout' linked to blast Transocean says a 'blowout' may have caused an explosion that has left eleven people missing in the US Gulf following drill rig disaster.
Opco kicks off Crude coverage Analyst at Oppenheimer and Co consummates coverage of Evangelos Marinakis-led Crude Carriers Corp with coveted rating.
Bender assets hit auction block Ohio auction house prepares for sale of bankrupt Bender Shipbuilding's Alabama yard assets.
Saga sets sights on $120m Book opens on VLCC specialist's private placement ahead of Oslo Axess debut for Arne Blystad-led firm.
Explosion rocks the US Gulf Transocean drill rig still ablaze as USCG launches search for missing mariners following a massive explosion off the Gulf Coast.
Landmark exit for Lloyd Fonds KG house sheds its entire 18-ship newbuilding orderbook to banks as liabilities of $308m are waived.
Pacific Basin bullish on bulkers Hong Kong owner says handysize and handymax rates up 20% and 17% so far this year.
Fuel fails to burn CSDC Hong Kong-based bulker owner sees profit soar on economic recovery despite soaring bunker costs.
Nordic readies pool debut Tommy Thomsen's Nordic Tankers teams up with Womar as it looks to make a splash in chemical tanker market.
Diana scores $17m charter deal Simeon Palios-led shipowner seals two-year time charter contract with Daelim Corp for a panamax bulker.
Greek bulker hijacked Crew ordered to give themselves up after briefly hiding onboard bulker taken by pirates in Gulf of Aden.
Crude awakening for ACM Johnny Plumbe-led shipbroker points to strong Asian crude demand and more ship sales as reasons for cheer.
Red Sea states get tough Passenger traffic disrupted between Egypt, Sudan and Saudi Arabia as vessels fail safety checks.
Solvang sheds last oldie Inge Steensland-led shipowner scraps 1978-built LPG carrier for small profit.
Carnival in Victoria victory Compensation for $91,000 cruise that wasn't all it was cracked up to be slashed by appeal court.
MMM whacked with another suit Ramesh Rajaratnam is after $1.7m from beleaguered shipowner in latest legal clash between the pair.
Lone boxship held in Canada Costamare's MSC Sicily detained in Montreal over ISM and Solas deficiencies.
PPL bid gets thumbs down Yangzijiang said to be paying over the odds for PPL stake given prospect of weaker jack-up market.
Somalis rule piracy waves Over half of worldwide attacks occur off Africa's east coast while Indonesia sees huge piracy spike.
Hamnavoe heads for Norway Scottish ferry leaves normal route to bring back hundreds of passengers stranded by ash cloud.
Tug taken off Malaysia A second tug and barge have gone missing, believed hijacked, off the southern tip of Malaysia.
DryShips in notes offering George Economou's US-listed dry bulk outfit looks to raise $150m from convertible notes issue.
Kawasaki issues profit warning Shipbuilder Kawasaki Heavy Industries will sink to full-year loss due to difficulties at US subsidiary and hefty impairments.
Female first for P&O Cruises UK owner appoints Sarah Breton as its first woman cruiseship captain in 173-year history.
Hamburg Sud posts 2009 loss German container line could not produce profit despite positive contribution from tramp fleet.
Vitol inks jet fuel storage deal Swiss trader parks Byzantine Maritime products carrier as demand is slashed by airports shutdown.
Somali pirates hijack bulk carrier The Liberian owned Voc Daisy has been hijacked in the Gulf of Aden, 190 nautical miles East South East of Salalah, Oman. The vessel was heading west from Ruwais, U.A.E
Ven-Trafiken cancels Spanish contract Ven-Trafiken AB, Landskrona, has cancelled a newbuilding contract with a shipyard at Vigo, Spain. Ven-Trafiken is now searching for a new shipyard to build a double-ended ferry
Danish Pilot Service slams down on unfair competition The Danish Pilot Service A/S, the first private pilot company in Denmark, has filed a complaint to the Danish Competition Authorities (Konkurrencestyrelsen) regarding unfair competition from the government owned
Cruise line assists stranded travellers Celebrity Cruises has cancelled the first leg of the launch celebrations of their new cruise vessel Celebrity Eclipse scheduled to begin on April 22. Instead the company assists UK travellers
Somali pirates hunt further east Somali pirate attacks are closing in on the south and west coast of India warns IMB, the International Maritime Bureau. 'Recent attacks (have) indicated that pirates are moving closer towards
Crude turns bearish again on stockpile data Markets bullish early, but numbers again bring surprises.
CSDC sees surge in Q1 profit But Chinese ship operator says bunker costs have risen by 56%.
Rotterdam prices firm NYMEX showing losses in early trading.
Strong gains in Middle East hub NYMEX showing losses in early trading.
Bunker suppliers pursue AHL through US courts Reports say tanker owner owes over $1.5 million in unpaid fuel bills.
IBIA appoints new event manager Charlotte Egan wants to raise IBIA's profile.
Lower sulphur limit expected to cause market disruption, volatility ECA cost and oil prices 'pose a great threat to budget, cost and operational stability of vessel operators' says GRM.
Key ports see rise in prices Buyers sidelined by higher bunker prices on Wednesday.
Taiwanese port sees no supply of 380 cSt in 'near future' Supplies of 180 cSt and MGO not affected in Taichung.
ExxonMobil sells fuel oil cargo for end-April 90,000 tonnes of high-viscosity parcel to be lifted from Saudi port.
Dan-Bunkering recruits new staff in Singapore
Titan terminates 'critical' note exchange offer Minimum tender condition not met, but may launch a new exchange offer.
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