Gazprom eyes S'pore shipping unit Russia's Gazprom plans to set up a shipping unit in Singapore and sees opportunities in expanding the trade of other energy products in the Asia-Pacific region.
BP faces greater pressure to control oil slick Oil giant BP faced mounting pressure yesterday to get control of a massive oil slick after the US government threatened to take over the response to the month-old environmental disaster.
Beijing picks eight private firms for state oil reserve China has selected eight private companies running a total of 22 million barrels of tankage space to participate in the expansion of the country's state petroleum reserves, the head of a private oil association said yesterday.
S Africa strike partly settled OPERATIONS reportedly restarted today at some strike-affected South African ports after one of the two unions involved accepted a new pay offer
US fines Turkish operator TURKISH operator Aksay Shipping has been fined $725,000 for violating US pollution laws in Florida
Ships sidestep Gulf oil spill SHIPS are changing their routes to avoid oil near the port of New Orleans, but no services have been delayed or cancelled so far, Fairplay was told today
Checks fatten letters to Manila FILIPINO seafarers reportedly sent home up to $888M in 2010's first quarter, demonstrating their sheer numbers on foreign-owned ships
US arrest spree continues THE US government has arrested the two former Hawaii Superferry vessels, seeking sales proceeds to offset mounting loan-guarantee losses
China/Taiwan trade soars TRADE between China and Taiwan jumped by 68% year on year in the first four months of 2010, IHS Global Insight reported today
Single-hulls fading fast TWO-THIRDS of single-hull VLCCs still in service at the beginning of last year have now been scrapped and most holdouts are likely to follow, McQuilling Services reported
Voters toss Navios tanker dream Nightmare grips Navios Acquisition Corp as shareholders squash proposed 13-ship spending spree during preliminary vote.
Horizon hero mulls PSV menu Captain called Deepwater Horizon hero recalls massive 'chow down' with survivors onboard Tidewater ship.
Blue Marine hunts QV Trading Court battle brewing as Mexican shipping cartel demands US oil outfit shell out $4.6m for failed fixture.
Spill aids aframax surge Deepwater Horizon disaster has contributed to a near 40% jump in spot rates over the past week, analyst says.
Analyst doubles dividend view Lucrative storage contracts and funding for newbuildings lead JP Morgan to hike its estimates for Frontline.
Frank bags $1.7m from sale Carnival Corp vice chairman and COO sheds 50,000 shares in the shipowner.
London Club rings up $26m Free reserve increases to $141m as investment return compensates for continuing underwriting loss.
Pirates change ship name Hijacked ro-ro Iceberg 1 pops up on US Navy's radar off Hafun islands under assumed identify.
SCI sheds single-skin tanker Sabyasachi Hajara-led firm offloads 1985-built unit for an undisclosed sum.
Croatian yards attract four bids Only three of six shipyards up for sale receive offers in government's second privatisation attempt.
Turkish ferry joins Freedom Flotilla Mavi Marmara joins group of vessels bringing supplies into Gaza to test Israel's blockade.
LNG carrier safety probe Australia to probe "serious incident" that led to injuries to three crew members of British Sapphire.
Ofer tied to tanker buy Singapore's Tanker Pacific fingered as the buyer of $24.7m vessel from Iino of Japan.
Marine Atlantic takes two Canadian owner charters modern Stena ro-paxes to replace its own ageing ships.
Philippines ship runs aground Thirteen crew evacuated from small cargoship after storm causes it to drag anchor off Basco.
Three dead after Japanese crash Crewmen die during failed escape from their grounded vessel. A search for the master continues.
MOL and Fesco double up Japanese and Russian container line partners switch Trans Siberian service to weekly calls from twice weekly.
Great Eastern profit heads south Indian tanker and bulker owner's annual earnings slashed as revenues take a hit.
STX Pan Ocean pens China pair South Korean owner swells Chinese orderbook with addition of a capesize and a panamax newbuilding.
Costs help turn Shreyas red A spiralling fuel bill and its failure to repeat currency gains send Indian owner to a loss in the fourth quarter.
Crew injured in tanker fire Thirteen men hospitalised after blaze on Onarfjell off Norway on Monday morning.
Ship sinks off Socotra UK warship rescues 23 crew from ro-ro Dubai Moon which later sinks in cyclone off Yemeni island.
CNC multipurpose grounds in US Pacific Flores gets stuck in Columbia River due to steering problem.
Reborn Eimskip returns to profit Slimmer restructured Icelandic container line posts modest gain in first quarter as it focuses on core shipping business.
MPI orders more wind ships Dutch owner Vroon's wind farm business returns to UK yard for support catamarans.
Storage surge spurs Frontline Tanker giant has up to 10 VLCCs on storage deals at strong rates as oil price "screams away" at a heavy contango.
Yangzijiang eyes Taiwan Chinese shipbuilder set to offer up to 100m new shares in an effort to broaden investor base.
Boskalis wins Polish port work Dutch dredging group to build turning basin and breakwater at new LNG terminal.
Detyens fined over waste handling US shipyard vows to improve waste management after failing to mark and store containers properly.
Berlian Laju profits drop Indonesian tanker owner sees first quarter results down over two thirds compared to a year ago.
Deutschland suffers fire Passengers and crew evacuated from Peter Deilmann cruiseship after machinery space fire off Norway.
Cruise vessel on fire in Norway The cruise vessel Deutschland suffered an engine room fire last Sunday. Over 360 passengers had to be evacuated from the 175 metre long vessel, built in 1998. According to unconfirmed
Transatlantic names Loke Viking The first of four ice-classed AHTS vessels built for Transatlantic at Astilleros Zamakona shipyard in Bilbao, Spain, was given the name Loke Viking on Friday last week. Transatlantic expects
Two Stena ferries shortened for Canada charter Stena Line's ropax ferries, the Stena Trader and the Stena Traveller, built in 2006 and 2007, will be leaving their current service between Holland and England for a long-term
Firm prices in South Europe Most North European markets closed for Whit Monday.
Sustainable Shipping announces shortlisted nominees Awards in London next month will celebrate efforts made to reduce shipping's carbon footprint.
Fujairah prices still falling Meanwhile, NYMEX showing slight gains in early trading on Tuesday.
Anglo French shipping law firm launched in Paris Lewis & Co has five lawyers with maritime and shipping experience.
O.W. Bunker's Swedish operation ready for ECA change Has 'healthy stocks' of fuel oil meeting 1.00% sulphur limit.
O.W. Bunker consolidates Swedish operations Stockholm office merged to from 'one main location in Gothenburg'.
Andatee acquires 52% stake in 'important' Chinese bunker supplier Expects marine fuel sales in Shandong province to more than quadruple following the acquisition.
Portable oil spill recovery vessel developed Vessel specialised in cleaning up oil spills along the coasts and in shallow areas fits into 20-foot container.
Singapore IFO prices stable Supplies for bunker material tight at all major Asian ports on Monday.
MRPL sells 380 cSt cargo at narrowing discount More competition seen for the July-loading parcel, traders say.
Researchers defend inclusion of bunker fuel emission in study Study ranks Singapore as 'top environmental offender'.
Titan secures new equity investor Raises $47.4 million to fund a new note exchange offer.
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