Clean-up of S'pore Straits continues The clean-up of the oil spill in the Singapore Straits continued into yesterday afternoon with containment and clean-up efforts in the sea off Changi East continuing with 19 craft deployed as the slick spread further, according the Maritime and Port Authority of Singapore (MPA).
ASF: More needs to be done about piracy The Asian Shipowners' Forum (ASF) has called for a stop to piracy attacks.
S African exporters feel pinch of transport strike Shipping lines are charging South African exporters extra to handle containers as they start clearing a backlog from a two-week transport strike.
Agility Logistics certified AEO-F in Italy Agility Italy, a global integrated logistics service provider, has been certified as an Authorized Economic Operator (Full) (AEO-F). The accreditation of AEO-F status is ...
Barloworld Logistics bags deal with mall developer Barloworld Logistics Middle East & Asia recently closed a deal with the mall developer BLB Project/Hightower Properties to fulfil logistics requirements for two mall const...
Advance International Transport powers marine engine shipments Advance International Transport is nearing the mid-way point of a significant contract to move engines to power eight 56,000 dwt multipurpose ships being constructed in Bulgaria. T...
Volcano peters out, EU agrees on four-zone approach Iceland's Eyjafjallaj'kull volcano is apparently dormant again six weeks after its eruption, although geologists are not yet ready to give the all-clear. The closure of hundreds of...
Decided drop in revenue at BAWC British Airways World Cargo (BAWC) has reported commercial revenue (flown revenue plus fuel surcharges) of GBP 550.3 million for the full year beginning April 2009. This represents...
FAA proposes USD 1.55 million civil penalty against Federal Express The US Federal Aviation Administration (FAA) has proposed a USD 1.55 million civil penalty against Federal Express for allegedly failing to revise its Continuous Airworthiness Main...
Admiralty rig defence blasted CONGRESS and the White House have rebuked Transocean's move to use 160-year-old admiralty law in an effort to insulate itself from Deepwater Horizon damage claims
SeaFrance accounts examined SEAFRANCE told Fairplay today that a judicial investigation is under way to look into "irregularities" the ferry operator said it discovered in accounts aboard its ships
Ship held for spill cleaning A TANKER heading up the Mississippi River toward New Orleans has been delayed to allow its hull to be cleaned of oil from the Gulf of Mexico spill
OceanFreight taps founder FOUNDER Anthony Kandylidis will provide OceanFreight a $20M equity infusion, the bulker and tanker owner disclosed today
Crude drop for freight rates FREIGHT rates for crude oil tankers are continuing their slump, the Baltic Exchange said, with dropping oil prices undermining trading confidence
Virus forces 5,400 to flee A CRUISE ship arrived today in Lisbon after about 5,400 passengers and crew had been evacuated at Cadiz over a virus scare
Beluga bags victory in fixture fray Hamburg-based Beluga Chartering scores legal win as trader forks over funds to settle sugar spat.
Maersk's $800m APM deal stalled US port authority throws 20-year APM Terminals lease deal on ice for another month while lawyers examine the fine print.
OceanFreight patron injects $20m Founder and CEO Anthony Kandylidis helps bankroll shipowner's bulker buy months after forking over funds for three VLOCs.
Prosecutors storm HSH Nordbank Ship finance goliath shutters as authorities in Hamburg raid homes and office of executives fingered in fraud probe.
Oceanlink in financial crisis Investors and bondholders to be invited to participate in restructuring following failure of $40m deal to sell two anchor handlers.
Diana tops Wall Street bets New York-listed bulker owner beats forecasts despite profit dip in the first quarter.
RCCL struck by man overboard Clock is ticking as Coast Guard searches for a missing crew member that tumbled from the cruiseship Oasis of the Seas.
HSH looks to next year German shipping bank increases loss in first quarter, but is aiming for profit in 2011.
Golar dividend ready to return First quarter will be the last in which the shipowner does not pay out to shareholders, analysts say.
Drydocks World in non-compete clash Singapore shipyard tycoon Tan Boy Tee sued by Dubai based shiprepairer over investment in Otto Marine.
Hanjin axes boxship trio South Korean yard bins three newbuildings with Greece's Danaos Corp thought to be the mystery owner.
USC lays out shipyard plans Russian yard holding company outlines modernisation target to increase capacity utilisation.
Jinhui fears shock wave Seas could turn rough quickly for bulker players with new order rush raising fears of rainy days ahead.
BLT eyes rights issue Indonesian shipowner looks to raise funds to fuel fleet expansion and strengthen balance sheet.
Nordic Tankers in the red again Impairments and tricky markets send Danish owner to a loss in the first quarter.
NCSP clinches land-grab Russian Black Sea port leases new plots for planned $160m fuel oil terminal.
Mercator makes much less Indian tanker and bulker owner hit by lower revenue as annual profit slashed.
Metrostar sells to Genmar Peter Georgiopoulos and his General Maritime paying more than $600m for Greek owner's fleet of five VLCCs and two suezmaxes.
Greens protest hits PSV Arrests made as Greenpeace storms US-owned offshore unit in row over Shell's Arctic drilling plans.
Engine shutdown hits US ferry Alaska's Malaspina sent to repair yard after electrical problem caused power loss.
Jinhui sees profit decline But Oslo-listed bulker operator sees charter rates edge up from a year ago and costs go down.
Palmali cargoship grounds off Greece Turkish vessel suffered water ingress following incident off island of Lesvos.
Slick threatens Singapore Authorities in battle to stop crude coming ashore as AET tanker clean up gets into full swing.
Mosvold Supply turns to bonds Offshore owner looks to shareholders for $11m to meet newbuilding installment.
Omega tanker cleaned in US Gulf Products carriers becomes first big vessel to undergo cleaning after encountering oil from BP rig leak.
Navios tanker deal done New York-listed Navios Maritime Acquisition gets a green light for $460m swoop just hours after it looked to have flopped.
Greek faces 'magic pipe' fine Shipmanager Cooperative Success Maritime strikes plea deal with US authorities over Chem Faros saga.
Idle liner fleet hits new low The fleet of container carriers in lay-up has shrunk to 549,000 TEU, approximately a third of the laid-up fleet in the beginning av December last year, Paris-based
Ex Shell president wants supertankers to suck up oil spill A former Shell president wants super tankers to clean up the Mexican gulf oil spill. "Supertankers that come in empty, with the huge valves and huge pumps that they have
Ex-Fennia to be broken up after all Despite the new owner's assurances that the former Silja ferry Fennia would be employed in cargo traffic, she will apparently be scrapped. According to Finland's environmental administration, the vessel arrived
Erria sells two container ships The Danish owner Erria A/S has sold two 1,000 TEU container ships, the Karoline and the Filippa, to an undisclosed buyer. The company will now focus on the chemical
BP had warning signs before rig explosion According to a memo from U.S. congressional investigators, BP had several warning signs before the explosion on 20 April, which killed eleven workers and caused an oil disaster, Reuters reports
Vessels collide in the Malacca Strait The aframax tanker Bunga Kelana 3 and the bulker Waily collided 13 kilometres off Singapore in the Malacca Strait ' an estimated 2,500 tons of light crude oil spilled into the
EU helicopter wards off pirate attack A helicopter from the EU Navfor warship FS Niv'se was launched against a pirate skiff leading to the disruption of a pirate attack against the product tanker Nordneptun off Zanzibar
WFS closes Turkish office Local office was part of Tramp Oil & Marine network.
Firm prices in north Europe NYMEX showing gains of more than $2 in early trading.
Bunkerworld low sulphur fuel price coverage expanded Separate pricing for 1.50% and 1.00% sulphur LSFOs made available ahead of new lower ECA limit.
Oil climbs on stockpile report, optimism Overall crude levels up but traders still seeing bullish numbers.
Fujairah prices regain ground Good demand and avails in Durban.
NuStar Energy buys asphalt business for $44 million Gains three US Gulf terminals with 1.8 million barrels capacity for storage of crude oil, fuel oil, diesel and asphalt.
Prices in key ports buck trend in Singapore Avails for deliveries in May below average at key Asian ports.
Opet focuses on fuel oil trading in Singapore 'Immediatate concern' is to support the group's distribution network.
Exxon Mobil offers end-June fuel oil cargo The 90,000 mt high-viscosity parcel to be lifted from Exxon's JV refinery in Yanbu.
Brightoil extends oil deal Continuing transaction with Shenzhen Brightoil 'strengthens' Brightoil foothold in the global marine fuel industry.
Singapore: Oil spill clean-up underway Cargo transfer underway onboard stricken vessel, local authorities working with response craft to contain spill.
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