Somali pirates seize Thai bulk carrier Somali pirates on Saturday captured a Thai bulk carrier with its 27 crew members in the Arabian Sea, a maritime official said.
DryShips unveils tanker spree GEORGE Economou-led DryShips has revealed a sweeping shift in strategy through the purchase of a dozen tanker newbuilds for $770M
India boosts port safety INDIA'S government has decided to implement all recommendations from an inquiry into last July's chlorine gas leak at Mumbai port
Arctic Sea six plead guilty SIX MEN accused of hijacking general cargo ship Arctic Sea last year have admitted all, or part, of their involvement in the seizure
SITC orders more box ships CHINA'S SITC Shipping has commissioned an unnamed Japanese shipbuilder to build two container ships for a total of $39.6M, it announced today
PSA-Panama opens PSA-PANAMA International terminal has begun operations after the arrival of its first vessel
2010 and all that jazz The year began with shippers continuing to enjoy the upper hand on rate negotiations with ocean carriers, and ended 2010 much the same; but in the middle, the nigh-bankrupt liners of 2009 bounced back, snatching the all important supply demand initiative away and even managing to convince their clients of a world-wide shortage of the ubiquitous multi-coloured boxes.
Another IRISL ship held over default More trouble for sanctions hit Iranian liner operator as containership held in Hong Kong.
New fight over AHTS delay Otto Marine seeks arbitration as final deadline missed for delivery of second vessel in more than $300m series.
Newbuilding market recovery gains pace Broker Clarkson calls an end to newbuilding recession as order numbers increase by a whopping 70%, with prices remaining stable.
NS United ready for first bulker order Newly formed Japanese shipping company NS United is preparing to make its first significant investment as it closes in on a deal with Fukuoka Shipbuilding.
Anchor Chang to head Evergreen Evergreen Marine Corp names new president as the company looks to expand on its massive newbuilding programme.
DryShips in 12 ship tanker splash George Economou ploughs into the tanker market with $770m deal with another spin-off ahead.
Genco in shelf registration Peter Georgiopoulos-led bulker owner is looking to raise up to $500m regulatory disclosure shows.
SITC increases orderbook Yang Shaopeng-led liner operator has bolstered its fleet with two more feeder newbuildings.
MAN wins China prop deal Engine builder to supply twin-screw complete propulsion packages for two new China rescue ships.
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