The World Maritime University at 30 WMU's aims are just as important today as global shipping industry develops
Hong Kong Shipowners' Association welcomes Koo as new chairman Torch passed from one shipping family to another
What happens next? Brussels prepares its statement of objections against the 14 boxlines
Lawyers question strength of Brussels' antitrust case against box lines European Commission is entering a grey area on price signalling, say legal experts
STX O&S delays deliveries of product tankers to Frontline 2012 Troubled South Korean yard announces four-month delay
US Navy suspension of ISS contract linked to alleged billing irregularities UPDATE: Move said to relate to 2005-2008 supply deals
Bolloré clinches Dakar ro-ro concession French logistics group wins 25-year terminal contract
Former VLCC owner Saga Tankers slides into the red Expert questions whether owners regret moves to exit VLCCs
Tough times are here to stay for shipping Analysts paint bleak prospects for December's Asia-Europe rates hike
Bank forces Torm to sell four product tankers to Oaktree Financier will place vessels under Danish firm's commercial management
Korea Air veteran named Hanjin Shipping president Suk takes the helm after Young stepped down over deepening financial losses
Jetfoil collision injures 85 in Hong Kong Unknown object strikes high-speed ferry carrying 105 passengers
Wan Hai splashes out $41m on containers Taiwanese carrier purchases 12,700 boxes at $3,259 each from CIMC
Frontline 2012 targets New York listing in third-quarter 2014 Fredriksen newbuilding vehicle faces challenges to construction programme
Coscol books four multipurpose vessels at $40m each Cosco unit approves plan for 36,000 dwt ships at CSSC yard
Mixed maritime response to Berlin grand coalition THE coalition deal between the Christian Democratic parties and the Social Democrats in Germany has sparked mixed reactions from the country's shipowning, port and logistics sectors
DHT secures $46M settlement from OSG estate NYSE-listed DHT Holdings said today it had settled damages claims it had lodged against bankrupt Overseas Shipholding Group for a total of $46M
NAO completes $250M Oslo placement NORDIC American Offshore has completed a $250M private placement in Oslo, the first step towards an NYSE listing that the company expects to consummate in the first quarter of 2014
Coal port dredging decision pending THE EXPANSION of Australia's Abbott Point coal port is likely to get the green light in coming weeks now the Great Barrier Reef Authority has discredited a report critical of dredging, the Australian reported today
Maersk Line Asia-Europe unit costs fall and ship size will rise with P3 Maersk Line would benefit most from the planned P3 network, driving costs down and ship size up an investment bank said today
COSCOL orders newbuildings SHANGHAI-listed COSCO Shipping Co (COSCOL) has decided to build four 36,000dwt multi-purpose vessels at compatriot CSSC Guangzhou Huangpu Shipbuilding at costs of 246M yuan ($40M) each, according to its yesterday's stock filing
87 injured in HK ferry accident A TOTAL of 87 people were injured in a Hong Kong high-speed passenger ferry accident early today after the vessel collided with an unidentified object
Hubline sinks to full-year losses MALAYSIAN shipowner Hubline Berhad plunged to losses of 190M ringgit ($59M) for its full-year end on 30 September
Qinhuangdao Port to sell new shares CHINA's Qinhuangdao Port will sell 830M shares in its initial public offering on the Hong Kong Stock Exchange at maximum HK$6.7 a share to raise about HK$4.28Bn ($549M)
North Korea ship to leave Panama UN INSPECTORS are examining weapons being smuggled in a North Korean ship's cargo, according to Panama's security minister
Hanjin Shipping Names New President, CEO Hanjin Shipping today appointed Tai Soo Suk as its new president and CEO. Suk, the current CEO of Hanjin Transportation, replaces Y.M. Kim, who resigned earlier this month, saying he was taking responsibility for the company's losses . Kim resigned during the week that the Korean carrier reported a net loss of...
Fjeld exits Flex LNG Philip Fjeld is heading for the exit at Flex LNG, the company he co-founded and has led for the past six years.
Nanjing Tanker on brink China's Nanjing Tanker has moved another step closer to delisting from the Shanghai Stock Exchange after it posted a third quarter loss.
Diana books Bunge deal Diana Shipping has bagged a period contract worth $2.86m for one of its panamax bulkers.
Olympic in Geden swoop Olympic Shipping of Greece looks to have returned to the dry-cargo market with a $100m move on four Geden vessels.
Island back at Vard Norway's Island Offshore has returned to long-time collaborator Vard for another newbuilding.
DHT eyes OSG pay-out DHT Holdings could bank an extra $8.5m after settling a charter dispute with bankrupt OSG.
FRNT's cape coup John Fredriksen's Frontline 2012 is sitting on a potentially huge profit on its capesize newbuilding programme, Danske Bank says.
Cosco CFO quits Feng Jinhua has quit as chief financial officer of China Cosco as the owner enters the final month of its effort to avoid a third successive annual loss.
Love in a hot climate We take a look at what was said in the market over the past week.
DFDS faces delays DFDS' resurrected order for two ro-ro vessels at Germany's bankrupt P+S Werften has fallen behind schedule.
ALNG fixes newbuild Awilco LNG has clinched a mid-term contract for its recently delivered newbuilding, confirming news broken by TradeWinds weeks ago.
Ullman takes Concordia reins Stena has shifted Kim Ullman from head of its LNG business to take over at tanker unit Concordia Maritime.
Pakistan plots new yard Pakistan is considering building a new shipyard in Gwadar.
Italy trumps Norway Fincanieri has beaten off competition from Norwegian yards to build an advanced oceanographic vessel for the country's government.
Torm in forced sale Torm has sold four MR tankers to Oaktree in its second forced sale with the private equity heavyweight.
HSH provisions rise German lender HSH Nordbank's loan-provisions have grown in the first nine months as it seeks to reduce shipping exposure.
Scorpio swells VL order TradeWinds digests the digits making the headlines this week.
Terntank inks eco-order Danish owner Terntank has ordered what it claims could be the world's most eco-friendly ships.
Polarcus bid dropped A potential investor has shelved plans to buy a large stake in Oslo-listed Polarcus after failing to tempt enough sellers to part with their shares.
Coscol booking quartet Cosco Shipping Co (Coscol) is planning to add four more multipurpose (MPP) ships to its orderbook in China.
Anek cuts loss Greek ro-pax group Anek Lines has reduced its loss in the first nine months after it cut costs.
Ferry crash injures 85 Six people have been seriously injured after a Hong Kong ferry hit an unidentified object.
Suk takes Hanjin job Loss-making Korean owner Hanjin Shipping has brought in a former Korean Air manager to pilot it back to profit.
Arctech wins icebreaker Finland's transport agency is ordering a new icebreaker at the domestic Arctech Helsinki shipyard.
Wintermar profit jumps Wintermar Offshore Marine has reported a 27% increase in profit for the first nine months of the financial year.
KC Maritime eyes tonnage KC Maritime is set to expand its fleet with orders for four bulkers at China's Guangzhou Huangpu Shipbuilding.
GrainCorp deal blocked Australia has blocked Archer Daniels Midland's (ADM) AUD 2.8bn ($2.6bn) takeover of domestic grain handler GrainCorp.
Ex-Aegean man jailed Singapore has come down hard on another fraudulent bunker trader as it looks to preserve its squeaky clean image.
Weekly global market report A weekly price round up from bunkering hubs around the world.
Fuel prices remain stable in the Americas Avails were said to be tight in Cartagena on Friday.
Rotterdam LSFO prices hit two-month high Prices at both ports climbed to $635 pmt on Friday.
Hanjin Shipping gets new boss Position effective on December 1.
Prices soften in Fujairah Earliest deliveries possible from December 3 in Fujairah.
Prices end week soft across Europe Bad weather stops bunkering at Gibraltar.
Bunkering halt at Gibraltar, Algeciras Bad weather sees operations temporarily suspended.
NGOs warn IMO against accelerated low sulphur availability review Seeking official reassurance from IMO Secretary General that there won't be bias allowing delay of 2020 global sulphur limit.
For sale: Five bunker tankers Chinese courts put tankers up for auction.
Auctioned bunker tanker finds buyer Bids still low but sale likely to go ahead.
IFO prices largely fall in Asia Supplies of bunkers were tight at Asean major ports.
Further recognition for air lubrication system Award aims to put system for further practical use in Japan.
Vessel lubricant receives environmental certificate Products will be classified as an Environmentally Acceptable Lubricant under US EPA rules.
Vessel optimisation leads to award for barge operator Tug and barge firm reports significant savings from fuel optimisation system.
Firm opts for more 'eco' tankers Move will leave company with 18 'eco' LR2 tankers on firm order from two Chinese yards.
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