Seaspan seals $1Bn refinancing package NYSE-listed Seaspan Corp has reached an agreement with lenders to refinance $1Bn in debt that was to become due within the next 18 months
Remontowa wins Siem PSV quartet Polish shipyard Remontowa Shipbuilding has won a contract for four dual-fuelled Platform Supply Vessels (PSVs) from Norwegian owner Siem Offshore
Hanjin White delivery delayed Hanjin Shipping announced today that it had postponed delivery of 4,600teu containership Hanjin White until the end of 2014
News service over New Year The IHS Maritime office will be closed on the afternoon of 31 December and closed all day on the 1 January. News alerts will not be sent during this time
Crew members rescued from Sae Byol A total of 15 North Korean seafarers were rescued on 29 December after the China-flagged Sae Byol ran aground off Haimao Island near Dalian, China
NYK to build Japan's first LNG-fuelled tug Japanese carrier NYK announced today that it is to build a tugboat with a dual-fuel engine powered by either liquefied natural gas (LNG) or heavy oil, which will make it Japan's first LNG-fuelled vessel
Tianjin port to open channel North China's Tianjin Port plans to open its 300,000-tonne channel to traffic on 1 January 2014
Rescue operation ends for missing four The Maritime and Port Authority of Singapore (MPA) on 27 December called off the search and rescue operation for four missing crew members of the capsized Bolivia-flagged barge Heng Hong 168, it said in a statement
Nanjing Tanker to take over 20 tankers Nanjing Tanker, a Chinese tanker operator, has struck deals with 18 unidentified shipowners to take over 20 chartered-in tankers at costs of $467.9M when the charterparties expire
Five missing after accident north of Yangtze River A total of five crew members were missing after a containership sank 60nm north of the Yangtze River Mouth on 27 December, local authorities said
Ninety one rescued from collision A cargo ship collided with a chemical tanker off South Korea's southeast coast yesterday morning causing both ships to catch fire. All 91 crew members on the two vessels were rescued safely, coast guard officials said
Search ends for jumper The US Coast Guard has called off a search for a Royal Caribbean International passenger who jumped overboard off Puerto Rico.
Glory Wealth chases Flame Glory Wealth Shipping has asked a US court to issue a $6.47m judgement against Swiss coal trader Flame, adding a new wrinkle to both companies' court fight against Ukraine's Vista Shipping.
Maersk facing second round AP Moller-Maersk's US-flag arm is facing a second class-action lawsuit by seafarers aiming to recover unpaid overtime pay after being sent to shore for medical reasons.
November loss hits TMT Today Makes Tomorrow (TMT) suffered swelling losses in November for its subsidiaries under bankruptcy protection in Houston.
Algoma gets cancellation cash Canadian flag operator Algoma Central Corp has won back $41.7m from refund guarantees covering a cancelled tanker order in China.
Seaspan in loan score One of the world's largest boxship owners Seaspan Corporation has successfully refinanced a billion dollars in loans.
Scorpio to sell seven New York-listed tanker owner has taken a writedown as it looks to shed its oldest ships over the next year.
Euronav trumps Genmar? Euronav is rumoured to have swooped the Maersk Tankers VLCC fleet from under the nose of Peter Georgiopoulos.
$10m deal is done Nasdaq-listed FreeSeas talks acquisition as it concludes Crede fundraising project.
Creditors back Titan Hong Kong listed Titan Petrochemicals says it has won backing from creditors for its revised debt restructuring plan and also a fresh debt deal for its Chinese shipyard.
Fincantieri's IPO fillip Fincantieri has received a fillip for its privatisation process with an offshore order for its Singapore-listed shipbuilding arm Vard.
Cosco takes four China Cosco Holdings has penned a $108m contract for four dry cargo newbuildings at a domestic yard to begin the rebuilding of its fleet.
Two more years Containership time charter rates are expected to remain at historically low levels at least until 2015, says Alphaliner.
Christmas bonus for owner Ocean Sentinels of Singapore has received a Christmas bonus following the scrap sale of one of its vessels.
KDB stake cut The state-backed Korean Development Bank (KDB)'s majority shareholding in Pan Ocean has decreased, according to a statement from the financially troubled shipping company.
Fredriksen orders in China Norwegian shipowner John Fredriksen continues to expand his private fleet with a newbuilding order in China.
Grand design Hyundai Heavy Industries has teamed up with its two major shipbuilding subsidiaries to form a new ship design venture, it announced today.
Fatal blast at Chinese yard Two people died and two others have been injured after a blast caused by a gas leak at the Huarun Dadong Dockyard on Chongming Island, the Shanghai Daily reports.
Pusan crash causes blaze A major fire has broken out following a collision between the chemical tanker Maritime Maisie and the cargoship Gravity Highway in the Port of Pusan.
Sumitomo backs seven Sumitomo Group has emerged as the backer of seven post-panamax boxships to be built for Evergreen Marine Corp (EMC).
Siem seals four Siem Offshore has returned to Remontowa Shipbuilding for a quartet of new platform supply vessels (PSVs).
Boxship in trouble Hull cracking problems with modern containerships have again surfaced, this time on NSB Niederelbe's 4,892-teu MSC Monterey (built 2008).
Scrap savings for Louis Louis Cruises of Cyprus says that it has recorded a EUR 10.25m ($14m) hit on its books from the sale of its 14,200-gt cruiseship Coral (built 1971) for recycling earlier this month.
Fuji Maru finds buyer Mitsui OSK Passenger Lines (MOPAS) has found a buyer for its unwanted cruiseship Fuji Maru (built 1989).
NOL scraps APL Kennedy Singapore's Neptune Orient Lines (NOL) has sent another of its dwindling number of US-flagged containerships for recycling.
Treasure up for grabs The High Court of Singapore is preparing to auction the first of two general cargo ships belonging to local owner Aomi Group that were arrested this past August.
Mercy order for CSIC International medical charity organization Mercy Ships has placed an order for what will be the world's largest civilian-owned hospital ship with the China Shipbuilding Industry Corporation (CSIC).
Mali re-enters AGOA The White House has reinstated Mali's eligibility to receive trade benefits under the African Growth and Opportunity Act, meaning that 40 of the 49 potentially eligible countries in sub-Saharan Africa are now eligible to receive benefits.
DOT pledges $18.5 million for Syracuse rail project
Port of Antwerp sets new freight record in 2013 The Port of Antwerp announced today that it is expected to have handled a total freight volume of 190.6 million tons over the year, an increase of 3.5 percent compared to last year, when the volume came to 184.1 million tons.
Race against clock for damaged bulker A bulk carrier that had loaded grain in Duluth and went aground in New York State at the eastern end of Lake Ontario, just days before the St. Lawrence Seaway was scheduled to close, has been refloated and is being towed to Montreal.
Containership oversupply to continue
Seaspan announces refinancing
Regulators approve GPI-NCC merger
Frankfurt Airport reduces fees for low-noise aircraft
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