Panama Canal has 'Plan B' if building work is suspended But chief executive Quijano urges GUPC consortium to take advantage of independent arbitration outlined in the original $3.1bn project contract
Nairobi Wreck Removal Convention is one step away from ratification As Malaysia signs up DWF asks whether the drive will deliver its desired impact
Honour for Apostleship of the Sea stalwart UPDATED: Regular ship visitor McHugh receives an OBE
ACP reaffirms Panama Canal expansion completion Authority seeks to reassure customers as builders issue $1.6bn cost-overrun ultimatum
Goldenport ends 2013 with a third boxship sale Greek owner took advantage of strong prices to scrap nine-year-old MSC Anafi
IMO Solas and Marpol amendments come into force Changes establish safe crewing levels on passengerships
Western Australia ports reopen after cyclone BHP Billiton, Rio Tinto and Fortescue Metals resume loading
Marine insurance association boosts Shanghai's strategic goals Launch backs the city's drive to become a financial and logistics hub
Chinese helicopter lifts passengers from stranded Russian research ship Akademik Shokalskiy stranded in Antarctic since Christmas
MSC Monterey will sail on after provisional repairs Vessel anchored in Canada after its deck cracked as it sailed from Antwerp to Boston
Kinder Morgan acquisitions mark a strategic shift in US energy shipping Pipeline giant buys Jones Act firms American Petroleum Tankers and State Class Tankers
DryShips restarts equity offering George Economou-led DryShips has resumed its 'at-the-market share sale after a three-week hiatus in December 2013
Dispute threatens Panama Canal expansion Relations between the Panama Canal Authority (ACP) and the consortium building the expanded locks have reached a crisis point, with the historic project now in jeopardy of being halted
Frontline issues 1.19 million shares under ATM programme Frontline, the listed VLCC and Suezmax operator in John Fredriksen's business empire, issued 1,193,300 ordinary shares in December under an at-the-market (ATM) programme unveiled in June, the company said in a statement
Cargo ship fire extinguished Indian authorities successfully put out a fire on board Chinese cargo ship Fu Rong Song while it was off Mumbai port
Hyundai HI plan ship design arm Hyundai HI have disclosed plans to set up a new ship design unit by expanding its existing arm, Mipo Engineering
Nam Cheong grabs $66M order Nam Cheong (NCL), Malaysia's largest offshore builder, secured contracts for offshore support vessels worth an aggregate $66M
Drilling rig sinks at DSME yard Norwegian semi-submersible drilling rig Deepsea Aberdeen, which was being built for Odfjell Drilling, sank at the Daewoo Shipbuilding & Marine Engineering shipyard in South Korea on 28 December
Vard rating neutral Singapore-based DMG & Partners Securities maintained its neutral rating on Vard, the Norwegian builder of offshore support vessels and offshore vessels, as its Brazilian operations will remain a drag on overall margins
CSBC inks two-ship deal at $50M Taiwan's top shipbuilder China Ship Building Corporation (CSBC) announced plans for an agreement with Singapore's Iseaco Investment (Iseaco) to build two ships at the price of $25M each
Peake appeals sentence Liner executive Frank Peake has filed an appeal challenging his conviction and prison sentence in the Puerto Rico price fixing scandal.
Kirby's musical chairs Kirby Corp finance chief David Grzebinski has added two more titles to his resume before the company hands him the chief executive role later this year.
Pressure for DryShips DryShips' share price could take a hit after the company announced an at-the-market (ATM) equity offering, an analyst said today.
Japan duo bin LNG pact Western Australia's long delayed Browse LNG project has suffered a further setback after two major Japanese customers pulled out of a deal to purchase volumes.
Battle in Panama The Panama Canal Authority (ACP) has insisted that it is committed to completing its massive widening project as a fight with the lock construction consortium reached an impasse.
Batista's annus horribilis Eike Batista has claimed the dubious distinction of losing more money than anybody else during 2013.
CSBC scores two more CSBC Corporation has kicked off the New Year with an order for two more of its 1,800-teu boxships.
Capes fall over Christmas Capesize rates came down over the festive season and with flooding impacting exports from Brazil and Australia the signs are for a lower market at the start of 2014.
Rem renews PSV deal Rem Offshore has netted an extra two years work for one of its platform supply vessels (PSVs).
Free at last Having spent Christmas and the New Year on a ship trapped in polar ice more than 50 passengers have finally been air-lifted from a Russian vessel in Antarctica.
Alam eyes subsea drive Malaysian offshore vessel owner Alam Maritim Resources is on the verge of boosting its presence in the subsea sector with the addition of a new dive support vessel (DSV).
Capitol closes on IPO ASL Marine has edged a step closer to an IPO of its Indonesian unit after the country's financial services authority gave the green light to a listing.
TMT in handy sale A handysize bulker in the fleet of Taiwanese owner Today Makes Tomorrow (TMT) is reported sold to an undisclosed buyer.
Nisshin sells bulker Nisshin Shipping of Japan is said to have sold off a panamax bulker.
DSME offloads VLCC BW Offshore has revealed itself as the buyer of a VLCC from DSME shipping wing DK Maritime.
Strong start for Siem Siem Offshore has started 2014 on a bright note after securing a long-term contract with Petrobras.
HHI hopes for better Hyundai Heavy Industries is hoping it can continue a rebound in newbuilding orders into 2014.
BLT bins tanker Berlian Laju Tankers (BLT) has reportedly sold a tanker for demolition.
Contract dispute jeopardizes Panama Canal schedule
COSCO ordering new ships COSCO Group said it held a ceremony in Ocean Plaza Dec. 30 for the signing of a shipbuilding contract with China State Shipbuilding Corporation for four 64,000 DWT dry bulk vessels.
CBP's Baldwin retires Daniel Baldwin, executive director of Cargo and Conveyance Security, retired Tuesday from U.S. Customs and Border Protection after a 27-year career with the agency. He made the announcement in an email to friends and colleagues.
Cuba plans to open Mariel container terminal this month The first stage of a container terminal in Cuba at the Mariel Special Development Zone west of Havana will be opened this month by President Raul Castro and Dilma Rousseff, the president of Brazil.
Holt completes N.J. renovation Holt Logistics Corp. said it has completed a $2 million renovation to its 60,000 square-foot cold storage facility at Gloucester Terminal in Gloucester City, New Jersey.
Fujairah bunker prices soften on first trading day of 2014 Demand was low in Middle East hub.
Weak demand in Rotterdam Good demand in Hamburg.
Algeciras terminal could triple in size Proposal 'still in a feasibility phase'.
New ECA: 'Economic impact will be modest' US Caribbean Sea Emission Control Area has come into effect.
Fuel oil stocks fall for third week running Inventories at eight-week low.
2014: 'Profitability will be defined by cost leadership' Container sector faces a 'challenging year'.
Asian bunker prices start year relatively stable Tight avails in Hong Kong.
Shipowner sells boxship in fleet renewal plan Boxship sold at $4 million loss.
South China fuel oil imports down in December Brightoil and Sinopec fuel oil sales imported 140,000 mt of fuel oil in December.
Shipbuilder wins fuel-efficient order Singapore-listed firm in $164 million contract.
IFO prices see year-on-year fall in Mediterranean hubs Increased competition has led to 6-7% fall in prices.
ISO continues process towards hull and propellor performance standard ISO 19030 will help shipowners judge the claims being made by hull coating manufacturers.
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