Louis eyes return to profit in 2014 Cruise operator aims to double cruise sales in next three years
Watered down European port legislation would be superfluous Port users lobby European Parliament to avoid creating ineffective "empty shell" legislation for port services
Crude tanker prospects may worsen before they improve Present good market for owners is merely a purple patch
Leading cruise line urges Greece to 'get its act together' Country is 'back on the map' for cruising but Louis Cruises frustrated by inaction
UK government outlines way forward for UK-flagged floating armouries Home Office will also discuss how to regulate firearms training in the UK
Teekay continues asset sale to daughters through new investment arm TIL offering raises $250m for tanker acquisitions
More oil demand, more oil supply but not much change in prices IEA reports shows US oil demand growth outstrips China
Joint financing plan for Panama Canal GUPC moots co-financing deal as dispute about cost overruns simmers on
NYK adds four bulk carriers to its fleet Japanese shipping giant's subsidiary leases four handymax and handysize ships on time charter
Jaya quarterly profits rise 11% Singapore company reports better utilisation and higher charter rates for vessels
Pan Ocean pans STX Restructuring South Korean company cashiers old group name
Alliance Oil Trading to quit Singapore Company is hit by fall in bunker sales, despite rise in container volumes
Iranian sanctions relaxed to allow clubs to provide cover for six months Shipowners and clubs must be mindful of contract terms, says IG
2013 events likely to affect box shipping for years to come Proposed P3 tie-up raises prospect of further consolidation
One killed, four injured in blast aboard chemical tanker off Turkey Ship now under tow to repair yard
Thoresen Shipping adds supramax to fleet Bulker operator bought vessel from D'Amico Dry for $20m
EU relaxes Iranian tanker sanctions The European Union has lifted its ban on the provision of transport and insurance for Iranian crude oil exports
Kufpec acquires Shell's stake in Wheatstone LNG for US$1.135Bn Royal Dutch Shell announced yesterday that it has reached a deal with Kuwait Foreign Petroleum Exploration Co to buy its US$1
Crew member dies in tanker blast One crew member died and four were injured following an explosion on board a tanker outside the Turkish port of Tuzla yesterday
CSBC wins two more box ships Taiwan-listed shipbuilder China Ship Building Corporation (CSBC) announced last week that it won orders to build two 1,800teu ships for two Malta shipping companies
Tanker rate spike seen as good for vessel valuations Spot freight rates for crude oil tankers have increased sharply in recent times, but although the gains are unlikely to be sustainable, they should help to lift valuations of vessels on the secondhand market, shipping analysts say
North Atlantic Drilling plans to raise $600M in five year notes Deepsea, harsh-weather drill rig operator North Atlantic Drilling, a subsidiary of London-based Seadrill, plans to raise $600M in an issue of five-year notes
China COSCO to book profits in 2014 China COSCO, the flagship-listed unit of Cosco Group, is likely to remain in the black in 2014 on one-off gains for breaking old tonnages, the Chinese brokerage firm Shenyin & Wanguo Securities said
Thoresen Shipping adds 11th Supramax Thoresen Shipping Singapore, a subsidiary of Thoresen Thai Agencies, said today that it bought another secondhand Supramax bulker
Rainbow HI plans to invest in ship design firm Shenzhen-listed Jiangsu Rainbow Heavy Industries plans to invest 3.25M yuan ($533,000) in a joint venture to set up a special engineering ship design firm
Eric Ip steps up as HPH's boss Hong Kong-listed Hutchison Port Holdings (HPH) group's former MD John Meredith, 74, stepped down on 1 January and has been succeeded by the group's new MD Eric Ip, according to Ship.sh today
Singapore bunker supplier goes belly up Singapore-based bunker supplier Alliance Oil Trading has exited the market as it is being liquidated
VLCC rates hit 2014 high VLCC rates hit a 2014 high yesterday as tightening tonnage supply combined with high oil demand and the upcoming Lunar New Year holidays to drive chartering activity
Bekhor back in action A leading private equity firm has forged an alliance with UK compatriot British Marine under a broader bid to break back into the shipping industry.
Euronav narrows loss Euronav turned in a fourth-quarter loss Tuesday but the red ink does not appear to have derailed its appetite for further expansion.
Seabourn seals order Seabourn has firmed up a contract to construct a cruiseship at Fincantieri in Italy.
Cargill makes it three Cargill has taken its third capesize bulker of the year on a period contract, brokers say.
Canal horns still locked Work on the Panama Canal expansion project is continuing under a cloud of uncertainty a day after the deadline for an ultimatum by the consortium building the new locks.
A2B adds Thamesport Short sea operator A2B-online Container is branching out in the UK with a new call at London Thamesport.
Ardmore firms fixtures Ardmore Shipping of Ireland has firmed up charters for two of its medium-range (MR) product and chemical tankers.
Navios goes to market Navios Maritime Holdings is making another trip to the capital markets as it looks to continue expansion efforts.
Docker almost buried A dockworker has survived being buried up to his neck in coal on a bulker at Immingham, UK.
Teekay opens TIL Teekay has raised $250m to create a new tanker division in league with daughter company, Teekay Tankers.
Aker lets loan lapse Aker Philadelphia Shipyard (APSI) has allowed a $65m loan facility to lapse following a rights issue.
Blast from the past Crude tanker rates are repeating a pattern seen during the previous cyclical upturn over a decade ago, Global Hunter Securities believes.
NGW bids for P+S German wind farm company New Global Wind (NGW) is going ahead with an attempt to buy the Stralsund yard of bankrupt P+S Werften.
Change aids Jaya A change in chartering strategy continues to pay off for Jaya Holdings as it booked an increased profit in the second quarter.
Gas leak on bulker Five crew have been taken to hospital after a gas leak on a bulker at Port Taranaki.
Stena Line seeks savings Swedish ro-pax giant Stena Line is looking for a pay freeze from UK workers to avoid large-scale redundancies.
Perseveranza joins pool Perseveranza di Navigazione has joined the list of owners trading vessels in the Scorpio Tankers MR Pool.
Crewman lost from boxship The French navy has launched a search for a seafarer who fell from a boxship off Le Havre.
DNB lifts Euronav DNB Markets has upgraded Euronav ahead of its fourth quarter results presentation today.
Stenberg captain cleared A Latvian tanker master has been acquitted of being drunk in command of his ship in Sweden.
Euronav in focus Euronav is expected to begin the fourth quarter results season by revealing a third successive annual loss - but it's bottom line will not be the sole focus as the eyes of the tanker market turn to Antwerp today.
Reefer held over faults A Seychelles reefer and a tug were the only two ships detained in Hong Kong during December.
One dead in tanker blast One seafarer has died and another four were injured as an explosion tore through a tanker off Turkey.
Thoresen picks up bulker Thoresen Shipping has acquired an eight year-old supramax bulker from interests linked to Italian shipowner D'Amico.
Line to be launched A delayed coastal shipping line between Bangladesh and Myanmar is to launch in March.
'Fire' was really a leak A Taiwanese bulker thought to be on fire during a port call in New Zealand Monday had in fact suffered a chemical leak.
Cosco bulker arrested Singapore's admiralty sheriff has arrested a Cosco-owned panamax bulker, latest court documents show.
Olympic back at Kleven Olympic Shipping has returned to the newbuilding arena for the first time in over a year with a contract at Kleven Verft.
Somali pirates nabbed European Union naval forces have made the first arrest of pirates off Somalia in 2014 following a failed attack on a products tanker.
NADL taps US bond market John Fredriksen's North Atlantic Drilling Ltd (NADL) is looking to raise $600m from the US bond market.
Canal contractor says co-financing demand is fair GUPC told the Panama Canal Authority on Monday that its demand for an repayment advance of $400 million is not a shakedown for extra money, but a way to jointly bridge the gap until differences can be sorted out in a legal setting.
Reports say Zim debt deal could be signed this week Israel's Globes newspaper said last week Zim and its creditors have signed a debt settlement that includes a 50 percent write-off of Zim's $3 billion debt, mostly to foreign banks. It said the write-off will be the largest in Israel's history.
Bid made for share of Norwegian Car Carrier Car Carriers Investment AS, a 50/50 joint venture between a subsidiary of Klaveness Marine Holding and a subsidiary of J.P Morgan Global Maritime Investment Fund, intends to start a voluntary cash offer for all of the carrier's shares.
Army Corps awards 2nd contract for Miami Harbor Deepening The federal agency has, as expected, awarded Great Lakes Dredge & Dock Corp. a $51.9 million option for the project to deepen the Port of Miami's harbor to 50 feet, which will enable it to receive the largest containerships in operation today.
Washington Notebook: Oil industry meets DOT chief about tank car safety
St. Lawrence Seaway traffic off 5% in 2013
Southeastern opens Florida service center
Seattle, Tacoma file new discussion agreement The ports of Seattle and Tacoma said last week that they have filed a discussion agreement with the Federal Maritime Commission that will allow them "to gather and share information to identify potential options for responding to unprecedented industry pressures.
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