China links spur Taiwan growth Taiwan's launch of direct cargo links with China yesterday will help it better compete with rival transport hubs Hong Kong and Singapore, while logistic firms are poised to triple contribution to economic growth, analysts say.
Strong Somali govt needed to beat pirates: France Piracy in the Gulf of Aden will only be defeated by a strong government in Somalia, the commander of the French naval operation in the Indian Ocean said on Sunday.
Dry bulk rate hike seen as temporary THE sharp rise in dry bulk freight rates towards the end of last week is a spike and cannot be sustained because the fundamentals that have caused prices to tank over the past quarter remain the same.
UK owners lead drive for open emissions trading scheme CHAMBER of Shipping takes bold step towards cutting the amount of carbon vented from ships.
Mitropoulos urges action on emissions
China Cosco doubles FFA losses as rates plummet CHINA Cosco more than doubles losses on FFA contracts since September 30 to $785m.
ArcelorMittal hit by time charter breach claims NORWEGIAN handymax specialist Western Bulk Carriers is claiming a total of $5.4m from the steel producer.
IMF sees halved China growth THE IMF warned today that growth in China could be cut in half from this year to next, with serious implications for shipping sectors
Doll sees opportunity in market pinch PINCHED financial sectors have brought about huge change in the second markets, which will force both operators and investors out of business, industry analyst Fred Doll has warned at the Seatrade Middle East Maritime conference
Indian navy nabs 23 pirates THE INDIAN navy has thwarted a pirate attack on on Ethiopian-flagged vessel in the Gulf of Aden, seizing 23 of the suspects
Owners fear tanker rate collapse FEARS of a collapse in tanker rates ' just like the fall in drybulk rates ' is worrying tanker owners and operators
Death reported in ship release PIRATES have released the Greek chemical tanker Action, but there were reports today that at least one of the crew was found dead
Drybulk shares rise on market news SHARES in drybulk shipping companies listed in European markets rose this mornings after a reported sharp rise in freight rates
Three missing from sinking ship THREE Egyptian crew members are missing after a cargo ship capsized and sank in the Mediterranean Sea off the coast of Cyprus today
California passes strictest truck rules California air board approves rules to begin phase-in of nation's strictest emission limits for commercial trucks in 2011
Widdows re-ups with TSA
Contract dispute threatens Vancouver port with strike
Miami port tunnel proposal victim of credit crunch
Maintenance work restricts transits at Panama Canal
A. P. Møller-Mærsk to drop investments A. P. Møller-Mærsk will likely cancel orders and options on vessels in the coming months as a consequence of the new policy of working only with projects financed by the groups own cash flow. "We have decided to not ...
23 pirates taken by Indian navy 23 pirates were on December 13 arrested in the Gulf of Aden when trying to hijack the Ethiopian-flagged general cargo vessel Gibe, according to international media. The Indian navy ship INS Mysore was escorting merchant ships in the region ...
Hebei Spirit verdict threath to recruitment Several large shipping organisations have voiced their concern after a verdict in South Korea where the master and first officer was jailed for 18 and 8 months respectively. According to the court, the pair was partly responsible for the worst ...
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