US$2.5m donation to help keep straits safe Safety, security and the environment in the Straits of Malacca and Singapore will be boosted through the Nippon Foundation's US$2.5 million contribution yesterday to the Aids to Navigation Fund to help maintain navigational equipment in the world's busiest strait this year.
150 people fall ill on cruise ship in Britain About 150 people have fallen ill aboard a cruise ship berthed in Scotland following a suspected outbreak of the vomit-inducing norovirus, health officials said on Monday.
Oracle testing trimaran for America's Cup US side Oracle launched back into the waters off the coast of California a modified version of the giant trimaran which they will use in their duel with America's Cup defenders Alinghi of Switzerland, the team said yesterday.
Baltic Dry Index drops 4.1% on lower rentals
Mid-east tanker supply rises as demand falls
Educating future shipping magnates
Grand China to boost ties with Zhoushan
Strait Talk
Newbuilding glut is the big worry SHIPOWNERS traditionally keep their thoughts on business matters very much to themselves - and for good reason. Shipping is a highly competitive, as well as profoundly cyclical, industry.
US$2.5m donation to help keep straits safe Safety, security and the environment in the Straits of Malacca and Singapore will be boosted through the Nippon Foundation's US$2.5 million contribution yesterday to the Aids to Navigation Fund to help maintain navigational equipment in the world's busiest strait this year.
150 people fall ill on cruise ship in Britain About 150 people have fallen ill aboard a cruise ship berthed in Scotland following a suspected outbreak of the vomit-inducing norovirus, health officials said on Monday.
Oracle testing trimaran for America's Cup US side Oracle launched back into the waters off the coast of California a modified version of the giant trimaran which they will use in their duel with America's Cup defenders Alinghi of Switzerland, the team said yesterday.
Baltic Dry Index drops 4.1% on lower rentals
Mid-east tanker supply rises as demand falls
Educating future shipping magnates
Grand China to boost ties with Zhoushan
Strait Talk
Newbuilding glut is the big worry SHIPOWNERS traditionally keep their thoughts on business matters very much to themselves - and for good reason. Shipping is a highly competitive, as well as profoundly cyclical, industry.
Owners in the dark as Hanjin Heavy delays $1.3bn order MOVE to defer eight 12,800 teu ships made without the knowledge of Lloyd Fonds and NSC.
"If we do not get money we beat the crew badly" SOMALI pirate warning raises fears ransom negotiation tactics are being intensified as pirates push for more money.
Korean owners plan fleet sale to Fund KOREA Asset Management Company has devised a sale and lease-back scheme for Korean shipping companies facing a financial crunch
Spanish strikers return to yards MORE THAN 20,000 workers returned to their shipyard jobs today after a 27-day strike in Vigo, Spain
Swissmarine sues Hangzhou SWISSMARINE confirmed to Fairplay today that its $8.8M claim against China's Hangzhou Iron & Steel has gone to arbitration in London
HK fire rages on box ship HONG KONG marine firefighters are continuing today to fight a fire aboard a box ship that's so stubborn it might continue for another two days
German marine suppliers hit GERMAN shipbuilding suppliers expect stable revenues this year, but the order slump and cancellations will cause them severe troubles in 2010-11
CSAV selling its Agunsa shares CHILE'S container operator CSAV will sell its stake in Agunsa this week, CSAV sources told Fairplay
Post-mortem on passenger death A UK CRUISE ship passenger has died of an apparent heart attack and 150 passengers on the same vessel are sick in a suspected outbreak of norovirus
Tight supply conditions in Hamburg, ARA Bunker prices little changed in North Europe on Tuesday.
Modern barge launched in Russian Far East Singapore-based company says new state-of-the art bunkering vessel can cut delivery time to a fifth of previous norm.
Novorossiysk company aims higher Plans to raise bunker sales by 3% in 2009.
Pakistan floats another fuel oil tender Seeks over a million tonnes of HSFO and LSFO for August to November delivery.
Bunker prices stable Crude oil prices rebounded in after-hours trading on Tuesday.
Shenzhen prices lose competitive edge to HK Deliberate move by Shenzhen's dominant supplier to end 'cut-throat' competition.
Asian fuel oil prices continue to slide Cracks holding steady however as supply squeeze expected in July.
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