Tanker supply curbed by slower deliveries The supply of supertankers to ship 2 million-barrel cargoes of crude has been curtailed by slowing delivery of new ships, increased scrapping and more vessels being used to store refined fuels, said Jeffrey McGee, an analyst at Simpson, Spence & Young Ltd.
Giant super yachts come with big bragging rights The US$3 billion worth of vessels anchored for sale in the Monaco harbour draw a grin from Monte Carlo Luxury Yachts broker George Fortune.
Royal Caribbean expects overseas guests to top US Royal Caribbean Cruises, the world's second-largest cruise operator, expects international passengers to overtake US guests as demand increases abroad.
Floating into the future
Record export earnings for UK maritime services in '08
Dachser gets foothold in Romanian market The international logistics provider Dachser established a new country organisation in Romania on 1 October. The new company, Dachser Romania, offers intelligent transport logistic...
Hella optimises aftermarket distribution centres in Europe Zetes, a leading European provider of solutions and services for the automatic identification of goods and people, has been awarded a pan-European contract to implement and service...
Fiat Group's Iveco opts for Santander-Zeebrugge The commercial vehicle manufacturer Iveco, a member of the Italian Fiat group, is about to use the new short sea service connecting northern Spain to the Belgian port of...
Duisport sky center - a new highlight on the River Rhine The German duisport Group is planning a modern office complex on a waterfront location on Mercator Island on the River Rhine. Several buildings with a total floor area of 65,0...
More ro-ro capacity in St Petersburg Petrolesport, one of the leading handling companies at St Petersburg Big Port (Russia), put its refurbished ferry terminal back into service at the beginning of October. The port n...
UK launches review of light dues charging regime GOVERNMENT drafts in management consultancy firm Atkins to produce report by spring 2010.
Just one owner polled on light dues
Louka Katseli heads Greek shipping portfolio NEW Minister of Economics, Competitiveness and Shipping pledges consultation with industry.
CMA CGM tells customers about financial restructuring talks LINE has created committee of its main lending banks to consolidate financial position.
Eastwind creditors put Yosemite up for sale EASTWIND Maritime's 24-year-old bulker to be sold on October 30 in Vancouver.
Vale set to add eight VLOCs to bulker order spree BRAZILIAN mining giant poised to order vessels, with and option for two more, at STX Offshore and Shipbuilding.
Seabourn flees pirate waters SEABOURN today cancelled its entire 2010-2011 Indian Ocean cruise deployment due to piracy fears
USCG could act on access SEAFARERS hobbled since 9/11 by onerous shore-leave barriers while docked at US ports could soon get relief from the US Coast Guard
Protesters shut down Spanish shipyard HUNDREDS of workers today shut down Seville shipyard in Spain in a protest over defaults on salary payments
Inchcape continues growth strategy WITH 16 possible acquisitions being negotiated, Inchcape Shipping Services (ISS) continues on a path of global expansion and diversity across its operating areas
Eagle Point refinery mothballed SUNOCO is to close its 145,000bpd Eagle Point refinery in the US state of New Jersey indefinitely because of a "very poor" operating environment
Not 'terminated' Nassco wins language in US Shipping bankruptcy declaring products tanker order breached but not terminated.
Who's the briber? Barrister accuses Sovcomflot boss Sergey Frank of making up link between Skarga, Nikitin and cash payments to former finance chief, Igor Borisenko.
Long on Diana JP Morgan analyst names bulker owner as top long-term investment growth potential is "second to none."
Liquefaction plans Petrobras official reveals plans to launch a tender for a floating LNG liquefaction unit.
Wilson ties up Brazilian outfit joins Chile's Ultramar Group to form offshore supply vessel joint venture.
All smiles Yuri Nikitin, Dmitry Skarga and Sergey Frank face the camera on day five of Sovcomflot trial.
Vale orders hit 28 All told, Brazilian iron ore miner has nearly thirty very large ore carriers on order, shipbroker says.
'There will be war' Sovcomflot chief Sergey Frank tells court of threats made by predecessor if he didn't back IPO in New York.
Casualty file Feedership sinks off Taiwan and bulker grounds off British Columbia in weekly WebTV casualty roundup.
Crime at Seaview Man charged with several counts in gun incident that evacuated Stamford offices of TradeWinds and Groton Pacific Carriers.
Canada sends ship Navy sends HMCS Fredericton to join Nato and Combined Task Force 150 off Somalia.
Deliveries diverge Newbuildings flood in to speed up dry-cargo fleet growth while new tanker and boxship arrivals slow in third quarter.
Exmar to issue? Nicolas Saverys-led gas shipowner mulling equity issue of up to $140m to fund newbuildings, it is claimed.
Loans stay low Syndicated deals show slight rebound as Japanese banks dominate shattered market.
Greek alters order Phoenix Energy Navigation said to have changed two-suezmax order at HHI into aframax trio.
Somme sting Five pirates arrested after mistaken night time attack on French warship, Somme.
Curry joins FRO Shell veteran added to board of John Fredriksen's Frontline.
Pirates attacked Rival gangs clash in Somalia to fight for $1.5m Horizon 1 ransom cash.
Discount defence Cut price cruise tickets are not creating social unrest onboard ship, says Micky Arison.
Rate hikes loom Transpacific Stabilization Agreement looking to add $1,000 per feu on Asia-US routes next year.
New tactics Piracy authorities say Somali pirates are now attempting to bluff ships into thinking they are warships.
Hoegh in gas fix Norwegian LNG player ties-up chartered in gas carrier for almost three years to Spain's Repsol.
Breathing space Boa Offshore given extra time to find financing for five PSVs which will be outfitted at Bergen Group.
Boxes lost Printers and toys strewn on Dutch beach after containership loses cargo overboard.
Deep in Brazil John Fredriksen-controlled offshore vessel company orders PSV and sets up base in Brazil.
CMB pockets $7m Bocimar parent and Drylog book a profit from sale of capesize Mineral Monaco.
Hoegh ship hit Norwegian-owned car carrier attacked by pirates off Somalia, but manages to avoid capture.
Teekay sells Vancouver-based tanker owner unloads 20-year-old Barrington for $5.1m.
Ferry stupid Why would BBC's Top Gear show fire a Renault at the back of a Stena ship?
Turkish bulk carrier freed The Turkish owned bulk carrier MV Horizon I was released on Monday after being held by pirates since July 8. The vessel, with 23 Turkish crew members, was hijacked in
HH Ferries cuts half its staff HH Ferries has given notice to 100 employees, of whom 60 persons are working on the ferries Mercandia VII and Mercandia IV, while remaining are land based personnel. The noticed
Bore to close 'bo office The Rettig-owned shipping company Bore is planning to close down its office in 'bo. Negotiations have been initiated with the staff who are being offered work in Mariehamn or
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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