Drydocks World adds 2 berths for FPSOs Drydocks World-Dubai is signalling its rising strength in the shiprepair and conversion space with the addition of two new berths capable of doing large floating production storage and offloading (FPSO) vessel conversions.
M-East tanker supply drops on unexpected Asian ship demand The supply of supertankers competing to ship Middle East oil shrank for a second week after an unexpected increase in demand last week for vessels to collect the region's oil.
Asia-Europe cargo slump shows signs of slowing BOX lines serving the shell-shocked Asia-Europe trades enjoyed some respite in March as the pace of decline slowed.
MISC to quit Asia-Europe trades
Suez Canal Authority stands firm on transit tolls LINER firms prepare to divert more services around the Cape of Good Hope after failing to secure concessions.
Steamship warns claims costs reduction will not last RECENT reduction in claims costs might not last into 2010, despite the shipping downturn, says chief James Stockdale.
FESCO cancels credit rating RUSSIAN fleet operator FESCO today cancelled Moody's credit ratings for the company until further notice
Oz navy drives pirates away AUSTRALIAN warships have foiled a pirate attack on a UAE tanker and a box ship in the Gulf of Aden
Szczecin yard sold to Gdynia buyer UNITED International Trust, the investor that acquired the most important assets of Poland's Gdynia yard last week, has also bought those of its counterpart in Szczecin
German ports lose ground HAMBURG and Bremerhaven shed market share in northern Europe's box handling in this year's first quarter
Two sought after Singapore sinking TWO PEOPLE are reportedly missing and several injured after a fire broke out this morning on a tanker off Singapore
22-day Cochin strike ended A STRIKE at Cochin's port over manning issues was called off today after a deal was struck between trade union leaders and management
Wilson Sons gains Profits grow at Brazil's Wilson Sons, despite 14.5% slump in revenue at the offshore vessel and terminal player.
Off the rocks Cash call allows James Stockdale led Steamship Mutual to steer way through portfolio peril.
Close call Emarat Maritime confirms aframax attack and releases pictures showing pirates at close quarters.
Flu costs millions As it prepares to return to Mexico, Carnival Corp says the swine flu itinerary changes slashes an estimated $0.05 per share from earnings.
MEND blockade Nigerian militant group threatens to block waterways used by vessels serving the country's oil industry.
TEN tumbles Nikolas Tsakos-led company sees bottom line slump but figures measure up well against Wall Street expectations.
Losses shrink Windstar Cruises parent Ambassadors International trims its losses in first quarter as it sheds non-cruise assets.
Attack pictured Escape from pirates by new aframax and MSC-chartered boxship snapped by Australian Navy.
Ire at 'evil police' Somali piracy commentator Andrew Mwangura hits out after Kenyan authorities drop charges.
Second death For the second time in recent days, a Ukrainian seafarer was found dead in a cargoship in Brazil's Bahia state.
Costly for Essar Indian tanker, bulker and ports group's annual profit slashed as expenses rise.
On the mend? Indian shiprepairer WIS cut its losses in year to 31 March, but raw materials and interest costs rise.
Sjotveit quits STX Europe CEO makes hasty exit and is replaced by Sang-Ho Shin.
Torm sells two bulk carriers Dampskibsselskabet Torm has sold two of its Panamax bulk carriers to an undisclosed buyer. The sale has been announced in a statement to the OMX Stock Exchange in Copenhagen saying
Scrapping convention adopted An IMO diplomatic conference has adopted the International Convention on Safe and Environmentally Sound Recycling of Ships. The convention has been heavily criticised by several lobby organisations for not regulating
New Russian steps toward shipping protectionism The maritime department of the Russian Transport Ministry wants to replace the Norwegian barge UR-91 with a Russian barge for the transportation of two drilling rig modules to the
IMO report: GHG reductions can be profitable New GHG study identifies potential for 25-75% efficiency improvements, cutting industry's costs and emissions.
Prices start week mixed Prices softening in Southern Europe
Bunkering continues as normal following earthquake Port operations unaffected after tremor shakes California.
Plans could create more bunkering capacity Gibraltar studying options for expanding port services to Eastern Anchorage.
$70 million Q1 loss for STX Pan Ocean 43% decrease in bunker fuel cost, but sales drop 66%.
Fuel removal starts on sunken cruise ship Louis Hellenic Cruises to pick up bill for operation two years after vessel went down.
Bunker prices fall Similar price drops seen in Singapore and Hong Kong on Monday.
Pakistan supplier moves beyond domestic market Local barge operator starts offering bunkers to international vessels.
Scientists design new method to detect oil spills Scientists base technique on electrical conductivity.
Saudi Aramco in oil spill exercise Countries in the Arabian Gulf conduct regional oil spill drill.
Shipbuilding contract disputes need 'open dialogue' Defaulters should approach yards with 'clear proposals', lawyer says.
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