Fighting Somali pirates with private navies More Somali pirates than ever before may be taking to the water in the coming months, and proposed strategies against them range from installing 'panic rooms' to hiring mercenary escort warships.
Shipping disrupted in Houston channel The Houston Ship Channel will remain closed to most inbound and outbound vessels until this evening because of damage to an electrical tower that supports power cables running over the shipping lane, the US Coast Guard said in a statement.
K + N and Panalpina come to terms with US watchdogs Panalpina and Kuehne + Nagel (K+N), two Swiss global forwarding and logistics corporations, have agreed to resolve two antitrust violation issues with the US Department of Justice'...
Ceva signs asset recovery services agreement with Belmont The logistics service provider and SCM specialist Ceva Logistics has signed an asset recovery services (ARS) agreement with Belmont Trading, a leading company in recovering and rec...
Delmar sells Federated International The Canadian logistics, freight forwarding and customs brokerage service provider Delmar International has sold its Buffalo NY (USA) office, which operates under the name Federated...
LOT Polish Airlines supervisory board finds new president Following the resignation of Sebastian Mikosz, the supervisory board of LOT Polish Airlines requested Zbigniew Mazur, a member of the same board, to take on the duties of...
JadeWeserPort: 25% of space already taken About a year after a pan-European call to tender for logistics sites at the JadeWeserPort, the German company Logistics Zone has drawn up a positive balance: definite plans to use ...
One of the world's largest ro-pax ferries - the Stena Britannica - sets sail Stena Line recently presented its new superferry the "Stena Britannica". Nordic Yards began construction of the second vessel of this kind in April 2008. The ship wi...
Houston channel shuts down MAJOR delays are expected at the largest oil and products port in the US after an accident forced the closure of the Houston Ship Channel, Fairplay has been told
Box lines, shippers seek peace EASTBOUND trans-Pacific carriers have set up a new forum aimed at easing tension with US importers
Navy thwarts pirate attack A GERMAN naval frigate has helped a Greek VLCC escape from pirates in the Gulf of Aden
Beijing gives $5Bn Greek promise CHINESE premier Wen Jiabao has announced that Beijing will set up a $5Bn fund to finance Greek newbuilding projects at Chinese yards
PNSC plans vessel buys PAKISTAN'S PNSC has unveiled plans to acquire a number of second-hand Supramax and Handysize bulkers
VLCC supply hits high THE SUPPLY of VLCCs in the Persian Gulf in the next four weeks has hit a six-year high of 116 vessels, according to Oslo's Arctic Securities
Diana taps Chinese funding DIANA Shipping announced today that it has secured a loan from the Export-Import Bank of China, a growing source of newbuild finance for shipping
New money hits loan tables Shipping loans creep closer to eight-quarter highs as banks dig deeper into back pockets.
Global grabs piping hot deal Middle Eastern oil firm picks US offshore vessel owner for pipelay contract.
OIG tosses IPO on ice Offshore Installation Group pulls the plug on Norwegian listing as roadshow misses the $130m mark.
Q4 rebound will be 'muted' Fearnley Fonds lowers spot forecasts amid fears seasonal bounce in the tanker market will disappoint.
Big John bags Northern bite Tycoon's investment vehicle builds up 32.28% stake in Oslo-listed driller while daughter Cecilie sits in the drivers seat.
JES books more bulkers Pitiousa Shipping of Greece among owners penning new contracts in China.
DryShips drill deal gets bigger George Economou had more good news today after an extra well was added to a key offshore contract penned by DryShips last week.
Queue stretches at Fos-Lavera Backlog grows to 41 tankers as port strike enters eighth day in France.
Pirates freed after foiled VLCC attack German navy prevents hijacking of Dynacom tanker but lets the perpetrators go.
Montenegro targets eight ships Philippines line is scouting for ro-paxes in Japan to serve new routes.
Ennore port goes for IPO Indian terminal to seek state permission for fundraising share issue.
Jebsen brothers split In a shock move Kristian and Hans Peter Jebsen divide up the family's shipping companies.
Juicy scrap deal for Atlanship Swiss owner scraps tanker in India amid expectation prices are set to fall.
Tax boost for Canadian owners Finance minister Jim Flaherty says ship import duty waiver will save companies CAD 25m per year.
Diana buy will kick-start spree New York-listed owner's post-panamax purchase is the start of a more aggressive phase of acquisitions, analyst says.
SCI to order Chinese VLCCs Jiangsu Rongsheng yard linked to four-ship deal with Indian owner worth $427m.
Spot VLCC supply "astonishing" Imarex says116 tankers available for cargoes over next month, a six-year high.
Euro yard aid under review European Commission to decide whether shipbuilding aid rules will be axed.
Two taken from tanker in Nigeria Captain and chief engineer kidnapped from Belgian-managed vessel off Bonny.
BC ship out of service Sailings cancelled as Canadian vessel suffers electrical problem.
Stella Moon auctioned off Second Stella Shipping cargoship fetches $2.4m after being seized in Singapore.
GE confirms tanker sale Another single-hulled tanker is on its way out of the Bombay-listed shipowner.
Dockwise schedule gets heavier Dutch owner clinches another nine jack-up and barge transport contracts worth $33m.
Man overboard off Denmark Search halted for Russian who fell from South Korean capesize without life vest.
Houston shut by barge bash Much of key US port inaccessible after barges smash into electrical tower in narrow channel.
Goldenport appoints Martin Paris Dragnis-led shipowner adds two to board including former head of Greek shipping for RBS.
Fairstar confident in China Heavylift company says it has no concerns about ordering hi-tech newbuildings at Chinese yard.
Quah quits Rickmers Trust Chief financial officer to leave Singapore-listed containership outfit to "pursue other interests".
Greeks seal China funds Angelicoussis, Diana and Economou tie-up finance in breakthrough deals with China's Eximbank.
China cargos to stay robust Commodity complications mean good news for all dry bulk segments, says Commodore
Asia's big growth potential Region's emerging economies offer huge potential for expansion in crude demand says ICAP analyst.
Hsu still worried over bulk Courage Marine chairman remains concerned about further potential bulker sector woes
Cargoship and trawler collide No injuries reported after Hong Hong vessel involved in collision off Japan.
Heavylift may see short fall Increase in big infrastructure projects may create vessel shortage, says Fairstar boss
Ban on sewage water from cruise vessels in the Baltic IMO's Marine Environment Protection Committee has agreed on a ban of untreated sewage water from cruise vessels in the Baltic Sea. The ban can enter into force in 2013 for
Second Stella vessel sold on auction Stella Shipping, Marstal, have "lost" their second newbuilding in a forced sale in Singapore on request from their bank, Nova Bank, the former Fionia Bank. The ship, Stella Moon, was
Assens Skibsværft signs for new Fur ferry Fursund Færgeri has signed a contract with Assens Skibsværft for a new ferry for the run between the isle of Fur in the Limfjord and the mainland. The new ferry
Bore back in Turku After a docking at Turku Repair Yard in Naantali, the passenger vessel Bore (ex Kristina Regina) arrived to her original home port Turku on October 3, 2010 to be permanently
Fujairah bunker numbers go up Tight avails reported in Suez.
MEPC 61 approves steamship exemption from ECA sulphur limits US proposal, with modifications, is allowed to go forward for possible adoption at next IMO committee meeting.
Oil spilled during bunkering Pertamina deploys clean-up team.
Bunker prices firm in Rotterdam Avails are healthy and demand is normal in Piraeus.
Norway in bid to fast-forward IMO's GHG regulation After failure at MEPC 61, Norway will use IMO procedures to ensure draft regulatory text is circulated in time for next MEPC meeting to consider adoption.
Saudi fuel oil demand could fall Power stations will switch to gas whenever it becomes available.
MEPC 61: Disappointment at lack of GHG resolution IMO 'risks loosing control' over GHG regulations for global shipping and could have decisions imposed.
'Slow' bunker sales for Iran Annual volumes could be down year-on-year.
Bunker prices in Hong Kong see $20 hike Generally quiet market at key Asian bunker ports.
Japan steel company places 200,000 mt bunker fuel order For its fleet of iron ore bulk carriers, traders say.
'Perception' biggest challenge for slow steaming ops Reduction in speed 'would not mean slowing trade', say heads of WWL and WWF.
WFS acquires Western Petroleum Company Further expands land-based fuel and general aviation businesses, according to WFS.
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