Shares of Dalian Port surge in Shanghai debut Dalian Port shares rose as much as 45 per cent on their first day of trade in Shanghai yesterday after the company raised 5.7 billion yuan (S$1.12 billion) in its downsized Shanghai public offering.
Shipping under pressure to cut emissions In an era when industries are competing to shrink their carbon footprints, shipping has charted a slower course.
TNT to be split up into two separate companies on 1 January TNT's CEO Peter Bakker has said that the Dutch mail and logistics service corporation will separate into two companies on 1 January 2011. Each entity - one in the mail segment and ...
In Time Express Logistik opens branch office in Czechia The German courier and express service provider In Time Express Logistik established its first branch in Czechia in November. The new centre in Pilsen is In Time's 20th office in a...
Logwin expanding logistics network in China Logwin has opened a new high-end logistics centre in Shanghai, to meet growing demand from international and local customers for value-added services. Located in Waigaoqiao, the 2,...
Port of Helsinki wins social integration award The European Sea Ports Organisation (ESPO) has given this year's port social integration award to Helsinki. The jury rated the participating ports in terms of their urban area coop...
European plan of action to strengthen air cargo security A European plan of action to strengthen air cargo security was decided upon last week, in response to the recent discovery of explosive devices concealed in air cargo originating f...
Transportation worker identification programme being tested in Long Beach John S. Pistole, the administrator of the US transportation security administration, visited the port of Long Beach with other federal officials to witness at first hand the testin...
Tenth multipurpose heavylift freighter for Rickmers The delivery of the "Rickmers Masan" has brought the multipurpose heavylift vessel fleet of the German shipping line Rickmers to ten ships. The unit was constructed at th...
Bulk chemical trade volumes set to expand Seaborne movements forecast to hit 189m tonnes in next two years
The chill wind that threatens to bite deeper...
Chinese yard secures bulker for scrap at $48 per ldt above benchmark A Chinese yard has bought a large bulk carrier at a price on a par with rates on...
Cold snap keeps BDI hot THE BDI today gained again on stronger demand to ship coal to Europe to respond to its deep freeze
US car export boon seen A NEW US-South Korea trade agreement will dramatically increase US car exports to South Korea, sector analysts told Fairplay today
Bulker limps to safety RESCUERS towing the disabled bulker Golden Seas off Alaska chose a longer route to safety today to avoid rough seas
MOL seeks consolidation JAPAN'S MOL has told Fairplay it wants to use its improved credit rating to consolidate its operations. Full Story >>
USC said to target yards RUSSIA'S Oka and Nevsky yards, owned by Vladimir Lisin, are being targeted for a buyout by government-owned USC
Tongan tipple crushed TONGAN customs is offside with the South Pacific nation's Rugby League after thousands of bottles of wine ruled to have been imported illegally were destroyed
Gorgon safety audit urged UNION representatives met Western Australia's WorkSafe authority today to demand a new safety audit
Kayne hikes VLCCF holding LA investment fund emerges as a leading shareholder at John Fredriksen-led Knightsbridge after trebling its stake.
Photo competition remains wide open TradeWinds' Maritime Photographer of the Year contest is so far evenly balanced with no entry getting more than 20% of the votes.
Tidewater in "acquisition mode" Spokesman for US-listed offshore giant says owner is still interested in expansion but newbuildings are not a likely target.
RBS targets rich Greek owners Ex-Barclay's banker Elena Mavrogonatou to head new wealth management team at RBS-owned Coutts.
Frangou tapped for coveted cap Louis Dreyfus poised to pass on Connecticut Maritime Association's commodore award to Navios boss Angeliki Frangou.
Croatian officer in fatal fall Seafarer succumbs to injuries after tumbling into cargo hold of Croatian bulker Startramp.
Sevan Marine seeks bond boost Oslo-listed offshore outfit returns to bond markets with $116m proposition.
Bangla bulker feared hijacked Somali pirates have seized Bangladeshi handymax Jahan Moni in Sunday raid off Indian islands.
Russian passenger ro-ro capsizes Primorets developed list at Vladivostok as cement-filled trucks were unloaded.
Drilling deja vu for DryShips? Nasdaq-listed owner could relive its newbuilding funding issues with optional drillships, analyst warns.
Great Eastern scraps another Indian owner disposes of ageing products tanker with the Jag Pragati the latest to head for the Pakistani beaches.
10 missing as bulker sinks Chinese seafarers feared lost after Fuzhou Xinjiahong supramax goes down between China and the Philippines.
Cape scrapped for $10m in China Chinese owned bulker becomes the 20th capesize to be scrapped this year, brokers say.
SCI share offering sells out Indian owner's follow-on stock issue over-subscribed five times as it grows newbuilding fund.
Investors like look of Dalian Chinese port's shares soar 45% on first day of trading since Shanghai IPO.
Strike two for Jinhui Shipping Oslo-listed bulker owner chops its second newbuilding in under a week, walking away from another $6m.
Narrow escape after crane fall Seven workers have close shave when 400kg gantry falls from dredger in Thames.
Six saved in Royal rescue Cruiseship Monarch of the Seas plucks group of likely illegal immigrants from boat off Bahamas.
Cargoship grounds in Hooghly river Indian vessel gets stuck near site of serious collision involving Tiger Spring in India.
James Fisher still buying UK marine group makes another capture, paying '1.4m for Maritime Engineers in Australia.
Ferry jumpers plucked from N Sea Two suspected drug smugglers nabbed off UK after abseiling from Stena Line ship.
Paragon bulker under tow Rescue vessel attaches towlines to panamax bulker left without power of Aleutian Islands.
Double salvage score for Smit Royal Boskalis wing secures boxship salvage deals on either side of India.
Vale set for HK debut Roger Agnelli-led iron ore producer is set to start trading in Hong Kong from Wednesday.
Glencore eyes London IPO Media reports over the weekend suggest that the commodities giant is preparing to float in the UK.
Rio eyes $3.5bn takeover Mining giant looks to devour operations in Southern Africa through Riversdale acquisition.
DNV skips ballast water DNV has launched a concept vessel, which in its VLCC version will not need any ballast water. "A traditional tanker in unloaded transit needs ballast water to obtain full propeller
Bangladeshi vessel hijacked near Indian coast The Bangladeshi owned bulk carrier Jahan Moni has been hijacked in the Indian Ocean some 1,300 nautical miles of East of the Somali city of Eyl and 300 nautical miles
Wind power service ship from Hvide Sande Hvide Sande Skibs- & Bådebyggeri has delivered another vessel to the offshore industry. It is the Wind Transporter, a vessel designed to transport service personnel from shore to the wind power
Norden orders handysize quartet Danish Dampskibsselskabet Norden has placed an order for two handysize newbuildings at the Japanese shipyard Onomichi Dockyard for an undisclosed sum. Upon delivery, the vessels will be long-term chartered
Whistleblowers each awarded USD 125,000 Turkish Atlas Ship Management has pleaded guilty in a US District Court in Tampa, Florida, to federal charges of making false statements and knowingly failing to accurately maintain an oil
Another drunken captain caught in Danish waters Denmark has seen another case of a drunken captain running aground with his ship. This time it was the Dutch captain on board the coaster Little Jane, which went aground
Stenas takes over two routes on Irish Sea Stena Line is investing heavily on the Irish Sea and has purchased two routes from DFDS Seaways. The deal, which is worth EUR 47.5 million, includes four vessels and
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