Somali pirates hijack chemical tanker Somali pirates armed with rocket-propelled grenades and automatic guns hijacked a chemical tanker off East Africa with 22 crew members on board, the European Union Naval force said last Saturday.
Clare Snaith new senior sales manager at Norbert Dentressangle UK The French logistics service provider Norbert Dentressangle has appointed Clare Snaith as its new general manager for sales, consumer electronics and drinks in the United Kingdom. ...
GAC sets up energy industry specialist branch in Houston GAC has strengthened its global energy and logistics network with the establishment of GAC Energy & Marine Services (GEMS) in Houston TX (USA), a key international maritime and...
DSV wins Aberdeen oil and gas contract DSV Projects, based in Aberdeen (Scotland), has won its first major oil and gas contract, after working closely with colleagues at DSV Norway to secure the business. The contract a...
UPS establishes alliance with alibaba.com UPS has formed a strategic alliance with AliExpress, a new online wholesale market place launched by alibaba.com, one of the world's largest small business e-commerce companies. Al...
DHL invests in forwarding and SCM business in Pakistan DHL has invested USD 9 million in the strengthening of its freight forwarding and supply chain operations in Pakistan. The funds will go towards upgrading warehouses, the entity's ...
New Durban airport starts handling cargo The cargo terminal at the new Durban King Shaka airport (South Africa), which is managed by the public company Dube TradePort, passed its initiation on 1 May when it received its f...
UAL opens express route from South Africa to Nigeria Universal Africa Lines South Africa (UAL SA), the specialist shipping line for cargo to and from the West African oil and gas fields, has opened a direct express service to Nigeria...
Intertanko calls for more aggressive action against pirates Chairman says more aggressive rules of engagement needed as captured hijackers evade prosecution
Shanghai box index shows transpacific jump Shanghai Container Freight Index provides more evidence of sector's recovery
Scan-Trans picks up Oslo Bulk Shipping deal Scan-Trans to manage nine 8,000 dwt geared bulk vessels under construction at Yangzijiang shipyard in China
J.Lauritzen offers six for Marinvest tanker pool Danish shipowner aims to take ownership stake in newly-set up Hafnia Shipmanagement
Tanker fleet facing scary demand scenario Sector could be at the start of another 40-year supercycle, warns Clarkson's Martin Stopford
Alabama braces for worst case ALABAMA port officials said today the Gulf of Mexico oil spill could potentially cripple a major US industrial region if weather conditions change
UK shipping officials lose SHIPPING minister Paul Clark and the parliamentary undersecretary of state for transport, Chris Mole, were among the Labour politicians who lost their seats in the UK general election
MOL confirms bulker loss MOL TODAY confirmed the loss of Bright Century, a bulker that sank on 2 May after a collision with Sea Success in the northern Yellow Sea
Trico warns on debt payments SUPPORT vessel operator Trico Marine cut its losses in the first quarter but still does not expect to meet its debt commitments in the next year
Eagle Bulk profits plunge EAGLE Bulk Shipping said today its profits fell by 73% in the first quarter on tough year-on-year comparisons as it pursued its newbuilding programme
Spill scraping back-up feared PORT OF New Orleans is reportedly preparing today to scape oil off every arriving ship, as the spill from the Deepwater Horizon disaster drifted within two miles of the Southwest Pass
DNV green survey slams EU NORWAY'S classification society DNV today said many maritime companies see the EU as incapable of controlling shipping's sulphur limit
This Greek tragedy is set to run and run A Greek tragedy would normally be performed in March or April - it is a form of art based on human suffering that offers its audience pleasure
UK limbo politics unnerves markets
Asian shippers continue campaign over EBS
MISC slides in FY2009/10
Hamburg Sud and CCNI bump up capacity on Asia/South America trade
Panama Canal: 'a port with terminals in two oceans'
Criminal question V. Ships' Bob Bishop makes impassioned plea for fair treatment of officers involved in accidents at sea.
Euroseas snags time charter Aristides Pittas-led shipowner set to bank $16.5m after tying up contract for a panamax bulk carrier.
Owners storing up problems Consultant Odd Anker Hassel warns tanker players of the risks of storage deals when contracts end.
Ships land on 'wanted list' Anonymous inquisitors with arrest ambitions hunt ships through website that boasts 200 members.
Solstad suffers spot shiver Rough ride in the first for offshore outfit as profits slip but it may gain traction as action accelerates in the North Sea.
TBS back from the brink Joseph Royce-led shipowner secures its future after amending troublesome loans stretching to $340m.
Lauritzen in Hafnia deal? Marinvest spin-off Hafnia said to have bagged deals for Torben Janholt-led J Lauritzen tankers.
Insurers pay Transocean loss Underwriters mainly in Bermuda and London settle $560m loss of the Deepwater Horizon.
Teekay turn around in 2010 Teekay president Graham Westgarth says tanker markets are already better so far this year than in a tough 2009.
Eitzen Maritime given more space Oslo-listed shipmanager and chandler wins a further few weeks to fix its troublesome bond loan issues.
Hebei Spirit master tells of despair Jasprit Chawla says he thought he would never leave Korea after spill, but thanks Intertanko for support that helped free him.
Turning negative to positive? Oil analyst Michael Economides says effective management of the US Gulf oil spill could improve drilling demand in the long run.
Ugland wins $5m Staddeland spat Norwegian owner comes out on top in courtroom tussle with former boss Kjell Rune Staddeland.
Quotes of the week The BP rig disaster in the Gulf of Mexico will spill over into tankers and is your bank chasing you for cash?
Cantor upgrade for Excel Maritime Deleveraging efforts prompt Cantor Fitzgerald to remove its sell tag from New York-listed bulker owner.
MOL: sunken cape was ours Japanese giant unmasks itself as the owner of the Bright Century as China battles 5km long slick near crash site.
New5 in Numb3rs Morten Arntzen's pay packet shrinks while Vela sheds a chunk of its single-hull VLCC fleet to Vale for conversion.
Intertanko still has work to do Chairman Graham Westgarth highlights achievements of first 40 years, but says big challenges remain.
Legal let-off for Novoship 'pirates' Suspected hijackers of aframax Moscow University sail to freedom as crew could not identify them.
Knutsen Offshore offer scaled back Norwegian owner sticking with share issue timetable but it's unlikely to hit $500m target, report says.
Cost cuts boost SembCorp Singaporean offshore shipyard group improves profit in first quarter as expenses kept in check.
Hallin in Angola breakthrough Offshore shipowner secures $8m charter for subsea operations vessel off West Africa.
Sales dive batters Bonheur Much weaker drilling revenues and weaker results from shipping send Norwegian owner to big profit drop.
Trico cuts loss in half Joe Compofelice-led US owner still in the red in the first quarter but slashed costs combat reduced sales.
Inui Steamship profit plunges Japanese bulker owner's full-year bottom line battered down by plunging revenue.
Kyoei Tanker up for now Japanese owner does better in 2009 but tips its bottom line to drop over the next 12 months.
Kawasaki Kinkai clobbered Current financial year to only show marginal rise as K Line unit sees profit dive 60%
Sado upbeat but still red Japanese hydrofoil owner stays in deficit in the first quarter but banks on strong second half.
First verdict in Arctic Sea case The Moscow City Court has issued the first verdict in the Arctic Sea hijacking case. Estonian native Andrey Lunev from Tallinn was sentenced to five years imprisonment for his participation
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