Adani picked to develop coal port in Queensland Adani Group, India's biggest coal importer, was picked to develop an export facility for the fuel in Australia, a spokeswoman said.
Evergreen Group buys 10 vessels from CSBC: report Taiwan's Evergreen Group will order 10 ships from the island's leading shipyard for US$1.03 billion, powering ahead with a plan to more than double its container fleet, a report said yesterday.
'Barefoot Bandit' nabbed after high-speed boat chase For two years he stayed a step ahead of the law - stealing cars, powerboats and even aeroplanes, police say, while building a reputation as a 21st-century folk hero. But Colton Harris-Moore's celebrity became his downfall.
DNV surveyors find asbestos on more newbuildings Turkish and Chinese yards allegedly continue to use the mineral despite 2002 ban
Chemtanker newbuilding loaded with asbestos
Frontline scraps two tankers at higher prices Kuwait vessels raise concern
Alarm over asbestos
Grindrod ready to pounce on distressed sales Company eyeing either individual ships or company fleets
OACL eyes its first ship buys
CMA CGM rejects Qatar loan Jacques Saade says conditions of the terms the investors were asking were 'too...
Speculation mounts over CMA CGM Qatar loan...
More bad news for steel and iron ore as freight rates continue to fall Chinese ore imports down, while European steelmakers warn of lacklustre recovery
CMA CGM predicts bumper year CMA CGM is on course for one of its "best years" after losses of over $1Bn in 2009, the French line's CEO told Fairplay today
DFDS completes Norfolkline deal DANISH ro-ro company DFDS confirmed to Fairplay today it has completed its purchase of Norfolkline
LA port strike grows UNION workers responsible for processing cargo at the busiest box port complex in the US have expanded their strike by walking out on a fifth terminal
Saudi Arabia plans port upgrades SAUDI Arabia expects to spend $100Bn over the next decade on transport development including five port projects, IHS Global Insight reported today
STX Offshore wins LPG contract STX NORWAY offshore has confirmed that it has won a $536M contract to build eight LPG carriers at its new Brazilian shipyard
Russia to maintain wheat exports THE RUSSIAN government says it will sustain levels of export shipments of grain from its Black Sea and Sea of Azov ports, despite what it calls a "killer drought" in the country
Grace emerges in bulker deal Mysterious shipowner tied to sale of Eastwind Maritime-managed ship abandoned at Tripoli, sources say.
GSP pens PSV deal in Bulgaria Romanian offshore outfit lands second contract to support drilling campaign.
Saldanha hijacking ruling to stand Judge rejects Cosco application to take landmark judgment on freight hire during pirate detention to appeal.
OPCO digs Diamond rig gig Diamond Offshore's Egyptian rig relocation may spark shift in Obama Administration's moratorium sentiment, analyst says.
Cosco bags Danish wind ship deal Danish green energy firm A2Sea signs for $139m wind turbine installation unit at Cosco Shipyard.
Stolt-Nielsen leaves Luxembourg Niels Stolt-Nielsen-led parent of tanker titan packs bags with sights set on warm weather tax haven.
Citi flags container fears Bank places a sell rating on a batch of Asia's leading liner lights, suggesting the rate recovery is peaking.
Navios gulps tanker tonic Angeliki Frangou-led Navios Maritime Acquisition charters products pair as tanker newcomer cashes in on $458m splash.
CSCL tips return to the black Hong Kong-listed container line says it will return to profit in the first half of 2010 after market regains momentum.
Sale boost for Mermaid Maritime TTA's offshore shipowning arm books $12m profit after offloading shares.
Severn Link tests the water UK start-up puts two ferries up for sale after shelving new link between Wales and England.
Transpetro pens $536m LPG deal STX-backed Brazilian greenfields site finally confirms eight-ship, $536m order from Petrobras shipping arm.
Norway's eye in the sky New mini-satellite launched to help collision-avoidance in Norwegian territorial waters.
Paul could be on the Case Germany's leading World Cup pundit may offer the best hope of predicting the BDI, Clarksons says.
CSDC in half-year cheer Booming markets and increased capacity set to boost first-half profit over 50% at China Shipping Development.
Petrobras payout to Aeolos slashed Brazilian oil major wins big reduction in compensation payable to Embiricos over hard fought tanker chartering dispute.
TTA in $120m loan refinancing Bangkok-based bulker owner Thoresen Thai refinances loans with double debenture sale.
Milford Haven handling more UK oil port posts lower pre-tax profit for 2009, but cargo volumes up nearly 12%.
Bibby bitten by downturn UK shipowner faced "harsh" trading conditions in 2009 as profit dropped 32%.
White-collar threat to LA Ongoing clerical workers strike at two US west coast ports could finally have an effect on shipping.
Fairytale start continues Statoil hires new Transatlantic anchor handler for three wells, the first of which will be near the Snow White field.
Greatship sells anchor-handler Great Eastern offshore arm sheds modern AHTS despite upcoming IPO.
Full house for Denmark's DFDS Ro-ro player sells all its offered shares, bringing in DKK 555m for its Norfolkline takeover.
Yantar starts research work Russian shipyard begins construction of oceanographic vessel for defence ministry.
Thais scrap panamax Nathalin-owned tanker headed for Pakistan breakers as few scrap candidates emerged last week.
Omega admits breach of covenant George Kassiotis-led tanker owner working to refinance and may raise capital as late reports finally filed.
Sevan eyes $200m bond pot Oslo-listed offshore outfit wants cash to clear debt and take sole control of an FPSO.
Jinzhou port at the double Chinese terminal increases first half net earnings by 107% as revenue grows.
Seadrill snaps up jack-up John Fredriksen-controlled company picks up drilling unit re-sale from Singapore's Jurong Shipyard.
CMA CGM eyes $1.8bn Jacques Saade-led liner behemoth reportedly makes nearly $1bn operating profit in first half.
Off-hire sinks EOC into red Singapore-based offshore and heavylift outfit looks to end year on the up after posting third-quarter loss.
OOCL rates keep rising Hong Kong owner plans second rate increase in a month on Southeast Asia to Australia route.
Onus on Black Rose owner India's Paradip port rules out dismantling sunken bulker, saying it is Pacmar's responsibility.
Prices show mixed movements South European markets show gains.
Horizon Lines cuts fuel surcharge Matches recent move by Matson.
Tug and barge company fined after fuel transfer spill Investigation determines the cause was primarily due to the crew failing to follow oil transfer policies.
Prices weaken in Fujairah, Suez Poor demand in Durban.
Wartsila and Maersk in slow steaming kit deal Deal signed for 34 container ships, additional fuel savings expected.
Lukoil launches Italian bunkering operations Product comes from refinery near Augusta, fuel oil said to have lower sulphur content than typical for the region.
IFO prices at key ports start week soft Bunker prices fall across all key ports on Monday.
ENOC confirms end of Fujairah offshore operations Faced 'significant impact' from global economic downturn.
Chimbusco posts lower bonded bunker sales in June But sales in the first half of 2010 have surpassed total sales in 2005.
Brightoil in acquisition talks Expects to post 'increments' for the first six months of 2010.
NYK Line 'welcomes' ISO 8217:2010 Suppliers' 'responsibility' to ensure the new spec bunker fuels are available, says company spokesman.
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