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Tanker charter rates fall as demand slows ahead of public holidays
Fri, 11/27/2009 - 12:55Rates to ship two million-barrel cargoes of Middle East oil to Asia, the world's busiest route for supertankers, dropped for...
Portuguese Navy thwarts Somali pirate attack on cargo ship
Fri, 11/27/2009 - 12:53Portuguese Navy frigate Alvares Cabral, leading a NATO anti-piracy mission off the Somali coast, has prevented an attack on a...
Lobbying hard for IMO seat
Fri, 11/27/2009 - 12:51Malaysia is heading to the International Maritime Organisation (IMO) Council polls today with a burst of last-minute effort to woo...
China lines break even on Asia-Europe run
Fri, 11/27/2009 - 12:45The stormy waters of the global financial crisis are finally starting to recede for shipping lines such as China Shipping...
Private Investors Join CMA CGM Talks
Fri, 11/27/2009 - 12:43Equity Groups, Banks Could Take Stake in Debt-Ridden French Carrier Private investors on Thursday joined key talks between CMA CGM...
Swedish minister tell shipping to cut emissions by 20%
Fri, 11/27/2009 - 07:47At this week’s meeting of the European Parliament Sweden’s Minister for the Environment, Andreas Carlgren, emphasised the importance of reducing...
Eitzen Chemical - Revised agreement with banks secured
Fri, 11/27/2009 - 07:47Eitzen Chemical ASA is pleased to announce that the company has signed amended agreements with its banks that secure additional...
MAN Diesel: Upgraded Alpha Propeller/Nozzle gives superior performance
Fri, 11/27/2009 - 07:47The propeller designers and PrimeServ staff at MAN Diesel Frederikshavn, Denmark could sit back satisfied on 12 October when a...
Experts: Nigerian pirates may be extending reach
Fri, 11/27/2009 - 07:47A bloody pirate attack off Benin's coast is raising concerns that Nigerian pirates — operating on the opposite side of...
Nigeria: Representatives Pledge Quick Pasage of Shipping Institute Bill
Fri, 11/27/2009 - 07:47SPEAKER of the House of Representatives, Honourable Dimeji Bankole has assured stakeholders in the maritime industry of a quick and...
Zim troubles drag Israel Corp. down to loss
Fri, 11/27/2009 - 07:47Israel's largest holding company, Israel Corp. (TASE: ILCO) reported a third quarter net loss of $11 million, compared with profit...
The World's Largest Shipping Line to Call at South America's Most Modern Container Terminal
Fri, 11/27/2009 - 07:47Maersk Line and DP World Callao sign agreement to call at “Muelle Sur”. DP World Callao, the concessionaire for the...
Owners and Charterers should liaise on vessel routeing
Fri, 11/27/2009 - 00:00Shipowners and charterers should liaise more closely with their shipboard teams when calculating vessel voyage distances as they could face...
Oman Shipping inaugurates gas tanker Al Musanaa
Fri, 11/27/2009 - 00:00Oman Daily Observer reported that Oman's extra large gas tanker Al Musanaa was inaugurated during a ceremony as part of...
Asian Container Carriers To Reduce Shipping Capacity To US
Fri, 11/27/2009 - 00:00Statements from K Line, Hanjin Shipping and partners, state that they will reduce container services between Asia and the North...
Gas as Ship Fuel - GL Drafts Guidelines
Fri, 11/27/2009 - 00:00Engine problems and damages from the effects of low quality heavy fuel oils will be a thing of the past...
Watchkeeper: A fair share of the sea
Fri, 11/27/2009 - 00:00The sea may be free at point of use, but it has always been shared. Commercial shipping and fishing craft...
Enforce onboard cadet training, urges Thome
Fri, 11/27/2009 - 00:00The global officer shortage could be solved if legislators enforced owners to take a minimum number of cadets onboard, say...
Norwegian Frontline seen to post USD2m pre-tax loss in Q3 '09
Fri, 11/27/2009 - 00:00Oslo-listed tanker operator Frontline Ltd (OSL: FRO) is expected to have slipped to a pre-tax loss of USD2m in the...
Singapore: Marine sector bent on raising safety standards
Fri, 11/27/2009 - 00:00The marine sector took several important steps towards improving safety standards with the release of the WSH 2018 for Marine...