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Updated: 5 hours 4 min ago

Maersk expands in US Gulf

Tue, 06/01/2009 - 02:00
Maersk Line will be adding a fourth vessel and three ports of call to its weekly north-south Espreso service linking...

ZIM and MSC will Swap Slots on their Israel- Adriatic Strings

Tue, 06/01/2009 - 02:00
MSC and ZIM agreed to swap slots on their Israel – Adriatic lines MSC’s Adriatic Service and ZIM's ADX Service....

Suez Canal to Keep Transit Fees Unchanged This Year

Tue, 06/01/2009 - 02:00
The Suez Canal, the waterway that carried a 10th of global seaborne trade in 2007, will keep transit fees unchanged...

Caribbean Tankers, Little-Changed From Last Week, May Soon Fall

Tue, 06/01/2009 - 02:00
The cost to transport crude oil from the Caribbean on Aframax tankers may fall after little change last week, amid...

Shipping Sector Seen Entering Rougher Waters

Tue, 06/01/2009 - 02:00
Analysts said Malaysia's shipping sector will face a more difficult environment this year, as transport volumes shrink given the tight...

Tanker profits to be volatile this year

Mon, 05/01/2009 - 02:00
Tanker owners in the region will this year rake in reasonably high profits from voyages made at lucrative routes from...

Dry bulk rates will stay 'very low'

Mon, 05/01/2009 - 02:00
The cost of shipping commodities such as iron ore and coal will stay very low this quarter after...

2008, a year of mixed fortunes for shipping companies

Mon, 05/01/2009 - 02:00
It was a year of mixed fortunes for Indian shipping companies. Starting off on a cheerful note in the beginning...

Iran: Funds to Expand Shipping Industry

Mon, 05/01/2009 - 02:00
Shipping Organization (PSO) has allocated 2,000 billion rials ($200 million) worth of funds for building new ships and modernizing ports...

India: Maritime security plan aims to harmonise various agencies

Mon, 05/01/2009 - 00:00
The country's new maritime security architecture in the pipeline after 26/11 includes both a coastal command (CC) and a maritime...

Havila Shipping buys into KS Havil

Sun, 04/01/2009 - 02:00
Havila Shipping ASA has purchased a further 5 % part in KS Havila Saturn. After this the company’s ownership will...

SLPA- APL partnership a boost to maritime operations

Sun, 04/01/2009 - 02:00
At a time, when the world is to face an oncoming economic crisis, the attraction of mega shipping lines...

Nigerian government to phase-out single hull vessels by 2010

Sat, 03/01/2009 - 02:00
THE Federal Government has concluded plans to phase-out single hull vessels within the nation's maritime territory, in compliance with the...

Synergy delivered: BW Shipping renamed BW Maritime

Sat, 03/01/2009 - 02:00
BW Shipping Managers Pte. Ltd. has been renamed BW Maritime Pte. Ltd. as part of an internal reorganisation to...

Caribbean tanker rates fall on low demand

Sat, 03/01/2009 - 02:00
The cost to transport crude oil from the Caribbean on Aframax tankers fell, declining for the first time in more...

Malaysian warship scares off Somali pirates: watchdog

Fri, 02/01/2009 - 02:00
A Malaysian warship has helped Indian seamen fight off heavily-armed Somali pirates attempting to board an oil tanker, a maritime...

Yearender: SOS for RP maritime transport industry

Fri, 02/01/2009 - 02:00
The Philippine Coast Guard (PCG) and the country’s maritime situation were placed under the spotlight again last year when the...

SCI to invest $3 b to buy 40 ships

Fri, 02/01/2009 - 02:00
Shipping Corporation of India (SCI) plans to invest around $3 billion for acquiring 40 ships to double its tonnage capacity...

US faced disastrous 2008

Fri, 02/01/2009 - 02:00
Last year was not just a bad year for the economy. By some measures, it was the worst year any...

2009: Watch the Baltic Dry Index

Fri, 02/01/2009 - 02:00
In 2009 investors will be scanning the globe for signs of economic recovery or deterioration. Among the many tools they...