Angeliki Frangou's Navios Maritime Partners closes latest equity offering with all underwriter options exercised.
Shipbuilder warns of more cuts in European cruise and ferry yards but is positive on offshore outlook.
Panamax bulk carrier re-floated after running aground at the entrance to a Hawaii harbour. Hull cracked, but no pollution.
Tanker consultant Colin Pearce accused of lacking expertise during evidence at Sovcomflot corruption trial.
Finnish ferry owner axes newbuilding contract with Astilleros de Sevilla after construction delays.
Accuracy of rate assessments used by expert witnesses come under fire on day 60 of Sovcomflot corruption trial.
All Leisure Group executives throw cold water on newspaper report of Swan Hellenic Cruises order at Portuguese yard, but is it Hellenic Seaways?
Frontline chief Jens Martin Jensen dismisses Nordic American Tanker Shipping takeover as nonsense.
Hedge fund 2i Capital cuts Pipavav holding for the second time in a month, bringing in over $20m.
Bernt Daniel Odfjell steps down as chairman of Oslo-listed shipowner after 20 years in the hot seat.
Singapore containership owner sees healthy growth but plans newbuilding freeze as it faces refinancing talks with its banks.
Greek owner Polys Haji-Ioannou disposes of another single-skin tanker, as second VLCC of 2010 heads for the torch.
Zodiac Maritime dismisses reports of military supplies aboard hijacked car carrier Asian Glory as nonsense.
Khalid Hashim’s Precious Shipping stretches $260m loan, buying itself more time for second hand spending spree.
Sevmash compensation payment helps to lift Oslo-listed chemical carrier owner into the black.
Decline of floating storage exacerbates market wide weakening of crude freight rates.
VLCC:
Suezmax:
Aframax:
Market stagnates with rates little changed as Year of the Tiger begins to bite.
Capesizes:
Panamaxes:
Supramaxes:
Hamburg Shipbrokers' Association ConTex charter assessment goes up four points to 254.
Capesizes:
Panamaxes:
Supramaxes:
Rates are in reverse as anchor handler armada lines up in Aberdeen.
AHTS:
Large PSV:
Small PSV:
World’s second largest shipbuilder turns in record profit for 2009, but analysts expected more.
Reports suggest a tug on its way from Singapore to Cambodia has been hijacked off Malaysia.
Dutch company goes to Singapore’s Keppel Singmarine for construction of a new fall pipe vessel.
Iino Kaiun sells chemical tanker Chemstar Eagle to US buyer, possibly Connecticut's MT Maritime, for $15.2m.
Salvage operation blocking Oahu's Kalaeloa Barbers Point Harbour after bulker Vogetrader runs aground.
Web rumours of John Fredriksen's Frontline bidding for Nordic American Tanker Shipping panned as simply "rubbish".
Port delays, bad weather and local squabbles continue to absorb tonnage says McQuillin report.
Danish troops free Slovenian bulker hijacked earlier in Gulf of Aden, all 25 crew safe.
Malaysia’s Scomi Marine offloads 29% stake in Singapore-listed offshore player CH Offshore.
US Shipping Partners integrated tug barge said to be sold as-is in Karachi for $394 per ldt.
Demonstrations planned for Tokyo and Trinidad over All-Japan Seamen's Union fight with Japanese bulker owner.
JP Morgan analyst predicts a "tale of two halves" for the bulker sector as Chinese imports accelerate ahead of a softer market.
Fire onboard former French aircraft carrier Clemenceau at UK shipbreaking yard “under control”.
Somali pirates strike in Gulf of Aden for second time this week as Slovenian handysize seized.
Japan's MOL signs 10-year coking coal shipping deal with Mitsubishi Chemical and Nisshin Steel.
An Asian aframax pool is in the making with leading Japanese operator Sanko Kisen ready to dive straight in.
Historic Cutty Sark, gutted by fire in 2007, will be restored in time for 2012 London Olympics, PM promises.