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Resales return

Three SLS products tanker newbuildings back on market after deals with Mexican and Egyptian buyers fall through.
21:22 GMT, 08 February 2010
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Navios bags $62m

Angeliki Frangou's Navios Maritime Partners closes latest equity offering with all underwriter options exercised.

18:22 GMT, 08 February 2010
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Red ink for STX

Shipbuilder warns of more cuts in European cruise and ferry yards but is positive on offshore outlook.

18:46 GMT, 08 February 2010
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Vogetrader free

Panamax bulk carrier re-floated after running aground at the entrance to a Hawaii harbour. Hull cracked, but no pollution.

17:53 GMT, 08 February 2010
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Number juggler?

Tanker consultant Colin Pearce accused of lacking expertise during evidence at Sovcomflot corruption trial.

17:22 GMT, 08 February 2010
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Cape deal cut

Seanergy Maritime bins plan for $89.5m bulker buy after China restricts bank lending.

14:19 GMT, 08 February 2010
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Viking cancels

Finnish ferry owner axes newbuilding contract with Astilleros de Sevilla after construction delays.

17:06 GMT, 08 February 2010
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Market muddle

Accuracy of rate assessments used by expert witnesses come under fire on day 60 of Sovcomflot corruption trial.

14:18 GMT, 08 Feb 2010
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No Swan order

All Leisure Group executives throw cold water on newspaper report of Swan Hellenic Cruises order at Portuguese yard, but is it Hellenic Seaways?

16:49 GMT, 08 Feb 2010
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Forget it

Frontline chief Jens Martin Jensen dismisses Nordic American Tanker Shipping takeover as nonsense.

12:36 GMT, 08 Feb 2010
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Second sale

Hedge fund 2i Capital cuts Pipavav holding for the second time in a month, bringing in over $20m.

16:00 GMT, 08 Feb 2010
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Odfjell calls time

Bernt Daniel Odfjell steps down as chairman of Oslo-listed shipowner after 20 years in the hot seat.

10:45 GMT, 08 Feb 2010
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Resilient Rickmers

Singapore containership owner sees healthy growth but plans newbuilding freeze as it faces refinancing talks with its banks.

12:35 GMT, 08 Feb 2010
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Polys’ party trick

Greek owner Polys Haji-Ioannou disposes of another single-skin tanker, as second VLCC of 2010 heads for the torch.

09:27 GMT, 08 Feb 2010
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Gulf course

CSAV Norasia unveils a new upper Gulf service which will employ a single vessel.

13:53 GMT, 08 Feb 2010
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No weapons

Zodiac Maritime dismisses reports of military supplies aboard hijacked car carrier Asian Glory as nonsense.

10:38 GMT, 08 February 2010
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ASL grabs one

Singapore-listed shipyard lands $30m order for dive support vessel.

11:59 GMT, 08 February 2010
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Barents boost

HHI scores $1bn FPSO deal with Statoil and Eni to help soften blow of order drought.

11:09 GMT, 08 Feb 2010
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Loan lengthened

Khalid Hashim’s Precious Shipping stretches $260m loan, buying itself more time for second hand spending spree.

08:53 GMT, 08 Feb 2010
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Payout lifts Odfjell

Sevmash compensation payment helps to lift Oslo-listed chemical carrier owner into the black.

08:47 GMT, 08 Feb 2010
Chartering
free news
Tankers

Decline of floating storage exacerbates market wide weakening of crude freight rates.

VLCC:

down

Suezmax:

down

Aframax:

down

15:17 GMT, 08 February 2010
Dry Cargo

Market stagnates with rates little changed as Year of the Tiger begins to bite.

Capesizes:

up

Panamaxes:

even

Supramaxes:

down

17:01 GMT, 08 February 2010
Containers

Hamburg Shipbrokers' Association ConTex charter assessment goes up four points to 254.

Capesizes:

up

Panamaxes:

up

Supramaxes:

up

12:51 GMT, 04 February 2010
Offshore

Rates are in reverse as anchor handler armada lines up in Aberdeen.

AHTS:

down

Large PSV:

down

Small PSV:

down

15:15 GMT, 08 February 2010
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DSME disappoints

World’s second largest shipbuilder turns in record profit for 2009, but analysts expected more.

08:29 GMT, 08 February 2010
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Tug taken

Reports suggest a tug on its way from Singapore to Cambodia has been hijacked off Malaysia.

07:18 GMT, 08 February 2010
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Boskalis orders

Dutch company goes to Singapore’s Keppel Singmarine for construction of a new fall pipe vessel.

07:44 GMT, 08 February 2010
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Eagle sold

Iino Kaiun sells chemical tanker Chemstar Eagle to US buyer, possibly Connecticut's MT Maritime, for $15.2m.

22:09 GMT, 05 Feb 2010
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Hawaii grounding

Salvage operation blocking Oahu's Kalaeloa Barbers Point Harbour after bulker Vogetrader runs aground.

21:10 GMT, 05 Feb 2010
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Takeover 'joke'

Web rumours of John Fredriksen's Frontline bidding for Nordic American Tanker Shipping panned as simply "rubbish".

20:29 GMT, 05 Feb 2010
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Delays hit tankers

Port delays, bad weather and local squabbles continue to absorb tonnage says McQuillin report.

04:08 GMT, 08 Feb 2010

Rhea re-floated

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Ariella stormed

Danish troops free Slovenian bulker hijacked earlier in Gulf of Aden, all 25 crew safe.

13:53 GMT, 05 February 2010
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CHO stake sale

Malaysia’s Scomi Marine offloads 29% stake in Singapore-listed offshore player CH Offshore.

01:42 GMT, 08 February 2010
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ITB scrapped

US Shipping Partners integrated tug barge said to be sold as-is in Karachi for $394 per ldt.

22:31 GMT, 05 February 2010
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Greek fleet falls

Tonnage controlled by Greek shipowners falls by just 2% despite turbulent times.

14:57 GMT, 05 February 2010
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Speculative sale

Marco Novella returns to Cicek for a second tanker newbuilding.

13:56 GMT, 05 February 2010
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ITF targets Dowa

Demonstrations planned for Tokyo and Trinidad over All-Japan Seamen's Union fight with Japanese bulker owner.

18:11 GMT, 05 Feb 2010
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Up then down

JP Morgan analyst predicts a "tale of two halves" for the bulker sector as Chinese imports accelerate ahead of a softer market.

15:53 GMT, 05 Feb 2010
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Story ends

Publishing house bought as part of diversification drive by Latvian Shipping goes bust.

14:48 GMT, 05 Feb 2010
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‘Ghost ship’ blaze

Fire onboard former French aircraft carrier Clemenceau at UK shipbreaking yard “under control”.

13:12 GMT, 05 Feb 2010
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Bulker hijacked

Somali pirates strike in Gulf of Aden for second time this week as Slovenian handysize seized.

09:33 GMT, 05 Feb 2010
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Man overboard

Danish crewman dies after slipping from bunker tanker in Copenhagen.

15:58 GMT, 05 Feb 2010
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Coke cash

Japan's MOL signs 10-year coking coal shipping deal with Mitsubishi Chemical and Nisshin Steel.

13:25 GMT, 05 Feb 2010
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Aframax alliance

An Asian aframax pool is in the making with leading Japanese operator Sanko Kisen ready to dive straight in.

13:09 GMT, 05 Feb 2010
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Olympic pledge

Historic Cutty Sark, gutted by fire in 2007, will be restored in time for 2012 London Olympics, PM promises.

16:12 GMT, 05 Feb 2010
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