Australian port makes strong start to 2009 with 12% year-on-year increase in container volumes.
Oil trader gets green light to pursue wider ownership interests of Greek Kalogiratos family.
Overseas Shipholding Group, led by Morten Arntzen, drags in nearly $160m from a share issue.
Helix Energy Solutions is offloading its oil and gas subsidiary to bankroll expansion in the subsea sector.
Indian shipowner tight lipped on reports that a large stake may be divested to augment London listing.
Polys Hajioannou's Safe Bulkers pens a new contract for one of its ships axed by Daiichi last year.
Liner giants see idle capacity plummet with five key players completely free of laid-up tonnage.
UK lifeboat stabilises Van Oord dredger that took on water and began to list off Wales.
Chinese territory's container volumes down 14% in 2009, but fourth quarter picks up.
Brazilian oil giant Petrobras is ready to ink a time charter deal for a tanker tender lasting three years, brokers say.
Carsten Mortensen-led Dane mulls MR tanker buys as profit slides almost $500m on sales slump.
Pakistan National Shipping Corp (PNSC) in talks with government over finance for vessel acquisitions.
Samsung Heavy announces deals to build nine tankers, an offshore facility and floating LNG platform.
Morten Arntzen-led tanker giant slashes payouts to board members but says the compensation is still competitive.
North Korea reportedly awards port leases to Russia and China as it seeks infrastructure investment.
Shareholders in CP Ships finally get compensation for misrepresentation of financial results six years ago.
World's oldest ocean-going passengership looks to have escaped the breakers' torches once again.
Malaysian intra-Asian feedership operator spends nearly $9m on Yamamaru-owned vessel.
VLCCs edge up to Worldscale 80 in Persian Gulf, while suezmaxes stop the rot in West Africa.
VLCC:
Suezmax:
Aframax:
Supramaxes provide most joy on day index woe for capesizes while panamaxes soften.
Capesizes:
Panamaxes:
Supramaxes:
Hamburg Shipbrokers' Association ConTex charter assessment up another five points to 279.
2,500-teu:
1,700-teu:
1,100-teu:
North Sea spot remains quiet with cargo work the only option for anchor handlers.
AHTS:
Large PSV:
Small PSV:
Norden walks away with $23m and two-year contract after settling out of court with Russian-backed RTI.
Rumour sweeps New York that AP Moller-Maersk is readying a takeover bid for George Economou’s DryShips.
Golar LNG confirms hand-out of 9.7m shares in Golar LNG Energy as dividend – equivalent to 4% of company.
Weaker revenues, due to fewer ships, push George Karageorgiou-led bulker owner to $1.2m loss.
Japanese owner among the first to offer up ship for recycling at new domestic pilot project.
Bangladeshi and Indian crew picked up by FAL Shipping tanker off UAE after bitumen carrier sinks.
Chinese port set to go ahead with delayed Shanghai listing according to president Li Linghong.
Ulf Ryder’s Stena Bulk swells Samsung Heavy Industries orderbook to six after exercising suezmax options.
Danish ro-ro player sees 2009 profit cut back, but says markets are improving so far this year.
Middle East market targeted as Tobias Konig-led KG player Konig & Cie sets up Sharia-compliant fund.
Container volumes at US ports are set to see continued strong recovery in March, says trade body.
Estonian ferry group sees passenger and freight cargoes decline, but private vehicle numbers rise.
Athens-based bulker owner posts a loss in the fourth quarter as fleet expansion proves pricey.
John Fredriksen-backed Deep Sea Supply has inked two time charter deals with Brazilain oil giant Petrobras.
Clipper Bulk boss Frank takes over from his father Torben as chairman and CEO of Danish shipping group.
Taiwan’s Evergreen expecting to break even in second quarter as markets improve, chairman Bronson Hsieh says.
Two gambling ships are seized as hedge fund seeks $74m from insolvent Ocean Casino Cruises.
A Turkish shipowner is liable to pay damages to a charterer for refusing to carry two potentially hazardous cargoes.