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Boxship attacked
E R Schiffahrt vessel ER Lubeck evades pirate assault in Somali Basin but sustains light damage.
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ACL tanks
US barge and shipyard player American Commercial Lines (ACL) has plunged to a $12.05m loss in 2009, compared to $48.01m profit the year before.
Revenues dropped to $846m, from $1.15bn in 2008, as transport activity weakened and yard business fell by 81 delivered barges.
The transportation business’ revenues were $621.6m in 2009, a decrease of 30.8% year-on-year.
Revenues at its Jeffboat yard were $215.5m for the full-year 2009 compared to $254.8m for 2008.
It sold 130 dry cargo barges, 43 tank barges and four special vessels in 2009.
Latest News
Texas tax fight
Gulf Coast player challenges US tax authorities over unfavourable designation of time charter income.
Molaris heads IPO
Former Quintana and Excel chief rides back into Wall Street at head of $270m bulker and tanker float.
Rich get richer
Brazilian magnate Eike Batista joins world’s top 10 rich list, while Fredriksen drops Ofer to ride back into Forbes’ top 100.
AIDAluna dented
Second Costa Crociere-owned cruiseship bashed against quay, this time in La Palma, but no one hurt.
Bubble trouble
Defective compass puts Turkish ship on collision course with UK inspectors while Greek bulker freed.
Columbus crash
Hapag-Lloyd cruiseship in collision with cargo vessel while docking in rough seas at Iloilo, Philippines.
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