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Latest News
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Pride rejigs drill deal

Battle between BP and New York-listed drilling giant squashed as parties agree to amend vessel dayrate.

16:32 GMT, 02 Sep 2010
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Horizon Shipbuilding scores

US shipyard victorious in heated battle for a bite of government newbuilding deal.

15:29 GMT, 02 Sep 2010
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Iranian volumes on the climb

Ports handled 56.12m tonnes of cargo in the last five months, up more than 5%.

14:40 GMT, 02 Sep 2010
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Swiss score for Frontline

Tanker giant ties up three-year VLCC deal with Transcor Astra Group.

13:13 GMT, 02 Sep 2010
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Wan Hai winning again

Taiwanese boxship player continues to forge ahead in 2010 after dire previous year.

12:52 GMT, 02 Sep 2010
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Swee Joo in default

Malaysian bulker and boxship owner in talks with banks after being unable to meet debt repayments.

10:59 GMT, 02 Sep 2010
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Capex fears draw BLT cuts

Fitch follows S&P in cutting its ratings on Berlian Laju Tanker.

10:24 GMT, 02 Sep 2010
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Yang Ming stronger

Taiwanese container line turns around first-half losses as markets improve.

10:04 GMT, 02 Sep 2010
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Tanker free after grounding

Atlas ship refloats after hitting Horseback Shoal hard in St Lawrence, Canada.

09:29 GMT, 02 Sep 2010
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Remoy pens Kleven pair

Olympic Shipping rocks up at Norwegian yard with double order potentially worth over $120m.

08:56 GMT, 02 Sep 2010
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MOL depreciates to accumulate

Japanese owner reportedly extends LNG carrier depreciation period, boosting bottom line.

08:41 GMT, 02 Sep 2010
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Heavyweights in at K-Sea

First Reserve and Kayne Anderson inject cash into US tug and barge owner.

08:12 GMT, 02 Sep 2010