Bidding begins
Transpetro launches into the ethanol trade by inviting shipyards to compete for a 100 vessel order.
US-listed Eagle Bulk Shipping has reportedly sold the 56,000-dwt bulker newbuilding Crested Eagle.

The ship is set for delivery from IHI shipyard in February 2009 and is said to have gone to a Japanese buyer for $34m.
In November a similar ship the 54,000-dwt Pacific Island (built 2008) was sold to Nisshin Shipping for $33.5m.
Eagle Bulk ordered the supramax in 2007 for $33.6m.
A week ago the firm cancelled contracts for eight supramax bulkers at Yanghzou Dayang Shipbuilding in favour of options on the vessels. (Click here to read related article.)
Eagle Bulk had 33 supramaxes costing $1.4bn at IHI and Dayang for delivery by 2012.
Transpetro launches into the ethanol trade by inviting shipyards to compete for a 100 vessel order.
Norwegian owner boosts orderbook with deal for five 58,000-dwt bulkers at Yangzhou Dayang.
Tanker and ferry player Rederi AB Gotland sees 2009 earnings eroded by higher operating costs.
Finnish port shut-down drags into second week as another meeting between bosses and union planned for Friday.
Insurance cover of Torm, Clipper, DFDS and other top owners in contention as Codan buys renewal rights to TrygVesta hull underwriting portfolio.
Brazilian boxship player Log-In Logistica sees profits slump as domestic trade issues batter the bottom line.
Russian reefer Petrozavodsk realises salvors' worst fears as it splits in two off Norway after grounding last May.
Italian ro-ro cargoship needs tug assistance as it loses steering in storm off Sardinia.
Crew member rushed to hospital with head injuries after incident on offshore vessel off Scotland.
Former New York state employee arrested on suspicion of flooding historic cargoship Day Peckinpaugh.
USCG hit out at reports “strong winds” and “poor visibility” could have cause Eagle Otome crash off Texas.