Hong Kong tusk bust

Customs agents crack open containers to seize $1.4m worth of undocumented elephant tusks destined for China.

18:50 GMT, 10 Sep 2010

Navios seals $587m deal

Navios Maritime Acquisition ties up seven-unit VLCC swoop amid rumours about seller Fred Cheng's job prospects.

17:18 GMT, 10 Sep 2010

Pirates caught red handed

Danish Navy forced to shoot through skiff’s bow as dramatic pictures show suspects dumping weapons.

16:16 GMT, 10 Sep 2010

Banks back Vale VLOCs

Brazilian mining behemoth bags $1bn loan to bankroll 12 bulker newbuildings.

15:48 GMT, 10 Sep 2010

Union fights BC Ferries ruling

Canadian arbitrator says masters and other senior officers should be excluded from workers’ organisation.

14:19 GMT, 10 Sep 2010

Steensland hospitalised

Elderly Norwegian shipbroker Inge Steensland suffers stroke and is taken to hospital, TradeWinds hears.

12:10 GMT, 10 Sep 2010

CSC eyes return to glory

Sri Lankan owner aiming to make a profit within six months and expand into passenger shipping.

11:02 GMT, 10 Sep 2010

Blaze closes crude terminal

A key Caribbean tanker transhipment terminal has been put out of action by a major fire.

10:59 GMT, 10 Sep 2010

Tidewater eyes refinancing

Dean Taylor-led offshore vessel owner to raise $425m in two private placements with tonnage on menu.

10:02 GMT, 10 Sep 2010

Gotlandia II ferry hits ramp

No injuries reported after Rederi AB Gotland vessel suffers damage at port of Oskarshamn.

09:54 GMT, 10 Sep 2010

Lauritzen confirms sale

Danish owner says 2009-built capesize has gone to Sinokor of South Korea.

09:14 GMT, 10 Sep 2010

New5 In Numb3rs

Top tanker owner NITC is facing sanctions trouble despite efforts to distance itself from the Iranian state while a group of hijackers find piracy doesn’t always pay.

08:57 GMT, 10 Sep 2010

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