Feed aggregator
CMA CGM completes cruise business sell-off
Private equity firm Bridgepoint buys Ponant
UK P&I Club restructures to prepare for Solvency II
The club will no longer write direct business via Bermuda
Secure Money Making
Environmental awareness is an increasing necessity, but can shipowners have a commercial interest in saving the planet when they are too busy trying to save their businesses?
Capes sent for the chop
A capesize caught up in a crash off South Africa has headed a run of large bulkers to the scrap heap in Bangladesh.
HSH Nordbank’s intriguing silence adds to Omega drama
Court hearing postponed to September 10
HSH Nordbank’s intriguing silence adds to Omega drama
Court hearing postponed to September 10
ADM eyes P+S
UAE shipbuilder Abu Dhabi Mar (ADM) could buy insolvent German group P+S Werften's shipyards.
Owner of sunken Thermopylae Sierra blames Sri Lankan government
Greece’s Scarlet Shipping says authorities are ‘totally and ultimately responsible’ for sinking
Omega Navigation Chapter 11 reorganisation plan faces opposition
Short-changed creditors and lenders attack ‘unfair and illegal’ proposals
Omega Navigation Chapter 11 reorganisation plan faces opposition
Short-changed creditors and lenders attack ‘unfair and illegal’ proposals
Babson Capital sets sights on further shipping investments
But cash will be available only to ‘good prospects’ sourced through private equity partners
Yang takes the helm at China’s ministry of transport
Rubber-stamp parliament approves widely expected appointment
Costs curtail U-Ming
Taiwanese bulker owner U-Ming has posted a lower profit in the first half as operating expenses rose.
Somali pirates kill Orna seafarer
Death of Syrian hostage follows two-year ransom stalemate
NITL urges LaHood to push ILA and USMX back to the bargaining table
Retailers threaten to start diverting cargo ‘within the next week’
Cash in bag for Dof
Helge Mogster’s Dof is $120m to the good after a trip to the bond market.
Strike fears mount as US port bosses spurn union ‘final offer’ demand
Battlelines harden as USMX and ILA resume war of public letters
Khalifa Port opens in Abu Dhabi
Container traffic will move over from nearby Mina Zayed in next six months
Crew member lost
A seafarer has reportedly gone overboard from a Costa cruiseship off Turkey.
Hostage murdered
Somali pirates have killed a Syrian crewman on the hijacked Orna in a protest over a delayed ransom payment.

