Supertanker to be freed: Somali president
(1.12.2008 13:02)
__ __ 2008-12-01 13:02:00 Supertanker to be freed: Somali president...Abu Dhabi National
Pirates attack Aussies' ship
(1.12.2008 12:47)
that one of two small pirate skiffs got within 300 metres of the six-star Oceania Nautica and fired eight rifle shots at the tourist vessel, which escaped by outrunning the smaller craft.Perth Now
Titan Petrochemicals sells VLCC at $17.9m loss
(1.12.2008 12:07)
HONG KONG-LISTED Titan Petrochemicals Group has agreed to sell a single-hull very large crude carrier (VLCC) for a $17.9m loss and is â actively consideringâ further vessel sales.Lloyds List
Somali pirates drive up world prices
(1.12.2008 09:16)
The hijacking of the supertanker Sirius Star by Somalia pirates will contribute to driving up prices in Europe and worldwide amid soaring insurance and shipping costs, experts have warned.The Island
Norway supports its shipbuilders
(1.12.2008 07:25)
Shipbuilders in Norway are about to receive new aid funds. Norway recently added a further US$430 million to help struggling yards. The countrys GIEK Building Loan Scheme initial US$US$710 million fund reported a record-breaking rush for Building Loan Guarantees.Baird Online
2 foreign journalists kidnapped in Somalia
(26.11.2008 19:53)
Two foreign journalists were kidnapped in northern Somalia on Wednesday while doing a story on the rampant piracy in the region, a police spokesman said.Lancaster Online.com
Galbraith's joins with Tradition in wet freight venture
(26.11.2008 18:27)
ONE of the last major shipbrokers without a shipping derivatives presence, Galbraiths, has established a wet freight desk with Tradition. Tradition, an interdealer energy broker, will base its joint venture with Galbraiths in London.Lloyds List
Cargill snaps up capesize for $1,000 per day
(26.11.2008 18:27)
DIRE capesize conditions saw Cargill fix a Mitsui OSK Line relet for $1,000 per day, as the Baltic Exchange average time charter rate was at its lowest-ever level recorded.Lloyds List
Official: Sunken ship was not pirate vessel
(26.11.2008 17:44)
NEW DELHI The pirate mother ship sunk last week by the Indian navy was actually a Thai fishing trawler seized hours earlier by pirates, a maritime agency said Wednesday.Navy Times
UK shipping minister praises One Voice initiative
(26.11.2008 12:31)
THE UK maritime industrys One Voice initiative has been praised by the countrys shipping minister for improving communications with government at a time when British ports are complaining bitterly about a lack of consultation.Lloyds List
Yemeni cargo ship hijacked
(25.11.2008 08:32)
Somali pirates have hijacked a Yemeni cargo in the Gulf of Aden. Andrew Mwangura, head of the East African Seafarers Assistance Programme, identified the vessel as the MV Amani but provided no further details.RTE Online
Shippers urge naval blockade of Somali coast
(25.11.2008 08:21)
Peter Swift, managing director of the International Association of Independent Tanker Owners, said stronger naval action including aerial support is necessary to battle rampant piracy in the Gulf of Aden near Somalia.LubBock Online.com
Tackle Somalia before pirates: Ethiopia
(25.11.2008 07:50)
ADDIS ABABA - The North Atlantic Treaty Organisation (Nato) should first tackle lawlessness in Somalia before it considers trying to combat piracy off its coast, Ethiopian Foreign Minister Seyoum Mesfin said today.Money Biz
Why hijack a plane when you can seize a supertanker?
(25.11.2008 07:36)
SINGAPORE (Reuters) - When pirates armed with little more than AK-47s and rope ladders seized a supertanker last week, they showed how simple it is to storm a ship -- a vulnerability that al Qaeda could exploit to attack the global economy.TheStar.com.my
Maersk to close China Centre, cut 700 Jobs
(25.11.2008 06:09)
Maersk Line recently confirmed that it would close one of its two global service centres in China in response to slowing ocean container traffic across its network.Baird Online
BIMCO issues urgent piracy advisory
(25.11.2008 06:09)
Independent international shipping association BIMCO has issued an advisory to the shipping industry to protect itself against piracy. It urged vessels to re-direct their routes to avoid the Gulf of Aden and to use a route east of Madagascar.Baird Online
Pirates were 'animals,' former captive says
(25.11.2008 06:06)
Five Indian sailors who were among the crew of a Japanese-owned cargo ship hijacked by pirates and held for two months before a ransom was paid said Monday their captivity was 'total desperation.CNN
Crunch leaves shipping high and dry
(25.11.2008 04:54)
Shipping companies around the world are poised to delay their orders for new vessels, renegotiate contract terms and even cancel deliveries as the global financial crisis sends the industry into dire straits.Globe and Mail
Sirius Star on move
(25.11.2008 04:49)
Maritime Global Net http://www.mgn.com PO Box 207 Bristol, RI 02809 Tel: 401-247-7780 Fax: 401-247-7756 EMAIL THIS SIRIUS STAR ON MOVE Sunday, 23 November 2008 THE hijacked VLCC Sirius Star is has reportedly sailed from its anchorage off the Somali port of Harardhere.Maritime Global Net
Egypt fears piracy will affect Suez shipping
(25.11.2008 04:25)
ATHENS, Greece (AP) - Pirate attacks on shipping headed for the Suez Canal worry Egypt, but an international crackdown on piracy should soon bear fruit, an Egyptian official said Monday.PR-Inside