International Maritime Shipping industry Daily News






International Maritime Shipping industry Daily News







Maritime Shipping News

IMO to discuss CO2 curbs for ships, industry frets - Reuters

2012-02-22
IMO to discuss CO2 curbs for ships, industry fretsReuters* IMO committee to weigh market-based mechanisms * Global levy and emissions trading under review * Shipping associations opposed to emissions trading By Jeff Coelho LONDON, Feb 22 (Reuters) - The International Maritime Organization will next week ...and more »

Greenhouse Gases on Agenda As IMO Marine Environmental Protection Committee Meets - The Maritime Executive

2012-02-22
The Maritime ExecutiveGreenhouse Gases on Agenda As IMO Marine Environmental Protection Committee MeetsThe Maritime ExecutiveMarket-based measures to reduce greenhouse gas emissions from international shipping will be among the key items on the agenda of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO), when it meets for its ...Roundtable Associations: Timing Not Right for MBMMarineLinkMBMs high on agenda at upcoming MEPC meetingbunkerworld (subscription)all 4 news articles »

Italy, India wrangle over arrests of Italian marines in Indian fishermen killing - Washington Post

2012-02-22
Telegraph.co.ukItaly, India wrangle over arrests of Italian marines in Indian fishermen killingWashington PostItaly maintains that under UN anti-piracy norms, military personnel are allowed on cargo ships and are part of the Italian state and thus immune from foreign jurisdiction. Maritime organizations are questioning whether the very presence of armed ...India, Italy wrangle over Indian fishermen killingAtlanta Journal ConstitutionItaly, India Clash Over Ocean ShootingWall Street Journal (India)all 1,616 news articles »

Globus Maritime Announces Payment of Bunkers on Behalf of Former Charterer - MarketWatch (press release)

2012-02-22
Globus Maritime Announces Payment of Bunkers on Behalf of Former ChartererMarketWatch (press release)ATHENS, GREECE, Feb 22, 2012 (MARKETWIRE via COMTEX) -- Globus Maritime Limited ("Globus" or the "Company"), (NASDAQ:GLBS) , a dry bulk shipping company, announced today that the M/V Star Globe, a 2010-built 56867 DWT Supramax bulkcarrier, ...and more »

Excel Maritime (EXM) - Bear of the Day - NASDAQ

2012-02-23
Excel Maritime (EXM) - Bear of the DayNASDAQWe downgrade our recommendation on Excel Maritime Carriers ( EXM ) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing serious challenges since spot vessel rates ...and more »

Environmentalists threaten suit over ballast rule - Sault Ste. Marie Evening News

2012-02-22
Mother Nature NetworkEnvironmentalists threaten suit over ballast ruleSault Ste. Marie Evening NewsThe proposed rule is based on standards recommended by the International Maritime Organization, an arm of the United Nations, that the shipping industry says are achievable. Environmentalists say they are inadequate. They contend water cleanliness ...Group could file new suit to fight invasive speciesDetroit Free PressGroups threaten to file suit over ballast ruleFond du Lac ReporterNew York Pursues Uniform, National Ballast Water RequirementsReadMedia (press release)Heavy Liftall 112 news articles »

Genco Shipping & Trading Limited Announces Fourth Quarter 2011 Financial Results - Bradenton Herald

2012-02-22
The Handy Shipping GuideGenco Shipping & Trading Limited Announces Fourth Quarter 2011 Financial ResultsBradenton HeraldThis was partially offset by proceeds of $106.6 million related to the back to back sale of three vessels to Maritime Equity Partners LLC. Net cash used in financing activities was $67.7 million during the year ended December 31, 2011 as compared to ...GENCO SHIPPING & TRADING LIMITED : Announces Fourth Quarter 2011 Financial Results4-tradersall 33 news articles »

International Community Targets Pirate Kingpins - The Maritime Executive

2012-02-22
Sky NewsInternational Community Targets Pirate KingpinsThe Maritime ExecutiveAdditional action by the International Maritime Organisation and the Contact Group on Piracy off the Coast of Somalia will ensure that shipping travelling through the Gulf of Aden has access to the best and most up to date advice on how to help tackle ...The Somali Piracy Model: Coming to a Sea Near YouWorld Politics ReviewSeeking Somali pirates, from the airBBC News'Discreet efforts' on for release of Indians held by piratesHindustan TimesSky News -Coastweekall 98 news articles »

ISS Launches Operations in Saudi Arabia - MarineLink

2012-02-22
The Maritime Executive (press release)ISS Launches Operations in Saudi ArabiaMarineLinkJoint venture with Al Bakri Group set to create leading maritime and cargo services business in the region. Inchcape Shipping Services (ISS), the world's leading maritime services provider, today announced the launch of new operations in the Kingdom of ...Inchcape Shipping Services to Expand Customer Base with Office Opening in ...The Maritime Executive (press release)Inchcape Shipping Services launches operations in Saudi ArabiaYour Industry News (press release)all 6 news articles »

Iran sanctions: Why Indian shipping sector is the worst affected - Firstpost

2012-02-21
FirstpostIran sanctions: Why Indian shipping sector is the worst affectedFirstpost“We are covered by P&I clubs in the EU,” Sunil Thapar, director at Shipping Corp of India told Reuters, referring to the groups of customer-owned maritime protection and indemnity insurance groups. “These clubs will not be able to give us coverage for ...Indian Ships To Lose Insurance After EU Sanctions Against IranThe Maritime Executiveall 4,273 news articles »

Maritime Shipping Recap: Dryships New Contract, Baltic Dry Index Falls 0.83%

2012-02-20
Your Cheat Sheet to the top shipping stocks news ...

Globus Maritime Announces Payment of Bunkers on Behalf of Former Charterer

2012-02-22
ATHENS, GREECE-- - Globus Maritime Limited , , a dry bulk shipping company, announced today that the M/V Star Globe, a 2010-built 56,867 DWT Supramax bulkcarrier, , was arrested in Panama by a bunker supplier ...

Excel Maritime (EXM)

2012-02-23
We downgrade our recommendation on Excel Maritime Carriers (NYSE:EXM - News) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing ...

TOP Ships Inc. Announces Corporate Developments

2012-02-15
ATHENS, Greece -- TOP Ships Inc. , an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced today that the ...

Shipping, Logistics Firms Shift Offices To Mall Of Asia Buildings

2012-02-22
MANILA, Philippines - Apart from the burgeoning business process outsourcing (BPO) industry, location-based enterprises such as shipping, logistics, and maritime-related companies comprise substantial tenancy in SM Land office buildings, particularly its new TwoE-comCenter development in Mall of Asia Complex (MOAC), Pasay City. ...

Research and Markets: Maritime Letters of Indemnity: an Indispensable Guide to the Law and Applicable Practice

2012-02-21
Research and Markets has announced the addition of the "Maritime Letters of Indemnity" book to their offering

Greece Passes New Austerity Deal - Excel Maritime Carriers and Paragon Shipping Look to Benefit

2012-02-14
NEW YORK, NY-- - Greek shipping stocks have been on the upswing this year after a challenging 2011 on hopes of a global economic rebound. Greek ship owners control 25 percent of the world tanker fleet. ...

Warmer Temps, Increased Sea Access Key To Russian Maritime Resurgence

2012-01-28
Rising temperatures and melting ice could prove to be an economic boon to Russia, thanks to the revitalization of a Soviet-era maritime shipping route along the coast of Siberia, according to Reuters reports on Friday. That path is known as the Northern Sea Route and to links the Atlantic and Pacific Oceans through a route along the nation's Arctic coast from Murmansk on the Barents Sea to the ...

Excel Maritime (EXM) - Bear of the Day

2012-02-23
Excel Maritime (EXM) - Bear of the Day

Globus Maritime Sets Date for the Release of Fourth Quarter and Full Year 2011 Results, Conference Call and Webcast

2012-02-14
ATHENS, GREECE-- - Globus Maritime Limited , , a dry bulk shipping company, announced today that it will release its financial results for the fourth quarter and year ended December 31, 2011, on Tuesday, ...