2010 was, perhaps, not a vintage year for shipping, although it might have been a good deal worse.
- 2010: A brief flashback on shipping
- Russian tanker NS Africa escapes Somali pirate attack
Russian tanker NS Africa has managed to evade capture by pirates in the Indian Ocean, the Sovfracht Maritime Bulletin reported on Friday.
- Wartsila introduces its new powerful engine
Wartsila has introduced a more powerful version for marine applications of its popular Wartsila 32 engine.
- Two-speed Recovery to Extend into 2011, Says IMF
The two-speed global economic recovery is likely to dominate 2011, with weak growth in advanced economies barely enough to bring down unemployment.
- Fincantieri, Lockheed Martin win US Navy contract - Bloomberg
ABC OnlineFincantieri, Lockheed Martin win US Navy contractBloomberg"The Lockheed Martin team's Littoral CombatShipis designed to confront...
- China developing aircraft carrier-killer missile
The Chinese military is working on an anti-ship ballistic missile programme capable of sinking aircraft carriers, a US naval official said.
- Georgia finally releasing seized Turkish ships
Georgia has begun to release Turkish ships that it had forcibly detained. Following the release of the New Star, the Buket was released on Dec. 23
- Iraqi Kurds push for recognition of oil deals
Iraq’s Kurds pushed the central government on Tuesday to recognize oil contracts they signed with international companies.
- Somali pirates hold Antigua and Barbuda-flagged ship - Reuters Africa
Reuters AfricaSomali pirates hold Antigua and Barbuda-flaggedshipReuters AfricaMOGADISHU (Reuters) - Somali pirates seized an Antigua and...
- Kurdish region ‘set to resume crude exports’
New government of Prime Minister Nuri Al Maliki, said the Kurds were committed to exporting 150,000 barrels a day by next year.
- Russian steel output increases in 11 months 2010
In the first 11 months of 2010 Russia registered crude steel production up by 12.2%YoY to 61.1 million tonnes...
- DryShips Announces Entry Into the Tanker Segment
DryShips Inc., a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that...
- Dry bulk owners could soon reconsider scrapping older vessels
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bid...
- Baltic index at near 5-month low, activity slow
The index, which gauges the cost of shipping commodities including iron ore, cement, grain, coal and fertiliser, fell 2.97 percent, or 56 points, to...
- Dry bulk market looking for direction amid holidays
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry’s benchmark...
- Container shipping rides high on trade rebound, but caution is advised
Container shipping has been enjoying a gold run, hampered only by recent freight rates falls, as a result of overcapacity. Still, a recent report...
- New environmental era for tanker shipping
The introduction of a new crude oil tanker concept that is fuelled by liquefied natural gas, has a hull shape that removes the need for ballast water...
- A “new generation” of container ships
Ship design evolves with the needs of ship owners and operators, who themselves react to a range of external pressures and circumstances. Container...
- Managing Christmas Shipping Stress - Patch
Managing ChristmasShippingStressPatchI work full-time so this isn't convenient at all," said Brenda Conrad, of Hartland, while waiting at the...
- U.S. Coast Guard medevacs patient from Turkish vessel
The Coast Guard medavaced an injured crewmember off the Turkish flagged merchant vessel Askabat approximately 400 miles northeast of Bermuda,...