Nikolas Tsakos: shift from spot to term
Nikolas Tsakos: shift from spot to term
NYSE-listed Tsakos Energy Navigation today reported its first profitable quarter since 1Q11, with results buoyed by rising product tanker rates.
9:19 24 May
NYSE-listed Tsakos Energy Navigation today reported its first profitable quarter since 1Q11, with results buoyed by rising product tanker rates.

TEN posted net income of $1M for 1Q13, versus net losses of $8.8M in 1Q12. Average timecharter equivalent rates were ... Full Story >>
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Bjorg
West European upgrades Iberia box service
15:31 24 May
ROTTERDAM-based West European Container Lines has upgraded its North Europe/Iberia coverage with the addition of a second service. Full story >>

Plagued by overcapacity amid weak cargo flows
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14:44 24 May
BOX SHIPPING rates for Far Eastern loading ports were drifting apart this week, with further losses on westbound routes and eastbound gains. Full story >>

Kaohsiung
Taipei, Beijing trade data widely differ
12:37 24 May
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Barge Sainty No. 2
Sainty Marine unit orders 6 bulkers
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LNG Libra
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Waratah dockers strike
10:38 24 May
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Headline News

Antonis G Pappadakis
US indicts bulker owner
15:53 24 May
GREEK ship operator Kassian Maritime Navigation has been indicted by a US district court in Virginia on charges of illegally dumping bilge water and trying to hide the evidence. Full Story >>
Bjorg
West European upgrades Iberia box service
15:31 24 May
ROTTERDAM-based West European Container Lines has upgraded its North Europe/Iberia coverage with the addition of a second service. Full Story >>
Kaohsiung
Taipei, Beijing trade data widely differ
12:37 24 May
A HUGE GAP has been reported between what Taipei and Beijing estimate their bilateral trade to total since the beginning of this year. Full Story >>
Barge Sainty No. 2
Sainty Marine unit orders 6 bulkers
11:29 24 May
SHENZHEN-listed Sainty Marine said today it has ordered six new 64,000dwt bulkers at its subsidiary Sainty Shipbuilding (Yangzhou), in a deal worth about $246M. Full Story >>
LNG Libra
Höegh might sell ships
11:13 24 May
NORWAY’S Höegh LNG Holdings said today it is weighing whether to sell two older vessels, as its board warned that full-year operating results are likely to trail those of 2012. Full Story >>
Newcastle
Waratah dockers strike
10:38 24 May
WORKERS at Port Waratah Coal Services in Newcastle, Australia, held an eight-hour strike today and threatened a 24-hour stoppage on 29 May. Full Story >>
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Latest Markets News

Baltic Dry Index
13.04 24 May
0.24%
Asian box export rates diverge
14:44 24 May
BOX SHIPPING rates for Far Eastern loading ports were drifting apart this week, with further losses on westbound routes and eastbound gains. Full Story >>
Sea-web Insight
US indicts bulker owner
US indicts bulker owner
12 hours ago
GREEK ship operator Kassian Maritime Navigation has been indicted by a US district court in Virginia on charges of illegally dumping bilge water and trying to hide the evidence. 
West European upgrades Iberia box service
West European upgrades Iberia box service
13 hours ago
ROTTERDAM-based West European Container Lines has upgraded its North Europe/Iberia coverage with the addition of a second service. 
Asian box export rates diverge
Asian box export rates diverge
13 hours ago
BOX SHIPPING rates for Far Eastern loading ports were drifting apart this week, with further losses on westbound routes and eastbound gains. 
Taipei, Beijing trade data widely differ
Taipei, Beijing trade data widely differ
15 hours ago
A HUGE GAP has been reported between what Taipei and Beijing estimate their bilateral trade to total since the beginning of this year. 
Waratah dockers strike
Waratah dockers strike
17 hours ago
WORKERS at Port Waratah Coal Services in Newcastle, Australia, held an eight-hour strike today and threatened a 24-hour stoppage on 29 May. 
US sees no piracy 'export model'
US sees no piracy 'export model'
18 hours ago
RISING pirate attacks off Africa’s West Coast are crimes of opportunity peculiar to that region, rather than reflecting an “export model” from Somalia, a US State Department has said. 
Charleston unveils 42% spike in breakbulk cargo
Charleston unveils 42% spike in breakbulk cargo
18 hours ago
INCREASED breakbulk business at the Port of Charleston helped South Carolina Ports Authority achieve a 42% year on year increase in non-containerised cargo handled in April. 
European shipping assails EC port scheme
European shipping assails EC port scheme
19 hours ago
THE EC ports initiative has already run into criticism from European port and shipowner bodies. 
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2013 http://www.fairplay.co.uk/Default.aspx 25 May 2013