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Global Shipping Prices Face More Choppy Waters 03-Feb-2012
Freight rates hit a record low Wednesday on weak demand for iron ore, poor weather conditions in mining regions and a glut of shipping capacity. The Baltic Dry Index, a co...
OWS Acquires Raamns Shipping And Logistics 03-Feb-2012
Oil Field Warehouse & Services (OWS) has acquired Raamns Shipping&Logistics Pvt. Ltd. (RSL) by acquiring major stake in the company at undisclosed price. RSL is a Kakinada...
Australia Over 120 feared killed in PNG ship tragedy 03-Feb-2012
More than 120 people are feared dead after a ship with over 350 on board sank off Papua New Guinea's north coast, even as ships and helicopters are continuing to search fo...
Floods create 'inland sea' in Australia 03-Feb-2012
Major flooding hit parts of Australia's east on Friday, stranding thousands of residents, prompting a military airlift and leaving some communities only accessible by heli...
Air India running out of gas... 03-Feb-2012
Oil marketing companies (OMC) on Thursday stopped supply of aviation turbine fuel (ATF) to the national carrier, Air India because of its failure to clear its dues....
Fitch: Negative Outlook for Indian Shipping Sector in 2012 31-Jan-2012
Fitch Ratings says that the 2012 outlook for the Indian shipping industry is negative. Unfavourable demand-supply dynamics in the global shipping industry driven by low gl...
After the wreck, cruise ship crew hanker for the sea 31-Jan-2012
Hours after the Costa Concordia's captain had abandoned ship, and after helping dozens of passengers to safety, Carlos Garrone stripped off his clothes and plunged into th...
Europe Zeroes In on Shipping Emissions 31-Jan-2012
New rules to limit pollution from ships are set to start moving through the European Parliament on Tuesday, with the specter of potential environmental contamination from ...
Disappearing sea ice enticing more killer whales to Arctic: researchers 31-Jan-2012
Researchers say melting Arctic sea ice is enticing more killer whales to Nunavut waters where they are competing with Inuit hunters for food and threatening to replace pol...
Rob Fyfe quits Air NZ, mum on future 31-Jan-2012
Air New Zealand's outgoing chief executive Rob Fyfe has said he doesn't know what he will do next, but Sir Richard Branson hasn't offered him a job. ...
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