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Nilam: 3 bodies believed to be of sailors washed ashore

As efforts continued for the third day to trace five missing crew of an oil tanker that ran aground off the city beach hours before cyclone 'Nilam' made landfall, three bodies, believed to be of......

Ship fire: 2 South Koreans granted bail

Two South Korean nationals were granted bail on Saturday by a local court in a case registered against them for criminal negligence for the fire on board Korean chemical tanker Royal Diamond 7, off......

S Korean sailor killed in tanker blaze off Mumbai port

A South Korean crew member of a Marshal Island-flagged tanker vessel was on Saturday killed and six others, including two foreigners, were injured when fire broke out on the ship following an......

CCEA okays divestment in Shipping Corporation

The government has approved sale of 10 per cent equity in Shipping Corporation of India. The biggest domestic shipping company would also raise 10 per cent additional equity to fund its expansion......

SCI may get nod for FPO next week

The Cabinet Committee on Economic Affairs is likely to approve the 20 per cent follow-on offer of Shipping Corporation of India next week, which may fetch close to Rs 1,400 crore (Rs 14 billion).......

SCI to buy 60 ships by 2015 for Rs 20,000 crore

State-owned Shipping Corporation of India (SCI) on Monday said it will acquire 60 vessels by March, 2015, entailing an investment of about Rs 20,000 crore (Rs 200 billion).The company also plans to......

Indian shipyards poised for $4.5bn inflow

Indian engineering and maritime groups have lined up an estimated Rs180bn ($4.5bn) to invest in new shipyards, opening up a front in the nation's competition with China to become a low-cost......

Awards for remarkably different cos!

Welcome to the Academy Awards for the October-December 2007 quarter where we acknowledge the best, the most surprising and the remarkably different!The VVS Laxman Award for Unassuming Brilliance:......
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An opportunity or threat?

The shipping industry is experiencing the biggest dry bulk market recession since the 1980s. The uncertain global economic outlook and the... ...

http://shippingtribune.com/dry-bulk-market-crisis-an-opportunity-or-threat/
Euroseas Ltd. Resets Previously Announced Reverse Stock Split Date

Comments July 6, 2015 - Maroussi, Athens, Greece Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and... ...

http://andhranews.net/Business/2015/Euroseas-Ltd-Resets-Previously-Announced-Reverse-26336.htm
Diana Shipping Inc. Announces a New Time Charter Agreement for m/v Coronis and Direct Continuation of Time Charter Agreements for m/v P. S. Palios With RWE and for m/v Amphitrite With Bunge

GlobeNewswire 2015-07-06ATHENS, Greece, July 6, 2015 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX) (the "Company"), a global shipping... ...

http://www.bizwireexpress.com/showstoryGNW.php?storyid=76113
A new record year in dry bulk demolition under way?

The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month. April 2015 saw... ...

http://shippingtribune.com/bimco-a-new-record-year-in-dry-bulk-demolition-under-way/
Bahri declares 5 VLCC options at Hyundai Samho

The National Shipping Company of Saudi Arabia (Bahri) has declared options for five VLCC newbuildings at Hyundai Samho Heavy Industries.... ...

http://www.transreporter.com/logisticsnews/28894/Bahri-declares-5-VLCC-options-at-Hyundai-Samho/

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