November 16, 2009

Sydney: The captain of the Pacific Adventurer cargo ship (pictured) that spilled more than 270,000 litres of oil off the south-east Queensland coast in Australia ... [full story]

Oakland: Copenhagen-based container shipping firm Maersk Line has applied to rejoin the Transpacific Stabilization Agreement (TSA), effective December 24, 2009. Maersk had been a member ... [full story]

Seoul: South Korea's Daewoo Shipbuilding &Marine Engineering Co. will be on sale again in 2010 after its main creditor selects an adviser for the sale ... [full story]

Dubai: A pan-Arab task force under Saudi Arabian command could soon join the other forces in fighting piracy in the Gulf of Aden and Somali ... [full story]

London: All eyes will be on the Baltic Exchange today to see if the Dry Index posts a record high for the year today. ... [full story]

Mumbai: State-owned Hindustan Shipyard Ltd (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost ... [full story]

Mumbai: Somali pirates have freed nine Indian and Bangladeshi seafarers after businessmen and clan elders in the country's semi-autonomous northern Puntland region negotiated their release, ... [full story]