Human Smuggling Operation Uncovered on West Coast
There may be links between the case of 36 illegal Chinese immigrants found on a container ship here on Tuesday and a similar human smuggling operation uncovered last week in Long Beach…
Korean Ship Feared Sunk Off Japan
Rescue officials found a body during a search for a Korean ship missing off southwestern Japan, raising fears the cargo vessel foundered in heavy seas with 28 crew on board, Japan's coast guard said.
DFDS Tor Lines Considers LISCO Buyout
Danish DFDS Tor Lines is committed to considering a minority share buyout as part of the privatization of Lithuanian shipper LISCO, but did not specify a price.
Single Hull Tanker Ban Could Send Freight Rates Soaring
When OPA 90 was introduced in wake of the Valdez accident, the stipulation that tankers trading in the U.S. must be double hulled was roundly panned throughout the world…
Dry Bulk Index Up Slightly
The Baltic Dry Index (BDI) rose one point to 1,429, the Baltic Panamax Index (BPI) gained three points to 1,560 and the Baltic Handymax Index (BHI) firmed 35 points to 9…
