published Thu, October 14, 2010

Fairplay

News from Fairplay

  • BLT garnishments ordered

    A Connecticut judge has approved $55M in attachments targeting the assets of Indonesia’s Berlian Laju Tanker, Fairplay has confirmed.

    Read more

  • Liner punctuality climbs

    BOX CARRIERS improved their punctuality to 72.3% in 1Q12 from 69.4% in 4Q11, a new survey said.

    Read more

  • Guilty on the waterfront

    FORMER docker Edward Aulisi has pleaded guilty to extorting Christmas ‘tribute’ payments from fellow longshoremen in New Jersey.

    Read more

  • Talks reported in SCF suit

    TALKS are taking place today between the parties involved in Sovcomflot's lawsuit against former chartering partner Yury Nikitin, Sovcomflot’s UK spokesman told Fairplay today.

    Read more

  • Shares in two STX units might be sold

    STX CORP, the parent conglomerate behind several South Korean shipping companies, said today it might sell shares of its affiliates STX HI and STX Energy.

    Read more

  • Seaspan tops forecast

    NYSE-listed Seaspan Corp has posted better results than expected and firmed Chinese financing for its previously announced three newbuildings.

    Read more

  • Rail work enables Chinese coal record

    MONTH-long maintenance on China’s coal-dedicated Datong-Qinhuangdao (Daqin) Railway has enabled a new monthly transport record.

    Read more

  • Iran's product tankers feel 90% bite

    PRODUCT tanker cargoes being exported from Iran have reportedly declined by nearly 90% in the past two weeks.

    Read more

  • Essar returns to profits

    ESSAR Shipping said it had net profits of 549.8M rupees ($11M) during its January-March quarter, reversing 6.7M in losses in that 2011 period.

    Read more

  • STX Pan Ocean blames charter fleet

    EXCESSIVE speculation on chartered-in ships resulted in STX Pan Ocean’s record losses of $103.9M for 1Q12, said the company, whose shares took a beating.

    Read more