Kidnappings of Chinese nationals by North Korean pirates are reportedly common
Kidnappings of Chinese nationals by North Korean pirates are reportedly common
CHINA’S embassy in North Korea was reported today to be "working on" gaining the release of seafarers held by North Korean pirates seeking a ransom.
10:13 20 May
CHINA’S embassy in North Korea was reported today to be "working on" gaining the release of seafarers held by North Korean pirates seeking a ransom.

Yu Xuejun, owner of the Liaoning-based fishing vessel from which 16 seafarers were taken on ... Full Story >>

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4:44 17 May
SEVEN seafarers are missing today after a three-vessel collision in the section of the Yangtze River in east China, Xinhua News Agency reported. Full story >>

Nordic Visby
4:38 17 May
A FILIPINO mariner sustained “serious injuries” while doing maintenance work on board bulk carrier Nordic Visby at Tauranga Port in New Zealand. Full story >>

The accident happened near Sharjah
4:03 17 May
ALL 15 crew members of tanker Al Kabeer were rescued after the vessel caught fire off Sharjah coast in the United Arab Emirates. Full story >>

10:34 16 May
PIRACY and sea robberies in Asia rose in April compared to the same period last year, according to ReCAAP Information Sharing Centre. Full story >>

9:55 15 May
RESCUERS are today searching for more than 50 people that fell into the sea after their boat capsized off western Myanmar. Full story >>

Myre Seadiver
16:28 14 May
THE trial of 15 Russian mariners accused of smuggling weapons into Nigeria has been postponed for a third time. Full story >>

Safety News Headlines

A PRECEDENT-setting case in the US has provided shipowners expanded protections when chartering their vessels. Full Story >>
SEVEN seafarers are missing today after a three-vessel collision in the section of the Yangtze River in east China, Xinhua News Agency reported. Full Story >>
A FILIPINO mariner sustained “serious injuries” while doing maintenance work on board bulk carrier Nordic Visby at Tauranga Port in New Zealand. Full Story >>
ALL 15 crew members of tanker Al Kabeer were rescued after the vessel caught fire off Sharjah coast in the United Arab Emirates. Full Story >>
PIRACY and sea robberies in Asia rose in April compared to the same period last year, according to ReCAAP Information Sharing Centre. Full Story >>
RESCUERS are today searching for more than 50 people that fell into the sea after their boat capsized off western Myanmar. Full Story >>
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Sea-web Insight
Batista’s yard loses 11 tanker orders
BRAZIL’S Açu Shipyard, controlled by Eike Batista’s OSX, has confirmed the loss of an order for 11 medium-range tankers from Kingfish and scaled back its construction schedule. 
Cruise giant issues profit warning
NYSE-listed Carnival Corp today sharply lowered its profit outlook, blaming booking weakness in the second half. 
Seanergy bulkers dwindle
VICTOR Restis-controlled Seanergy today disclosed that it has sold three more bulkers in return for full satisfaction of underlying debt. 
Bodouroglou bags loan
NASDAQ-listed Paragon Shipping today confirmed a new $69M credit facility from China Development Bank to partially fund two newbuilding box ships. 
Intra-Asian product rates hit
SWELLING tonnage lists and slow activity is causing a drop in rates for intra-Asia oil products cargoes. 
PLP’s throughput drops despite APM move
RUSSIA’S top box terminal, Petrolesport, has reported the worst performance among its domestic rivals, despite a cash injection from AP Møller Maersk. 
Brazil port bill advances
BRAZILIAN President Dilma Rousseff's bill to change the ports laws has finally passed Congress, after months of strikes and heated talks. 
Xiamen throughput rises 17%
XIAMEN’S port has reported throughput of 2.42M teu in the first four months of 2013, up by 17.3% on 2012. 

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