System.Web.HttpException (0x80004005): The file '/seaweb_welcome.ascx' does not exist. at System.Web.UI.Util.CheckVirtualFileExists(VirtualPath virtualPath) at System.Web.Compilation.BuildManager.GetVPathBuildResultInternal(VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean throwIfNotFound, Boolean ensureIsUpToDate) at System.Web.Compilation.BuildManager.GetVPathBuildResultWithNoAssert(HttpContext context, VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean throwIfNotFound, Boolean ensureIsUpToDate) at System.Web.Compilation.BuildManager.GetVPathBuildResult(HttpContext context, VirtualPath virtualPath, Boolean noBuild, Boolean allowCrossApp, Boolean allowBuildInPrecompile, Boolean ensureIsUpToDate) at System.Web.UI.TemplateControl.LoadControl(VirtualPath virtualPath) at seaweb.authenticated.handler.PlaceHolderLoad(String ControlLocation, PlaceHolder PlaceHolder, Boolean boolBuildTree, String report) Sea-web: Welcome

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The first of four 50,000 dwt product carriers designed for possible future use of LNG fuel has been delivered by Philly Shipyard to American Product Tankers (APT).  Full story >>

German state bank and shipping lender HSH Nordbank faced a steep rise in loan loss provisions for shipping in the first nine months of 2016.  Full story >>

Singapore-based trust Rickmers Maritime has announced a new date for an adjourned bondholders’ meeting, with regards to restructuring SGD100 million (USD70.27 million) in bonds maturing May 2017.  Full story >>

Freight rates in container shipping staged a one-point rise in October and by doing so reached an eight-month high, but they remained well below the level of October last year.  Full story >>

Frontline, the listed tanker company in John Fredriksen’s business empire, said it had raised USD100 million in a private share placement, the proceeds of which would be used to fund growth opportunities.  Full story >>

Spot rates on Asia-Europe this week continued to build on the momentum that began in summer, rising past the USD1,000 per teu mark and raising hope for a more positive end to a brutal year in the liner shipping business.  Full story >>

Firefighting equipment available on board container ships has not developed as vessel size has increased, and the marine insurance industry wants to do something about it.  Full story >>

South Korean shipbuilder Hanjin Heavy Industries & Construction (HHIC) said on 8 December that it is considering selling its factory in Dadaepo as the cash-strapped company seeks to raise capital.  Full story >>

After Korea Line Corporation’s (KLC’s) management met Busan’s municipal authorities on 30 November the company is now expected to headquarter its box shipping unit at the city.  Full story >>

For the second time in less than a month, a US federal judge has sent a ship's chief engineer to jail for oil pollution crimes.  Full story >>

YZJ Offshore Engineering, a subsidiary of Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding, is poised to complete and deliver a jackup drilling rig on schedule, bucking the trend for rigs and drillships to be deferred amid weak oil prices.  Full story >>

Singapore-listed Mermaid Maritime has cancelled an order for a dive support and construction vessel, citing “the challenging global oil and gas market situation”.  Full story >>

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