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IHS Maritime Sea-web: Latest Maritime News
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Cruise giant Carnival Corp has announced better-than-expected 1Q15 results, prompting its NYSE-listed stock to rise in heavy trading.  Full story >>

Japanese shipping executive Toru Otoda has been sentenced to 18 months in a United States prison and fined USD20,000 after admitting taking part in a scheme to rig bids and fix prices on ro-ro cargo.  Full story >>

Korea’s Hyundai Mipo Dockyard (HMD) has won a new order for two pure car-and-truck carrier (PCTC) from Israel based Ray Car Carriers.  Full story >>

Italian shortsea container carrier Tarros and Turkish ship operator Arkas have upgraded their their joint intra-Mediterranean service with the addition of a fifth vessel – the geared 1,736 TEU EM Spetses.  Full story >>

China’s Supreme People’s Court has made it clear for the first time that arrested vessels on bareboat chartering can be auctioned at the request of creditors.  Full story >>

German container line Hapag-Lloyd closed 2014 with a huge net loss of EUR604million (USD662Million) despite solid cargo volume growth and savings from lower fuel costs.  Full story >>

Shareholders of Golden Ocean Group and Knightsbridge Shipping, both listed dry bulk carrier operators in John Fredriksen's business empire, have agreed to a proposed merger.  Full story >>

Somali pirates are moving closer to India, defence minister Manohar Parrikar has claimed.  Full story >>

The Cypriot government has announced plans to transfer all commercial operations at the Port of Limassol to private sector operators by the beginning of April next year.  Full story >>

Taiwanese carrier Wan Hai Lines announced today that a new Asia–Middle East string called China–Middle East Service II will be launched in April, which will be the second loop of Wan Hai Lines’ Asia–Middle East service.  Full story >>

Most Chinese commodity imports remained weak in February, stated Italian shipbroker Banchero Costa in its latest research report.  Full story >>

Taiwan-listed bulk carrier Franbo Lines announced on 26 March that the company has borrowed USD32 million from five financial institutions to order three eco-ships.  Full story >>

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