Disastrous final quarter pushes FSL into the red for 2012

  Singapore: An especially brutal final quarter saw Singapore’s First Ship Lease Trust notch up an $8.4m loss for 2012, on the back of revenue slipping 4.2%. Three tankers were taken back by Berlian Laju Tankers and charters were slashed on a pair of Torm ships, leading to a big dent in revenues for the…

Oil Tanker Hijacked Off Abidjan, Ivory Coast

  Neptune Maritime Security reports that Koda Maritime’s Serge Constant stated that the company is getting contradictory information about police operations, but it’s now certain that the tanker has been taken into Ghanaian waters. Armed men have seized an oil tanker off Ivory Coast’s main city, Abidjan, officials say. The Panamanian-flagged vessel, ITRI, was attacked…

China ships in waters around Senkaku disputed islands

  Tokyo (ANTARA News) – Three Chinese government ships Saturday entered Japanese territorial waters around disputed islands, Japan`s coastguard said, hours after a veiled US warning to Beijing not to challenge Tokyo’s control. The surveillance vessels sailed in waters around the islands known as the Senkakus in Japan and Diaoyus in China for nearly five…