The New York-listed tanker firm could emerge out of bankruptcy as early as April.

Singapore high court dismisses Prestige Marine's appeal against a decision made in favour of Marubeni.

Moody's says shipping lines' cash flow will remain weak.

Leases to the Indonesian shipping firm account for about 13% of its total revenues in 2011, the trust says.

Revision reflects its opinion that Buckeye's credit metric may remain weak for an 'extended period.'

Appeal court judges raise questions about forced sale of arrested ship.

Further slowing down 'unlikely' to ease overcapacity, says Alphaliner.

Negative outlook for 2012 as charter rates remain low and bunker fuel costs expected to remain firm.

Terminates the charter of the M/V Friendly Seas to Italian firm Deiulemar Compagnina di Navigazione.

Decline in box rates puts pressure on NOL's earnings even as liftings increase by 6% during the last six weeks of 2011.

Broker says bunker suppliers are 'starting to avoid BLT.'

The market value of its publicly held shares has fallen below the $5 million minimum requirement, says Nasdaq.