Private-Equity Funds Bet $5 Billion on Shipping Rebound
Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising
Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising
An asylum seeker was killed and at least 77 injured in the second riot this week at a detention centre in Papua New Guinea used to process asylum seekers,
New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron
Whether working for the navy or a shipping line, seafarers are exposed to several threats in their line of work. The fact that they stay in the high seas
New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron
Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to
The U.S. Navy says crews have removed heavy oil, diesel fuel, and batteries from the grounded Japanese commercial fishing vessel Daiki Maru 7 in Guam's outer
The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose
Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a
On the occasion of the Queen Mary 2’s 10th anniversary of her delivery from STX Europe, CUNARD Line’s Chief Naval Architect Dr. Stephen Payne,
Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public
Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to
Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as
By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea
Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer
Shanghai Zhenhua Heavy Industries (ZPMC) won a $400 million order over the weekend to build a pair of high specification Friede and Goldman JU-2000E jack-up
Here's a video of the January 29, 2014 launch ceremony of the MV Breeze at BAE Systems Southeast Shipyard in Jacksonville,
By Jessica Knight, Nigeria and its coastal neighbors face a grave security problem in the form of rising maritime crime and militancy in the Gulf of Guinea –
Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers
Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock
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