Shares of stock in Dryships, Inc. (NASDAQ: DRYS) were trading just over $1 on Friday, down more than 70% since the beginning of the year, after the company

LONDON/TOKYO, Jan 20 (Reuters) – Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio

One person has died and another was seriously injured overnight in an explosion in the boiler room of a ship at the port of Felixstowe. Suffolk Police

SHANGHAI, Jan 20 (Reuters) – Hong Kong-listed shipper Orient Overseas International Ltd said on Friday it had not received any bids for its subsidiary

By Keith Wallis SINGAPORE, Jan 20 (Reuters) – A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other

Ceremony marks the first crossing of the Equator. Vessel in the video is the Norwegian-flagged offshore supply vessel World Sapphire during a voyage

Norwegian shipbuilding group Ulstein has announced the delivery of its largest offshore construction vessel (OCV) to date, the Island Venture. The OCV was

Carnival Corporation has announced plans to build to new cruise ships at Italy’s Fincantieri to add to the cruise company’s Holland America Line

All passengers are safe after a fire broke out in the bridge wing of a car and passenger ferry operating in the Solent between the Isle of Wight and

New amendments entering into force this week under the IMO’s Maritime Labour Convention (MLC 2006) seeking to protect the financial security of

LONDON, Jan 19 (Reuters) – A Norwegian shipping firm on Thursday denied a tanker it manages had violated a European court ruling after Western

By Mike Wackett (The Loadstar) – Following the bankruptcy of Hanjin, Taiwan’s Yang Ming is now the container line in the greatest financial danger,

A Russian convoy of two bulk carriers and two icebreakers are stuck in ice in part of the Northeast Passage off northern Russia.  The two bulk carriers,

The American car carrier Alliance St Louis is now under tow in the Gulf of Mexico after an engine room fire left the vessel adrift for more than two

By Keith Wallis SINGAPORE, Jan 19 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly

By Jim Christie SAN FRANCISCO, Jan 18 (Reuters) – Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on

Today marks ten years since the UK-flagged MSC Napoli ran into trouble in the English Channel, setting off what is probably the largest maritime salvage

Wärtsilä will supply a 150 MW Smart Power Generation plant to Ace Alliance Power Limited, a special purpose company owned by the Summit Group of Companies in

US-based crude oil shipping company Gener8 Maritime has taken delivery of the VLCC Gener8 Hector from Hanjin Heavy Industries and Construction’s Subic

(LISW) – The UK Government’s purpose is for Britain’s maritime sector to be as great as it can be and to be “greater than we imagined possible over