Shipping News

Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step

Six teenagers who survived South Korea's worst maritime disaster in 44 years told on Monday how classmates helped them float free as water flooded their cabins

Dryad Maritime has reported that 7 armed Indonesians boarded the anchored product tanker MT Ji Xiang around 2 nautical miles south of Teluk Ramunia, Johor,

China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like

A little more than three days since departing Giglio for the first time two and a half years, the Costa Concordia is approximately 20 nautical miles from

Kenyan police said on Friday they shot and killed two armed men suspected of planning an attack on a ferry in the port city of Mombasa after one of them tried

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire

Check out this video showing a pilot boat that made its approach a little too hot, leading to a collision. The boat in the video is the pilot-tender

A freighter seized off the coast of Washington state nearly four decades ago in one of the largest marijuana busts in the region's history was moved to Seattle

Freeport McMoRan’s Board of Directors says this week they are “encouraged by [their] discussions with the Indonesian government” regarding a

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel

The Costa Concordia has travelled 63 nautical miles and shows no signs of trouble after 30 hours at sea, according to an update from the project's website at

Teekay’s Research Project Manager, Nicholas Schneider notes that for the next year or so, the LNG shipping market globally will remain largely flat as

Rather than go through the costly process of the 15-year special survey, Frontline has agreed to sell three of their 1999-built VLCCs, Front Opalia, Front

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to

Here's the view of the Costa Concordia under tow from an aerial drone.

The first of new lock gates for the expanded Panama Canal have been transferred to the lock complex on the Atlantic side, marking another milestone in the $5

Track the Costa Concordia's progress here using this live AIS map courtesy

The operation to refloat the Costa Concordia has been completed, marking the end of the latest phase of the largest maritime salvage in history.

Melting Arctic ice is widening a path for ships to deliver European oil to Asia, stoking South Korea’s ambition to become a regional storage and trading