Maritime News

Italian oil service company Saipem has bid for the job of scrapping the hulk of the Costa Concordia cruise liner, which capsized off the Tuscany coast more

2014 looks to be a year of physical growth for crude tanker owner DHT Holdings. At the end of last year, DHT placed an order at Hyundai Heavy Industries

A joint venture between Russia’s United Shipbuilding Corporation and the Finnish branch of shipbuilding group STX Arctech Helsinki Shipyard  has won a

Qatar Shipping, a wholly owned subsidiary of Milaha announced today the securing of a 12 year, US $425 million fixed-term ship financing facility with a

Israeli shipping company Zim has reached an agreement in principle with most of its creditors covering $1.82 billion in debt, in a deal that will see parent

Cia. Sud Americana de Vapores SA, controlled by Chile’s billionaire Luksic family, signed an agreement with Germany’s Hapag-Lloyd AG to combine operations

Freeport-McMoRan Copper & Gold Inc., the largest publicly traded copper producer, will defer the equivalent of about a 10th of monthly sales of the metal until

Iran's oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs that

International maritime transportation firm, Heung-A Shipping announced today an $86.6 million (KRW 92.1 billion) newbuild order for four chemical tankers

Earlier today, January 21st, 2014, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced the creation of Tanker Investments Ltd. (TIL)

The Panama Canal Authority said on Tuesday it was in talks over a new financing proposal with the Spanish-led consortium in charge of expanding the waterway

IMO Secretary-General Koji Sekimizu has delivered his 2014 New Year Address, outlining some of the targets, challenges and priorities the International

New shipping rules are soon to be agreed for the Arctic, where summer sea ice has shrunk by about two-thirds over three decades, opening a new ocean with vast

As a play on the cyclical, secondhand crude tanker market, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced today the creation of a

In a letter obtained by gCaptain, Stena Line’s Head of Human Resources Mick Ambrose layed out a difficult scenario to his company’s employees last

The Panama Canal Authority (PCA) has turned down an offer by the European Commission to mediate in a multi-billion dollar dispute with a Spanish-led

The Port of Rotterdam over the weekend saw the arrival of nine Super Post Panamax container cranes in three shipments from China, marking the first time ever

The U.S. Coast Guard reports today that twenty-four sailors from the M/V Rich Forest are now safe after being rescued by the bulk carrier CS Sunshine, 440

BW LPG confirmed today that they have negotiated a plan with Hyundai Heavy Industries to move the construction timeline 10 months to the left on their pair of

Belships ASA announced their intentions today to exit the product tanker market and concentrate exclusively on the dry bulk sector upon the expiration of the