Maritime News

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

It’s been since six weeks since the freighter “Siderfly” collided with the 116-meter gas carrier Coral Ivory, and the vessel still waits at

Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and

The Royal National Lifeboat Institution is an all-volunteer, charity-funded organization aimed at ending the preventable loss of life at sea in an around the

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival

Dec. 18 (Bloomberg) — China has rejected more than half a million metric tons of genetically modified U.S. corn in November and December, almost three

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S.

Pirates have attacked an oil products tanker off the coast of Nigeria and kidnapped its Ukrainian captain and a Greek engineer, Greek coast guard officials

With the threat of Aker Arctic leaving Finland to pursue more profitable pastures, Finnish Industry Investment Ltd, an investment arm of Finland’s

CBC’s Rick Mercer transits the Welland Canal on board the CSL bulk carrier Whitefish Bay. The Welland Canal is a key point in the St. Lawrence Seaway as