News

LAGOS, Feb 8 (Reuters) – Pirates have kidnapped seven Russians and one Ukrainian after attacking the cargo ship the BBC Caribbean off the coast of

By Stine Jacobsen COPENHAGEN, Feb 8 (Reuters) – Danish shipping and oil group A.P. Moller-Maersk plunged to an unexpected loss last year, hit by

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of

A relief captain’s ill-advised decision to perform a ‘downstreaming’ maneuver in high water conditions resulted in the capsizing and sinking of

Seafarers on board a ship held at Fawley Port in the UK were found to be without warm clothing for days and their wages unpaid for three months, according

The Canadian Coast Guard said it was monitoring the disabled cargo ship MV Thorco Crown approximately 32 nautical miles off the coast of Port aux Basques,

By Fergus Jensen and Henning Gloystein JAKARTA/SINGAPORE, Feb 7 (Reuters) – Loading disruptions at ports in East and South Kalimantan on the Indonesian

By Shobhana Chandra (Bloomberg) — The U.S. trade deficit widened last year to the biggest since 2012 as exports fell more than imports, though a

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s biggest sea carrier, said it will post losses through the first half of

By Bailey Lipschultz (Bloomberg) — While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have

By Letitia Stein TAMPA, Fla., Feb 6 (Reuters) – The U.S. investigation into the deadly sinking of a cargo ship during a 2015 hurricane entered its final

The U.S. Navy has decommissioned the world’s first nuclear powered aircraft carrier, USS Enterprise (CVN 65), during a ceremony held in the ship’s

By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday

As of 0600 UTC 06 February, an intense hurricane force 932MB low was moving northward over the eastern North Atlantic is producing storm force winds outward

Some heavy weather in the eastern North Atlantic caused an unladen LPG tanker to drag anchor and reportedly touch bottom in Cork Harbour in southern Ireland on

By Mike Wackett  (The Loadstar) – Ahead of the Maersk Group 2016 annual report due on Wednesday, analyst Jefferies has predicted a substantial

Maersk Line and Hamburg Süd have announced slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M

The Panama Canal set a new monthly tonnage record in January 2017 with 36.1 million Panama Canal tons (PC/UMS) and 1,260 ships transiting through both the

By Gwladys Fouche OSLO, Feb 6 (Reuters) – Tanker firm DHT Holdings unanimously rejected late on Sunday the proposed deal by rival Frontline, controlled

Today’s ship photos show the Military Sealift Command-chartered tanker MT Maersk Peary arriving at the McMurdo Station ice-pier in support of the