News

  By Mahmoud Habboush   (Bloomberg) — Cosco Shipping Co., a unit of China’s biggest shipping group, agreed to build and operate a

German shipbuilding group Lürssen has acquired Hamburg-based shipyard Blohm + Voss, the two companies announced Wednesday. Lürssen, which specializes in the

By Kyunghee Park (Bloomberg) — The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the entire

By Liezel Hill (Bloomberg) — South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as

By Russell Cheyne GRANGEMOUTH, Scotland, Sept 27 (Reuters) – Britain’s first shale gas delivery from the United States sailed into a heated

Kirby Inland Marine has agreed to pay $4.9 Million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel after

By Jonathan Saul LONDON, Sept 27 (Reuters) – The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate

By Chris Bryant (Bloomberg Gadfly) — So, Maersk might step in and buy some Hanjin assets after the South Korean shipping company’s bankruptcy

By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new

By Leila Abboud (Bloomberg Gadfly) — Satellite operator Inmarsat was founded 40 years ago to let ships communicate with land so rescuers could aid

HOUSTON, Sept 26 (Reuters) – A tanker carrying over 1 million barrels of U.S. light crude finished discharging on Monday after a 100-day wait related to

Sept 26 (Reuters) – Flooding on the Mississippi River is likely to close three locks on the grain shipping waterway from southern Iowa to northern

A 22-year-old Rhode Island man has been found alive after more than a week lost at sea in an inflatable life raft, the U.S. Coast Guard has confirmed. A

Carnival Corporation’s Chinese joint venture has agreed to order two new cruise ships to be built in China for the domestic market. The

Here’s is some video posted online showing a 2015 incident involving a bulk carrier and a VLCC. Not much information available but according to the

Some amazing video has surfaced showing yesterday’s fire fighting effort to extinguish a massive fire aboard a laden PEMEX oil tanker in the Gulf of

By Brenda Goh SHANGHAI, Sept 26 (Reuters) – For Captain Dick S. Danielsen, the childhood dream has been to sail the world’s biggest ships. The

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company was

By David Yong (Bloomberg) — A Singapore-listed builder of ships that service offshore oil and gas facilities said some creditors are seeking to wind up

By Jonathan Saul LONDON, Sept 26 (Reuters) – Baltic Exchange shareholders approved on Monday an 87 million pound ($112 million) takeover by Singapore