News

APM Terminals BV, the port operator owned by AP Moeller-Maersk A/S, wants to buy more ports in Turkey, a market where container volumes are growing twice as

Royal Caribbean and Chinese travel service provider Ctrip have announced a new joint venture designed to serve the booming Chinese cruise market with a new

Greece has sent a frigate to rescue a container ship believed to carrying hundreds of undocumented migrants and in distress off its southern island of Crete,

Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would

Helix ESG’s light well intervention/dive support vessel MSV Seawell will be back up on blocks next month at Damen Shiprepair Vlissingen for a major

Indonesian shipper Meratus Line has been flagged by the Australian Maritime Safety Authority (AMSA) due to repeated compliance issues related to one of its

Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering

A cargo ship struck a lock gate in a chamber of the Kiel Canal in Germany on Monday, causing damage so severe that the gate will need to be replaced

After at least 4 years under construction and decades of planning, the giant Pieter Schelte catamaran has set sail from the shipyard in South Korea for

Two people were killed Monday morning when the barge they were on sank in heavy seas off the coast of

While in Charleston, South Carolina yesterday, BP Shipping’s British Emissary, a 34k deadweight oil products tanker, suffered a catastrophic a rather

Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the

Maersk Drilling reports today its jack-up rig Maersk Resolute will continue to be employed by Hess until April 2016 after four one-well contract options were

Nordic LNG provider Skangass signed a two year agreement with ENI today for the supply LNG from the Fluxys terminal in Zeebrugge to Skangass’ newly opened

Gunvor Group Ltd. is looking to Asia for the next leg of its expansion as the company loosens the Russian ties that made it the world’s fifth-biggest oil

By Bryan Abell, Six Maritime Piracy in the Malacca Straits is as old as the trade routes that snake between Indonesia, Malaysia and Singapore.  Mariners have

By Jakob Pinkster The new book “Ship Handling” by Hervé Baudu is an expanded English language version of the award winning (2012 French Maritime Society

One sailor was killed and two others were seriously injured Friday in an apparent lifeboat accident while off the coast of Germany near the Elbe