News

A Spanish court on Wednesday found the crew and the government not guilty of criminal responsibility in the 2002 sinking of the Prestige oil tanker, Spain's

By Jonathan Saul and Matt Scuffham LONDON, Nov 13 (Reuters) – Lloyds Banking Group has sold a $500 million-plus portfolio of shipping loans to cut its

The United Nations appealed for contributions to fund relief operations in the Philippines, where Super Typhoon Haiyan may have killed at least 2,500 people

Damen Shipyards has delivered the “World Emerald,” number four of six Damen PSV 3300 CD platform supply vessels delivered this year to Norwegian

Seabulk Tankers has returned to NASSCO shipyard in San Diego for up to two additional dual fuel-capable product tankers in the latest display showing U.S.

US Jones Act flag-carriers Horizon Lines and Matson are eyeing liquefied natural gas (LNG) as the fuel of the

Rescuers in the Philippines battled to deliver emergency aid to areas ravaged by Super Typhoon Haiyan, which may have killed more than 10,000 people, as

Two tanker hijackings in about a month in the South China Sea and Malacca Strait, a route for about a quarter of sea borne oil trade, have fuelled fears piracy

Blackstone Group LP, the world’s largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen are amassing tanker

Philippine President Benigno Aquino declared a state of calamity to speed aid to communities ravaged by super Typhoon Haiyan, which may have killed more than

Brazilian shipbuilder OSX Brasil SA filed for bankruptcy protection on Monday, becoming the second company controlled by former billionaire Eike Batista to

The Maersk Texas, a 19,500 dwt Maersk-Rickmers U.S. flag heavy-lift project carrier recently lifted and moved a pair of support craft for the U.S. Navy, the

By Joseph Akwiri MOMBASA, Kenya, Nov 11 (Reuters) – Nine suspected pirates have been arrested on suspicion of trying to hijack a Danish refined oil and

The conclusion of Europort 2013 on 8 November allowed business to take stock on how technology can address the key challenges that face the maritime and

Super Typhoon Haiyan devastated the Philippines when it hit on Friday night, 8 November. The scale of the destruction is unbelievable – around 10,000

Royal Bank of Scotland (RBS) is in talks to sell a shipping loan worth close to $800 million as part of moves to scale down exposure to the seaborne industry,

Nov. 11 (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, will boost its dividend and cut costs as part of an agreement

By Gavin van Marle Taiwanese shipping line Evergreen has denied that its fleet modernisation programme will significantly affect the overall supply can demand

Able-bodied seamen, decorative sails meant to evoke fish fins and dozens of security cameras will eventually make up the on-board complement of a mysterious

One of the most powerful storms ever recorded killed at least 10,000 people in the central Philippines province of Leyte, a senior police official said on