News

Athen-based dry bulk shipping firm, Diana Shipping Inc. (NYSE: DSX), has announced that over the past week, it has entered into a pair of time charter

Update (March 11, 2013): European Union Naval Force (EUNAVFOR) reports today the 26 crewmembers of M/T Smyrni have been released as of Sunday 10 March at

(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the

Almi Sun and Almi Explorer have been delivered by Daewoo Shipbuilding and Marine Engineering Shipyard (DSME) and have commenced operations. These ships are

Havila Shipping (OSLO:HAVI) announced today they have entered into new contracts with Statoil for their platform supply vessels, Havila Clipper and Havila

Royal Boskalis Westminster N.V. (Boskalis) announced today the acquisition of dredging contracts in Australia and Vietnam with a combined contract value of

(Bloomberg) — A liquefied natural gas carrier signaled that it’s sailing to Angola, prompting speculation shipments of the fuel from a project in

By Niklas Pollard and Balazs Koranyi STOCKHOLM/OSLO, March 10 (Reuters) – Executive excess need not be etched in stone. Just look at the Nordic region,

(Bloomberg) — An Indonesian-registered vessel sank in Singapore waters after colliding with a ferry this morning, triggering a search and rescue

(Bloomberg) — One of two Pakistani engineers seized from a vessel by gunmen on Feb. 22 in southeastern Nigeria was rescued from the sea, with his

(Bloomberg) — Rates to charter the largest oil tankers on their busiest trade route were little changed as the glut of vessels absorbed increased demand.

The U.S. Coast Guard is still seeking information from the public about the mysterious wreckage found last week off the coast of Florida near the entrance to

Becker Twisted Fins, designed by Becker Marine Systems, were retrofitted onto seven “Santa” class container vessels of the fleet of liner shipping

(Bloomberg) — The Baltic Dry Index, a measure of commodity-shipping costs, rose to the highest level this year on demand to transport grain cargoes.

FRANKFURT, March 8 (Reuters) – Hapag-Lloyd co-owner Klaus-Michael Kuehne wants the container shipping group’s prospective merger partner

(Bloomberg) — Europe-to-Asia freight rates will defy a decline in the other direction this year as exports heading east grow faster than imports, helping

GC Rieber Shipping ASA announced today that they have entered into a charter agreement with Ceona Services (UK) Limited for its high capacity subsea newbuild

Maritime recruitment and executive placement firm, Flagship Management, LLC announced today that Sheila LaFleur has joined their Florida-based team. Sheila is

By Environment Correspondent Alister Doyle OSLO, March 7 (Reuters) – Canadian glaciers that are the world’s third biggest store of ice after

(Bloomberg) — Billionaire investor Carl Icahn proposed three new Transocean Ltd. board candidates and said he’d push for a higher dividend after