Shipping News

U.S. shipbuilders and the greater maritime industry are fighting back against an amendment offered to a draft Puerto Rico debt relief bill currently

By Kyunghee Park (Bloomberg) — South Korea’s prosecutors raided the offices of Daewoo Shipbuilding & Marine Engineering Co. as the world’s

A handful of shipping industry leaders have teamed up in a joint project to develop a dry bulk carrier concept that uses LNG as a fuel. The project, dubbed

The 13,900 tonne topside for the Ivar Aasen project is on its way to Norway after construction was completed at a shipyard in Singapore. The platform deck was

SAO JOAO DA BARRA, Brazil, June 7 (Reuters) – Chevron Corp plans to sign a five-year agreement to lease berthing space for its vessels from U.S. oil

By Lefteris Karagiannopoulos   ATHENS, June 7 (Reuters) – Greek cruise ship operators are worried of a lasting impact on the sector from an ongoing

TOKYO, June 6 (Reuters) – The U.S. Navy slapped a drinking ban on sailors stationed in Japan on Monday and halted off base liberty after police arrested

June 6 (Reuters) – Dry bulk shipper DryShips Inc raised “substantial doubt” about its ability to stay in business after it defaulted on three

By David Roman (Bloomberg) — France will urge European Union nations to coordinate navy patrols to ensure a “regular and visible” presence in the

French container shipping company CMA CGM has launched an all-cash offer for all outstanding shares of Singapore-listed Neptune Orient Lines. The offer price

By Jonathan Saul ATHENS, June 6 (Reuters) – Moves by China to stockpile oil are providing a further boost to the tanker shipping market which is already

The U.S.-flagged freighter MV Roger Blough was safely anchored in Waiska Bay, Michigan on Saturday afternoon where it will be inspected for damage and its

The Celebrity Cruises cruise ship Celebrity Infinity ran into a little bit of trouble pulling up to a pier in Ketchikan, Alaska on Friday afternoon. Video

One year after the salvage firms Titan and Svitzer joined forces under the new brand Ardent, the combined company can report that, all things considered, the

By Joe Ryan (Bloomberg) — New York State is mounting a broad effort to reduce the cost of building a wind farm off the coast of Long Island, an

The Panama Canal Authority (ACP) says it has been informed by its contractor Grupo Unidos por el Canal, S.A. (GUPC) that the Third Set of Locks for the

By Svetlana Burmistrova ASTRAKHAN, Russia, June 3 (Reuters) – When sanctions on Iran were lifted in January, Russia might have expected to be near the

By David Tweed and Kristine Servando (Bloomberg) — As China spends billions to upgrade and reorganize the People’s Liberation Army, the

The Norwegian Civil Aviation Authority has grounded all search and rescue flights of the H225 helicopter indefinitely following a fatal accident in Norway in

CAIRO, June 2 (Reuters) – Egypt on Thursday received the first of two French Mistral helicopter carriers and said the second would arrive in September as