Shipping News

By Lin Noueihed and Chine Labbé CAIRO/PARIS, June 1 (Reuters) – A French search vessel has picked up signals from one of the black boxes of EgyptAir

SEOUL, June 1 (Reuters) – A majority of Hyundai Merchant Marine Co Ltd (HMM) bondholders have approved a debt-for-equity swap plan, South Korea’s

By Joyce Lee GEOJE, South Korea, June 1 (Reuters) – Geoje Island, off the southeastern tip of the Korean peninsula, appears as prosperous as ever:

By Marianna Parraga and Sarah McFarlane HOUSTON/LONDON, May 31 (Reuters) – Four tankers carrying over 2 million barrels of U.S. crude are stuck at sea

By Mike Wackett (The Loadstar) – The number of container vessels sent to breakers’ yards so far this year will shortly eclipse the total demolished in

By Silvia Ognibene FLORENCE, Italy, May 31 (Reuters) – A 16-year prison sentence for the former captain of the Costa Concordia cruise liner for his role

Dutch marine contractor Boskalis says its joint venture Fehmarn Belt Contractors has been awarded a $334 million contract related to the construction

Some sobering comments from the head of the world’s largest shipping association on the perilous state of dry bulk market, currently in the grips of the

A U.S.-flagged freighter that spent Memorial Day weekend hard aground in Lake Superior is still stuck Tuesday as salvage crews continue on plans to refloat the

By Kyunghee Park (Bloomberg) — South Korean shipbuilder STX Offshore & Shipbuilding Co. filed for court protection, the latest trouble to surface in

Maersk Drilling has entered into a definitive agreement to acquire the newbuild harsh environment jack-up rig from struggling rival Hercules Offshore (Nasdaq:

ROME, May 28 (Reuters) – An Italian marine who Indian prosecutors accuse of murdering two fishermen during an anti-piracy mission returned home on

Australian authorities have detained a Panama-flagged bulk carrier in Brisbane after officials found that the crew was untrained in the operation of the

The removal of fuel and all hazardous materials from the stranded bulk carrier Los Llanitos concluded earlier this month as the salvage now moves to

Lying below the surface of the bay and extending from the tip of Sandy Hook to the south shore of Long Island is a series of shoals that separate

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption

By Benjamin Katz (Bloomberg) — The joint venture that is building two aircraft carriers for the U.K.’s Royal Navy is fighting to meet a 6.2 billion

By Bate Felix PARIS, May 27 (Reuters) – French CGT union members at the CIM, an oil storage and supply services company which handles about 40 percent of

By Mike Wackett (The Loadstar) – Maersk Line’s aggressive growth strategy in the first three months of this year was a contributing factor in the 23%

By Valerie Volcovici and Emily Stephenson BISMARCK, N.D., May 26 (Reuters) – Donald Trump, the presumptive Republican presidential nominee, promised on