Shipping News

A good samaritan fishing vessel rescued four survivors from the Atlantic Ocean following a collision involving two U.S. Navy fighter jets 25 miles east of

CAIRO, May 26 (Reuters) – Egypt’s air accidents chief said on Thursday that a vessel provided by French company ALSEAMAR, which specializes in

By Firat Kayakiran (Bloomberg) — Tanker owners hauling the world’s crude were among the few big winners from an oil-price crash that started in

By David Fickling and Andy Mukherjee (Bloomberg) — What does Singapore’s bourse hope to get out of its takeover of the Baltic Exchange? On the face

Royal Caribbean International on Wednesday announced plans for a fifth Oasis-class cruise ship as well as two luxury liners for its Celebrity Cruises

By Alex Nussbaum and Naureen S. Malik (Bloomberg) — A century after transforming global markets, the Panama Canal is about to redraw world trade once

By Jonathan Saul LONDON, May 25 (Reuters) – Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to

By Tom Finn DOHA, May 25 (Reuters) – Six international oil firms including BP and Royal Dutch Shell Plc have bid to operate Qatar’s largest

A wooden fishing boat overcrowded with more than 500 refugees capsized off the coast of Libya on Wednesday, killing at least five people. A series of

By Alaric Nightingale (Bloomberg) — The Baltic Exchange Ltd., a London-based publisher of shipping rates that shape the cost of hauling everything from

A crewman on board the U.S. Coast Guard Cutter Eagle reportedly fell overboard during a visit to Ireland Tuesday morning.  The Royal National

By Alex Lennane (The Loadstar) – The IMO has urged regulators to take a “pragmatic” approach to the new SOLAS VGM requirements for the first three

SEOUL, May 24 (Reuters) – Creditors of struggling South Korean shipper Hyundai Merchant Marine Co Ltd have agreed to a 680 billion won ($570.27 million)

By Mikael Holter (Bloomberg) — The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the clear message

By Andy Hoffman (Bloomberg) — Global container shipping lines face one or two more years of pain as the industry consolidates amid overcapacity and

Houston-headquartered drilling contractor Rowan says it has reached an agreement with one of its customers for the early termination of the drilling

Jacksonville, Florida-based Crowley Maritime Corp. announced Monday an additional $21 million investment for improvements and upgrades at its Isla Grande port

By Tim Hepher and Ahmed Aboulenein PARIS/CAIRO, May 23 (Reuters) – Teams searching for the black box flight recorders of a missing EgyptAir jet that

BEIJING, May 23 (Reuters) – A Chinese government bureau is planning a base station for an advanced rescue ship in the disputed Spratly Islands, state

CAPE TOWN, May 23 (Reuters) – South Africa’s navy has detained three Chinese ships with around 100 crew on board on suspicion of illegal squid