Shipping News

(ICC International Maritime Bureau) – Piracy and armed robbery on the world’s seas is persisting at levels close to those in 2014, despite reductions

Update (Feb. 2, 2016): The tug Centaurus towing the Modern Express entered Spanish waters overnight as the convoy approached the port of Bilbao at a speed of 3

CHICAGO, Feb 1 (Reuters) – Outer Harbor Terminal LLC filed for Chapter 11 bankruptcy protection on Monday, two weeks after terminating its lease held in

SAO PAULO, Feb 1 (Reuters) – A Brazilian judge sentenced the former head of state-run oil company Petrobras’ international division to 12 years and

Svitzer signed a memorandum of understanding (MOU) with Guangzhou Port Group to create a towage and marine services joint venture for the world’s 5th largest

Philly Shipyard announced that it has started construction on the first product tanker in a four vessel order for American Petroleum Tankers (APT). The

Feb 1 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a new

Update (Monday Feb. 1, 2016): Modern Express Saved! Drifting Cargo Ship Under Tow in Bay of Biscay Update (Sunday Jan. 31, 2016): Crews have started

By Phil Stewart and Nathaniel Taplin WASHINGTON/SHANGHAI, Jan 30 (Reuters) – A U.S. Navy destroyer sailed within 12 nautical miles of an island claimed

By Yeganeh Torbati and Parisa Hafezi WASHINGTON/ANKARA, Jan 29 (Reuters) – An unarmed Iranian drone flew directly over a U.S. aircraft carrier operating

By Joseph Ax and Daniel Bases NEW YORK, Jan 29 (Reuters) – New York and New Jersey’s cargo terminals shut down on Friday after more than a thousand

Update: The salvage team has abandoned the Modern Express for the night after an attempt to establish a tow line was unsuccessful, Maritime Prefect

By Bill Callahan (Bloomberg) — A U.S. Navy officer pleaded guilty to bribery over allegations he gave classified information about where ships were

By Tony Capaccio (Bloomberg) — The U.S. Navy’s Littoral Combat Ship struggled in drills at sea to fend off a swarm of small attacking vessels like the

By Jonathan Saul LONDON (Reuters) – Iran is slowly winding down stocks of oil stored on tankers close to its shores and the process is likely to take

For Latest Updates: Modern Express Adrift in Bay of Biscay Thursday: The Panamanian-flagged car carrier Modern Express continues to drift eastward in the Bay

The International Transport Workers’ Federation (ITF) has issued a strongly worded statement against Spain’s decision to sentence the former

The American Maritime Partnership is the demanding the retraction of what it says is an erroneous report released by an infrastructure lobbying group slamming

PARIS, Jan 28 (Reuters) – France’s CMA CGM, the world’s third-largest container shipping group, will expand its presence in Iran after

By Keith Wallis SINGAPORE, Jan 28 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes