Shipping News

The Egyptian postal service had the best intentions when issuing a series of stamps to commemorate the Suez Canal and its multi-billion expansion project, only

By Sam Kim Sept. 15 (Bloomberg) — North Korea has tried to enhance its submarines to make them capable of firing ballistic missiles as it seeks to boost

A passenger ferry seeking shelter from a strong typhoon capsized Sunday night in Manila Bay,

The UK Marine Accident Investigation Branch has released its report from an investigation into the September 2013 grounding of the chemical tanker Ovit in the

It’s been a breakthrough week in the development of the first Very Large Ethane Carriers (VLECs) with major announcements from two of the world’s

New York-listed Seaspan Corporation (NYSE:SSW) announced today that Yang Ming Marine Transport Corp. has confirmed a ten year fixed-rate time charter extension

Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a

Finnish manufacturer Wärtsilä says it has awarded a contract to supply the main engine for the first LNG-fueled dry cargo

Intermarine chairman Andre Grikitis cited lack of operational experience last month as one of reasons many shipowners encountered troubles after taking

World's largest classification society DNV GL has released details of a new concept ship design for the short sea shipping market which is battery powered,

Hapag-Lloyd and Compania SudAmericana de Vapores secured conditional European Union approval on Thursday for their tie-up to create the world's fourth-largest

P&O Maritime, a subsidiary of Dubai's DP World, one of the world's largest port operators, has bought a majority stake in Spain's Remolcadores de Puerto y

The MV Ince Inebolu was refloated by its own means today after running aground September 5th on the Greek island of

Master limited partnerships, tax- exempt companies that pay investors most of their income at the cost of added risk, are spreading in the shipping

The House Subcommittee on Coast Guard and Maritime Transportation held a hearing today to review the status of the U.S. Merchant Marine, issues impacting

The U.S. Energy Department announced today that it issued the final authorization for two projects to export domestically produced liquified natural gas to

Vietnam demanded compensation after Chinese boats allegedly rammed and robbed its fishing boats and beat some members of their crews, fanning tensions already

The all-electric, aluminum car ferry “ZeroCat 120” has been awarded the prestigious 'Ship of the Year' award at the SMM trade show in Hamburg this

Lots of announcements in Hamburg this week during SMM.  Here’s the latest, in no particular order: New Engine for Rolls-Royce: For the first time in 10

Bermuda-based crude oil shipping firm DHT Holdings announced today that it has acquired Samco Shipholding Pte. Ltd, a Singapore firm that owns and operates a