Shipping News

TUI Cruises announced today the order for two new ships from STX Europe’s shipyard in Turku, Finland. The ships will be sister vessels of two other ships

Matz Maersk, the ninth 18,270 TEU containership built for the A.P. Moller – Maersk Group made its maiden voyage port call to Bremerhaven on 27 July and

A ferry with about 200 passengers aboard capsized on Monday in the river Padma southwest of Dhaka and rescue teams took about half of them to safety, the chief

Egypt has chosen a consortium that includes the Egyptian army and global engineering firm Dar al-Handasah to develop an international industrial and logistics

Rosatom, Russia’s State Atomic Energy Corporation announced last week that its subsidiary Rusatom Overseas signed a Memorandum of Understanding with CNNC

Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand

Bouchard Transportation Co. announced Friday further expansion of its ongoing fleet expansion program with the construction of two 6000-hp ATB

Lawmakers from German Chancellor Angela Merkel’s party are pressuring the government to prevent France from delivering two warships to

Asian spot liquefied natural gas (LNG) remained at depressed levels this week amid weak demand, but traders were looking for floating storage to take advantage

In 1959, Dutch lifeboat manufacturer Verhoef introduced the world’s first freefall lifeboat. Looking a bit like a submarine and made of aluminum, it was

Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking

Congressman John Garamendi (D-CA), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee,

Princess Cruises says it has placed an order a new 143,000-ton cruise ship from Italian shipbuilding group

Imtech Marine USA re-introduces Radio Holland, focusing on Service and Nav/Com support to maritime customers One year ago Captain Eric Clarke resigned his post

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority

Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global

Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of

Maran Tankers Management (MTM), a shipping company privately owned by John Angelicoussis, placed an order today for four new Very Large Crude Carriers (VLCCs)

Phillips 66, the refining company that saw its shares drop last month on news of expanded U.S. oil exports, said second-quarter profit declined 9.9 percent as