Shipping News

By Mike Wackett, UK-based containership owner Global Ship Lease (GSL) has revealed it has contracted revenue of $900m in long-term charters on 15 of its fleet

Rick and his wife Wanda were in the Bay of Exploits, Newfoundland when the iceberg they were observing suddenly collapsed right before her eyes. Let's just say

A planned three-hour whale watching cruise off the Massachusetts coast turned into an all-night affair for 163 people aboard a boat that limped back into

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling

Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step

Six teenagers who survived South Korea's worst maritime disaster in 44 years told on Monday how classmates helped them float free as water flooded their cabins

Dryad Maritime has reported that 7 armed Indonesians boarded the anchored product tanker MT Ji Xiang around 2 nautical miles south of Teluk Ramunia, Johor,

China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like

A little more than three days since departing Giglio for the first time two and a half years, the Costa Concordia is approximately 20 nautical miles from

Kenyan police said on Friday they shot and killed two armed men suspected of planning an attack on a ferry in the port city of Mombasa after one of them tried

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire

Check out this video showing a pilot boat that made its approach a little too hot, leading to a collision. The boat in the video is the pilot-tender

A freighter seized off the coast of Washington state nearly four decades ago in one of the largest marijuana busts in the region's history was moved to Seattle

Freeport McMoRan’s Board of Directors says this week they are “encouraged by [their] discussions with the Indonesian government” regarding a

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel

The Costa Concordia has travelled 63 nautical miles and shows no signs of trouble after 30 hours at sea, according to an update from the project's website at

Teekay’s Research Project Manager, Nicholas Schneider notes that for the next year or so, the LNG shipping market globally will remain largely flat as

Rather than go through the costly process of the 15-year special survey, Frontline has agreed to sell three of their 1999-built VLCCs, Front Opalia, Front

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to

Here's the view of the Costa Concordia under tow from an aerial drone.