Shipping News

Rates for capesize bulk carriers on key Asian routes are set to slide next week as too many ships chase too few cargoes from Australia and Brazil, brokers

19 crew members from the South Korean-flagged bulk carrier JS Comet simultaneously came down with an apparent case of debilitating food poisoning off Port

KKR & Co.’s Turkish ferry unit, its sole investment in the country, has attracted binding bids from Danish shipping company DFDS Group A/S and an alliance of

A U.S. bankruptcy judge said on Wednesday he will approve Genco Shipping & Trading Ltd's plan to exit its Chapter 11 bankruptcy after he overruled objections

Since Euronav’s announcement on 5 January 2014 of their acquisition of 15 Maersk Tankers’ VLCCs, the company notes that 8 ships have so far been

Australia’s Administrative Appeals Tribunal last week affirmed the Australian Maritime Safety Authority’s October 2013 detention of the 2007-built

A Danish ship carrying some of Syria's most dangerous chemical agents began transferring them on Wednesday onto an American cargo vessel equipped with special

German shipping company Hapag-Lloyd's designated Chairman Michael Behrendt said he was confident that market conditions would support plans for an initial

The Port of Rotterdam has announced that as of 1 July, vessels can bunker LNG (Liquefied Natural Gas) in the port of Rotterdam. Up to now only inland shipping

The U.S. Coast Guard has reopened the Mississippi River tonight near St. Louis, Missouri after a 70-foot towing vessel named Jim Marko sank earlier on Tuesday

Fred. Olsen Windcarrier's "Brave Tern" and "Bold Tern" jacked up at Global Tech 1 Offshore Windfarm in the North Sea off the coast of Germany.

The chief executive of Zim, Israel's biggest shipping company, has indicated he wants to step down once its $3 billion restructuring plan has been implemented,

Hyundai Mipo Dockyard (HMD) announced today the winning of a six-ship petrochemical tanker newbuild order worth KRW 187,500,000,000 (USD $185 million). The

By Phoebe Sedgman July 1 (Bloomberg) — The authority that oversees Australia’s Port Hedland, the world’s biggest bulk-export port, merged with nearby

By Anna Louie Sussman NEW YORK, July 1 – U.S. ship builders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale

Italian authorities voting on the final destination of the Costa Concordia shipwreck have opted to stick to original plans for the hulk, calling for its

On Friday June 6, the HOS Black Watch was launched at Eastern Shipbuilding's Allanton facility in Panama City,

Overall confidence levels in the shipping industry fell slightly during the three-month period to May 2014 but remain at their second-highest level for the

On June 24, 2014, various news sources reported that the Department of Commerce (“DOC”) had allowed two companies to export processed condensate,

Iron ore prices, heading for a second straight quarterly loss, will rebound as the daily closure of mines supplying high-cost output in China boosts demand for