Shipping News

China blocked the formation of a global alliance by the world’s three biggest shipping lines in a surprise move that ignored Western approval of the plan and

Following today’s decision by the Chinese Ministry of Commerce (MOFCOM) to not approve the P3 Network, a proposed vessel sharing alliance between the

After nearly a decade as the head of dry bulk shipping and product tanker firm NORDEN A/S, Carsten Mortensen submitted his resignation papers today and

In November 2013, DP World's $2.4 billion London Gateway deepwater port complex opened with the arrival of the first ship, the MOL Caledon.

General Dynamics NASSCO announced Monday that it has inked a contract with repeat-customer American Petroleum Tankers (APT) for the design and construction of

This relief Captain was apparently giving the deckhands a hard time so they had him put his money where his mouth

Athens-based Star Bulk Carriers Corp. announced today an all-stock deal to acquire 15 dry bulk carriers and 26 newbuilds as part of a full acquisition of

Australia's Fortescue Metals Group said on Monday it has signed a $275 million contract with a Chinese shipyard to build four big iron ore carriers in an

CONAKRY, June 14 (Reuters) – Guinea’s national assembly ratified an investment framework on Saturday to enable the government to raise nearly $20

The U.K.’s Marine Accident Investigation Branch has released its accident report into its investigation of the July 2013 allision of the oil tanker Apollo

Dutch shipbuilder Damen Shipyards has turned over a new leaf in its shipbuilding portfolio with the delivery of a hybrid version of its popular Damen ASD Tug

Italian state-owned shipmaker Fincantieri aims to make its debut on the Milan bourse in July with a stock market value of up to 1.84 billion euros ($2.5

Jumbo Shipping confirmed today the cancellation of the contract for the Jumbo Kinetic, a K-class heavy lift vessel that was under construction at Brodosplit

Genco Shipping & Trading on Thursday defended its proposed plan to exit bankruptcy on the first day of a trial over accusations by shareholders that it is

South Korea's biggest and most bizarre manhunt, linked to a ferry disaster in which hundreds drowned, has come full circle at the compound of a sect known for

The U.S. Coast Guard on Thursday released its report of investigation of the October 2012 fatal sinking of the tall ship Bounty during Hurricane Sandy off the

Egypt is pressing ahead with plans to develop a new wheat storage facility and expand port operations at two terminals in the Suez area as the country looks to

The U.S. Navy says it is seeking 37 million gallons of drop-in biofuels in what the Department of the Navy describes as a major step in its efforts to reduce

The extent of the decline in containership time charter hire rates in the past 10 years has been highlighted again with the sub-let of a trio of surplus

Heung-A Shipping announced today the order of a pair of 3,500 dwt chemical tankers for a total consideration of KRW 28,462,000,000 (approx. USD $28 million).