Shipping News

China Shipping Container Lines (CSCL) released their 2013 annual report today, and with it, revealed a year that showed major financial losses to the company

South Korean President Park Geun Hye apologized over a ferry sinking that left more than three hundred people dead or missing, the nation’s worst maritime

New video just released by the South Korean Coast Guard shows the captain of the Sewol abandoning the heavily listing ship into a coast guard lifeboat as

Just as every gas pump in the United States has a stamp on it saying it’s been certified by a weights and measures regulatory body, shipowners are asking

April 28 (Bloomberg) — Iron ore futures in China, the biggest buyer of the steel-making commodity, fell the most in more than a month after a report that

By Colin McClelland and Manuel Soque April 25 (Bloomberg) — Angola’s main port installed new cranes and provided more training to reduce its cargo

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for marine hose and was sentenced to two years in prison, the U.S.

DUBAI, April 24 (Reuters) – Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as

For a sign of success for Prime Minister Shinzo Abe’s economic stimulus policies look no further than Japan’s once-stricken shipbuilding

By Michael Hirtzer April 24 (Reuters) – U.S. exporters last week shipped the most corn in at least 24 years, government data showed on Thursday, despite

Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25

Following up on an announcement last August, China COSCO has been busy this year selling their ships for scrap as part of their company’s restructuring

Scafi, the Italian shipping group has ordered their 15th Damen tug today as part of their continual fleet renewal program. Damen notes that although this is

By Jeremy Wagstaff SINGAPORE, April 24 (Reuters) – The next hacker playground: the open seas – and the oil tankers and container vessels that ship

By Chris Cooper and Kiyotaka Matsuda April 24 (Bloomberg) — A Chinese court released a Japanese ship owned by Mitsui O.S.K. Lines Ltd. after the cargo

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

At the end of 2013, the Hong Kong-flagged chemical tanker Maritime Maisie was t-boned by the car carrier Gravity Highway which was on sea trials from Hyundai

MOSCOW, April 23 (Reuters) – The Yamal LNG project in Russia’s Arctic has chosen Russian Sovcomflot, Japan’s Mitsui OSK and Canada’s

South Africa’s  Transnet National Ports Authority (TNPA) has awarded IHC Merwede the contract for the design, construction and delivery of a

General Dynamics’ American Overseas Marine (AMSEA) business unit won a major contract extension today from the U.S. Navy to continue to operate and