Japan Prime Minister Revives Dying Shipyards with Economic Stimulus
For a sign of success for Prime Minister Shinzo Abe’s economic stimulus policies look no further than Japan’s once-stricken shipbuilding
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
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
[SPONSORED] While in Tokyo at Sea Japan the other week, I met up with Peter Broadhurst, Vice President at Inmarsat Maritime who was introducing a new service
A day after dry bulk shipper Genco Shipping announced filing for Ch. 11 bankruptcy protection, the Baltic Dry Index (BDI) continues to fall further. At 930
By Megha Rajagopalan QINGDAO, China, April 22 (Reuters) – Countries embroiled in territorial rows in the East and South China Seas agreed on Tuesday to
By Narae Kim and Meeyoung Cho SEOUL, April 22 (Reuters) – The first distress call from a sinking South Korean ferry was made by a boy with a shaking
Three crewmembers from a 587-foot cargo ship were injured Sunday afternoon after the vessel was reportedly struck by a large wave about 500 miles south of
By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for
Rear Admiral Joseph Servidio has formally appointed Amy Beavers, Vice President of Regulatory Compliance at Florida-based maritime school Maritime
“Rob are you ok?” Four years ago today, a friend of mine woke me up with those words. He was referring to the drilling rig Deepwater Horizon which
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