Shipping News

South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10

An unmanned submarine on its seventh dive for the missing Flight MH370 may complete its mission in the southern Indian Ocean within a week, said the Australian

Built by Arctech Helsinki for the Russian Ministry of Transport, Baltika is the world’s first icebreaker built with an asymmetrical hull which allows it

Tsuneishi Group (ZHOUSHAN) Shipbuilding has received newbuild orders this week for four 1,020 TEU containerships from the Hong Kong-based subsidiary of

By Jonathan Saul and Freya Berry LONDON, April 17 (Reuters) – Shipping companies are turning to equity markets to fill a growing funding gap, betting

Overseas Shipholding Group (OSG) announced today that the portion of it’s common stock owned by U.S. citizens stands at 77 percent as of 15 April 2014.

By Mike Wackett Bigger and bigger ships operating at slower and slower speeds across the tradelanes of the world are testament to the single-minded desire of

SANTIAGO/FRANKFURT, April 16 (Reuters) – Chilean shipper Compania SudAmericana de Vapores on Wednesday said it has signed a binding deal with

As a strong cold front rolled through the east coast of the United States yesterday, bringing with it wind gusts of up to 70 mph off Cape Henry, merchant

A collaboration between ClassNK, one of the world’s top classification societies, and NAPA, the Finnish naval architecture software powerhouse has led to

The following image shows the shipbreaking yards at Alang, an industrial complex north of Mumbai in the Gulf of Khambhat. Photo taken from space via Digital

The 1992-built ConRo vessel M/V Repubblica di Roma, owned by the Grimaldi Group caught fire last week and its current status is unknown this morning. These

April 15 (Bloomberg) — Rio Tinto Group, the world’s second-largest mining company, said first-quarter iron-ore production rose to a record after

Rescuers from the Royal National Lifeboat Institution (RNLI) spent many hours this past weekend battling through big seas to reach and support the disabled

After an 11,500 nautical mile tow from Singapore to Curaçao, via the Cape of Good Hope, the Fairmount Sherpa’s job is done. This 75-meter, 16,320

Japan Marine United has won an order from NYK Line today to build eight 14,000 TEU boxships at their Kure Shipyard.  According NYK, the ships are to be

Abdalla el-Badri, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) announced this past Wednesday plans to absorb additional

New data released this week shows that Louisiana ranks first in the nation in economic impact from the U.S. domestic maritime industry, creating 54,850

Sailors stranded on merchant ships without food, supplies, or a way home won new

A small Australian exploration company said it has secured more than $6 billion in equity funding from unnamed investors to build a port and rail network to