Genco Reaches Bankruptcy Restructuring Deal
April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a
By Harry R. Weber and Dan Murtaugh April 4 (Bloomberg) — By the time the ships’ pilots realized they were on a crash course, it was too late. The
By Jason Scott April 5 (Bloomberg) — Crews hunting for the missing Malaysian jet are extending the search to beneath the surface of the Indian Ocean,
The Bureau of Safety and Environmental Enforcement (BSEE) has announced that it is investing up to $600,000 for targeted oil spill response research in Arctic
Work with a view, I’ll take
Two bulk carrier were damaged Sunday after the vessels collided off the coast of Pattaya in southern Thailand. Local media reports that the Liberia-flagged MV
New Regional Director for WSS Asia Pacific and Singapore General Manager will be tasked with maintaining close customer links and boosting business levels
MV Baltika, a 7.5 MW icebreaker built to Russian Register of Shipping Class by OAO Shipyard Yantar and Arctech Helsinki Shipyard, has just completed sea
April 3 (Bloomberg) — China outlined a package of measures including railway spending and tax relief to support the economy and create jobs after a
By Keith Wallis SINGAPORE April 3 (Reuters) – Rates for capesize bulk carriers on key Asian routes are facing mixed fortunes with a two-tier market
The German Navy has released new video showing the 5 April 2010 hijacking of the German containership MV Taipan by pirates some 500 miles off the Somali coast.
By Anthony Esposito and Rosalba O’Brien SANTIAGO, April 2 (Reuters) – Chilean authorities on Wednesday were assessing the damage from a massive
Here is the Pacific Tsunami Warning Center’s near real-time animation for the tsunami from northern Chile following the 8.2 magnitude earthquake that was
Euroseas, the Athens-based owner/operator of dry bulk and container vessels placed a newbuild order today for two 82,000 dwt Kamsarmax bulk carriers
The Mexican Navy and Damen Shipyards Group (the Netherlands) signed another contract for a license, material package and technical assistance of a Damen Stan
Following the signing of an MOU last month, the A.P. Moller – Maersk Group is formally looking to expand discussions with China Shipping (Group) on the
By Horace Helps KINGSTON, April 1 (Reuters) – The Jamaican government has signed a preliminary agreement with one of China’s leading construction
A ship-to-ship audio recording released by the U.S. Coast Guard to the Houston Chronicle has provided some new insight into the moments leading up to the March
By Maher Chmaytelli April 1 (Bloomberg) — The Libyan government may be willing to accept an interim deal that would allow oil ports to reopen without
Here’s a great time-lapse video shot from onboard the Elly Maersk, sister ship to the Emma Maersk eight E-class container ships operated by Maersk Line.
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