Shipping News

MV Sea Breeze, a 87-meter ship carrying 2,750 tons of limestone sent out a mayday call on Sunday as water began flooding into the vessel while 12 miles east

By Mike Wackett Hong Kong-based OOIL saw its net profit slashed by 84% in 2013, compared with the previous year, to $47m as the influx of ultra-large

Iron ore extended its slide into a bear market, plunging the most since August 2009, amid concerns about a possible slowdown in

United Arab Shipping Company (UASC) announced over the weekend the exercising of their final option for a sixth 18,000 TEU containership from Hyundai Heavy

The USS Taylor on Friday departed the Turkish port of Samsun for the first time since the February 12 grounding that left the ship with a damaged

Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement, plans to order four new ships, an

March 7 (Bloomberg) — U.S. lawmakers are making a fresh push to require exports of natural gas to be carried on American ships. Proposals from

After a very successful year which has seen product tanker owner, d’Amico International Shipping S.A. (Borsa Italiana: DIS), shares rise over 59 percent, the

Oslo-based United European Car Carriers (UECC) says it has signed a contract calling for the construction of two of the world's dual fuel Pure Car and Truck

PRESS RELEASE – Transas Marine International has received Transportstyrelsen (Swedish Transport Agency) approval for its STCW conform generic ECDIS

PRESS RELEASE – ATHENS, Greece (March 5, 2014) – Paragon Shipping Inc. (NASDAQ: PRGN) (“Paragon Shipping” or the

Dry bulk carrier Golden Ocean Group Ltd expects double-digit growth in global iron ore trade in 2014, helping its markets pick up momentum and improving rates,

COPENHAGEN, March 5 (Reuters) – Danish ship fuel supplier OW Bunker plans an initial public offering (IPO) of shares in Copenhagen, it said on Wednesday,

The offshore construction vessel 'Polar Onyx' has been delivered from the Ulstein Verft shipyard and will soon be ready to set sail for Brazil where she will

Cargo movements out of Ukraine’s Black Sea ports have not yet been affected by the escalation, according to Western Bulk ASA, which operates more than 120

MEXICO CITY, March 3 (Reuters) – Mexico seized more than 119,000 tonnes of minerals suspected of being part of illegal export operations in a port where

Vigor Fab has announced that it has been awarded a contract to build two 83,000 bbl. tank barges for Harley Marine Services. The 422’x 76’ x 27’ tank

By John Kemp LONDON, March 3 (Reuters) – The White House could lift the ban on U.S. oil exports in stages, according to an analysis of past presidential

The dry bulk shipping market continues to see the fleet and orderbook grow.  In January 2014, the worldwide capacity of dry bulk vessels grew by nearly 8

March 3 (Bloomberg) — Algeria plans to increase natural gas shipments to Asia where the fuel costs more than in Europe, the Sahara nation’s traditional