Shipping News

Australian marine logistics firm Mermaid Marine Australia Ltd said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd for

Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship

An update Monday from the Unified Command set up in response incident now calculates that approximately 31,500 gallons of light crude oil was discharged into

Maersk Drilling on Monday announced that it has taken delivery of its first ultra deepwater drillship, Maersk Viking, from Samsung Heavy Industries (SHI)

After the worst single incident involving a loss of containers from a Maersk Line vessel last week, one of those containers found itself washed up on a UK

It takes an expert pilot to pull off the Texas

India has dropped a plan to prosecute two Italian marines accused of killing two Indian fishermen under a tough anti-piracy law, a government lawyer said on

Here are some photos sent in to us today from Brunei showing a little mishap involving the Trans Future 2 car carrier and a Royal Brunei Navy

As part of Neste Oil’s plan to exit the shipping business, the Finnish oil refining and marketing firm has reached an agreement this week with

Feb. 21 (Bloomberg) — China’s imports of liquefied natural gas rose to a record for a second month in January as new terminals and winter heating

7 months after taking over as CEO of Nordic Tankers, Claus Thornberg is out the door. Effective today, Per Sylvester Jensen has assumed the role as Nordic

The Dutch Government is getting ready to award the salvage contract for the complete removal of the sunken Baltic Ace car carrier near the port of

An investigation into the deaths of two American security contractors by the Seychelles Police has confirmed the presence of drugs and paraphernalia in the

A deal to resume work on the multibillion-dollar Panama Canal appeared in doubt on Thursday, just hours after an apparent breakthrough, in the latest twist in

A number of questions surround the mysterious deaths of two American security officers onboard the U.S.-flagged Maersk Alabama while berthed in Seychelles on

Rates for capesize bulk carriers on key Asian routes are set for mixed fortunes next week, with buoyancy on the Australia to China trade counterbalanced by a

Singapore-based container shipper Neptune Orient Lines (NOL Group) reported negative net profits for their third consecutive year today with losses of US$76

The Panama Canal Authority said that it has reached a deal with the construction consortium that would allow for work to resume on the third set of locks in

Trident Group President Tom Rothrauff confirmed today in a phone call that two of his contractors have died on board one of his client's

The containership Svendborg Maersk faced particularly nasty weather last week as she sailed through the Bay of Biscay on her way to Colombo, Sri Lanka