Shipping News

In an emailed statement this morning, Maersk Tankers announced their plans exercise their option to order an additional two medium range product tankers from

The companies working to widen the Panama Canal and the waterway's administrator on Friday each made new proposals aimed at reviving the multibillion dollar

The U.K. Ministry of Defense is inviting interested parties to bid on two former Royal Navy destroyers being sold for

Japan’s MOL has begun legal action against the shipbuilder of the ill-fated 8,100 teu MOL Comfort, which sank in July last

gCaptain reader Andrew Mackinnon sends us the following image today from Port Phillip, Australia of the Boskalis-Dockwise heavy lift vessel Blue Marlin,

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall

The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight

Exmar LPG, the shipowning joint venture between Teekay LNG and Exmar NV, announced today the winning of long term charters for four of their midsize LPG

By Captain Richard Madden – There are new buoys – and is some cases virtual buoys – coming to a U.S. port near you.  First seen in the port of

Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according

Hamburger Hafen & Logistik AG, which handles about three of four containers at Hamburg’s port, saw rising volume last year as feeder traffic to the Baltic

A jury convicted a Mexican man of murder on Wednesday for ramming his suspected smuggling vessel into a U.S. Coast Guard inflatable boat, killing an officer

A Spanish cargo ship broke in two on Wednesday after hitting a sea wall off the southwestern coast of France in high winds and was leaking some fuel into the

The Panama Canal Authority broke off talks about a $1.6 billion cost overrun with the Sacyr SA-led group working to expand the waterway, Sacyr said, pushing

Euronav, the Belgian crude oil tanker company, has just bid for the acquisition of five tankers from Overseas Shipholding Group (OSG) as part of an asset sale

The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other

About 10 years ago, a concept was developed by a group of Scandinavian engineers that provided a highly simplified cargo transfer solution for conventional oil

Less than a month after its largest new-building order and a fully subscribed IPO, Scorpio Bulkers Inc. (SALT) has struck again, albeit more modestly.  This

Athens-based LPG shipper StealthGas (Nasdaq:GASS) has announced the newbuilding order of two LPG carriers from Japanese shipyards consisting of a 5,000 cubic

Finnish cargo handling equipment maker Cargotec reported a stronger-than-expected order intake in the fourth quarter, boosting hopes its troubled marine