Shipping News

Even with a 6 percent increase in sales this year, South Korean chemical tanker and container shipper Heung-A Shipping recorded a 39.7 percent drop in

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

By Kristen Hays and Anna Driver HOUSTON, Jan 29 (Reuters) – Marathon Petroleum Corp, Valero Energy Corp and Phillips 66, the three largest U.S.

Carnival Corp., the world’s largest cruise operator, said the U.S. Justice Department joined a U.K. investigation into whether its Caribbean Princess ship

In a phone call with Dynacom Tankers Management today, they note that the allegations by the Angolan Navy that the MT Kerala hijacking was faked are

Star Bulk Carriers Corp. (Nasdaq: SBLK) announced today a signed agreement to acquire two Chinese-built Post-Panamax bulkers, the M/V “GL Qushan”

Yamal LNG, a venture developing a liquefied natural gas export plant in the Russian Arctic, plans to pick a terminal for transshipping the fuel in Europe by

Nakilat has announced the securing of a USD $669 million loan facility with QNB Group today which the Qatari LNG shipper says they will use to refinance

Do not adjust your screen resolution, this interesting new ship is actually a compact accommodation vessel recently delivered to the Brazilian company

Salvage crews in South Africa have kicked off the third phase of salvage operations to remove what's left of the MV Smart shipwreck in Richards

The National Iranian Tanker Company (NITC) is poised to carry crude oil to Asian buyers in its own vessels as sanctions ease following the implementation of

The U.S. Department of Defense has confirmed that the M/V Cape Ray (T-AKR 9679) was deployed from Portsmouth, Virginia on Monday for its mission to the

ExxonMobil Corp.’s push to export U.S. oil overseas is facing a new obstacle: falling gasoline

Captain Marcos Papadopoulos, a 50-year maritime industry veteran and CEO of Greek shipping firm, Marine Managers Ltd. expressed nothing but absolute

COSCO Holdings announced today the placing of a newbuild order with Shanghai Jiangnan Changxing Shipbuilding Co. Ltd, for five, 9,400 TEU containerships. The

Yara International ASA, one of the world’s largest specialty chemical and fertilizer companies, placed an order today with South Korean shipbuilder

On 13 November 2013, the 26k gross ton ferry Ostend Spirit (previously Pride of Calais) went out with a prolonged blast of the ship’s whistle as she

Dynacom Tankers has announced today that communications with their missing tanker, MT Kerala has been re-established and all crew are safe and accounted for.

Emaar Economic City, a big Saudi real estate firm, has started operations at the country's first privately owned port and will more than triple investment in

"Traders can make about $5 million profit on each U.S. propane cargo shipped overseas" - Philipps