Shipping News

The EMMA MAERSK suffered a flooding incident in February as it was getting ready to transit the Suez Canal. As reported earlier, water entered the vessel

A cargo ship with 110,000 cartons of overripe bananas will remain docked at a U.S. port while their owner and the shipping company battle in court over who let

Safehaven Marine is taking perfect advantage of recent heavy weather and surf off the coast of Cork, Ireland. Last week they we saw the heavy surf sea trials

By Jim Garamone, American Forces Press Service WASHINGTON, Dec. 20, 2013 – While the Navy already has one of the strongest counter-fraud efforts in the

Russia's first Arctic offshore field Prirazlomnoye, where Greenpeace activists were arrested in September after a high seas clash with Russian authorities, has

Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), in collaboration with ClassNK, released an updated report today on the

Dirty tanker rates on key Asian freight routes could edge down next week due to year-end holidays, but are likely to remain firm, ship brokers said on

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per

Archer-Daniels-Midland Co., the largest exporter of soybean meal from Brazil, plans to double the size of its South American fleet of river barges to boost

By Gavin van Marle Container throughput in Pakistan could rise dramatically if China succeeds in its ambition to build a new deepwater port in the country

ARI Simulation has delivered a complete suite of integrated offshore simulators to India’s NUSI Offshore Training Institute (NOTI), the world’s

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

It’s been since six weeks since the freighter “Siderfly” collided with the 116-meter gas carrier Coral Ivory, and the vessel still waits at

Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and

The Royal National Lifeboat Institution is an all-volunteer, charity-funded organization aimed at ending the preventable loss of life at sea in an around the

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival

Dec. 18 (Bloomberg) — China has rejected more than half a million metric tons of genetically modified U.S. corn in November and December, almost three

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S.