News

 By Elouise Fowler SYDNEY, Dec 22 (Reuters) – Australian police said on Friday they had seized a record 1.2 tonnes of methamphetamine with a street

Ontario-based Algoma Central Corporation (TSX: ALC) today said it has reached an agreement to purchase four U.S.-flag ‘lakers’ from American

The U.S. Coast Guard on Thursday released its Final Action Memo on the loss of the El Faro and its 33 crewmembers during a hurricane near Crooked Island,

By Gavin van Marle (The Loadstar) – The Ocean Alliance is facing a profound network shake-up as its members prepare to welcome a large tranche of

Marine salvage group Ardent is continuing operations on the Kea Trader, despite the vessel’s broken hull. The 2017-built Kea Trader ran aground in New

Finnish technology group Wärtsilä has announced its intention to acquire Trident B.V., a Netherlands-based company specializing in underwater ship

By Laura Hurst (Bloomberg) — When a vital North Sea oil pipeline cracked earlier this month, it did more than halt the flow of barrels: it

By Elouise Fowler SYDNEY, Dec 21 (Reuters) – Australia has discovered the wreck of its first submarine off the coast of Papua New Guinea,

By Firat Kayakiran (Bloomberg) — A Greek shipowner is predicting new rules for marine fuel will put thousands of the world’s merchant vessels

MANILA, Dec 21 (Reuters) – Four people were killed and seven were missing after a Philippine ferry with 251 people on board capsized during bad weather

The U.S. The U.S. National Oceanic and Atmospheric Administration’s next-generation geostationary weather satellite known as GOES-16 is now officially

An Australian shipping company has been accused of underpaying foreign crew aboard a Bahamas-flagged vessel operating in Australian waters on domestic routes.

By Hyonhee Shin SEOUL, Dec 20 (Reuters) – South Korea’s coast guard said it fired 249 warning shots over a group of Chinese fishing boats

Pirates have kidnapped ten crew members from a bulk carrier off the coast of Nigeria, the IMB Piracy Reporting Centre and other sources have confirmed. The

By Mike Wackett (The Loadstar) – The ‘jumbo-isation’ of containerships is back in fashion, with MSC and CMA CGM reportedly planning to upgrade 21

By Alex Nussbaum (Bloomberg) — Drilling for crude in the Arctic National Wildlife Refuge may be just the start as President Donald Trump seeks to revive

By Keith Wallis SINGAPORE, Dec 20 (Reuters) – More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a

Seychelles authorities have charged six Somali nationals with piracy-related crimes for allegedly attacking a British containership and a fishing vessel in the

South Korean shipping line Hyundai Merchant Marine has revealed plans to construct 22,000 TEU containerships in 2018 to boost its competitiveness within the

Eni Norge has resumed oil production on its Goliat floating production storage and offloading (FPSO) unit in the Barents Sea after the facility was shut for