News

MILAN/SEOUL, Dec 27 (Reuters) – Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source

By Andrew Osborn MOSCOW, Dec 26 (Reuters) – Russia expanded its search on Monday for the remains of a military plane that crashed into the Black Sea,

By J.R. Wu TAIPEI, Dec 26 (Reuters) – A group of Chinese warships led by the country’s sole aircraft carrier entered the top half of the South

Nine crew members have been rescued from a grounded general cargo ship that has run aground and is leaking oil in Andros, Greece.  The Hellenic Coast

By Polina Devitt and Andrew Osborn MOSCOW, Dec 25 (Reuters) – A Russian military plane carrying 92 people, including dozens of Red Army Choir singers,

BEIJING, Dec 25 (Reuters) – China’s first aircraft carrier will carry out drills in the Western Pacific, in what the navy called part of routine

Activists with the controversial Sea Shepherd Conservation Society have located the Japanese whaling fleet in the Southern Ocean setting the stage for what is

STX France and MSC Cruises have announced they have finalized the contracts for two new 177,000-ton cruise ships for MSC. The two next-generation ships will be

This video was filmed this past June but has re-emerged online this week with no info attached, prompting several questions on social media about where and

By Jung Park (Bloomberg) — As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about

By Keith Wallis SINGAPORE, Dec 23 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a new nine-month high this week, are on

Seven people are believed to have been killed in an apparent rocket attack on a Iranian cargo ship in the Red Sea off Yemen, Pakistani sources are reporting.

Two Maersk offshore supply vessels have sunk off the coast of France during a tow to a ship recycling yard in Turkey where they were due to be scrapped.

The European Commission has published and adopted the first version of the long-awaited European List of accepted ship recycling facilities for exclusive

By Mike Wackett (The Loadstar) – The next industry casualty of the Hanjin collapse may not be a carrier, but a major non-operating containership owner.

The world’s first Very Large Ethane Carrier (VLEC) has loaded its first cargo of US-produced ethane at Enterprise Products Partner’s Morgan’s Point

The U.S. Coast Guard medevaced two crew members of a Greek-flagged tanker on Wednesday after they were struck by a flying pressurized object off the coast of

By Keith Wallis SINGAPORE, Dec 22 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could diverge with rates from Brazil

By Mike Wackett (The Loadstar) – Two hundred and one containerships and just under 700,000 container slots have been scrapped this year. According to

The Long Beach Board of Harbor Commissioners is set to consider an offer from a unit of Mediterranean Shipping Company to purchase Hanjin Shipping’s