News

Long video but worth a watch if you want to see one of the most unique ships of the last decade in action. The ship is Allseas’ Pioneering Spirit,

Louisiana-based Edison Chouest Offshore is building 13 Damen-designed heavy duty mooring assistance and escort tugs in response to two major contract wins in

A group of 52 leading maritime players have called on the International Maritime Organization to act on cutting emissions from the shipping industry ahead

Norway-based Norsafe, a leading manufacturer of marine life-saving equipment for the commercial and offshore market, says it is concerned about the recent

By Idrees Ali and Matt Spetalnick WASHINGTON, Oct 21 (Reuters) – A U.S. navy destroyer sailed near islands claimed by China in the South China Sea on

By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based

Just over a year ago Youtuber Th Bee (aka TheraDrone) launched his Phantom 3 Professional drone from a quiet beach in Belgium to chase a passing MSC

A serious fire broke out overnight in the cargo area of a pure car and truck carrier docked at the Port of Antwerp.  According to reports the fire erupted

(Bloomberg) — U.K. warships are monitoring a Russian aircraft-carrier group sailing past Britain’s eastern coast to the Mediterranean Sea to supplement

PARIS, Oct 20 (Reuters) – CMA CGM, the world’s third-largest container shipping firm, has already reimbursed half of a $1.6 billion bank loan taken

By Denise Wee (Bloomberg) — Singapore-based shipping trust Rickmers Maritime said it received a letter from lawyers representing some investors stating

SINGAPORE, Oct 20 (Reuters) – Singaporean conglomerate Keppel Corp reported a 38 percent fall in its third-quarter profit as low oil prices resulted in a

By Keith Wallis SINGAPORE, Oct 20 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes will continue to fall next week as too

The Panama Canal has recorded the third-highest annual tonnage in its 102-year history in 2016 helped by the opening of the new neopanamax locks. During fiscal

By Firat Kayakiran (Bloomberg) — Oil tanker rates jumped to a four-month high as traders booked the most cargoes for the time of year on record,

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a

Bulk shipping companies Gearbulk and Grieg Star have announced their intensions to join forces in a joint venture that will operate a combined fleet of more

Virgin Group’s billionaire founder Sir Richard Branson has unveiled the company’s rebranded cruise line now known as Virgin Voyages. The company

The world’s second largest container shipping company, CMA CGM, has signed a Memorandum of Unserstanding with French energy group ENGIE to promote the

By Mike Wackett (The Loadstar) – The four remaining members of the CKYHE alliance are the biggest losers in the Hanjin Shipping bankruptcy, in terms of