News

SEOUL, Feb 2 (Reuters) – A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd’s court receivership process and expects to

By Keith Wallis SINGAPORE, Feb 2 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current

President Trump’s Executive Order on immigration and travel to the United States has immediate implications for ships calling at U.S. ports, particularly

(Bloomberg) — Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the

HAMBURG, Feb 1 (Reuters) – Water levels on the Rhine and Danube in Germany were rising rapidly on Wednesday after recent rain and as warmer weather

LONDON, Feb 1 (Reuters) – A unit of Swiss shipping group MSC has bought a stake in U.S. ports operator Total Terminals International (TTI) from Hanjin,

A total of 862 ships were dismantled worldwide in 2016, the vast majority of which ended up in South Asia on the beaches of India, Pakistan, and Bangladesh,

By Gavin van Marle (The Loadstar) – At least 100 panamax-class containerships need to be scrapped if owners are to see charter rates return to break-even

PARIS, Feb 1 (Reuters) – Container shipping group CMA CGM has signed an agreement with Total under which the oil and gas major will supply lower emission

General Dynamics Bath Iron Works in Bath, Maine has laid the keel of the third and final ship in the U.S. Navy’s Zumwalt-class of high-tech and

In a 93 to 6 vote, the U.S. Senate on Tuesday confirmed Elaine Chao as head of the U.S. Department of Transportation in the Trump Administration. Hours later

By Gavin van Marle (The Loadstar) – As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by

MANILA, Jan 31 (Reuters) – Philippine President Rodrigo Duterte on Tuesday said he had asked China to help in the fight against Islamic State-linked

The U.S. Navy’s guided missile cruiser USS Antietam ran aground off the coast of Yokosuka, Japan on Tuesday, damaging the ship’s props and

  By Rakteem Katakey, Andy Hoffman and Angelina Rascouet   (Bloomberg) — Royal Dutch Shell Plc, looking to pare debt swollen by last

By Gwladys Fouche and Joachim Dagenborg OSLO, Jan 31 (Reuters) – Oil rig firm Seadrill is looking to raise at least $1 billion in new capital as it

TOKYO, Jan 31 (Reuters) – Japan’s top three shippers, Nippon Yusen KK (NYK), Mitsui OSK and Kawasaki Kisen Kaisha pared their full-year loss

The two crewmembers of the bulk carrier Shanghai Spirit were seriously injured in a scaffolding accident at Port Alma in Queensland, Australia on Sunday.

The new locks of the Panama Canal saw another milestone on this month with the successful transit of TradeWinds Towing tug Hollywood and barge JMC