News

BERLIN, June 29 (Reuters) – United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line

The wreck removal of the Dutch freighter MV Flinterstar is underway in the North Sea off Belgium with salvage crews successfully lifting the bow section from

The National Transportation Safety Board has postponed the launch of the mission to recover the voyage data recorder from the cargo ship El Faro as it awaits

ATHENS, June 29 (Reuters) – COSCO Greece objected on Wednesday to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping,

By David Tweed (Bloomberg) — An international court will rule next month on the validity of China’s claims to a large swath of one of the world’s

Royal Caribbean has announced plans to build a new state-of-the-art cruise terminal at PortMiami to serve as home for one of the world’s largest cruise

The Panama Canal Authority says it has booked the first LNG tanker through the expanded Panama Canal as commercial operations of the enhanced waterway get

By Steve Gorman LOS ANGELES, June 28 (Reuters) – Marine mammal rescue teams alerted boaters off Southern California on Tuesday to be on the lookout for a

By Foo Yun Chee BRUSSELS, June 28 (Reuters) – World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible

By Teis Jensen and Jonathan Saul COPENHAGEN/LONDON, June 28 (Reuters) – Denmark’s A.P. Moller-Maersk has lost a major oil production contract in

By Dmitry Solovyov and Idrees Ali MOSCOW, June 28 (Reuters) – Russia and the United States gave contradictory accounts on Tuesday of an incident

Maersk Oil says it will be leaving Qatar after losing the contract to operate the country’s largest producing offshore oil field. The news comes as

By Jonathan Saul and Saeed Azhar LONDON/SINGAPORE, June 28 (Reuters) – Singapore Exchange Ltd (SGX) and London’s Baltic Exchange have extended by

FRANKFURT, June 28 (Reuters) – German container shipping line Hapag-Lloyd AG has agreed a merger deal with United Arab Shipping Company (UASC), creating

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — As Japan’s shipping lines struggle with losses, the chief executives of companies are facing rough

By Mike Wackett (The Loadstar) – The debate on the reasoning behind the potential alliance grouping of the 2M’s Maersk Line and MSC and the financially

The slowing growth in the size of the world’s shipping fleet is likely to reduce the persistent shortage of officers over the coming years,

The world’s largest container shipping company has welcomed the arrival of the expanded Panama Canal announcing it will likely add capacity and reroute

Dutch heavy lift specialist BigLift Shipping has ordered a third Happy S-type vessel with 1,800 metric ton lifting capacity. The new vessel will be identical

French container shipping group CMA CGM has taken full control of Singapore’s Neptune Orient Lines after crossing the 90% ownership threshold required to