News

On 20 April, the handysize bulk carrier M/V Juno carrying a cargo of sugar grounded in the St. Lawrence River after suffering a steering casualty.  The

With an average speed of 27 knots, the 105-foot maxi trimaran Lending Club (ex Banque Populaire 7) has broken the course record between Newport, Rhode Island

Siemens AG sold its tidal-power unit to Atlantis Resources Ltd. after losing faith in an industry it said was taking too long to

The first of United Arab Shipping Company’s (UASC) 18,800 TEU containerships under construction at Hyundai Samho Heavy Industries (HSHI) was named M/V

Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and "in good spirits" after Iranian authorities seized

The last of 16 giant rolling gates for the new locks of the expanded Panama Canal was installed into place Thursday, marking a major milestone in the

The European Parliament on Tuesday approved new rules requiring ship owners using EU ports to report CO2 emissions regardless of the country in which they are

Spanish emergency services safely evacuated around 150 people from a burning ferry crossing the Mediterranean from the island of Mallorca to the Spanish port

Updates: Maersk Tigris Seizure A Maersk containership was seized Tuesday by Iranian forces as it travelled through the Strait of Hormuz in Iranian territorial

Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile

Aker Arctic just released video of the Baltika running through recent operational tests in the arctic, proving her ability to operate as an icebreaking escort

Qatar Navigation (Milaha) warned of a challenging 2015 as conditions in its offshore business remained weak and its investment business was exposed to

Oil traders are mispricing crude futures for later this decade because they’re underestimating how a collapse in spending will affect supplies, according to

De Beers Marine Namibia, part of diamond mining and exploration firm De Beers Group, has confirm its contract today with Norwegian ship builder Kleven on the

The captain of a South Korean ferry that sank last year, killing 304 people, was found guilty of homicide by an appeals court on Tuesday and sentenced to life

South Korean shipbuilder Samsung Heavy Industries Co Ltd denied on Tuesday a South Korean media report that it will try again to merge with sister company

About 1 and a half million cubic meters of water is now being pumped into the new Deurganck dock lock at the Port of Antwerp, which is set to become

Bad weather was hampering clean-up of a bunker fuel spill from a ship in New Zealand's Tauranga

New York-list Scorpio Bulkers has continued its sell-off of newbuild bulk carriers amid the worst dry bulk shipping market in decades. Scorpio Bulkers Inc.

Singapore-based rig builder Sembcorp Marine posted its lowest quarterly net profit in at least five years and forecast a challenging year ahead, as new rig