News

The momentum keeps building that shipping is indeed in a cyclical

By John Ruwitch SHANGHAI, Nov 23 (Reuters) – China on Saturday bolstered its claim to islands that Japan says it owns, warning that it would take

Shipowners were lucky this year as newly proposed accounting standards have been delayed until at least 2015. The new rules would bring certain charters onto

The international maritime community has helped Sailors' Society charity raise nearly 70% of their £100,000 goal to help our Filipino seafarers reach loved

EU regulators will investigate whether 14 of the world's major container shipping companies, including world No. 1 A.P. Moller-Maersk and No. 2 MSC, have been

Washington State Ferries is another step closer becoming one of the United States' first passenger ferry systems to convert at least part of its fleet from

An international maritime tribunal on Friday ordered Russia to release a Greenpeace ship and 30 people arrested in a protest against Russian Arctic oil

French gas and power group GDF Suez is working on a stock market listing for its Gaztransport & Technigaz (GTT) subsidiary, Chief Executive Gerard Mestrallet

Between November 9 - 11, 2013, an iceberg measuring 21 miles by 12 miles broke off from Antarctica’s Pine Island

Following up on their letter of intention this month, Prosafe has finalized contracts with COSCO (Qidong) Offshore Co. for the engineering, procurement and

Hyundai Mipo Dockyard has been awarded a KRW 198.1 billion (USD 186.4 million) contract to build 5 product tankers according to an exchange filing today. The

Ghana Ports and Harbours Authority, the state company that runs the nation’s two ports, will award contracts worth $2.5 billion through 2018 to double

The long-awaited dredge of Miami's port will begin this week as it and other cities up and down the east coast scramble to prepare for the massive ships that

Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages in an effort to halt current losses. "The central truth in this market is

"Without fundamental reform to rebalance the economy toward consumption and stimulate productivity growth through deregulation, [China's] growth is likely to

CSV Southern Ocean, a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceanteam Shipping ASA has been awarded a 3 year

Via Prosafe –  Prosafe has signed a contract with BP Exploration Operating Company Limited for the Safe Caledonia to provide accommodation support at

Via Transas Transas Marine has won the famous Italian tender of “Consorzio degli armatori del mediterraneo” for supply of navigation equipment for

China Navigation Company (CNCo) took delivery of the handysize bulk carrier MV Wuchang last month, the first in a series of sixteen new B.Delta37 designed,

Ship owners have been facing an environment of increasing operating costs. Rising fuel prices, low sulfur fuel requirements, port fees and special surveys are