Uncategorized

Overflight shows pirates still hold the FV Naham 3 but still no signs of missing MV Albedo

By Nidhi Verma NEW DELHI, July 18 (Reuters) – India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co

Italy and Malta’s prime ministers reached an agreement today for joint oil and gas exploration in the Mediterranean Sea between the islands of Sicily

Kidnappings of sailors on merchant ships in waters off Nigeria and nearby countries surged in the first half as pirates attacked a broader range of vessels and

Rates to ship liquefied natural gas and petroleum products would jump if turmoil in Egypt disrupts the Suez Canal, extending the historical effect on crude-oil

Two lifeboats from the pirated MV Albedo have been found washed up on a Somali beach just north of where the ship sank, but there are still no signs of the 15

SAO PAULO, July 10 (Reuters) – Dock workers at Brazil’s key shipping port of Santos, the largest in South America, started a 24-hour strike on

Three Somalis were convicted on Monday of piracy, kidnapping and murder in the 2011 shooting deaths of four Americans sailing in the Indian Ocean off of Oman

The American Bureau of Shipping announced Tuesday that James A. Watson, Director of the Bureau of Safety and Environmental Enforcement (BSEE), will join ABS as

A strike by canal workers that has blocked cargo shipping in west and south Germany is set to spread to other parts of the country, the trade union leading the

As many as eleven crew members went missing from a Bangladeshi cargo ship Thursday after their vessel capsized off the coast of Phuket in southern

A plunge in the Indian rupee to near a record is curbing demolition of obsolete merchant vessels, exacerbating a fleet surplus in the maritime industry,

U.S. private equity and investment funds are betting Asia's shipping industry, hit by a restructuring wave that has already swept Europe and the United States,

Egypt’s military increased patrols of the Suez Canal, securing the waterway handling about 8 percent of global maritime commerce, as protests escalate

July 2 (Bloomberg) — Rates for the largest iron ore-carrying ships fell, ending the longest winning streak since 2006, on speculation demand for cargoes

By Yimou Lee and Rujun Shen HONG KONG/SINGAPORE, July 2 (Reuters) – China’s largest shipping group, China Ocean Shipping (Group) Co (COSCO Group)

The world's first floating storage and re-gasification unit, named FRSU Toscana, is towed into Valletta’s Grand Harbour in Malta, July 1,

Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions over the country's disputed nuclear programme came into effect on Monday,

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern

Growing turmoil in Egypt is threatening to disrupt shipments through the Suez Canal and increase the costs for shipping lines as Cairo's cash-strapped