North Korean Ship Hijacked by Soldiers-turned Pirates
NAIROBI – A dozen soldiers guarding a North Korean ship impounded in Somalia’s autonomous Puntland region for maritime violations have hijacked the
NAIROBI – A dozen soldiers guarding a North Korean ship impounded in Somalia’s autonomous Puntland region for maritime violations have hijacked the
The Sea Shepherd Conservation Society suffered a setback in court this week when the US Court of Appeals for the 9th Circuit ordered that the controversial
Chinese port operators agreed to buy a $135 million stake in a Taiwanese container terminal, the second-biggest mainland acquisition on the island, as closer
By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines
Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much
By Ivana Sekularac ZEEBRUGGE, Belgium – CMA CGM, the world’s third-largest container group, plans to list shares on the Paris Stock Exchange to get
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A ship is loaded with iron ore at the port in Geraldton, Western Australia December 3, 2012. A new deepwater port on Australia’s Indian Ocean Coast was
Cheniere Energy Partners LP (CQP) reached an 20-year deal under which Total SA (TOT, FP.FR), the France-based energy major, has agreed to purchase nearly half
The U.K.’s ports, shipping and maritime services industries employ 635,000 people, contributing 8.45 billion pounds ($13.71 billion) in tax revenues,
COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles
Canadian company Fednav Limited, one of the world’s largest operators of high ice-class vessels, has recently agreed to a long term transportation
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(21 November) LONDON– Eduardo Autran, Executive Manager of Supply and Logistics at Petróleo Brasileiro S.A. (Petrobras) presented the 2012
At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates
2012 must be coming to an end because the U.S. Coast Guard has just released the year’s rescue highlight reel compilation! Check it out below: The USCG
Nine separate cruise industry associations on Monday confirmed that they have agreed to join forces and unite as a single organization advocating for the
Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy
d’Amico International Shipping S.A. (Borsa Italiana: DIS), an international product tanker owner, announced today their plans to exercise an option to
60 Minutes aired a special last night on the salvage of the Costa Concordia, giving viewers an inside look at Titan Salvage and Micoperi’s operation to
After suffering nearly USD $19 million in losses in the 3rd quarter, Paragon Shipping Inc. (NYSE: PRGN) has been working diligently with their lenders to come
The International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has issued a new position paper on Arctic shipping. As the
Launched last month at Hyundai Heavy Industries, the Dockwise Vanguard is the largest heavy lift vessel ever built and is currently undergoing sea trials.
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At approximately 0500 hrs local time on Saturday, the offshore support vessel VOS Sailor suffered damage and was disabled in severe weather conditions in the
NEW YORK – The Coast Guard continues its response to a fuel spill which occurred at 11:22 p.m. last night at Mays Ship Repair near Mariner’s
ATHENS – A small boat carrying migrants hoping to get to Greece sank near the eastern island of Lesvos early on Saturday, drowning 20 people, Greek
By Michelle Wiese Bockmann Fleet usage for the 371 ships carrying liquefied natural gas will slide in 2013 and 2014 from a six-year high as demand growth
On December 12, 2012, aka 121212, the world’s largest containership by teu capacity, CMA CGM Marco Polo, called on the port of Hamburg, marking the
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