New Mission Needed to Retrieve El Faro’s VDR

Image Courtesy: Tote Maritime

Another mission will be required to recover the voyage data recorder of the sunken cargo ship El Faro, according to ...

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EU Unveils New Arctic Strategy

Image Courtesy: Danish Shipowners' Association

The European Commission launched yesterday its new Arctic Strategy, including 39 actions focusing on climate ...

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First of Its Kind LNG-Fuelled Car Carrier Hits the Water

Image Courtesy: LR

Europe’s short sea RoRo operator United European Car Carriers (UECC) has launched its new dual-fuel liquefied ...

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Globus Maritime Delays Loan Payments

Image Courtesy: Globus Maritime

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

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Nautilus: Brexit Could Negatively Affect UK Seafarers

Image Courtesy:  Danny Cornelissen/Nautilus International

Due to recent talks on whether UK should leave the European Union (EU) or stay as part of it, the trade ...

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Hanjin Shipping Offloads Remaining Stake in H-Line

Image Courtesy: H-Line

Financially-troubled Korean container carrier Hanjin Shipping has sold its remaining stake in H-Line Shipping as it ...

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Pirates Free Kidnapped Turkish Crew

Image Courtesy: Kaptanoglu

Six Turkish crew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while ...

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Scorpio Tankers Reaches 1st Quarter Forecasts

Image Courtesy: Scorpio Tankers

Monaco-based tanker owner Scorpio Tankers has seen its net income for the first quarter of 2016 drop to USD 28 ...

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NTSB Finds El Faro’s Voyage Data Recorder

Image Courtesy: NTSB

The voyage data recorder (VDR) belonging to the ill-fated cargo ship El Faro was located early Tuesday morning in ...

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44 Seafarers Captured as Violence Rises in West Africa

Image Courtesy: Navy

44 seafarers have been captured so far this year amid growing violence off the coast of West Africa, new figures ...

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Stockholm Norvik Port Construction Gets Green Light

Image Courtesy: Ports of Stockholm

The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 2016, after the ...

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Baltic Dry Index Surges to 704 Points

Image Courtesy: Diana

A recent Capesize market uptick, caused by an increase in iron ore trade, higher steel prices and a rise ...

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MBC to Transport Steam Coal to Malaysia

Image Courtesy: MBC Group

Dry bulk shipowner Malaysian Bulk Carriers Berhad (MBC Group) has entered into a long-term affreightment contract ...

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CKYHE Alliance Alters Asia-US East Coast Services

Image Courtesy: K Line

The pan-Asian container shipping alliance CKYHE Alliance said that it will provide more and restructured services ...

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Moody’s Lowers Navios' Rating as Vale Scraps Iron Ore Deal

Image Courtesy: Navios

Greek dry bulk shipping company Navios Maritime Holdings’ corporate family rating has been downgraded as ...

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Euronav Sees Strong Q1 Profit

Image Courtesy: EURONAV

Robust tanker demand has propelled Euronav’s financial results for the first quarter of 2016 to a net ...

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Korea Overhauling Its Ailing Shipping, Shipbuilding Sectors

Image Courtesy: Hanjin

South Korean government is launching a corporate restructuring plan targeting its financially-troubled industries, ...

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Piracy, Maritime Crime Costing Nigeria USD 1.5 Bn a Month

Image Courtesy: Oceans Beyond Piracy (OBP)

Nigeria is losing about USD 1.5 billion a month due to piracy, armed robbery at sea, smuggling, and fuel supply ...

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Panama to Pick 1st Ship to Pass through Expanded Canal

Image Courtesy: Panama Canal

The Panama Canal plans to hold a draw on April 29 to choose the first vessel which will transit through the ...

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BW LPG and BW Pacific Fix Seven New Ships

Image Courtesy. BW Group

Maritime companies BW LPG Limited and BW Pacific have found work for seven new vessels as the companies signed time ...

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CSSC Shipping Secures USD 245 Mn Loan for Six Bulkers

Image Courtesy: CSSC

CSSC (Hong Kong) Shipping, a ship owning and leasing arm of China State Shipbuilding Corporation (CSSC), has ...

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Xeneta: What’s in the Box No Longer Important

Image Courtesy: MSC

An oversupply in a declining container shipping market, coupled with better supply chain management and downwardly ...

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VIDEO: MV Berlin Reaches Rostock after 4 Years of Delay

After four years of delay, a new hybrid ferry owned by the German-Danish ferry operator Scandlines reached its ...

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POSH Finds Work for Eight OSVs in Middle East

Image Courtesy: POSH

Offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has signed long term charter ...

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Man Sent to Prison for Causing Fatal Collision off Rosyth

Image Courtesy: Shipspotting

The second officer who admitted his actions were responsible for the death of a fisherman as a result of a ferry ...

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Concordia Maritime Clinches Deal for a P-MAX Tanker

Image Courtesy: Concordia Maritime

Swedish tanker shipping company Concordia Maritime has inked a new consecutive voyage contact for its Panamax ...

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Baltic Sea Cruise Ship Sewage Discharge to Be Banned by 2021

Image Courtesy: HELCOM

By 2021, all International Maritime Organization (IMO) registered passenger vessels sailing in the Baltic Sea will ...

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