Seychelles Court Convicts Nine Somali Pirates

Seychelles Supreme Court

Nine Somalis have been convicted for piracy by the Seychelles Supreme Court, Seychelles News Agency reports. The ...

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Sri Lanka Gives an Inch on Port City Project

Sri Lanka Gives an Inch on Port City Project

The government of Sri Lanka approved on Wednesday the construction of a breakwater for a USD 1.5 billion port city ...

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TEN In Clover

ten

Greek tanker operator Tsakos Energy Navigation (TEN) posted the best annual results in 2014 since 2010, reaching ...

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Cosco International Earns More

Cosco International Earns More

Cosco International, the shipping services arm of China Ocean Shipping, reported a 49% increase in annual net ...

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Expanding Star Bulk Sinks into Red

Expanding Star Bulk Sinks into Red

Athens-based dry bulk specialist Star Bulk Carriers ended 2014 with net loss despite a 111% increase in revenues ...

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Scorpio Tankers Secures Loan Duo

scorpio

Scorpio Tankers said that it has received commitments from two leading European financial institutions for two ...

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Update: MSC Cruises’ Death Toll Rises to Twelve

MSC Splendida

Twelve guests of MSC Cruises have been confirmed dead following the terrorist attack during a shore excursion at ...

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SHI to Share LNG Construction Technology with Cochin

csl

India’s Cochin Shipyard Ltd has entered into a deal with South Korean shipbuilder Samsung Heavy Industries ...

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Pirates Steal Fuel from Malaysian Tanker

Pirates Steal Fuel from Malaysian Tanker

A group of seven armed pirates hijacked a product tanker off Pulau Repong, Indonesia, as informed by anti-piracy ...

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STX Offshore Clinches Two-Tanker Order

STX Offshore Clinches Two-Tanker Order

South Korea’s STX Offshore & Shipbuilding has won an order from an unnamed Singapore-based shipping ...

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Daebo Files for Bankruptcy Protection in US

Daebo Files for Bankruptcy Protection in US

Korea’s shipping company Daebo International Shipping Co. filed for Chapter 15 bankruptcy protection at the ...

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Nine MSC Cruises' Guests Killed in Tunisia Museum Attack

MSC Splendida

Nine of MSC Cruises’ guests are reported to have lost their lives in a terrorist attack during a shore ...

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Panama Canal Cement Dispute Goes to Arbitration

Panama Canal Cement Dispute Goes to Arbitration

The Panama Canal Authority (ACP) and the consortium expanding the canal have separately sought international ...

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U-Ming Sets Sights on Cement Carrier Duo

Asia Cement No 2

Taiwan-listed ship owner U-Ming Marine Transport Corp has revealed plans in a stock exchange filing to order a ...

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DP World Posts Profit Increase

DP World Profit Rises

Dubai-based marine terminal operator DP World posted double-digit growth figures in both annual revenue and net ...

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South Korean Shipbuilders Keep Lead

DSME

South Korean shipbuilders remain on top in terms of global shipbuilding orders, based on Clarkson’s research ...

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Ro-Ro Ship Catches Fire off New York

Ro-Ro Ship Catches Fire off New York

The US Coast Guard and local emergency crews are working together to put out a fire aboard a 360-foot ...

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Coscol Orders Two More Heavy-Lift Ships

Illustration

Shaghai-listed COSCO Shipping Co., Ltd. (Coscol) has placed an order for two additional 28,000 dwt heavy lift ships ...

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Tanker Ablaze off Busan, Crew Evacuated

fire

A fire broke out on board a chemical tanker off Busan, South Korea on Saturday, March 14th. The 3,400–dwt Sun Wing ...

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Update: Gail to Reissue LNG Carrier Tender

gail

India’s gas utility Gail India Ltd is about to issue a new tender for the construction of nine LNG carriers which ...

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Sinotrans Escapes Red

Sinotrans Escapes Red

Hong Kong-listed Sinotrans Shipping turned a USD 1.86 million net profit in 2014 despite an 8% drop in revenue, ...

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Smooth Sailing for Navigator Holdings

Navigator Gemini

Navigator Holdings Ltd. has reported both record revenue of USD 78.4 million and net income of USD 24.3 million for ...

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South California Ports See Another Volume Dip

South California Ports See Another Volume Dip

February cargo volumes at South California’s ports of Long Beach and Los Angeles took a double-digit drop ...

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NOAA to Update Nautical Charts in the Arctic

NOAA to Update Nautical Charts in the Arctic

NOAA is taking major steps to update nautical charts in the Arctic amid increasing commercial shipping traffic in ...

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Sobelmar Seeks Bankruptcy Protection

Sobelmar Seeks Bankruptcy Protection

Bulker operator Sobelmar Antwerp N.V. and certain of its subsidiaries have commenced Chapter 11 reorganization ...

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DP World Completes Jebel Ali Free Zone Takeover

DP World Completes Jebel Ali Free Zone Takeover

Dubai-based DP World Limited and its wholly owned subsidiary DP World FZE have closed the previously approved ...

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Myanmar Ferry Accident Death Toll Rises

Myanmar Ferry Accident Death Toll Rises

The death toll in last week’s ferry accident off western Myanmar has increased to 59, as the rescuers ...

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