British ship insurer Britannia plans to set up a subsidiary in Luxembourg as a result of Britain’s decision to leave the European Union, it...

Mitsubishi Heavy Industries, Ltd. (MHI) will establish two new wholly-owned companies in conjunction with reorganization of its shipbuilding business. Mitsubishi Shipbuilding Co., Ltd. will...

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into...

The Japanese government is mulling to formulate a new law to regulate large-ship scrappers, in order to enter into an international treaty on the...

On December 2, a ferry was reportedly damaged after its roro ramp broke when the ferry was scheduled to leave the port. What happened? The ferry...

On December 3, thirteen people were reportedly dead and two missing after a fishing vessel and a bunker collided with each other. What happened? The fishing...

A US District Judge ordered the owners of a cargo vessel to pay a fine of $3.3 million for failing to provide medical treatment...

Summary The Ocean Freedom arrived at an offshore anchorage outside Aransas Pass, Texas, in October 24 from its last port of call in Rugao, China,...

Watch the tanker in storm, bad weather at Pacific Ocean. Disclaimer: This video is intended for informational purpose only. This may not be construed as...

TANKERS VLCC The market in the Middle East Gulf remained under downward pressure, with China discharge fixed at WS 57.5. SPC fixed to Singapore at WS...