The Canadian Coast Guard is assessing how best to refloat a containership that ran aground on Saturday morning off Newfoundland. The MSC Baltic III lost power outside the entrance of Bay of ...

The container sector is heading into its normal post-Lunar New Year lull that typically lasts until April/May. The scale of the drops in spot rates is large, but the sector still remains one of ...

UK floater player Altera Infrastructure has sold its FPSO unit Petrojarl I to Aberdeen-headquartered Amplus Energy. Described as the most deployed FPSO in history, the 1986-built vessel is ...

MPC OSE Offshore has already commissioned the construction of its first purpose-built offshore survey and service vessel at the Danish Esbjerg Shipyard and secured the option for five further ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

The Indian government has laid out plans to develop a brand new containerline. To be called Bharat Container Line, the new entity will have around 100 ships in its fleet, including ships on charter.

Following the latest fixtures, the company has 35% of its available vessel days fixed at a time charter equivalent rate (TCE) of $24,914 per day for the full year 2025 and 16% fixed at TCE rate of ...

A series of explosions yesterday in the engine room of a 22-year-old suezmax at the Russian Baltic port of Ust-Luga has put neighbour Finland on alert. The Turkish-owned Koala tanker, laden with ...

Thank you for the post on Maersk signing MOU with Cochin Shipyard. The initial focus will be on ship repairs afloat and dry docking for service and maintenance. A development fund of $ 2.9 billion ...

Shipping has been warned that Somali pirates are back hunting for targets. British maritime security consultants Ambrey has issued a notice to clients detailing a suspected pirate action group ...

Rem Offshore counts 12 platform suppliers in its fleet in addition to wind service operation and oil and gas construction support vessels where it has four units each including those under ...

Hanoi-based owner Viet My Petrol Transportation has exited the VLCC trades three years after entering the segment. In recent years, Viet My Petrol Transportation, also known as Vietmy Trans ...