The European Commission (EC) has approved European Union (EU) state aid schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden as they encourage ship registration in Europe and contribute to the global competitiveness...

Pirates have struck far offshore West Africa for the second time this month taking 20 seafarers hostage the tanker Duke off Togo.

Japan has joined countries expressing interest in the privatization of northern Greek port Alexandropoulis which is being developed into a major energy hub through the LNG trade to serve Greece, and the wider Central and Southern Europe.

A fire on the newly converted hybrid car ferry MF Ytterøyningen on 10 October was probably caused by a leak in the battery system’s liquid cooling circuit, according to an investigation of the incident.

Despite a backdrop of premium erosion challenging its operating results the American Club says its mutual and fixed premium businesses are in a buoyant state.

Concerns over hefty disability pay outs to Filipino seafarers with pre-existing medical conditions were flagged up by P&I clubs this week.

India’s largest private deepwater port on the eastern coast, Krishnapatnam, is being sold by the CVR Group to Adani Ports and Special Economic Zone (APSEZ), for an estimated INR55bn ($770m).

The focus of the International Salvage Union (ISU) over the coming year will be to promote recognition and appreciation of “the importance of a properly funded salvage sector,” according to its president Richard Janssen, also md of Smit Salvage.

Tanker owner Frontline has sealed a sale-and-leaseback deal worth up to $544m with China’s ICBC Financial Leasing over 10 suezmaxes.

Law firm Squire Patton Boggs are launching a new global commodities and shipping group in Singapore with two partners jumping ship from Reed Smith.