Asia is slowly going back to work after the Lunar New Year holidays. The festive season sees the closure of much of the region for a three-to-four day period, and in countries such as China and Vietnam many businesses close their doors for as long...

Gas carrier owner-operator Stealthgas has announced a pair of newbuilding contracts, nine charter extensions and the hiring of a new cto and finance manager.

Matson Inc, parent of the Hawaii-based US flag containership owner, has successfully tapped the capital markets, raising $100m of 30 year money, in bonds issued to private investors. The interest rate on the unsecured debt, purchased by New York...

United Arab Shipping Co (UASC) has exercised options for six 14,000 teu at Hyundai Heavy Industries (HHI) bringing its tally the South Korean yard to 16 ultra-large boxships.

Promar has ordered two vessels of the PSV3300 design from Damen, to be delivered in February and August 2015.

Polish shipowner Polska Zegluga Morska PP (Polsteam) has went to China-based Yangfan Group shipyard to build eight open hatch bulk carriers, according to engineering services firm Deltamarin.

Wärtsilä today announced that it would be cutting 1000 jobs in response to market volatility, despite steady profits of EUR520m ($710m) in 2013.

An Indian oil tanker exploded and caught fire at a shipyard in China's Zhejiang province on Tuesday morning, leading to the deaths of seven workers, local reports said.

China Cosco Holdings has inked a deal with China State Shipbuilding Corp (CSSC) to construct five 9,400 teu container vessels at a total price of $434.5m.

DNV GL has released a position paper on alternative fuels for shipping looking at the possible future fuel mix for maritime transport.