The administrator of the Panama Canal Authority (ACP) Jorge Quijano blamed the inflexibility of Grupo Unidos por el Canal (GUPC) for the break down in talks over cost $1.6bn in cost overruns that has now led to all work being stopped on locks for...

Private maritime security firm (PMSC) Drum Cussac has reported a 16% increase in business in the second half of 2013, versus the same period in 2012.

Talks between the Panama Canal Authority (ACP) and lock gate contractor Grupo Unidos por el Canal (GUPC) have broken down, with no agreement met.

Ex-DVB Bank shipping boss Dagfinn Lunde has joined new shipping bank Maritime and Merchant's (M&M's) board of directors.

Euronav has formed a joint venture with Blackstone’s GSO Capital Partners to buy five tankers being sold by the bankrupt Overseas Shipholding Group (OSG).

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...

Epic Gas is planning to raise $75m through a private placement of shares in a bid to grow its LPG carrier fleet.

Loss making Nanjing Tanker Corporation (NJTC) has forecast a wider deficit for its financial year 2013 as it faces a delisting from the Shanghai Stock Exchange.

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.

Shipping bank Maritime & Merchant (M&M) has been granted regulatory approval in Norway and expects to open its doors in April.