Mitsui OSK Lines (MOL) has signed a contract to build four methanol carriers for charter to Methanol Holdings (Trinidad) Limited.

The International Chamber of Shipping (ICS), the International Union of Maritime Insurance (IUMI) and the International Salvage Union (ISU) have united in condemnation of the continuing refusal to provide refuge for fire-damaged, structurally...

Shipping in Europe, and particularly in the UK, is being crippled by over-zealous environmental measures from the EU, and paralysis at the IMO, UK Chamber of Shipping director David Balston claims.  

Following the recent spate of collisions and oil spills the Maritime & Port Authority of Singapore (MPA) has issued a strongly worded circular to the shipping community saying safe navigation is of “utmost importance”.

Odfjell has recorded a $102m loss in the fourth quarter 2013 after a $76m impairment at its troubled Rotterdam terminal. 

Bankrupt Overseas Shipholding Group (OSG) has put forward a debt plan supported by 60% of its debtors.

Cash-strapped Hyundai Merchant Marine (HMM) will sell its LNG fleet to a Korean investment firm for KRW1.1tn ($1bn).

OW Bunker has become the first independent bunker supplier to install a Coriolis flow meter on one of its refuelling barges in Rotterdam.

Private equity investors continued their moves towards creating liquidity, the prelude to an exit transaction. Diamond S Shipping Group, put together by Wilbur Ross, best known as a distress investor, First Reserve, known for its forays into...

Despite positive reports from Filipino sources on the progress of improvements, Intermanager suggested ship managers take sensible precautions relating to a potential ban of Filipino officers by the European Maritime Safety Agency (EMSA) EU...