An explosion aboard a chemical tanker off Turkey on Monday has left one dead and four people injured, local news report said.

Somali pirates launched an unsuccessful attack on an unnamed product tanker 115 nm south of Salalah, according to a report by the International Maritime Bureau.

The world's two largest class societies by gross tonnage have revealed their 2013 new registration figures with the newly merged DNV GL outdoing rival ClassNK.

Torm today issued an oblique statement updating the market on its progress in addressing the company's long term capital structure.

Stricken chemical tanker Maritime Maisie has remained without refuge after Japanese and South Korean authorities declined to honour requests from operator MSI Ship Management.

Keppel Singmarine has entered into a technical assistance and license agreement with LNG containment manufacturer Gaztransport & Technigaz (GTT).

The EU and US have suspended certain sanction measures against Iran. The sanctions will initially be lifted for six months, with the possibility of expanding the scope and length of suspensions depending on developments within Iran’s nuclear...

BW LPG has options for two more VLGCs at Hyundai Heavy Industries (HHI) after it confirms advanced delivery of two earlier tankers it ordered at the South Korean yard.

As companies look closely at their financing costs, they are quick to recognize that long term charters lead to lower financing costs. The beginning of 2014 saw a continuation of a recent trend, where shipowners in the energy business have been...

GasLog has entered into an agreement to buy three LNG carriers from Methane Services (MSL), an affiliate of BG Group, at a total price of approximately $468m.