Piraeus is on track to become the Mediterranean’s biggest commercial port, though European competition authorities are not happy about aspects of the Greek port’s expansion.

Some good news has finally come from China Cosco, with the Chinese shipping giant announcing that it is set to return to the black for 2013, turning around from a net loss of RMB9.56bn ($1.58bn) the year before.

Cosco Shipyard Group has secured a contract to construct two 64,000 dwt bulk carriers, for over $54m.

The China Cosco senior executive being investigated for corruption, Xu Minjie, has quit the company.

A slow recovery for the dry bulk shipping market will only come by 2017 due to the severe oversupply of ships, according to a senior official at China Cosco Bulk Shipping (Group) Co.

Rolls-Royce (R-R) is to supply designs and equipment for two PSV newbuild projects at Cosco Guangdong Shipyard.

The Suez Canal authorities said they foiled a “terrorist” attack by Eygptian militants on container ship transiting the key waterway on Saturday.

There are not many shipping stories that capture the attention of the general media, but one that did in the last week or so was the first Chinese ship to set out on a voyage from Dalian to Rotterdam via the Arctic. The story neatly combined...

Cosco Corporation has won contracts for four offshore vessels and one jack-up rig, with a total value over $265m.

Greece may not be the promised land it once was, but it is certainly a land of promises… if July is any yard-stick. However, as the summer sun got hotter a growing number of the promises made during the month, if not melting a way altogether, were...