As Greece prepares to assume the rotating six-month European Union presidency on 1 January 2014, an unlikely issue is becoming a focus point for the country and Europe as a whole. Developments in the energy sector are always watched with interest...

Russian Maritime Register of Shipping (RS) will participate in Kormarine 2013 in Busan, Republic of Korea, one of the largest international exhibitions of maritime industry. On 22-25 October the foremost exhibition of the maritime industry in Asia...

Global Ports Investments (GPI) has announced it will acquire major Russian terminal operator NCC Group.

Despite an operating profit of $12.4m for the second quarter, Sovcomflot (SCF) has reported a net loss of $16.4m, compared to a $5.5m profit for the same period last year.

North Atlantic Drilling (NADL) and its 74% shareholder Seadrill have announced a preliminary agreement for a strategic partnership with an unnamed, experienced Arctic operator with a strong foothold in the Russian market, to expand NADL's harsh...

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...

On August 20, 2013 the Maritime Labour Convention, 2006 (MLC), adopted on 23 February 2006 at the 94-th session of the International Labour Conference, will come in force. The MLC will become one of the major regulatory documents of the maritime...

Net profit at Russian tanker outfit Sovcomflot dropped 95.6% year on year from $45.4m in the first quarter 2012 to $2m in the same period 2013.

St. Petersburg: Net profit at Russian state owned OAO Sovcomflot (SCF) fell 38.2% to $33.2m in 2012 from $53.7m in 2011.