Owners say worst over for dry bulk shipping, but recovery still fragile

The worst is over for the dry bulk shipping sector, after years when too many ships…

Wilbur Ross brings to commerce resume spanning shipping, profit and politics

Wilbur Ross, who as Donald Trump’s commerce secretary will be the voice of U.S. business, made…

Job Loss: Rolls-Royce to sack 800 workers worldwide

British engine maker Rolls-Royce said Thursday it was slashing 800 jobs worldwide in its marine business,…

Shipping’s family tie in the Trump cabinet   

The Cabinet of President-elect Donald Trump has gained another shipping insider with the choice of Elaine…

MOL announces start of new smart shipping office

Mitsui OSK Lines (MOL) has announced the establishment of a Smart Shipping Office, effective 1 December…

Shipping giant Maersk is in talks over a $10 billion deal for its energy unit

Denmark’s A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas operations…

Alleged N2.4b Shipping Fraud: Innoson, MOL, others back in court Jan 26 

Justice Saliu Saidu of the Federal High Court in Lagos on Friday told parties in the…

N2.4b Shipping Fraud: I cannot be intimidated, judge tells Innoson Nig. Ltd, others

Justice Saliu Saidu of the Federal High Court in Lagos on Friday told parties in the…

Drewry: Ballast Water Management regulation to trigger further scrapping in tanker shipping market  

Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the…

U.S. shipping stocks soar on Donald Trump’s victory 

U.S. shipping stocks from dry bulk ship owners to tanker companies have soared since Donald Trump…

ICS: IMO needs to agree ambitious CO2 commitments for shipping by 2018

At the UNFCCC Climate Conference (COP 22), in Marrakesh, the International Chamber of Shipping (ICS) said…

Bank of Ireland joins others in shipping loan wind down    

Bank of Ireland said it is winding down its shipping business, joining other banks looking to…