Pieces of History Are Uncovered in Sydney Harbor
Australian Navy divers have discovered an explosive mystery lying at the entrance to Sydney harbor - four vintage bombs or shells that may be more than 100 years old. The 3 ft.
Panamax Operators Move Past Seasonal Freight Rate Slump
Panamax operators are poised for an improvement in freight rates after receiving indications that the seasonal slump has passed, shipbrokers said on Tuesday. Reports…
Police Nab Hashish from Containers
Australian police seized almost three tons of hashish smuggled into the Port of Melbourne in two shipping containers. A four-day stake-out led to the seizure of…
Frontline's Goal: Zero Emissions
Frontline, the world's largest tanker company, is now developing methods capable of reclaim all polluting gases produced during sea transport. Its vessel Front Granite…
Fredriksen, BG Group Close to Settlement
The world's top shipping magnate John Fredriksen is close to solving a dispute with British utility BG Group and could soon see increased earnings for four of his ships, shipping sources said.
SembCorp Profits Boosted By Marine
Singapore's SembCorp Industries Ltd is expected to post up to a 60 percent rise in half-year net profit on Wednesday, boosted by its logistics, utility and marine businesses.
Hyundai Heavy Will Miss Profit Target
Hyundai Heavy Industries, the world's largest shipbuilder, will not meet its full-year profit target after reporting a half-year net loss of 53.1 billion won ($41.68 million)…
Great Lakes Shipping Returns to Normal
Shipping on the Great Lakes should be back to normal by early Monday evening, Canadian marine authorities said, as a 730-ft. freighter, which crashed into a lift bridge across the Welland Canal…
Ship Recycling Code Launched in London
An inter-industry working party - comprising the International Chamber of Shipping (ICS), BIMCO, Intercargo, Intertanko, ITOPF, ITF and OCIMF - has launched an Industry…
