Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.
US oil products output pushes barge owner to another earnings record.
Shipbuilding arm of Japanese giant slips into the red in third quarter despite more orders and higher net sales.
Japanese shipbuilder reports lower earnings but still sees full year improvement.
HHI and SHI see market values backtrack following fourth quarter profit pain.
Japanese shipbuilder's nine-month profit slips in the same week that it announced mega-merger.
Private equity giant joins Gulmar Offshore in torpedoing allegations of fraud and tax evasion as police probe whistleblower.
Korean shipbuilder's annual profit stable, but earnings plunged 62% in final three months.
Investors in Korean bail-out fund could bag $870m of yard's shares if asset agency Kamco cannot sell them.
Investment firm parts with one of shipping’s veteran equity analysts in tough finance market.
Team behind attempt to take British Marine’s P&I business by stealth suffer another comprehensive defeat.
Oslo-quoted owner tests market appetite for gas stocks with $200m fundraiser aimed at growing FSRU arsenal.
Insolvent German yard’s hopes of survival lifted by Van Oord renegotiating wind power order.
John Fredriksen-controlled drilling giant shuffles management structure as Esa Ikaheimonen departs.
Richard Fain-led Royal Caribbean will miss first quarter and 2012 estimates following Carnival’s Italian casualty.
US offshore giant defies analysts’ expectations to hold steady course in the final quarter.
Russian economy ministry says tanker company’s share sale is the main priority for the spring.
World’s largest shipbuilder sees its bottom line tumble by more than 90% as cheaper ships are built.
Lars Solbakken-led shipowner is the latest firm to tap the red hot bond market in Oslo.
US shipowner’s 2011 earnings boosted by non-cash gain from its full takeover of Drybulk Capeholding.
Credit rating agency cuts its view on MOL and NYK against backdrop of tough markets.
Improving container market drawns higher ratings for OOIL, NOL, CSCL and Japan’s big three.
Japanese bulker owner sees nine-month profit jump despite revenue drop.
Ivan Glasenberg-led commodities titan is close to a merger with mining powerhouse.
Constantinos Constantakopoulos-controlled containership owner beats Wall Street bets as profit more than doubles.
Bombay-listed offshore vessel owner has final quarter earnings slashed.
Iranian embargo is already pushing rates but it won't provide a lasting cure for low earnings, says Ole-Rikard Hammer.
Bankrupt US tanker owner files restructuring plan as it races to unshackle Chapter 11 chains by spring.
ICAP delivers a history lesson which shows hope for the dry-cargo market given an early Chinese New Year holiday.
Singapore-listed arm of Indian shipowner is hit by a combination of rising costs and declining rates.
Finance chief of Oaktree-backed offshore contractor races to the exit as talk of tax headaches and expansion escalates.
Smaller fleet costs Singapore-listed offshore owner in the first half.
Italian bank cutting EUR 9bn exposure to non-core marine business by renewing loans “very selectively.”
Japanese tanker and bulker owner goes from JPY2.4bn profit to JPY1.3bn loss in twelve months.