Research ship looking for missing submarine

Quebec shipyard looking to carve out a piece of nationalshipbuildingpieCanada.comThat could open up a potential avenue for the government should the $35-billion nationalshipbuildingstrategy be in danger of running aground due to delays or cost overruns. But it could also re-ignite a cross-country political dogfight the...

Although this week has seen limited reported ordering, the newbuilding market remains active with on‐going discussion across the majority of conventional sectors and a further tightening of available shipyard capacity for delivery next year. This was stated by Clarkson Hellas in its latest report, where it noted that "what orders

With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most important issue

The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry’s benchmark has been falling this week, with the Baltic Dry Index (BDI) retreating yesterday to 1,886 points, close to its 2010 lowest.

With this year's holiday period in Asian markets not expected until the start of February (Lunar New Year), shipyards across the region are looking to capitalize on the extra time given, in order to increase their bookings and take advantage of the heightened activity noted during the final weeks of 2012 and the early ones of 2013. Still, the newbuilding market has quietened down during the past w...

It appears that the tide could be shifting for tanker owners, as things are starting to change for the better, day-in-day-out. According to the latest report from shipbroker Intermodal, this positive trend is exhibited week by week, by the firming prices noted in the second hand market as Asian buyers' interest mounts. According to the report, "most market players

CARGOTEC has confirmed that Finland's National Bureau of Investigation is investigating a case of suspected aggravated fraud at its MacGregor division

The 'Aquarius' was once again looking for a safe place to dock