Maritime Industry News

Follow some of the most important maritime industry companies business news.

Search Suspended for Missing Crew of Cemfjord

Monday, 05 January 2015 11:11

The search for eight crew missing from the cement carrier, ‘Cemfjord’ which capsized and sank in the Pentland Firth has been suspended this evening, with no sign found of the missing crew....

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NAVTOR Expands into Asia

Monday, 05 January 2015 11:08

E-navigation specialist NAVTOR has set course for Asia, with the news that the Egersund, Norway-based business has opened an office in Singapore. The move comes...

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Vessel Sinks with All Filipino Crew

Sunday, 04 January 2015 11:05

A Bahaman ship Bulk Jupiter with all-Filipino crew members sank on Friday in the East Vietnam Sea, some 150 nautical miles off southern Vung Tau City. Personnel...

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Oil Declines in Thin, Volatile Trading

Saturday, 03 January 2015 15:07

Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year,...

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Diana Charters Bulk Carier to RWE

Friday, 02 January 2015 16:01

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its Capesize dry bulk vessels,...

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MPA: Collision, Oil Spill off Singapore

Friday, 02 January 2015 15:38

An oil tanker and a bulk carrier collided off Singapore on Friday causing some crude oil spillage, the Maritime Port Authority said. A Libyan-registered oil...

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