Morten Arntzen-led tanker giant slashes payouts to board members but says the compensation is still competitive.
Japanese owner among the first to offer up ship for recycling at new domestic pilot project.
Clipper Bulk boss Frank takes over from his father Torben as chairman and CEO of Danish shipping group.
World's oldest ocean-going passengership looks to have escaped the breakers' torches once again.
Two gambling ships are seized as hedge fund seeks $74m from insolvent Ocean Casino Cruises.
David Moorhouse is to stand down as chairman of Lloyd’s Register after a decade at the head of UK classification society.
Shipping fraudsters suspected of masterminding scrap con from Europe and South American to Asia.
Mystery surrounds Somali pirates’ shift of seized Zodiac ship Asian Glory for third time this year.
Another slice of mothballed part of AP Moller's Lindo Shipyard rented out as Skykon moves in.
Body of naked man who allegedly jumped off Los Angeles pier to escape pursuer pulled from water.
DnB NOR zeroing in on Marine Capital bulkers while Sammy Ofer takes a hit on charter of five megaboxships to Maersk.
NATS’ Herbjorn Hansson cries foul over “negative” campaign by Evangelos Marinakis’ Crude Carriers on IPO roadshow.
Indian shipping and ports group builds US presence by taking over coal company Trinity.
Spate of attacks on vessels in Somali Basin leads to arrest of 11 suspected pirates by French Navy.
QT Trading sends US Marshalls to seize a vessel once connected to bankrupt shipowner Daewoo Logistics.
Shipbroking unmasked as the easiest game in the world and are the Germans up for a fight?
Tankers set to be target of terrorist campaign in Asian strategic waterway, say Singapore authorities.
More than 300 passengers struck by vomiting and diarrhoea on Royal Caribbean’s Vision of the Seas in Brazil.
Tragedy-hit Philippines ferry group Sulpicio Lines renamed following Princess of the Stars disaster.
If you’re still working on making your first million the sale and purchase market offers easy money!
Chamber of Shipping sticks to dire prophecy of big stampede from UK flag if pay equality law is passed
Vitol and Morgan Stanley book two products tankers to move gasoil into earthquake-hit country.
Ship technology group introduces retro-fitting of fuel reduction kit as former UASC boss Sorensen takes reins.
Management changes continue at Mexico City-based Grupo TMM as the company’s board of directors appoints new executive officers.
Workers down tools in protest at Hanjin Heavy’s proposal to axe jobs as newbuilding orders slump.
Shipping Corp of Polynesia secretary Ramsay Dalgety faces perjury charge over sinking of Princess Ashika.
Departing Torm CEO Mikael Skov tied to “non-compete” clause until August but denies any new post secured.
Hijackings averted after NATO scuttles weapons-laden boat off Somalia, no word on fate of suspects.
Hundreds of Norwegian crew had health certificates withdrawn last year due mainly to obesity.
Filipino seafarers sent $3.4bn back home in 2009, up 12% from 2008 despite global slump.
Ransom paid to secure release of bulker Navios Apollon and 19 crew from Somali pirates.