Feb 19 China Cosco Shipping (COSCOCS), China’s biggest shipping line, plans to carry out a careful selection of its future vessel-sharing alliance partners, but will maintain its two current alliances for the moment, the company said on Friday.
India’s Oil and Natural Gas Corporation has approved an investment of 340 billion rupees (about $5 billion) over the next few years in its east coast oil and gas asset, in a bid to boost production and benefit from a change in government policy.
China reacted frostily on Friday after Taiwan ally Panama said it had invited leaders from both China and self-ruled Taiwan to attend the inauguration of the expansion of the Panama Canal in late June, in what would be an awkward diplomatic encounter.
A federal judge in San Diego on Friday sentenced a U.S. Navy captain caught in a $30 million bribery scandal to 46 months in prison, bringing to a close the case against the highest-ranking officer in the fraud scheme.
Japan’s whaling fleet returned on Thursday from its Antarctic hunt after a year-long suspension with a take of more than 300 whales, including pregnant females.
A U.S. Navy tug missing since 1921 has been discovered sunk off San Francisco, officials said on Wednesday, solving a nearly century-old maritime mystery.
German container shipping group Hapag-Lloyd said it expected a clear increase in operating profit (EBIT) this year thanks to a market recovery, ongoing synergies from its merger with Chilean sector peer CSAV and cost-cutting programmes.
Indonesia’s president on Wednesday rejected Inpex Corp and Royal Dutch Shell’s proposal to build the world’s largest floating liquefied natural gas plant in the country’s east, saying an onshore plant would benefit its economy more.
Cruise operator Carnival Corp (CCL.N) said on Monday it received approval from Cuban authorities to begin operations to the country, starting May 1.
The U.N. Security Council agreed on Monday to a Chinese request to remove sanctions on four ships the United Nations had blacklisted for ties to Pyongyang’s arms trade.
Stevedores in Santos, Brazil’s largest port, have scheduled a 24-hour strike for Monday, demanding wage hike adjustments for inflation as the country’s main commodity markets gear up for the export season.
The International Court of Justice on Thursday said it would consider a claim by Nicaragua to expand its maritime boundaries in a mineral-rich part of the Caribbean Sea toward Colombia, a ruling set to further strain relations between the two countries.
The Port of Long Beach, the second largest port in the United States, will see 5 percent growth in cargo volume this year as a strong U.S. dollar spurs consumer demand, the west coast port’s chief executive said on Thursday.
Australia’s new A$50 billion ($38 billion) submarine fleet should be built entirely within Australia, ThyssenKrupp AG’s shipbuilding unit said on Thursday, making the German firm the first bidder to publicly endorse domestic construction as the best option.
European Union lawmakers and member states have agreed on a long-term plan to end over fishing of cod, sprat and herring stocks in the Baltic Sea, the first such plan of its kind under the EU’s reformed fisheries policy.
The Obama administration reversed course on Tuesday on a proposal to open the southeastern Atlantic coast to drilling as an oil price slump and strong opposition in coastal communities raised doubts about the plan.
Somali al Shabaab fighters have seized a small port in the semi-autonomous Puntland region, the latest sign of a resurgence in activity by the Islamist militants in the Horn of Africa nation.
The number of people who could be displaced in U.S. coastal regions due to rising sea levels this century as a result of climate change is much higher than previously thought, with more than 13 million Americans at risk with a 6-foot (1.8 meters) rise including 6 million in Florida, scientists said on Monday.
Giving a work report at the annual meeting of China’s largely rubber-stamp parliament, chief justice Zhou Qiang said courts across China were working to implement the national strategy of building China into a “maritime power”.
A tugboat crew member died and two were missing on Saturday after the vessel collided with a barge and sank in the Hudson River under the Tappan Zee Bridge north of New York City, authorities said.
U.S. forces responsible for disrupting the flow of illegal drugs and migrants to the United States lack the airplanes and ships needed to perform their mission at the level set by the Pentagon, a top U.S. admiral said on Thursday.
Sri Lanka has granted approval for a $1.4 billion Chinese-backed real estate project in Colombo to resume construction next week, ending a year-long delay, Chinese state news agency Xinhua reported on Thursday.
Transocean Ltd announced on Tuesday an agreement with Keppel Offshore & Marine Ltd’s shipyard, Keppel FELS, to defer the delivery and related payments of five high-specification jackups until 2020.
South Korea said on Tuesday it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea’s weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days.