Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced that it has agreed to sell the Hyundai Hongkong, a 2006-built, 6,800 TEU containership for a total net sale price of $36.0 million to the group c…

Navios Maritime Containers announced that it has agreed to acquire five containerships for a total purchase price of $246.0 million. The Company expects to take delivery of all five vessels in the third quarter of 2018. Based on existing charters and t…

Canada’s shipbuilding and ship repair company Seaspan Shipyards (Seaspan), joined by representatives from industry and government,  celebrated the start of construction on the first Joint Support Ship (JSS) for the Royal Canadian Navy (RCN).

While exact figures are hard to come by, preliminary, conservative estimates of fatalities in fishing are now over 32 000 people annually. The UN Food and Agriculture Organization (FAO) says that the number of fishers injured or suffering from work-rel…

As the competitive and economic pressure on the shipping and offshore industries continues to grow, owners, operators and yards are searching for every efficiency. To support its customers, DNV GL has developed the first type approval scheme…