Indian refiner to lift oil from the sanctions-hit country for the first time in three months

Ship said to have snagged the chains holding a buoy after the power failure left it with out the ability to steer

The deal would come as the US government continues to take a hard look at shipping

Most of the company’s fleet is being used as collateral for financing

Meanwhile, Navios South American Logistics has raised $500m in a private offering of secured notes

Cypriot owner follows $20.7m fundraiser with another aimed at building up its fleet

Five workers said to have been “seconds away” from being killed in incident at New Zealand port

The gas carrier owner declined to provide details when the placement was made last month

Two ships will be transferred within Carnival Corp to P&O Australia from Princess Cruises, according to VesselsValue

Short-term rates are low enough for charterers and high enough for shipowners