There are hopeful signs that a rescue could be in the works for the two shipyards owned by Germany’s FSG Nobiskrug — Flensburger Schiffbau Gesellschaft (FSG) in Flensburg and Werft Nobiskrug in

Damen Shipyards Galati in Romania has cut steel on the third vessel in a series of four Island Class ferries on order for Canada’s BC Ferries. At the same time, another vessel

FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's

The Philippine navy said on Friday its ships were holding drills near a contested shoal in the South China Sea, a day after Manila and Beijing agreed to seek common ground and