Torm's Greek owner has dumped a worn ship in India, where poor workers break ships apart wearing sandals.

Hanjin Shipping forecast a rate increase by $ 700 for a twenty-foot container and $ 1400 for a forty-foot container on the route from Asia to Europe.

Companies earn twice as much money on scrap ready ships if they have them broken up in India.

Many companies operating on the Asia-Europe route are trying to bring about price increases - now also counting Taiwanese Evergreen.

Royal Caribbean Cruises enjoyed an excellent 2011, but the Costa Concordia wreck damages expectations immensely.

Merchant ships have helped rescue hundreds of people after a ro-pax ferry sank in Papua New Guinea.

The Diana Navitas has been created with the intention to design an environmentally friendly super yacht, where user awareness is the key.

The Cambodia-flagged bulk carrier Vera sank in the Black Sea off Turkey on Tuesday.

Japanese Nissan's new freighter Nichioh Maru is cutting 4,200 tons of annual CO2 emissions compared to similar vessels.

At the turn of the year, Danish Export Association bought the company WTC's export promotion activities. The purpose is to continue these succesful export promotions and at the same time start a new commercial sector network within the Danish water industry.