In an our editorial last month titled Top 10 Reasons Why The US Merchant Marine Is Failing, I asserted that the US Maritime Administration ignores the

Update: Wilbur Ross Denies Insider Trading in Short Sale of Russia-Linked Navigator Holdings By Bill Allison (Bloomberg) — Commerce Secretary

The Paris MoU has approved its 2017 port state control inspection results for 2017 and adopted its new “White, Grey, and Black” performance lists

By Michael Martina and Eric Beech BEIJING/WASHINGTON, June 19 (Reuters) – U.S. President Donald Trump threatened to impose a 10 percent tariff on

Interview by Paul González-Morgan (Marine Strategy) – Ian Gaunt is President at The London Maritime Arbitrators Association (“LMAA”), the

By Arno Schuetze FRANKFURT, June 19 (Reuters) – Deutsche Bank is selling a $1 billion portfolio of legacy shipping loans to an entity owned by funds

By Mike Wackett (TheLoadstar) A leading shipping analyst has drastically cut its 2018 ocean carrier profitability forecast from $5bn to “breakeven at

By P.J. Huffstutter CHICAGO, June 18 (Reuters) – Cargill Inc aims to cut carbon emissions from its international shipping unit by as much as 15 percent

Some of the world’s leading international shipping associations are calling on the Member States of the International Maritime Organization (IMO) for

Norwegian energy major Equinor has awarded new contracts for integrated drilling and well services contracts amounting to NOK 30 billion (about $3.7 billion).

By Dinesh Nair, Manuel Baigorri and Scott Moritz (Bloomberg) — EchoStar Corp. is considering raising its offer for rival Inmarsat Plc after its initial

By Henning Gloystein SINGAPORE, June 18 (Reuters) – China’s threat to impose duties on U.S. oil imports will hit a business that has soared in

By Arno Schuetze and Jonathan Saul FRANKFURT/LONDON, June 14 (Reuters) – Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks

Minnesota’s Duluth Harbor was briefly shut on Sunday after a large laker ran aground just short a breakwall. The 990-foot M/V American Spirit was

By Ryan Collins (Bloomberg) — In punching back against U.S. tariffs, China included almost all energy-related commodities on a list of its retaliatory

Press Release – Damen Shipyards – In order to meet the needs of the Brazilian Navy, Damen Schelde Naval Shipbuilding and Saab come together to

by Nick Ford (Reuters) – A fire in the hold of a bulker ship on Monday briefly closed Australia’s Port Kembla, the second-largest coal export port in

By Luis Felipe Fernandez and Jordi Rubio VALENCIA, Spain, June 17 (Reuters) – A migrant rescue boat turned away by Italy and Malta arrived at the

by Lisa Ferdinando – The United States needs its Merchant Marine officers to employ discipline, strategic thinking and strong ethics in the often

by Philip Pullella (Reuters) A heated exchange erupted after interior minister Matteo Salvini told more foreign NGOs operating migrant rescue ships in the