Shipping News

By Mikael Holter (Bloomberg) — After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s

KUALA LUMPUR, Jan 10 (Reuters) – Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing

By Jennifer A. Dlouhy (Bloomberg) — Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida

RIYADH, Jan 10 (Reuters) – The Saudi-led coalition fighting in Yemen said on Wednesday it had thwarted an attack on a Saudi oil tanker over the weekend

By Jonathan Saul LONDON, Jan 10 (Reuters) – The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from

By Mike Wackett (The Loadstar) – Where contracts allow, ocean carriers are starting to postpone deliveries of new ultra-large container vessels (ULCVs)

A total of 180 incidents of piracy and armed robbery against ships were reported to the International Chamber of Commerce’s (ICC) International Maritime

By Aziz El Yaakoubi DUBAI, Jan 9 (Reuters) – Yemen’s armed Houthi movement threatened to block the strategic Red Sea shipping lane if the

By John Geddie and Henning Gloystein SINGAPORE, Jan 9 (Reuters) – Eleven men were charged in a Singapore court on Tuesday in connection with a

By Firat Kayakiran (Bloomberg) — OPEC’s strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry’s supply chain:

By Josephine Mason and Yuna Park BEIJING/SEOUL, Jan 9 (Reuters) – Strong winds, high waves and toxic gases are hindering dozens of rescue boats

Photos and video taken in the aftermath of a collision involving two commercial vessels in the East China Sea on Saturday night show the extent of the

LONDON, Jan 8 (Reuters) – A British frigate escorted Russian ships through the English Channel on Monday, Britain’s defense ministry said, adding

By Ernest Scheyder and Valerie Volcovici HOUSTON/WASHINGTON, Jan 8 (Reuters) – President Donald Trump’s administration has proposed opening up

By Rob Verdonck and Elena Mazneva (Bloomberg) — Not many people had expected the U.S. to turn to Europe for natural gas this winter. Yet the polar chill

Monday Update: Iranian Tanker at Risk of Exploding as Rescue Crews Wrestle to Tame Fire By Meng Meng and Josephine Mason BEIJING, Jan 7 (Reuters) – A

Norwegian shipbuilder VARD has won a contract for the construction of an all-electric car and passenger ferry for Boreal in Norway. The RoPax ferry is

KUALA LUMPUR, Jan 5 (Reuters) – Malaysia will allow a U.S.-based exploration firm to resume the search for Malaysia Airlines flight MH370, an airline

By Serene Cheong and Dan Murtaugh (Bloomberg) — Donald Trump’s desire to squeeze Kim Jong Un’s regime risks being undermined by the furtive maneuvers

By Scott DiSavino and Devika Krishna Kumar NEW YORK/LONDON, Jan 4 (Reuters) – A severe winter storm froze pipes and disrupted services at refineries on