News

By Saleha Mohsin (Bloomberg) — The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off

By Anna Shiryaevskaya (Bloomberg) –The new Saga Dawn liquefied natural gas tanker shuttling between Singapore and Humen in eastern China is a sign that

By Jack Wittels and William Wilkes (Bloomberg) –Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades,

Norwegian energy firm Equinor is seeking to halve its global emissions from maritime shipping by 2050 and will work towards developing and promoting

By Antonio Vanuzzo and Tara Patel (Bloomberg) –There will be little change to global supply chains in the aftermath of the coronavirus, at least in the

By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of

By Brendan Murray (Bloomberg) — The U.S. economy is unlikely to snap back quickly and may not return to normal until 2021, according to the chief of one

HOUSTON, June 7 (Reuters) – Tropical Storm Cristobal on Sunday slowed its advance through the Gulf of Mexico, bringing a coastal storm surge, high winds

The U.S. Coast Guard medevaced a crew member of a Maersk containership who sustained burns in some kind of engine room explosion approximately 275 miles off

By Jordan Fabian and Jenny Leonard (Bloomberg) –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified

By Jonathan Saul, Lisa Baertlein and Sonya Dowsett LONDON/LOS ANGELES/MADRID, June 5 (Reuters) – The $1 trillion container shipping industry is in a

PARIS, June 5 (Reuters) – CMA CGM expects activity in the shipping sector to bottom out during the second quarter as countries emerge from

HOUSTON, June 5 (Reuters) – A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on

Salvatore R. Mercogliano, Ph.D.  – June 5, 2020 marks the centennial of the Merchant Marine Act of 1920, commonly referred to as the Jones Act. 

By Will Mathis (Bloomberg) — The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that

Several fire fighters have been injured while responding to a fire on board a vehicle carrier off Blount Island in Jacksonville, Florida. Coast Guard Sector

Salvors in Brazil have refloated the stricken Stellar Banner more than three months after the VLOC ran aground.   The refloating comes following the removal

The Australian Transportation Safety Bureau is highlighting the importance of applying existing safety management procedures after a containership’s crew

By Erwin Seba HOUSTON, June 4 (Reuters) – As oil and gas companies began shutting offshore production before the first tropical storm of the season in

By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and