News

MANILA, Oct 9 (Reuters) – Australian shipbuilder Austal Ltd and U.S. private equity firm are considering a joint bid for a strategically located but

By Shu Zhang and Roslan Khasawneh SINGAPORE, Oct 9 (Reuters) – About one-third of the oil tankers owned by COSCO Shipping Tanker (Dalian) have shut off

By Firat Kayakiran and John Deane (Bloomberg) –Oil-tanker earnings surged above the $100,000-a-day marker on the benchmark route as a looming ship-fuel

Crew members on board the ALP Striker reported seeing possible distress flares in the search for missing crew members from the Bourbon Rhode in the central

As I write on the 4th anniversary of the El Faro sinking (Oct. 1, 2015), I am reminded that those who lost their lives weren’t strangers, many shared the

By Sheela Tobben and Jacquelyn Melinek (Bloomberg) –Oil declined near a two-month low on fading prospects for a resolution to the protracted U.S.-China

South Korean shipbuilder Samsung Heavy Industries will build six of the world’s biggest containerships for Taiwanese shipping company Evergreen Marine

Check out this incident video showing a tugboat being trapped between the cruise ship Star Princess and a pier in San Francisco. The incident took place on

Philly Shipyard says it has been awarded second dry docking contract from the U.S. Maritime Administration for work on the FSS Pollux as the shipbuilder

German research icebreaker Polarstern is now parked Arctic Ocean ice floe where researchers will set up camp for a one-year-long drift around the North Pole in

SINGAPORE, Oct 7 (Reuters) – Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm

HOUSTON/NEW YORK, Oct 7 (Reuters) – Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of

The three survivors from the Bourbon Rhode sinking arrived in France on Sunday as a limited search for seven missing seafarers continues in the Atlantic Ocean,

Hapag-Lloyd has ruled out sending its ships through the Northern Sea Route for the foreseeable future despite faster transit times, joining rival CMA CGM in

By Kiyoshi Takenaka TOKYO, Oct 7 (Reuters) – Japan rescued about 60 North Korean crew members from a fishing boat that sank after it collided with a

Norwegian energy company Equinor has brought the giant Johan Sverdrup field on stream more than two months ahead schedule. Sanctioned in 2015, Johan Sverdrup

French offshore services company Bourbon is mourning the seven seafarers still missing after the Bourbon Rhode AHTS sank in the Atlantic Ocean more than a week

Hamburg-based Nauticor has conducted the first ship-to-ship LNG bunkering operation in Germany using its bunker supply vessel Kairos. The operation took place

By Benjamin Stupples (Bloomberg) –Gazing across the sun-dappled harbor in Monaco, even the fathomlessly rich might get the feeling that some people have

Russian natural gas produce Novatek said it shipped fifteen cargoes from its Yamal LNG plant to Asia via the Northern Sea Route in the third quarter of 2019,