News

By Bloomberg News (Bloomberg) — China and the U.S. have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between

By Devika Krishna Kumar NEW YORK, Nov 7 (Reuters) – Energy Transfer LP said on Thursday discussions with potential shippers to build an offshore crude

By Verity Ratcliffe (Bloomberg) –A U.S.-led coalition created to secure sea lines vital to oil shipping in the Middle East formally launched operations

By Marianna Parraga, Gram Slattery and Marta Nogueira RIO DE JANEIRO, Nov 7 (Reuters) – Major global oil firms snubbed a second Brazilian oil auction in

LONDON, Nov 7 (Reuters) – The sanctions imposed by the United States on subsidiaries of Chinese state-owned group COSCO have not affected the

LONDON, Nov 7 (Reuters) – Britain lowered its security risk level for UK-flagged ships traveling through the Strait of Hormuz on Thursday, more than a

A.P.Moller- Maersk is getting ready to test a containerized battery on board one of its containerships as the world’s largest container shipping company

By Jonathan Saul LONDON, Nov 6 (Reuters) – The United States will target shipping companies that are in breach of sanctions and aggressively enforce

By Meghan Lapp – The Jones Act, or Merchant Marine Act of 1920, has been the foundation of U.S. maritime commerce for 100 years, requiring coastwise

MSC Cruises and Chantiers de l’Atlantique have unveiled a potentially groundbreaking project to develop an LNG-operated fuel cell on board a cruise ship that

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable

By Michael Carr – We all respected Jan Miles, captain of the schooner Pride of Baltimore. His vessel was faster, sleeker, bigger, and better funded than

By Sharon Cho – (Bloomberg) –Saudi Arabia has priced its lighter crude at the widest premium to heavier oil in almost two years as new rules

By Mike Wackett (The Loadstar) – Athens-based non-operating containership owner Danaos Corporation said today it expected container trade demand would

Norwegian ship technology group Havyard is moving forward with a project to pilot a hydrogen power system for use on board large ships. The project, led by

By Nerijus Adomaitis OSLO, Nov 5 (Reuters) – Environmental groups urged a Norwegian appeals court on Tuesday to take emissions from the country’s

World maritime trade lost momentum in 2018 as heightened uncertainty, escalating trade tensions between the US and China, and mounting concerns over other

Disney cruise Line has announced plans to build three LNG-powered cruise ships at the Meyer Werft shipyard in Germany. A memorandum of agreement for the

By Barbara Lewis LONDON, Nov 4 (Reuters) – BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to

United Seamen’s Service has awarded its prestigious 2019 Admiral of the Ocean Sea Award (AOTOS) to U.S. Secretary of Transportation Elaine L. Chao in