News

By Anna Shiryaevskaya and Stephen Stapczynski (Bloomberg) –The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the

By Parisa Hafezi and Sylvia Westall DUBAI, Oct 11 (Reuters) – An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi

NEW YORK, Oct 10 (Reuters) – Phillips 66 tentatively chartered a supertanker to ship U.S. crude from the U.S. Gulf Coast to South Korea for a record $14

LOS ANGELES, Oct 10 (Reuters) – The Port of Los Angeles, the busiest for ocean trade with China, processed fewer containers of imported goods in

By Devika Krishna Kumar and Collin Eaton NEW YORK/HOUSTON, Oct 10 (Reuters) – China’s Unipec, the trading arm of Asia’s top oil refiner

By Michael Carr – We were all beyond exhausted. Muscle memory and caffeine were keeping us going. And now I was certainly going to jail when all I had

LONDON, Oct 10 (Reuters) – A humpback whale found dead in the River Thames just east of London had likely been struck by a ship, scientists who conducted

Imports at the nation’s major retail container ports are expected to hit their highest level of the year again next month ahead of new tariffs set to take

By Mike Wackett (The Loadstar) – The number of containerships transiting the Panama Canal during its fiscal year ending 30 September declined slightly,

Luxembourg-based Jan De Nul Group says it has completed dredging on the navigational channel in Port Hedland, Western Australia. The completion of dredging

By Florence Tan and Shu Zhang SINGAPORE, Oct 10 (Reuters) – A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), under U.S. sanctions

U.S. Military Sealift Command commanders overseeing the U.S Transportation Command’s recent turbo activation are providing new details about

By Anna Shiryaevskaya – (Bloomberg) –Giant ocean-going tankers built the liquefied natural gas industry into a $150-billion-a-year business. The

By Ira Breskin – The Port of New York and New Jersey is enjoying an upswing. That’s the message speakers delivered at the recent 19th annual Port

A company owned by a group of French banks has made a takeover offer for beleaguered offshore services company Bourbon Corporation as part of the company’s

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