News

The number of piracy and armed robbery at sea incidents was down in first nine months of 2019, but  piracy hotspots like the Gulf of Guinea continue to

By Leigh Thomas PARIS, Oct 15 (Reuters) – France wants the European Union to work on creating a tax on airplane and ship fuels as part of a push

By Sheela Tobben (Bloomberg) –Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers

SINGAPORE, Oct 16 (Reuters) – A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed

By Timothy Gardner and Arshad Mohammed WASHINGTON, Oct 16 (Reuters) – The White House is warning Chinese shipping companies against turning off their

Norwegian authorities are warning shipowners and operators about the dangers associated with lithium-ion battery systems after a fire and subsequent gas

By Collin Eaton, Devika Krishna Kumar and Julia Payne HOUSTON/NEW YORK/LONDON, Oct 15 (Reuters) – Freight rates to ship U.S. crude to Asia eased on

The U.S. Department of Homeland Security has granted extraordinary contract relief to Eastern Shipbuilding Group related to the first four hulls in the Coast

BUDAPEST, Oct 15 (Reuters) – Hungarian prosecutors are expected to charge the captain of a cruise ship that struck and sank a small tourist vessel on the

By Ira Breskin – NEW YORK –The local Coast Guard unit now is implementing critical lessons learned from a recently completed turbocharged cybersecurity

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

By Serene Cheong and Sharon Cho (Bloomberg) –Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

The International Transport Workers’ Federation has joined Ukrainian and Croatian maritime unions in demanding that the search for seven missing Bourbon

Finnish technology group Wärtsilä has teamed up with Finnish rotor sail propulsion specialist Norsepower to pursue energy-saving rotor sail projects in the

Authorities in France are responded to the grounding of a cargo ship on the island of Corsica early Sunday morning. The 90-meter M/V Rhodanus with seven people

By Bloomberg News (Bloomberg) — China wants to hold more talks this month to hammer out the details of the “phase one” trade deal touted by Donald

Officials overseeing the salvage of the overturned Golden Ray in Brunswick, Georgia have opted to dismantle the vessel in place in lieu of refloating it due to

By Ron Bousso LONDON, Oct 14 (Reuters) – Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels