News

LONDON, Jan 30 (Reuters) – Sweden’s Stena and Bermuda-registered Stolt-Nielsen are reviewing their UK-registered ships ahead of Britain’s departure

By Krystal Chia (Bloomberg) — The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined

SEOUL, Jan 30 (Reuters) – South Korea’s Hyundai Heavy Industries Group, the world’s biggest shipbuilder, is interested in buying a stake in

China state oil company CNOOC on Tuesday announced a major new oil discovery at the Glengorm prospect in the U.K. sector of the North Sea. The Glengorm

By Mayela Armas and Deisy Buitrago CARACAS, Jan 29 (Reuters) – The Trump administration’s sanctions on Venezuelan oil, aimed at driving

The Port of Savannah moved a record 4.35 million TEU in 2018, making for a 7.5 percent increase over 2017, according to a report from Georgia Ports Authority

By Julian Lee (Bloomberg Opinion) — President Donald Trump has slapped oil sanctions on Venezuela, and they will hit hard. Although they

By Kyunghee Park (Bloomberg) — The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this

By Matt Spetalnick and Steve Holland WASHINGTON, Jan 28 (Reuters) – The Trump administration on Monday imposed sweeping sanctions on Venezuelan

The boom of a giant ship-to-shore crane collapsed onto the deck of a containership at the Port of Vancouver on Monday. According to reports, the incident

Finnish shipping company Containerships Group says its LNG-powered ship, M/S Containerships Nord, has completed its first LNG bunkering at the Port of

The U.S. Navy has commissioned its second of three Zumwalt-class destroyers, named USS Michael Monsoor (DDG 1001), at Naval Air Station North Island,

By John Miller – ZURICH, Jan 28 (Reuters) – French shipping company CMA CGM on Monday formally launched a cash offer to buy out other shareholders

By Gavin van Marle (The Loadstar) – Hapag-Lloyd has formally declared general average on its fire-stricken Yantian Express. A fire broke out in a

Liberia has surpassed rival Marshall Islands as the world’s second largest ship registry in terms of gross tonnage, according to leading shipping analyst

The U.S. Coast Guard and other state and local agencies responded Friday to reports of several barges and vessels breaking away from their moorings on the

FRANKFURT, Jan 25 (Reuters) – German utility Uniper on Friday said ExxonMobil had signed a preliminary deal to take a substantial share of the

LONDON, Jan 25 (Reuters) – Archaeologists have found the remains of Captain Matthew Flinders, a British Royal Navy explorer who was the first to sail

The containership Yantian Express is now headed for Freeport, Bahamas for the recovery and assessment of cargo from the fire which broke out January 3, 2019,

By Roslan Khasawneh SINGAPORE, Jan 25 (Reuters) – Singapore-based Ocean Bunkering Services (OBS) Pte Ltd topped the 2018 list of largest marine fuel