News

PARIS, March 1 (Reuters) – French container shipping group CMA CGM booked record revenue in 2018 as trans-Pacific goods traffic remained buoyant despite

Crews have started removing fuel from the Turkish cargo ship Efe Murat which washed ashore along a breakwater in Bari, Italy during a storm last week.

LONDON, March 1 (Reuters) – Britain has paid out 33 million pounds ($43.7 million) to settle a claim with Eurotunnel which runs the Channel Tunnel

By Timothy Gardner WASHINGTON, Feb 28 (Reuters) – The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil

Update: New Video Shows Russian Cargo Ship’s Busan Mayhem The Korean Coast Guard is investigation the allision of a Russian cargo ship with a bridge

Expedition cruise company Lindblad Expeditions (NASDAQ: LIND) announced the signing of an agreement with Norwegian shipbuilder and designer Ulstein to build a

ATHENS, Feb 28 (Reuters) – Hellenic Petroleum, Greece’s biggest oil refiner, said on Thursday that two of its three refineries are already

by Sabina Zawadzki (Reuters) – Russian gas producer Novatek wants to use nuclear icebreakers to keep the Northern Sea Route, a shipping path traversing

By David Wethe and Alix Steel (Bloomberg) — Diamond Offshore Drilling Inc. said it’s nearly doubling rental rates for deepwater drillships as oil

ATHENS, Feb 27 (Reuters) – Greek shipowners will pay at least 75 million euros ($85.37 million) annually to the state budget, the prime minister’s

The keel of the lead vessel in Foss Maritime’s new class of EPA Tier 4-compliant ASD 90 tractor tugs has been laid the Nichols Brothers Boat Builders in

Europe’s first conversion of a dredger to dual-fuel capability combining LNG and MGO is close to completion at Damen Shiprepair Dunkerque, the first

By Tom Käckenhoff DUISBURG, Germany, Feb 27 (Reuters) – Thyssenkrupp will spend a mid double-digit million euro sum over five years to safeguard against

By Irene García Pérez (Bloomberg) — As Theresa May mulls moves to stop the U.K. leaving the European Union without a deal next month, some businesses

by Lucia Kassai (Bloomberg) Venezuela is running out of space to store its sanction-stained crude that few dare to buy, forcing it to reduce output at a time

by Vera Eckert (Reuters) – The world’s two biggest container shipping companies on Tuesday said they have been cleared in an investigation of the

by Kaye Wiggins (Bloomberg) The U.K. government appears to want an upcoming trial over its controversial no-deal Brexit ferry contracts to be held in private,

by Meng Meng (Reuters) – China’s liquefied natural gas imports in January rose to a record as an increase in residential heating demand during the

by Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018

by Colin Daileda (Thomson Reuters Foundation) Thankachan Polayalil has been a fisherman for 42 of his 65 years, long enough to remember when fish were visible