News

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

by Julian Lee (Bloomberg) – Supertankers hauling seawater across the Atlantic? That’s just one of the odder results of the U.S. shale boom.

By Mike Wackett (TheLoadstar) Both of the major east-west tradelanes recorded significant falls on today’s Shanghai Containerized Freight Index (SCFI),

By Gavin van Marle (TheLoadstar) US digital-first freight forwarder Flexport has secured “a truly outstanding” $1bn in a new funding round led by

by Naureen S. Malik (Bloomberg) A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the brief two-month window when natural gas

Brittany Ferries has signed an agreement with Spanish energy company Repsol for the delivery of Liquefied Natural Gas to its Spanish operations. A letter of

by Firat Kayakiran (Bloomberg) They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do,

by Catarina Demony (Reuters) – The crew of Venezuelan oil tanker, the Rio Arauca, that has been stuck in the middle of the river Tagus in Lisbon for

By Jonathan Saul and Maiya Keidan LONDON, Feb 20 (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have

Interview by Paul González-Morgan (Marine Strategy) – Sinclair Browne is Chief Executive of the Port of Inverness, situated in the city of Inverness,

By Mike Wackett (The Loadstar) – The pro-scrubber Clean Shipping Alliance 2020 has strongly criticised the EC for urging the International Maritime