News

WASHINGTON, Aug 10 (Reuters) – Iran test-fired a short-range anti-ship missile in the Strait of Hormuz during naval drills last week that Washington

By Greg Torode and Brenda Goh HONG KONG/SHANGHAI, Aug 9 (Reuters) – Beijing’s giant state-owned enterprises are playing an increasing role in

FRANKFURT, Aug 10 (Reuters) – German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operational

The cause of one the worst maritime disasters in South Korea’s history is likely to remain a mystery. This week, an eight-member panel appointed by the

By Shruti Date Singh and Tatiana Freitas (Bloomberg) –It looks like China can’t completely shun U.S. soybeans as at least a few cargoes of American

By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) — European nations are far behind Mexico and China when it comes to receiving liquefied

The U.S. Department of Transportation needs to expeditiously finalize a national maritime strategy for sustaining the U.S.-flag fleet and ensuring the

The Port of Long Beach saw a decline in container volumes in July compared to the same month a year ago, which hit a historic high that has since

ROME, Aug 9 (Reuters) – Italian police said on Thursday they found 20 tonnes of hash worth as much as 200 million euros ($232 million) in the fuel tanks

By Mike Wackett (The Loadstar) – Alphaliner’s bellwether containership idle tonnage data has recorded a big spike in vessels being consigned to

BRUSSELS, Aug 9 (Reuters) – The European Union said it was delivering on a deal with U.S. President Donald Trump to buy more U.S. liquefied natural gas

COPENHAGEN, Aug 9 (Reuters) – Shipping group Maersk said on Thursday 94 companies and organizations have so far joined a blockchain platform developed

Bouchard Transportation of Melville, New York, wants the Coast Guard’s investigation limited to the loaded oil barge which exploded in 2017 off the coast

Two yachtsmen had to be rescued early Wednesday morning after their vessel collided with a cargo ship in the English Channel off Dungeness, Kent. The HM

Some big news this week from one of the world’s top port operators and self-proclaimed global trade enabler. On Tuesday, Dubai-based DP World announced

By Julian Lee (Bloomberg) — It is still nearly three months until U.S. sanctions on Iran’s oil exports snap back into force, but they are

By Chen Aizhu and Meng Meng BEIJING, Aug 8 (Reuters) – PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG)

The vessel ran aground January 11, 2018 after the 17-year-old helmsman fell asleep at the wheel. Crew fatigue led to the grounding and loss of commercial

By Christian Wienberg (Bloomberg) — Shares in A.P Moller-Maersk A/S rose as much as 6.9 percent, the most since December 2016, after the world’s

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Aug 7 (Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from