News

By Alex Nussbaum (Bloomberg) — The U.S. shale surge is crashing headlong into a barrage of bottlenecks. From West Texas pipelines to Oklahoma storage

By Jacob Gronholt-Pedersen COPENHAGEN, May 30 (Reuters) – A Danish court on Wednesday sentenced the former manager of OW Bunker’s Singapore

WASHINGTON, May 29 (Reuters) – A British-based maritime services company has agreed to pay $20 million to resolve allegations it overbilled the U.S. Navy

By Chisaki Watanabe and Ichiro Suzuki (Bloomberg) — Untapped offshore wind is luring Japan’s biggest commodity houses to invest in projects in Taiwan

Maersk Line recently tapped classification society ABS to lead a workshop to identify and evaluate potential hazards posed on containerships from dangerous

OSLO, May 29 (Reuters) – The world’s largest liquid petroleum gas (LPG) shipper, Norway’s BW LPG, is offering to buy competitor Dorian LPG in

The fire-stricken containership Maersk Honam has now berthed at the Port of Jebel Ali where cargo discharge operations are now underway nearly three months

By Jenny Leonard and Andrew Mayeda (Bloomberg) — President Donald Trump said he’s moving ahead with plans to impose tariffs on $50 billion of Chinese

TOKYO, May 29 (Reuters) – Japan on Tuesday said it had detected what appeared to be a Chinese-flagged vessel, 350 km (218 miles) off Shanghai, conducting

President Trump gives the commencement speech at the U.S. Naval Academy’s graduation ceremony in Annapolis, Maryland, May, 25, 2018. The Atlantic.com has the

SEOUL, May 29 (Reuters) – South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the

By Alexander Whiteman (The Loadstar) – Shipper hopes that carriers will not impose fuel surcharges have been shot down as Maersk and CMA CGM became

By Idrees Ali WASHINGTON, May 27 (Reuters) – Two U.S. Navy warships sailed near South China Sea islands claimed by China on Sunday, two U.S. officials

WASHINGTON (Reuters) – The United States said on Friday it was “alarmed” by a Houthi missile strike on a Turkish vessel carrying wheat to

The National Transportation Safety Board has released 16-page illustrated digest summarizing in detail the critical events and decisions that led to the

Royal Dutch Shell has announced a large deepwater discovery in the U.S. Gulf of Mexico approximately 170 miles off the coast of Louisiana. Shell Offshore Inc.

PARIS, May 25 (Reuters) – French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were

By Ayenat Mersie NEW YORK, May 25 (Reuters) – The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new

A party boat hosting a high school senior prom rear-ended a yacht while docking on the Hudson River in Hoboken, New Jersey on Thursday. Thankfully, none of the

By Brian K. Sullivan (Bloomberg) — Meet Alberto, the first named storm of 2018. The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to