News

“The Caribbean Fantasy had been detained 3 times in the years immediately before the fire, yet no red flags went up,” commented NTSB Chairman

Shares of NYSE-listed leading international bunker fuel supplier Aegean Marine Petroleum Network crashed more than 75% Tuesday after the company revealed it

By Mike Wackett (The Loadstar) – In the face of increasing anger from shippers over emergency bunker surcharges, shipping consultant Drewry too has

South Korea’s biggest shipping line Hyundai Merchant Marine has opted to split its twenty-vessel megaship order among South Korea’s top three

French shipping group CMA CGM has teamed up with a San Francisco startup to explore the use of artificial intelligence on board its ships. CMA CGM, the

The Australian Transport Safety Bureau (ATSB) will investigate the loss of dozens of shipping containers overboard from the Yang Ming-operated cargo ship YM

Global ships agency Wilhelmsen is teaming up to aeronautics company Airbus to bring shore-to-ship drone delivery to Port of Singapore. The new service, called

OSLO, June 5 (Reuters) – Chemical tanker firm Odfjell sees significant upside potential to its earnings ahead as low-yielding contracts expire, new

On the morning of September 6, 2016, Houston harbor pilots Michael McGee and Michael Phillips found themselves surrounded by towering walls of flames after the

By Elisha Bala-Gbogbo (Bloomberg) — Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake

The Koch-backed groups also said that Congress should repeal the Jones Act, which requires goods shipped between U.S. ports to be transported on vessels that

GENEVA, June 4 (Reuters) – Unidentified forces attacked a U.N. aid vessel off the main Yemeni port of Hodeidah at the weekend and started a fire in the

The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field over the weekend using the

By Blake Schmidt (Bloomberg) — In the vast, freezing Ross Sea, China’s “Snow Dragon” icebreaker needed to find a safe anchorage before it could

By Heejin Kim and Kyunghee Park (Bloomberg) — Park Hong-sik, a fund manager who correctly predicted the rally of South Korean technology stocks in 2017,

By Raju Gopalakrishnan SINGAPORE, June 3 (Reuters) – Almost lost in the din of the upcoming U.S-North Korea summit and fresh tension between Washington

By Alison Bevege SYDNEY, June 2 (Reuters) – A cargo ship lost 83 containers over-board during heavy seas off Australia and items including

Ocean Network Express’s first pink magenta containership has begun its maiden voyage starting from Asia to North America. One Ocean Network Express, or

Watch out, sailors! A Yang Ming containership has lost more than 80 containers overboard while battling heavy swells off the east coast of Australia. The

Admiral Paul F. Zukunft was relieved as commandant of the U.S. Coast Guard by Admiral Karl Schultz during a military change-of-command ceremony held Friday at