News

Harvey Gulf’s two new large capacity Multi-Purpose Support Vessels (MPSVs) were named ‘Boat of Year’ at an award ceremony at the

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co. plunged the most on record in Seoul trading after forecasting surprise losses and announcing

By Jack Kaskey and Ann Koh (Bloomberg) — China is upending the global plastics market. The world’s biggest user of scrap has stopped accepting

By Jonathan Saul and Selam Gebrekidan LONDON, Dec 6 (Reuters) – No fuel shipments have reached Yemen’s largest port for a month, a Reuters

By Jill Friedman – Even with all the gloom and doom from the offshore sector, the Workboat Show did not disappoint. I was hoping they would continue to

A rather extraordinary sight to behold in Tokyo Bay today as the U.S. Navy’s two damaged destroyers, the USS John S. McCain and USS Fitzgerald, met for

The U.S. Navy has unveiled a new logo and tagline as part of a new, multifaceted branding campaign aimed at attracting a new generation of recruits to the

By Mike Wackett (The Loadstar) – A new draft standard general agency agreement, covering a comprehensive list of functions contracted between

By Agnieszka de Sousa (Bloomberg) — It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global

British ship insurer the London P&I Club has issued a warning of the increased risk of accidents involving ships at anchor in the Bangladeshi port of

The National Labor Relations Board (NLRB), the federal agency tasked with prosecuting unfair labor practices, has issued a complaint against The Pasha Group

Spain’s Ministry of the Interior said the bust was the largest seizure of cocaine so far this century and the largest-ever involving a container ship.

by Karl Plume (Reuters) ABOARD THE OLIVER C. SHEARER, Ohio River – America’s worst traffic jam this fall occurred on the Ohio River, where a line

The Panama Canal will increase the number of daily booking slots available for Neopanamax vessels from six to seven as Canal operations become more efficient,

By Mike Wackett (The Loadstar) – Maersk is to reflag its recently acquired Hamburg Süd containerships away from the German registry, despite its

CMA CGM has reached an agreement with French energy company Total on the supply of LNG fuel for the shipping company’s nine record-setting newbuildings

The CMA CGM has completed the sale of a 90% equity interest in Global Gateway South terminal (GSS) at the port of Los Angeles, California. The sale was

SEOUL, Dec 3 (Reuters) – A South Korean fishing boat capsized off the country’s western coast on Sunday after it collided with a refueling vessel,

By Nidhi Verma (Reuters) – Two of India’s state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving

By Brian Eckhouse and Joe Ryan (Bloomberg) — Cape Wind, the offshore wind project off the coast of Massachusetts that drew the ire of the Kennedy and