News

By Aaron Clark and Dan Murtaugh (Bloomberg) — A lump of coal is scooped onto a truck bed in Australia, driven to a port, loaded on a ship,

By Grant Smith (Bloomberg) — Oil steadied above $57 a barrel in New York as the threat of supply disruptions from the North Sea to OPEC member Nigeria

A rescue tug with the HM Coastguard managed to get a drifting cargo ship under tow overnight off Scotland’s Isle of Lewis despite severe weather

The Port of Los Angeles moved 924,225 Twenty-Foot Equivalent Units (TEUs) in November, the most containerized monthly cargo the Port has processed during its

LONDON, Dec 15 (Reuters) – Britain and its NATO allies must defend deep sea cables against a potentially catastrophic attack by the Russia navy that

Hyundai Heavy Industries, one of the world’s leading shipbuilders, is getting ready to deliver the world’s largest LNG-fueled ship, a 50,000 dwt

The U.S. Department of Energy has announced $18.5 million in new funding for an offshore wind research and development (R&D) consortium that will conduct

After more than two months aboard the heavy lift vessel MV Treasure, the USS John S. McCain arrived a U.S. Navy base in Yokosuka where it will undergo

By Luzi Ann Javier (Bloomberg) — Blockchain is upending the world’s financial markets with the rise of bitcoin, and now the digital-ledger

Damen Shiprepair & Conversion has been awarded a contract for the conversion of a dredger to dual-fuel combining clean-burning liquefied natural gas (LNG)

By Kelly Gilblom and Nejra Cehic (Bloomberg) — Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc. In 2018,

By David Brunnstrom WASHINGTON, Dec 14 (Reuters) – While attention in Asia has been distracted by the North Korean nuclear crisis in the past year, China

By Jack Farchy and Elena Mazneva (Bloomberg) — Building the $27 billion Yamal liquefied natural gas project meant shipping more than 5 million

By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. will deliver its eight remaining Littoral Combat Ships an average of 11 months late, more

Authorities in the Philippines have recovered the remains of a Vietnamese ship captain who was kidnapped from a bulk carrier by the Abu Sayyaf militants over a

A new video has surfaced online showing an apparent pirate attack on a containership in the Gulf of Guinea. The video, obtained by the British security firm

By Jim Efstathiou Jr. (Bloomberg) — Some of last year’s crazy weather — including extreme heat around the world to unusually warm waters in the

By Nikki Ekstein (Bloomberg) — Almost three months after Hurricane Maria battered Puerto Rico as a nearly Category 5 storm, a third of the

A Memorandum of Understanding (MoU) signed in September between South Korean shipbuilder Samsung Heavy Industries and global communications company Inmarsat

Captain’s Decisions, Shipping Company’s Poor Safety Oversight Led to Sinking, the NTSB Says The deadliest shipping disaster involving a U.S.-flagged vessel