News

By Erik Wasson and Kevin Whitelaw (Bloomberg) — House lawmakers unveiled a bill Tuesday night that would provide $36.5 billion in emergency funding for

By Selam Gebrekidan and Jonathan Saul DJIBOUTI, Oct 11 (Reuters) – Late last year, the Kota Nazar, a Singaporean ship with 636 containers of steel,

TOKYO Oct 11 (Reuters) – The collision of the USS John S.McCain guided missile destroyer with a merchant ship near Singapore in August that killed 10

By the end of this week Jacksonville-based shipping company Crowley Maritime Corporation will have offloaded more than 6,500 loads of FEMA and commercial cargo

By Javier Blas, Laura Hurst and Julian Lee (Bloomberg) — As crude oil gushes out of the U.S. like never before, it looks increasingly like

By Michelle Nichols UNITED NATIONS, Oct 10 (Reuters) – The United Nations Security Council has banned four ships from ports globally for carrying

Congressman Gary Palmer (R-AL) and Congresswoman Nydia Velázquez (D-NY) have introduced a bill that would place a 5-year moratorium of the Jones Act in Puerto

MOSCOW, Oct 10 (Reuters) – Russia is setting up a direct shipping line to Syria and wants its companies to help build an economic recovery in the

A large MSC containership to broke free from its moorings Tuesday at the port of Durban, South Africa as a powerful storm swept through the area, blowing the

By Angelina Rascouet (Bloomberg) — Crude oil in floating storage is declining, showing that the market is rebalancing, OPEC Secretary-General Mohammad

Offshore drilling company Borr Drilling has agreed to purchase nine jack-up drilling rigs from a subsidiary of Sembcorp Marine as the freshly-minted offshore

Norway’s Petroleum Safety Authority has ordered Eni Norge to immediately shut down production from its Goliat floating, production, storage and

The guided-missile destroyer USS John S. McCain (DDG 56) has been loaded onto the heavy lift transport MV Treasure for its transport to Fleet Activities

By Adam Popescu (Bloomberg) — An island with a 3,893-foot granite mountain juts out of the icy ocean in Greenland’s Karrat Fjord. Beside icebergs the

By Serene Cheong (Bloomberg) — One of the biggest stores of oil at sea is showing signs of emptying out. The volume of supplies held on tankers in the

By Daniel Flatley (Bloomberg) — On the darkened bridge of the Chesapeake Trader, with radio chatter filling the air, three officers were easing

TUNIS/ROME, Oct 9 (Reuters) – At least eight people drowned on Monday when a boat carrying dozens of mostly Tunisian migrants collided with a navy vessel

By Marianna Parraga and Rod Nickel HOUSTON/MOBILE, Ala., Oct 8 (Reuters) – Some oil ports, producers and refiners in Louisiana, Mississippi and

The Navy has ordered the USS Iwo Jima and USS New York to get underway from their homeport in Mayport Oct. 7 to be in position to support the

By Dina Bass (Bloomberg) — Microsoft Corp. co-founder Paul Allen, concerned about illegal fishing depleting global fish populations, will spend $40