News

By Javier Blas and Dan Murtaugh (Bloomberg) — The flood of crude leaving the U.S. could be about to get a major boost: the nation’s top imports

TUI Cruises, part of Europe’s largest tourism group TUI Group, announced plans on Monday to order a newbuild cruise ship to be built at the Finnish Meyer

By Mike Wackett (The Loadstar) – A new report estimates that over the past 21 years the container industry has “destroyed” about $110bn of

By Tony Capaccio (Bloomberg) — President Donald Trump’s $686 billion defense request for the coming fiscal year would propel the Navy toward a new goal

The disabled MOL Prestige is now safely moored at the Port of Seattle more a week after an engine room fire knocked out power to the vessel and severely

By Christian Wienberg and Alaric Nightingale (Bloomberg) — The world’s biggest container shipping line is trying to stop customers like

By Tom Miles GENEVA, Feb 12 (Reuters) – Global trade in goods will continue growing above trend during the second quarter, the World Trade

By Michele Kambas NICOSIA, Feb 11 (Reuters) – Cyprus on Sunday accused the Turkish military of obstructing a ship contracted by Italian oil company

By Mathew Carr and Anna Shiryaevskaya (Bloomberg) — Asia’s rapacious thirst for liquefied natural gas is sucking supplies from surprising places. China

By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest shipping company says curbs on immigration backed by

The Port of Los Angeles last year broke its own record for the most cargo moved annually by a Western Hemisphere port. The Port of Los Angeles reported Friday

BUENOS AIRES, Feb 9 (Reuters) – Some 93 cargo ships were waiting to load soy and corn from Argentina’s main exporting hub of Rosario on Friday,

The International Maritime Organization, the United Nations agency responsible for regulating global shipping, has agreed to move forward with a proposed ban

The Canadian Coast Guard patrol cutter CCGS Cygnus arrived safely into St. John’s today following reports that it was taking on water a few hundred

By Henning Gloystein SINGAPORE, Feb 9 (Reuters) – Bit by bit, the U.S. petroleum industry is turning world oil markets inside out. First, sharp drops in

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – A.P. Moller-Maersk’s move to focus on transport and jettison oil was tested on Friday as

By Sharon Bernstein SACRAMENTO, Calif., Feb 8 (Reuters) – Environmental activists in California on Thursday protested a Trump Administration proposal to

The above satellite image was captured on by a NASA satellite on January 16, 2018 and shows criss-crossing cloud bands caused by ships in the

South Korean shipbuilder Samsung Heavy Industries says it has been awarded an order to build eight New-Panamax containerships for an undisclosed Asian owner.

SINGAPORE, Feb 8 (Reuters) – Two employees of Brightoil Petroleum (Singapore) Pte Ltd were charged in court in the city-state this week for their alleged