News

South Korea’s Ministry of Oceans and Fisheries has announced a pilot program to build the world’s largest LNG-powered ship. The Ministry said

Carnival Corporation has signed an agreement to build a new cruise ship for its iconic Cunard brand with Italian shipbuilder Fincantieri. The world’s

Dry bulk shipping company Golden Ocean has entered into agreements to sell six Ultramax bulk carriers that were delivered in just the past two years so that it

By John Follain and Helene Fouquet (Bloomberg) — French President Emmanuel Macron and Italian Prime Minister Paolo Gentiloni are close to an accord that

By Clarissa Batino and Ditas Lopez (Bloomberg) — Philippine Foreign Affairs Secretary Alan Cayetano promised a full investigation into the deaths of two

The U.S. Navy has announced that the guided-missile destroyer USS Fitzgerald (DDG 62) will be changing homeport from Yokosuka, Japan to Pascagoula, Mississippi

By Ryan Collins (Bloomberg) The developer of a liquefied natural gas export terminal in Oregon that has already twice been denied permits by U.S. regulators is

The U.S. Department of Homeland Security will not further extend the limited Jones Act waiver applying to tankers transporting fuel in hurricane-hit areas of

By Ron Bousso LONDON, Sept 22 (Reuters) – Europe is set to export a record volume of diesel in September as Latin American buyers struggle to

HOUSTON, Sept 22 (Reuters) – Buckeye Partners LP’s Yabucoa oil terminal in Puerto Rico remained closed on Friday, the company said, days after

The International Maritime Organization has issued a new warning that a newly-discovered phenomenon – different from cargo liquefaction –

Transocean has announced its plan to scrap six deepwater and ultra-deepwater floating drilling rigs, aka “floaters”, as the offshore drilling

A helicopter crew with the British Royal Navy has rescued a woman and two children from their overturned vessel which had grounded near Vieques, Puerto Rico

Sept 22 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in

The U.S. Navy has already taken action to prevent future mishaps involving its ships at sea, including turning on the Automatic Identification Systems of its

By Barbara Goldberg NEW YORK, Sept 21 (Reuters) – Noise in New York has always grated on people and now, with the cacophony engulfing surrounding

By Margaret Talev (Bloomberg) — President Donald Trump Thursday ordered new sanctions on individuals, companies and banks doing business with

On the heels of CMA CGM’s order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own

Offshore drilling rig provider Transocean has announced that Chevron has given notice that it will terminate the contract for the ultra-deepwater drillship

By Costas Pitas LONDON, Sept 21 (Reuters) – Greenpeace activists boarded a ship arriving in Britain on Thursday to stop the delivery of more than