News

By Bloomberg News (Bloomberg) — State-owned conglomerate China Merchants Group is exploring acquisitions of offshore rig operators, which have

The Military Sealift Command’s dry cargo and ammunition ship USNS William McLean (T-AKE 12) will join two U.S. Navy warships in the ongoing relief

By Erwin Seba HOUSTON, Aug 31 (Reuters) – Oil refiners and port facilities in Corpus Christi, Texas, are making strides resuming operations but

The Danish Maritime Accident Investigation Board has released its investigation report into the loss of two former Maersk Supply Ships during a side-by-side

By Agnia Grigas Aug 30 (Reuters) – Last week, American liquefied natural gas (LNG) made its way to the somewhat unlikely market of Lithuania. The former

By Eric Roston (Bloomberg) — How powerful would Hurricane Harvey have been in 1880? How much stronger might it be in 2100? A single Hurricane

By Gwladys Fouche STAVANGER, Norway, Aug 31 (Reuters) – The future of Norway’s oil sector is emerging as a key issue for voters in a Sept. 11

The U.S. Navy is sending two ships to the Gulf of Mexico to support federal, state and local authorities with the on-going relief efforts in the aftermath of

By Erwin Seba HOUSTON, Aug 30 (Reuters) – Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry on Wednesday, churning

The German government has launched a new program that will subsidize the conversion and newbuild construction of ocean-going vessels to liquified natural gas

By Mike Wackett (The Loadstar) – MSC is reportedly finalising an order for 11 22,000 teu ships, joining CMA CGM in reactivating the orderbook for

Senator John McCain’s latest attempt to repeal the Jones Act seems to be dead in the water and will likely not pass either the Senate or House, according

By Sherry Su, Alex Longley and Bill Lehane (Bloomberg) — Oil traders are rushing to book tankers to haul European gasoline across the Atlantic

By Josephine Mason and Meng Meng BEIJING, Aug 30 (Reuters) – China’s war on smog is shaking up the country’s busiest ports, which handle

SHANGHAI, Aug 30 (Reuters) – China’s COSCO Shipping Holdings Co Ltd reported a first-half profit on Wednesday and forecast that improved demand in

By Catherine Ngai and Marianna Parraga NEW YORK/HOUSTON, Aug 29 (Reuters) – Oil traders were scrambling on Tuesday to move crude and fuel supplies

By Leigh Thomas PARIS, Aug 29 (Reuters) – Russia still aims to go ahead this year with the sale of a stake in shipping company Sovcomflot, its economy

  Update: Port of Corpus Christi update to port condition Modified Zulu for the Corpus Christi Inner Harbor. More below… The U.S. Coast Guard along

TOKYO, Aug 29 (Reuters) – Japan will not lower its guard over its whaling even though its biggest foe – the Sea Shepherd conservation group –

By Erwin Seba HOUSTON, Aug 29 (Reuters) – Record rains and flooding from Tropical Storm Harvey triggered more oil refining outages in Texas on Tuesday,