News

The world’s first containership to be converted to run on low-emission LNG fuel was re-launched on Thursday in Bremerhaven, Germany. The

By Mike Wackett (The Loadstar) – At least two Asia and Europe loops will need to be closed in the fourth quarter of the year, or sailings blanked, to

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Hurricane Harvey, which is forecast to make landfall

By Nerijus Adomaitis and Joachim Dagenborg OSLO, Aug 24 (Reuters) – Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt

By Aradhana Aravindan SINGAPORE, Aug 24 (Reuters) – The U.S. Navy on Thursday suspended wider search and rescue operations for sailors missing after the

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Japan’s largest container line plans to test a remote-controlled vessel across the Pacific Ocean in

By Julie Astrid Thomsen and Teis Jensen COPENHAGEN, Aug 23 (Reuters) – Police on Wednesday identified a headless female torso washed ashore in Copenhagen

COPENHAGEN, Aug 23 (Reuters) – Maersk Tankers said on Wednesday it has entered into an equity agreement with U.S. hedge fund CargoMetrics, giving it

By Brian K. Sullivan and Laura Blewitt (Bloomberg) — Harvey, which could strengthen into the first hurricane to strike Texas since 2008 this week, has

U.S. defense contractor Huntington Ingalls Industries (NYSE:HII) announced Wednesday that its Ingalls Shipbuilding division has been selected to repair the

JOHANNESBURG, Aug 23 (Reuters) – Grindrod, the South Africa-listed freight logistics and shipping services firm, is planning to separate and list its

The U.S. Navy has relieved the commander of the Seventh Fleet, Vice Admiral Joseph Aucoin, due to a loss of confidence in his ability to command. The removal

SHANGHAI, Aug 23 (Reuters) – French shipping group CMA CGM plans to build nine of the world’s largest container ships at two Chinese shipyards, the

Here is a look at the AIS track of the oil tanker Alnic MC showing Monday’s collision with the U.S. guided-missile destroyer USS John S. McCain. 

The 14,855 TEU capacity CMA CGM Theodore Roosevelt has set a new record as the largest capacity ship to ever transit the new Expanded Locks of the Panama

The guided-missile destroyer USS John S. McCain may have suffered a loss of steering prior to its collision with a merchant tanker near Singapore on Monday, a

BEIJING, Aug 22 (Reuters) – The U.S. navy’s latest collision at sea, the fourth in its Pacific fleet this year, shows it is becoming an increasing

By Jacob Gronholt-Pedersen COPENHAGEN, Aug 22 (Reuters) – A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to

A team of civilian researchers led by billionaire Paul G. Allen has announced they have found the wreck of the World War II cruiser USS Indianapolis (CA 35),

By Angelina Rascouet (Bloomberg) — When Total SA warned last month it was ready for acquisitions, U.S. shale assets weren’t at the top of its