News

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy, which has already shut energy production in the Gulf of Mexico, disrupted shipping and forced

By David Fickling (Bloomberg Gadfly) — While wedding bells have been ringing out across the global shipping industry, Taiwan’s biggest container

The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore

Two international shipping companies have pleaded guilty in U.S. federal court in Beaumont, Texas to violating the Act to Prevent Pollution from Ships (APPS)

By Alister Doyle OSLO, June 21 (Reuters) – One of the biggest icebergs on record is like a “niggling tooth” about to snap off Antarctica and

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy has halted service at a major oil terminal in the Gulf of Mexico, prompted some evacuations at

Rolls-Royce and global towage operator Svitzer have demonstrated what is believed to be the world’s first remotely operated commercial vessel, Svitzer

LONDON, June 20 (Fitch) Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable

  By Tim Kelly and Kiyoshi Takenaka TOKYO, June 20 (Reuters) – The United States Coast Guard will on Tuesday start interviewing the crew of a

COPENHAGEN, June 20 (Reuters) – Port operator APM Terminals, part of A.P. Moller-Maersk, said it will cut 160 staff at its Gothenburg terminal in Sweden,

By Mike Wackett (The Loadstar) – There is a “high likelihood” of a new wave of M&A activity involving medium-size ocean carriers, as the gap

By Brian K. Sullivan (Bloomberg) — The Atlantic hurricane season is less than three weeks old yet it’s already threatening the energy-rich Gulf of

The global shipping industry is urging the International Maritime Organization (IMO) to back a proposal to push back the implementation dates for installing

By Tony Capaccio (Bloomberg) — The U.S. Navy has found $500 million to buy a second Littoral Combat Ship in next year’s budget after scrounging that

By Tim Kelly and Kaori Kaneko TOKYO, June 19 (Reuters) – Nearly an hour elapsed before a Philippine-flagged container ship reported a collision with a

OSLO, June 19 (Reuters) – The High Court of the Marshall Islands has dismissed with prejudice a lawsuit brought by tanker firm Frontline to stop rival

By Ernest Scheyder (Reuters) Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of

by Ole Petter Skonnord (Reuters) Tanker firm Frontline, controlled by billionaire investor John Fredriksen, expects a growing number of supertankers to be used

By Gibraltar Shipping Commodore Jim Scorer is Secretary-General of the International Federation of Shipmasters’ Associations (IFSMA). Established in 1974 to

By Keith Wallis and Henning Gloystein SINGAPORE, June 16 (Reuters) – Traders are increasingly storing oil in ageing supertankers in Southeast Asia