News

By Natalie Obiko Pearson (Bloomberg) — Malaysia’s Petroliam Nasional Bhd abandoned its long-stalled plans to build a $27 billion liquefied natural gas

DUBAI, July 25 (Reuters) – A merchant ship collided with a United Arab Emirates navy boat as it was taking part in a routine mission off UAE territorial

By Hailey Waller and Sheela Tobben (Bloomberg) — The biggest U.S. oil-import hub wants to grab a piece of surging North American crude exports. Louisiana

BEIJING, July 25 (Reuters) – China’s Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where Spanish oil

By Idrees Ali WASHINGTON, July 25 (Reuters) – A U.S. Navy ship fired warning shots when an Iranian vessel in the Gulf came within 150 yards (137 meters)

By Brenda Goh SHANGHAI, July 25 (Reuters) – European shipbuilders’ dominance in the $117 billion passengership industry may come under threat as

(Reuters) – A Chinese spy ship has been detected off the Australian coast near joint war games underway between the United States, New Zealand and

America’s oldest commissioned warship, USS Constitution, was finally refloated on Sunday following a two-year, multi-million dollar restoration at the

By Mike Wackett (The Loadstar) – Container exports from North Europe to North America increased 5.7%, year-on-year, in the first five months of the year,

By Justin Sink and Tony Capaccio (Bloomberg) — President Donald Trump urged Congress to pass a budget that provides for higher, stable and predictable

By Jonathan Saul LONDON, July 24 (Reuters) – Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long

Check out this story from CNN on the U.S. Navy’s first active laser weapon. The cutting-edge prototype Laser Weapon System (LaWS), developed by the

(Bloomberg) (Bloomberg) China’s diesel and gasoline exports surged in the first half of the year as a domestic supply glut and slowing demand growth prompted

WASHINGTON, July 21 (Reuters) – The crew of the USS Fitzgerald was likely at fault in the warship’s collision with a Philippine cargo ship in June

Jones Act shipbuilder Philly Shipyard announced Friday that it has entered into a Letter of Intent (LOI) with a leading, blue chip Jones Act operating company

July 21 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday for the

The U.S. Navy is getting ready to commission its newest and most advanced aircraft carrier, the future USS Gerald R. Ford (CVN 78), during a ceremony this

LONDON, July 21 (Reuters) – The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was

By Gwladys Fouche OSLO, July 21 (Reuters) – Environmental activists protested on Friday near an offshore rig contracted by Statoil in the remote

MONTREAL, July 20 (Reuters) – Canadian authorities are treating the discovery on Thursday of four men hiding in a shipping container at the Port of