News

By Mike Wackett (The Loadstar) – MSC is preparing contingency plans for customers’ cargo, should the three containerships it has on charter from

Large shipping losses have declined by 50% over the past decade, largely driven by development of a more robust safety environment by ship-owners, according to

DUBAI, June 13 (Reuters) – Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities on Tuesday, Qatar Petroleum

French shipping company CMA CGM says it has reached a binding agreement with Danish rival Maersk to acquire Mercosul Line, one of the leading carriers in

By Laura Hurst and Javier Blas (Bloomberg) — If a single ship can capture the current state of the global oil, it’s the supertanker Saiq, floating idly

New vessel-sharing alliances and increased use of terminals pushed the number of containers flowing through the Port of Long Beach in May to a record high for

Seattle-based Foss Maritime has christened the last of three Arctic Class tugs, the Nicole Foss, at the Foss Waterway Seaport in Tacoma, Washington. Built at

By Jessica Jaganathan and Florence Tan SINGAPORE, June 12 (Reuters) – The costs to ship fuel and crude oil from Qatar are expected to rise after the

By Jessica Shankleman (Bloomberg) — It’s not just in Google laboratories that the revolution in electric, driverless transportation is gathering pace:

By Mike Wackett (The Loadstar) – Ocean carriers have this year shown themselves to be “well-skilled” in the art of capacity management, according to

The tow-out of the platform destined for the Hebron Field located off the coast of Newfoundland and Labrador has commenced, partners in the project have

ATHENS, June 12 (Reuters) – Piraeus Port, operator of Greece’s biggest port and majority-owned by China’s COSCO Shipping, has agreed to team

By John Davison and Jonathan Saul DOHA/LONDON, June 12 (Reuters) – Qatar and container lines have launched new shipping services via Oman in an effort to

The U.S. Navy commissioned its newest littoral combat ship, USS Gabrielle Giffords (LCS 10), before a crowd of 2,500 at Pier 21 at the Port of Galveston on

Update 2 (June 10) – Below is an update provided by the Royal Western Yacht Club, which is hosting the trans-Atlantic race event. All sailors in

The largest containership to ever visit northern Europe arrived at the Port of Felixstowe earlier this week as part of its maiden voyage from China. The 20,568

By Keith Wallis SINGAPORE, June 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure

Jones Act shipbuilder Philly Shipyard, Inc. (PSI), a wholly-owned subsidiary of Oslo-listed Philly Shipyard ASA (PHLY), says it has initiated construction of

By Brian K. Sullivan (Bloomberg) — A boom in natural gas exports from the U.S. Gulf Coast is raising the prospect of traffic jams at one of America’s

SAO PAULO, June 9 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA on Friday reported an explosion on the NS 32 drill ship,