News

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

By Harriet McLeod CHARLESTON, S.C., June 15 (Reuters) – The FBI on Thursday said it was investigating a false threat that a “dirty bomb” was

A U.S. Navy sailor who went missing from the USS Shiloh over one week ago and was presumed dead has been found alive aboard the ship, the U.S. Navy

By Tony Capaccio (Bloomberg) — The newest and costliest U.S. aircraft carrier, praised by President Donald Trump and delivered to the Navy on May 31 with

APM Terminals facility in Port Elizabeth, New Jersey has welcomed the 8,700 TEU capacity CMA CGM Bianca, marking the first call of the weekly Ocean Alliance US

The world’s largest and most advanced diamond exploration ship and sampling vessel is ready to kick off operations searching for diamonds offshore

By John Davison HAMAD PORT, Qatar, June 15 (Reuters) – Qatar’s main seaport shows all the signs of having weathered the storm. Workers in hard

DUBAI, June 15 (Reuters) – One crew member was wounded when Yemen’s Houthis fired a missile at a United Arab Emirates ship in the Red Sea, the

June 15 (Reuters) – A terminal at the Port of Charleston in South Carolina will reopen and the safety zone has been lifted, the U.S. Coast Guard said on

Update 1: The Unified Command has determined that there is no existing threat to the Port of Charleston after scanning four containers where the

By H. Allen Black – The Department of Justice (DOJ) has issued a new policy that may curtail the long-standing practice of requiring vessel owners and