News

The Trump Administration has approved a temporary waiver of the Jones Act in Puerto Rico amid public outcry to suspend the shipping regulation to help aid the

Breaking: DHS Approves Temporary Jones Act Waiver for Puerto Rico The American maritime industry is firing back against harsh criticism of the Jones Act in the

By Mike Wackett (The Loadstar) – Recent forecasts from ocean carriers that a supply-demand equilibrium will be reached next year are “optimistic”,

Check out this video showing how a Maersk Supply Service cable layer carried out the company’s first ‘engineered grounding’ to run a cable and bring

By Giselda Vagnoni LYON, France, Sept 27 (Reuters) – Italian shipbuilder Fincantieri will take effective control of STX France under a shared ownership

One of two U.S. government-owned hospital ships has been ordered to prepare to get underway to provide support for hurricane relief efforts in Puerto Rico. The

By Mikael Holter (Bloomberg) — The offshore drilling market will take a long time to rebalance as more consolidation and rig retirements are

WASHINGTON, Sept 27 (Reuters) – The U.S. Department of Homeland Security said on Wednesday it is considering a request by members of Congress to waive

Update: The DHS said Wednesday it never officially denied the waiver request and it was still considering the issue. In fact, the only request it has received

The Panama Canal has marked the 2,000 transits of the expanded Neopanamax locks as more and more bigger ships are replacing older Panamax vessels on the route.

The key to getting relief supplies to citizens of Puerto Rico in the aftermath of Hurricane Maria will be by expediting local transportation and distribution

South Korea shipbuilder Hyundai Heavy Industries has announced it has signed a $800 million contract to build ten of the world’s biggest iron ore

By Tim Kelly and Idrees Ali TOKYO/WASHINGTON, Sept 26 (Reuters) – U.S. Pacific Fleet commander Admiral Scott Swift said he plans to retire after being

By Devika Krishna Kumar and Libby George NEW YORK, Sept 26 (Reuters) – Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S.

By Manuel Baigorri, Dinesh Nair and Matthew Monks (Bloomberg) — Oilfield-services company Rowan Cos. is in talks to acquire the drilling

Swedish authorities have arrested the captain and superintendent of an 80-meter bulk carrier which ran aground Saturday morning off Oskarshamn, Sweden. The

SAL Heavy Lift has announced its plan to reflag six of its heavy lift vessels to the German flag. Hamburg-headquartered SAL says the reflagging of the vessels

South Korea’s Ministry of Oceans and Fisheries has announced a pilot program to build the world’s largest LNG-powered ship. The Ministry said

Carnival Corporation has signed an agreement to build a new cruise ship for its iconic Cunard brand with Italian shipbuilder Fincantieri. The world’s

Dry bulk shipping company Golden Ocean has entered into agreements to sell six Ultramax bulk carriers that were delivered in just the past two years so that it