News

(Drewry) – Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery.

Norwegian fertilizer producer Yara and maritime technology firm Kongsberg Gruppe are teaming up to build what they say will be the world’s first

By Laura Blewitt (Bloomberg) — Even as the owners of ships carrying everything from bananas to oil spend billions of dollars to meet tighter clean-air

One of the world’s largest offshore wind farms officially opened this week in the North Sea off the coast of the Netherlands. The 600 MW Gemini Offshore

A South Korean fishing vessel collided with the USS Lake Champlain (CG 57) while the guided-missile cruiser was conducting routine operations in international

By Jonathan Saul LONDON, May 9 (Reuters) – Yemen’s worsening conflict is contributing to a spike in piracy in the region, with Somali pirates

An investigation has been launched after a CMA CGM containership struck a ship-to-shore crane while berthing at Jebel Ali in the United Arab

HOUSTON, May 8 (Reuters) – The Alaskan Frontier, a Suezmax tanker typically used to transport Alaskan North Slope crude to West Coast refineries, is

By Kieran Guilbert and Umberto Bacchi JOAL-FADIOUTH, Senegal/ROME, May 8 (Thomson Reuters Foundation) – Jostling for space and swatting the smoke

May 8 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday to snap

By Rosalind Mathieson (Bloomberg) — The U.S. Navy will still challenge claims by nations like China to exclusive access in the South China Sea,

OSLO, May 7 (Reuters) – Tanker firm DHT Holdings rejected on Sunday a fifth takeover proposal from shipping tycoon John Fredriksen’s Frontline,

By Abdiqani Hassan BOSASSO, Somalia, May 5 (Reuters) – A Chinese navy ship handed over three suspected pirates to Somali authorities on Friday, police

By Rebecca Keenan (Bloomberg) – Woodside Petroleum Ltd., operator of Australia’s oldest liquefied natural gas plant, is seeking inspiration from

Pirates and armed robbers on the high seas attacked 43 ships and captured 58 crew in the first quarter of 2017, a slight increase from the same

The U.S. Coast Guard says it is investigating multiple laser strikes on commercial vessels in the Chesapeake Bay, Maryland during the last month. The most

By Mike Wackett (The Loadstar) – Maersk Line is wasting no time in putting its blue stamp on the executive board of soon-to-be acquired Hamburg Süd, but

By Mike Wackett (The Loadstar) – The US Federal Maritime Commission (FMC) has rejected the merger of the container businesses of K Line, MOL and NYK on

Global satellite provider Inmarsat has announces its new Fleet Xpress service has commitments to connect more than 10,000 ships at sea with high-speed

By Tony Capaccio (Bloomberg) — The U.S. Navy will delay by at least a year plans to award a multibillion-dollar construction contract for a frigate meant