News

International classification society ABS has been awarded accreditation by Greece’s National Accreditation Body to perform assessments for European Union

Update (Thursday, Feb 23): Tugs have taken the stricken barge carrier Tide Carrier under tow and the ship is no longer in danger of grounding. The

By Jessica Shankleman (Bloomberg) — Royal Dutch Shell Plc may contract to build offshore wind farms in the U.K. and across Europe, after winning a bid to

MADRID, Feb 21 (Reuters) – Spanish dock workers have called nine days of strikes to protest government plans to allow ports to hire non-unionised labour,

APM Terminals on Wednesday revealed plans to bring so-called ‘megaships’ to the Port of New York and New Jersey with a massive increase to its

Damen Shiprepair & Conversion (DSC) has announced a reorganisation at three Dutch yards within its group that will result in 150 layoffs. The layoffs will

SINGAPORE, Feb 22 (Reuters) – Singapore’s Sembcorp Marine Ltd (SembMarine) swung to profit in the fourth quarter of 2016 after provisions pulled

Cruise giant Carnival Corporation has announced that its cruise joint venture in China has signed a new memorandum of agreement (MOA) to order the first-ever

By Mike Wackett (The Loadstar) – A sharp increase in steel prices has prompted a new wave of vessel scrapping, bringing the supply-demand ratio in

Teekay’s MEGI LNG carrier Creole Spirit is celebrating one year in operation. The Creole Spirit was delivered to its owner Cheniere Energy in February

George Economou’s DryShips on Tuesday announced plans re-enter the tanker market with the acuisition of a VLCC and Aframax from two unrelated third

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

By Alessandra Migliaccio and Tommaso Ebhardt (Bloomberg) — Italian shipbuilder Fincantieri SpA is expected to sign a binding contract to build cruise

HAVANA, Feb 20 (Reuters) – The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a

BRUSSELS, Feb 21 (Reuters) – EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line’s bid for

Australia’s EVOL LNG is claiming the first LNG bunkering operation in Australia with the successful Truck-to-Ship refueling of the platform supply Siem

By Antonella Cinelli and Steve Scherer ROME (Reuters) – The chief prosecutor of a Sicilian court said on Friday that a task force is looking into whether

Video shot aboard the Judy platform in the North Sea shows giant 50-foot waves hitting the platform and adjacent accommodation rig CSCL Rival back in January.

By Laura Blewitt (Bloomberg) — The biggest gasoline market in the U.S. is bursting at the seams. Traders are lining up to export gasoline and diesel from

By Nerijus Adomaitis OSLO, Feb 20 (Reuters) – Cost cuts by Norway’s oil and gas industry appear to have contributed to a rise in accidents in