News

COPENHAGEN, June 27 (Reuters) – Shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally, said a cyber attack had

By Sheela Tobben and Laura Blewitt (Bloomberg) — Late last month, an oil tanker that measures three football fields long and six stories high moved

ROSYTH, Scotland, June 26 (Reuters) – Britain’s most advanced and biggest warship, 65,000-tonne aircraft carrier HMS Queen Elizabeth, set out on

The Panama Canal is marking the one-year anniversary of the inauguration of the new Expanded Canal, describing the milestone as one of the most significant

By Ole Petter Skonnord OSLO, June 26 (Reuters) – Oslo-listed oil tanker firm Frontline has abandoned its pursuit of New York-listed rival DHT Holdings

(Moore Stephens) – Shipping confidence reached its equal highest rating in the past three years in the three months to end-May 2017, according to the

(Drewry) – Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the

By Tim Kelly TOKYO, June 26 (Reuters) – A U.S. warship struck by a container vessel in Japanese waters failed to respond to warning signals or take

GUATAPE, Colombia June 26 (Reuters) – Rescue workers searched on Monday for as many as 16 people believed to be missing after a tourist boat sank the

The U.S. Navy has chosen Rear Adm. (lower half) Brian Fort, a former DDG commander, to lead the investigation into the collision between the USS Fitzgerald

By Keith Wallis SINGAPORE, June 23 (Reuters) – Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for

By Alexander Whiteman (The Loadstar) – Environmental lobbyists have derided “ambitious” CO2 reduction plans announced by four international shipping

By Eveline Danubrata and Cindy Silviana JAKARTA, June 23 (Reuters) – With its towering new cranes and wharves that can handle some of the world’s

By Laura Blewitt (Bloomberg) — The hottest trade in the U.S. gasoline market is starting to cool. As America’s U.S. Gulf Coast refining complex seeks

By Gavin van Marle (The Loadstar) – The South African Competition Commission has rejected the merger of the container divisions of NYK, MOL and K

President Donald Trump has announced his intention to nominate Mark H. Buzby of Virginia to the position of Maritime Administrator at the Department of

Four prominent international trade associations have banded together in issuing a joint proposal to the UN International Maritime Organization (IMO) concerning

By Nikki Ekstein (Bloomberg) — Want to cash in your SPG and Marriott points for a yacht cruise? That may soon be possible, as Ritz-Carlton, Marriott

LONDON, June 22 (Fitch) Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental

By Fred Pickhardt (Ocean Weather Services) – Given the unusual occurrence of 3 named tropical cyclones prior to the end of June, one might ask what