News

The Customs and Border Protection Agency’s (CBP) proposed modification and revocation of ruling letters related to its application of the Jones Act

By Ron Bousso and Libby George LONDON, April 6 (Reuters) – Traders are shipping more gasoline from Europe to the U.S. East Coast ahead of the summer

The decommissioned aircraft carrier, USS Independence has passed Costa Rica on the first leg of its trip from Bremerton and onward to Brownsville, Texas. The

A Unified Command has been set up in response to the Uninspected Towing Vessel Mike A. Nadicksbernd taking on water at Lock and Dam 52 on the Ohio

Today is 406MHz beacon day! 406MHz beacons are used on vessels (EPIRBs), by outdoor enthusiasts (PLBs) and on aircraft (ELTs). 406 day serves as a reminder for

DUESSELDORF, Germany, April 6 (Reuters) – Demand for ocean and air freight has been better than expected this year, with increasing volumes and rates

By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of

An Alaskan company whose main focus is on the exploration and production of natural gas and oil in the Cook Inlet, AK has agreed pay a record $10 million

Another mishap involving a large containership to report today… This story coming from Sri Lanka where a fire broke out aboard the MSC Daniela, a

A large Maersk containership was involved in a collision with a much smaller freighter in the Western Scheldt in in southwestern Netherlands on Tuesday,

By Firat Kayakiran (Bloomberg) — Little more than 2 1/2 years from now, the global fleet of merchant ships will have to reduce drastically how much

April 5 (Reuters) – The upcoming Atlantic Ocean hurricane season could include at least three severe tempests, but will likely involve fewer storms than

April 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, registered its biggest

Some incredible video showing a ship battling high winds as it approaches Durban, South Africa. The video was published recently to Youtube with no information

By Anna Hirtenstein (Bloomberg) — A British developer is bidding to build power turbines under the sea in Scotland in a contest for government

By Lucia Mutikani WASHINGTON, April 4 (Reuters) – The U.S. trade deficit fell more than expected in February as exports increased to a two-year high and

By Abdiqani Hassan BOSASSO, April 4 (Reuters) – Pirates who hijacked an Indian cargo dhow with 11 crew on board have moved the vessel to an undisclosed

By Gregory Viscusi (Bloomberg) — The heart of Saint-Nazaire’s economy can be seen from almost anywhere in town: The MSC Meraviglia cruise ship towers

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, fell 38 percent after warning its

By Michael Schuman (Bloomberg View) — Any horror aficionado knows that the only good zombie is a dead zombie. Don’t risk trying to bring one back to