News

By Christopher Langner (Bloomberg Gadfly) — Read the shipping and offshore oil industry news in Singapore and you’d be forgiven for imagining the

By James Pearson and Ju-min Park SEOUL, March 7 (Reuters) – The United States started to deploy the first elements of its advanced anti-missile defense

By Erik Matzen COPENHAGEN, March 7 (Reuters) – Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and

A subsidiary of Fortescue Metals Group has placed an order with Dutch shipbuilder Damen for the construction of six 32-meter Rotor Tugs to be deployed at the

The largest single cargo of iron ore ever shipped from Western Australia’s Port Hedland set sail last week aboard the 300,000 dwt Very Large Ore Carrier

Pirates have released all eight crewmembers kidnapped from the general cargo ship BBC Caribbean off the coast of Nigeria last month, the Russian embassy has

Today, March 6, 2017, marks 30 years since the capsizing of car and passenger ferry Herald of Free Enterprise with loss of 193 people off the Belgian coast,

By Idrees Ali WASHINGTON, March 6 (Reuters) – Multiple fast-attack vessels from the Iranian Revolutionary Guard Corps came close to a U.S. Navy ship in

JOHANNESBURG, March 6 (Reuters) – South Africa’s competition watchdog ruled on Monday that Kawasaki Kisen Kaisha Ltd’s (K-Line), one of

Technology giant IBM (NYSE: IBM) and Maersk, owner of the leading transport and logistics company Maersk Line, have announced a potentially

By Jonathan Saul and Katie Paul LONDON/RIYADH, March 6 (Reuters) – Cruise missiles, floating mines and a remote-controlled boat have been deployed to

By Tony Capaccio (Bloomberg) — The Pentagon office that reviews information to determine whether it’s classified has blocked publication of

US-based salvage company RESOLVE Marine Group has completed the salvage of the INS Betwa, the Indian Navy frigate that capsized inside a dock at a naval

By Karl Plume CHICAGO, March 3 (Reuters) – A backlog of grain ships waiting to load at U.S. Pacific Northwest (PNW) ports is threatening to persist into

A U.S. Coast Guard aircrew from Sitka, Alaska rescued five crew members from a tugboat Thursday after running aground in the Sumner Strait in southeast

BEIJING, March 3 (Reuters) – A new Chinese cruise ship has embarked on its maiden voyage to the disputed Paracel Islands in the South China Sea, state

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an

By Mike Wackett (The Loadstar) – After a short block on bookings this week, Maersk Line is again accepting cargo from North Europe to Asia. However the

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes could remain rangebound next week

By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —