News

By Mark Gilbert (Bloomberg View) — About a year ago, I wrote a couple of columns examining the data available in the industries responsible for moving

SEOUL, Feb 17 (Reuters) – A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm’s

BAGHDAD, Feb 17 (Reuters) – Iraq plans to acquire a “large fleet” of oil tankers to transport the OPEC nation’s crude to global

By Mike Wackett (The Loadstar) – Beleaguered panamax containership owner Rickmers Maritime Trust (RMT) has pleaded with its creditors for help to

The salvage of the APL Austria has entered the mop-up phase after a major fire broke out in one of the vessel’s cargo holds as it was off Port

By Hugh Bronstein ROSARIO, Argentina, Feb 16 (Reuters) – When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos

Norwegian Cruise Line Holdings has placed an order for four new next-generation cruise ships at Italian shipbuilder Fincantieri for the NCL brand. The order

SHANGHAI, Feb 16 (Reuters) – Two container shipping lines, France’s CMA CGM and Israel’s Zim, have signed up with Alibaba to allow customers

Friday Update: The Coast Guard said 1,100 gallons of diesel were spilled from the tugboat. The tug and barge have been secured. Story here.  Thursday: A

CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba. The agreement is for

The new Gas4Sea partnership has taken delivery of the world’s first purpose-built LNG bunkering vessel from Hanjin Heavy Industries and Construction in

The U.S. Merchant Marine Academy announced that it will resume Sea Year training for Midshipmen on three commercial carriers beginning in March 2017. The USMMA

By Gibraltar Shipping Tim Britton is CEO of Spinnaker, specialised in the leasing, sale of new and used containers for shipping and storage purposes. Tim talks

LONDON, Feb 15 (Reuters) – The global shipping industry has urged the European Union to drop the sector’s inclusion in proposals adopted on

SINGAPORE, Feb 15 (Reuters) – Debt-laden Singaporean oilfield services firm Ezra Holdings Ltd said late on Tuesday that a creditor of a business owned by

The U.S. Customs and Border Protection has extended the public comment period for its notice of proposed modification and revocation of ruling letters related

By Joe Easton (Bloomberg) — A British drone operator has won a contract to inspect rigs operated by one of the world’s largest oil producers. Sky

Feb 14 (Reuters) – A Royal Caribbean cruise ship remained in a Florida port on Tuesday morning after U.S. Coast Guard inspectors halted its departure

Update 2: NTSB Says Icing Caused Fatal Sinking of FV Destination in Bering Sea Update 1: Searchers Locate FV Destination Wreck in Bering Sea The U.S.

LONDON, Feb 14 (Reuters) – The world’s no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian