Traders Rush to Ship U.S. Oil as Export Window to Asia Opens
By Catherine Ngai and Florence Tan NEW YORK/SINGAPORE Feb 3 (Reuters) – Oil majors and trading houses are set to ship an unprecedented volume
The latest maritime and offshore news.
By Catherine Ngai and Florence Tan NEW YORK/SINGAPORE Feb 3 (Reuters) – Oil majors and trading houses are set to ship an unprecedented volume
A UK judge has handed down steep fines to the experienced Masters of two vessels that collided in thick fog on Humber estuary in Northern England in May 2016
Officials in Pakistan have halted the scrapping of oil and LPG tankers at the Gadani Shipbreaking Yard, one of the largest demolition yards in South Asia,
International classification society DNV GL has signed a Memorandum of Understanding with the Maritime and Port Authority of Singapore to promote R&D and
South Korean shipbuilder Hyundai Heavy Industries says it has manufactured its 5,000th ship propeller at its Ulsan factory. The milestone propeller measures
By Idrees Ali WASHINGTON, Feb 3 (Reuters) – The United States has sent a Navy destroyer to patrol off the coast of Yemen to protect waterways from Houthi
Dutch shipbuilding group Damen has officially taken over the management of the former Curaçao Droogdok Maatschappij, a shiprepair yard strategically located
By Libby George ANTWERP, Feb 3 (Reuters) – The biggest change in shipping fuel for decades is three years away, but shipping and refining companies need
By Sudarshan Varadhan Feb 3 (Reuters) – Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained
A Cambodian-flagged cargo has been found abandoned and listing at an anchorage near Istanbul, and officials are wondering what exactly happened to its crew.
The Maersk Triple-E containership Maersk Elba became the largest ship to call in Israel on Thursday after docking at Haifa Port’s Carmel Terminal. The
January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth. (BIMCO) –
By Firat Kayakiran, Rachel Graham and Laura Blewitt (Bloomberg) — America’s East Coast gasoline glut is back and it’s so big that tankers bound
By Enda Curran (Bloomberg) — If Donald Trump slapped China with punishing tariffs, the pain would also be felt by Japan, South Korea and Taiwan,
By Sam Whelan, Australia-based China Sea Rates has launched the world’s first plug-and-play, door-to-door ocean freight booking system for e-commerce
ADEN, Feb 2 (Reuters) – Warships shelled suspected al Qaeda strongholds in a mountainous region of southern Yemen on Thursday, government officials said.
SEOUL, Feb 2 (Reuters) – A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd’s court receivership process and expects to
By Keith Wallis SINGAPORE, Feb 2 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current
President Trump’s Executive Order on immigration and travel to the United States has immediate implications for ships calling at U.S. ports, particularly
(Bloomberg) — Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the
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