News

Swiss petrochemical company INEOS has announced that the first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal

Sept 3 (Reuters) – Tropical Storm Hermine plowed across North Carolina’s Outer Banks on Saturday, threatening the U.S. East Coast with a mix of

By Manuel Mogato (Reuters) Southeast Asian countries and China will establish hotlines and adopt communications protocols to avoid potential naval clashes

Soaring into the weekend

The rusted hulk of what was once the Costa Concordia made its final journey to a dry dock in Italy where it will be cut up and recycled once

By Joyce Lee and Keith Wallis (Reuters) Roughly half of Hanjin Shipping Co‘s container vessels have been blocked from ports

By Eli Lake (Bloomberg) In early August, Japan’s Coast Guard witnessed an unconventional Chinese assault on its territorial waters. According to Japanese

By Ole Mikkelsen COPENHAGEN, Sept 2 (Reuters) – The cost of transporting containers from ports in Asia to Northern Europe and the United States jumped

By Saket Sundria and Debjit Chakraborty (Bloomberg) — State-run Shipping Corp. of India Ltd., struggling for respite from an industry downturn, plans to

By Mike Wackett (TheLoadstar) Captains on bankrupt Hanjin Shipping vessels have been ordered to slow steam or stop altogether to avoid the risk of being served

By Dmitry Madorsky (Reuters) British and Russian World War Two veterans gathered on Wednesday in Arkhangelsk, 75 years to the day since Britain’s first

A 9,000 TEU containership suffered a major fire in its cargo area while berthed the port of Hamburg on Thursday. The Hamburg Water Police reports that the 300

By Ying Fu (Bloomberg View) — As the leaders of China and the U.S. meet in Hangzhou ahead of this weekend’s Group of 20 summit, many would like to

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 1 (Reuters) – Hanjin Shipping Co Ltd vessels have been seized at Chinese ports in the wake of the South Korean

International classification society ABS says it has classed the world’s largest ethane/ethylene capable liquefied gas carrier Navigator Aurora. The ship has

By Gavin van Marle, (The Loadstar) – The largest bankruptcy ever to take place in container shipping now appears inevitable after the board of Hanjin

(Bloomberg) Workers at a Coca-Cola factory in southern France opened a shipment of orange juice but found a huge shipment of cocaine instead. The

Offshore oil and gas operators have shut-in approximately 19.52 of of the current oil production in the Gulf of Mexico as Tropical Storm Hermine makes its way

By Andy Mukherjee and David Fickling (Bloomberg Gadfly) — Depending on whom you ask, South Korea’s largest container-shipping company filing for

The platform supply vessel UP Safira suffered a fire Tuesday in Macaé, Brazil. The vessel is currently on a 4-year charter contract with Petrobras, which