News

By Seng Li Peng Tankers full of liquefied petroleum gas (LPG) are gathering off Singapore waiting for buyers as a flood of supply from the U.S. and Saudi

By Idrees Ali WASHINGTON, Aug 25 (Reuters) – A U.S. Navy ship fired warning shots toward an Iranian fast-attack craft that approached two U.S. ships, a

The Indonesian Navy has tracked down and intercepted a Malaysian tanker that was seized by its own crew earlier this month following a dispute with the

By Mike Wacket (TheLoadstar) It might not be easy for one of the new mega east-west vessel-sharing alliances to appease the regulators. The

by Kyunghee Park (Bloomberg) — China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a

A U.S. Navy video obtained by USNI News shows the moment four Iranian Revolutionary Guard patrol boats approached the guided-missile destroyer USS Nitz earlier

By Mike Wackett (The Loadstar) – Hanjin Shipping today submitted a “financial improvement plan” to its creditor banks in a final attempt to avoid

by Andy Hoffman (Bloomberg) Mercuria Energy Group Ltd. has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade

Twenty-six hours of data and audio pulled from the El Faro’s voyage data recorder is providing investigators with important

A U.S. government oil and gas lease sale covering the Western Gulf of Mexico garnered just $18 million in high bids on Wednesday, a reflection of the prolonged

More than 10 years ago a fisherman from the Philippines scooped up a giant pearl from the seafloor and kept it under his bed for good luck. Now experts

U.S. authorities have downsized their response to the Caribbean Fantasy passenger ferry as the operation shifts from emergency response to long term

By Matt Siegel and John Irish SYDNEY/PARIS, Aug 24 (Reuters) – French naval contractor DCNS said on Wednesday it may have been the victim of

  By Liz Hampton (Reuters)  The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large

By Liz Hampton HOUSTON, Aug 23 (Reuters) – The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large

There are those times when shipping accidents occur way out at sea, far out of view to majority of the public. Then there at those other times when accidents

The drilling rig that ran aground in bad weather on the Isle of Lewis a little over two weeks ago has been successfully refloated and stablized and is now

A luxury cruise ship chartered to house asylum seekers has been put up for sale by its owner due to problems with regulators and the reduction of the refugee

Allseas’ giant installation/decommissioning and pipelay vessel Pioneering Spirit successfully executed her maiden heavy lift project on Monday with the

The only two words that come to mind while watching this video are “oh sh!t”.  This apparently happened in the Red Sea after the cargo