News

Finnish-based Aker Arctic has been selected to develop next-generation icebreakers for the Swedish Maritime Administration (SMA) and the Finnish Transport

The trade association representing 95 percent of the global ocean-going ships says its members will maintain the voluntary suspension of cruise ship operations

Nov 3 (Reuters) – The Baltic Exchange’s main sea freight index fell to a more than four-month low on Tuesday as weak demand from China dragged down

NEW BRIGHTON, England, Nov 3 (Reuters) – Britain’s new polar ship, the Sir David Attenborough, headed for the open seas on Tuesday to start trials

by Lars Paulsson (Bloomberg) The Dutch natural gas market is reinforcing its position as one of the most important trading hubs in the world. Trade on the

By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s

Nov 2 (Reuters) – Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises through the end of the year, extending previous

Nov 2 (Reuters) – Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s

[Video has been removed] A video posted to the social media website TikTok shows the scary moment a lifeboat fails during a drill. We are told the incident

Nov 2 (Reuters) – Powerful Hurricane Eta gathered strength quickly on Monday as it rumbled closer to Nicaragua and Honduras, which it was expected to

WASHINGTON, Nov 2 (Reuters) – U.S. President Donald Trump’s “America First” trade policy torched a 70-year consensus on trade

The captain of the Maersk Launceston has been temporarily released from custody in Greece as local authorities continue their investigation into last

By Michael Smith and Jonathan Levin (Bloomberg) –The U.S. Centers for Disease Control and Prevention announced Friday that it would lift a ban on cruises

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the

By David Shepardson WASHINGTON, Oct 30 (Reuters) – The Centers for Disease Control and Prevention (CDC) on Friday issued a framework for a phased

Boston-based Sea Machines Robotics on Friday announced it has hit its series B investment goal of $20 million after closing on another $5 million from private

DUBAI, Oct 30 (Reuters) – Iran accused the United States on Friday of acting like the “Pirates of the Caribbean” after Washington said it had

By Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven

The governors of Maryland, North Carolina, and Virginia are teaming up to advance offshore wind projects and promote the region as a hub for offshore wind

By Anna Shiryaevskaya, Tsuyoshi Inajima and Saket Sundria (Bloomberg) –Ships carrying cargoes around the world are waiting for days to pass through the