News

Australian authorities have detained a Panama-flagged bulk carrier in Brisbane after officials found that the crew was untrained in the operation of the

The removal of fuel and all hazardous materials from the stranded bulk carrier Los Llanitos concluded earlier this month as the salvage now moves to

Lying below the surface of the bay and extending from the tip of Sandy Hook to the south shore of Long Island is a series of shoals that separate

By Letitia Stein TAMPA, Fla., May 26 (Reuters) – U.S. investigators on Friday concluded two weeks of hearings into the sinking of cargo ship El Faro in a

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption

By Benjamin Katz (Bloomberg) — The joint venture that is building two aircraft carriers for the U.K.’s Royal Navy is fighting to meet a 6.2 billion

By Bate Felix PARIS, May 27 (Reuters) – French CGT union members at the CIM, an oil storage and supply services company which handles about 40 percent of

The 28th annual Fleet Week New York kicked off Wednesday with a parade of ships past the Verrazano Bridge and into New York Harbor. The week long

By Mike Wackett (The Loadstar) – Maersk Line’s aggressive growth strategy in the first three months of this year was a contributing factor in the 23%

By Valerie Volcovici and Emily Stephenson BISMARCK, N.D., May 26 (Reuters) – Donald Trump, the presumptive Republican presidential nominee, promised on

A good samaritan fishing vessel rescued four survivors from the Atlantic Ocean following a collision involving two U.S. Navy fighter jets 25 miles east of

CAIRO, May 26 (Reuters) – Egypt’s air accidents chief said on Thursday that a vessel provided by French company ALSEAMAR, which specializes in

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore rig operator controlled by billionaire John Fredriksen, says the worst market downturn in a

PARIS, May 26 (Reuters) – Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a

By Firat Kayakiran (Bloomberg) — Tanker owners hauling the world’s crude were among the few big winners from an oil-price crash that started in

By David Fickling and Andy Mukherjee (Bloomberg) — What does Singapore’s bourse hope to get out of its takeover of the Baltic Exchange? On the face

Royal Caribbean International on Wednesday announced plans for a fifth Oasis-class cruise ship as well as two luxury liners for its Celebrity Cruises

PARIS, May 25 (Reuters) – CMA CGM, the world’s third-largest container shipping firm, is to go ahead with its planned acquisition of

By Alex Nussbaum and Naureen S. Malik (Bloomberg) — A century after transforming global markets, the Panama Canal is about to redraw world trade once

By Jonathan Saul LONDON, May 25 (Reuters) – Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to