News

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

By Tom Finn DOHA, May 25 (Reuters) – Six international oil firms including BP and Royal Dutch Shell Plc have bid to operate Qatar’s largest

A wooden fishing boat overcrowded with more than 500 refugees capsized off the coast of Libya on Wednesday, killing at least five people. A series of

By Alaric Nightingale (Bloomberg) — The Baltic Exchange Ltd., a London-based publisher of shipping rates that shape the cost of hauling everything from

By Bate Felix and Amanda Cooper PARIS/LONDON, May 24 (Reuters) – Strikes by French oil sector workers protesting proposed labour reforms spread to all

A crewman on board the U.S. Coast Guard Cutter Eagle reportedly fell overboard during a visit to Ireland Tuesday morning.  The Royal National

By Alex Lennane (The Loadstar) – The IMO has urged regulators to take a “pragmatic” approach to the new SOLAS VGM requirements for the first three

SEOUL, May 24 (Reuters) – Creditors of struggling South Korean shipper Hyundai Merchant Marine Co Ltd have agreed to a 680 billion won ($570.27 million)

By Mikael Holter (Bloomberg) — The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the clear message

By Andy Hoffman (Bloomberg) — Global container shipping lines face one or two more years of pain as the industry consolidates amid overcapacity and

Houston-headquartered drilling contractor Rowan says it has reached an agreement with one of its customers for the early termination of the drilling

Jacksonville, Florida-based Crowley Maritime Corp. announced Monday an additional $21 million investment for improvements and upgrades at its Isla Grande port

By Tim Hepher and Ahmed Aboulenein PARIS/CAIRO, May 23 (Reuters) – Teams searching for the black box flight recorders of a missing EgyptAir jet that

BEIJING, May 23 (Reuters) – A Chinese government bureau is planning a base station for an advanced rescue ship in the disputed Spratly Islands, state

CAPE TOWN, May 23 (Reuters) – South Africa’s navy has detained three Chinese ships with around 100 crew on board on suspicion of illegal squid

Update: Here’s a closer look at the two guys stuck on board the ship and how they escaped. The former flagship of the Yugoslav Navy was scuttled in

Some amateur drone video captures the new Harmony of the Seas, now the world’s largest cruise ship, as it arrives in

Uhhh, was that supposed to happen like that? Seriously, was that planned? Kind of seems like that it was. I don’t know under what circumstance anyone

Every year on May 22nd, we honor those serving in the U.S. Merchant Marine and remember the vital role merchant mariners play in our economy and national