News

By Joseph Guyler Delva and Sarah Marsh PORT-AU-PRINCE/GUANTANAMO, Cuba, Oct 5 (Reuters) – Hurricane Matthew churned toward the Bahamas and

The Norwegian government has opened the world’s first test area for drone ships in the latest sign that the industry’s move towards autonomous

With powerful Hurricane Matthew making its way through the Caribbean and threatening to hit the U.S. from Florida to the Carolinas, Tote Maritime has issued a

The U.S. Department of Transportation has hired a private government consultant to perform an independent cultural assessment of the United States Merchant

By Roslan Khasawneh and Keith Wallis SINGAPORE, Oct 4 (Reuters) – The global shipping industry is bracing for a key regulatory decision that could mark a

JERUSALEM, Oct 5 (Reuters) – Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said on Wednesday it had agreed to

By Jonathan N. Crawford (Bloomberg) — A liquefied natural gas tanker plying the waters of the Mediterranean has created a guessing game for energy

Hurricane Matthew at 2100 UTC has weakened slightly to 120 knots maximum winds due to the interaction of nearby land. Hurricane force winds extend outward 40

Update: At of 11 a.m. EDT Oct. 7 the eye wall of Hurricane Matthew was centered about 95 miles southeast of Jacksonville and about 35 miles east-northeast

By Angelina Rascouet (Bloomberg) — BP Plc’s Clair offshore field near the U.K.’s Shetland Islands is still shut following an oil leak. BP, which

Offshore drilling contractor Transocean says it has received a notice for the early termination of the contract for its ultra-deepwater

The expanded Panama Canal has achieved yet another first with the transit of the first dry bulk cargo through the new locks. The Bermuda-flagged MSC bulk

By Makini Brice LES CAYES, Haiti, Oct 4 (Reuters) – The fiercest Caribbean storm in almost a decade ripped into Haiti’s southwestern peninsula

By Mikael Holter and Luca Casiraghi (Bloomberg) — Seadrill Ltd.’s billionaire chairman and largest shareholder, John Fredriksen, is willing to

By Netty Ismail and David Yong (Bloomberg) — Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings

By Joyce Lee SEOUL, Oct 4 (Reuters) – The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their

DUBAI (Reuters) – Arab coalition forces have launched operations against militia boats of Yemen’s Houthi group that struck a civilian logistics

By Mike Wackett (The Loadstar) – Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year. This compares with a $23m

Hurricane Matthew has grown into an intense Category 4 hurricane with max sustained winds of 140 mph as it approaches western Haiti on Monday. Over the

By Chris Cooper (Bloomberg) — Shares of Kawasaki Heavy Industries Ltd. plunged the most in eight years after the company cut its full-year profit