News

By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,

By Christoph Steitz FRANKFURT, Sept 23 (Reuters) – Yield-hungry investors in the offshore wind market are switching their sights to the United States as

LONDON, September 23 (Fitch) The decision by A.P. Moeller-Maersk A/S to split into two separate divisions – Transport & Logistics and Energy –

By Joe Ryan (Bloomberg) — Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With

International classification society ABS has released new guidance for U.S. towing vessel owners to help them comply with the new requirements of

Danish energy company Dong Energy said Thursday that it is planning to build the world’s largest offshore wind hub in northeast England to service the

By Angeliki Koutantou ATHENS, Sept 22 (Reuters) – China’s biggest shipping company, COSCO Shipping, plans to ramp up container volume at

By Christian Wienberg (Bloomberg) — The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue

By Chris Hughes (Bloomberg Gadfly) — AP Moeller-Maersk is the latest company to do the splits. But the Danish conglomerate isn’t going for a dramatic

Editor’s Note: Danish business conglomerate A.P. Moeller-Maersk A/S, owner of the world’s biggest container shipping company and other marine,

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – Denmark’s A.P. Moller-Maersk , the world’s largest container shipping group, is

DENPASAR, Indonesia, Sept 22 (Reuters) – Indonesian authorities on the resort island of Bali on Thursday detained a ship from Malaysia carrying around 30

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that

The U.S. Navy’s new high tech destroyer has been sidelined for repairs after suffering a seawater leak in its propulsion system less than a month

By Kyunghee Park (Bloomberg) — The South Korean court overseeing the receivership application of Hanjin Shipping Co. said the stranded vessels of

By Joyce Lee SEOUL, Sept 21 (Reuters) – The largest shareholder of Hanjin Shipping Ltd agreed on Wednesday to lend 60 billion won ($53.96 million) to

https://www.youtube.com/watch?v=a6HUFm6FKD4 Well this is obviously a promotion for one of them but it was a pretty good effort from both sides. PS –

Authorities in China are racing to prevent more oil from spilling from a grounded cargo ship near Xiamen, China. Officials are saying the vessel, Gan Tai Tai

Authorities in the Philippines are investigating how a commercial tanker veered off course and collided the Philippine Navy’s newest and biggest ship.

Officials in China have began testing the world’s largest ship lift at the massive Three Gorges Dam in Central China. The shiplift can lift vessels up to