Panama Canal Retakes Market Share from Suez
By Gavin van Marle (The Loadstar) – Following the inauguration of the Panama Canal’s new lock system at the end of last month, the waterway is already
The latest maritime and offshore news.
By Gavin van Marle (The Loadstar) – Following the inauguration of the Panama Canal’s new lock system at the end of last month, the waterway is already
By David Wethe and Rakteem Katakey (Bloomberg) — BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst
By Christopher Martin (Bloomberg) — The Long Island Power Authority plans to approve a 90 megawatt wind farm off the coast of New York that would become
By Ed Hammond and Kiel Porter (Bloomberg) — Ports America, the closely held maritime-terminal operator, is exploring a sale, people with knowledge of the
Subsea surveying company PGS has once again set the record for the world’s largest seismic streamer spread tow covering a surface area of a whopping 50
Norwegian shipping company Wallenius Wilhelmsen Logistics AS (WWL) has agreed to plead guilty and pay a $98.9 million criminal fine for its involvement in a
By Dan Murtaugh (Bloomberg) — Asia’s going to have to wait a little longer for the flood of U.S. shale gas to reach its shores. A global glut of
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors
Dozens of Navy ships from all over the world have descended on Pearl Harbor as part for Rim of the Pacific (RIMPAC) 2016, the world’s largest
The Port of Savannah on Wednesday welcomed the first vessel to call at the port through new locks of the expanded Panama Canal. At a capacity of 10,100
Three Milford Haven ship pilots have been injured after their pilot boat made ‘hard contact’ with an LNG carrier during a routine transfer, the
The salvors behind the refloating of the MV Benita are downplaying the use of explosives to remove the vessel from the rocks in Mauritius, saying any use
A modern day Viking ship that sailed all the way from Norway to attend a Great Lakes tall ship festival may not even make be forced to turn back
By Tony Capaccio (Bloomberg) — The USS Gerald R. Ford — the Navy’s newest aircraft carrier and the costliest U.S. warship at $12.9 billion
By Kateryna Choursina (Bloomberg) — Ukraine, whose trade links with Russia have been severed by a two-year insurgency in its eastern regions, will strive
By David Brunnstrom and Ben Blanchard WASHINGTON/BEIJING, July 12 (Reuters) – An international tribunal’s ruling denying China’s claims in
In testimony before the House Subcommittee on Coast Guard and Maritime Transportation, Matthew Paxton, President of the Shipbuilders Council of America (SCA)
The captain and first officer of an ocean going tug have been found guilty of drug trafficking in what authorities have described as the biggest seizure of
By Henning Gloystein and Keith Wallis SINGAPORE, July 12 (Reuters) – Global oil and shipping markets reacted nervously on Tuesday after an international
By Anthony Deutsch and Ben Blanchard AMSTERDAM/BEIJING, July 12 (Reuters) – An arbitration court ruled on Tuesday that China has no historic title over
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