News

Three bodies have been recovered near the wreckage of the sunken Thorco Cloud almost two weeks after the freighter sank in the Singapore Strait.

Authorities in Brazil are investigating an explosion that reportedly occurred in a cargo hold of a bulk carrier near the port of Paranaguá. The

By Clement Tan (Bloomberg) — China has approved another strategic restructuring of two state-owned shipping-related conglomerates, the second such move

Washington State Ferries is ending the year with an order for its fourth new Olympic Class ferry at Vigor Industrial. WSF signed a Notice to Proceed last

By Jim Polson and Jonathan N. Crawford (Bloomberg) — An impending flood of U.S. shale gas into the global market stands to lower the price of the heating

On December 21, 2015, Mediterranean Shipping Company’s Ultra-Large Containership (ULCS) MSC Maya called at APM Terminals Gothenburg, becoming

Royal Dutch Shell has terminated its contract for use of Transocean’s Polar Pioneer drilling rig following the the oil major’s

Danish shipping company Norden says it has sold a 10 year old capesize bulk carrier for a loss, allowing the company to focus more on smaller vessel types that

By Bloomberg News (Bloomberg) — Beijing suspended gas supplies to some industrial users after liquefied natural gas imports by PetroChina Co. were

By Bloomberg News (Bloomberg) — China fined eight shipping lines 407 million yuan ($63 million) in total after finding them responsible for price

By Jonathan Saul LONDON, Dec 28 (Reuters) – Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead,

A total of 15 LNG-powered inland barges to be chartered by Shell for use in European waterways will be equipped with Wärtsilä dual-fuel main engines

A Marshall Islands-flagged bulk carrier spent several hours aground Saturday in the Delaware River before salvors were able to refloat the vessel.  The

The largest containership ever to visit North America arrived at the port of Los Angeles early Saturday morning, marking the U.S. debut of a new breed of

A luxury cruise ship has suffered damaged after running aground in a marine preserve off Panama’s Pacific coast. Windstar Cruises confirms that its

By Yuji Nakamura (Bloomberg) — An armed Chinese government ship was one of three vessels that entered Japan’s territorial waters near disputed islands

By Bloomberg News (Bloomberg) — Chinese investors got their first opportunity to react to a plan for consolidating the nation’s two state-owned

Dutch shipyard Ferus Smit has announced the delivery of the MV Greenland, a cement carrier that not holds the title as world’s LNG-powered dry cargo

On December 12th, 2015 the Arleigh Burke-class destroyer the Ralph Johnson (DDG 114) was launched from Pascagoula, Mississippi. The guided missile destroyer is

By Paul Tugwell and Georgios Georgiou (Bloomberg) — Cyprus’s target to increase the contribution that shipping makes to its economy by around two