News

  By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just

  HAMBURG, Aug 17 (Reuters) – The Port of Hamburg Marketing Association has slashed its forecast for container volumes at Hamburg’s port, a

  A search was launched and later suspended this weekend for a crewmember of Curnard’s Queen Mary 2 cruise liner who fell overboard

  By Drewry Shipping Consultants Having blocked the P3 Alliance on competition grounds, China could now merge China Cosco and CSCL and, as a result, cause

  SINGAPORE/SHANGHAI, Aug 17 (Reuters) – Many operations have resumed at China’s Tianjin port, trade sources said, after explosions last week

The Norwegian Escape was floated out of the covered building dock at the Meyer Werft shipyard in Papenburg, Germany on Saturday. The 164,600 gross ton cruise

  By Bloomberg News (Bloomberg) — The death toll from Wednesday’s blasts at a chemical warehouse in China’s port city of Tianjin has risen to

  KOS, Greece, Aug 16 (Reuters) – Hundreds of Syrian migrants on the Greek island of Kos on Sunday began boarding a passenger ship that is to house

  A large fire engulfed the passenger ship MV Wonderful Stars while docked at the port in Ormoc city, central Philippines on Saturday, causing the frantic

  Cargo container volumes surged through the Port of Long Beach in July with an 18.4 percent increase over the same month in 2014, making it a record

Matson, Inc. this week took delivery of a new 65-ton gantry crane to replace one half its size at the company’s Kodiak Terminal in Alaska. The crane,

  By Bloomberg News (Bloomberg) — Shipping and logistics companies reported delays and disruptions after the deadly explosion at the Chinese port of

  By Keith Wallis SINGAPORE, Aug 14 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices

  Have you ever dreamed of learning to sail the seven seas aboard an old-time tall ship, complete with wood masts, rope ladders, custom-made sails—and

Today’s ship photo comes to us from NASA astronaut Scott Kelly who snapped this photo of ships in line through the Suez Canal from the International

  By Bloomberg News (Bloomberg) — China detained the owners of a hazardous- chemicals storage warehouse rocked by deadly explosions in Tianjin as

  By Ole Mikkelsen COPENHAGEN, Aug 13 (Reuters) – A.P. Moller-Maersk plans to take action to defend and potentially expand its leading position in

BY Steven Church, Tiffany Kary and David Wethe (Bloomberg) — Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the