News

The cost of operating cargo ships is forecast to rise over the next two years after falling slightly in 2015, according to the latest Ship Operating Costs

Norwegian oil major Statoil says it has decided to exit its operations in Alaska as it tightens up its exploration portfolio. The decision means that Statoil

Crowley Maritime Corp. has broken ground on a $48.5 million pier development project in San Juan, Puerto Rico that will be used to service Crowley’s new

SHANGHAI, Nov 17 (Reuters) – Chinese transport conglomerate China Merchants Group is in talks to acquire logistics group Sinotrans & CSC in the

By Bloomberg News (Bloomberg) — Five years after it passed Singapore to become the world’s largest container port by throughput, Shanghai is finding it

The National Transportation Safety Board says it has completed its documentation of the wreck of the cargo ship El Faro and the associated debris field,

Today’s ship photos show Bordelon Marine’s new MV Brandon Bordelon, a DP2 Ultra-light Intervention Vessel (ULIV). The vessel is the latest in the

By James Paton (Bloomberg) — BP Plc will need to revise its plan to explore for oil in an untapped frontier off the coast of southern Australia before

Video filmed by Alex Brown on November 15, 2015 shows a Milford Haven pilot being taken off the 257-meter shuttle tanker Ingrid Knutsen off St. Ann’s

The first oil has been pumped from a Mexican bulk carrier that has been stranded along Mexico’s rocky Pacific coastline since late October when it ran

Four crew members who were kidnapped from an cargo ship off the Niger Delta in October have been freed in Nigeria, according to reports. The four men, two from

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s biggest shipping company, dropped to its lowest level on record after Korea Ratings

Check out this video of remote controlled crane and cargo operations at the new APM Terminals Maasvlakte II terminal at the Port of Rotterdam. Maasvlakte

By Luca Casiraghi and Mikael Holter (Bloomberg) — Pareto Securities AS is among banks targeting debt funds and private-equity firms to buy oil rigs at

ShippingTV: With the wind gusting up to 44 knots as she comes alongside, Maersk Mc-kinney Moller needs 4 tugs to berth safely at the Port of Felixstowe, around

The number of offshore vessels laid-up in the North Sea now stands at 93 and it seems new vessels are being stacked almost daily, according to data by

By David Tweed (Bloomberg) — Lighthouses have for centuries guided the world’s seafarers, preventing ships from striking rocks and reefs and helping

There has been much press and controversy in recent years about global warming or climate change. Opinions range from doomsday scenarios to absolute disbelief.

By Jonathan Saul and Libby George LONDON, Nov 13 (Reuters) – As land storage sites worldwide reach brimming point due to a supply glut, tens of millions

VANCOUVER, Nov 13 (Reuters) – Canadian Prime Minister Justin Trudeau has instructed Transport Minister Marc Garneau, in a letter released on Friday, to