News

By Reese Ewing and Fabiola Gomes SAO PAULO, Oct 18 (Reuters) – A fire ravaged Copersucar’s sugar terminal in Brazil on Friday, paralyzing

Due to the US government shutdown over the past few weeks, the christening of the US Navy and General Dynamics-Bath Iron Works’ latest creation, DDG 1000

COSCO Corporation’s shipbuilding subsidiaries, COSCO (Nantong) Shipyard and COSCO (Dalian) have won shipbuilding orders today worth over USD $400

Bourbon, the Paris-based OSV operator announced today the sale of three of their vessels today in a strategic move to maintain a fleet of modern offshore

Oct. 18 (Bloomberg) — Singapore LNG Corp., the operator of the Southeast Asian country’s first liquefied natural gas receiving and exporting

By Lomi L. Kriel PANAMA CITY, Oct 17 (Reuters) – The North Korean crew and ship detained in Panama for smuggling Cuban weapons three months ago will soon

Since March of 2013, the Greenstream, the world’s first 100% LNG powered barge has been delivering liquid fuels along the Rhine river in The Netherlands.

From the perspective of tanker owners, particularly of larger tonnage, it is clear that 2013 will not be remembered fondly. Rates have languished at levels

The researchers at Trend Micro have exposed some significant vulnerabilities to the security of the Automatic Identification System (AIS), a ship

By Jonathan Saul LONDON, Oct 17 (Reuters) – Pirate attacks off Nigeria’s coast have jumped by a third this year with ships passing through West

Oct. 17 (Bloomberg) — The cost of shipping Russian oil to northwest Europe had the biggest two-day jump since April as traders accelerated bookings of

For CMB, the Belgian dry bulk shipowner, “The outlook for 2014 and 2015 looks promising,” they note to their 3rd quarter earnings report today.

China Navigation Company (CNCo), the deep-sea ship-owning and operating arm of Singapore-based Swire Group has confirmed today a newbuild order for four

USS San Antonio (LPD 17) rescued 128 migrants of Somali decent yesterday from the central Mediterranean Sea. The amphibious transport dock ship was 60 nautical

Oceana Offshore, a Brazilian offshore logistics firm has chosen the PX105 design from Ulstein for two platform supply vessels which they plan to build at their

By Keith Wallis SINGAPORE, Oct 16 (Reuters) – Shifting trade patterns and China’s growing love affair with the car will help fuel an increase in

LONDON, Oct 16 (Reuters) – Transatlantic clean tanker rates stayed pressured on Wednesday as slow bookings and a build up of vessels took their toll on

Oct. 17 (Bloomberg) — Baltimore’s port ceased operations as 2,000 union longshoremen walked off the job in a contract dispute, snarling imported

BERLIN, Oct 16 (Reuters) – German Chancellor Angela Merkel told Russia’s President Vladimir Putin on Wednesday of her concerns over the arrest of

On Tuesday, Maersk Line Limited (MLL) President and CEO John F. Reinhart announced his plans to retire. “I have been blessed to be part of the A.P.