News

The Panama Canal says water conservation measures have been successful in securing steady draft reliability for the next several months as the waterway

By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN, May 13 (Reuters) – Shipping group A.P. Moller-Maersk warned of a sharp drop in global

May 13 (Reuters) – Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy

PARIS, May 13 (Reuters) – Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it

By Fabiana Batista (Bloomberg) –Brazilian port workers are starting to fall ill as the coronavirus pandemic reaches one of Latin America’s busiest

By Sheela Tobben (Bloomberg) –Supertankers laden with Saudi Arabian crude heading to U.S. shores are taking longer than normal to discharge as smaller

Fewer cargo containers moved through the Port of Long Beach in April as economic effects of the COVID-19 pandemic continue to impact global trade. The Port of

Development of the world’s first fully autonomous containership has been put on hold indefinitely amid the COVID-19 pandemic.  In 2017, Norwegian fertilizer

By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR, May 12 (Reuters) – An oil exploration vessel contracted by Malaysian state energy company Petronas

The world’s largest containership has departed China carrying a record 19,621 TEUs.  South Korean shipping line HMM said its new HMM Algeciras departed the

The operator of a recreational sailboat has been cited for violating navigation rules after his sailboat crossed in front of tanker in a narrow channel near

By Lucila Sigal BUENOS AIRES, May 10 (Reuters) – Ships transporting cargo from Argentina’s Rosario grain hub through the Parana River are having to

Deepwater searchers have located the wreck of the famed USS Nevada off the coast of Hawaii. A team consisting of U.S.-based archaeology firm SEARCH, Inc. and

By Mike Wackett (The Loadstar) – Ocean carriers are scrambling to cut costs as the demand for liner services continues to plummet, and the off-hiring of

By Parisa Hafezi DUBAI, May 11 (Reuters) – One Iranian warship accidentally struck another with a missile during an exercise, killing 19 sailors and

TALLINN, May 8 (Reuters) – Estonia will give the Baltic Sea shipping firm Tallink, which has been badly hit by lockdowns, a 3-year loan of 100 million

Crane manufacturer Liebherr-MCCtec Rostock has addressed the crane collapse on board newbuild offshore installation vessel at a Liebherr yard in Rostock,

By Salvatore R. Mercogliano, Ph.D. – In his autobiography, The Second World War, Winston Churchill said of the Battle of the Atlantic, “The only thing

By Helen Coster and Joshua Franklin NEW YORK, May 7 (Reuters) – Norwegian Cruise Line Holdings Ltd’s $3.5 billion in cash on hand will be enough to

By Phil Stewart and Idrees Ali WASHINGTON, May 7 (Reuters) – The handling of a coronavirus outbreak aboard the Theodore Roosevelt aircraft carrier was