News

May 21 (Bloomberg) — Costs to ship liquefied petroleum gas will exceed the 2008 record as the U.S. expands exports amid rising demand in Latin America

COSCO Corporation announced today that their subsidiary, COSCO (Dalian) Shipyard Co. Ltd, secured a RMB500 million (USD $81 million) contract today from an

LONDON, May 20 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were softer on Monday in slower trade with a build up

(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for

11-tanker order cancelled as OSX scales back construction of its shipyard at the Açu port

The U.S. Coast Guard on Monday is kicking off its formal marine casualty investigation hearing into the December 31 grounding of Shell's Kulluk drilling rig on

Nippon Yusen K.K., the world’s largest publicly traded operator of liquefied petroleum gas ships, surged the most in more than four years in Tokyo after

A privately run seaport would break up the monopoly controlling the country's main trade

Wilbur Ross said he intends to add to his shipping investments as slowing growth of the merchant fleet spurs an industry recovery as soon as next

May 18 (Bloomberg) — The conditional approval of a natural gas export terminal in Texas doesn’t necessarily open the floodgates for overseas sales

Safe Bulkers Inc. (SB) is a rare gem among the doom and gloom surrounding high-profile dry-cargo shipping companies.  SB owns a fleet of 26 dry-cargo vessels,

Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn’s three board nominees, while rejecting his proposal for a

Four people have been arrested in Singapore after authorities acted on information pertaining to illegal bunkering activities in the country earlier this

As Congressman Lankford seemed to hint this week, good news was on its

A message from gCaptain sponsor, Castrol Marine Port availability of premium 80 BN cylinder oil from Castrol Marine is widened to account for growing demand.

(Press Release) Marine electronics specialist MARIS AS has completed an ECDIS (electronic chart data information systems) technical training programme to

IMO has taken the controversial decision to consider delaying the implementation of tighter limits for nitrogen oxide (NOx) emissions from ships operating in

Nigeria LNG has declared force majeure on LNG exports from its 22 million tonnes-a-year terminal after a leak at a Royal Dutch Shell

A.P. Moller-Maersk is "100 percent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since

The cost of shipping LPG headed for the biggest weekly gain on record as surging U.S. exports of the cooking fuel and chemicals feedstock sap vessel