News

In a first for the industry, tankers transporting LNG will receive discounted port dues at the Port of Rotterdam. The discount of 6% will only apply to those

By Reese Ewing and Gustavo Bonato SAO PAULO, Feb 19 (Reuters) – Brazilian dock workers in Santos on Tuesday left a Chinese ship they occupied for two

(Bloomberg) — Global liquefied natural gas prices on the spot market will enter a bearish cycle from 2016 to 2017 as new supply comes online before Asian

UAE rig-builder Lamprell announced today the successful of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern.” Having

By Joe Brock ABUJA, Feb 19 (Reuters) – Pirates kidnapped six foreign sailors when they boarded a ship two days ago off Nigeria’s coast in the

Athens-based shipowner Diana Containerships reported their Q4 earnings today along with news of their acquisition of the M/V Hanjin Malta, a 4,024 TEU Panamax

By John McGarrity LONDON, Feb 19 (Reuters) – Colombia’s largest coal exporter Cerrejon has declared force majeure on at least some of its cargoes

Coal imports into China, the world’s largest consumer of the commodity, are poised to more than double in the next few years as local production falls,

Golden Ocean Group Ltd. climbed to the highest level in almost two years in Oslo trading after the shipping company controlled by billionaire John Fredriksen

In a wicked storm off Canada late last night, fishermen on a swordfish and halibut boat activated their Emergency Position Indicating Radio Beacon (EPIRB)

CMA CGM SA’s bonds rallied seven times faster than peers in the past week after the third-biggest container line won support from banks to loosen debt

Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that

In a filing on the Oslo stock exchange, Aker Philadelphia Shipyard ASA (Oslo: AKPS) announced today that its wholly-owned subsidiary, Aker Philadelphia

By Ranga Sirilal and Shihar Aneez COLOMBO – Myanmar nationals rescued from a sinking ship by the Sri Lankan Navy have told of throwing 98 people

Charter costs for the biggest oil tankers plying the industry’s busiest trade route rose for a second session as charterers in China returned to work

Ships may soon be able to shed the unwanted accumulation of bacteria and other marine growth with the flick of a switch. Researchers have developed a new

Maersk Oil Qatar and Gulf Drilling International (GDI) announced today they have signed a four year agreement for 770 million Qatari Riyal (USD $211 million),

By Reese Ewing and Gustavo Bonato SAO PAULO – Brazilian workers at the port of Santos occupied the Chinese ship Zhen Hua 10 early on Monday in protest

Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and

Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to