News

By Julia Payne and Florence Tan LONDON/SINGAPORE, Feb 11 (Reuters) – The oil market this week took a turn that could prompt traders to consider storing

The U.S. Coast is warning credential mariners against the use of hemp-based CBD products that could result in a positive drug test.  The warning was

The owner of American Steamship Company has agreed to sell the company to Rand Logistics in a stock purchase agreement valued at $260 million.  American

French containership giant CMA CGM is partnership with the hydrogen-powered vessel project Energy Observer to study and promote the zero-emission fuel within

(Bloomberg) — Billionaires are the only plausible buyers of the 112-meter superyacht concept Aqua, given its reported 500 million pound ($650 million)

Australian authorities have arrested a Yang Ming containership over a debt related to the loss of 81 containers from the YM Efficiency off the coast of

By Alex Longley and Firat Kayakiran (Bloomberg) — The shipping industry tends to do badly when Chinese demand disappoints, but the outbreak of the

BRUSSELS, Feb 10 (Reuters) – Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding

By Rocky Swift and Ju-min Park TOKYO, Feb 10 (Reuters) – Passenger tests aboard the Diamond Princess cruise ship in Japan confirmed at least 65 more

Editor’s note: Taiwanese shipping line Evergreen has responded to our report on the NGO Shipbreaking Platform’s recently published list of ships

The UK Marine Accident Investigation Branch (MAIB) says a newly promoted Captain became the single-point of failure due to a lack of support from his bridge

A group of Asia’s top shipping lines are launching a new transatlantic service connecting the Eastern Mediterranean with ports along the U.S. East Coast. 

By Ju-min Park and Elaine Lies TOKYO, Feb 7 (Reuters) – Dozens more people onboard a cruise ship quarantined in the port of Yokohama, Japan, tested

By Stephen Stapczynski (Bloomberg) — Two of Europe’s biggest energy companies rejected a Chinese force majeure on liquefied natural gas contracts in

By Tony Capaccio (Bloomberg) — The Pentagon is bolstering the number of warships the Navy will seek in its fiscal 2021 budget request after the White

U.S.-based subsea exploration firm Ocean Infinity is launching a new company that will operate a fleet of unmanned vessels that promise to break new ground in

By Jonathan Saul and Lisa Baertlein – LONDON/LOS ANGELES, Feb 6 (Reuters) – China’s fast-spreading coronavirus is throwing the global

By Krystal Chia and Haidi Lun (Bloomberg) — The global commodity-shipping industry faces an extremely challenging quarter as the impact of the

By Jessica Jaganathan and Chen Aizhu – SINGAPORE, Feb 6 (Reuters) – China National Offshore Oil Corp (CNOOC), the country’s biggest

The Unified Command has released details of how they plan to cut up and remove the overturned Golden Ray car carrier in St. Simons Sound, Georgia.  The