News

The car carrier Höegh Xiamen has been declared a total loss following a fire that broke out onboard last month in Jacksonville, Florida, its owner announced

By Roslan Khasawneh SINGAPORE, July 3 (Reuters) – Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter,

By Jonathan Saul LONDON, July 3 (Reuters) – Djibouti has carried out the first crew change of merchant sailors in its territory and is ready to get home

The Coast Guard continues to investigate the loss of 21 shipping containers from the barge Ho Omaka Hou off Hilo, Hawaii. All cargo was successfully removed

By Nina Chestney LONDON, July 2 (Reuters) – A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in

OSLO, July 2 (Reuters) – Pirates attacked an oil production vessel off Nigeria in the early hours of Thursday and kidnapped nine Nigerian nationals, the

By Timothy Gardner and Daphne Psaledakis WASHINGTON, July 2 (Reuters) – U.S. prosecutors late on Wednesday filed a lawsuit to seize the gasoline aboard

By Laila Kearney NEW YORK, July 1 (Reuters) – Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude

Finnish technology group Wärtsilä will be conducting what it says it the world’s first long-term, full-scale testing of ammonia fuel in a marine

By Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo

By Mike Wackett (The Loadstar) – The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its

By Jonathan Saul LONDON, July 1 (Reuters) – Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis

New Jersey-based shipping firm American Roll-On Roll-Off Carrier has been re-awarded the Global Household Goods Contract by the U.S. Transportation Command.

Two people were killed early Monday morning after their fishing vessel struck a jetty in the Siuslaw River Bar and sank near Florence, Oregon. The U.S. Coast

(Bloomberg) — Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for this

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or

By Dimitra Kessenides and Kyunghee Park (Bloomberg) –Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power

By Wendell Roelf CAPE TOWN, June 30 (Reuters) – CMA CGM, the world’s fourth-largest container shipping line, will impose emergency congestion

By Brendan Murray (Bloomberg) — Just as the U.S. president urges American companies to ditch China, many of them can’t get more of China fast enough.

A Liberian-flagged containership lost three containers overboard off the coast of Western Australia last Thursday. The Australian Maritime Safety Authority