U.S. Oil Exports to Asia May Fall Further After Surge in Tanker Rates
By Florence Tan and Jessica Jaganathan SINGAPORE, Oct 11 (Reuters) – Rising shipping rates have increased the costs of shipping oil from the United
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
By Florence Tan and Jessica Jaganathan SINGAPORE, Oct 11 (Reuters) – Rising shipping rates have increased the costs of shipping oil from the United
By Kevin Crowley and David Wethe (Bloomberg) — Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.
The Tunisian roll-on/roll-off ferry Ulysse has separated from the containership CSL Virginia after the two collided Sunday in the Mediterranean Sea off
The U.S. Maritime Administration (MARAD) today issued a Request for Proposal (RFP) seeking a construction manager to deliver the new National
The U.S. Coast Guard has rescued 10 crew members who were stranded aboard a disabled cargo ship for almost 20 days in the middle of the Atlantic. The 10
By Don Martin – An explosion on October 9 to the Enbridge natural gas pipeline in Canada near Prince George B.C. threatens natural gas distribution to
By Vassilis Triandafyllou and Idyli Tsakiri FOURNI, Greece, Oct 11 (Reuters) – Archaeologists in Greece have discovered at least 58 shipwrecks, many
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), marking a 9.5 percent increase from
HOUSTON, Oct 11 (Reuters) – Major oil producers and drillers, including Chevron Corp and BP Plc, on Thursday began returning crews to more than 90
By Sam Whelan, Asia Correspondent (The Loadstar) – The US-China trade war has seemed “positive” for transpacific shipping lines, so far, with
We’re getting our first look at the track of the Ro-Ro passenger vessel Ulysse before and after it collided with containership CSL Virginia early Sunday
(Southern Boating) – The Cajun Navy has entered popular vernacular, but what do we know about the group? The famed Cajun Navy came to be when a Former
By Mikael Holter (Bloomberg) — Chevron Corp. is selling its last remaining oil exploration license in Norway, putting it one step closer to a full
Global dry bulk shipping company Star Bulk (Nasdaq: SBLK, Oslo: SBLK?R) has announced it has entered into a $310 million loan agreement, of which $70 million
The U.S. Master of P&O operated cruise ship “Azura” is currently facing unprecedented charges brought against him by French prosecutors for the
By Roslan Khasawneh SINGAPORE, Oct 10 (Reuters) – Maersk Oil Trading has leased oil storage space in Singapore, signaling a push by one of the
By Julia Payne and Dmitry Zhdannikov LONDON, Oct 10 (Reuters) – The United States is set to be the big winner from new marine fuel rules, trading house
Danish power company Ørsted has entered into an agreement to acquire U.S. offshore wind developer Deepwater Wind for $510 million. The acquisition includes
The Danish offshore wind service vessel Esvagt Mercator is typically found at the Belgian offshore wind farms, Nobelwind and Belwind in the North Sea, where
HOUSTON, Oct 9 (Reuters) – Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform
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