Shipping News

By Julian Lee (Bloomberg) — It is still nearly three months until U.S. sanctions on Iran’s oil exports snap back into force, but they are

By Chen Aizhu and Meng Meng BEIJING, Aug 8 (Reuters) – PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG)

The vessel ran aground January 11, 2018 after the 17-year-old helmsman fell asleep at the wheel. Crew fatigue led to the grounding and loss of commercial

By Christian Wienberg (Bloomberg) — Shares in A.P Moller-Maersk A/S rose as much as 6.9 percent, the most since December 2016, after the world’s

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Aug 7 (Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from

The U.K. Marine Accident Investigation Branch has launched an investigation into a collision between the UK registered container ship ANL Wyong and an Italian

By Reade Pickert (Bloomberg) — They’re Donald Trump’s kind of business. They dominate the domestic market, rack up a trade surplus by selling to

The National Transportation Safety Board on Tuesday released its preliminary investigation into the sinking of the Stretch Duck 7 on July 19, 2018 in Table

By Teis Jensen and Jacob Gronholt-Pedersen COPENHAGEN, Aug 7 (Reuters) – A.P. Moller-Maersk cut its 2018 earnings forecast on Tuesday due to higher fuel

Houston-based GulfMark Offshore (NYSE:GLF) today confirmed that it has received a non-binding, unsolicited proposal from competitor Harvey Gulf International

Invented during World War I, dazzle camouflage was painted onto thousands of ships in the U.K. and U.S. as a way to disorient enemy U-boats. More than one

Colombian authorities have seized more than one ton of cocaine that was discovered inside a container on a ship bound for Europe, the Colombian Navy reported

After 15 years of extensive research, project partners Eidesvik Offshore, Wärtsilä Norway and DNV GL have recently announced the closure of the FellowSHIP

By Mike Wackett (The Loadstar) – Orient Overseas International (OOIL) suffered a loss of $73m in its OOCL container business in the first six months

By Liam Denning (Bloomberg Opinion) — Energy dominance sure does seem to come with a hefty dose of self-flagellation. The latest bit of

By Jonathan Saul LONDON, Aug 6 (Reuters) – British ship insurer UK P&I Club is in the process of setting up a subsidiary in the Dutch port city

By Fran Golden (Bloomberg) — It was a cold and cloudy July day in Reykjavik, and French arts patron Maryvonne Pinault was at a pier fulfilling

A cargo ship which ran aground Friday night off Helsingborg, Sweden has been refloated with no pollution reported, the Swedish Coast Guard said Sunday. The

DUBAI, Aug 4 (Reuters) – Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of

By Sheela Tobben and Rachel Adams-Heard (Bloomberg) — Rising trade tensions between China and the U.S. may soon affect global oil flows.