Shipping News

By Chibuike Oguh (Bloomberg) — Exxon Mobil Corp., Marathon Petroleum Corp., and Valero Energy Corp. are among the refiners that may stand to gain the

The Port of Savannah handled record 4.2 million twent-foot equivalent containers (TEU) in its 2018 fiscal year for an impressive 8.4% increase year-over-year,

Officials in the U.K. have approved the salvage plan for the cargo ship M/V Priscilla which remains hard aground on the Pentland Skerries off the coast of

Crowley Maritime Corp. has taken delivery of its first of two combination container/roll on-roll off (ConRo) ships powered by LNG from shipbuilder VT Halter

July 23 (Reuters) – The U.S. Coast Guard used a floating crane on Monday to raise the “duck boat” that sank beneath storm-whipped waves in a

On 15 July 2018, container ship Aeneas ran aground in the Suez Canal during a southbound transit. As a result of the grounding, the Panamax Alexander, Sakizaya

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds

Editor’s Note: This article is part of a series focussing on the U.S. Coast Guard’s public hearing on the explosion and fire aboard the Bouchard No. 255

By Anna Shiryaevskaya and Elena Mazneva (Bloomberg) — On a hot sunny day in July, Europe’s largest port is busy loading super-chilled

By Anthony DiPaola (Bloomberg) — The war of words between U.S. President Donald Trump and his counterpart in Iran over oil exports and sanctions is

By Brendan O’Brien and Andrew Hay – July 20 (Reuters) – Divers on Friday recovered the last of the bodies from the wreckage of a

  SINGAPORE, July 20 (Reuters) – Singaporean rig builder Sembcorp Marine Ltd swung into the red in the second quarter, and cautioned a trend of

Russian oil and gas company PAO Novatek has shipped its first cargoes of liquified natural gas from the Yamal LNG project to China via the Northern Sea Route.

The Board of Directors Lindblad Expeditions has authorized a plan to order a second newbuild polar expedition cruise ship as part of the company’s

SINGAPORE, July 19 (Reuters) – Singapore’s Keppel Corp posted a 44 percent rise in its second-quarter profit, citing stronger earnings from its

By Hyonhee Shin SEOUL, July 19 (Reuters) – A South Korean court on Thursday acknowledged for the first time the government’s liability for the 2014

Israeli container shipping company ZIM has reached a deal with 2M alliance members Maersk Line and Mediterranean Shipping Company on a new strategic

By Alex Longley and Irene García Pérez (Bloomberg) — One of the world’s most polluting fuels may have some life left in it yet. Demand for high

By Lefteris Karagiannopoulos OSLO, July 19 (Reuters) – Owners of Norwegian oil rigs are considering imposing a lockout on workers as a high-stakes gamble

Update (Thursday) – The Coastguard reports that the situation remains unchanged and there was no attempt to refloat the vessel at high water Thursday