Indonesia Seizes Luxury Yacht, Questions Crew in Malaysian 1MDB Scandal
By Agustinus Beo Da Costa JAKARTA, March 1 (Reuters) – Indonesian police on Thursday questioned the captain and crew of a luxury yacht seized in
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
By Agustinus Beo Da Costa JAKARTA, March 1 (Reuters) – Indonesian police on Thursday questioned the captain and crew of a luxury yacht seized in
By Jeremy Hodges (Bloomberg) — GE Renewable Resources said it’ll spend as much as $400 million over the next few years to build an offshore wind
By Valerie Volcovici WASHINGTON, Feb 28 (Reuters) – A U.S. Department of the Interior committee voted on Wednesday to recommend to Secretary Ryan Zinke
The project to deepen the navigation channel leading to the Port of Savannah has reached its halfway point with the U.S. Army Corps of Engineers
COLOMBO, Feb 28 (Reuters) – Maldives on Wednesday denied a Japanese foreign ministry statement that said a Maldives-flagged vessel was used to illegally
The operator of a tanker busted for illegally dumping oily water and garbage waste at sea says the Master of the tanker “acted unilaterally” and
By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH
OSLO, Feb 28 (Reuters) – The decision by Schlumberger , the world’s largest oil services firm, to exit the offshore seismic segment was a
FRANKFURT, Feb 28 (Reuters) – German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled, citing higher
By Kambiz Foroohar (Bloomberg) — As Washington and Seoul try to maintain a unified front against North Korea, the case of two cargo ships shows
By Valerie Volcovici WASHINGTON, Feb 27 (Reuters) – Top Democrats on the Senate and House natural resources committees urged the Interior Department on
An Athens-based tanker operator has been fined $2.25 million in the United States after pleading guilty to environmental crimes relating to the discharge of
By Mike Wackett (The Loadstar) – Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a
TOKYO, Feb 27 (Reuters) – Japan has discovered another North Korean tanker it suspects of transferring goods with a vessel in defiance of U.N. Security
ATHENS, Feb 26 (Reuters) – Greece on Monday closed the Corinth canal after a rockfall that followed heavy rain, temporarily blocking a transit route used
Canadian authorities are working to clean up nearly 8,000 gallons of marine fuel oil that was spilled from the Canadian navy ship HMCS Calgary in the Strait of
By Serene Cheong (Bloomberg) — Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to
An 80-tugboat sank off the coast of Portland, Maine on Wednesday after colliding with a second tug that was towing it at the time, the U.S. Coast Guard
By Steve Holland and Christine Kim WASHINGTON/SEOUL, Feb 23 (Reuters) – The United States said on Friday it was imposing its largest package of
Sout Korea’s Hyundai Mipo Dockyard has delivered the world’s largest LNG-fueled bulk carrier. The 50,000 dwt vessel was ordered in 2016 by
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