Shipping News

By Seng Li Peng Tankers full of liquefied petroleum gas (LPG) are gathering off Singapore waiting for buyers as a flood of supply from the U.S. and Saudi

By Idrees Ali WASHINGTON, Aug 25 (Reuters) – A U.S. Navy ship fired warning shots toward an Iranian fast-attack craft that approached two U.S. ships, a

The Indonesian Navy has tracked down and intercepted a Malaysian tanker that was seized by its own crew earlier this month following a dispute with the

By Mike Wacket (TheLoadstar) It might not be easy for one of the new mega east-west vessel-sharing alliances to appease the regulators. The

by Kyunghee Park (Bloomberg) — China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a

by Andy Hoffman (Bloomberg) Mercuria Energy Group Ltd. has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade

Twenty-six hours of data and audio pulled from the El Faro’s voyage data recorder is providing investigators with important

A U.S. government oil and gas lease sale covering the Western Gulf of Mexico garnered just $18 million in high bids on Wednesday, a reflection of the prolonged

More than 10 years ago a fisherman from the Philippines scooped up a giant pearl from the seafloor and kept it under his bed for good luck. Now experts

By Matt Siegel and John Irish SYDNEY/PARIS, Aug 24 (Reuters) – French naval contractor DCNS said on Wednesday it may have been the victim of

By Liz Hampton HOUSTON, Aug 23 (Reuters) – The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large

There are those times when shipping accidents occur way out at sea, far out of view to majority of the public. Then there at those other times when accidents

The drilling rig that ran aground in bad weather on the Isle of Lewis a little over two weeks ago has been successfully refloated and stablized and is now

A luxury cruise ship chartered to house asylum seekers has been put up for sale by its owner due to problems with regulators and the reduction of the refugee

It’s a good thing those guys let the little guy stay on board. If not it would have been the internet eating them for

By Alessandro Pasetti (TheLoadstar) The interim results of Hapag-Lloyd were uninspiring, to say the least. Not only is the world’s

Two tugboats helped refloat the Transocean Winner drilling rig at high tide on Monday night nearly two weeks after it grounded in Dalmore Bay on the west

The nuclear-powered submarine USS Louisiana collided with a U.S. Navy Offshore Support Vessel last week while conducting routine operations in the Strait of

Update: NTSB determines probable cause of Caribbean Fantasy fire.  Firefighters in Puerto Rico were able to extinguish the fire aboard the passenger

Fred Olsen Energy says it has reached an agreement with South Korean shipbuilder Hyundai Heavy Industries to settle a dispute over the newbuilding contract for