Shipping News

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

by Aradhana Aravindan (Reuters) The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd, a deal that will give SGX access

by Liz Hampton (Reuters) The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a

The U.S. Coast Guard continued its response Friday to the fire on board the 561-foot car and passenger Caribbean Fantasy which remains aground off Punta

The Caribbean Fantasy which caught fire earlier this week off Puerto Rico was detained by the U.S. Coast Guard last October over three safety violations

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S said it’s still considering several options in its strategic review after a local newspaper

Maersk Supply Service is planning to reduce its offshore vessel fleet by up to 20 vessels and axe 400 jobs over the next 18 months, the AP Moller-Maersk

Sometimes it's difficult to wrap our brains around large numbers generated by Big Data... like the relative size of shipping companies based on their total

ISTANBUL (Reuters) – Three Turkish Coast Guard personnel were killed on Wednesday after their vessel collided with a bulk carrier in the Bosphorus

By Catherine Ngai (Reuters) A rare opening of an export window for crude moving from the U.S. Gulf to Western Europe has caused a flurry of interest among oil

A Unified Command is continuing to respond Thursday to a fire aboard the 561-foot passenger ferry vessel Caribbean Fantasy off Punta Salinas, Puerto Rico.

Lake Tahoe’s beloved Tahoe Queen sustained major damage earlier this week when a fire tore through the iconic paddle wheeler popular for tourists

by Ethan Lou (Reuters) The first commercial cruise ship to sail through Canada’s Northwest Passage was set to depart on Tuesday, part of a growing Arctic

President Joko Widodo vowed Tuesday to develop all of Indonesia’s frontier areas, including the Natuna Islands close to where it is embroiled in

By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported

By Kyunghee Park and Shinhye Kang (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a

The U.S. Coast Guard responded over the weekend to a Chinese bulk carrier which had ran aground twice in the Columbia River near Skamokawa, Washington.

Aug. 16 – The team of 14 salvors remains on board the Transoocean Winner drilling rig, which is grounded on the Isle of Lewis (Aug. 8). The team is

A Boston Harbor Cruises sightseeing boat smashed into three other vessels Saturday afternoon after suffering a mechanical failure as it approached

By Chris Bryant (Bloomberg Gadfly) — It’s a sign of stunted investor expectations when an 89 per cent slide in quarterly profit triggers a 3