Shipping News

By Jessica Shankleman (Bloomberg) — The highest carbon tax in an oil producing nation has persuaded Norway’s state-owned driller to experiment with

By Jonathan Saul and Parisa Hafezi LONDON, April 19 (Reuters) – Iran faces a struggle to increase oil exports because many of its tankers are tied up

By Swati Pandey SYDNEY, April 18 (Reuters) – Three consortia of Australian and international funds have submitted bids for a 50-year lease of the Port of

By Kyunghee Park (Bloomberg) — Billionaire Li Ka-Shing’s Hutchison Port Holdings Trust predicts more mega ships will call at its Shenzhen port to move

Qatari natural gas producer Qatargas, United Arab Shipping Company and Shell have signed a Memorandum of Understanding (MOU) to explore the development of

Kongsberg Maritime and Statoil have signed an agreement with Eelume, a Norwegian University of Science and Technology (NTNU) spin-off company, to develop

By Mike Wackett (The Loadstar) – According to the latest data collated by Dynaliners, there are 37 ultra-large container vessels (ULCVs) of over 18,000

By Colin Packham SYDNEY, April 18 (Reuters) – Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm

By Kyunghee Park (Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, reported a 41 percent decline in first-quarter profit as weak oil

BEIJING, April 17 (Reuters) – China’s South China Sea fleets have conducted training drills with upgraded methods that resemble actual combat

Time after time the search has been made, and time after time, they’ve all come back empty handed. This week however, a division of Kongsberg Maritime

Crowley Maritime has taken delivery of the third of four Jones Act product tankers being built for the company by Philly Shipyard. The 50,000 dwt tanker,

April 15 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, rose on Friday, supported

The Costa Group has announced that starting in April 2017 its 56,000 ton Costa neoRomantica will be based in Asia year-round. Costa neoRomantica will be the

By Farah Master HONG KONG, April 15 (Reuters) – Captain Valerie Lyzhyn and his 45 crew are stranded in Hong Kong, big losers in a gambling slump

Japan Marine United Corp. recently delivered the 14,000 TEU container ship NYK Blue Jay to shipping company Nippon Yusen Kaisha (NYK). The vessel, which

By Ole Mikkelsen COPENHAGEN, April 15 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe have plummeted

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration is imposing tough new regulations for offshore drilling nearly six years after the Deepwater

HOUSTON, April 14 (Reuters) – Exxon Mobil is shipping a cargo of crude produced from its deepwater Julia field in the Gulf of Mexico to its refinery in

The U.S. Navy’s USS Fort Worth (LCS 3), the littoral combat ship sidelined in Singapore due to gear damage, will sail under its own power to San Diego