Shipping News

By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on

By David Tweed and Ditas Lopez (Bloomberg) — China has stationed ships near a submerged reef in the South China Sea, blocking access by Philippine boats

Here’s a 4 minute time-lapse of aboard the Military Sealift Command-chartered MV Ocean Giant during Operation Deep Freeze 2016, an annual resupply

NASA astronaut Scott Kelly is returning to earth later today after spending an epic year in space aboard the International Space Station. Now you may not

Offshore drilling contractor Noble Corporation has confirmed that a newbuild jack-up rig nearing completion at the Semcorp Marine Jurong shipyard

NYK Line says it has taken delivery of the “cutting edge” newbuild MV NYK Blue Jay, a uniquely-designed 14,000 TEU capacity containership that

BEIJING, March 1 (Reuters) – China’s navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from

OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented

By Adam Williams (Bloomberg) — Mexico’s state-owned oil company is taking deepwater development off its plate for now. Driven to rip $5.5 billion out

By Henrik Stolen OSLO, March 1 (Reuters) – Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes

The owners of the MV Rena will be able to abandon what remains of the shipwreck on New Zealand’s Astrolabe Reef but will need to pay for ongoing costs

A cruise ship abandoned by its Chinese owner for over a year has capsized and is leaking oil off the port of Laem Chabang in Thailand. The cruise ship

By Tsuyoshi Inajima and Emi Urabe (Bloomberg) — Japan’s Jera Co. said it’s in talks with other LNG companies to create an alliance of buyers that

By Mike Wackett, Ocean carriers cancelled some 230 sailings in 2015 between Asia and North Europe to boost vessel utilisation levels, and, according to Drewry,

Royal Caribbean isn’t taking any chances when it comes to weather following its nightmare cruise into a hurricane force storm earlier this month, cutting

By Jonathan Saul LONDON, Feb 29 (Reuters) – Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of

By Barbara Liston ORLANDO, Fla., Feb 26 (Reuters) – The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall

A inland freighter found itself pinned in a peculiar way on Germany’s Main river after the drunken ship captain allegedly ran the vessel into a