Shipping News

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

Update: Australian Icebreaker Still Aground in Antarctica Australia’s flagship icebreaker Aurora Australis has run aground in Antarctica after it

By Paul Tugwell and Nikos Chrysoloras (Bloomberg) — Greece is in preliminary talks with Iran to secure natural gas for local needs and provide a gateway

By Gavin van Marle (The Loadstar) – The Panama and Suez canals could be the next institutions to be affected by the ongoing crisis in the container

A Canadian fishing vessel with 30 people aboard is expected to arrive in Nuuk, Greenland in stable condition late Tuesday night following a complex effort

The world’s largest cash buyer of ships for recycling is calling on the shipping industry to support the recycling businesses that are striving to

By Slav Okov (Bloomberg) — Royal Dutch Shell Plc signed a five-year contract for oil and natural gas exploration in the deep waters of the Black Sea off

By Sabrina Valle and Harry R. Weber (Bloomberg) — Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo

By Joe Carroll and Harry R. Weber (Bloomberg) — The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her

By David Tweed (Bloomberg) — China may be building a high-frequency radar installation in the disputed South China Sea, posing a bigger threat to the

A Filipino ship captain has pleaded guilty to one felony count for obstructing a U.S. Coast Guard investigation into pollution crimes aboard his ship. Genaro

By Chris Bryant (Bloomberg) — The global steel and shipping industries have for years been locked in a tight embrace. Iron ore and coal, key raw

COPENHAGEN, Feb 22 (Reuters) – Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

By Jacob Gronholt-Pedersen Feb 22 (Reuters) – A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only

By Amir Bornaee, Market Analyst, EMEA Oil In recent days, tankers chartered by several European companies such as Total, Litasco, and Cepsa were monitored

Feb 20 (Reuters) – The captain of the doomed El Faro warned that the “clock was ticking” as his cargo ship took on water in an Atlantic

The wreck of the Costa Concordia – or least what’s left of it – continues to be broken up in Genoa, Italy in preparation for final demolition

By Donald Frost SS EL FARO’s age (39 years) has risen as a cause of its loss: But the issue, to my mind, is not age but inspection and

TC Winston continues to strengthen and at 06UTC 19th was located about 330 NM east of Suva, Fiji and was moving west at 12 knots.  Max winds are estimated