Shipping News

Searchers have located the missing bridge of the ill-fated cargo ship El Faro, but the search continues for the vessel’s voyage data recorder, the

The new offshore construction vessel Island Venture was put through its paces this week during sea trials in Norway, where the vessel is under construction at

By Benjamin Katz and Christopher Jasper (Bloomberg) — Rolls-Royce Holdings Plc Chief Executive Officer Warren East revealed the full extent of the

Ships are freaking

The effort to dismantle the ill-fated Costa Concordia continues in Genoa, Italy with approximately 200 technicians now working to cut up and remove

The Panama Canal is still dealing with a high backlog of vessels waiting to pass through the waterway, leaving ships, crews and cargo waiting

By Mike Wackett, The Loadstar There are “significant obstacles” to the sale of Singapore-based Neptune Orient Lines (NOL), despite interest from Maersk

By Shihar Aneez COLOMBO, Nov 11 (Reuters) – Sri Lankan President Maitripala Sirisena on Wednesday revoked all deals by a private security firm related to

By Jonathan Saul LONDON, Nov 11 (Reuters) – Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles

FRANKFURT, Nov 11 (Reuters) – Newly-listed German container shipping group Hapag Lloyd said on Wednesday it broke even in the third quarter as it

  COPENHAGEN, Nov 11 (Reuters) – Busy refineries boosting tanker freight rates in the oil tanker market helped both Danish shipping companies D/S

  The Port of Houston Authority has commissioned the first of four new Super Post-Panamax STS cranes at its Barbours Cut Container Terminal. The four

  A fire onboard a ship under construction at Daewoo Shipbuilding & Marine Engineering’s Okpo shipyard killed one and injured seven others

  HOUSTON, Nov 10 (Reuters) – A traffic jam of oil tankers has emerged along the U.S. Texas coast this month, a snarl that some traders see as the

  NEW YORK, Nov 9 (Reuters) – Cheniere Energy’s landmark Sabine Pass liquefied natural gas export plant in Louisiana will receive its first

  By Ole Mikkelsen COPENHAGEN, Nov 9 (Reuters) – The world’s number one container shipping company Maersk Line expects consolidation in the

  By Kyunghee Park (Bloomberg) — Neptune Orient Lines Ltd. jumped to the highest level in more than five months in Singapore trading after the

  By Christian Wienberg (Bloomberg) — The world’s economy is growing at a slower pace than the International Monetary Fund and other large

  By Jonathan Saul LONDON, Nov 9 (Reuters) – The market for hedging oil tanker freight has revived sharply this year to a value of $4.5 billion

  By Joyce Koh, Jonathan Browning and Aaron Kirchfeld (Bloomberg) — Neptune Orient Lines Ltd. said it’s in separate talks with France’s CMA CGM