Shipping News

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost

Shipping freight rates for transporting containers from ports in Asia to Northern Europe continued to fall for the sixth consecutive

Houston headquartered Genesis Energy, L.P. announced today that it has agreed to acquire the Jones Act-qualifying MT American Phoenix and two related charters

Chevron Corporation (NYSE: CVX) together with BP announced Thursday a significant new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of

A 55-foot tugboat towing an empty barge capsized and sank Wednesday night off of Point Judith, Rhode Island. All four people aboard the tug were rescued from

U.S. Coast Guard marine investigators are trying to determine the cause of a collision between a passenger ferry and a commercial sailing vessel which occurred

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker

Crowley Maritime Corp. has announced that VT Halter Marine, Inc. in Pascagoula, Mississippi has cut steel on the first of two new LNG-powered ConRo ships for

South Korea’s Samsung Heavy Industries has announced the development of a underwater robot for cleaning the hulls of ships. Think of it as a Roomba for

Daily rates for Capesize vessels hauling about 160,000 metric tons of iron ore jumped 38 percent to $12,580 today, according to the Baltic Exchange in

Boskalis, Van Oord and Jan de Nul aren’t the only the only ones who will be sucking vast quantities of mud from the Suez Canal over the next few

By Rainbow Nelson in Cartagena Nicaragua’s ambitious plans to build a rival to the Panama Canal are likely to cost almost double the estimated $40bn,

The chances of attracting the Ebola Virus Disease while onboard your ship or in port is extremely low, even if you find yourself traveling to and from the

An extended slump in oil prices threatens an expansion of the liquefied natural gas industry and risks cutting returns for project developers in Australia,

The 15,500 TEU containership Edith Maersk became the largest ship to navigate up the River Thames this weekend during a call at DP World’s new London

Frontline Ltd (NYSE: FRO) the Bermuda-based crude oil shipping firm led by board chairman, John Fredriksen has brought on a new CEO to take the company

A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has won a contract from the Suez

Update: Late on Friday night the Canadian Coast Guard patrol vessel Gordon Reid secured a tow line to the adrift Russian cargo ship, MV Simushir, west of

Australian researchers have used some new sonar equipment to capture stunning imagery of the shipwreck of the MV Lake Illawarra bulk carrier, which tragically

Venezuela's PDVSA bought two cargoes of Russian Urals light crude from a unit of Petrochina to be delivered starting in November at the Isla refinery in