Shipping News

By Christine Harvey May 2 (Bloomberg) — Suncor Energy Inc. and Valero Energy Corp. are poised to use only North American crude in eastern Canada by 2015,

Fairmount Marine, the Netherlands-based ocean-going tug operator, announced this week that their 205 ton bollard pull tug, Fairmount Expedition completed the

By Mike Wackett, Against the continued toxic mix of oversupply and weak demand, cash-strapped ocean carriers are being forced to consider every creative

By Kristen Hays HOUSTON, May 1 (Reuters) – The start-up of a major Pacific Northwest rail-to-barge terminal that could bring hundreds of thousands of

Kirby Corporation’s record profit streak has continued through the first quarter according to their latest earnings report. The inland tug and barge

Sovcomflot’s ice class shuttle tanker Mikhail Ulyanov has been the target of a huge Greenpeace protest today upon arrival in Rotterdam. The tanker, which

The fictional Robert Fairchild is one of the hottest names on Wall

By Juan Pablo Spinetto April 30 (Bloomberg) — Vale SA, the largest iron-ore producer, posted a steeper decline in first-quarter profit than analysts

A deep-ocean exploration company is seeking to recover a lucrative haul of gold aboard the shipwreck of the SS Central America, nearly 160 years after it sank

The biggest ice cover on the Great Lakes in decades is backing up shipments of everything from Canadian grain to U.S. iron and steel in one of North America's

By Swati Pandey SYDNEY, April 30 (Reuters) – Hastings Funds Management and China Merchants Group have won a state government auction for a 98-year lease

On 18 February 2014, two American security contractors working for Virginia-based Trident Group were found dead in their cabin on board the containership

China Shipping Container Lines (CSCL) released their 2013 annual report today, and with it, revealed a year that showed major financial losses to the company

South Korean President Park Geun Hye apologized over a ferry sinking that left more than three hundred people dead or missing, the nation’s worst maritime

New video just released by the South Korean Coast Guard shows the captain of the Sewol abandoning the heavily listing ship into a coast guard lifeboat as

Just as every gas pump in the United States has a stamp on it saying it’s been certified by a weights and measures regulatory body, shipowners are asking

April 28 (Bloomberg) — Iron ore futures in China, the biggest buyer of the steel-making commodity, fell the most in more than a month after a report that

By Colin McClelland and Manuel Soque April 25 (Bloomberg) — Angola’s main port installed new cranes and provided more training to reduce its cargo

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for marine hose and was sentenced to two years in prison, the U.S.

DUBAI, April 24 (Reuters) – Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as